Purrfect Cat Rescue

Nonprofit profile at a glance

EIN
383729165
IRS 990-EZ coverage
2010–2020
Forms available
Form 990 2012, Form 990-EZ 2020, Form 990-N 2019
Location
Fremont, CA, USA
Phone
5107391597
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$74,824
Expenses
$140,827
Assets
$174,974
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • SIDNE MARGOLIS (PRESIDENT/TREASURER)
  • CHRISTINE BARNES (VICE PRESIDENT)

People named in this filing

  • SIDNE MARGOLIS (PRESIDENT/TREASURER)
  • BETTY WARGO (SECRETARY)
  • SUELLYN STEIGMEYER (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Purrfect cat rescue is dedicated to the rescue of stray and abandoned cats and kittens. They spay and neuter all program cats before they go to their new homes. They also operate a low cost spay or neuter services for the general public.

What it reported doing in 2020

Animal adoption program - provides cat adoption services. All cats receive veterinary care, shots and spaying/neutering prior to being adopted

Operating model

Revenue model
Investment-supported. 90% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 75% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94.7%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -88.2%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 1.24; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.8% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: -7.7% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $133K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.