Fast Friends

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020460134 ✦ Swanzey, NH ✦ Designated as a 501(c)(3)

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Overview

What is Fast Friends?

Fast Friends is a nonprofit organization, founded in 1992 in West Swanzey, New Hampshire, with a team of 60 employees. They are a state-licensed animal shelter dedicated to educating the public about greyhounds and sighthounds, finding loving homes for them, and enriching the lives of those in their community, both human and animal. Fast Friends is involved in canine education and training in their local community and provides a resource center to support greyhound and sighthound organizations worldwide. As part of their mission, they adopt out approximately 90-100 sighthounds per year.


Official website here: www.helpinggreyhounds.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating

Fast Friends has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas despite a solid accountability and finance score of 100%. The organization demonstrates strengths in board independence and financial practices, including a clean audit and no material diversion of assets. These indicators reflect a strong commitment to transparency and governance.

However, there are notable areas for concern, particularly the absence of a whistleblower policy and a document retention and destruction policy. Additionally, the organization fails to make its tax form accessible on its website, which can hinder transparency. The high liabilities to assets ratio raises questions about financial stability, highlighting the need for attention to fiscal management.

Overall, while Fast Friends exhibits commendable financial accountability, addressing the identified gaps in policy and transparency will be crucial for improving its rating and building trust with donors and the community.


This AI summary has been generated from information found on Charity Navigator.

Is Fast Friends legitimate?

Fast Friends is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fast Friends submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $103,843
Professional Fundraising Fees: $0
Other Salaries and Wages: $784,369

For more financial information, click here


Official website here: www.helpinggreyhounds.org

What is the mission statement of Fast Friends?

Fast Friends is a non-profit organization dedicated to educating the public about greyhounds and sighthounds from around the world and finding suitable homes for them. The group, which was founded in 1992, operates as a state-licensed animal shelter and is committed to enriching the lives of animals and people in the community. Fast Friends is involved in canine education and training, and provides a resource center to support local communities and greyhound and sighthound organizations worldwide. The mission of Fast Friends is to adopt out approximately 90-100 sighthounds annually, and to make a positive impact on both the animal and human population.


Official website here: www.helpinggreyhounds.org

Who is the CEO of Fast Friends?

Melissa Bassingthwaite is the President of Fast Friends.


Official website here: www.helpinggreyhounds.org

What is the revenue of Fast Friends?

Fast Friends's revenue in 2022 was $1,280,615.


Official website here: www.helpinggreyhounds.org

Who are the executives of Fast Friends and what are their salaries?

The average compensation at Fast Friends during 2022 was $14,804. There are 60 employees and 27 volunteers at Fast Friends.


Here are 10 key members and their salaries:


Sharron Thomas (President)
  • Compensation: $103,843
  • Related: $0
  • Other: $0
Melissa Bassingthwaite (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marylou Hecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Clark (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Denis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Bradley Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cotton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Capodanno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.helpinggreyhounds.org

Where can I find the form 990 for Fast Friends?

Fast Friends's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.helpinggreyhounds.org

Learn more at the official website: www.helpinggreyhounds.org

Mission Statement of Fast Friends

Fast Friends, a dedicated animal shelter and non-profit organization founded in 1992, is committed to enriching the lives of both humans and animals in their community. With a focus on greyhounds and sight hounds from around the world, Fast Friends is on a mission to educate the public about these breeds and find loving homes for them.

As a state-licensed organization, Fast Friends is deeply involved in canine education and training within their community. They provide a resource center to support local initiatives and international greyhound and sight hound organizations. Fast Friends' essential work is not only limited to adoption but also extends to the enrichment of their community members.

Fast Friends prides itself on adopting out approximately 90-100 greyhounds and sight hounds each year. Their commitment to responsible and loving placements ensures that these animals find the best possible homes. The organization's dedication to animal welfare goes beyond adoption, as they strive to make a difference in the lives of these animals and the people who care for them. Fast Friends continues to make a significant impact by promoting awareness, education, and advocacy for greyhounds and sight hounds.

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Impact




October, 2024

Fast Friends has a profound impact on both the local community and the broader network of greyhound and sight hound organizations. By educating the public about these breeds, it fosters understanding and compassion for animals that often struggle to find homes after their racing careers. The adoption of approximately 90-100 sight hounds each year not only provides a second chance for these dogs, but also enriches the lives of the families who welcome them, creating lasting bonds and mutual support.

The organization's community outreach programs further enhance its influence. Through therapeutic interactions with the greyhounds, Fast Friends contributes to the emotional well-being of individuals, promoting mental health and social connections. This initiative not only finds homes for animals in need but also engages the broader community in understanding the value of animal companionship.

Additionally, Fast Friends serves as a valuable resource center, providing education and training that empowers dog owners and enriches canine-human relationships. Its commitment to responsible pet ownership and advocacy helps secure better futures for animals and builds a more informed community. Overall, Fast Friends plays a critical role in enhancing the lives of both animals and people, creating a ripple effect of kindness and care throughout the region.




This information is meant to be a general summary of Fast Friends. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,280,615 (2022)
Expenses
$1,462,076 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13
  • Program Service Revenue: $750,776
  • Gross Receipts: $1,280,615

Assets and Liabilities:

  • Total Assets: $1,434,385
  • Total Liabilities: $2,041,995
  • Net Assets: -$607,610

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOARDING

Revenue

$324,626

DAY CARE

Revenue

$305,278

ADOPTION

Revenue

$75,150

GROOMING

Revenue

$42,402

HYDROTHERAPY

Revenue

$3,320

Organization Details

Founding Year

1992

Principal Officer

Melissa Bassingthwaite

Main Address

PO BOX 10093, SWANZEY, NH, 03446

NTEE Category

Code: D20 - Animals

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