Overview
What is Kato Foundation Inc?
The Kato Foundation is a compassionate nonprofit organization based in Alamogordo, New Mexico. They are dedicated to rescuing cats in need and providing them with a new home through their animal protection and welfare programs. The foundation's primary mission is to ensure the wellbeing of felines by offering adoption services. By taking in cats and finding them loving forever homes, the Kato Foundation makes a significant difference in the lives of these animals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating.
The Kato Foundation Inc has received a moderate rating of 74% from Charity Navigator, indicating some strengths in accountability and financial management, but also revealing areas for improvement. The organization boasts a high program expense ratio of 96.27%, suggesting that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the foundation has no material diversion of assets and maintains policies for conflict of interest, whistleblower protections, and document retention.
However, the foundation's governance raises concerns, as only 33% of its board members are independent, and there is just one independent board member overall. The absence of a website listed on its tax form and the lack of transparency regarding the posting of its tax form on its website, both scoring zero points, are notable limitations. These factors may affect the organization's perceived accountability and transparency among stakeholders and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Kato Foundation Inc legitimate?
Kato Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kato Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,025
For more financial information, click here
What is the mission statement of Kato Foundation Inc?
The Kato Foundation is dedicated to the rescue and adoption of cats through its animal welfare programs. Based on the information provided, its mission is focused on improving the lives of felines in need. The foundation's efforts extend beyond rescue, as it also offers adoption services to find loving homes for these cats. Through its commitment to animal protection, the Kato Foundation aims to make a positive impact on the feline population.
Who is the CEO of Kato Foundation Inc?
Ed Denton is the Treasurer of Kato Foundation Inc. The CEO's salary of Kato Foundation Inc is $0 and their total compensation is $0.
What is the revenue of Kato Foundation Inc?
Kato Foundation Inc's revenue in 2022 was $96,195.
Who are the executives of Kato Foundation Inc and what are their salaries?
The average compensation at Kato Foundation Inc during 2022 was $3,718. There are 7 employees and 20 volunteers at Kato Foundation Inc.
Here are 3 key members and their salaries (Kato Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kato Foundation Inc?
Kato Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kato Foundation Inc
The Kato Foundation, a dedicated nonprofit organization, is on a mission to save and rehome felines in need. Based on the information provided, it is clear that the organization prioritizes the welfare and protection of cats through its animal rescue and adoption programs.
At the heart of the Kato Foundation's mission lies the rescue of cats from various circumstances and providing them with a new lease on life through adoption. By implementing its animal protection and welfare initiatives, the organization ensures that cats in need receive the care and support they deserve.
The Kato Foundation's commitment to its cause goes beyond just rescue and adoption. The organization plays a crucial role in the overall well-being of felines by offering adoption services, allowing them to find loving and forever homes. Through these efforts, the Kato Foundation offers a second chance to cats in need, giving them the opportunity to thrive and live happy, fulfilled lives.
In summary, the Kato Foundation is a compassionate and caring organization that is dedicated to rescuing cats and providing them with adoption services. By focusing on the protection and welfare of cats, the Kato Foundation offers hope and a new beginning to these wonderful creatures, transforming their lives for the better.
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Impact
October, 2024
Kato Foundation Inc significantly impacts the lives of cats in Alamogordo, NM, by rescuing them from challenging situations and offering adoption services to ensure they find loving homes. Through its dedicated animal protection and welfare programs, the foundation addresses the plight of homeless and abandoned cats, providing them with a second chance at life. This commitment not only reduces the number of stray and neglected cats in the community but also fosters responsible pet ownership and animal welfare awareness among residents. By prioritizing the care and well-being of these animals, the Kato Foundation creates a more compassionate environment for both the cats and the community at large.
This information is meant to be a general summary of Kato Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $84
- Gross Receipts: $96,195
Assets and Liabilities:
- Total Assets: $177,846
- Total Liabilities: $0
- Net Assets: $177,846
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Organization Details
Founding Year
2005
Principal Officer
Ed Denton
Main Address
56 DANLEY RANCH ROAD, ALAMOGORDO, NM, 88310
NTEE Category
Code: D20 - Animals
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