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Animal Rescue Fund Inc

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

EIN: 300628864 ✦ Altamonte springs, FL ✦ Designated as a 501(c)(3)

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Overview

What is Animal Rescue Fund Inc?

Animal Rescue Fund Inc is a nonprofit organization based in Altamonte Springs, Florida, with an address at 1140 E Altamonte Drive. Their primary mission revolves around providing financial support for eligible animal foundations and charities in the area. The organization raises funds through the sales at their thrift store. With a team of six dedicated employees, Animal Rescue Fund Inc is committed to improving the lives of rescue animals by granting essential financial resources.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Animal Rescue Fund Inc has received a two-star rating from Charity Navigator, indicating areas that require attention despite a strong accountability and finance score of 100%. The organization demonstrates a solid commitment to its mission, evidenced by a high program expense ratio of 90.27%, suggesting that most of its funds are directed towards programs rather than administrative costs.

However, the nonprofit faces significant challenges in governance and transparency. With a lack of an independent board size and various policies such as conflict of interest and whistleblower protections missing, these shortcomings may affect public trust and operational integrity. The absence of necessary documents on their website further highlights the need for improvement in transparency practices.

Overall, while the organization excels in financial management, it must address governance and policy issues to enhance its credibility and effectiveness in serving its mission. Stakeholders and potential donors should consider these factors when evaluating their support for the nonprofit.


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

Is Animal Rescue Fund Inc legitimate?

Animal Rescue Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Animal Rescue Fund 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: $99,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,970

For more financial information, click here

What is the mission statement of Animal Rescue Fund Inc?

Animal Rescue Fund Inc is a charitable organization dedicated to supporting rescue animals by granting funds to eligible animal foundations and charities. In line with its mission, the organization raises funds through the sales of items at its thrift store. These proceeds are then allocated to animal rescue initiatives in various communities. Animal Rescue Fund Inc's commitment extends beyond financial aid as it strives to improve the lives of these animals by providing essential care and resources that sustain their well-being. Through these efforts, the organization plays a vital role in ensuring that rescue animals receive the help they need to thrive.

Who is the CEO of Animal Rescue Fund Inc?

Matthew Lamariana is the President of Animal Rescue Fund Inc.

What is the revenue of Animal Rescue Fund Inc?

Animal Rescue Fund Inc's revenue in 2023 was $428,179.

Who are the executives of Animal Rescue Fund Inc and what are their salaries?

The average compensation at Animal Rescue Fund Inc during 2023 was $30,336. There are 6 employees at Animal Rescue Fund Inc.


Here are 2 key members and their salaries:


Matthew Lamariana (President)
  • Compensation: $60,308
  • Related: $0
  • Other: $0
Steven Morrall (Vice President)
  • Compensation: $38,740
  • Related: $0
  • Other: $0
Where can I find the form 990 for Animal Rescue Fund Inc?

Animal Rescue Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Animal Rescue Fund Inc

Animal Rescue Fund Inc, a renowned nonprofit organization, is dedicated to supporting the care of rescue animals by granting funds to eligible animal foundations and charities. The mission of this compassionate group is multifaceted, focusing primarily on providing essential financial assistance to various animal welfare organizations.

Through their impactful efforts, Animal Rescue Fund Inc plays a pivotal role in improving the lives of countless rescue animals in need. By allocating resources to these organizations, they ensure that they have the means to provide adequate food, shelter, medical attention, and other vital necessities for animals that have been abandoned or mistreated.

The primary source of funding for Animal Rescue Fund Inc comes from the sales of items at their thrift store. The proceeds generated from these sales are carefully channeled towards the support of deserving animal welfare groups. With each purchase made at their thrift store, shoppers can take pride in knowing that they are contributing to a worthy cause that makes a real difference in the lives of rescue animals.

Animal Rescue Fund Inc's unwavering commitment to animal welfare is evident in their relentless pursuit to grant funds to as many eligible foundations and charities as possible. Their goal is to extend a helping hand to those organizations that are working tirelessly to provide refuge, rehabilitation, and care to animals in need. By empowering these groups with the financial resources they require, Animal Rescue Fund Inc is making a significant impact on the lives of countless rescued animals across the community.

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Impact




October, 2024

Animal Rescue Fund Inc makes a significant impact by providing vital financial support for the care of rescue animals. Through its operation of a thrift store, it generates income that is allocated as grants to eligible animal foundations and charities. This funding helps local organizations in Altamonte Springs, FL, enhance their efforts in rescuing and rehabilitating animals in need. By supporting these initiatives, the Animal Rescue Fund Inc plays a crucial role in improving the well-being of countless animals and promoting responsible animal care in the community.




This information is meant to be a general summary of Animal Rescue Fund 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.

Revenue
$428,179 (2023)
Expenses
$367,511 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $22,000
  • Gross Receipts: $447,484

Assets and Liabilities:

  • Total Assets: $319,869
  • Total Liabilities: $16,101
  • Net Assets: $303,768

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Organization Details

Founding Year

2010

Principal Officer

Matthew Lamariana

Main Address

1140 E ALTAMONTE DRIVE, ALTAMONTE SPRINGS, FL, 32701

NTEE Category

Code: D20 - Animals

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