Overview
What is Mid-South Greyhound Adoption Option Inc?
Mid-South Greyhound Adoption Option Inc is a nonprofit organization dedicated to the care and adoption of retired racing greyhounds in Arkansas. Their primary mission is to provide a shelter and permanent homes for these dogs through adoption. They placed 228 greyhounds into loving homes and collaborated with other adoption groups during the year 2022. Their expenses consist of essentials such as dog food and kennel supplies, amounting to $16,016, and veterinarian services costing $105,696.
Official website here: www.msgao.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)
Mid-South Greyhound Adoption Option Inc has received a low overall score of 36%, leading to a Zero-Star rating on Charity Navigator. The organization's accountability and finance score is highlighted as the sole contributing factor to this score, indicating significant concerns in various operational areas.
Strengths of the nonprofit include a fully independent board, with 100% independent members and a total of seven members, demonstrating a commitment to governance. Additionally, there are no reported material diversions of assets, and meeting minutes are documented and available, reflecting some transparency in operations. However, these strengths are overshadowed by critical weaknesses.
Limitations include the absence of essential policies, such as a conflict of interest policy, a whistleblower policy, and document retention and destruction guidelines. Furthermore, the organization scored poorly in terms of financial metrics, with a program expense ratio of only 24.96%, highlighting concerns over resource allocation towards its mission. Additionally, the tax form was not posted on its website, further indicating transparency issues.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-South Greyhound Adoption Option Inc legitimate?
Mid-South Greyhound Adoption Option Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-South Greyhound Adoption Option 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: $48,767
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,970
For more financial information, click here
Official website here: www.msgao.com
What is the mission statement of Mid-South Greyhound Adoption Option Inc?
Mid-South Greyhound Adoption Option Inc is dedicated to providing shelter and care for retired racing greyhounds with the ultimate goal of finding them permanent homes. Their mission is to solicit and manage contributions from the public to further this goal. In 2022, they successfully placed 228 greyhounds into loving homes and with other adoption groups. Their expenses include the cost of dog food and kennel supplies, amounting to $16,016, and veterinary services, totaling $105,696.
Official website here: www.msgao.com
Who is the CEO of Mid-South Greyhound Adoption Option Inc?
Ric Chetter is the President of Mid-South Greyhound Adoption Option Inc.
Official website here: www.msgao.com
What is the revenue of Mid-South Greyhound Adoption Option Inc?
Mid-South Greyhound Adoption Option Inc's revenue in 2022 was $229,923.
Official website here: www.msgao.com
Who are the executives of Mid-South Greyhound Adoption Option Inc and what are their salaries?
There 30 volunteers at Mid-South Greyhound Adoption Option Inc.
Here are 8 key members and their salaries:
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Official website here: www.msgao.com
Where can I find the form 990 for Mid-South Greyhound Adoption Option Inc?
Mid-South Greyhound Adoption Option Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msgao.com
Learn more at the official website: www.msgao.com
Mission Statement of Mid-South Greyhound Adoption Option Inc
Mid-South Greyhound Adoption Option Inc, a dedicated nonprofit organization, is committed to providing shelter and care for retired racing greyhounds with the ultimate goal of finding them loving and permanent homes. Established with the mission to solicit, accept, and administer contributions from the public to further its cause, the organization strives to make a difference in the lives of these gentle canines.
Through its compassionate efforts, Mid-South Greyhound Adoption Option Inc successfully placed an impressive 228 greyhounds into loving homes and with other greyhound adoption groups during the previous year. The organization's unwavering dedication to the welfare of these animals is reflected in the substantial expenses they incurred to ensure their well-being. These expenses include essentials such as dog food and kennel supplies, totaling 16,016, and vital veterinarian services, amounting to 105,696.
The mission of Mid-South Greyhound Adoption Option Inc extends beyond providing temporary shelter for greyhounds. They are deeply invested in finding these dogs the best possible forever homes, ensuring their continued happiness and well-being. By accepting donations from the public, the organization is able to continue its vital work and continue making a positive impact on the lives of retired racing greyhounds.
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Impact
October, 2024
Mid-South Greyhound Adoption Option Inc has a significant impact on the lives of retired racing greyhounds by providing shelter, care, and a pathway to permanent homes. In 2022 alone, the organization successfully placed 228 greyhounds in loving households, ensuring these dogs transition from their racing backgrounds to fulfilling lives as family pets.
The resources allocated to this mission reflect the commitment to animal welfare, with expenses of over $105,000 dedicated to veterinary services and approximately $16,000 for essential supplies like food and kennel materials. By actively engaging with the community and fostering a network of care for these animals, Mid-South Greyhound Adoption Option Inc not only serves the needs of the dogs but also promotes awareness and compassion for retired racing greyhounds. Their work emphasizes the importance of responsible pet ownership and the joy that comes from adopting a greyhound in need.
This information is meant to be a general summary of Mid-South Greyhound Adoption Option 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: -$69,764
- Program Service Revenue: $97,999
- Gross Receipts: $598,777
Assets and Liabilities:
- Total Assets: $442,686
- Total Liabilities: $0
- Net Assets: $442,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GREYHOUND ADOPTION FEE
Revenue
$63,340
BOARDING FEES
Revenue
$34,659
Organization Details
Founding Year
1991
Phone
(870) 735-5317Principal Officer
Ric Chetter
Main Address
PO BOX 1024, WEST MEMPHIS, AR, 72303
Website
www.msgao.comNTEE Category
Code: D200 - Animals
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