Overview
What is Rags 2 Riches Animal Rescue?
Rags 2 Riches Animal Rescue is a dedicated nonprofit organization that saves animals and ensures their well-being through a variety of programs. They have successfully treated and rehomed over a thousand dogs, providing them with loving new families. This noble organization's primary mission revolves around animal rescue.
Official website here: www.rags2riches.web.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating) from Charity Navigator.
Rags 2 Riches Animal Rescue has earned a solid Three-Star rating, reflecting a score of 76%. This rating is derived solely from their Accountability & Finance metrics, showcasing a strong commitment to financial transparency and organizational integrity. With a 100% independent board and no material diversion of assets, the organization demonstrates effective governance.
The nonprofit excels in various financial aspects, including a perfect program expense ratio of 100%, indicating that all funds are directed towards its mission. Additionally, the organization maintains a favorable liabilities to assets ratio of 0.00%, highlighting its financial stability. The documentation of board meeting minutes and the listing of its website on tax forms further enhance its accountability.
While the rating is commendable, it is important to note that this score is based entirely on financial metrics, and no additional programmatic impact or community feedback is reflected in the assessment. Users may want to consider seeking more qualitative information about the organization's operational effectiveness and impact on animal welfare.
This AI summary has been generated from information found on Charity Navigator.
Is Rags 2 Riches Animal Rescue legitimate?
Rags 2 Riches Animal Rescue is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rags 2 Riches Animal Rescue 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: $0
For more financial information, click here
Official website here: www.rags2riches.web.com
What is the mission statement of Rags 2 Riches Animal Rescue?
Rags 2 Riches Animal Rescue is dedicated to the wellbeing of animals, with a focus on rescuing and providing them with new homes. Through various programs, they have successfully treated and rehomed over a thousand dogs. Their mission goes beyond just animal rescue, as they prioritize the welfare of each rescued animal throughout the process. Their efforts contribute significantly to the health and happiness of numerous dogs in need.
Official website here: www.rags2riches.web.com
Who is the CEO of Rags 2 Riches Animal Rescue?
Letisha Mayo is the President of Rags 2 Riches Animal Rescue.
Official website here: www.rags2riches.web.com
What is the revenue of Rags 2 Riches Animal Rescue?
Rags 2 Riches Animal Rescue's revenue in 2022 was $343,303.
Official website here: www.rags2riches.web.com
Who are the executives of Rags 2 Riches Animal Rescue and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rags2riches.web.com
Where can I find the form 990 for Rags 2 Riches Animal Rescue?
Rags 2 Riches Animal Rescue's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rags2riches.web.com
Learn more at the official website: www.rags2riches.web.com
Mission Statement of Rags 2 Riches Animal Rescue
Rags 2 Riches Animal Rescue, a dedicated organization, is committed to rescuing animals and ensuring their well-being. Through various programs, this nonprofit has successfully treated and found new homes for over a thousand dogs. In doing so, Rags 2 Riches Animal Rescue not only saves lives but also provides these animals with the opportunity to thrive in loving homes.
The mission of Rags 2 Riches Animal Rescue extends beyond just rescue. By taking in animals in need and providing them with necessary medical treatment, the organization ensures each animal is at its best before being placed into a new family. The ultimate goal is to give these dogs a second chance at life, transforming their ragged beginnings into riches.
Rags 2 Riches Animal Rescue is more than just a rescue organization. It is a beacon of hope for animals in need, offering them a renewed sense of purpose and a chance at a better life. With a deep sense of compassion and an unwavering commitment to animal welfare, Rags 2 Riches Animal Rescue continues to make a significant impact, one animal at a time.
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Impact
October, 2024
Rags 2 Riches Animal Rescue significantly impacts the lives of animals and their future families in Garnet Valley, PA. By rescuing and providing care for animals in need, the organization has successfully treated and placed over 1,000 dogs with loving new families. These efforts not only improve the welfare of these animals but also foster a sense of community and compassion among those who adopt and engage with the rescue. Through various programs focused on animal welfare, Rags 2 Riches is dedicated to ensuring that both animals and people can experience the joy and companionship that comes from responsible pet ownership.
This information is meant to be a general summary of Rags 2 Riches Animal Rescue. 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.
- Gross Receipts: $343,303
Assets and Liabilities:
- Total Assets: $146,620
- Total Liabilities: $0
- Net Assets: $146,620
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Organization Details
Founding Year
2017
Principal Officer
Letisha Mayo
Main Address
1440 CONCHESTER HWY SUITE C12, Garnet Valley, PA, 19060
Website
www.rags2riches.web.comNTEE Category
Code: D20 - Animals
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