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Dogsinvests Inc

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

EIN: 822974716 ✦ Palmyra, WI ✦ Designated as a 501(c)(3)

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Overview

What is Dogsinvests Inc?

Dogsinvests Inc is a nonprofit organization situated in Palmyra, Wisconsin, specializing in training service dogs for individuals with autism. The organization procures, nurtures, and educates these dogs, aiming to place them with their intended recipients at minimal or no cost. As of 2022, six service dogs, including Evie, George, Harvey, Indigo, Jade, and Kevin, were in training. One of these dogs, Daisy, was successfully placed with a recipient in August 2022. The organization anticipates working with four more recipients in 2023. Dogsinvests Inc's main objective is to establish a strong bond between the service dogs and their recipients through weekly meetings and training sessions, ensuring a successful placement that lasts for about a year. The organization is committed to the ongoing education and well-being of both the dogs and their recipients, fostering a long-term investment in the lives of underserved individuals with disabilities in southeastern Wisconsin.


Official website here: www.dogsinvests.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.

Dogsinvests Inc has received a low rating due to its poor performance in accountability and finance, with a score of 43%. While the organization benefits from an independent board and has no material diversion of assets, it struggles with financial metrics, including a high liabilities-to-assets ratio and a low program expense ratio, indicating a significant portion of its resources may not be going towards its programs.

The organization does have strengths, such as maintaining an independent board with full compliance in essential governance policies, including a conflict of interest policy and having board meeting minutes documented. However, the absence of a whistleblower policy and missing documentation related to retention and destruction limits its accountability framework. Additionally, the overall financial health and efficiency in utilizing funds for its mission appear to be areas needing significant improvement.

In summary, while Dogsinvests Inc demonstrates some good governance practices, the financial aspects are a concern that affects its operational effectiveness. Potential donors may want to consider these factors carefully before contributing.


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

Is Dogsinvests Inc legitimate?

Dogsinvests Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dogsinvests 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: $65,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.dogsinvests.org

What is the mission statement of Dogsinvests Inc?

Dogs In Vests, an organization dedicated to assisting individuals with special needs, has a mission to train service dogs and pair them with suitable patients. Their primary objective is to provide ongoing education for both the dogs and the patients to ensure successful placements. They strive to establish long-term invested relationships with the dogs, patients, and the organization, aiming for positive outcomes for underserved Americans with disabilities. The organization provides service dogs at little to no cost to the recipients and their families, and in 2022, they had six dogs in training, with one approved recipient and expectations of adding four more in 2023. Weekly training sessions are conducted with recipients to facilitate a strong bond between the dog and the patient before placement.


Official website here: www.dogsinvests.org

What is the revenue of Dogsinvests Inc?

Dogsinvests Inc's revenue in 2023 was $171,370.


Official website here: www.dogsinvests.org

Who are the executives of Dogsinvests Inc and what are their salaries?

The average compensation at Dogsinvests Inc during 2023 was $65,748. There is 1 employee and 25 volunteers at Dogsinvests Inc.

Here are 5 key members and their salaries:


Meghan Koscak (Administrative Director)
  • Compensation: $59,769
  • Related: $0
  • Other: $0
Paul Holt (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Holt (Director Of Advancement)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Fredericks (Director Of Client Relations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Svang (Director Of Animal Health)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dogsinvests.org

Where can I find the form 990 for Dogsinvests Inc?

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


Official website here: www.dogsinvests.org

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

Mission Statement of Dogsinvests Inc

Dogsinvests Inc, a nonprofit organization, is committed to a noble mission. Their primary objective is to train and pair service dogs with individuals who have various special needs. The organization's dedication extends beyond the initial placement, as they provide ongoing education for both the dogs and their recipients to ensure the best possible outcomes. Dogsinvests Inc aims to establish a long-term invested relationship with the dogs, patients, and themselves, striving for positive outcomes for underserved Americans with disabilities in southeastern Wisconsin.

The heart of Dogsinvests Inc's mission lies in its service dog training program. The organization purchases, cares for, and trains dogs to be placed with autistic individuals at minimal cost to the recipients and their families. They ended 2022 with six dogs in training, including Evie, George, Harvey, Indigo, Jade, and Kevin. One of these dogs, Daisy, graduated in August 2022. Due to the different stages of training and ages of the dogs, Dogsinvests Inc worked with one approved recipient in 2022 and anticipates adding four more in 2023. The organization schedules weekly training sessions with each recipient to facilitate bonding for about a year before the dog is placed with the recipient. This approach ensures a strong bond between the dog and its new family, enhancing their quality of life and providing much-needed support.

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Impact




August, 2024

Dogsinvests Inc's impact is significant in providing service dogs to individuals with special needs, particularly autistic patients, in southeastern Wisconsin. The organization purchases, cares for, and trains service dogs to be paired with recipients at little to no cost to them and their families. In 2022, they had six dogs in training, with one graduating and one recipient approved for placement. The organization focuses on forming long-term relationships between the dogs, patients, and the organization to ensure positive outcomes for underserved Americans with disabilities. Their dedication to ongoing education and training for both the dogs and patients contributes to the success of their placements and the well-being of those they serve.




This information is meant to be a general summary of Dogsinvests 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
$171,370 (2023)
Expenses
$153,720 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$11,428
  • Gross Receipts: $171,370

Assets and Liabilities:

  • Total Assets: $39,617
  • Total Liabilities: $3,264
  • Net Assets: $36,353

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Organization Details

Founding Year

2017

Principal Officer

Paul Holt

NTEE Category

Code: P86 - Human services

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