The Balam Foundation Inc

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

EIN: 861253093 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Balam Foundation Inc?

The Balam Foundation Inc, based in Miami, Florida, is a nonprofit organization committed to enhancing animal welfare, with a particular focus on cats. They carry out community events and run a dedicated Trap/Neuter/Release (TNR) program, resulting in 1,485 sterilizations for both dogs and cats. By providing free rodent control through the release of neutered cats, the foundation also benefits the local community. The Balam Foundation offers various services, including sterilization clinics, veterinary care, and adoption services, as well as transportation to new homes for adopted animals. Their mission encompasses improving the well-being of cats through these initiatives.

Is The Balam Foundation Inc legitimate?

The Balam Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Balam 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: $25,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Balam Foundation Inc?

The Balam Foundation Inc is dedicated to enhancing the well-being of animals, with a particular focus on cats. Through various initiatives, the organization provides essential services to improve the lives of these animals. These efforts include Trap/Neuter/Release programs and sterilization clinics to control the population and prevent overpopulation. The Foundation offers veterinary care and boarding services to ensure their health and well-being. Additionally, they facilitate adoptions by transporting cats to new homes, giving them a second chance at a loving environment. Impoverished families are also assisted with sterilizations for their pets, contributing to the overall animal welfare in the community.

Who is the CEO of The Balam Foundation Inc?

Phaedra A Barratt is the President of The Balam Foundation Inc.

What is the revenue of The Balam Foundation Inc?

The Balam Foundation Inc's revenue in 2022 was $221,718.

Who are the executives of The Balam Foundation Inc and what are their salaries?

The average compensation at The Balam Foundation Inc during 2022 was $25,988. There is 1 employee at The Balam Foundation Inc.


There is 1 key member and their salary:


Phaedra Barratt (President)
  • Compensation: $25,988
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Balam Foundation Inc?

The Balam Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Balam Foundation Inc

The Balam Foundation Inc, a dedicated nonprofit organization, is committed to enhancing the lives of animals, with a particular focus on felines. Through a range of initiatives, The Balam Foundation aims to promote the well-being of cats in the community.

The organization's efforts are multifaceted, encompassing Trap/Neuter/Release (TNR) programs and sterilization clinics. These services help control the population of stray and feral cats, ensuring their health while offering an effective and humane solution for rodent control. In addition to these efforts, The Balam Foundation provides veterinary care and boarding services for cats in need.

Moreover, the nonprofit organization offers adoption services, ensuring that cats find loving homes. This includes transportation to their new environments, offering a seamless transition for the animals. The Balam Foundation extends its reach to impoverished families, providing assistance with the sterilization of their dogs and cats. By doing so, it not only contributes to the well-being of the animals but also aids in the betterment of their owners' living conditions. With a strong focus on animal welfare, The Balam Foundation Inc continues to make a significant difference in the lives of cats and their communities.

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Impact




October, 2024

The Balam Foundation Inc significantly enhances the well-being of animals, particularly cats, through a range of impactful initiatives in Miami, FL. By implementing comprehensive Trap/Neuter/Release (TNR) programs, the foundation has successfully sterilized 1,485 animals, including both cats and dogs, to help control the local population and reduce the number of strays. These sterilization efforts not only prevent overpopulation but also enable released cats to contribute positively to the community by providing free rodent control.

Moreover, the foundation plays a crucial role in supporting impoverished families by offering sterilization services for their pets, ensuring that more animals are cared for responsibly. Through its veterinary care, boarding facilities, and adoption services—complete with transportation to new homes—the Balam Foundation fosters a compassionate approach to animal welfare. By addressing the needs of both feral and pet populations, the foundation promotes a healthier environment and improves the quality of life for animals and their communities.




This information is meant to be a general summary of The Balam 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.

Revenue
$221,718 (2022)
Expenses
$167,313 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $221,718

Assets and Liabilities:

  • Total Assets: $100,509
  • Total Liabilities: $457
  • Net Assets: $100,052

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Organization Details

Founding Year

2021

Principal Officer

Phaedra A Barratt

Main Address

2520 Coral Way, Miami, FL, 33145

NTEE Category

Code: D30 - Animals

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