Ivar And Ruth Anderson Anti Cruelty Trust is located in Elgin, IL. The organization was established in 1992. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivar And Ruth Anderson Anti Cruelty Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ivar And Ruth Anderson Anti Cruelty Trust generated $127.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $485.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS WERE MADE TO SUPPORT ANDERSON ANIMAL SHELTER, A TAX-EXEMPT 501(C)(3) ORGANIZATION WHICH PROVIDES SHELTER AND CARE FOR STRAY AND ABANDONED ANIMALS AND CONDUCTS PROGRAMS FOR THE PUBILC ON HUMANE CARE AND TRAINING FOR ANIMALS.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $51,745 |
| Dividends & Interest | $80,488 |
| Net Rental Income | -$21,003 |
| Net Gain on Sale of Assets | -$36,896 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $127,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,798 |
| Depreciation | $10,128 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,073 |
| Total operating and administrative expenses | $135,188 |
| Contributions, gifts, grants paid | $350,000 |
| Total expenses and disbursements | $485,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,841 |
| Savings and temporary cash investments | $155,485 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $1,549,630 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,208,400 |
| Total assets | $5,029,356 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |