Friends Of The Zoo Inc
- Assets
- $4.7m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 117
- Location
- Chattanooga, TN
- Founding
- 02/1986
- Data as of
- 06/2022
- EIN
- 58-1661267
Organization Overview
Friends Of The Zoo Inc is located in Chattanooga, TN. The organization was established in 1986. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. As of 06/2022, Friends Of The Zoo Inc employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Zoo Inc 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 06/2022, Friends Of The Zoo Inc generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $4.3m during the year ending 06/2022. While expenses have increased by 6.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT OPERATIONS OF CHATTANOOGA ZOO
Describe the Organization's Program Activity:
SUPPORTED OPERATIONS OF A ZOO FOR THE EDUCATION AND ENJOYMENT OF INDIVIDUALS LIVING IN AND VISITING CHATTANOOGA, TENNESSEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darde Long Zoo Director | Trustee | 40 | $84,984 |
Tom Eddy Board Of Director | Trustee | 1 | $0 |
Beverly Coulter Board Of Director | Trustee | 1 | $0 |
Bob Stewart Vice President | Trustee | 1 | $0 |
Arie Veltenaar Board Of Director | Trustee | 1 | $0 |
Jay Robinson Board Of Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,465,276 |
| All other contributions, gifts, grants, and similar amounts not included above | $927,909 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,393,185 |
| Total Program Service Revenue | $3,969,659 |
| Investment income | $1,518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,364,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,984 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,778,725 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $135,400 |
| Fees for services: Management | $15,538 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $111,537 |
| Office expenses | $0 |
| Information technology | $54 |
| Royalties | $0 |
| Occupancy | $123,275 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $337 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $197,218 |
| All other expenses | $466,371 |
| Total functional expenses | $4,323,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,576,390 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $27,176 |
| Accounts receivable, net | $104,444 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,466 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,728,476 |
| Accounts payable and accrued expenses | $139,228 |
| Grants payable | $0 |
| Deferred revenue | $232,609 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $29,254 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $401,091 |
| Net assets without donor restrictions | $3,505,697 |
| Net assets with donor restrictions | $821,688 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,728,476 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Friends Of The Zoo Inc has recieved totaling $115,276.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: UNRESTRICTED | $50,000 |
Greater Chattanooga Sports & Events Commitee Chattanooga, TN PURPOSE: SUPPORT | $25,000 |
Miller Family Foundation Inc Alpharetta, GA PURPOSE: GENERAL | $25,000 |
Lillian L Colby Charitable Foundation Chattanooga, TN PURPOSE: HAMILTON CTY TITLE 1 | $8,000 |
Chattanooga Christian Community Foundation Chattanooga, TN PURPOSE: IN FURTHERANCE OF FOUNDATION'S PURPOSES | $6,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Saint Louis Zoo Foundation Saint Louis, MO | $186,470,677 | $57,800,595 |
Mississippi Aquarium Foundation Gulfport, MS | $5,035,240 | $120,872 |
The Dian Fossey Gorilla Fund International Atlanta, GA | $34,853,425 | $8,191,894 |
The North Carolina Aquarium Society Raleigh, NC | $35,588,401 | $10,422,765 |
Tennessee Wildlife Resources Foundation Inc Nashville, TN | $51,857,407 | $2,391,407 |
Friends Of The Zoo Inc Chattanooga, TN | $4,728,476 | $6,364,362 |
Paws Humane Inc Columbus, GA | $9,312,790 | $2,921,124 |
Birdsong Charitable Foundation Inc Suffolk, VA | $8,235,918 | $1,734,283 |
Georgia Aquarium Foundation Inc Atlanta, GA | $71,825,615 | $6,050,542 |
Arkansas Game & Fish Foundation Little Rock, AR | $5,333,651 | $2,036,180 |
Abbotsford Wildlife Foundation Inc Dalton, GA | $0 | $487,462 |
Thoroughbred Charities Of America Inc Lexington, KY | $1,465,431 | $1,222,908 |