Greyhound Adoption Center
- Assets
- $118.7k
- Revenue
- $59.9k
- Investments
- $0.0
- Employees
- 0
- Location
- La Mesa, CA
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 95-4132021
Organization Overview
Greyhound Adoption Center is located in La Mesa, CA. The organization was established in 1999. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, 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. Greyhound Adoption Center 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, Greyhound Adoption Center generated $59.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $692.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO FIND LOVING HOMES FOR RESCUED DOGS, MOSTLY RACETRACK GREYHOUNDS, BUT ALSO NON-RACERS AND GREYHOUND MIXES. OUR GOAL IS TO SAVE AS MANY DOGS AS WE CAN WHILE MAINTAINING A QUALITY PROGRAM FOCUSED ON EACH INDIVIDUAL DOG AND PROSPECTIVE ADOPTERS' NEEDS. TO THIS END, WE SERVE AS ADVOCATES FOR EACH PERSON ADOPTING AND EACH DOG WELCOMED INTO THEIR HOME AS FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHELTER AND ADOPTION PROGRAM: GAC SAVES DOGS DISCARDED BY THE GREYHOUND RACING INDUSTRY FOR THE PAST 30 YEARS. THIS WORK WAS TRANSFERRED TO SAN DIEGO HUMANE SOCIETY IN FEBRUARY 2023 WHEN CASH, REAL PROPERTY, AND ALL OTHER FIXED ASSETS USED IN GAC'S OPERATIONS WERE TRANSFERRED TO THIS NONPROFIT ORGANIZATION TO PROVIDE MEDICAL CARE AND SHELTER FOR GREYHOUNDS FOR ONE YEAR AFTER THE CALIENTE, MEXICO GREYHOUND RACETRACK CLOSES. ANY OF GAC'S TRANSFERRED ASSETS REMAINING AFTER THIS DATE MAY BE USED FOR SAN DIEGO HUMANE SOCIETY'S OPERATIONS. IN FEBRUARY 2023, 290,000 IN CASH, AND 332,490 IN FIXED ASSETS WERE TRANSFERRED TO SAN DIEGO HUMANE SOCIETY AS GAC CONTINUES TO CLOSE OPERATIONS. GAC IS ANTICIPATED TO FILE ITS FINAL 990 FOR ANY REMAINING ASSET DISTRIBUTIONS COMPLETED IN 2024 NEXT YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Rigg President | OfficerTrustee | 1 | $0 |
Kathleen Johnson Vice Preside | OfficerTrustee | 1 | $0 |
David Cohen Secretary | OfficerTrustee | 1 | $0 |
Serge Theroux Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $649 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,391 |
| Total Program Service Revenue | $0 |
| Investment income | $34 |
| 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 | $59,927 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $622,490 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15 |
| Fees for services: Accounting | $46,656 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,984 |
| Information technology | $6,486 |
| Royalties | $0 |
| Occupancy | $218 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,924 |
| Insurance | $2,904 |
| All other expenses | $75 |
| Total functional expenses | $692,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,070 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $337 |
| 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 | $1,244 |
| 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 | $118,651 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $118,651 |
| Net assets with donor restrictions | $0 |
| 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 | $118,651 |
Grants Awarded
Over the last fiscal year, Greyhound Adoption Center has awarded $208,744 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GREYHOUND FRIENDS FOR LIFE PURPOSE: SHELTER GREYHOUNDS | $113,744 |
GREY SAVE PURPOSE: SHELTER GREYHOUNDS | $30,000 |
FAST FRIENDS GREYHOUNDADOPTION OF CALIFORNIA INC PURPOSE: SHELTER GREYHOUNDS | $30,000 |
SAN DIEGO HUMANE SOCIETY PURPOSE: SHELTER GREYHOUNDS | $10,000 |
OPERATION GREYHOUND PURPOSE: SHELTER GREYHOUNDS | $25,000 |