Last Chance Corral EIN 05-0449913 Form 990 (PDF) Claim this org

Last Chance Corral FY2022 filing

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Rescues and cares for unwanted horses. For fiscal year 2022 it reported $361K in revenue, $261K in expenses, and $575K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
Athens, OH
Website
www.lastchancecorral.org
Filings
6 on file (2020–2022)
Revenue
$361KFY2022
Expenses
$261K
Net assets
$575K
People
1
Filings
6
Updates
0
More identity details & actions ⌄
EIN  05-0449913 Public charity (501(c)(3)) Athens, OH
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Rescues and cares for unwanted horses.
Leadership
Victoria Goss · Director
Money in and out
$361K revenue, $261K expenses
Bottom line
100% program efficiency
Where the money goes · FY2022
Total revenue
$361K
Pt VIII · Ln 12
Total expenses
$261K
Pt IX · Ln 25
Net assets
$575K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $101K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
23.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$361K
FY2022▲ +10%
Expenses
$261K
FY2022▼ -4%
Total assets
$575K
FY2022▲ +21%
Total liabilities
$0
FY2022
Total revenue
$361K
Pt VIII · Ln 12
Total expenses
$261K
Pt IX · Ln 25
Net assets
$575K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$101K
Total assetsPt X · Ln 16$575K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $257K of program spending, described in the organization's own filed words · FY2022.
01

To provide care, protection, placement and or humane disposal of unwanted and neglected horses as well as treatment, rehabilit- ation and placement with new owners for proper and humane treatment.

$257Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLast Chance Corral
EINHdr · item D05-0449913
Principal addressHdr · item CAthens, OH
WebsiteHdr · item Jwww.lastchancecorral.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D200)
Ruling yearIRS BMFAug 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$361K
Investment income$89
Total revenueLn 12$361K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$261K
Total functional expensesLn 25$261K

Balance Sheet

Part X · end of year
CashLn 1$519K
Total assetsLn 16$575K
Total liabilitiesLn 26$0
Total net assetsLn 32$575K
Months of cash on handcomputed23.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $519K · Operating expenses/yr $261K
23.9 months
Where the money goes
Program services
Program services $261K · Total expenses $261K
100%
Management & General
Management & general $0 · Total expenses $261K
0%
Fundraising
Fundraising $0 · Total expenses $261K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $286K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $361K · Total revenue $361K
100%
Government reliance
Government grants — · Total revenue $361K
Earned-income share
Program service revenue $0 · Total revenue $361K
0%
Investment reliance
Investment income $89 · Total revenue $361K
+0.02%
Program self-sufficiency
Program service revenue $0 · Total expenses $261K
0%
Growth & trend
Revenue growth (YoY)
This year $361K · Prior year $328K
+10%
Net-asset trend (YoY)
End of year $575K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $361K · Expenses $261K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $575K
Net-asset ratio
Net assets $575K · Total assets $575K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $575K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Victoria Goss · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $261K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $261K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$200

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$204K revenue · ⤓ 990 PDF
FY2024$220K revenue · ⤓ 990 PDF
FY2023$268K revenue · ⤓ 990 PDF
FY2022$361K revenue · viewing · ⤓ 990 PDF
FY2021$328K revenue · ⤓ 990 PDF
FY2020$170K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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