Chance at Life Cat Rescue EIN 27-2148730

Chance at Life Cat Rescue

EIN  27-2148730 Public charity (501(c)(3)) River Edge, NJ
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Rescues, cares for, and finds homes for homeless cats through education and kindness.
Leadership
Kim Burns · Trustee
Money in and out
$43K revenue, $37K expenses
Bottom line
72% program efficiency

Rescues, cares for, and finds homes for homeless cats through education and kindness. For fiscal year 2025 it reported $43K in revenue, $37K in expenses, and $12K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$43K
Pt VIII · Ln 12
Total expenses
$37K
Pt IX · Ln 25
Net assets
$12K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.21 Fundraising $0.07
Program efficiency
72%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
5.2mo
months of highly liquid reserves at operating expense rate▲ +86% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +564% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$43K
FY2025▼ -1%
Expenses
$37K
FY2025▼ -14%
Total assets
$17K
FY2025▲ +55%
Total liabilities
$5K
FY2025▼ -1%
Total revenue
$43K
Pt VIII · Ln 12
Total expenses
$37K
Pt IX · Ln 25
Net assets
$12K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$17K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $24K of program spending, described in the organization's own filed words · FY2024.
01

Veterinary services

$9Kprogram expense
02

Feeding of cats

$8Kprogram expense
03

Medical supplies for cats

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChance at Life Cat Rescue
EINHdr · item D27-2148730
Principal addressHdr · item CRiver Edge, NJ
WebsiteHdr · item Jchanceatlifecatrescue.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D30)
Ruling yearIRS BMFApr 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
President/Tr
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$31K · 70%
Program service revenue$13K · 30%
Contributions & grants70%$31K
Program service revenue30%$13K
Total revenueLn 12$43K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.21 Fundraising $0.07
Program services72%$27K
Management & general21%$8K
Fundraising7%$3K
Total functional expensesLn 25$37K

Balance Sheet

Part X · end of year
CashLn 1$16K
Total assetsLn 16$17K
Total liabilitiesLn 26$5K
Total net assetsLn 32$12K
Months of cash on handcomputed5.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $16K · Operating expenses/yr $37K
5.2 months
Where the money goes
Program services
Program services $27K · Total expenses $37K
72%
Management & General
Management & general $8K · Total expenses $37K
21%
Fundraising
Fundraising $3K · Total expenses $37K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $30K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $31K · Total revenue $43K
70%
Government reliance
Government grants — · Total revenue $43K
Earned-income share
Program service revenue $13K · Total revenue $43K
30%
Investment reliance
Investment income $0 · Total revenue $43K
0%
Program self-sufficiency
Program service revenue $13K · Total expenses $37K
35%
Growth & trend
Revenue growth (YoY)
This year $43K · Prior year $44K
-1%
Revenue CAGR
FY2020 $52K · FY2024 $43K
-4%
Net-asset trend (YoY)
End of year $12K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $43K · Expenses $37K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $17K
Net-asset ratio
Net assets $12K · Total assets $17K
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $17K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kim Burns · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $37K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $37K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 21%
Fundraising cost ratio 8%
Revenue growth -1%
Accounting fee ratio 2%

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 · FY2024
Total grants receivedfrom 2 funders$2K

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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)$43K revenue · viewing · ⤓ 990 PDF
FY2024$44K revenue · ⤓ 990 PDF
FY2023$42K revenue · ⤓ 990 PDF
FY2022$55K revenue · ⤓ 990 PDF
FY2021$52K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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