Sophies Circle INC EIN 27-2178682 Form 990 (PDF) Claim this org

Sophies Circle INC FY2020 filing

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Provides pet food to families and rescues, rehabilitates, and rehomes animals. For fiscal year 2020 it reported $236K in revenue, $226K in expenses, and $136K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
New Smyrna, FL
Website
sophiescircle.org
Filings
6 on file (2020–2020)
Revenue
$236KFY2020
Expenses
$226K
Net assets
$136K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-2178682 Public charity (501(c)(3)) New Smyrna, FL
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Provides pet food to families and rescues, rehabilitates, and rehomes animals.
Leadership
Dana Conway · Director
Money in and out
$236K revenue, $226K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$236K
Pt VIII · Ln 12
Total expenses
$226K
Pt IX · Ln 25
Net assets
$136K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $10K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
7.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$236K
FY2020
Expenses
$226K
FY2020
Total assets
$150K
FY2020
Total liabilities
$15K
FY2020
Total revenue
$236K
Pt VIII · Ln 12
Total expenses
$226K
Pt IX · Ln 25
Net assets
$136K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$10K
Total assetsPt X · Ln 16$150K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSophies Circle INC
EINHdr · item D27-2178682
Principal addressHdr · item CNew Smyrna, FL
WebsiteHdr · item Jsophiescircle.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFSep 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2020.
01

Animal Rescue

Animals are taken in from high kill shelters, owner surrenders or are brought in as strays. Animals are immediately sent to a vet and evaluated. Medical needs are addressed and protocol is that every animal that comes into our rescue is spayed or neutered.

Pt IX · col B
02

Adoption

Applicants fill out an adoption application which is reviewed by our volunteers. All references are checked and homes are visited and inspected. We check the 'do not adopt' lists and we make sure it will be a good match based on what we know about the dog being chosen.

Pt IX · col B
03

Food Pantry

As the only pet food pantry in volusia, we provide pet food to financially challenged families at various locations on a weekly basis. Financial hardship must be proven when a new family signs up for the program and proof of SPAY/NEUTER for each animal receiving food must be provided.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$181K · 77%
Contributions & grants$54K · 23%
Program service revenue77%$181K
Contributions & grants23%$54K
Investment income$10
Total revenueLn 12$236K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$226K
Total functional expensesLn 25$226K

Balance Sheet

Part X · end of year
CashLn 1$146K
Total assetsLn 16$150K
Total liabilitiesLn 26$15K
Total net assetsLn 32$136K
Months of cash on handcomputed7.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $146K · Operating expenses/yr $226K
7.8 months
Where the money goes
Program services
Program services $226K · Total expenses $226K
100%
Management & General
Management & general $0 · Total expenses $226K
0%
Fundraising
Fundraising $0 · Total expenses $226K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $54K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $54K · Total revenue $236K
23%
Government reliance
Government grants — · Total revenue $236K
Earned-income share
Program service revenue $181K · Total revenue $236K
77%
Investment reliance
Investment income $10 · Total revenue $236K
<0.01%
Program self-sufficiency
Program service revenue $181K · Total expenses $226K
80%
Growth & trend
Revenue growth (YoY)
This year $236K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $136K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $236K · Expenses $226K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $150K
Net-asset ratio
Net assets $136K · Total assets $150K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $150K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dana Conway · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $226K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $226K
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%

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$20K

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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)$1.8M revenue · ⤓ 990 PDF
FY2024$245K revenue · ⤓ 990 PDF
FY2023$661K revenue · ⤓ 990 PDF
FY2022$650K revenue · ⤓ 990 PDF
FY2021$324K revenue · ⤓ 990 PDF
FY2020$236K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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