One Step Closer Animal Rescue INC EIN 27-2492239

One Step Closer Animal Rescue INC

EIN  27-2492239 Public charity (501(c)(3)) Andover, NJ
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Rescues dogs and cats from shelters, finding them loving adoptive families.
Leadership
Cassie Kowalchuk · President
Money in and out
$420K revenue, $404K expenses
Bottom line
36% program efficiency

Rescues dogs and cats from shelters, finding them loving adoptive families. For fiscal year 2024 it reported $420K in revenue, $404K in expenses, and $676K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$420K
Pt VIII · Ln 12
Total expenses
$404K
Pt IX · Ln 25
Net assets
$676K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $0.36 Management & general $0.62 Fundraising $0.02
Program efficiency
36%
of spending reaches programs▲ +16% vs prior filing year
Operating runway
10.3mo
months of highly liquid reserves at operating expense rate▼ -6% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -69% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$420K
FY2024▲ +5%
Expenses
$404K
FY2024▲ +15%
Total assets
$912K
FY2024▲ +1%
Total liabilities
$236K
FY2024▼ -2%
Total revenue
$420K
Pt VIII · Ln 12
Total expenses
$404K
Pt IX · Ln 25
Net assets
$676K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$912K
Program-expense ratioPt IX · col B36%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $147K of program spending, described in the organization's own filed words · FY2024.
01

Pet adoption program matches rescue animals with homes based on established criteria, feral cat neuturing reduces feral cat population and boarding services are provided on an interim basis.

$147Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COne Step Closer Animal Rescue INC
EINHdr · item D27-2492239
Principal addressHdr · item CAndover, NJ
WebsiteHdr · item Jwww.oscaranimalrescue.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFJan 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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 2Yes

Officers, Directors & Key Employees

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

Part VIII
Contributions & grants$207K · 49%
Program service revenue$159K · 38%
Other revenue$46K · 11%
Investment income$8K · 2%
Contributions & grants49%$207K
Program service revenue38%$159K
Other revenue11%$46K
Investment income2%$8K
Total revenueLn 12$420K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.36 Management & general $0.62 Fundraising $0.02
Program services36%$147K
Management & general62%$251K
Fundraising2%$7K
Total functional expensesLn 25$404K

Balance Sheet

Part X · end of year
CashLn 1$330K
Total assetsLn 16$912K
Total liabilitiesLn 26$236K
Total net assetsLn 32$676K
Months of cash on handcomputed9.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $330K · Operating expenses (Pt IX) $404K · Less non-cash grants $18K · Cash operating expenses/yr $386K
10.3 months
Where the money goes
Program services
Program services $147K · Total expenses $404K
36%
Management & General
Management & general $251K · Total expenses $404K
62%
Fundraising
Fundraising $7K · Total expenses $404K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $198K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $207K · Total revenue $420K
49%
Government reliance
Government grants — · Total revenue $420K
Earned-income share
Program service revenue $159K · Total revenue $420K
38%
Investment reliance
Investment income $8K · Total revenue $420K
+2%
Program self-sufficiency
Program service revenue $159K · Total expenses $404K
39%
Growth & trend
Revenue growth (YoY)
This year $420K · Prior year $401K
+5%
Revenue CAGR
FY2020 $403K · FY2024 $420K
+1%
Net-asset trend (YoY)
End of year $676K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $420K · Expenses $404K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $912K
Net-asset ratio
Net assets $676K · Total assets $912K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $912K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cassie Kowalchuk · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $404K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $198K · Total expenses $404K
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 36%
Overhead ratio 62%
Fundraising cost ratio 3%
Revenue growth 5%
Accounting fee 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 4 funders$8K
See all 4 funders →

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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
FY2024 (Latest)$420K revenue · viewing · ⤓ 990 PDF
FY2023$401K revenue · ⤓ 990 PDF
FY2022$379K revenue · ⤓ 990 PDF
FY2021$339K revenue · ⤓ 990 PDF
FY2020$403K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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