Caring for Cats INC EIN 41-1944601

Caring for Cats INC

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Rescues and rehomes stray, abused, and surrendered cats and kittens. For fiscal year 2024 it reported $381K in revenue, $299K in expenses, and $1.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
North St Paul, MN
Website
www.caringforcatsmn.org
Filings
5 on file (2020–2024)
Revenue
$381KFY2024
Expenses
$299K
Net assets
$1.5M
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  41-1944601 Public charity (501(c)(3)) North St Paul, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Rescues and rehomes stray, abused, and surrendered cats and kittens.
Leadership
Cori Griesgraber · Executive Director · $28K
Money in and out
$381K revenue, $299K expenses
Bottom line
82% program efficiency
Where the money goes · FY2024
Total revenue
$381K
Pt VIII · Ln 12
Total expenses
$299K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $82K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.14 Fundraising $0.04
Program efficiency
82%
of spending reaches programs▲ +13% vs prior filing year
Operating runway
28.5mo
months of highly liquid reserves at operating expense rate▲ +3% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ +61% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$381K
FY2024▲ +27%
Expenses
$299K
FY2024▲ +15%
Total assets
$1.5M
FY2024▲ +6%
Total liabilities
$4K
FY2024▼ -76%
Total revenue
$381K
Pt VIII · Ln 12
Total expenses
$299K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$82K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $246K of program spending, described in the organization's own filed words · FY2024.
01

Caring for cats provides a shelter for cats in need of care. Caring for Cats thoroughly vets all cats who enter the shelter. We provide vacinations, spay/neuter, and any necessary medications and treatment. We care, feed and shelter cats in our shelter building. We carefully match cats and future owners.

$201Kprogram expense
02

Caring for Cats provides medical examinations, health screening tests, vaccinations, spay/neuter, and food for all cats we take into foster care, including pregnant and nursing cats, cats recovering from medical procedures, cats with medical conditions regarding ongoing veterinary care, and cats who are temporarily or permanently…

$43Kprogram expense
03

Caring for Cats provides emergency medical services to cats presenting with emergency health conditions which require immediate attention. Providing medical care to cats in need of care, whether upon intake or for cats currently in our foster care or shelter, helps afford them the best chance of adoption, or eases their suffering when…

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCaring for Cats INC
EINHdr · item D41-1944601
Principal addressHdr · item CNorth St Paul, MN
WebsiteHdr · item Jwww.caringforcatsmn.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D200)
Ruling yearIRS BMFAug 1999

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 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$28,500Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Cori Griesgraber’s $28K as Executive Director is at the 30th percentile of top reported officer pay among 1217 $100K–1M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Carole Hyder$17,500$52,500$48,125
Carole Hyder$48,125
Cori Griesgraber$28,500$28,500$35,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$311K · 82%
Program service revenue$48K · 13%
Investment income$23K · 6%
Contributions & grants82%$311K
Program service revenue13%$48K
Investment income6%$23K
Total revenueLn 12$381K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.14 Fundraising $0.04
Program services82%$246K
Management & general14%$40K
Fundraising4%$12K
Total functional expensesLn 25$299K

Balance Sheet

Part X · end of year
CashLn 1$64K
Total assetsLn 16$1.5M
Total liabilitiesLn 26$4K
Total net assetsLn 32$1.5M
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $709K · Operating expenses/yr $299K
28.5 months
Where the money goes
Program services
Program services $246K · Total expenses $299K
82%
Management & General
Management & general $40K · Total expenses $299K
14%
Fundraising
Fundraising $12K · Total expenses $299K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $250K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $311K · Total revenue $381K
82%
Government reliance
Government grants $0 · Total revenue $381K
0%
Earned-income share
Program service revenue $48K · Total revenue $381K
13%
Investment reliance
Investment income $23K · Total revenue $381K
+6%
Program self-sufficiency
Program service revenue $48K · Total expenses $299K
16%
Growth & trend
Revenue growth (YoY)
This year $381K · Prior year $300K
+27%
Revenue CAGR
FY2020 $1.4M · FY2024 $381K
-28%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $381K · Expenses $299K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $645K · Total assets (Pt X, ln 16) $1.5M
42%
People & payroll
Highest Reported Total Compensation
Individual Cori Griesgraber · Reported title Executive Director · Highest reported compensation $28K · Total expenses $299K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $28K · Total expenses $299K
10%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 14%
Fundraising cost ratio 4%
Revenue growth 27%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising 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 3 funders$31K
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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)$381K revenue · viewing · ⤓ 990 PDF
FY2023$300K revenue · ⤓ 990 PDF
FY2022$237K revenue · ⤓ 990 PDF
FY2021$294K revenue · ⤓ 990 PDF
FY2020$1.4M 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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