Ready 2 Rescue FY2024 filing

EIN 46-2020112 Public charity (501(c)(3)) Mesquite, TX

Form 990 (PDF)

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Size

<$100K

What they do

An animal-related nonprofit based in Mesquite, TX. It reported about $60K in revenue for 2023.

Leadership

Robert Clayton · President and Founder

Money in and out

$60K revenue

Bottom line

3.4mo operating runway

An animal-related nonprofit based in Mesquite, TX. It reported about $60K in revenue for 2023. For fiscal year 2024 it reported $60K in revenue, — in expenses, and $14K in net assets.Pt I

Where the money goes · FY2024

Total revenue

$60K

Pt VIII · Ln 12

Total expenses

—

Pt IX · Ln 25

Net assets

$14K

Pt X · Ln 32

Operating runway

3.4mo

months of highly liquid reserves at operating expense rate

Surplus margin

+18%

revenue over expenses, this year

Donor-funded

100%

of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2024 · Form 990-EZ

Revenue

$60K

FY2024

Total revenue

$60K

Pt VIII · Ln 12

Total expenses

—

Pt IX · Ln 25

Net assets

$14K

Pt X · Ln 32

Revenue less expensesPt I · Ln 19—

Total assetsPt X · Ln 16—

Program-expense ratioPt IX · col B—

Voting members of governing bodyPt I · Ln 3pending

Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CReady 2 Rescue

EINHdr · item D46-2020112

Principal addressHdr · item CMesquite, TX

WebsiteHdr · item Jwww.ready2rescue.org

Year of formationHdr · item Lpending

State of legal domicileHdr · item MTX

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFAnimals (D99)

Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1apending

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12a—

Whistleblower policyPt VI · Ln 13—

Document retention policyPt VI · Ln 14—

CEO/top-official compensation independently reviewedPt VI · Ln 15a—

Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII

Robert Clayton

President and Founder

$0Pt VII · Sec A

Jacquelyn Clayton

Vice-President, Treasurer

$0Pt VII · Sec A

Ashley Browning

Secretary

$0Pt VII · Sec A

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Statement of Revenue

Part VIII

Other revenue100%$60K

Total revenueLn 12$60K

Balance Sheet

Part X · end of year

CashLn 1—

Total assetsLn 16—

Total liabilitiesLn 26$0

Total net assetsLn 32$14K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it

Liquidity & Payout

Operating runway

Highly liquid reserves $14K · Operating expenses/yr $49K

3.4 months

Where the money goes

Program services

not reported

Management & General

not reported

Fundraising

not reported

Cost to raise $1

not reported

Where the money comes from

Contribution dependence

Contributions & grants $60K · Total revenue $60K

100%

Government reliance

not reported

Earned-income share

Program service revenue $0 · Total revenue $60K

Investment reliance

Investment income $0 · Total revenue $60K

Program self-sufficiency

Program service revenue $0 · Total expenses $49K

Growth & trend

Revenue growth (YoY)

This year $60K · Prior year —

No prior year on file

Net-asset trend (YoY)

End of year $14K · Beginning of year $3K

+357%

Balance sheet

Surplus Margin

Revenue $60K · Expenses $49K

+18%

Liabilities-to-Assets

Total liabilities $0 · Total assets $14K

Net-asset ratio

Net assets $14K · Total assets $14K

100%

People & payroll

Highest Reported Total Compensation

Individual Robert Clayton · Reported title President and founder · Highest reported compensation $0 · Total expenses $49K

Personnel share

Salaries & benefits $0 · Total expenses $49K

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. Peer cohort: .

Grants

Schedule I · funders on record

Grants received · FY2023

Amazonsmile FoundationFY2023$132

Total grants receivedfrom 1 funder$132

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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

FY2026 (Latest)$2K revenue · ⤓ 990 PDF

FY2025$2K revenue · ⤓ 990 PDF

FY2024$60K revenue · viewing · ⤓ 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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