Rerun INC EIN 61-1336739

Rerun INC FY2022 filing

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Rehabilitates and rehomes retired Thoroughbred racehorses. For fiscal year 2022 it reported $557K in revenue, $510K in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
E Greenbush, NY
Website
www.rerunottb.com
Filings
5 on file (2020–2022)
Revenue
$557KFY2022
Expenses
$510K
Net assets
$1.1M
People
1
Filings
5
Updates
0
More identity details & actions ⌄
EIN  61-1336739 Public charity (501(c)(3)) E Greenbush, NY
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Rehabilitates and rehomes retired Thoroughbred racehorses.
Leadership
Lisa Molly · Program Director
Money in and out
$557K revenue, $510K expenses
Bottom line
83% program efficiency
Where the money goes · FY2022
Total revenue
$557K
Pt VIII · Ln 12
Total expenses
$510K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $47K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.16 Fundraising $0.01
Program efficiency
83%
of spending reaches programs
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$557K
FY2022▲ +19%
Expenses
$510K
FY2022▼ -3%
Total assets
$2.1M
FY2022▼ -0.8%
Total liabilities
$944K
FY2022▼ -5%
Total revenue
$557K
Pt VIII · Ln 12
Total expenses
$510K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$47K
Total assetsPt X · Ln 16$2.1M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $423K of program spending, described in the organization's own filed words · FY2022.
01

The organizations primary purpose is to provide care to throughbred horses that are no longer able to race. The organization sponsors events tho aquire funds to provide rehabilitation, retraining and to find homes for these retired racehorses. Rerun, inc. Provides refuge for over 47 horses at any given time during the year.

$423Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRerun INC
EINHdr · item D61-1336739
Principal addressHdr · item CE Greenbush, NY
WebsiteHdr · item Jwww.rerunottb.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D200)
Ruling yearIRS BMFMar 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b10
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
Program Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$410K · 74%
Program service revenue$144K · 26%
Other revenue$3K · 1%
Contributions & grants74%$410K
Program service revenue26%$144K
Other revenue1%$3K
Total revenueLn 12$557K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.16 Fundraising $0.01
Program services83%$423K
Management & general16%$83K
Fundraising1%$5K
Total functional expensesLn 25$510K

Balance Sheet

Part X · end of year
CashLn 1$29K
Total assetsLn 16$2.1M
Total liabilitiesLn 26$944K
Total net assetsLn 32$1.1M
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $29K · Operating expenses/yr $510K
0.7 months
Where the money goes
Program services
Program services $423K · Total expenses $510K
83%
Management & General
Management & general $83K · Total expenses $510K
16%
Fundraising
Fundraising $5K · Total expenses $510K
0.9%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $420K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $410K · Total revenue $557K
74%
Government reliance
Government grants — · Total revenue $557K
Earned-income share
Program service revenue $144K · Total revenue $557K
26%
Investment reliance
Investment income $0 · Total revenue $557K
0%
Program self-sufficiency
Program service revenue $144K · Total expenses $510K
28%
Growth & trend
Revenue growth (YoY)
This year $557K · Prior year $468K
+19%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $557K · Expenses $510K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $2.1M
Net-asset ratio
Net assets $1.1M · Total assets $2.1M
54%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lisa Molly · Reported title PROGRAM DIRECTOR · Highest reported compensation $0 · Total expenses $510K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $16K · Total expenses $510K
3%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 16%
Fundraising cost ratio 1%
Revenue growth 19%
Accounting fee ratio 0.5%

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
See all 9 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)$733K revenue · ⤓ 990 PDF
FY2023$571K revenue · ⤓ 990 PDF
FY2022$557K revenue · viewing · ⤓ 990 PDF
FY2021$468K revenue · ⤓ 990 PDF
FY2020$516K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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