Felius EIN 82-3509908

Felius FY2023 filing

EIN  82-3509908 Public charity (501(c)(3)) Omaha, NE Founded 2018
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Rescues cats, provides inclusive experiences, and educates to improve their welfare.
Leadership
Briana Phelan · Board President
Money in and out
$274K revenue, $305K expenses
Bottom line
88% program efficiency

Rescues cats, provides inclusive experiences, and educates to improve their welfare. For fiscal year 2023 it reported $274K in revenue, $305K in expenses, and $40K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$274K
Pt VIII · Ln 12
Total expenses
$305K
Pt IX · Ln 25
Net assets
$40K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$31K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.11 Fundraising $0.01
Program efficiency
88%
of spending reaches programs
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$274K
FY2023▲ +7%
Expenses
$305K
FY2023▲ +26%
Total assets
$127K
FY2023▼ -24%
Total liabilities
$87K
FY2023▼ -11%
Total revenue
$274K
Pt VIII · Ln 12
Total expenses
$305K
Pt IX · Ln 25
Net assets
$40K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$31K
Total assetsPt X · Ln 16$127K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $268K of program spending, described in the organization's own filed words · FY2022.
01

Cat adoptions educational programs and petting fees

$268Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFelius
EINHdr · item D82-3509908
Principal addressHdr · item COmaha, NE
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2018
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D99)
Ruling yearIRS BMFJan 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Board President
$0Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A
Board Member - Rescue
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member - Veterinary Consult
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member - Development
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$152K · 55%
Contributions & grants$82K · 30%
Other revenue$40K · 15%
Program service revenue55%$152K
Contributions & grants30%$82K
Other revenue15%$40K
Total revenueLn 12$274K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.11 Fundraising $0.01
Program services88%$268K
Management & general11%$34K
Fundraising1%$2K
Total functional expensesLn 25$305K

Balance Sheet

Part X · end of year
CashLn 1$61K
Total assetsLn 16$127K
Total liabilitiesLn 26$87K
Total net assetsLn 32$40K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $61K · Operating expenses (Pt IX) $305K · Less non-cash grants $19K · Cash operating expenses/yr $286K
2.6 months
Where the money goes
Program services
Program services $268K · Total expenses $305K
88%
Management & General
Management & general $34K · Total expenses $305K
11%
Fundraising
Fundraising $2K · Total expenses $305K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $80K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $82K · Total revenue $274K
30%
Government reliance
Government grants $0 · Total revenue $274K
0%
Earned-income share
Program service revenue $152K · Total revenue $274K
55%
Investment reliance
Investment income $0 · Total revenue $274K
0%
Program self-sufficiency
Program service revenue $152K · Total expenses $305K
50%
Growth & trend
Revenue growth (YoY)
This year $274K · Prior year $256K
+7%
Net-asset trend (YoY)
End of year $40K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $274K · Expenses $305K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $127K
Net-asset ratio
Net assets $40K · Total assets $127K
32%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $127K
0%
People & payroll
Highest Reported Total Compensation
Individual Briana Phelan · Reported title BOARD PRESIDENT · Highest reported compensation $0 · Total expenses $305K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $86K · Total expenses $305K
28%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 11%
Fundraising cost ratio 3%
Revenue growth 7%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
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 · FY2025
Total grants receivedfrom 1 funder$25K

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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$302K revenue · ⤓ 990 PDF
FY2023$274K revenue · viewing · ⤓ 990 PDF
FY2022$256K revenue · ⤓ 990 PDF
FY2021$227K revenue · ⤓ 990 PDF
FY2020$132K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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