Shibui Ni FY2021 filing

Tax-deductible

Chilhowie, VA501(c)(3)AnimalsEIN 83-2470255Revenue $37K in FY2021

On file with the IRSshibuini.com37290 Loves Mill Rd, 24319-3410 · Chilhowie, VATax-exempt since Dec 2018Publicly supported — 509(a)(2)

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To rescue abused, abandoned, and neglected animals and provide them a sanctuary to live.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $18K a year · 36% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $39
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$16K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$37K
-45% vs prior year
Spent
$41K
To programs
100%
Net assets
$49K
By yearFY2020–FY2022
Revenue
$37K
FY2021▼ -45%
Tap a bar for its year
Revenue by fiscal year
FY2020$67K
FY2021$37K
FY2022$51K
Expenses
$41K
FY2021▲ +104%
Tap a bar for its year
Expenses by fiscal year
FY2020$20K
FY2021$41K
FY2022$38K
Net assets
$49K
FY2021▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$41K
FY2021$49K
FY2022$47K

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Dec 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $41K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Rescues abused, abandoned, and neglected animals, offering them a safe sanctuary.

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Provided by the organization

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1 program · $41K · in their own filed words · FY2021
01

To rescue abused, abandoned, and neglected animals and provide them a sanctuary conducive to live out the rest of their lives in a warm and loving environment.

$41Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$39

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$37K
Ln 12
Gifts and grantsLn 1h$37K
Money outPt IX
$41K
Ln 25
Programscol B$41K
Owns and owesPt X
$49K
net assets · Ln 32
Cash and savingsLn 1–2$204
Total assetsLn 16$65K
LiabilitiesLn 26$16K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$37K
Total revenueLn 12$37K
Assets in detailPt X, end of year
CashLn 1$204
Cash and savings togetherLn 1–2$204
InvestmentsLn 11–13$12K
Land, buildings, equipmentLn 10c$53K
Total assetsLn 16$65K
LiabilitiesLn 26$16K
Net assetsLn 32$49K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$14$204
InvestmentsLn 11–13$12K
Land, buildings, equipmentLn 10c$57K$53K
Total assetsLn 16$57K$65K
LiabilitiesLn 26$16K$16K
Net assetsLn 32$41K$49K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$437$437
TravelLn 17$321$321
Depreciation, depletion and amortizationLn 22$4K$4K
Other expenses (24a–d)Ln 24$30K$30K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$41K$41K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $51K$38K$12K$47K 990 PDF
FY2021 Viewing $37K$41K−$4K$49K 990 PDF
FY2020 $67K$20K$47K$41K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $36,979 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $67,174$36,979
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $67,174$36,979
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $20,042$40,978
I-18 Total expensesPrior year $20,042$40,978
I-19 Revenue less expensesPrior year $47,132−$3,999
Part VI · Governance 1 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $36,979 across 3 lines filed
VIII-1f All other contributions, gifts and grants$36,979
VIII-1h Total contributions, gifts and grants$36,979
VIII-12 Total revenue$36,979
Part IX · Statement of functional expenses $40,978 across 5 lines filed
IX-12 Advertising and promotionPrograms $437$437
IX-17 TravelPrograms $321$321
IX-22 Depreciation, depletion and amortizationPrograms $3,940$3,940
IX-24 Other expenses (24a–d)Programs $29,805$29,805
IX-24e All other expensesPrograms $6,475$6,475
IX-25 Total functional expensesPrograms $40,978 · Management $0 · Fundraising $0$40,978
Part X · Balance sheet $65,191 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $14$204
X-10c Land, buildings and equipment, netStart of year $57,132$53,192
X-11 Publicly traded securities$11,795
X-16 Total assetsStart of year $57,146$65,191
X-24 Unsecured notes and loans payableStart of year $16,299$16,299
X-26 Total liabilitiesStart of year $16,299$16,299
X-27 Net assets without donor restrictionsStart of year $40,847$48,892
X-32 Total net assets or fund balancesStart of year $40,847$48,892
X-33 Total liabilities and net assetsStart of year $57,146$65,191
Part XI · Reconciliation of net assets $48,892 net assets at year end
XI-1 Total revenue$36,979
XI-2 Total expenses$40,978
XI-3 Revenue less expenses−$3,999
XI-4 Net assets at start of year$40,847
XI-5 Net unrealized gains (losses) on investments$11,795
XI-8 Prior period adjustments$249
XI-10 Net assets at end of year$48,892

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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