Artemis Project INC EIN 84-3300502 Form 990 (PDF) Claim this org

Artemis Project INC

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Rescues and rehomes abandoned animals, operating as a volunteer-run, no-kill shelter. For fiscal year 2024 it reported $558K in revenue, $513K in expenses, and $92K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
Hackett, AR
Website
theartemisprojectrescue.org
Filings
2 on file (2023–2024)
Revenue
$558KFY2024
Expenses
$513K
Net assets
$92K
People
10
Filings
2
Updates
0
More identity details & actions ⌄
EIN  84-3300502 Public charity (501(c)(3)) Hackett, AR
Form 990 (PDF)
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Size
$100K–1M
What they do
Rescues and rehomes abandoned animals, operating as a volunteer-run, no-kill shelter.
Leadership
Cindy Scott · President / Director
Money in and out
$558K revenue, $513K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$558K
Pt VIII · Ln 12
Total expenses
$513K
Pt IX · Ln 25
Net assets
$92K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $45K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs-0.3% vs prior filing year
Operating runway
1.9mo
months of highly liquid reserves at operating expense rate▲ +58% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▲ +38% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$558K
FY2024▲ +24%
Expenses
$513K
FY2024▲ +21%
Total assets
$116K
FY2024▲ +52%
Total liabilities
$24K
FY2024▼ -19%
Total revenue
$558K
Pt VIII · Ln 12
Total expenses
$513K
Pt IX · Ln 25
Net assets
$92K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$116K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArtemis Project INC
EINHdr · item D84-3300502
Principal addressHdr · item CHackett, AR
WebsiteHdr · item Jtheartemisprojectrescue.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFJan 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President / Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $386K of program spending, described in the organization's own filed words · FY2024.
01

Veterinary care and SPAY/NEUTER initiatives to continue life-saving efforts by ensuring each adopter finds a healthy pet that fits their lifestyle and home.

$302Kprogram expense
02

The project's transport program plays a critical role in advancing our mission by relocating animals from shelters experiencing overcrowding and limited resources to partner organizations in areas with higher adoption demand.

$84Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$481K · 86%
Program service revenue$74K · 13%
Contributions & grants86%$481K
Program service revenue13%$74K
Investment income$2K
— government grantsLn 1e$60K
Total revenueLn 12$558K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$512K
Management & general$2K
Total functional expensesLn 25$513K

Balance Sheet

Part X · end of year
CashLn 1$82K
Total assetsLn 16$116K
Total liabilitiesLn 26$24K
Total net assetsLn 32$92K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $82K · Operating expenses/yr $513K
1.9 months
Where the money goes
Program services
Program services $512K · Total expenses $513K
100%
Management & General
Management & general $2K · Total expenses $513K
0.3%
Fundraising
Fundraising $0 · Total expenses $513K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $372K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $481K · Total revenue $558K
86%
Government reliance
Government grants $60K · Total revenue $558K
11%
Earned-income share
Program service revenue $74K · Total revenue $558K
13%
Investment reliance
Investment income $2K · Total revenue $558K
+0.4%
Program self-sufficiency
Program service revenue $74K · Total expenses $513K
14%
Growth & trend
Revenue growth (YoY)
This year $558K · Prior year $450K
+24%
Net-asset trend (YoY)
End of year $92K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $558K · Expenses $513K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $116K
Net-asset ratio
Net assets $92K · Total assets $116K
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $116K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cindy Scott · Reported title PRESIDENT / DIRECTOR · Highest reported compensation $0 · Total expenses $513K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $513K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.3%
Fundraising cost ratio 0%
Revenue growth 24%
Accounting fee ratio 0.3%

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 2 funders$86K

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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)$558K revenue · viewing · ⤓ 990 PDF
FY2023$450K 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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