AMERICAN KENNEL CLUB COMPANION ANIMAL RECOVERY CORPORATION
8051 Arco Corporate Drive Suite 200 Raleigh, NC 27617 http://www.akccar.org
Mission and Programs
Mission
Microchips. Recovery. Giving Back.
AKC CAR is the nation''s largest not-for-profit pet recovery service. We have a 24/7/365 call center with over 4 million pets enrolled and have helped reunite over 360,000 pets with their families. AKC CAR sells the ID System microchips and scanners to veterinarians, shelters, animal control and others to permanently identify pets. AKC CAR gives back through veterinary student scholarships (over $800,000 donated since 2002); pet disaster relief; search and rescue support; and low cost microchipping clinics.
Programs
Our database stores over 3 million enrollment records and has been used to perform nearly 300,000 recoveries. We process enrollments and perform recoveries. We recover a pet every 7 minutes, around the clock.
Program / Activities (NTEE Code)
Other Services
Veterinary Services
Animal Related Activities N.E.C.
Results
Accomplishments for Fiscal Year Ending 12/31/2005
- Enrolled our 3 millionth pet.
- Providing critical supplies to victims of Hurricane Katrina.
Objectives for Fiscal Year Beginning 01/01/2006
- To remain the nation's largest not-for-profit recovery service.
Self Assessment
Our program provides an essential public good in a very efficient manner.
Additional Comments
AKC CAR is the nation's largest not-for-profit pet recovery service. It is essential for pet owners enroll their pet's microchip with AKC CAR. This will ensure that AKC CAR can recover your lost pet. AKC CAR has performed nearly 300,000 successful recoveries.
Financial Data
From the organization's FORM 990
Revenue and Expenses: Fiscal Year Ending December 31, 2007
|
Revenue |
|
Expenses |
|
Contributions |
$39,468 |
|
Government Grants |
$0 |
|
Program Services |
$3,453,619 |
|
Investments |
$242,325 |
|
Special Events |
$0 |
|
Sales |
$385,229 |
|
Other |
$0 |
|
|
|
Program Services |
$4,845,271 |
|
Administration |
$359,880 |
|
Other |
$0 |
|
Total Expenditures |
$5,205,151
|
|
|
Total Revenue |
$4,120,641 |
|
NET GAIN/LOSS |
$(1,084,510) |
|
|
Balance
Sheet: Fiscal Year Ending December 31, 2007
Notes
The
balance sheet gives a snapshot of the financial health of an organization
at a particular point in time. An organization's total assets should
generally exceed its total liabilities, or it cannot long survive,
but the types of assets and liabilities also must be considered.
For instance, an organization's current assets (cash, receivables,
securities, etc.) should be sufficient to cover its current liabilities
(payables, deferred revenue, current year loan and note payments).
Otherwise, the organization may face solvency problems. On the other
hand, an organization whose cash and equivalents greatly exceed
its current liabilities might not be putting its money to best use.
|
Assets |
Jan 1, 2007 |
Dec 31, 2007 |
Change |
| Cash
& Equivalent |
$1,002,426 |
$3,220,462 |
$2,218,036 |
| Accounts
Receivable |
$389,624 |
$2,782,386 |
$2,392,762 |
| Pledges
& Grants Receivable |
$0 |
$0 |
$0 |
| Receivables/Other |
$0 |
$0 |
$0 |
| Inventories
for Sale or Use |
$0 |
$771,880 |
$771,880 |
| Investments/Securities |
$11,403,001 |
$6,858,381 |
$(4,544,620) |
| Investments/Other |
$0 |
$0 |
$0 |
| Fixed
Assets |
$313,620 |
$291,424 |
$(22,196) |
| Other |
$299,400 |
$138,000 |
$(161,400) |
| Total
Assets |
$13,408,071 |
$14,062,533 |
$654,462 |
| |
|
|
|
|
Liabilities |
Jan 1, 2007 |
Dec 31, 2007 |
Change |
| Accounts
Payable |
$54,122 |
$867,810 |
$813,688 |
| Grants
Payable |
$0 |
$0 |
$0 |
| Deferred
Revenue |
$0 |
$2,718 |
$2,718 |
| Loans
and Notes |
$0 |
$0 |
$0 |
| Tax-Exempt
Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$0 |
$0 |
$0 |
| Total
Liabilities |
$54,122 |
$870,528 |
$816,406 |
| |
| FUND BALANCE |
$13,353,949 |
$13,192,005 |
$(161,944) |
|

| |
Basic Information
|
|
|
This organization is required to file an IRS Form 990 or 990-EZ.
|
EIN: |
13-3904402 |
|
Executive:
|
Tom
Sharp
|
|
Contact:
|
Tom
Sharp,
CEO
|
|
Phone:
|
(800) 252-7894
|
|
Fax:
|
(919) 233-1290
|
|
E-mail:
|
tws@akccar.org
|
Fiscal
Year: |
2008
|
Assets:
|
$9,683,707
|
Income:
|
$4,466,590
|
Year Founded: |
1995 |
|
No. of Board Members:
|
|
|
No. of Full Time Employees:
|
0
|
|
No. of Part-Time Employees:
|
0
|
|
Volunteers:
|
0
|
Audited Statements Available to Public:
|
Yes
|
Funding: |
This organization is seeking funds from contributions. These funds will be used for unrestricted operating expenses and special projects.
|
Locations Served: |
National
|
|
|
Board of Directors
|
|
n/a n/a
|
|
| |
|