FRIENDS OF ANIMALS IN NEED C/O RUSSELL SHABO

EIN: 562393798 501(c)(3) Animal-Related

NORTH KINGSTOWN, RI

Total Revenue
$249,890
Total Expenses
$154,802
Total Assets
$238,849
Net Assets
$225,953
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
RI
Principal Officer
RUSSELL SHABO
Phone
4014893645
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF ANIMALS IN NEED C/O RUSSELL SHABO, founded in 2005, is a small nonprofit in the Animal-Related sector that reported $250K in total revenue in fiscal year 2025. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 38% operating margin.

Mission

THE MISSION OF FRIENDS OF ANIMALS IN NEED IS TO ASSIST IN PROVIDING VETERINARY CARE TO FINANCIALLY CHALLENGED COMPANION PET OWNERS THROUGHOUT THE STATE OF RHODE ISLAND, IN ORDER TO AVOID THE SURRENDER, ABANDONMENT OR THE EUTHANIZING OF THEIR PET. WE WILL ACCOMPLISH THIS BY MAINTAINING CONTACT WITH VETERINARIANS THROUGHOUT THE STATE IN ORDER TO RECEIVE REFERRALS FROM THEM. THIS WILL HAVE THE ADDED BENEFIT OF LEAVING SPAACE AVAILABLE IN THE SHELTERS FOR THOSE PETS THAT MUST BE SURRENDERED OR STRAYS. ADDITIONALLY, FRIENDS OF ANIMALS IN NEED WILL ALSO STRIVE TO PROVIDE PET FOOD TO THOSE IN NEED TO HELP PEOPLE RETAIN THEIR PETS.

Program Service Accomplishments

Program 1
Expenses: $152,796

VETERINARY CARE

Program 2
Expenses: $55

PET FOOD, ANIMAL WELFARE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $178,896
Program Service Revenue $0
Investment Income $5,089
Other Revenue $65,905
TOTAL REVENUE $249,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $152,892
Other Expenses $154,802
TOTAL EXPENSES $154,802

Year-over-Year Comparison

2025 2024 Change
Revenue $249,890 $162,615 +0.5%
Expenses $154,802 $117,619 +0.3%
Net Income $95,088 $44,996 +1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSSELL SHABO PRESIDENT/TR N/A
Officer Director
$0 $0 $0
DWAYNE AKER VICE PRESIDE N/A
Officer Director
$0 $0 $0
ELEANOR RUBIN SECRETARY N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $249,890 $154,802 $238,849 $95,088
2024 $162,615 $117,619 $142,902 $44,996
2023 $158,446 $118,821 $97,303 $39,625
2022 $74,086 $108,872 $64,255 $-34,786
2021 $64,691 $62,808 $87,835 $1,883
2020 $63,853 $74,705 $84,940 $-10,852
2019 $92,071 $60,105 $94,613 $31,966
2018 $71,865 $70,237 $61,135 $1,628
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