BROKEN SOULS RESCUE & RECOVERY INC

EIN: 872657528 501(c)(3) Animal-Related

STATEN ISLAND, NY

Total Revenue
$480,826
Total Expenses
$430,332
Total Assets
$54,128
Net Assets
$54,128
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
MICHAEL FAVOR
Phone
9173737311
Tax Period
2023-01-01 to 2023-12-31

BROKEN SOULS RESCUE & RECOVERY INC, founded in 2021, is a small nonprofit in the Animal-Related sector that reported $481K in total revenue in fiscal year 2023. Expenses of $430K left a modest 11% surplus.

Mission

WE RESCUE ABUSED AND NEGLECTED DOGS. WE REHABILITATE OUR DOGS AT OUR RESCUE SANCTUARY TO PREPARE THEM TO LIVE A HAPPY, HEALTHY LIFE IN THEIR NEW FUREVER HOME

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $480,826
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $480,826

Expense Breakdown

Grants Paid $0
Salaries & Benefits $116,700
Fundraising Expenses $22,955
Program Expenses $379,454
Other Expenses $313,632
TOTAL EXPENSES $430,332

Year-over-Year Comparison

2023 2022 Change
Revenue $480,826 N/A N/A
Expenses $430,332 N/A N/A
Net Income $50,494 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
15

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG FINE BOARD MEMBER 1.00
Director
$0 $0 $0
JENN MAGRONE BOARD MEMBER 20.00
Director
$0 $0 $0
MICHAEL FAVOR PRESIDENT 35.00
Officer
$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
2024 No data No data No data No data
2023 $480,826 $430,332 $54,128 $50,494
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BROKEN SOULS RESCUE & RECOVERY INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.