money Archives

Biggest problems in animal rescue: 2) recurring funding

Biggest problems in animal rescue. We need money. We’ve been discussing the challenges that animal rescue volunteers and organizations face, and we would be remiss not to discuss the challenge of recurring revenue which is a constant challenge in rescue. How do you run a business when it’s difficult to predict what your revenues and profits will be versus your cash outlay every month? How can you ensure continuity of your operations when it seems like there’s always an expense you can’t predict? Local animal shelters and animal rescues need recurring revenue to survive and thrive. Rescue organizations are historically […]

4 creative ways to fund your animal rescue

You know it and we know it. Finding sustainable sources of revenue to support your animal rescue operations is hard work. But if you’re reliant solely on adoption fees, you’ll quickly realize that your model is unsustainable and you’ll quickly be looking for new ideas to keep the funding flowing in. So you’ve gotta think creatively and work collaboratively to get some other sources to support your life-saving operations. Here are some ideas to spark your thinking and we’d love to hear your ideas! Partner up – You’ve probably noticed the trend lately is going pet friendly. So jump on […]

What it Means to be a Non-profit

There seems to be a common misunderstanding particularly in the animal rescue world that operating as a charity or non-profit means you cannot carry a bank balance from year to year and that you cannot make more money on a transaction than your costs were (i.e. you must break even). So let’s set the record straight once and for all. This is a false misconception. When you file the paperwork for your IRS 501(c)(3) designation you have to first be setup as a legal business in your state and have an FEIN (Federal Employee Identification Number). States vary regarding the […]

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Biggest problems in animal rescue: 2) recurring funding

4 creative ways to fund your animal rescue

What it Means to be a Non-profit