Financial Impact Statement
To comply with legal requirements in both the United States and Mexico, we maintain two distinct legal entities:
- Voluntarios por los perros de La Paz, A.C. (aka “Amigos de 4 Patas”):
- This is our Mexican entity, translating to “Friends of 4-Leggeds” (Amigos de 4 Patas). Financial transactions are reported, taxed, and accounted for in MXN (pesos).
- Hope 4 La Pawz (Hope):
- Hope is our U.S. Charity incorporated in the State of Washington and holds federal tax-exempt status under Internal Revenue Code Section 501(c)(3). Donors can deduct contributions from their U.S. tax filings, and we are qualified to receive tax-deductible bequests, devices, transfers, and gifts. Check our federal status here and you can use our EIN of 87-1890430.
- As a Washington charity, Hope files annual reports by July 31, quarterly excise tax filings, and calendar year-end reports to other entities.
- We are also registered as a foreign corporation in the states of Oregon and California. For California donors, we hold tax-deductible status with the Franchise Tax Board, allowing deductions from state tax returns. You can verify our California state tax exempt status using our name (Hope 4 La Pawz) or entity id of 4821288 here.
To enhance transparency, we organize our financial statements in alignment with the IRS Form 990 and consolidate the data from both organizations to provide a comprehensive overview of how funds are utilized. Should you have any questions or need specific financial statements, you can write to us at admin@hope4lapawz.org
Investing in Impact: Understanding Our Expense Distribution
This pie chart provides a snapshot of how we allocate resources to fulfill our mission. The three categories represent different facets of our organization and how we report expenses to authorities:
- Program Service (78%): The lion’s share goes directly into the programs and services that define our mission. This includes everything from rescuing and caring for animals to finding them loving homes.
- Fundraising (15%): These funds are invested to amplify our reach and support. They fuel campaigns and events that not only raise donations but also increase awareness about our cause.
- Management and General (7%): This portion covers the essential operational and administrative functions, ensuring the smooth running of the organization.
Together, this breakdown reflects our commitment to transparency and efficiency, illustrating how the majority of resources directly impact the lives of the animals we serve.
Nurturing Lives: Unveiling the Impact of Program Service Investments
This chart unveils the intricate details of our Program Service Expenditures, showcasing how we channel resources directly into the heart of our mission. Here’s a closer look:
- Veterinary Care (65%): The majority of our program expenses are dedicated to ensuring the health and well-being of the dogs we rescue. This includes comprehensive veterinary care, medical treatments, and wellness programs.
- Dog Food (18%): A substantial portion goes towards providing essential nutrition for our furry friends. High-quality dog food is a fundamental aspect of their rehabilitation and journey to finding forever homes.
- Transport (11%): Ensuring safe passage for our animals to loving homes is a critical part of our mission. This includes transporting costs not funded by adopters.
- Other (6%): This category encompasses various program-related expenses that contribute to the overall success of our mission, ensuring our approach is comprehensive and effective.
Together, this breakdown exemplifies our commitment to direct and impactful use of resources, focusing on the well-being and future of the animals we serve.
Empowering Change: A Visual Guide to Our Diverse Revenue Streams
This chart illuminates the diverse sources that fuel our mission, showcasing the collective impact of our revenue streams. Let’s delve into the breakdown:
- Donations (48%): The backbone of our organization, donations come from compassionate individuals, foundations, and supporters committed to making a difference. Your generosity directly fuels our ability to rescue and care for animals in need.
- Adoption Fees (20%): A substantial portion of our revenue comes from the adoption fees paid by loving families opening their hearts and homes to our rescued animals. This contribution helps sustain our ongoing rescue efforts.
- Fundraising Events (18%): Vibrant and engaging, our fundraising events bring together our community to support our cause. These events not only raise vital funds but also amplify awareness about the importance of animal welfare.
- La Paz Store (13%): Every purchase at our local La Paz store contributes directly to our rescue work. From pet supplies to unique finds, the store serves as a meaningful revenue stream, ensuring funds are continually directed toward our mission.
Together, this chart illustrates the strength of our community and the varied ways in which each contribution plays a crucial role in transforming the lives of animals in La Paz.
Reflecting on our past year
As we reflect on these charts, we’re reminded that our mission is a collective endeavor—a shared journey driven by compassion and commitment. Each percentage represents more than just numbers; it embodies the tangible impact of your support in the lives of the animals we rescue.
Your donations, adoption fees, participation in events, and even purchases from our La Paz store are instrumental in shaping a brighter future for these furry companions. We extend our heartfelt gratitude to every individual, volunteer, and partner who stands beside us on this journey.
Together, we are creating meaningful change—one paw at a time. Thank you for being an integral part of our story and for championing the cause of compassion and care for animals in La Paz.