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Tracking Our Expenses
Every donation (regardless of its size) matters. We thank you for each contribution as it allows us to help more animals through rescue, education, and our special programs. In return, we believe that it is important to let our supporters know how we spend the money they donate. We track and assess our expenses in several ways:
- We track by category. The table below shows our two, high-level, budgetary goals. For each goal, we list the categories we use, provide examples of the types of expenses in each category, and indicate whether or not we met our budgetary goals in the previous six months. Our target budgetary goal is to spend at least 65% on Projects and no more than 35% on Administration, i.e., a minimum of $0.65 out of every dollar goes to the animals and a maximum of $0.35 is spent on running our ogranization.
- We use a pie chart to show the breakdown over the six categories in the previous, six-month period. We update the pie chart in July and January of each calendar year.
- We track expenses over time. The bar chart at the bottom of this page compares our expenses over time. We will update the bar chart in July and January of each calendar year as well.
Tracked Goals and Categories.
| BUDGETARY GOAL | EXPENSES CATEGORY | WHAT'S INCLUDED | 7/1 - 12/31 2019 |
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FLR Administration
Goal: 35% or less
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Marketing
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Marketing materials, merchandise, events |
Met goal by spending 8.4% on Administration
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Administrative
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Website hosting, email hosting, office supplies, insurance |
Legal & Accounting
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(As needed) |
FLR Projects
Goal: 65% or more
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Animal
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Veterinary care, food, shelter, transportation |
Met goal by spending 91.6% on Projects
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Education
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Programs, materials |
| Restricted Funds |
Donated monies and goods that are earmarked for a specific purpose by the donor (e.g., a cash donation to be applied towards medical costs for a specific animal). FLR only uses these donations for the specified purposes in accordance with IRS regulations.
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