2007 Annual Report - MaxFund

Every year brings its challenges and 2007 certainly wasn’t any different. With the economy
slowing down, it was more difficult to manage our funds and keep the programs going. A
few of the programs held their own, while others slipped some. We are believers in what we do
and will continue to do our part in saving the animals. We are grateful for the generous donations,
grants, fundraisers, and estates we have received this year. We continue to be a safe
haven for the animals and provide them with the best of care.
Our largest events this year were:
Lucky Mutt Strut $31,392.51
Puttin’ on the Max $41,810.35
BowWow Event $7,500.00
Paws and Ruffresh $14,000.00
Grants: $155,214.00
Memberships: $27,693.00
Memorials: $33,795.00
Pet Pals: $6133.00
Adoptions: $56,575.98
Our very caring donors are the base of MaxFund, we could not do it without them. Last year,
2007, including estates were $597,900.00. We receive food from Purina on a regular basis and
free kitty litter. Those wonderful Inkind donations make a huge difference in our budget.
Our finances are steady in a struggling economy; our balance sheet does not reflect the $756,000
in in-kind donations or our shelter at 1025 Galapago. Our Wellness Clinic continues to grow
and help many low-income people with their pets; we are your local shelter.
The building at 1025 Galapago is in a holding company for safe keeping. It has been appraised
at almost 1 million dollars. Our current assets are at $952,270.79, and with the
building that brings our assets to almost $2 million.
We have approximately 600 volunteers, which volunteered over 24,000 hours—volunteers,
what would we do without them? They come and walk the dogs every day. They are so loyal,
the dogs love it. We also have cat people that come and pet the cats daily. The volunteers do
everything: events, cleaning, walking, office work, getting donations. Everything. Matt Adams
is a volunteer and is also our volunteer coordinator. He has done a fabulous job.
Officers:
Elizabeth Grice, President
Phyllis Eveleigh, Secretary
Elizabeth Grice, Treasurer
Board:
Dr. William Suro
Simon Melser
Sherrie Parrish
Jennifer Lane
Jan Eckhardt
Revenue:
Expenses:
Contributions $1,197,884.00 Programs $1,311,212,.00
Government Grants $0.00 Administration-Management $149,645.00
Investments $1,853.00 Fundraising $30,274.00
Events/Activities $225,054.00 Total Expenses: $1,491,131.00
Total Revenue: $1,424,791.00 Total assets, end of year $938,433.00
Total Liabilities $262,723.00
Fund balance end of year total
assets–total liabilities $675,710.00
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