OPHS Financials
At Olympic Peninsula Humane Society, we believe in maintaining the highest standards of transparency and accountability. As a nonprofit 501(c)(3) organization, we are committed to responsibly managing the resources entrusted to us by our donors, partners, and the community.
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Our Commitment
We are dedicated to ensuring that every dollar donated is used effectively to support our mission. Our financial practices are designed to provide clear and accurate reporting of our income, expenditures, and overall financial health. We adhere to strict accounting standards and undergo regular audits to maintain our commitment to transparency.
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Financial Reports
To provide our supporters with full insight into our financial operations, we make our annual financial reports and IRS Form 990 filings publicly available. These documents detail our financial activities, including revenue, expenses, and program investments.
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IRS Form 990
The IRS Form 990 is an annual information return that most federally tax-exempt organizations must file with the Internal Revenue Service. This form provides the IRS and the public with a snapshot of our organization’s financial health, programs, and compliance with tax regulations.
You can view our past IRS Form 990 filings by clicking the links below:
Annual Financial Reports
In addition to our IRS Form 990 filings, we also publish comprehensive annual financial reports. These reports include detailed financial statements, and management analyses.
Annual Financial Report for Year 2023
How We Use Our Funds
Our funds are allocated to support our programs, services, and administrative needs in alignment with our mission. We strive to maximize the impact of every donation by carefully budgeting and prioritizing our expenditures.
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Program Expenses
A significant portion of our funds is dedicated to our core programs, which directly benefit the communities we serve.
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Administrative Expenses
We invest in administrative expenses to ensure the smooth operation and sustainability of our organization.
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Fundraising Expenses
Fundraising efforts are essential to securing the resources we need to continue our work. We aim to keep these costs reasonable while maximizing our outreach and engagement.
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Contact Us
We are committed to transparency and are always here to answer any questions you may have about our financial practices. If you have any inquiries or need additional information, please feel free to contact us at info@op-hs.org or call us at 360-457-8206
Thank you for your trust and support. Together, we can make a lasting impact.
2023 Financial Information
Revenue
Program Income $310,180
Contributions $887,759
Special Events $19,275
Total $1,217,211
Expenses
Programs $1,157,674
Administative $320,343
Fundraising $ 125,484
Special Events $18,340
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Total $1,621,841
Net Income From Operations -$404,630
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Other Nonoperating Activity
Investment Mgmt Fees -$4,304
Investments Change in Value $30,121
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Subtotal $25,817
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Investment Interest/Div $29,871
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Total $55,688
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Change In Net Assets -$348,942
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