December 10, 2012
I noticed on the Attorney General of California Website under the charities section that save a pet registration # 056811 City Indio has submitted their RRF-1 in July of 2012 and that it was rejected because no 990 report was attached and an independent audit was not done. On the RRF-1 fiscal year ending December 31 2011 it states that save a pet has total assets in the amount of $1,949,995.00 and that the gross annual revenue is $4,099,847.00. An incomplete form notice was sent to save a pet December 7th 2012. According to the law State governments typically regulate the independent-audit requirement based on income – whatever the source. For example, in Pennsylvania, nonprofits that receive more than $300,000 in funds must file an audited financial statement with the Department of Revenue. In California, gross receipts totaling more than $2 million carry a similar requirement. Some states require an audited statement simply by virtue of fundraising there, regardless of where an organization’s headquarters may be located. WHY SAVE A PET DOES NOT KNOW THIS REQUIREMENT IS QUESTIONABLE OF A NONPROFITS ABILITY TO HANDLE THEIR AFFAIRS PROPERLY. This nonprofit was in the news just a few months ago regarding a break in on their property and asked for donations of food that was stolen and got other things donated. They played the public and had a lot of money already to take care of their affairs. If they had so much money why did they not put in security cameras after their first break in on their property. Also the review about lend a paw concerns me that a director at save a pet is involved with the mess of over $400,000.00 embezzled from that group. Save a pet needs a audit committee and maybe some new board members that know what they are doing especially with that kind of money involved.
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MY ROLE:Professional with expertise in this field