2026-07-07T13:39:31-05:00 2025-08-31 043037870 BOLLUS LYNCH LLP 89 SHREWSBURY STREET WORCESTER MA 01604 990 2024-09-01 043509327 NEADY CATS CORP D/B/A CATS IN NEED NEAD 9784225116 PO BOX 213 WEST BOYLSTON MA 01583 NORMAN SARKISIAN PRESIDENT 9784225116 2026-07-07 1 0 BARBARA E KING P00005629 5087557107 2026-07-07 2024 2025-03-06 01:10:19Z NORMAN SARKISIAN PO BOX 213 WEST BOYLSTON MA 01583 514200 0 X WWW.NEADYCATS.ORG X 2000 MA NEADY CATS CORP FINDS HOMES FOR ADOPTABLE CATS AND KITTENS, PROMOTES SPAYING AND NEUTERING, AND EDUCATES THE PUBLIC IN MATTERS OF FELINE CARE. 5 4 0 0 0 0 133133 141911 8414 6550 32761 89593 8046 7148 182354 245202 0 0 0 0 0 0 0 0 7611 121066 147934 121066 147934 61288 97268 1486183 1718590 10446 13571 1475737 1705019 NEADY CATS CORP FINDS HOMES FOR ADOPTABLE CATS AND KITTENS, PROMOTES SPAYING AND NEUTERING, AND EDUCATES THE PUBLIC IN MATTERS OF FELINE CARE. 0 0 109571 6550 NEADY CATS FINDS HOMES FOR ADOPTABLE CATS AND KITTENS, PROMOTES SPAYING AND NEUTERING AND EDUCATES THE PUBLIC IN MATTERS OF FELINE CARE. 109571 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X THE ORGANIZATION 9784225116 PO BOX 213 WEST BOYLSTON MA 01583 X NORMAN R SARKISIAN PRESIDENT 2.00 X X 0 0 0 DOREEN SHERIDAN VICE PRESIDENT 2.00 X X 0 0 0 HENRY FRYE CPA TREASURER 2.00 X X 0 0 0 MARILYN SARKISIAN SECRETARY 2.00 X X 0 0 0 CHERYL MOSS DVM MEDICAL ADVISOR 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 141911 141911 CAT ADOPTION FEES 900099 6550 6550 6550 16977 16977 12000 6270 5730 5730 5730 335344 262728 72616 72616 72616 MISC. REVENUE 900099 1418 1418 1418 245202 6550 0 96741 5200 5200 19652 12041 7611 52546 39912 12634 5840 5840 4817 3940 877 VETERINARY FEES 45494 45494 CAT SUPPLIES AND CARE 14385 14385 147934 109571 30752 7611 62813 112151 365266 72455 301442 292811 1121928 1313628 1486183 1718590 9446 12571 1000 1000 10446 13571 X 1306339 1409251 169398 295768 1475737 1705019 1486183 1718590 97268 132014 0 X X 0 0 0 X 177495 178915 153199 133133 141911 784653 3101 17853 17481 8414 6550 53399 1714 1476 1125 1483 1418 7216 182310 198244 171805 143030 149879 845268 0 0 0 845268 20590 24874 33137 26193 28977 133771 20590 24874 33137 26193 28977 133771 202900 223118 204942 169223 178856 979039 0.86340 0.87690 0.13660 0.12310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 114006 21569 135575 73452 15998 24556 114006 65283 3230 1178 73452 61678 4185 -580 65283 45469 5012 11197 61678 0 0 91400 91400 273866 72455 201411 292811 RENTAL DEPOSITS HELD 1000 1000 383486 132014 6270 138284 245202 0 245202 154204 6270 6270 147934 0 147934 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF DONOR RESTRICTED FUNDS ESTABLISHED FOR THE CARE OF CATS. ITS ENDOWMENT ONLY INCLUDES DONOR RESTRICTED ENDOWMENT FUNDS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE ORGANIZATION CLASSIFIES AS DONOR RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED AS NON-EXPENDABLE NET ASSETS IS CLASSIFIED AS EXPENDABLE NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ORGANIZATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT, THE ORGANIZATION MAY CONSIDER THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE ORGANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE ORGANIZATION; AND THE INVESTMENT POLICIES OF THE ORGANIZATION. THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE ENDOWMENT ASSETS ARE INVESTED IN A PORTFOLIO OF MUTUAL FUNDS AND EQUITY SECURITIES WITH THE OBJECTIVE OF ACHIEVING LONG-TERM CAPITAL APPRECIATION WHILE MODERATING THE LEVEL OF INVESTMENT RISK. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ORGANIZATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST, DIVIDENDS AND NET RENTAL INCOME). THE ORGANIZATION HAS INVESTED IN SECURITIES THAT TARGET A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ORGANIZATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR ACTUAL INTEREST AND DIVIDENDS. IN ESTABLISHING THIS POLICY, THE ORGANIZATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THIS IS CONSISTENT WITH THE ORGANIZATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 6,270. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 6,270. FORM 990, PART VI, SECTION A, LINE 2 NORMAN SARKISIAN, PRESIDENT AND MARILYN SARKISAIN, SECRETARY ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE RETURN IS PROVIDED TO THE BOARD FOR THEIR REVIEW AND APPROVAL BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE EXECUTIVE DIRECTOR. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES REPSONSIBILITY FOR THE OVERSIGHT OF THE AUDIT/REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WALLY & BEA LLC 40 SHADY LANE WEST BOYLSTON MA 01583 814049258 OWNER OF REAL ESTATE MA -1341 282064 NEADY CATS CORP DBA CATS IN NEED