GREYHOUNDS ONLY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GREYHOUNDS ONLY INC (EIN 36-4065840)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-21
IRS object ID
202521419349301352
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-21T13:00:32-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363321958PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DESMOND & AHERN LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110827 S WESTERN AVENUEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606433206ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364065840EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Greyhounds Only IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREYBusinessNameControlTxt
Phone8474219828PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1539 W Roosevelt RdAddressLine1Txt
CityGlen EllynCityNm
State AbbreviationILStateAbbreviationCd
ZIP60137ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLauren SichermanPersonNm
Person TitleTreasurerPersonTitleTxt
Phone6303371632PhoneNum
Signature2025-05-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMel PadilloPreparerPersonNm
PTINP03172019PTIN
Phone7737794720PhoneNum
Preparation2025-05-19PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBarbara KarantPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1539 W Roosevelt RdAddressLine1Txt
CityGlen EllynCityNm
State AbbreviationILStateAbbreviationCd
ZIP60137ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$143,064GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.greyhoundsonly.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTo place retired racing and at-risk greyhounds into responsible, loving homes, to educate the public about the greyhound breed, to provide access to high-quality medical care and to collaborate with others who share our common goals.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers81TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$76,006PYContributionsGrantsAmt
CY Contributions Grants$83,412CYContributionsGrantsAmt
PY Program Service Revenue$65,269PYProgramServiceRevenueAmt
CY Program Service Revenue$41,514CYProgramServiceRevenueAmt
PY Investment Income$2,324PYInvestmentIncomeAmt
CY Investment Income$2,505CYInvestmentIncomeAmt
PY Other Revenue$10,536PYOtherRevenueAmt
CY Other Revenue$7,059CYOtherRevenueAmt
PY Total Revenue$154,135PYTotalRevenueAmt
CY Total Revenue$134,490CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$127,456PYOtherExpensesAmt
CY Other Expenses$124,479CYOtherExpensesAmt
PY Total Expenses$127,456PYTotalExpensesAmt
CY Total Expenses$124,479CYTotalExpensesAmt
PY Revenues Less Expenses$26,679PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,011CYRevenuesLessExpensesAmt
Total Assets BOY$240,602TotalAssetsBOYAmt
Total Assets EOY$261,100TotalAssetsEOYAmt
Total Liabilities BOY$3,191TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,515TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$237,411NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$256,585NetAssetsOrFundBalancesEOYAmt
MissionTo place retired racing and at-risk greyhounds into responsible, loving homes, to educate the public about the greyhound breed, to provide access to high-quality medical care and to collaborate with others who share our common goals.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$116,512ExpenseAmt
Revenue$44,647RevenueAmt
DescAdoption of Greyhounds.Desc
Total Program Service Expenses$116,512TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLauren SichermanPersonNm
Phone6303371632PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1318 SE 4th TerraceAddressLine1Txt
CityCape CoralCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33990ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Barbara Karant
President25.00Yes (X)Yes (X)$0$0$0
Alexandra Dabek
Secretary10.00Yes (X)Yes (X)$0$0$0
Lauren Sicherman
Treasurer15.00Yes (X)Yes (X)$0$0$0
Alexis Jarrett
Director10.00Yes (X)$0$0$0
Margaret Valcik
Director10.00Yes (X)$0$0$0
Lynette Hammond
Director10.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$645FundraisingAmt
All Other Contributions$82,767AllOtherContributionsAmt
Total Contributions$83,412TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Adoptions900099$40,339$40,339
Application Fees900099$1,175$1,175
FieldValueIRS element (for citing)
Total Program Service Revenue$41,514TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,505TotalRevenueColumnAmt
Exclusion$2,505ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$8,932FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$645ContriRptFundraisingEventAmt
Fundraising Direct Expenses$5,006FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,926TotalRevenueColumnAmt
Exclusion$3,926ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$6,701GrossSalesOfInventoryAmt
Cost Of Goods Sold$3,568CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,133TotalRevenueColumnAmt
Related Or Exempt Func Income$3,133RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$134,490TotalRevenueColumnAmt
Related Or Exempt Func Income$44,647RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,431ExclusionAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,353TotalAmt
Management And General$1,353ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,001TotalAmt
Management And General$4,001ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,523TotalAmt
Program Services$1,148ProgramServicesAmt
Management And General$375ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Medical$59,462$59,462
Kennel$50,660$50,660
Adoption Accessories, C$4,488$4,488
Bank & Paypal Fees$2,238$2,238

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$754TotalAmt
Program Services$754ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$124,479TotalAmt
Program Services$116,512ProgramServicesAmt
Management And General$7,967ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$26,147BOYAmt
EOY$34,957EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$151,308BOYAmt
EOY$151,678EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$63,147BOYAmt
EOY$74,465EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$240,602BOYAmt
EOY$261,100EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,191BOYAmt
EOY$4,515EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,191BOYAmt
EOY$4,515EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$237,411BOYAmt
EOY$256,585EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$237,411BOYAmt
EOY$256,585EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$240,602BOYAmt
EOY$261,100EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$10,011ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$9,163NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$137,918CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$119,518CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$91,946CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,006CurrentTaxYearMinus1YearAmt
Current Tax Year$83,412CurrentTaxYearAmt
Total$508,800TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$137,918CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$119,518CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$91,946CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,006CurrentTaxYearMinus1YearAmt
Current Tax Year$83,412CurrentTaxYearAmt
Total$508,800TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$508,800PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$779CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,907CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,862CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,324CurrentTaxYearMinus1YearAmt
Current Tax Year$2,505CurrentTaxYearAmt
Total$9,377TotalAmt
FieldValueIRS element (for citing)
Total Support$518,177TotalSupportAmt
Gross Receipts Rltd Activities$363,021GrossReceiptsRltdActivitiesAmt
Public Support CY1700.98190PublicSupportCY170Pct
Public Support PY1700.98580PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Duke Energy$46,308F
General Electric Co$4,582F
The Bank of NY Mellon$5,896F
Equity Residential$5,488F
Northern Money Market Fund$12,191F
FieldValueIRS element (for citing)
Total Book Value Securities$74,465TotalBookValueSecuritiesAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe Form 990 will be sent out via email for review and comment/questions to all Board members.
Form 990, Part VI, Section C, line 19Upon request, and during fundraising activities.

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