The Lost Puppies of Beijing started in September 2018. As our organization runs primarily on donations, we understand many donors would like to know what we do with the money they so generously contribute. Starting from November 2018, we have implemented strict bookkeeping procedures that allow us to track all the donations we receive and the expenses we incur. Below is a summary of our financials from 2021/01/01 to 2021/12/31. The summary will be updated on an annual basis. If you’re interested in any of the details, please contact our Treasurer ([email protected]).
For the 2021 fiscal year, our revenues and expenses were broken into several distinct categories. The explanation of what each category contains includes is found below.
Total revenue 2021: 139,459.86
Total expenses 2021: 138,900.97
Explanation of Revenue
Most of our funding comes from the generous donations from Beijing’s dog loving community. In addition, we also partner with local businesses to hold fundraising events and raffles. A huge thank you to Chateau Canine, Diddy’s Hood, Vegans of Beijing, Culture Yard for their generous support and awesome prizes which helped us in our fundraising efforts this year. The category explanation for revenue can be found below:
- Adoption fees: 400 RMB paid when someone adopts!
- Chateau Canine: donations from sales using the supportlostpuppies code at checkout on http://chateaucanine.com/ + the use of the supportlostpuppies coupon when checking out on CC’s new WeChat app.
- Donation: lovely people who have donated funds to our organization
- Event Donation: event organizers who have opted to donate funds generated at their own events (large events and birthday fundraisers)
- Fundraising: funds generated at events organized by the Lost Puppies team; this includes ticket sales, silent auction proceeds, and general fundraising at events.
- Merchandise: sales of merchandise items during events or from the LP WeChat store.
Explanation of Expenses
- Boarding: this category includes non-medical stays at vets or boarding facilities. Usually, this is necessary if a foster has to leave unexpectedly or there is a short gap between foster availabilities.
- Fundraising: expenses incurred for event planning, including promotional materials for Lost Puppies (e.g. posters), and payments for event necessities.
- Medical bills: as always, this is our largest expense category. This includes initial check-ups at the vet when a pup is found, treatments for any conditions (e.g. infections, illnesses such as distemper, parvo, etc.), vaccinations, neuter/spay surgeries.
- Supplies: necessary items to get our fosters set up for success (e.g. ID tags, leash/collar, etc.).
- TNR: Lost Puppies has started a TNR program (trap, neuter, release). The aim of this program is to 1) reduce the number of stray dogs born in Beijing; 2) increase quality of life for older feral dogs who could not be rehabilitated. Expenses under this category relate to transport, trapping, and vet costs for feral dogs.
- Transportation: costs incurred during rescues, or transporting dogs/LP supplies from various locales around the city,
- Other: anything that doesn’t fall into one of these categories (this year, we had a 3000 RMB reward payment to a lovely gentleman who found and cared for one of our escaped fosters).
For each expense incurred, we keep digital copies of the receipts. If you wish to see them, please contact our Treasurer ([email protected]).