NEADY CATS CORP D/B/A CATS IN NEED

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

NORMAN SARKISIAN

Phone

9784225116

Tax Period

2023-09-01 to 2024-08-31

NEADY CATS CORP D/B/A CATS IN NEED, founded in 2000, is a small nonprofit in the Animal-Related sector that reported $182K in total revenue in fiscal year 2023. The organization ran a surplus of $61K, a strong 34% operating margin.

Mission

NEADY CATS CORP FINDS HOMES FOR ADOPTABLE CATS AND KITTENS, PROMOTES SPAYING AND NEUTERING, AND EDUCATES THE PUBLIC IN MATTERS OF FELINE CARE.

Program Service Accomplishments

Program 1

Expenses: $92,208 Revenue: $8,414

NEADY CATS FINDS HOMES FOR ADOPTABLE CATS AND KITTENS, PROMOTES SPAYING AND NEUTERING AND EDUCATES THE PUBLIC IN MATTERS OF FELINE CARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $133,133

Program Service Revenue $8,414

Investment Income $32,761

Other Revenue $8,046

TOTAL REVENUE $182,354

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,326

Program Expenses $92,208

Other Expenses $121,066

TOTAL EXPENSES $121,066

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,354	$180,699	+0.0%
Expenses	$121,066	$156,960	-0.2%
Net Income	$61,288	$23,739	+1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMAN R SARKISIAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
DOREEN SHERIDAN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
HENRY FRYE CPA	TREASURER	2.00	Officer Director	$0	$0	$0
MARILYN SARKISIAN	SECRETARY	2.00	Officer Director	$0	$0	$0
CHERYL MOSS DVM	MEDICAL ADVISOR	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$182,354	$121,066	$1,486,183	$61,288
2023	$180,699	$156,960	$1,192,858	$23,739
2022	$305,438	$143,175	$1,076,591	$162,263
2021	$254,682	$95,270	$1,091,661	$159,412
2020	$162,152	$104,305	$987,645	$57,847
2019	$205,276	$105,804	$874,730	$99,472