PET PARTNERS INC

EIN: 043540580 501(c)(3) Animal-Related

FALL RIVER, MA

Total Revenue
$846,715
Total Expenses
$825,196
Total Assets
$301,576
Net Assets
$235,797
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MA
Principal Officer
DEBRA GEHRKE
Phone
5086724813
Tax Period
2024-01-01 to 2024-12-31

PET PARTNERS INC, founded in 2000, is a small nonprofit in the Animal-Related sector that reported $847K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO MEET THE NEEDS OF UNDERSERVED ANIMALS AND REDUCE UNNECESSARY EUTHANASIA THROUGH BASIC WELLNESS SERVICES AND SPAY/NEUTER.

Program Service Accomplishments

Program 1
Expenses: $726,000 Revenue: $694,546

SPAY AND NEUTER SERVICES. WE SPAYED AND NEUTERED 410 CATS, 310 DOGS AND 14 RABBITTS AT A LOW COST.

Program 2
Expenses: $0 Revenue: $0

BASIC ANIMAL AND WELLNESS SERVICES, INCLUDING DENTAL EXAMS, DENTAL CLEANINGS AND OTHER SURGICAL PRODECURES WERE PROVIDED AT LOW COSTS. INCLUDED WERE 2075 EXAMS, 1446 RABIES VACCINES, 1464 OTHER...

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BASIC ANIMAL AND WELLNESS SERVICES, INCLUDING DENTAL EXAMS, DENTAL CLEANINGS AND OTHER SURGICAL PRODECURES WERE PROVIDED AT LOW COSTS. INCLUDED WERE 2075 EXAMS, 1446 RABIES VACCINES, 1464 OTHER VACCINES AND 1307 TESTS. WE ALSO PERFORMED 83 DENTALS AND 162 OTHER SURGICAL PROCEDURES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,744
Program Service Revenue $682,874
Investment Income $3,046
Other Revenue $157,051
TOTAL REVENUE $846,715

Expense Breakdown

Grants Paid $0
Salaries & Benefits $534,130
Fundraising Expenses $0
Program Expenses $726,000
Other Expenses $291,066
TOTAL EXPENSES $825,196

Year-over-Year Comparison

2024 2023 Change
Revenue $846,715 $739,964 +0.1%
Expenses $825,196 $799,976 +0.0%
Net Income $21,519 $-60,012 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
1
Volunteers
10

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
3
$104,446
Total Directors
3
$104,446
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBRA GEHRKE PRESIDENT 40.00
Officer Director
$104,446 $0 $104,446
JOYCE PINSONNAULT VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
ELIZABETH FRANKS TREASURER 5.00
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
2024 $846,715 $825,196 $301,576 $21,519
2023 $739,964 $799,976 $298,845 $-60,012
2023 $792,748 $854,834 $317,832 $-62,086
2022 $725,100 $682,612 $364,468 $42,488
2021 $739,397 $632,564 $276,123 $106,833
2020 $665,208 $632,039 $238,007 $33,169
2019 $561,754 $587,392 $130,034 $-25,638
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