OUT OF THE PITS INC (EIN 161560721) - Form 990 Financial Analysis & Trantor Score

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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

1994

Legal Domicile

Principal Officer

KARI HANKLE

Phone

5187791047

Tax Period

2023-01-01 to 2023-12-31

OUT OF THE PITS INC, founded in 1994, is a small nonprofit in the Animal-Related sector that reported $380K in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $125K, a strong 33% operating margin.

Mission

TO FACILITATE THE RESCUE, REHABILITATION AND ADOPTION OF PIT BULL DOG BREEDS THAT HAVE BEEN ABUSED AND ABANDONED.

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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 $220,361

Program Service Revenue $84,710

Investment Income $9

Other Revenue $75,249

TOTAL REVENUE $380,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $255,747

Other Expenses $255,747

TOTAL EXPENSES $255,747

Year-over-Year Comparison

	2023	2022	Change
Revenue	$380,329	$217,527	+0.7%
Expenses	$255,747	$227,802	+0.1%
Net Income	$124,582	$-10,275	-13.1%

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
KARI HANKLE	PRESIDENT	30.00	Officer	$0	$0	$0
CYDNEY CROSS	PRESIDENT (UNTIL AUGUST 23)	30.00	Officer	$0	$0	$0
ASHLY GAGNE	VICE PRESIDENT/TREASURER	15.00	Officer	$0	$0	$0
ERIN ZAGER	MEMBER	10.00	Director	$0	$0	$0
NICOLE MATHISON	MEMBER	10.00	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	No data	No data	No data	No data
2023	$380,329	$255,747	$326,900	$124,582
2022	$217,527	$227,802	$209,270	$-10,275
2021	$179,286	$180,848	$224,601	$-1,562
2020	$192,043	$204,348	$232,626	$-12,305

OUT OF THE PITS INC