FAR WEST PETS

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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

1982

Legal Domicile

Principal Officer

SHERRY COTTA

Phone

2096496912

Tax Period

2023-07-01 to 2024-06-30

FAR WEST PETS, founded in 1982, is a small nonprofit that reported $475K in total revenue in fiscal year 2023.

Mission

THE PURPOSE OF MULTI-DISTRICT PRESIDENT-ELECT TRAINING SEMINAR (PETS)IS TO TRAIN INCOMING ROTARY CLUB PRESIDENTS TO PROVIDE CLUB LEVEL LEADERSHIP.

Program Service Accomplishments

Program 1

Expenses: $476,279

TRAINED OVER 400 PRESIDENTS-ELECT IN MARCH FOR THE NINE FAR WEST ROTARY DISTRICTS TO CONDUCT CLUB ADMINISTRATION DURING THE UPCOMING ROTARY INTERNATIONAL YEAR WHICH STARTS JULY 1, 2023 AND ENDS JUNE...

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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 $0

Program Service Revenue $474,539

Investment Income $56

Other Revenue $0

TOTAL REVENUE $474,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $476,279

Other Expenses $476,279

TOTAL EXPENSES $476,279

Year-over-Year Comparison

	2023	2022	Change
Revenue	$474,595	N/A	N/A
Expenses	$476,279	N/A	N/A
Net Income	$-1,684	N/A	N/A

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

N/A

Employees

N/A

Volunteers

200

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
DAVE VEDEN	OPERATION CHAIR	0.00	Director	$0	$0	$0
DUSTIN LITTLEFIELD	President	2.00	Director	$0	$0	$0
JENNIFER STRONG	Vice President	0.00	Director	$0	$0	$0
SHERRY COTTA	Treasurer	2.00	Officer	$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	$474,595	$476,279	$104,040	$-1,684
2023	$430,245	$456,940	$105,924	$-26,695
2022	$391,443	$433,722	$132,619	$-42,279
2021	$68,766	$43,286	$174,898	$25,480
2020	$499,998	$458,234	$149,418	$41,764
2019	$450,563	$434,501	$118,766	$16,062
2018	$440,847	$434,499	$96,607	$6,348