Castoff Pet Rescue Inc (EIN 204638911) - 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

2006

Legal Domicile

Principal Officer

Shannon Elliott

Phone

6786300452

Tax Period

2024-01-01 to 2024-12-31

Castoff Pet Rescue Inc, founded in 2006, is a small nonprofit in the Animal-Related sector that reported $465K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $176K, a strong 38% operating margin.

Mission

Provide Care for Animals, Provide Shelter, Food, Medical Care, Spay & Neuter, Adoption Services to Pets Rescued

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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 (2024)

Revenue Breakdown

Contributions & Grants $317,124

Program Service Revenue $2,055

Investment Income $8,789

Other Revenue $137,268

TOTAL REVENUE $465,236

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,870

Fundraising Expenses $0

Program Expenses $288,917

Other Expenses $227,047

TOTAL EXPENSES $288,917

Year-over-Year Comparison

	2024	2023	Change
Revenue	$465,236	$422,079	+0.1%
Expenses	$288,917	$263,973	+0.1%
Net Income	$176,319	$158,106	+0.1%

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

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
Shannon Elliott	President	30.00	Officer	$0	$0	$0
June Young	Treasurer	40.00	Officer	$0	$0	$0
Sherry Williams	Secretary	40.00	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
2024	$465,236	$288,917	$1,191,645	$176,319
2023	$422,079	$263,973	$1,015,960	$158,106
2022	$579,601	$231,918	$849,129	$347,683
2021	$405,426	$198,749	$501,446	$206,677
2020	$259,517	$161,540	$302,769	$97,977
2019	$317,664	$135,959	$204,787	$181,705

Castoff Pet Rescue Inc