BASSET BUDDIES RESCUE OF TEXAS

EIN: 208604498 501(c)(3) Animal-Related

Houston, TX

Total Revenue
$242,631
Total Expenses
$90,612
Total Assets
$179,433
Net Assets
$179,433
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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
2007
Legal Domicile
TX
Principal Officer
Patricia Cornelius
Phone
2816577347
Tax Period
2022-01-01 to 2022-12-31

BASSET BUDDIES RESCUE OF TEXAS, founded in 2007, is a small nonprofit in the Animal-Related sector that reported $243K in total revenue in fiscal year 2022. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $152K, a strong 63% operating margin.

Mission

Basset Hound Rescue & Adoption

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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 (2022)

Revenue Breakdown

Contributions & Grants $238,392
Program Service Revenue $4,065
Investment Income $174
Other Revenue $0
TOTAL REVENUE $242,631

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,612
Other Expenses $90,612
TOTAL EXPENSES $90,612

Year-over-Year Comparison

2022 2021 Change
Revenue $242,631 $106,831 +1.3%
Expenses $90,612 $81,882 +0.1%
Net Income $152,019 $24,949 +5.1%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
40

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Haenelt Officer 10
Officer
$0 $0 $0
Jill Yamasaki Secretary 5
Officer
$0 $0 $0
Patricia Cornelius President 10
Officer
$0 $0 $0
Marlo Barton Vice President 4
Officer
$0 $0 $0
Barbara Beadle Officer 10
Officer
$0 $0 $0
Eleata Swan Officer 5
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
2022 $242,631 $90,612 $179,433 $152,019
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