Friends of Homeless Animals Inc

EIN: 260867786 501(c)(3) Animal-Related

Saunderstown, RI

Total Revenue
$326,695
Total Expenses
$282,206
Total Assets
$309,488
Net Assets
$284,472
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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
RI
Principal Officer
Karen Hogan
Phone
4012657901
Tax Period
2024-06-01 to 2025-05-31

Friends of Homeless Animals Inc, founded in 2007, is a small nonprofit in the Animal-Related sector that reported $327K in total revenue in fiscal year 2024. Expenses of $282K left a modest 14% surplus.

Mission

Animal rescue from shelters owner surrenders and breeders Provide veterinary care and adoption services

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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 $55,087
Program Service Revenue $264,620
Investment Income $6,988
Other Revenue $0
TOTAL REVENUE $326,695

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $282,606
Other Expenses $282,206
TOTAL EXPENSES $282,206

Year-over-Year Comparison

2024 2023 Change
Revenue $326,695 $319,059 +0.0%
Expenses $282,206 $294,655 0.0%
Net Income $44,489 $24,404 +0.8%
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
7
Independent Members
7
Employees
N/A
Volunteers
75

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHERINE CLARK Director 0.00
Director
$0 $0 $0
SANDRA LAMB Director 0.00
Director
$0 $0 $0
SANDRA SOTIS Director 0.00
Director
$0 $0 $0
CAROLYN PATENAUDE Director 0.00
Director
$0 $0 $0
LUANNE GIBBS Director 0.00
Director
$0 $0 $0
KAREN HOGAN Treasurer 0.00
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 $326,695 $282,206 $309,488 $44,489
2024 $319,059 $294,655 $246,879 $24,404
2023 $368,808 $380,546 $213,928 $-11,738
2022 $503,692 $582,732 $220,110 $-79,040
2021 $808,471 $1,051,461 $292,790 $-242,990
2020 $1,404,891 $1,507,716 $523,176 $-102,825
2019 $1,249,374 $1,222,985 $626,001 $26,389
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