Pets for Vets Inc (EIN 271250302) - 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

2009

Legal Domicile

Principal Officer

Cheryl Hart

Phone

3019563837

Tax Period

2024-01-01 to 2024-12-31

Pets for Vets Inc, founded in 2009, is a community nonprofit in the Public & Societal Benefit sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $311K, a strong 19% operating margin.

Mission

Pets for Vets enriches the lives of veterans by creating a life-changing Super Bond with expertly selected and trained shelter or rescue pets. It provides ongoing expert support to ensure a reciprocal and thriving partnership at no cost to the veteran.

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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 $1,197,431

Program Service Revenue $0

Investment Income $430,997

Other Revenue $0

TOTAL REVENUE $1,628,428

Expense Breakdown

Grants Paid $127,666

Salaries & Benefits $529,358

Fundraising Expenses $70,851

Program Expenses $994,556

Other Expenses $660,469

TOTAL EXPENSES $1,317,493

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,628,428	$872,837	+0.9%
Expenses	$1,317,493	$1,002,439	+0.3%
Net Income	$310,935	$-129,602	-3.4%

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

250

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

$136,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Clarissa Black	Executive Dir.	40.00	Officer	$136,000	$0	$136,000
Ann Black	President	40.00	Officer Director	$0	$0	$0
Ellen Fox	Director	5.00	Director	$0	$0	$0
Cathy Lile	Secretary/Treas	5.00	Officer Director	$0	$0	$0
Marianne Upton	Vice President	5.00	Director	$0	$0	$0
Gianna Jackson	Director	5.00	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	$1,628,428	$1,317,493	$5,929,537	$310,935
2023	$872,837	$1,002,439	$5,454,531	$-129,602
2022	$938,017	$888,407	$5,154,384	$49,610
2022	$938,017	$888,407	$5,154,384	$49,610
2021	$1,511,413	$695,616	$5,688,454	$815,797
2020	$990,468	$670,855	$4,755,771	$319,613
2019	$1,275,674	$454,771	$4,219,423	$820,903
2018	$1,003,689	$360,082	$2,955,271	$643,607

Pets for Vets Inc