Pay It Forward Outreach Inc (EIN 273005033) - 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

2010

Legal Domicile

Principal Officer

Floyd Strandberg

Phone

2317991074

Tax Period

2022-01-01 to 2022-12-31

Pay It Forward Outreach Inc, founded in 2010, is a small nonprofit in the Animal-Related sector that reported $129K in total revenue in fiscal year 2022. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $125K left a modest 3% surplus.

Mission

Provide low or no cost veterinarian services for pets of low or unemployed persons

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,446

Program Service Revenue $118,460

Investment Income $0

Other Revenue $0

TOTAL REVENUE $128,906

Expense Breakdown

Grants Paid $3,580

Salaries & Benefits $42,893

Fundraising Expenses $0

Program Expenses $1,069

Other Expenses $59,611

TOTAL EXPENSES $124,684

Year-over-Year Comparison

	2022	2021	Change
Revenue	$128,906	$234,046	-0.4%
Expenses	$124,684	$248,968	-0.5%
Net Income	$4,222	$-14,922	-1.3%

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
Debra Furst	Director	001.00	Director	$0	$0	$0
Michael Barnes	Director	001.00	Director	$0	$0	$0
Steve Holman	Director	001.00	Director	$0	$0	$0
Floyd Strandberg	President	045.00	Officer Key Emp	$0	$0	$0
Sandra Strandberg	Vice-President	045.00	Officer Key Emp Highest	$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	$128,906	$124,684	No data	$4,222
2021	$234,046	$248,968	$153,425	$-14,922
2020	$230,079	$247,391	$217,730	$-17,312
2019	$288,250	$321,838	$216,007	$-33,588
2018	$356,754	$365,207	$217,510	$-8,453

Pay It Forward Outreach Inc