Barely Used Pets Inc (EIN 273790955) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Phone

9379749972

Tax Period

2024-01-01 to 2024-12-31

Barely Used Pets Inc, founded in 2011, is a small nonprofit in the Animal-Related sector that reported $516K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Net assets of $1.1M represent 26 months of operating reserves.

Mission

Provide shelter for stray and unwanted dogs & cats, spay, neuter, and adopt out.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $310,369

Program Service Revenue $186,374

Investment Income $19,227

Other Revenue $-69

TOTAL REVENUE $515,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $238,320

Fundraising Expenses $0

Program Expenses $398,867

Other Expenses $290,934

TOTAL EXPENSES $529,254

Year-over-Year Comparison

	2024	2023	Change
Revenue	$515,901	$330,358	+0.6%
Expenses	$529,254	$460,225	+0.1%
Net Income	$-13,353	$-129,867	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$60,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Connie Smith	President	10.00	Officer	$30,000	$0	$30,000
Travis Smith	Sec/Treasurer	10.00	Officer	$30,000	$0	$30,000
Steve LeMaster	Vice President	10.00	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	$515,901	$529,254	$1,108,586	$-13,353
2023	$330,358	$460,225	$1,140,058	$-129,867
2022	$393,499	$376,627	$1,138,341	$16,872
2021	$842,317	$233,249	$1,361,710	$609,068
2020	$303,983	$254,234	$1,008,201	$49,749
2019	$306,431	$255,553	$996,425	$50,878

Barely Used Pets Inc