Honor Service Dogs Inc

EIN: 311732128 501(c)(3) Health Care

Charlotte, NC

Total Revenue
$151,549
Total Expenses
$232,623
Total Assets
$120,217
Net Assets
$116,717
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NC
Principal Officer
Ann Chase
Phone
7047590108
Tax Period
2023-01-01 to 2023-12-31

Honor Service Dogs Inc, founded in 2000, is a small nonprofit in the Health Care sector that reported $152K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 53% operating deficit.

Mission

To Provide Therapy Dogs to the Special Needs Community

Program Service Accomplishments

Program 1
Expenses: $150,005 Revenue: $106,955

HSDI PROVIDES PETS TO PEOPLE WITH DISABILITIES AND OTHER SPECIAL NEEDS. THE PROGRAM INCLUDES BREEDING, RAISING AND TRAINING THE DOGS SO THAT THEY WILL PROVIDE THERAPEUTIC VALUE TO THEIR OWNERS.

Program 2
Expenses: $2,115 Revenue: $0

HSDI PROVIDES FINANCIAL SUPPORT TO VARIOUS QUALIFIED CHARITABLE ORGANIZATIONS

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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 (2023)

Revenue Breakdown

Contributions & Grants $115,746
Program Service Revenue $36,700
Investment Income $0
Other Revenue $-897
TOTAL REVENUE $151,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,602
Fundraising Expenses $0
Program Expenses $152,120
Other Expenses $96,021
TOTAL EXPENSES $232,623

Year-over-Year Comparison

2023 2022 Change
Revenue $151,549 $305,338 -0.5%
Expenses $232,623 $322,954 -0.3%
Net Income $-81,074 $-17,616 +3.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
4
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
3
$79,105
Total Directors
3
$79,105
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rachel Ann Chase Executive Director 40.00
Officer Director
$23,757 $0 $23,757
Paige McBride Secretary 40.00
Officer Director
$23,121 $0 $23,121
Paula Price Treasurer 40.00
Officer Director
$32,227 $0 $32,227
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 No data No data No data No data
2023 $151,549 $232,623 $120,217 $-81,074
2022 $305,338 $322,954 $238,022 $-17,616
2021 $327,719 $248,258 $253,407 $79,461
2020 $114,896 $103,543 $161,570 $11,353
2018 $260,353 $192,043 $153,513 $68,310
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