OPERATION GREYHOUND

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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

1992

Legal Domicile

Phone

8775886611

Tax Period

2023-01-01 to 2023-12-31

OPERATION GREYHOUND, founded in 1992, is a micro nonprofit in the Animal-Related sector that reported $96K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $131K exceeded revenue, resulting in a 37% operating deficit.

Mission

WE ARE DEDICATED TO THE RESCUE AND ADOPTION OF RACING GREYHOUNDS AND THE PROMOTION OF PUBLIC AWARENESS TO THE PLIGHT OF GREYHOUNDS. PLACING GREYHOUNDS IN QUALIFIED, LOVING AND, RESPONSIBLE HOMES IS THE PRIMARY MISSION OF OPERATION GREYHOUND.

Program Service Accomplishments

Program 1

Expenses: $131,037

IN 2023 WE RESCUED 56 GREYHOUNDS WHICH WERE RELINQUISHED BY RACING KENNELS OR SHELTERS. DURING 2023 WE ADOPTED 45 GREYHOUNDS TO QUALIFIED INDIVIDUALS OR COUPLES, OR FAMILIES IN CALIFORNIA AND...

IN 2023 WE RESCUED 56 GREYHOUNDS WHICH WERE RELINQUISHED BY RACING KENNELS OR SHELTERS. DURING 2023 WE ADOPTED 45 GREYHOUNDS TO QUALIFIED INDIVIDUALS OR COUPLES, OR FAMILIES IN CALIFORNIA AND ADJACENT STATES. ELEVEN OF THE 56 ADOPTED GREYHOUNDS WERE WAITING ADOPTION FROM THE PREVIOUS YEAR 2023. WE CONTINUE TO OPERATE A HOSPICE FOR EX-RACERS THAT HAVE SPECIAL NEEDS OR ARE TOO OLD, INJURED, OR ILL TO BE PLACED FOR ADOPTION. IN ADDITION, WE RE-ADOPT RELINQUISHED GREYHOUNDS FROM ALL GREYHOUND ORGANIZATIONS OR SHELTERS. IN MOST CASES OLDER RELINQUISED GREYHOUNDS ARE RE-HOMED WITH NO ADOPTION FEES.WE CONTINUE TO WORK TO INCREASE PUBLIC AWARENESS OF THE EXPLOITATION OF RACING GREYHOUNDS THROUGH OUR WEB SITE, SOCIAL MEDIA, AND PROMOTIONAL EVENTS. THROUGH OUR WEB SITE, WE CONTINUE TO GENERATE NUMEROUS INQUIRIES FROM POTENTIAL ADOPTERS THROUGHOUT THE US. WE CONTINUE TO MAKE MANY REFERRALS TO OTHER RESCUE GROUPS OUTSIDE OF OUR SERVICE AREA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $52,592

Program Service Revenue $17,200

Investment Income $1,477

Other Revenue $24,405

TOTAL REVENUE $95,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $640

Program Expenses $131,037

Other Expenses $131,037

TOTAL EXPENSES $131,037

Year-over-Year Comparison

	2023	2022	Change
Revenue	$95,674	$109,039	-0.1%
Expenses	$131,037	$156,367	-0.2%
Net Income	$-35,363	$-47,328	-0.3%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUNA PALMATIER	President	32.00	Officer Director	$0	$0	$0
ROBERT PALMATIER	Vice President	40.00	Officer Director	$0	$0	$0
CARRIE SMALL	Secretary	2.00	Officer	$0	$0	$0
LORI JOHNSON	Treasurer	2.00	Officer	$0	$0	$0
LYNN HATCH	OFFICER	1.00	Officer	$0	$0	$0
MARCI RODRIGUEZ	OFFICER	1.00	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	No data	No data	No data	No data
2023	$95,674	$131,037	$908,031	$-35,363
2022	$109,039	$156,367	$848,594	$-47,328
2021	$534,205	$146,144	$933,067	$388,061
2020	$277,149	$155,968	$534,218	$121,181
2019	$241,649	$94,500	$378,983	$147,149
2018	$89,566	$94,328	$239,521	$-4,762