BEST FRIENDS FOR LIFE INC (EIN 472504535) - 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

2015

Principal Officer

SANDRA E SOLIS

Phone

9562862375

Tax Period

2023-01-01 to 2023-12-31

BEST FRIENDS FOR LIFE INC, founded in 2015, is a small nonprofit in the Animal-Related sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $283K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PREVENT CRUELTY TO ANIMALS BY OPERATING A SHELTER FOR HOMELESS DOMESTIC ANIMALS, EDUCATING THE PUBLIC REGARDING SPAY, NUETERING, AND HEALHCARE OF ANIMALS.

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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 $155,521

Program Service Revenue $99,110

Investment Income $0

Other Revenue $0

TOTAL REVENUE $254,631

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,895

Program Expenses $266,838

Other Expenses $283,048

TOTAL EXPENSES $283,048

Year-over-Year Comparison

	2023	2022	Change
Revenue	$254,631	$198,885	+0.3%
Expenses	$283,048	$157,470	+0.8%
Net Income	$-28,417	$41,415	-1.7%

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

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
MARIO CANTU	MEMBER	2.00	Director	$0	$0	$0
OSCAR CISNEROS	ADVISORY MEM	2.00	Director	$0	$0	$0
LAURA GARCIA	ADVISORY MEM	2.00	Director	$0	$0	$0
MICHELLE GARCIA	SECRETARY	2.00	Officer Director	$0	$0	$0
LUISA ORTIZ	TREASURER	2.00	Officer Director	$0	$0	$0
NIDIA SERRANO	MEMBER	2.00	Director	$0	$0	$0
SANDRA E SOLIS	PRESIDENT	20.00	Officer 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	No data	No data	No data	No data
2023	$254,631	$283,048	$132,309	$-28,417

BEST FRIENDS FOR LIFE INC