THE LOVE PIT

EIN: 475439776 501(c)(3) Animal-Related

DALLAS, TX

Total Revenue
$350,483
Total Expenses
$382,427
Total Assets
$219,099
Net Assets
$192,969
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
AFTEN OWENS
Tax Period
2023-01-01 to 2023-12-31

THE LOVE PIT, founded in 2015, is a small nonprofit in the Animal-Related sector that reported $350K in total revenue in fiscal year 2023.

Mission

THE LOVE PIT IS A 501C3 FOSTER-BASED RESCUE ON A MISSION TO SAVE THE PIT BULL THROUGH RESCUE, REHABILITATION, TRAINING, AND ADVOCACY.

Program Service Accomplishments

Program 1
Expenses: $246,973

MEDICAL: EACH DOG PLACED IN OUR RESCUE UNDERGOES A GENERAL EXAM AT ONE OF OUR VETERINARY PARTNERS. DURING THIS EXAM, ITS DETERMINED IF MORE EXTENSIVE MEDICAL CARE IS NEEDED AND A PLAN OF...

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MEDICAL: EACH DOG PLACED IN OUR RESCUE UNDERGOES A GENERAL EXAM AT ONE OF OUR VETERINARY PARTNERS. DURING THIS EXAM, ITS DETERMINED IF MORE EXTENSIVE MEDICAL CARE IS NEEDED AND A PLAN OF REHABILITATION IS PUT IN PLACE AND SCHEDULED. EVERY DOG AT THE LOVE PIT MUST BE MEDICALLY CLEARED BEFORE IT IS PLACED UP FOR ADOPTION. THIS INCLUDES GENERAL VETTING PROCEDURES SUCH AS DEWORMER, VACCINATIONS, HEARTWORM TEST,RABIES VACCINATIONS, MICROCHIP, AND SPAY/NEUTER. IT ALSO INCLUDES SEVERE MEDICAL TREATMENTS AND SURGERIES SUCH AS HEARTWORM TREATMENT, BROKEN BONE REPAIRS, SEVERE SKIN INFECTIONS, UPPER RESPIRATORY INFECTIONS, PARVOVIRUS, PNEUMONIA, PARALYSIS, CANCER, ENTROPION SURGERY, ETC. THE MEDICAL PROGRAM COMBINED WITH MEDICAL BOARDING ISTHE LARGEST EXPENSE OF OUR RESCUE.

Program 2
Expenses: $7,276

FOSTER & ADOPTIONS:FOSTER: EACH DOG IN OUR RESCUE IS PLACED IN A FOSTER HOME WHERE THEY LEARN TO BECOME A GOOD PET FOR A FUTURE FAMILY. DURING THIS TIME, WE ALL WORK VERY HARD TO NOT ONLY ENSURE THE...

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FOSTER & ADOPTIONS:FOSTER: EACH DOG IN OUR RESCUE IS PLACED IN A FOSTER HOME WHERE THEY LEARN TO BECOME A GOOD PET FOR A FUTURE FAMILY. DURING THIS TIME, WE ALL WORK VERY HARD TO NOT ONLY ENSURE THE DOG IS MEDICALLY REHABILITATED BUT ALSO EVALUATED FOR BEHAVIOR AND SET UP WITH A CUSTOM TRAINING PLAN. THE FOSTER PARENT IS RESPONSIBLE FOR TAKING THEIR FOSTER DOG TO OUR WEEKLY TRAINING CLASSES AND MONTHLYADOPTION EVENTS UNTIL THE DOG HAS BEEN ADOPTED. ADOPTIONS: EACH DOG IN OUR RESCUE IS PLACED UP FOR ADOPTION AFTER THEY HAVE BEENCLEARED BY OUR TRAINING TEAM AND OUR MEDICAL TEAM. THIS TYPICALLY OCCURS AFTER 1 MONTH OF THE DOGS RESCUE. EVERY DOG IS SPAYED/NEUTERED, MICROCHIPPED AND FULLY VACCINATED AND HEALTHY BEFORE THEY CAN BE ADOPTED. THEY ALSO HAVE TO REACH A CERTAIN LEVEL IN OUR TRAINING PROGRAM BEFORE THEY ARE CLEARED FOR ADOPTION. LEVEL IN OUR TRAINING PROGRAM BEFORE THEY ARE CLEARED FOR ADOPTION.

Program 3

CONTRIBUTION MADE TO 501C3 ORGANIZATION.

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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 $344,805
Program Service Revenue $0
Investment Income $12
Other Revenue $5,666
TOTAL REVENUE $350,483

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $18,142
Program Expenses $254,249
Other Expenses $382,427
TOTAL EXPENSES $382,427

Year-over-Year Comparison

2023 2022 Change
Revenue $350,483 $345,706 +0.0%
Expenses $382,427 $370,369 +0.0%
Net Income $-31,944 $-24,663 +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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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
300

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LETICIA MINKOFF SECRETARY 5.00
Officer
$0 $0 $0
DREW SLONE BOARD MEMBER 5.00
Officer
$0 $0 $0
CEREN GEORGE BOARD MEMBER 5.00
Officer
$0 $0 $0
AFTEN OWENS PRESIDENT 40.00
Officer
$0 $0 $0
ANGELA LAGUER TREASURER 5.00
Officer
$0 $0 $0
AMY COOPER BRILLHART VICE PRESIDENT 5.00
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 $350,483 $382,427 $219,099 $-31,944
2022 $345,706 $370,369 $231,167 $-24,663
2021 $350,561 $283,574 $277,493 $66,987
2020 $394,816 $285,696 $184,486 $109,120
2019 $307,787 $276,552 $82,741 $31,235
2018 $204,667 $176,251 $44,202 $28,416
2018 $210,126 $174,695 $45,356 $35,431
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