OUTER BANKS SPCA INC

EIN: 561590963 501(c)(3) Animal-Related

MANTEO, NC

Total Revenue
$888,543
Total Expenses
$1,040,020
Total Assets
$739,253
Net Assets
$722,191
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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
1988
Legal Domicile
NC
Principal Officer
LAUREL ANN HART
Phone
2524751587
Tax Period
2024-07-01 to 2025-06-30

OUTER BANKS SPCA INC, founded in 1988, is a small nonprofit in the Animal-Related sector that reported $889K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

DARE COUNTY ANIMAL SERVICES, OPERATED BY THE OUTER BANKS SPCA, PROVIDES PROFESSIONAL AND PROGRESSIVE ANIMAL WELFARE ASSISTANCE TO OUR RESIDENTS. OUR FOCUS IS ON PROVIDING QUALITY CARE, RESCUE, REUNIFICATION, AND REHABILITATION TO ALL STRAY, HOMELESS, AND ABANDONED ANIMALS IN DARE COUNTY. WE MAINTAIN EXTRAORDINARY STANDARDS AND ACHIEVE EXCEPTIONAL RESULTS, MAKING OUR ORGANIZATION A WELL RESPECTED RESOURCE FOR RESPONSIBLE PET ADOPTION, OWNERSHIP, SPAY/NEUTER AWARENESS AND ASSISTANCE, EDUCATION, AND RETENTION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $785,021
Program Service Revenue $77,886
Investment Income $21,166
Other Revenue $4,470
TOTAL REVENUE $888,543

Expense Breakdown

Grants Paid $0
Salaries & Benefits $644,248
Fundraising Expenses $30,701
Program Expenses $936,074
Other Expenses $395,772
TOTAL EXPENSES $1,040,020

Year-over-Year Comparison

2024 2023 Change
Revenue $888,543 $948,812 -0.1%
Expenses $1,040,020 $1,087,331 0.0%
Net Income $-151,477 $-138,519 +0.1%
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

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Governance

Voting Members
9
Independent Members
7
Employees
23
Volunteers
50

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY SEYLER MEMBER 1.00
Director
$0 $0 $0
LAURIE AMATUCCI MEMBER 1.00
Director
$0 $0 $0
DEBRA JOHNSON MEMBER 1.00
Director
$0 $0 $0
GALE PERSIL Treasurer 1.00
Director
$0 $0 $0
LAUREL ANN HART President 1.00
Director
$0 $0 $0
KAREN JOHNSON Vice President 1.00
Director
$0 $0 $0
TRACY SWAIN Secretary 1.00
Director
$0 $0 $0
ALI BREAUX MEMBER 1.00
Director
$0 $0 $0
JILL LETTIERI MEMBER 1.00
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
2025 $888,543 $1,040,020 $739,253 $-151,477
2024 $948,812 $1,087,331 $875,541 $-138,519
2023 $857,103 $931,945 $1,041,200 $-74,842
2022 $1,103,697 $761,482 $1,081,620 $342,215
2021 $788,797 $645,222 $815,068 $143,575
2020 $646,866 $515,956 $634,274 $130,910
2019 $649,520 $632,495 $452,935 $17,025
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