PETS INC OF THE MIDLANDS (EIN 570950870) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

Renee L McMurray

Phone

8037399333

Tax Period

2024-01-01 to 2024-12-31

PETS INC OF THE MIDLANDS, founded in 1991, is a community nonprofit in the Animal-Related sector that reported $2.9M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

Rescue, spay and neuter, place dogs and cats in responsible homes. Additionally, microchip dogs and cats, vaccinate and perform heartworm and feline tests in 2024.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $599,003

Program Service Revenue $2,103,732

Investment Income $0

Other Revenue $192,928

TOTAL REVENUE $2,895,663

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,204,917

Fundraising Expenses $343,734

Program Expenses $2,193,179

Other Expenses $762,656

TOTAL EXPENSES $2,967,573

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,895,663	$3,598,981	-0.2%
Expenses	$2,967,573	$3,545,946	-0.2%
Net Income	$-71,910	$53,035	-2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

154

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

$288,604

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Renee McMurray	President	40	Officer	$182,000	$0	$182,000
Reid Barrett	CEO	40	Officer	$106,604	$0	$106,604
Nathaniel Land	Director	0	Director	$0	$0	$0
Rhonda McCurray	DIRECTOR	0	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	No data	No data	No data	No data
2024	$2,895,663	$2,967,573	$1,829,304	$-71,910
2023	$3,598,981	$3,545,946	$1,835,785	$53,035
2022	$2,815,139	$2,923,444	$1,927,956	$-108,305
2021	$2,259,546	$2,495,485	$1,924,614	$-235,939
2020	$2,593,675	$2,076,983	$2,028,708	$516,692

PETS INC OF THE MIDLANDS