PLEASE INC

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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

2006

Legal Domicile

Principal Officer

Marlene Mahipat

Phone

4106558900

Tax Period

2025-01-01 to 2025-12-31

PLEASE INC, founded in 2006, is a micro nonprofit in the Animal-Related sector that reported $62K in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

The mission of PLEASE is to ensure that all animals have the right to live a healthy life and to not be without food, shelter, or protection; and that they do not suffer due to the pet owner's inability to afford to give their pet a comfortable life.

Program Service Accomplishments

Program 1

Expenses: $39,110 Revenue: $0

Care of rescues including renovations to our shelter

Program 2

Expenses: $18,243 Revenue: $0

Food and supplies for rescued and foster home animals and pets of low income pet owners.

Program 3

Expenses: $1,748 Revenue: $0

Expenses to maintain and operate our pet taxi

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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 (2025)

Revenue Breakdown

Contributions & Grants $61,517

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $61,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,224

Other Expenses $61,224

TOTAL EXPENSES $61,224

Year-over-Year Comparison

	2025	2024	Change
Revenue	$61,517	$80,892	-0.2%
Expenses	$61,224	$81,328	-0.2%
Net Income	$293	$-436	-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
Dr Marlene Mahipat	Founder and President	20	Officer Director	$0	$0	$0
Dr Jerry Katz	Vice President	1	Officer Director	$0	$0	$0
Chris Yates	Treasurer	20	Officer Director	$0	$0	$0
Dr Angel Purdy	Board Member	1	Officer Director	$0	$0	$0
Dr Melinda Everhart	Board Member	1	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
2025	$61,517	$61,224	$2,832	$293
2024	$80,892	$81,328	$4,658	$-436
2023	$55,059	$45,881	$4,691	$9,178
2022	$31,480	$32,605	$778	$-1,125
2021	$84,950	$89,019	$1,688	$-4,069
2020	$56,282	$65,955	$6,067	$-9,673