BEST FRIENDS OF PETS INC

EIN: 731459939 501(c)(3)

OKLAHOMA CITY, OK

Total Revenue
$84,908
Total Expenses
$175,692
Total Assets
$91,166
Net Assets
$77,271
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
OK
Principal Officer
KIM SCHLITTLER
Phone
4054188511
Tax Period
2023-01-01 to 2023-12-31

BEST FRIENDS OF PETS INC, founded in 1994, is a micro nonprofit that reported $85K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $176K exceeded revenue, resulting in a 107% operating deficit.

Mission

THE MISSION OF BEST FRIENDS OF PETS IS TO REDUCE PET OVERPOPULATION AND KEEP PETS IN THEIR HOMES. BEST FRIENDS OF PETS PROVIDES AFFORDABLE AND ACCESSIBLE SPAYING AND NEUTERING, ENGRAVED PET ID TAGS AND INFORMATION ABOUT PET CARE.

Program Service Accomplishments

Program 1
Expenses: $172,796 Revenue: $27,091

BEST FRIENDS OF PETS' SPAY NEUTER ASSISTANCE PROGRAM PROVIDES AFFORDABLE AND ACCESSIBLE SPAYING AND NEUTERING FOR PET PARENTS WITH LIMITED INCOME THROUGHOUT CENTRAL OKLAHOMA. COST IS OFTEN THE...

Read more

BEST FRIENDS OF PETS' SPAY NEUTER ASSISTANCE PROGRAM PROVIDES AFFORDABLE AND ACCESSIBLE SPAYING AND NEUTERING FOR PET PARENTS WITH LIMITED INCOME THROUGHOUT CENTRAL OKLAHOMA. COST IS OFTEN THE BIGGEST REASON WHY PETS ARE NOT SPAYED OR NEUTERED, WHICH CONTRIBUTES TO THE PET OVERPOPULATION PROBLEM OF TOO MANY HOMELESS CATS AND DOGS IN OUR COMMUNITY AND THE EUTHANASIA OF CATS AND DOGS AT MUNICIPAL ANIMAL SHELTERS AT CONSIDERABLE COST TO TAXPAYERS. OUR PROGRAM PROVIDES SUBSIDIZED ASSISTANCE TO PET PARENTS WHO ARE UNABLE TO AFFORD SPAY NEUTER FEES AT REGULAR VETERINARY CLINICS. WE WORK WITH 20 VETERINARY AND NONPROFIT CLINICS THROUGHOUT CENTRAL OKLAHOMA TO REDUCE THE DISTANCES PET PARENTS MUST TRAVEL FOR OUR SERVICES BECAUSE TRANSPORTATION IS OFTEN A PROBLEM FOR PEOPLE WITH LIMITED INCOME. EACH YEAR MORE THAN 6,OOO CATS AND DOGS ARE EUTHANIZED AT AREA ANIMAL SHELTERS, AND ABOUT 30% OF THOSE EUTHANIZED ARE PUPPIES AND KITTENS. SPAYING AND NEUTERING ELIMINATES THIS NEEDLESS LOSS OF PUPPY AND KITTEN LIVES, REDUCES OR ELIMINATES MANY BEHAVIOR ISSUES THAT CAUSE PEOPLE TO SURRENDER THEIR PETS, REDUCES ROAMING AND ANIMAL BITES THAT ARE DANGERS TO OUR COMMUNITIES, AND PREVENTS CERTAIN CANCERS AND INFECTIONS THAT CAN CAUSE A PET'S DEATH AND HEARTACHE FOR PET PARENTS WHO DO NOT HAVE THE RESOURCES TO TREAT THEIR PETS. A RECORD 1,754 CATS AND DOGS WERE SPAYED OR NEUTERED THROUGH BEST FRIENDS OF PETS' SPAY NEUTER ASSISTANCE PROGRAM, PREVENTING THE BIRTH OF NEARLY 7,200 UNPLANNED PUPPIES AND KITTENS AND PREVENTING THOUSANDS FROM BECOMING HOMELESS. EXECUTIVE DIRECTOR KIM SCHLITTLER IS A FULL-TIME VOLUNTEER FOR BEST FRIENDS OF PETS.

Program 2
Expenses: $376 Revenue: $90

BEST FRIENDS OF PETS PROVIDES ENGRAVED ID TAGS SO PETS MAY BE QUICKLY REUNITED WITH THEIR FAMILIES IF THEY BECOME LOST. LOCAL ANIMAL SHELTERS HOLD UNTAGGED PETS AS FEW AS THREE DAYS, AND MANY...

Read more

BEST FRIENDS OF PETS PROVIDES ENGRAVED ID TAGS SO PETS MAY BE QUICKLY REUNITED WITH THEIR FAMILIES IF THEY BECOME LOST. LOCAL ANIMAL SHELTERS HOLD UNTAGGED PETS AS FEW AS THREE DAYS, AND MANY SHELTERS SCAN PETS AS THEY ENTER THE SHELTER. PETS WITH VISIBLE ID TAGS OR THAT ARE MICROCHIPPED ARE USUALLY HELD A FEW DAYS LONGER. PEOPLE WHO FIND A PET WITHOUT A TAG ARE NOT AS LIKELY TO HELP THAT PET AS THEY WOULD ONE WITH IDENTIFICATION BECAUSE THEY FEAR HAVING TO TAKE CARE OF THE PET FOR AN EXTENDED TIME OR FIND A NEW HOME. MANY PEOPLE THINK OWNERS WHO DO NOT PUT TAGS ON COLLARS MUST NOT WANT PETS BACK IF THEY BECOME LOST.

Program 3
Expenses: $1,795 Revenue: $0

PETS FOR LIFE, A PROGRAM OF THE HUMANE SOCIETY OF THE UNITED STATES, PROVIDES FREE VETERINARY CARE, SERVICES AND INFORMATION TO PEOPLE AND THEIR PETS IN COMMUNITIES WITH LIMITED OR NO ACCESS TO PET...

Read more

PETS FOR LIFE, A PROGRAM OF THE HUMANE SOCIETY OF THE UNITED STATES, PROVIDES FREE VETERINARY CARE, SERVICES AND INFORMATION TO PEOPLE AND THEIR PETS IN COMMUNITIES WITH LIMITED OR NO ACCESS TO PET WELLNESS RESOURCES. THIS GROUNDBREAKING APPROACH OPENS DOORS AND BUILDS RELATIONSHIPS IN UNDERSERVED COMMUNITIES THROUGH STRATEGIC, POSITIVE COMMUNITY ENGAGEMENT. THIS PROGRAM IS MADE POSSIBLE BY A GRANT FROM THE OKLAHOMA CITY COMMUNITY FOUNDATION. PFL FOCUSES ON OKLAHOMA CITY ZIP CODES 73111 AND 73114, WHICH ARE PET RESOURCE DESERTS (NO VETERINARY CLINICS OR BIG STORES). BY PROVIDING RESIDENTS WITH ACCESS TO SPAY/NEUTER, BASIC PET WELLNESS CARE, SUPPLIES AND INFORMATION FOR THEIR PETS, WE ARE ADDRESSING THE CRITICAL LACK OF ACCESSIBLE, AFFORDABLE PET CARE IN KEEPING PETS HEALTHY AND HAPPY IN HOMES THEY ALREADY HAVE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $57,718
Program Service Revenue $27,181
Investment Income $2
Other Revenue $7
TOTAL REVENUE $84,908

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $174,967
Other Expenses $175,692
TOTAL EXPENSES $175,692

Year-over-Year Comparison

2023 2022 Change
Revenue $84,908 $110,847 -0.2%
Expenses $175,692 $123,954 +0.4%
Net Income $-90,784 $-13,107 +5.9%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
8

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL SCHLITTLER PRESIDENT 0
Officer Director
$0 $0 $0
LESLIE BILLETTER VICE PRESIDENT 0
Officer Director
$0 $0 $0
MELISSA PROPHET TREASURER 0
Officer Director
$0 $0 $0
KAREE PYEATT SECRETARY 0
Officer Director
$0 $0 $0
KIM SCHLITTLER EXECUTIVE DIRECTOR 30
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
2023 $84,908 $175,692 $91,166 $-90,784
2022 $110,847 $123,954 $175,481 $-13,107
2021 $113,474 $90,119 $195,280 $23,355
2020 $104,978 $83,730 $160,495 $21,248
2019 $152,138 $77,298 $144,433 $74,840
2018 $109,365 $129,643 $66,112 $-20,278
2017 $96,521 $115,765 $90,385 $-19,244
Explore More Nonprofits
Top 100 Nonprofits in Oklahoma Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BEST FRIENDS OF PETS INC with other nonprofits in Oklahoma and across the country.