FARMASTE ANIMAL SANCTUARY INC (EIN 814117401) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

Kelly Tope

Phone

6513036003

Tax Period

2024-01-01 to 2024-12-31

FARMASTE ANIMAL SANCTUARY INC, founded in 2016, is a small nonprofit in the Animal-Related sector that reported $194K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $73K, a strong 38% operating margin.

Mission

At Farmaste, we offer rescue, rehabilitation and a safe haven to abused, injured, and unwanted farmed animals. This is done while educating the community about the cruelty farmed animals face, and allowing them to see our residents as individuals with unique personalities such that people will value them and treat them with respect and kindness.

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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 (2024)

Revenue Breakdown

Contributions & Grants $193,913

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $193,913

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $120,928

Other Expenses $120,928

TOTAL EXPENSES $120,928

Year-over-Year Comparison

	2024	2023	Change
Revenue	$193,913	$208,061	-0.1%
Expenses	$120,928	$193,893	-0.4%
Net Income	$72,985	$14,168	+4.2%

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
Kelly Tope	President	30	Officer	$0	$0	$0
Shannon Kehle-Forbes	Vice President	20	Officer	$0	$0	$0
Sam Meister	Secretary	60	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	$193,913	$120,928	$633,393	$72,985
2023	$208,061	$193,893	$638,876	$14,168
2022	$243,633	$240,871	$642,516	$2,762
2021	$244,872	$258,734	$638,974	$-13,862
2020	$219,554	$116,828	$225,066	$102,726

FARMASTE ANIMAL SANCTUARY INC