PUTNAM SERVICE DOGS 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

2016

Legal Domicile

Principal Officer

NANCY TEAGUE

Phone

9174495359

Tax Period

2023-11-01 to 2024-10-31

PUTNAM SERVICE DOGS INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $284K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $273K left a modest 4% surplus.

Mission

PUTNAM SERVICE DOGS, INC. IS A NON-PROFIT ORGANIZATION THAT TRAINS CAREFULLY SELECTED RESCUE DOGS AS SERVICE DOGS FOR PEOPLE WITH PHYSICAL DISABILITIES OTHER THAN BLINDNESS, AND VETERANS WITH PTSD.

Program Service Accomplishments

Program 1

Expenses: $248,665 Revenue: $0

TO TRAIN CAREFULLY SELECTED RESCUE DOGS AS SERVICE DOGS FOR PEOPLE WITH PHYSICAL DISABILITIES OTHER THAN BLINDNESS, AND VETERANS WITH PTSD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $280,631

Program Service Revenue $0

Investment Income $3,292

Other Revenue $0

TOTAL REVENUE $283,923

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $13,849

Program Expenses $248,665

Other Expenses $272,736

TOTAL EXPENSES $272,736

Year-over-Year Comparison

	2023	2022	Change
Revenue	$283,923	$243,741	+0.2%
Expenses	$272,736	$252,404	+0.1%
Net Income	$11,187	$-8,663	-2.3%

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
RANDY HOOPER	DIRECTOR/PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVE BRUEN	DIRECTOR/VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE HERMOZA	DIRECTOR/TREASURER	1.00	Officer Director	$0	$0	$0
NANCY TEAGUE	DIRECTOR/CEO & FOUNDER/SECRETARY	5.00	Officer Director	$0	$0	$0
SEAN FERGUSON	DIRECTOR	1.00	Director	$0	$0	$0
MARTY MCGINNITY	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN HARDING	DIRECTOR	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
2024	$283,923	$272,736	$159,732	$11,187
2024	$284,143	$270,189	$162,500	$13,954
2023	$243,741	$252,404	$171,226	$-8,663
2022	$243,072	$260,807	$130,344	$-17,735
2021	$205,865	$192,165	$133,110	$13,700
2018	$231,043	$116,477	$130,777	$114,566