FORTY CORNERS ANIMAL RESCUE INC (EIN 850779065) - 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

2020

Legal Domicile

Principal Officer

WILLIAM RUDNER

Phone

3308323821

Tax Period

2023-01-01 to 2023-12-31

FORTY CORNERS ANIMAL RESCUE INC, founded in 2020, is a small nonprofit that reported $289K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

FORTY CORNERS ANIMAL RESCUE IS DEDICATED TO IMPROVING AND SAVING THE LIVES OF DOGS AND CATS WHO HAVE BEEN LEFT AT HIGH KILL SHELTERS, RURAL SHELTERS OR THOSE LIVING IN DANGEROUS OR UNHEALTHY CONDITIONS. WE ARE ABLE TO PROVIDE A NURTURING HOME, TRAINING, VET CARE, SPAY/NEUTER SERVICES AND ADOPTION WITH THE SUPPORT OF OUR DONORS AND THROUGH OUR NETWORK OF STAFF AND COMMUNITY VOLUNTEERS SO THAT ANIMALS IN OUR CARE WILL LIVE THEIR LIVES IN AN ENVIRONMENT OF LOVE AND COMPASSION UNTIL THEY FIND THEIR FOREVER HOME.

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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 $265,140

Program Service Revenue $32,007

Investment Income $-7,937

Other Revenue $0

TOTAL REVENUE $289,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,218

Fundraising Expenses $0

Program Expenses $292,710

Other Expenses $121,492

TOTAL EXPENSES $294,710

Year-over-Year Comparison

	2023	2022	Change
Revenue	$289,210	$221,762	+0.3%
Expenses	$294,710	$222,275	+0.3%
Net Income	$-5,500	$-513	+9.7%

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

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
MICHAEL FARINA	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT SANDROCK	DIRECTOR	0.50	Director	$0	$0	$0
NANCY FARINA	DIRECTOR	10.00	Director	$0	$0	$0
WILLIAM RUDNER	CFO	0.50	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	No data	No data	No data	No data
2023	$289,210	$294,710	$8,098	$-5,500
2022	$221,762	$222,275	$13,598	$-513

FORTY CORNERS ANIMAL RESCUE INC