We Care Animal Rescue Inc (EIN 942864103) - 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

1984

Legal Domicile

Principal Officer

Sean McVity

Phone

7079637044

Tax Period

2024-01-01 to 2024-12-31

We Care Animal Rescue Inc, founded in 1984, is a small nonprofit in the Animal-Related sector that reported $985K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $900K left a modest 9% surplus.

Mission

The organization's primary purpose is to rescue homeless animals and provide boarding and veterinary care until animals are adopted.

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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 $862,068

Program Service Revenue $13,701

Investment Income $108,838

Other Revenue $0

TOTAL REVENUE $984,607

Expense Breakdown

Grants Paid $0

Salaries & Benefits $466,231

Fundraising Expenses $157,014

Program Expenses $552,051

Other Expenses $434,261

TOTAL EXPENSES $900,492

Year-over-Year Comparison

	2024	2023	Change
Revenue	$984,607	$783,108	+0.3%
Expenses	$900,492	$775,600	+0.2%
Net Income	$84,115	$7,508	+10.2%

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

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

$117,007

Total Directors

$117,007

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ashley Armstrong	Executive Dir.	40.00	Officer Director	$113,049	$3,958	$117,007
Robin Ishmael	Treasurer	0.50	Officer Director	$0	$0	$0
Bob Everingham	Director	1.00	Director	$0	$0	$0
Sean McVity	President	1.00	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
2024	$984,607	$900,492	$3,532,844	$84,115
2023	$783,108	$775,600	$3,417,454	$7,508
2022	$790,259	$869,598	$3,369,527	$-79,339
2021	$644,365	$1,060,095	$3,933,221	$-415,730
2020	$1,254,044	$867,383	$4,203,585	$386,661
2019	$629,678	$791,319	$3,709,218	$-161,641
2018	$2,666,590	$699,009	$3,686,616	$1,967,581

We Care Animal Rescue Inc