Friends For Pets Foundation

EIN: 954098708 501(c)(3)

Chatsworth, CA

Total Revenue
$3
Total Expenses
$10,904
Total Assets
N/A
Net Assets
N/A
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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
1986
Legal Domicile
DE
Principal Officer
Torin Monahan
Phone
9192824800
Tax Period
2022-07-01 to 2023-06-30

Friends For Pets Foundation, founded in 1986, is a micro nonprofit that reported $3 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $11K exceeded revenue, resulting in a 363367% operating deficit.

Mission

Provide veterinary grants for non-profit rescues in need

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3

Expense Breakdown

Grants Paid $10,589
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,589
Other Expenses $315
TOTAL EXPENSES $10,904

Year-over-Year Comparison

2022 2021 Change
Revenue $3 $5,184 -1.0%
Expenses $10,904 $678,304 -1.0%
Net Income $-10,901 $-673,120 -1.0%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
10

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LaVonne Rodstein Vice-President 0.0
Officer Director
$0 $0 $0
Gail McKenzie Advisory 0.0
Director
$0 $0 $0
Charmaine Chastain Advisory 0.0
Director
$0 $0 $0
Torin Monahan Chief Executive 1.0
Director
$0 $0 $0
Suzanne Fourmique Advisory 0.0
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 $3 $10,904 No data $-10,901
2022 $5,184 $678,304 $10,901 $-673,120
2021 $16,230 $45,737 $684,021 $-29,507
2020 $293,533 $51,226 $713,528 $242,307
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