Bluepearl Cares Inc

Nonprofit profile at a glance

EIN
934369894
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Tampa, FL, USA
Phone
3607847866
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$1,097,028
Expenses
$1,011,285
Assets
$148,895
Liabilities
$59,827

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KIM VAN SYOC (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KIM VAN SYOC (EXECUTIVE DIRECTOR): $48,986 total reported compensation
  • ALISON BENNINGER (DIRECTOR OF FINANCE): $24,436 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bluepearl cares is a 501(c)(3) nonprofit charity providing grants and programs that impact the lives of pets needing specialty or emergency care, expanding to the most vulnerable in rural communities, veterinary deserts and urban centers.

What it reported doing in 2024

Bluepearl cares' primary areas of program focus during the year ended december 31, 2024 were as follows: grant programs: bluepearl cares grant programs support animal welfare organizations working to provide emergency and specialty care to pets in need. All applicants must be nonprofit organizations with proof of 501(c)(3) status and operating programs that deliver assistance to companion animals within the united states.continued on schedule o.cares care corps: a travel support program for bluepearl veterinarians and credentialed veterinary technicians, deploying emergency and specialty veterinary teams to help provide high-quality care in under-resourced communities as well as support communities in crisis.hope funds: hope funds program offers financial assistance for income-qualified pet owners whose pet is suffering from an immediate life-threatening condition. Please contact your local bluepearl hospital for more information and eligibility.veterinary medical equipment grants: veterinary medical equipment grants serve to elevate high-quality veterinary care for owned and shelter pets across animal welfare organizations and non-profit partners. Funding to nonprofit animal organizations and local/state government agencies helps with the purchase of veterinary medical equipment for on-site animal shelter veterinary clinics, low-cost veterinary practices, mobile veterinary units, disaster relief vehicles, etc.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 89
  • Accountability: 86
  • Sustainability: 37
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.6%; rating input score 81
  • Program expense ratio: 87.4%; rating input score 87
  • Fundraising efficiency: $12.19 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.2%; rating input score 99; 48th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.8%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 7.3%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 80.6% of revenue deployed · 87.4% of spending went to programs
  • Governance: 3 of 3 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $884K in reported program spending
  • Leadership: top reported pay $49K · 5 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 9 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.