Florida Keys Society for the Prevention of Cruelty to Animals Inc

What it reported doing in 2024

FKSPCA provides Animal Control services, cruelty investigations and adoption programs to the citizens of the Lower Florida Keys. The costs to fulfil the requirements of the County Contract in 2024 were $2,780,155 in program expenses. The Contract costs not covered by the fees received from the County resulted in a approximate shortfall of $1,337,948 that was covered with donations from the public and fundraising events. Donations and fundraising from the public also cover all the other general shelter costs in this program. Total costs for all other sections of this program, including Oscar's fund medical, total $308,850Donations from the public for Oscar's Fund cover extraordinary medical bills for shelter animals that would not otherwise be possible. In 2024, Oscar's Fund paid out $3,754 and received $3,567 in donations. During 2024, 480 animals were surrendered by their owners and 914 animals (including 159 wildlife animals) were picked up or brought to the shelter as lost or strays. Of the 1,394 animals picked up or brought in, 189 were dead on arrival or died. During 2024, a total of 622 animals were adopted out to new homes or transferred to specialty rescues and 381 were reunited with their owners. The FKSPCA live release rate for 2024 was 94.0% The FKSPCA's Safe Haven program offers temporary housing for pets belonging to individuals in crisis situations such as emergency hospitalization or escaping domestic abuse. This service is provided free of charge.To encourage the adoption of older animals, the FKSPCA has two programs to encourage adoption of senior pets. A 6/60 program matches senior adopters (over 60 years of age)with pets over 6 years of age with no adoption fees. Adoption costs are covered by general donations. The Golden Paw Project highlights qualifying pets 8 years old or greater and makes those pets available with no adoption fees, discounted clinic services and one year free vaccines, exam and flea, tick and heartworm prevention.Other services available to the citizens of the Lower Keys under this program service include: low cost microchipping, behavioral counseling, owner requested end of life services for pets, and volunteering in various capacities for the shelter.Educational programs are a part of this program service.The FKSPCA plans more community outreach and education programs. Programs began in 2019 to work with schools and other non-profit organizations. The programs continue to be successful.

Financial Efficiency

• Mission deployment rate: 81.1%; rating input score 81
• Program expense ratio: 91.8%; rating input score 92
• Fundraising efficiency: $8.62 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 92.9%; rating input score 93; 23rd percentile among comparable filings
• Governance controls: 6 of 7 controls in place; rating input score 86
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 11.7%; rating input score 66; 66th percentile among comparable filings
• Total-asset coverage ratio: 3.18; rating input score 75; 75th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 5.2%; rating input score 52; 52nd percentile among comparable filings

Growth

• Program expense growth: 13.7% per year; rating input score 100; 75th percentile among comparable filings
• Revenue growth: 10.8% per year; rating input score 100; 71st percentile among comparable filings
• Asset growth: 3.1% per year; rating input score 100; 25th percentile among comparable filings