Little Traverse Bay Humane Society

Nonprofit profile at a glance

EIN
381384441
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Harbor Springs, MI, USA
Phone
2313472396
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$5,372,361
Expenses
$3,733,523
Assets
$10,157,398
Liabilities
$31,056

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

Leadership & pay

12 people listed

Executive titles in this filing

  • GAYLE MROCZKOWSKI (PRESIDENT)
  • PETER BRIDGES (VICE PRESIDENT)
  • ELISE RAMSEY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DR KATHERINE ZUBRICKY (VETERINARIAN): $138,118 total reported compensation
  • DR DIANE GILDERSLEEVE (VETERINARIAN): $116,957 total reported compensation
  • ELISE RAMSEY (EXECUTIVE DIRECTOR): $98,949 total reported compensation

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

Overview

Mission

Our mission is sustaninably and respectfully serving pets and the people who love them with compassionate, comprehensive and exemplary care.

What it reported doing in 2024

Little traverse bay humane society sustainably and respectfully serves pets and the people who love them with compassionate, comprehensive, and exemplary care. Each year, the organization rescues and finds homes for over 500 animals. The organization provides numerous programs and services to help improve the lives of people and their pets and offers boarding, grooming, daycare, and training services to the public, in addition to a full-service veterinary clinic. Little traverse bay humane society also offers a low-cost spay/neuter program, a pet food pantry, and educational outreach programs to the community.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.7%; rating input score 59
  • Program expense ratio: 80.7%; rating input score 81
  • Fundraising efficiency: $7.91 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 30.5%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 2.72; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 9.5%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: 15.5% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 12.3% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 6.2% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 58.7% of revenue deployed · 80.7% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3M in reported program spending
  • Leadership: top reported pay $138K · 12 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 59/100.
  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.