LOVE PIT The Love Pit
Nonprofit profile at a glance
- EIN
- 475439776
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017, Form 990-T 2024, Form 990-N 2016
- Location
- Dallas, TX, USA
- Phone
- 2145872176
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $402,836
- Expenses
- $424,806
- Assets
- $178,785
- Liabilities
- $7,786
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Aften Bell (President and Executive Director)
- Amy Cooper Brillhart (Vice President)
Highest reported compensation
- Aften Bell (President and Executive Director): $21,923 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Love Pit is a 501c3 foster-based rescue on a mission to "Save The Pit Bull" through rescue, rehabilitation, training, and advocacy.
What it reported doing in 2024
Foster & adoptions: foster: each dog in our rescue is placed in a foster home where they learn to become a good pet for a future family. During this time, we all work very hard to not only ensure the dog is medically rehabilitated but also evaluated for behavior and set up with a custom training plan. The foster parent is responsible for taking their foster dog to our weekly training classes and monthly adoption events until the dog has been adopted. Adoptions: each dog in our rescue is placed up for adoption after they have been cleared by our training team and our medical team. This typically occurs after 1 month of the dog's rescue. Every dog is spayed/neutered, microchipped and fully vaccinated and healthy before they can be adopted. They also have to reach a certain level in our training program before they are cleared for adoption.
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- 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.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 86
- Accountability: 79
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.8%; rating input score 69
- Program expense ratio: 64.5%; rating input score 65
- Fundraising efficiency: $82.08 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 25th 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: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.5%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 9.1% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 10.4% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 21.1% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 68.8% of revenue deployed · 64.5% of spending went to programs
- Governance: 6 of 6 board members independent · 4 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $274K in reported program spending
- Leadership: top reported pay $22K · 6 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 7 not reported.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.