Pet Chance Inc
Nonprofit profile at a glance
- EIN
- 461642322
- IRS 990-EZ coverage
- 2013–2013
- Forms available
- Form 990-EZ 2013
- Location
- Northborough, MA, USA
- Phone
- 8554412000
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $48,289
- Expenses
- $40,719
- Assets
- $10,440
- Liabilities
- $4,266
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Peter Alberti (Director & CEO)
People named in this filing
- Peter Alberti (Director & CEO)
- Joseph Kiggen (Director)
- Max Indelicato (Director & CTO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Help pet owners pay for veterinary expenses
What it reported doing in 2013
PetChance.org's niche crowdfunding website helped 122 pet owners from 25 states raise over $44,900 for veterinary expenses, of which nearly $42,000 was paid or is to be paid directly to the veterinary hospitals.
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 100% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 48
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.3%; rating input score 75
- Program expense ratio: 89.3%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.7%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 75.3% of revenue deployed · 89.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $36K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.