Pets for Vets Minneapolis-st Paul

Nonprofit profile at a glance

EIN
811003063
IRS 990-EZ coverage
2017–2023
Forms available
Form 990-EZ 2023
Location
Blaine, MN, USA
Phone
6123964267
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Other Services - Specialty Animals

Reported finances

Revenue
$6,163
Expenses
$2,238
Assets
$19,765

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • SUE OULLETTE (DIRECTOR)
  • KENNEY BERGE (CO-DIRECTOR)
  • STEVE OUELLETTE (VETERAN LIAS)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help heal the emotional wounds of military veterans by using the power of the human-animal bond to provide a second chance for shelter animals by rescuing, training and pairing them with america's servicemen and women who could benefit from having a companion animal.

What it reported doing in 2023

We interview veterans to find out what breed of dog would best work for their environment, we hire a professional trainer to also interview the veteran and adopt an animal. The trainer then trains the animal. The animal is chipped in both the veterans name and pets for vets name. After placement, we keep in contact with the veteran to be sure everything is working out ok.

Operating model

Revenue model
Donor-supported. 100% 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 - 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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.3%; rating input score 36
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 63.7%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 8.83; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -15% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 36.2% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 36.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2017 to 2023
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.