Pets for Vets-southeast Michigan Chapter
Nonprofit profile at a glance
- EIN
- 471719994
- IRS 990-EZ coverage
- 2017–2018
- Forms available
- Form 990-EZ 2018, Form 990-N 2016
- Location
- Birmingham, MI, USA
- Phone
- 2485927592
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $91,695
- Expenses
- $13,364
- Assets
- $189,124
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Laurie A Carr (Chapter Director)
- Jamie F Standring (Treasurer)
- Sandra MacDonald (Board Member)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This nonprofit organization is organized and operated exclusively for charitable purposes within the meaning of 501(c3) of the Internal Revenue Code. This charitable organization adopts and trains shelter/rescue dogs to serve as companion animals for veterans. The organization also provides guidance to the veterans on how to handle and care for their dogs. There are no out-of-pocket costs to the veterans. All activities are supported by donations and grants.
What it reported doing in 2018
This nonprofit organization is organized and operated exclusively for charitable purposes within the definition of 501(c3) of the Internal Revenue Code. This charitable organization adopts and trains shelter/rescue animals to serve as companions for veterans. There are no out-of-pocket costs to the veterans: each match comes with pet supplies (i.e., food, preventative medications, coverage for first veterinary visit, toys, etc.) and training of the veteran on how to care for his/her new companion. All activities are supported by donations. Only one veteran-pet match was completed in 2018, even less than in 2017. This is in large part due to ongoing challenges in the vetting process mandated by the national organization for trainers. Thus, our chapter had to place many applications on hold while we continued to search for trainers that fit the requirements. Nevertheless, as awareness of the organization and its mission has spread, several community organizations and businesses held fundraisers on our behalf. We attended an event held by Blue Water Eagle Riders which raised funds for our chapter. Freestar Financial & Winter of the Beard also raised funds for our chapter. The Pets for Vets program also promises that training and other support will be provided for the duration of the veteran-animal relationship; as such, we continued our activities to support veterans already in the program including check-ins, helping with veterinary visits and providing supplemental training sessions.
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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 100
- Sustainability: 89
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.6%; rating input score 6
- Program expense ratio: 38.5%; rating input score 39
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 85.4%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 14.15; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 27.5% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 52.2% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 5.6% of revenue deployed · 38.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2017 to 2018
- 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.
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 — Financial Efficiency: Mission deployment rate scored 6/100.
- Moderate — Financial Efficiency: Program expense ratio scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.