PetSave Foundation

Nonprofit profile at a glance

EIN
330913364
IRS 990-EZ coverage
2012–2016
Forms available
Form 990 2011, Form 990-EZ 2016
Location
Hawthorne, CA, USA
Phone
3103490310
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$52,278
Expenses
$66,637
Assets
$11,668
Liabilities
$23,355

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Bona L Tucker (President)
  • Rita Storms (Vice President)

People named in this filing

  • Bona L Tucker (President)
  • Rita Storms (Vice President)
  • Robert Kaufman DVM (Director)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Prevention of Cruelty to Animals

What it reported doing in 2016

PetSave Foundation has continued to fulfill its primary mission by rescuing, spaying/neutering, caring for and adopting out abandoned rabbits to new homes. On average, we cared for 100 rabbits within our foster system during 2016. We supplement our income by selling quality animal food, supplies and animal toys to people who adopt from us. We also offer boarding services to rabbit owners as a source of income.We still honor our contractual agreement with previous adopters who change their minds and return the previously adopted rabbits. On occasion we can take in a rabbit from a Good Samaritan who finds a rabbit whose previous owners have abandoned it in an inappropriate situation.For years, there has been an ever increasing population of domestic rabbits that are dumped and continued to reproduce. A group of volunteers took four years and eventually caught and placed all of the rabbits. When a single rabbit is dumped there now, we take that one in so that the population does not blossom again.Overall, our population was about the same at the end of 2016. Any space created by reducing our numbers is used on occasion to house rabbits that are rescued from high kill shelters, or other hazardous situations, but have somewhere else to go. This may be a shelter, rescue organization or sanctuary in another state and is a good way to help these rabbits without assuming long term responsibility for them.Our Foundation continues to provide information and education to prospective pet owners and the general public. We conduct educational tours to groups, focusing our attention on youth groups, such as Girl Scouts, Cub Scouts and associations of home-schooled children and their parents. Visiting our facility provides an effective visual association with the magnitude of the rabbit overpopulation problem that exists as well as the viability of keeping rabbits as indoor pets.During educational tours, we stress the responsibility and commitment necessary before, during and after acquiring any pet. We stress proper care, spay/neutering as pet owner responsibilities and rabbit specific information. We strongly advocate adoption as a better option to purchasing from pet shops and breeders who in our opinion are part of the cause of pet overpopulation.We continue to be a very popular place for high school and college students to volunteer. Some of these students are required to complete a certain number of hours as part of a school curriculum. For those who prefer to work with animals, we provide a unique opportunity for them because often the municipal shelters that mainly house dogs and cats have age requirements that would prevent them from accepting the help of these willing young volunteers. We are happy to make them welcome and to be a positive first volunteer experience for them.Of course, during their volunteer time with us, these young people get an education about respect for animals, the necessity of spaying/neutering their pets, the advantages of adopting vs. purchasing and an overall lesson regarding the scope of the pet overpopulation. We hope to influence the next generation to accept spay/neuter as a basic necessity as well as the value of volunteering as a way of life.We have a long time volunteer that takes care of the rabbits at the Petco store in Santa Clarita, California and has been doing so for many years. She has created a network of contacts in that area and helps local residents with a variety of rabbit issues. In essence, she has become a satellite offshoot of PetSave Foundation, sharing resources whenever feasible while still using our adoption and placement criteria. This is outside of our immediate area, so it is a good way of enhancing our area of effectiveness.We continue to explore any and all options for funding, while being always mindful of frugality in our mission spending. We continue to rely on volunteers for most of our labor. In fact, the local Community College provides us with so many volunteers from t

Operating model

Revenue model
Donor-supported. 96% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 19
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.4%; rating input score 97

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: -27.5%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 2; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.1% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: -63.9% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $65K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2012 to 2016
  • 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 — Sustainability: Operating margin scored 17/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.