Pit Stop Ferret Center

Nonprofit profile at a glance

EIN
881890535
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023
Location
Mint Hill, NC, USA
Phone
7042519949
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$13,599
Expenses
$10,708
Assets
$5,636
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Janie Norton (President)
  • Kristina Schmitz (Vice President)

People named in this filing

  • Janie Norton (President)
  • Kristina Schmitz (Vice President)
  • Michele Mattioli (Secretary)

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 provide quality care for ferrets in need during a pit stop on the journey to their forever home.

What it reported doing in 2023

37 intakes (3 stray, 27 owner surrender, 7 rescue transfer); 31 Adoptions (Cocoa, Marshmallow, Ash, Chester, Skitz, Alfredo, Weazy, Luna, Olive, Francis, Ginger, Pickles, Remmy, Otto, Miso, Izzy, Molly, Pearl, Jupiter, Neptune, Smoky, Lulu, Smore, Jada, Goose, Lyra, Fang, Slim Jim, Lucy, Charley, and Gail); 10 Direct Placements

Operating model

Revenue model
Donor-supported. 75% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • 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: 21.3%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 103.5% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 75.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 69% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 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 — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.