Snip and Tip Inc

Nonprofit profile at a glance

EIN
854132897
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023, Form 990-N 2020
Location
Killeen, TX, USA
Phone
2547807951
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Reported finances

Revenue
$76,550
Expenses
$74,180
Assets
$3,686
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Victoria Killebrew (Director, President)
  • Cody Courtain (CEO, previous Director, President)

People named in this filing

  • Victoria Killebrew (Director, President)
  • Kathryn Dubroc (Director, Sercetary)
  • Courtney Miller (Director, Treasurer)

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

Snip and Tip Inc is organized and operated exclusively for the prevention of cruelty to animals, as well as for charitable scientific and educational purposes within the meaning of Sec. 501(c)(3) of IRC of 1986, or corresponding section of any future federal tax code.

What it reported doing in 2023

The second largest program at Snip and Tip Inc during 2023 was to provide housing and transportation services in connection with the spaying/neutering and veterinary care. The nonprofit rented a heated and cooled space for housing the animals before and after surgery (1-3 days depending on medical order by veterinarian) and provided transportation from their trapping location, to housing facility, to surgery and back. This program was partly done by volunteers in the beginning of the year, however, as the program grew, it needed to be expanded and provided funds for, totaling $33,147.85. In the future the nonprofit is planning to purchase its own facility that would serve partially for this housing purpose as well.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 100
  • Sustainability: 42
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.2%; rating input score 91
  • Program expense ratio: 94.1%; rating input score 94

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: 3.1%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 8; 8th 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: -16.9% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -17.1% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -24.8% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 91.2% of revenue deployed · 94.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $70K 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: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.