Snippet Citrus Inc
Nonprofit profile at a glance
- EIN
- 461924959
- IRS 990-EZ coverage
- 2018–2019
- Forms available
- Form 990 2017, Form 990-EZ 2019
- Location
- Homosassa, FL, USA
- Phone
- 3525033237
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Animal-Related N.E.C.
Reported finances
- Revenue
- $66,263
- Expenses
- $48,504
- Assets
- $51,667
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MARY LEE JOHNSON (PRESIDENT)
People named in this filing
- MARY LEE JOHNSON (PRESIDENT)
- MARY ALICE BAUMAN (TREASURER)
- PAT LAMERY (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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To raise funds to provide quality, low cost spay/neuter services for citrus county pet owners who qualify for financial assistance. To educate the public on the importance of spaying and neutering their pets.
What it reported doing in 2019
The organization provided financial assistance for pet owners to spay and neuter their pets.
Operating model
- Revenue model
- Donor-supported. 77% 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 available resources goes toward mission work. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 92
- Sustainability: 58
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.2%; rating input score 64
- Program expense ratio: 87.6%; rating input score 88
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 26.8%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 47; 47th 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: -69% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 64.2% of revenue deployed · 87.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $43K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2018 to 2019
- 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.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.