Spay Neuter Network

What it reported doing in 2024

Founded in 2003, spay neuter network (snn) is nationally recognized for its expertise in high-quality, high-volume spay/neuter services. Our mission is accomplished by offering free and affordable high-volume spay/neuter, wellness and vaccination services for dogs and cats in north Texas. Since our founding, we have altered more than 325,000 pets and administered more than 400,000 vaccinations. While we're spaying-neutering, vaccinating, and microchipping pets, we're also building on these programs to make services easier than ever for low-income pet owners to access in order to help save lives and improve live release rates at city and county shelters. We operate three brick-and-mortar clinics located in crandall, fort worth, and dallas, Texas, in areas of town where low-cost services are most needed. We operate mobile spay-neuter and vaccination clinics, which focus on bringing services directly to underserved low-income neighborhoods in north Texas. We provide animal transports to and from more than 35 locations to one of our clinic locations. Our outreach program educates pet owners by going to community events in targeted neighborhoods. Additionally, we offer humane education to north Texas schools to help the next generation become more responsible pet owners. Our pet support and resource center, founded in 2020, seeks to further support pet owners by connecting them with resources and information to help them keep their pets, rehome their pets or find direct rescue placement for their pets. This program is helping to reduce overcrowding in shelters and euthanisia due to space. As our mission states, we are working to eliminate pet overpopulation while helping pet owners learn how to take care of their dogs and cats - and we are always looking for innovative ways to approach this problem. Various programssnn continues to be on the forefront of the many positive changes happening for animals in dallas. Snn is proud to say we have been a catalyst for this success, initiating partnerships with the city of dallas, dallas animal services, city officials, local animal groups and local funders to focus on the kinds of changes we could make for animals in dallas. As a way to support dallas, we spay and neuter community cats that would otherwise end up at the shelters. In 2022, we provided these services for more than 1,700 community cats in dallas, and nearly another 500 for the surrounding areas. All of these cats are spayed/neutered, vaccinated and microchipped before being returned. Our expanded partnerships with local communities has allowed us to microchip more than 105,000 dogs and cats to help low-income pet owners with microchip compliance. This helps the community by increasing the chances a lost dog picked up can be scanned and returned to their owner without ever going to the animal shelter. We've spayed and neutered more than 28,000 dogs through the southern dallas spay/neuter surge project between 2017 and 2022, and we continue to offer low cost services in this service area following the completion of the project. We have provided more than 34,000 free and low-cost services to the fort worth community since opening our clinic in fort worth in 2019. In late 2022, we started our expansion beyond north Texas and into san antonio. We signed a lease and started planning for a clinic to open in early 2023.

Financial Efficiency

• Mission deployment rate: 77.3%; rating input score 77
• Program expense ratio: 87.6%; rating input score 88
• Fundraising efficiency: $8.76 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 5 of 8 controls in place; rating input score 62
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 27.2%; rating input score 83; 83rd percentile among comparable filings
• Total-asset coverage ratio: 2.51; rating input score 69; 69th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 71; 71st percentile among comparable filings
• Officer compensation ratio: 4.4%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: 8.7% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
• Asset growth: 13% per year; rating input score 100; 69th percentile among comparable filings