Civic Intelligence

Paws and Stripes Inc

990 • Fiscal year 2017 • EIN 27-2908352

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 20, 2018

617 Truman Street NEAlbuquerque, NM 87110

(505) 999-1201

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • NTEE D • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

0.42x

Higher debt load relative to revenue than 87% of similar nonprofits.

2017 filings • NTEE D • $1M-$5M nonprofits • Source year 2017

Net Margin

84th percentile

41%

Higher net margin than 84% of similar nonprofits.

2017 filings • NTEE D • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$55,000

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2017 filings • NTEE D • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$3,490,928

No earlier filing loaded for comparison.

Net Assets

$2,943,475

No earlier filing loaded for comparison.

Liabilities

$547,453

No earlier filing loaded for comparison.

Revenue

$1,290,529

No earlier filing loaded for comparison.

Expenses

$760,658

No earlier filing loaded for comparison.

Net Income

$529,871

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2017: $3,490,928Liabilities 2017: $547,453Net Assets 2017: $2,943,4752017Assets 2018: $4,312,708Liabilities 2018: $539,869Net Assets 2018: $3,772,8392018Assets 2019: $3,652,036Liabilities 2019: $33,183Net Assets 2019: $3,618,8532019Assets 2020: $3,401,462Liabilities 2020: $143,225Net Assets 2020: $3,258,2372020Assets 2021: $3,419,674Liabilities 2021: $86,581Net Assets 2021: $3,333,0932021Assets 2022: $3,280,317Liabilities 2022: $82,735Net Assets 2022: $3,197,5822022Assets 2023: $3,285,241Liabilities 2023: $59,681Net Assets 2023: $3,225,5602023Assets 2024: $3,190,311Liabilities 2024: $79,197Net Assets 2024: $3,111,1142024

Highlighted filing

2017

Assets$3,490,928
Liabilities$547,453
Net Assets$2,943,475

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2017: $1,290,529Expenses 2017: $760,658Net Income 2017: $529,8712017Revenue 2018: $1,668,917Expenses 2018: $839,553Net Income 2018: $829,3642018Revenue 2019: $866,619Expenses 2019: $1,020,605Net Income 2019: -$153,9862019Revenue 2020: $570,299Expenses 2020: $934,261Net Income 2020: -$363,9622020Revenue 2021: $1,029,797Expenses 2021: $988,497Net Income 2021: $41,3002021Revenue 2022: $1,117,697Expenses 2022: $1,167,312Net Income 2022: -$49,6152022Revenue 2023: $1,209,280Expenses 2023: $1,187,950Net Income 2023: $21,3302023Revenue 2024: $1,486,303Expenses 2024: $1,704,636Net Income 2024: -$218,3332024

Highlighted filing

2017

Revenue$1,290,529
Expenses$760,658
Net Income$529,871
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 20, 2018
Return Version
2017v2.2
Gross Receipts
$1,329,257
Mission and Program Overview

Mission

To provide animal assisted therapy and other mental health services to military veterans and their loved ones living with service-connected trauma.

To assist u.s. Military veterans with post-traumatic stress disorder (ptsd) and traumatic brain injury (tbi) as well as local shelter dogs by providing integrative service dog training and mental health support to veterans and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$556,979$1,549,777▲ $992,798
Cash and Non-Interest-Bearing Accounts$1,232,250$1,210,015▼ $22,235
Savings and Temporary Cash Investments$547,194$556,242▲ $9,048
Pledges and Grants Receivable-$95,156-
Accounts Receivable$50,975$59,628▲ $8,653
Inventories for Sale or Use$3,527$13,862▲ $10,335
Intangible Assets$8,500$6,248▼ $2,252
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,400,425$3,490,928▲ $1,090,503
Other Assets Total$1,000$0▼ $1,000
Liabilities
Mortgage Notes Payable Secured by Investment Property-$499,600-
Accounts Payable and Accrued Expenses$9,697$47,853▲ $38,156
Total Liabilities$9,697$547,453▲ $537,756
Net Assets / Fund Balance
Unrestricted Net Assets$2,305,536$2,923,475▲ $617,939
Temporarily Rstr Net Assets$85,192$20,000▼ $65,192
Total Net Assets Fund Balance$2,390,728$2,943,475▲ $552,747
Total Liabilities and Net Assets / Fund Balance$2,400,425$3,490,928▲ $1,090,503

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,153,837$16,637$1,170,474
Land$337,849-$337,849
Equipment$17,278$54,511$71,789
Leasehold Improvements$40,813$6,736$47,549
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lindsey KayCEOFT$55,000$55,000

Board Members and Trustees

NameTitle
Pamela WeeseChairman
Tim EvansVice President
Ben LewingerDirector
John DuboisDirector
Meaghan CavanaughDirector
Patricia Barger JdDirector
Jessa HuybrechtsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,264,581
Program Service Revenue
$0
Investment Income
$5,117
Other Revenue
$20,831
All Other Contributions
$656,397
Change in Net Assets
$529,871

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,290,529
Total Revenue per Audited Statements
$1,290,529
Total Revenue per Form 990
$1,290,529
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$454,120
Other Expenses$287,335
Total Fundraising Expense$107,991
Professional Fundraising Fees$19,203
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$242,109$50,130$53,505$345,744
Occupancy$51,778$2,065$2,345$56,188
Current Officers, Directors, Trustees, and Key Employees$38,514$7,974$8,512$55,000
Payroll Taxes$35,492$7,883$10,001$53,376
Fees for Services Accounting-$44,409-$44,409
Office Expenses$28,817$3,088$2,401$34,306
Fees for Services Other$25,904$292-$26,196
Depreciation Depletion$19,172$2,708$2,093$23,973
Fees for Services Professional Fundraising--$19,203$19,203
Insurance$11,595$1,450$1,450$14,495
Conferences and Meetings$9,834$615$1,844$12,293
All Other Expenses$8,687$164$2,990$11,841
Fees for Services Legal$6,975$3,600-$10,575
Interest$6,196--$6,196
Other Expenses$5,733-$12$5,733
Information Technology$4,341$543$543$5,427
Advertising$2,283$22$3,092$5,397
Total Functional Expenses$527,724$124,943$107,991$760,658

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$760,658
Total Expenses per Audited Statements$760,658
Total Expenses per Form 990$760,658
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$49,376
Fundraising Direct Expenses$34,798
Professional Fundraising Fees$19,203

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Celebration of Heroes$51,463$44,557$24,785$19,772
Total Events$51,463$44,557$24,785$19,772
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is provided to the governing body members for review and approval prior to the return being filed.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Board reviews and approves compensation for ceo and ceo reviews and approves compensation for employees.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy, financial statements, and tax return are made available upon request.

Filing and Contact Details

Filer

Filer Name
Paws and Stripes Inc
EIN
27-2908352
Phone
5059991201
Address
617 TRUMAN STREET NE, ALBUQUERQUE, NM 87110

Signing Officer

Name
Pamela Weese
Title
Chairman
Phone
5059991201
Signed
2018-07-20
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
22
Volunteers
250

Preparer

Firm
Cordova CPAs LLC
Address
1109 El Alhambra NW, Albuquerque, NM 87107
Preparer
Robert Cordova
Phone
5052649794
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

Board of directors oversees the selection process ultimately approves the financial statement auditors.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is a not-for-profit corporation and has been recognized as tax exempt pursuant to Sec. 501(c)(3) of the Internal Revenue Code. The Organization has adopted accounting principles generally accepted in the United States of America, as they relate to uncertain tax positions, and has evaluated its tax positions taken for open tax years. Currently, the 2014, 2015 and 2016 tax years are open and subject to examination. The Organization believes that all activities and transactions are within their tax-exempt purpose, and that there are no uncertain tax positions.

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IRS990/OccupancyGrp/ManagementAndGeneralAmt02065
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IRS990ScheduleD/EquipmentGrp/BookValueAmt017278
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