Civic Intelligence

Pet Project Foundation Inc.

990 • Fiscal year 2016 • EIN 33-0030634

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 27, 2016

PO Box 5678San Clemente, CA 92674

(949) 595-8899

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

31st percentile

-4.0%

Higher net margin than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

34th percentile

-2.2%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

67%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,701,612

Down $38,063 (-2.2%) from 2015

Net Assets

Down

$1,692,425

Down $12,206 (-0.7%) from 2015

Liabilities

Down

$9,187

Down $25,857 (-74%) from 2015

Revenue

Up

$302,649

Up $121,197 (+67%) from 2015

Expenses

Down

$314,855

Down $71,403 (-18%) from 2015

Net Income

Up

-$12,206

Up $192,600 (+94%) from 2015

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 2015: $1,739,675Liabilities 2015: $35,044Net Assets 2015: $1,704,6312015Assets 2016: $1,701,612Liabilities 2016: $9,187Net Assets 2016: $1,692,4252016Assets 2017: $2,165,588Liabilities 2017: $13,508Net Assets 2017: $2,152,0802017Assets 2018: $2,193,615Liabilities 2018: $6,590Net Assets 2018: $2,187,0252018Assets 2019: $2,146,750Liabilities 2019: $3,966Net Assets 2019: $2,142,7842019Assets 2020: $2,062,536Liabilities 2020: $0Net Assets 2020: $2,062,5362020Assets 2021: $2,425,356Liabilities 2021: $12,575Net Assets 2021: $2,412,7812021Assets 2022: $2,323,574Liabilities 2022: $11,472Net Assets 2022: $2,312,1022022Assets 2023: $3,565,018Liabilities 2023: $4,928Net Assets 2023: $3,560,0902023Assets 2024: $4,814,082Liabilities 2024: $44,617Net Assets 2024: $4,769,4652024

Highlighted filing

2016

Assets$1,701,612
Liabilities$9,187
Net Assets$1,692,425

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $181,452Expenses 2015: $386,258Net Income 2015: -$204,8062015Revenue 2016: $302,649Expenses 2016: $314,855Net Income 2016: -$12,2062016Revenue 2017: $820,289Expenses 2017: $360,634Net Income 2017: $459,6552017Revenue 2018: $352,498Expenses 2018: $317,553Net Income 2018: $34,9452018Revenue 2019: $272,501Expenses 2019: $316,742Net Income 2019: -$44,2412019Revenue 2020: $240,120Expenses 2020: $320,368Net Income 2020: -$80,2482020Revenue 2021: $665,118Expenses 2021: $314,873Net Income 2021: $350,2452021Revenue 2022: $250,001Expenses 2022: $350,680Net Income 2022: -$100,6792022Revenue 2023: $1,598,067Expenses 2023: $350,079Net Income 2023: $1,247,9882023Revenue 2024: $1,625,889Expenses 2024: $416,514Net Income 2024: $1,209,3752024

Highlighted filing

2016

Revenue$302,649
Expenses$314,855
Net Income-$12,206
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 27, 2016
Return Version
2015v2.0
Gross Receipts
$351,354
Mission and Program Overview

Mission

To enhance the quality of life of all companion animals in a pro-humane manner through compassion, responsibility, education, and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,069,165$1,060,385▼ $8,780
Land, Buildings, and Equipment, Net$659,389$640,967▼ $18,422
Prepaid Expenses and Deferred Charges$11,121$260▼ $10,861
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,739,675$1,701,612▼ $38,063
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$35,044$9,187▼ $25,857
Total Liabilities$35,044$9,187▼ $25,857
Net Assets / Fund Balance
Unrestricted Net Assets$1,704,631$1,692,425▼ $12,206
Total Net Assets Fund Balance$1,704,631$1,692,425▼ $12,206
Total Liabilities and Net Assets / Fund Balance$1,739,675$1,701,612▼ $38,063

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$640,967$77,532$718,499
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sally SilvaChairman
Kay LemacherPresident
Barbara PageDirector
Char SmithDirector
Heather ShreveDirector
Jasmine KraftDirector
John AgostiniDirector
Kathleen PercyDirector
Mary MathisDirector
Shari CraneDirector
Clark LashmettSecretary
Bette MelhornTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$291,870
Program Service Revenue
$6,485
Investment Income
$4,294
Other Revenue
$0
All Other Contributions
$210,041
Change in Net Assets
$-12,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$314,855
Total Fundraising Expense$4,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$11,479$8,438$4,918$24,835
Depreciation Depletion$18,422--$18,422
Other Expenses$19,821$5,530-$5,530
Fees for Services Accounting-$3,615-$3,615
Insurance-$3,401-$3,401
Total Functional Expenses$288,953$20,984$4,918$314,855
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$48,705
Fundraising Gross Income$48,705
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tail of Two Cities$88,561$39,311$39,311$0
Wagathon$21,316$2,111$2,111$0
Total Events$130,534$48,705$48,705-
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Organization governed by board of directors.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Decisions made by board of directors.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Decisions made by voting by board of directors.

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

Copies provided at board of directors meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board of directors read and sign off on conflict of interest policy annually.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

There is no compensation paid to top management. The organization has no employees or independent contractors charged with managing the operations.

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

There is no compensation paid to top management. The organization has no employees or independent contractors charged with managing the operations.

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

Form 990 posted on guidstar

Filing and Contact Details

Filer

Filer Name
Pet Project Foundation Inc
EIN
33-0030634
Phone
9495958899
Address
PO BOX 5678, SAN CLEMENTE, CA 92674

Signing Officer

Name
Bette Melhorn
Title
Treasurer
Signed
2016-10-27
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
130

Preparer

Firm
Richard K Scully CPA
Address
30011 Ivy Glenn Dr Ste 213, Laguna Niguel, CA 92677
Preparer
Richard K Scully CPA
Phone
9493630586
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