Paws with Purpose EIN 20-0681397 Form 990 (PDF) Claim this org

Paws with Purpose FY2023 filing

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Trains and provides skilled service dogs to people with disabilities, excluding blindness. For fiscal year 2023 it reported $415K in revenue, $531K in expenses, and $360K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Louisville, KY
Website
pawswithpurpose.org
Filings
5 on file (2020–2023)
Revenue
$415KFY2023
Expenses
$531K
Net assets
$360K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0681397 Public charity (501(c)(3)) Louisville, KY
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Trains and provides skilled service dogs to people with disabilities, excluding blindness.
Leadership
Sheilah Abrams · President
Money in and out
$415K revenue, $531K expenses
Bottom line
88% program efficiency
Where the money goes · FY2023
Total revenue
$415K
Pt VIII · Ln 12
Total expenses
$531K
Pt IX · Ln 25
Net assets
$360K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$116K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12 Fundraising $0.00
Program efficiency
88%
of spending reaches programs
Operating runway
7.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$415K
FY2023▼ -16%
Expenses
$531K
FY2023▲ +12%
Total assets
$360K
FY2023▼ -24%
Total liabilities
$0
FY2023
Total revenue
$415K
Pt VIII · Ln 12
Total expenses
$531K
Pt IX · Ln 25
Net assets
$360K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$116K
Total assetsPt X · Ln 16$360K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $230K of program spending, described in the organization's own filed words · FY2023.
01

Placement and training of service animals and clients.

$221Kprogram expense
02

Dog related care and services

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPaws with Purpose
EINHdr · item D20-0681397
Principal addressHdr · item CLouisville, KY
WebsiteHdr · item Jpawswithpurpose.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P86)
Ruling yearIRS BMFJun 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$310K · 75%
Program service revenue$105K · 25%
Contributions & grants75%$310K
Program service revenue25%$105K
Total revenueLn 12$415K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12 Fundraising $0.00
Program services88%$469K
Management & general12%$61K
Fundraising$379
Total functional expensesLn 25$531K

Balance Sheet

Part X · end of year
CashLn 1$73K
Total assetsLn 16$360K
Total liabilitiesLn 26$0
Total net assetsLn 32$360K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $308K · Operating expenses/yr $531K
7.0 months
Where the money goes
Program services
Program services $469K · Total expenses $531K
88%
Management & General
Management & general $61K · Total expenses $531K
12%
Fundraising
Fundraising $379 · Total expenses $531K
0.07%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $389K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $310K · Total revenue $415K
75%
Government reliance
Government grants — · Total revenue $415K
Earned-income share
Program service revenue $105K · Total revenue $415K
25%
Investment reliance
Investment income $0 · Total revenue $415K
0%
Program self-sufficiency
Program service revenue $105K · Total expenses $531K
20%
Growth & trend
Revenue growth (YoY)
This year $415K · Prior year $494K
-16%
Net-asset trend (YoY)
End of year $360K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $415K · Expenses $531K
-28%
Liabilities-to-Assets
Total liabilities — · Total assets $360K
Net-asset ratio
Net assets $360K · Total assets $360K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $235K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $360K
65%
People & payroll
Highest Reported Total Compensation
Individual Sheilah Abrams · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $531K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $230K · Total expenses $531K
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0.1%
Revenue growth -16%
Accounting fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$479K revenue · ⤓ 990 PDF
FY2023$415K revenue · viewing · ⤓ 990 PDF
FY2022$494K revenue · ⤓ 990 PDF
FY2021$515K revenue · ⤓ 990 PDF
FY2020$312K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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