Intermountain Therapy Animals EIN 87-0517629

Intermountain Therapy Animals FY2022 filing

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Improves lives by strengthening the connection between people and animals. For fiscal year 2022 it reported $441K in revenue, $362K in expenses, and $174K in net assets.Pt I

Founded
1993
Type
Public charity (501(c)(3)) · Human Services
Location
Salt Lake City, UT
Website
www.therapyanimals.org
Filings
6 on file (2020–2022)
Revenue
$441KFY2022
Expenses
$362K
Net assets
$174K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  87-0517629 Public charity (501(c)(3)) Salt Lake City, UT Founded 1993
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Improves lives by strengthening the connection between people and animals.
Leadership
Kathy Klotz · Exec. Director · $78K
Money in and out
$441K revenue, $362K expenses
Bottom line
91% program efficiency
Where the money goes · FY2022
Total revenue
$441K
Pt VIII · Ln 12
Total expenses
$362K
Pt IX · Ln 25
Net assets
$174K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $79K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.06 Fundraising $0.03
Program efficiency
91%
of spending reaches programs
Operating runway
7.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$441K
FY2022▼ -0.6%
Expenses
$362K
FY2022▼ -10%
Total assets
$245K
FY2022▼ -29%
Total liabilities
$71K
FY2022▼ -60%
Total revenue
$441K
Pt VIII · Ln 12
Total expenses
$362K
Pt IX · Ln 25
Net assets
$174K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$79K
Total assetsPt X · Ln 16$245K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $267K of program spending, described in the organization's own filed words · FY2022.
01

Intermountain Therapy Animals ("ITA") -This Program Service includes all Activities for the local ITA operations. First, volunteer recruiting, screen, workshop training, team testing, mentoring, placement and monitoring of therapy team volunteers who provide the essential service of the organization.

$182Kprogram expense
02

Reading education assistance dogs ("R.E.A.D.") -This program has grown way beyond the organization's local service territory. The organization has trained and registered almost 6,000 volunteer therapy teams in all 50 states and 25 additional countries to provide reading support programs, utilizing therapy animals as reading companions…

$73Kprogram expense
03

Associates

because the organization has been very successful in its work and has standards that are now recognized around the country, the organization has had more than a dozen colleague therapy groups who have asked to make use of its training and testing protocols. The organization currently has 21 such groups in 17 other states.

$13Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIntermountain Therapy Animals
EINHdr · item D87-0517629
Principal addressHdr · item CSalt Lake City, UT
WebsiteHdr · item Jwww.therapyanimals.org
Year of formationHdr · item L1993
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P40Z)
Ruling yearIRS BMFJun 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Exec. Director
$78,000Pt VII · Sec A
Exec. Director
$59,158Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kathy Klotz’s $78K as Exec. Director is at the 69th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kathy Klotz$78,000$78,000$78,000$78,000$73,500$75,000
Karen Burns$11,047$68,556$62,585$59,158$54,666

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$330K · 75%
Other revenue$87K · 20%
Program service revenue$23K · 5%
Contributions & grants75%$330K
Other revenue20%$87K
Program service revenue5%$23K
Investment income$251
Total revenueLn 12$441K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.06 Fundraising $0.03
Program services91%$329K
Management & general6%$22K
Fundraising3%$11K
Total functional expensesLn 25$362K

Balance Sheet

Part X · end of year
CashLn 1$232K
Total assetsLn 16$245K
Total liabilitiesLn 26$71K
Total net assetsLn 32$174K
Months of cash on handcomputed7.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $234K · Operating expenses (Pt IX) $362K · Less non-cash grants $2K · Cash operating expenses/yr $360K
7.8 months
Where the money goes
Program services
Program services $329K · Total expenses $362K
91%
Management & General
Management & general $22K · Total expenses $362K
6%
Fundraising
Fundraising $11K · Total expenses $362K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $396K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $330K · Total revenue $441K
75%
Government reliance
Government grants — · Total revenue $441K
Earned-income share
Program service revenue $23K · Total revenue $441K
5%
Investment reliance
Investment income $251 · Total revenue $441K
+0.06%
Program self-sufficiency
Program service revenue $23K · Total expenses $362K
6%
Growth & trend
Revenue growth (YoY)
This year $441K · Prior year $443K
-0.6%
Net-asset trend (YoY)
End of year $174K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $441K · Expenses $362K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $245K
Net-asset ratio
Net assets $174K · Total assets $245K
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $245K
0.9%
People & payroll
Highest Reported Total Compensation
Individual Kathy Klotz · Reported title Exec. Director · Highest reported compensation $78K · Total expenses $362K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $169K · Total expenses $362K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 6%
Fundraising cost ratio 3%
Revenue growth -0.6%
Legal fee ratio 2%
Accounting fee ratio 2%

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 · FY2025
Total grants receivedfrom 2 funders$12K

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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
FY2025 (Latest)$510K revenue · ⤓ 990 PDF
FY2024$542K revenue · ⤓ 990 PDF
FY2023$559K revenue · ⤓ 990 PDF
FY2022$441K revenue · viewing · ⤓ 990 PDF
FY2021$443K revenue · ⤓ 990 PDF
FY2020$534K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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