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Pay It Forward Outreach Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273005033 ✦ Muskegon, MI ✦ Designated as a 501(c)(3)

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Overview

What is Pay It Forward Outreach Inc?

Pay It Forward Outreach Inc is a Michigan-based nonprofit organization located at 1827 W Sherman Blvd, Muskegon, with a team of 12 employees. Their mission is to extend a helping hand to low-income and unemployed individuals by offering affordable veterinary services for their cherished pets. Over 8,600 families have benefited from their compassionate efforts. The organization's activities are focused on providing essential veterinary care, improving the lives of both pets and their owners in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Pay It Forward Outreach Inc has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The rating is based entirely on the organization's performance in the Accountability & Finance category, where it scored 80%. This score indicates that the nonprofit has established a strong foundation in financial management and transparency, which is vital for donor trust.

The organization showcases notable strengths, including a majority independent board, effective asset management, and a favorable program expense ratio of 75.33%. These factors suggest that Pay It Forward Outreach Inc is likely utilizing its resources effectively to fulfill its mission while maintaining strong governance practices. Additionally, the charity has demonstrated good document retention practices and clear record-keeping, further enhancing its accountability.

However, while the financial score is commendable, it is important for potential donors to consider that the overall rating is solely based on one area. This could imply limitations in assessing other critical operational aspects such as program impact and long-term sustainability. Potential supporters may wish to seek further information regarding the charity's effectiveness in achieving its mission beyond financial metrics alone.


This AI summary has been generated from information found on Charity Navigator.

Is Pay It Forward Outreach Inc legitimate?

Pay It Forward Outreach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pay It Forward Outreach Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $14,989
Professional Fundraising Fees: $18,600
Other Salaries and Wages: $23,703

For more financial information, click here

What is the mission statement of Pay It Forward Outreach Inc?

Pay It Forward Outreach Inc is dedicated to extending a helping hand to underprivileged individuals in their community by offering affordable veterinary services for their pets. Their mission is to make a positive impact on the lives of these pet owners by ensuring their beloved companions receive necessary medical attention, despite their financial circumstances. Through their low-cost vet services, over 8,600 families have benefited from this essential support, maintaining the well-being of both their pets and themselves. By prioritizing the health and welfare of pets, Pay It Forward Outreach Inc fosters stronger bonds between their owners and their animals, ultimately enhancing the overall well-being of their families.

Who is the CEO of Pay It Forward Outreach Inc?

Floyd Strandberg is the Director of Pay It Forward Outreach Inc.

What is the revenue of Pay It Forward Outreach Inc?

Pay It Forward Outreach Inc's revenue in 2022 was $128,906.

Who are the executives of Pay It Forward Outreach Inc and what are their salaries?

The average compensation at Pay It Forward Outreach Inc during 2022 was $3,224. There are 12 employees at Pay It Forward Outreach Inc.


Here are 5 key members and their salaries:


Debra Furst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Holman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Floyd Strandberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Strandberg (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pay It Forward Outreach Inc?

Pay It Forward Outreach Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pay It Forward Outreach Inc

Pay It Forward Outreach Inc, a local nonprofit organization, strives to make a difference in the lives of low-income and unemployed families by providing them with affordable veterinary services for their beloved pets. The mission of this compassionate group is to help those in need keep their pets healthy and happy, fostering the bond between people and their animals.

By offering low-cost veterinary care, Pay It Forward Outreach Inc brings relief to families who might otherwise face the difficult decision of giving up their pets due to financial constraints. Through their dedicated services, over 8,600 families have received veterinary care for their pets, ensuring their pets' well-being and maintaining the vital connection between people and their companions.

Pay It Forward Outreach Inc's selfless efforts not only improve the health of pets but also contribute to the overall well-being of their families. Providing affordable veterinary care allows families to focus on other essential aspects of their lives, knowing their pets are being taken care of. This small act of kindness can make a significant impact on individuals and families, offering peace of mind and a sense of security in trying times.

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Impact




October, 2024

Pay It Forward Outreach Inc has made a significant impact in the Muskegon, MI community by providing low or no-cost veterinary services to pets belonging to low-income and unemployed families. With over 8,600 pets receiving essential vet services, the organization has alleviated the financial burden for numerous households, ensuring that pets receive necessary care. This support not only enhances the health and well-being of the animals but also strengthens the bond between families and their pets, contributing to their overall quality of life. The mission focuses on assisting those in need, fostering a compassionate community that prioritizes the welfare of both people and their beloved animals.




This information is meant to be a general summary of Pay It Forward Outreach Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$128,906 (2022)
Expenses
$124,684 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $118,460
  • Gross Receipts: $128,906

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Vet Services

Revenue

$118,460

Organization Details

Founding Year

2010

Principal Officer

Floyd Strandberg

Main Address

1827 W Sherman Blvd, Muskegon, MI, 49441

NTEE Category

Code: D30 - Animals

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