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Nonprofiteer
← PETSMART CHARITIES INC

Form 990 for tax year 2023

Filed by PETSMART CHARITIES INC.

Totals

Total revenue
$61,884,709
Total expenses
$60,392,781
Contributions and grants received
$55,060,070
Grants paid
$44,241,185
Program service revenue
$95,000
Investment income
$1,517,956
Other revenue
$5,211,683
Total assets, end of year
$81,244,570
Total liabilities, end of year
$3,728,741
Net assets or fund balances, end of year
$77,515,829
Program services expenses (Part IX)
$57,182,533
Management and general expenses
$1,454,299
Fundraising expenses
$1,755,949
Program service expenses (Part III)
$57,182,533

Program services were 94.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $121,187

  • 1f · All other contributions, gifts and grants

    $54,938,883

  • 1g · Noncash contributions included above

    $8,331,848

  • 2a · Program service revenue: MANAGEMENT FEE INCOME

    total $95,000 · related or exempt $95,000

  • 3 · Investment income

    total $1,286,597 · excluded $1,286,597

  • 5 · Royalties

    total $5,211,683 · excluded $5,211,683

  • 7a · Gross sales of assets other than inventory

    other assets $14,741,943

  • 7b · Less cost or other basis and sales expenses

    other assets $14,510,584

  • 7c · Gain or loss

    other assets $231,359

  • 7d · Net gain or loss

    total $231,359 · excluded $231,359

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $44,241,185 · program services $44,241,185

  • 11a · Fees: management

    total $5,863,431 · program services $5,305,907 · management and general $339,457 · fundraising $218,067

  • 11b · Fees: legal

    total $9,095 · management and general $9,095

  • 11c · Fees: accounting

    total $47,548 · management and general $47,548

  • 11f · Fees: investment management

    total $213,124 · management and general $213,124

  • 11g · Fees: other

    total $1,489,264 · program services $1,366,858 · management and general $105,133 · fundraising $17,273

  • 12 · Advertising and promotion

    total $2,116,199 · program services $945,886 · management and general $458,788 · fundraising $711,525

  • 13 · Office expenses

    total $1,232,345 · program services $979,501 · management and general $109,943 · fundraising $142,901

  • 14 · Information technology

    total $1,172,135 · program services $1,059,596 · management and general $56,463 · fundraising $56,076

  • 17 · Travel

    total $302,614 · program services $256,792 · management and general $36,439 · fundraising $9,383

  • 19 · Conferences, conventions and meetings

    total $182,469 · program services $127,344 · management and general $52,031 · fundraising $3,094

  • 22 · Depreciation, depletion and amortization

    total $163,945 · program services $137,667 · management and general $26,278

  • 24a · Other expenses: DONATED PET SUPPLIES

    total $2,697,012 · program services $2,697,012

  • 24b · Other expenses: BANK FEES

    total $597,630 · fundraising $597,630

  • 24c · Other expenses: EQUIPMENT RENTAL

    total $64,785 · program services $64,785

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $18,899,800 · end of year $21,532,448

  • 2 · Savings and temporary cash investments

    beginning of year $90,512 · end of year $73,958

  • 4 · Accounts receivable

    beginning of year $10,332,328 · end of year $7,348,714

  • 9 · Prepaid expenses and deferred charges

    beginning of year $273,739 · end of year $273,644

  • 10a · Land, buildings and equipment: cost or other basis

    $8,059,888

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,668,664

  • 10c · Land, buildings and equipment, net

    beginning of year $407,658 · end of year $391,224

  • 11 · Investments: publicly traded securities

    beginning of year $46,734,635 · end of year $51,624,582

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,743,386 · end of year $3,171,741

  • 18 · Grants payable

    beginning of year $862,000 · end of year $557,000

  • 27 · Net assets without donor restrictions

    beginning of year $70,133,286 · end of year $76,221,335

  • 28 · Net assets with donor restrictions

    end of year $1,294,494

Mission and programs · 2023

Mission

PETSMART CHARITIES ENVISIONS A WORLD WHERE COMMUNITIES UNITE IN SUPPORT OF PETS TOGETHER WITH THEIR FAMILIES. OUR MISSION IS TO MAKE THE WORLD A BETTER PLACE BY INVESTING IN COMMUNITY PARTNERS THAT ADVOCATE AND CARE FOR THE WELL-BEING OF PETS AND ALL WHO LOVE THEM. PETSMART CHARITIES GRANTS MORE MONEY TO DIRECTLY HELP PETS IN NEED THAN ANY OTHER ANIMAL WELFARE GROUP IN NORTH AMERICA.

Activities or mission (Part I)

PETSMART CHARITIES, INC. (PCI) IS A NONPROFIT ANIMAL WELFARE ORGANIZATION THAT ENVISIONS A WORLD WHERE COMMUNITIES UNITE IN SUPPORT OF PETS TOGETHER WITH THEIR FAMILIES. FOUNDED IN 1994, THE ORGANIZATION'S MISSION IS TO MAKE THE WORLD A BETTER PLACE BY INVESTING IN COMMUNITY PARTNERS THAT ADVOCATE AND CARE FOR THE WELL-BEING OF PETS AND ALL WHO LOVE THEM. PETSMART CHARITIES GRANTS MORE MONEY TO DIRECTLY HELP PETS IN NEED THAN ANY OTHER ANIMAL WELFARE GROUP IN NORTH AMERICA.

  • CONNECTING PEOPLE & PETS BY CREATING FAMILIES THROUGH ADOPTION PROGRAMS. WHETHER IT'S THROUGH OUR IN-STORE ADOPTION CENTERS, NATIONAL ADOPTION WEEK, OR OUR ONLINE SEARCH TOOL, WE HELP PETS IN NEED FIND LOVING FAMILIES TO CALL THEIR OWN. IN 2023, WE PARTNERED WITH OVER 2,000 ANIMAL WELFARE GROUPS ACROSS THE UNITED STATES TO HELP 370,000 PETS FIND HOMES THROUGH OUR IN-STORE ADOPTION PROGRAM IN OVER 1,500 PETSMART STORES. WE ALSO CELEBRATED OUR 10 MILLIONTH ADOPTION IN 2022! WE ALSO SUPPORTED THE TRANSPORT OF 48,000 PETS TO AREAS WHERE THEY HAD A BETTER CHANCE OF BEING ADOPTED.

    Expenses $26,062,845 · Grants $18,562,814 · Revenue $61,606

  • SUPPORTING PETS & PEOPLE BY KEEPING FAMILIES TOGETHER: WE SUPPORT PETS AND THEIR FAMILIES THROUGH PROGRAMS THAT WORK TO MAKE VETERINARY CARE MORE ACCESSIBLE, HELP BATTLE FOOD INSECURITY, AND PROVIDE DISASTER RESPONSE IN TIMES OF NEED. IN 2023, WE PARTNERED WITH HUMAN SERVICES AGENCIES TO DONATE OVER $10M IN PET FOOD (39 MILLION MEALS) TO SUPPORT THOSE FACING PET FOOD INSECURITY. WE INVESTED $13.6M IN GRANTS TO FUND PROGRAMS THAT SUPPORT ACCESSIBLE VETERINARY MEDICINE MODELS THAT BRING MORE AFFORDABLE VET CARE INTO COMMUNITIES. WE ALSO GRANTED OVER $750K TO SUPPORT DISASTER RESPONSE DURING 11 MAJOR NATURAL DISASTERS TO HELP AN ESTIMATED 35,000 PETS STAY WITH THEIR FAMILIES DURING TIMES OF CRISIS.

    Expenses $31,119,688 · Grants $25,678,371 · Revenue $33,394

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jk Symancyk

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Neal Litvack

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Ben Jacobs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cherise Ordlock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dawn Willoughby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Debo Mukherjee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Elliott Francis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lisa Rojas Bacus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Manjit Singh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mark Stetter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mike Schultheis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Aimee Gilbreath

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40

  • Stephanie Jensen

    TREASURER

    Total calculated
    $0
    Hours/week
    40

  • Janet Henry

    SECRETARY

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • PETSMART CHARITIES OF CANADA

    501(C)(3) · CHARITABLE · CA · controlled entity

    Directly controlled by PETSMART CHARITIES INC

Provenance

Return type
form_990
Tax year
2023
Filed
5 August 2024
IRS schema version
2023v5.1
Source object
202412199349301751

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