Celebrating 30 years of helping you give wisely
America's most independent,
assertive charity watchdog
Top Rated

K9s For Warriors

CharityWatch report issued
November 2022

Top-Rated Charity
B+
CharityWatch Grade
Our independent grade based
on a number of factors.
 
70%
Program Percentage
Amount spent on programs
relative to overhead.
 
$11
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

K9s For Warriors
114 Camp K9 Road
Ponte Vedra, FL 32081

Other Names

Institute for Warriors
K9s For Warriors Research Institute

Tax Status

501(c)3

Stated Mission

To end veteran suicide & return our warriors to a life of dignity & independence. Rescues & trains shelter dogs to be paired as service dogs for warriors with service-connected post-traumatic stress, traumatic brain injury, and/or military sexual trauma.

View similar charities
Charity  
AdoptAPlatoon Soldier Support Effort  
Air Force Aid Society  
American Legion National Headquarters  
American Studies Center  
AMVETS National Headquarters  
AMVETS National Service Foundation  
Armed Services YMCA of the USA  
Army Emergency Relief  
Blinded Veterans Association  
Bob Woodruff Family Foundation  
Center for American Homeless Veterans (DISSOLVED)  
Circle of Friends for American Veterans (DISSOLVED)  
Coalition to Salute America's Heroes  
Coast Guard Foundation  
Disabled American Veterans (DAV)  
Disabled American Veterans (DAV) Charitable Service Trust  
Disabled Veterans National Foundation  
Disabled Veterans Services (DISSOLVED)  
Fisher House Foundation  
Folds of Honor Foundation  
For The Troops  
Foundation for American Veterans (DISSOLVED)  
Freedom Alliance  
Gary Sinise Foundation  
Healing Heroes Network (DISSOLVED)  
Help Heal Veterans  
Help Our Wounded (DISSOLVED)  
Help the Vets (DISSOLVED)  
HeroBox  
Homes For Our Troops  
Homes for Veterans  
HonorBound Foundation  
Hope For The Warriors  
Intrepid Fallen Heroes Fund  
Iraq & Afghanistan Veterans of America  
Marine Corps Scholarship Foundation  
Mission Continues  
Move America Forward  
Mutts With A Mission  
National Military Family Association  
National Veterans Foundation  
National Vietnam Veterans Foundation (DISSOLVED)  
Navy SEAL Foundation  
Navy-Marine Corps Relief Society  
Operation Finally Home  
Operation Homefront  
Paralyzed Veterans of America  
Paws for Purple Hearts  
Purple Heart Foundation  
Semper Fi & America's Fund  
Soldiers' Angels  
Special Operations Warrior Foundation  
Team Red, White & Blue  
Tragedy Assistance Program for Survivors (TAPS)  
TREA Memorial Foundation (DISSOLVED)  
TroopsDirect  
United American Patriots  
United Service Organizations (USO)  
United Spinal Association  
United States Armed Forces Association  
United States Navy Memorial Foundation  
Veterans Community Project  
Veterans of Foreign Wars of the U.S. and Foundation  
Veterans Relief Network  
Veterans Support Organization (DISSOLVED)  
Vietnam Veterans Memorial Fund  
Vietnam Veterans of America  
VietNow National Headquarters (DISSOLVED)  
Wounded Warrior Project  
Wounded Warriors Family Support  
Data based on Fiscal Year Ended 12/31/2021

Program Percentage: 70%

The percentage of K9s For Warriors's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$12,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $11

How many dollars K9s For Warriors spends on fundraising to raise each $100 of contributions.

$18,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
K9s For Warriors IRS Form 990 27-5219467
K9s For Warriors Audited Consolidated Financial Statements multiple
Entity: K9s For Warriors
Document Type: IRS Form 990
Tax ID: 27-5219467
Entity: K9s For Warriors
Document Type: Audited Consolidated Financial Statements
Tax ID: multiple

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
K9s For Warriors
meets governance benchmarks.
 
K9s For Warriors
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Rory Diamond CEO $299,309
2 Patricia Dodson Chief of Staff/General Counsel $217,853
3 Carl Cricco Chief Marketing Officer $188,713
1
Name: Rory Diamond
Title: CEO
Compensation: $299,309
2
Name: Patricia Dodson
Title: Chief of Staff/General Counsel
Compensation: $217,853
3
Name: Carl Cricco
Title: Chief Marketing Officer
Compensation: $188,713

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

CharityWatch's rating of K9s For Warriors also includes the financial activities of K9s For Warriors Research Institute, which are included in the organization's audited consolidated financial statements for the year ended December 31, 2021. Each entity is a 501(c)(3) public charity. All material intercompany balances and transactions have been eliminated in the audit consolidation.

According to the K9s For Warriors consolidated audit of December 31, 2021 (Note 8, Contributions In-Kind), K9s reports receiving in-kind contributed goods, services, and other non-cash items in 2021 on which it placed a value of $1,452,149.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

According to the K9s For Warriors consolidated audit of December 31, 2021 (Note 6, PPP Loan):

"On May 11, 2020, the Organization received a $901,624 loan made pursuant to the terms of the Paycheck Protection Program authorized by the Coronavirus Aid, Relief and Economic Security Act ('CARES Act'). The loan has a two-year term and accrues simple interest at a fixed annual rate of 1.00%. Under the terms of the CARES Act guidelines, a portion of the loan up to 100% may be forgiven by the U.S. Small Business Administration if the amount spent is within the timeframe and under the guidelines that have been set for forgiveness. At December 31, 2020, principal and interest totaling $906,897 are outstanding. On February 1, 2021, the Organization received notice of forgiveness of its PPP loan in its entirety."

According to the K9s For Warriors consolidated audit of December 31, 2021 (Note 11, Related Party Transactions):

"American Service Dog Access Coalition ('ASDAC') is a related party to K9s through an economic interest. As of December 31, 2021 and 2020, ASDAC owed K9s $205,084 for start-up and operating costs paid by K9s. As of December 31, 2021 and 2020, K9s owed ASDAC $65,190 for outstanding pledges.

"During 2021 and 2020, K9s made contributions of $75,000 to ASDAC. ... During 2021 and 2020, K9s paid $16,184 and $18,801, respectively, to Business Intelligence, a vendor of the Organization, owned by a relative of the President of K9s."


Related Articles

No related articles found