Nine Lives Foundation

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Liam Montgomery

Phone

6503681365

Tax Period

2024-01-01 to 2024-12-31

Nine Lives Foundation, founded in 2004, is a community nonprofit in the Animal-Related sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $708K, a strong 25% operating margin.

Mission

We are a community-based 501(c)(3) nonprofit organization operating a cat-onlyclinic and adoption center. We rescue at-risk cats and kittens, provide them withclinical care and nurturing to address their medical and behavioral needs and findthem loving forever homes. We are committed to addressing the overpopulation ofhomeless cats by providing low-cost spay and neuter services for those in ourcommunity.

Program Service Accomplishments

Program 1

Expenses: $1,244,003 Revenue: $1,390,466

Medical Clinic - Low Cost Veterinary Services: Nine Lives provides low-cost spay/neuter for feral cats (Trap-Neuter-Return), the general public, and over 50 foster-based rescue partners that intake cats and find them adoptive homes. We also offer low-cost vaccinations, microchips, and other veterinary services. In 2024 we completed 6,327 spay/neuter surgeries (54% more than in 2023), making us by far the largest spay/neuter clinic for cats in our area and beyond. We also administered over 10,000 vaccines and implanted 3,000 microchips.

Program 2

Expenses: $443,397 Revenue: $74,260

Adoption Center - Cat & Kitten Rescue and Adoptions: we intake cats and kittens from at-risk situation. We provide them with all the medical care they need, and make them available for adoption. In 2024 we found loving homes for 950 cats and kittens, an increase of 34% over 2023. We are a no-kill shelter with a save rate of over 98%.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,337,795

Program Service Revenue $1,464,726

Investment Income $37,462

Other Revenue $10,037

TOTAL REVENUE $2,850,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $962,488

Fundraising Expenses $207,859

Program Expenses $1,687,400

Other Expenses $1,125,709

TOTAL EXPENSES $2,142,263

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,850,020	$1,900,892	+0.5%
Expenses	$2,142,263	$1,785,204	+0.2%
Net Income	$707,757	$115,688	+5.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

150

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$181,305

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Liam Montgomery	Executive Dir.	40.00	Officer	$147,403	$33,902	$181,305
Joanne McDermott	President	40.00	Officer Director	$0	$0	$0
Gerry Klein	Treasurer	2.00	Officer Director	$0	$0	$0
Susan Robinson	Secretary	2.00	Officer Director	$0	$0	$0
Jeanne Wu	Vice President	1.00	Officer Director	$0	$0	$0
Michele McNamara	Board Member	3.00	Director	$0	$0	$0
Janaina Pilomia	Board Member	3.00	Director	$0	$0	$0
Mindy McCrory	Board Member	3.00	Director	$0	$0	$0
Bert Picot	Board Member	3.00	Director	$0	$0	$0
Candace Maxwell	Board Member	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,850,020	$2,142,263	$2,127,974	$707,757
2023	$1,900,892	$1,785,204	$1,159,784	$115,688
2022	$1,441,780	$1,404,900	$1,039,362	$36,880
2021	$1,369,797	$1,317,394	$1,017,734	$52,403
2020	$1,313,561	$1,247,982	$977,293	$65,579
2019	$1,334,647	$1,099,142	$884,030	$235,505
2018	$1,323,960	$1,119,186	$662,742	$204,774