Remedy Pet Care Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Michael Robbins

Phone

4048756420

Tax Period

2024-10-01 to 2025-09-30

Remedy Pet Care Inc, founded in 2010, is a community nonprofit in the Animal-Related sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

The charitable mission of Remedy Pet Care ("Remedy") is to make high-quality, compassionate veterinary care accessible and affordable for all pets by providing care at cost. Remedy exists to keep pets in their homes by removing financial and logistical barriers to veterinary care, ensuring that pet owners are not forced to choose between their pet's health and their financial stability. By providing primary veterinary care, pharmacy and prescription products, and essential surgical services, Remedy supports the health and well-being of companion animals while helping keep pets and families together. Remedy operates as a community-supported organization focused on service rather than profit and is committed to improving animal welfare and strengthening the human-animal bond within the communities it serves.

Program Service Accomplishments

Program 1

Expenses: $1,369,519 Revenue: $804,134

Low-Cost Primary Veterinary Care & Preventative Services: Provide affordable primary veterinary care to companion animals, ensuring access to essential preventive and wellness services for pets whose families face financial or logistical barriers to traditional veterinary care. This includes wellness exams, vaccinations, laboratory testing, diagnostic evaluations, and ongoing parasite prevention. In the year ended September 2025, there were 18,910 active clients and 22,692 active pets.

Program 2

Expenses: $544,112 Revenue: $54,894

Surgical & Spay/Neuter Services:Provide access to essential surgical services, including spay and neuter procedures and other medically necessary surgeries. In the year ended September 2025, there...

Surgical & Spay/Neuter Services:Provide access to essential surgical services, including spay and neuter procedures and other medically necessary surgeries. In the year ended September 2025, there were 51 sterilizations.

Program 3

Expenses: $305,093 Revenue: $203,062

Pharmacy & Prescription Product:Provide affordable access to essential pharmacy and prescription products, including medications and prescription diets, to support the treatment and ongoing health of...

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,221,184

Program Service Revenue $1,062,090

Investment Income $15,013

Other Revenue $0

TOTAL REVENUE $2,298,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,467,075

Fundraising Expenses $22,094

Program Expenses $2,218,724

Other Expenses $987,637

TOTAL EXPENSES $2,454,712

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,298,287	$1,517,995	+0.5%
Expenses	$2,454,712	$362,935	+5.8%
Net Income	$-156,425	$1,155,060	-1.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$293,900

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Samuel Franklin	Chair	4.00	Officer Director	$0	$0	$0
Samir Salem	Treasurer	4.00	Officer Director	$0	$0	$0
Dr Julie Ryan-Johnson	Secretary	4.00	Officer Director	$0	$0	$0
Michael Robbins	Interim Executive Director	40.00	Officer	$0	$52,556	$293,900
Kimberly Heeney	Vice President of Operations	40.00	Highest	$23,788	$15,776	$156,930
Larry Garcia	Veterinary Medical Director	40.00	Highest	$39,296	$8,038	$175,460

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
2025	$2,298,287	$2,454,712	$1,718,862	$-156,425
2024	$1,517,995	$362,935	$1,626,565	$1,155,060
2023	$354,167	$394,469	$419,694	$-40,302
2022	$221,839	$315,593	$461,222	$-93,754
2021	$278,758	$327,777	$556,351	$-49,019
2020	$238,396	$199,202	$609,374	$39,194
2019	$197,281	$188,765	$621,766	$8,516
2018	$310,879	$114,642	$612,727	$196,237