Lancova Partners for Pets Inc

EIN: 464025767 501(c)(3) Animal-Related

Irvington, VA

Total Revenue
$296,709
Total Expenses
$95,288
Total Assets
$1,758,782
Net Assets
$1,758,782
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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
VA
Phone
8045770256
Tax Period
2022-01-01 to 2022-12-31

Lancova Partners for Pets Inc, founded in 2013, is a small nonprofit in the Animal-Related sector that reported $362K in total revenue in fiscal year 2018. Revenue surged 211% from the prior year, signaling strong growth momentum. The organization ran a surplus of $348K, a strong 96% operating margin.

Mission

Of the $283,730 spent on works in progress, building costs, $280,690 was spent on the Fricke Pavilion in 2022. The total cost of the pavilion for the years 2021 and 2022 was $779,892. The total cost is recognized on the books as an asset, pavilion.Depreciation is recognized as a program cost for 2022. Training courses, other educational functions and outreach are currently based out of the pavilion while the next phase of development is completed.Taxpayer engaged The Monument Group for purposes of refining its fundraising focus. The fundraising expense of $51,150 is an investment in identifying and cultivating ongoing support for the Lancova Partners for Pets, Inc./NNPP mission.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $283,853
Program Service Revenue $0
Investment Income $1,233
Other Revenue $11,623
TOTAL REVENUE $296,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $61,217
Program Expenses $15,298
Other Expenses $95,288
TOTAL EXPENSES $95,288

Year-over-Year Comparison

2022 2021 Change
Revenue $296,709 $552,979 -0.5%
Expenses $95,288 $25,299 +2.8%
Net Income $201,421 $527,680 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alfie Butts Vice President 2.00
Officer Director
$0 $0 $0
Suzanne Mattingly Director 3.00
Director
$0 $0 $0
Gwen Keane Director 1.00
Director
$0 $0 $0
Mike Molineaux Director 1.00
Director
$0 $0 $0
Michelle Lybarger Director 2.00
Director
$0 $0 $0
Christopher Jordan Director 2.00
Director
$0 $0 $0
Sara Ford Director 2.00
Director
$0 $0 $0
Martha Hall Director 2.00
Director
$0 $0 $0
Terrie Dort President & CEO 3.00
Officer
$0 $0 $0
Karen Hall Treasurer 3.00
Officer
$0 $0 $0
Vicki Kinsel MD Secretary 3.00
Officer
$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 No data No data No data No data
2022 $296,709 $95,288 $1,758,782 $201,421
2021 $552,979 $25,299 $1,557,361 $527,680
2021 $552,979 $25,299 $1,557,361 $527,680
2020 $252,796 $20,272 $1,029,681 $232,524
2019 $348,050 $25,411 $797,159 $322,639
2018 $362,099 $14,591 $474,519 $347,508
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