LOVE PET CLINIC (EIN 471519094) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Phone

8434470502

Tax Period

2024-01-01 to 2024-12-31

LOVE PET CLINIC, founded in 2014, is a micro nonprofit in the Animal-Related sector that reported $66K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $89K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO HELP WITH THE GROWTH OF ANIMALS BY OFFERING SPAYED AND NUETERING AT DISCOUNT PRICES

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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 $17,389

Program Service Revenue $50,690

Investment Income $0

Other Revenue $-2,530

TOTAL REVENUE $65,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,036

Fundraising Expenses $472

Program Expenses $88,216

Other Expenses $41,180

TOTAL EXPENSES $88,688

Year-over-Year Comparison

	2024	2023	Change
Revenue	$65,549	$118,082	-0.4%
Expenses	$88,688	$117,316	-0.2%
Net Income	$-23,139	$766	-31.2%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE VEREEN	PRESIDENT	30.00	Officer	$0	$0	$0
DAVE HACKENEY	VP	10.00	Key Emp	$0	$0	$0
PAM BANE	SEC TRES	10.00	Key Emp	$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
2025	No data	No data	No data	No data
2024	$65,549	$88,688	$56,691	$-23,139
2023	$118,082	$117,316	$79,830	$766
2022	$102,282	$100,456	$79,064	$1,826
2022	$102,282	$105,233	$74,287	$-2,951
2021	$108,734	$94,051	$77,238	$14,683
2020	$105,332	$84,166	$74,938	$21,166
2019	$76,148	$62,906	$53,772	$13,242
2018	$82,370	$46,400	$62,466	$35,970

LOVE PET CLINIC