LOW COST ANIMAL MEDICAL CENTER

EIN: 472883629 501(c)(3) Animal-Related

NEW ORLEANS, LA

Total Revenue
$3,333,545
Total Expenses
$2,928,252
Total Assets
$1,902,721
Net Assets
$1,833,132
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
LA
Principal Officer
SIDNEY COPEY PULITZER
Phone
5044441124
Tax Period
2024-01-01 to 2024-12-31

LOW COST ANIMAL MEDICAL CENTER, founded in 2015, is a community nonprofit in the Animal-Related sector that reported $3.3M in total revenue in fiscal year 2024. Expenses of $2.9M left a modest 12% surplus.

Mission

OUR MISSION IS TO END THE NEEDLESS AND HORRIBLE SUFFERING AND KILLING OF DOGS AND CATS IN THE METRO NEW ORLEANS AREA BY: 1) PROVIDING HIGH QUALITY VETERINARY CARE AT SIGNIFICANTLY DISCOUNTED PRICES TO HELP MIDDLE AND LOW-INCOME PET OWNERS BETTER CARE FOR AND AFFORD TO KEEP THEIR PETS; ESPECIALLY PET OWNERS WHO HAVE NEVER BEEN TO A VETERINARIAN. 2) OFFERING HIGH VOLUME, LOW COST SPAY/NEUTER SIMILAR TO AUSTIN, JACKSONVILLE, AND ASHVILLE, CITIES THAT HAVE LOWERED THEIR EUTHANASIA RATES TO BELOW 10%. 3) CREATING A "REAL WORLD" TEACHING FACILITY FOR TULANE'S AB FREEMAN SCHOOL OF BUSINESS AND LSU'S SCHOOL OF VETERINARY MEDICINE. 4) BECOMING A RESOURCE FOR OTHER ANIMAL WELFARE GROUPS WHO NEED AFFORDABLE SPAY/NEUTER AND VETERINARY CARE. 5) SPUR OUR NEIGHBORHOOD'S ECONOMIC DEVELOPMENT WITH VETERINARY CARE, EMPLOYMENT OPPORTUNITIES, INCREASED CONSUMER TRAFFIC, AND HIGHER PROPERTY VALUES. 6) OPENING A PET FOOD BANK FOR SUPPLEMENTAL PET FOOD FOR SPAYED/NEUTERED ANIMALS OF LOW-INCOME RESIDENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $408,047
Program Service Revenue $2,888,457
Investment Income $37,041
Other Revenue $0
TOTAL REVENUE $3,333,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $890,313
Fundraising Expenses $0
Program Expenses $2,826,766
Other Expenses $2,037,939
TOTAL EXPENSES $2,928,252

Year-over-Year Comparison

2024 2023 Change
Revenue $3,333,545 $3,185,751 +0.0%
Expenses $2,928,252 $2,576,281 +0.1%
Net Income $405,293 $609,470 -0.3%
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
39
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
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SIDNEY COPEY PULITZER CHAIRMAN 40.00
Officer Director
$0 $0 $0
CLELAND POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
DR LAURA FREEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE REDD BOARD MEMBER 1.00
Director
$0 $0 $0
DR JOHN MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY KELLER NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA RIZZO PRESIDENT 4.00
Officer Director
$0 $0 $0
BRIAN GIBBS BOARD MEMBER 1.00
Director
$0 $0 $0
LISA HOEFER BOARD MEMBER 1.00
Director
$0 $0 $0
FILIPPO FIOLI BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN FITZGERALD BOARD MEMBER 1.00
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 $3,333,545 $2,928,252 $1,902,721 $405,293
2023 $3,185,751 $2,576,281 $1,488,073 $609,470
2022 $2,713,980 $2,301,295 $819,019 $412,685
2022 $1,890,967 $1,468,422 $751,755 $422,545
2021 $1,527,100 $1,509,944 $370,702 $17,156
2020 $1,173,600 $1,188,693 $354,933 $-15,093
2019 $1,203,096 $1,278,630 $297,682 $-75,534
2018 $1,038,219 $1,031,864 $399,879 $6,355
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