THE PETER ZIPPI MEMORIAL FUND INC

EIN: 474691814 501(c)(3) Animal-Related

HERMOSA BEACH, CA

Total Revenue
$206,632
Total Expenses
$252,124
Total Assets
$230,823
Net Assets
$226,027
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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
CA
Principal Officer
CHRISTINE LUGO
Phone
3103791264
Tax Period
2024-01-01 to 2024-12-31

THE PETER ZIPPI MEMORIAL FUND INC, founded in 1977, is a small nonprofit in the Animal-Related sector that reported $207K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $252K exceeded revenue, resulting in a 22% operating deficit.

Mission

In memory of Peter Zippi, a young man dedicated to the care of animals. Our mission is to network to end homeless pets through the intake and safe placement of cats and kittens and provision of financial aid to community members for spay and neuter.

Program Service Accomplishments

Program 1
Expenses: $91,881 Revenue: $6,731

In 2024, the Organization rescued 68 cats and kittens and adopted out 59 of them through intake and safe placement (adoption) into loving homes. All of our intakes receive preventative medical care...

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In 2024, the Organization rescued 68 cats and kittens and adopted out 59 of them through intake and safe placement (adoption) into loving homes. All of our intakes receive preventative medical care in addition to vaccinations. Many receive extensive medical care to treat various maladies.

Program 2
Expenses: $527 Revenue: $0

The Organization trained 14 new volunteers in 2024. Volunteers play a vital role in socializing cats, caring for in-house animals, and ensuring they receive the attention and care they need...

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The Organization trained 14 new volunteers in 2024. Volunteers play a vital role in socializing cats, caring for in-house animals, and ensuring they receive the attention and care they need. Additionally, they assist the community by answering hotline calls, providing information on affordable veterinary services and rehoming resources, and distributing pet food and supplies as inventory permits. Volunteers also serve as Adoption Counselors, offering valuable insights into shelter cat personalities to help potential adopters find the right match Some volunteers foster cats and kittens in their homes, providing essential care and socialization in a home environment. Furthermore, volunteers manage key aspects of our free spay-neuter events, including booking appointments, checking in participants, and ensuring smooth operations throughout the day. They also oversee our voucher program, carefully reviewing applications for accuracy, making necessary corrections, and approving them ahead of scheduled appointments with our clinic partners.

Program 3
Expenses: $148,601 Revenue: $0

Our organization provides financial assistance to community members through a free monthly spay-neuter event and an ongoing voucher program. Our monthly event is designed to cover the cost of spaying...

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Our organization provides financial assistance to community members through a free monthly spay-neuter event and an ongoing voucher program. Our monthly event is designed to cover the cost of spaying or neutering community, feral, and personal cats. Additionally, our voucher program makes affordable spay-neuter accessible to individuals managing community cat colonies, caring for stray cats, and seeking services for their personal pets. In 2024, our spay-neuter initiatives helped nearly 1,950 animals receive spay-neuter surgeries. This includes 1,689 feral, stray, and owned cats and dogs through our voucher program alone. While our goal is to hold monthly spay-neuter events, availability is dependent on veterinarians. In 2024, we hosted a total of six events, funding 260 spay-neuter surgeries, 205 vaccines, and 40 flea treatments. These efforts significantly contributed to population control and promoted responsible pet ownership within our community.

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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 $185,297
Program Service Revenue $6,731
Investment Income $14,604
Other Revenue $0
TOTAL REVENUE $206,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $379
Program Expenses $241,009
Other Expenses $252,124
TOTAL EXPENSES $252,124

Year-over-Year Comparison

2024 2023 Change
Revenue $206,632 $152,178 +0.4%
Expenses $252,124 $284,967 -0.1%
Net Income $-45,492 $-132,789 -0.7%
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
7
Independent Members
7
Employees
N/A
Volunteers
71

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESLIE NEFF BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE S MARELL JD SECRETARY 1.00
Officer
$0 $0 $0
NANCY J COLVILLE BOARD MEMBER 2.00
Director
$0 $0 $0
DIANE CORBETT TREASURER 5.00
Officer
$0 $0 $0
LARRY HOSKINSON BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY KARDATZKE BOARD MEMBER 2.00
Director
$0 $0 $0
CHRISTINE LUGO PRESIDENT 40.00
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
2025 No data No data No data No data
2024 $206,632 $252,124 $230,823 $-45,492
2023 $152,178 $284,967 $289,740 $-132,789
2022 $255,953 $223,132 $444,281 $32,821
2019 $399,373 $183,782 $702,140 $215,591
2019 $296,318 $183,782 $599,085 $112,536
2018 $210,075 $119,762 $486,549 $90,313
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