HUMANE SOCIETY OF THE PIEDMONT INC (EIN 566030054) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1953

Legal Domicile

Principal Officer

KELLY KOVACS

Phone

3362993060

Tax Period

2024-01-01 to 2024-12-31

HUMANE SOCIETY OF THE PIEDMONT INC, founded in 1953, is a community nonprofit in the Animal-Related sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $491K, a strong 25% operating margin.

Mission

TO PROVIDE AFFORDABLE MEDICAL CARE, EDUCATION, AND ADVOCACY FOR ANIMALS IN THE PIEDMONT AND BEYOND.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $353,589

Program Service Revenue $1,601,029

Investment Income $13,419

Other Revenue $22,770

TOTAL REVENUE $1,990,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $822,938

Fundraising Expenses $0

Program Expenses $1,323,380

Other Expenses $676,501

TOTAL EXPENSES $1,499,439

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,990,807	$1,486,277	+0.3%
Expenses	$1,499,439	$1,278,161	+0.2%
Net Income	$491,368	$208,116	+1.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$72,692

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHELSEA WIGGINS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICKI HALL	TREASURER	1.00	Officer Director	$0	$0	$0
SARAH STANLEY	SECRETARY	1.00	Director	$0	$0	$0
VICTOR BLACKBURN	PRESIDENT	1.00	Director	$0	$0	$0
KATHERINE FLIPPIN	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY KOVACS	EXECUTIVE DIRECTOR	35.00	Officer	$72,692	$0	$72,692

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	$1,990,807	$1,499,439	$1,583,666	$491,368
2023	$1,486,277	$1,278,161	$1,096,041	$208,116
2022	$780,932	$1,186,977	$905,631	$-406,045
2021	$818,894	$901,343	$1,372,341	$-82,449
2020	$1,281,821	$1,717,534	$1,595,653	$-435,713
2019	$1,222,730	$1,071,546	$1,780,047	$151,184
2018	$532,505	$457,780	$1,549,427	$74,725

HUMANE SOCIETY OF THE PIEDMONT INC