PETS AND VETS USA

EIN: 611765531 501(c)(3) Animal-Related

ROSELLE, IL

Total Revenue
$131,252
Total Expenses
$126,520
Total Assets
N/A
Net Assets
N/A
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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
2015
Legal Domicile
IL
Principal Officer
PETER CANGELOSI
Phone
6304250000
Tax Period
2024-01-01 to 2024-12-31

PETS AND VETS USA, founded in 2015, is a small nonprofit in the Animal-Related sector that reported $131K in total revenue in fiscal year 2024. Expenses of $127K left a modest 4% surplus.

Mission

RESCUE DOGS AND MAKE AVAILABLE FOR US VETERANS

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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 $103,752
Program Service Revenue $27,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $131,252

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $118,305
Other Expenses $126,520
TOTAL EXPENSES $126,520

Year-over-Year Comparison

2024 2023 Change
Revenue $131,252 $122,756 +0.1%
Expenses $126,520 $70,414 +0.8%
Net Income $4,732 $52,342 -0.9%
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

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Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
12

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER CANGELOSI PRESIDENT N/A
$0 $0 $0
STEVE GRUBER TREASURER N/A
$0 $0 $0
CHRISTINE MARTINO SECRETARY N/A
$0 $0 $0
JOHN FOLEY OFFICER N/A
$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 $131,252 $126,520 No data $4,732
2023 $122,756 $70,414 No data $52,342
2022 $18,710 $26,502 No data $-7,792
2021 $32,743 $24,719 No data $8,024
2020 $29,585 $38,721 No data $-9,136
2019 $46,422 $30,701 No data $15,721
2018 $29,901 $34,560 No data $-4,659
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