PUBLIC VET

EIN: 814581936 501(c)(3) Animal-Related

BLOOMINGTON, IN

Total Revenue
$1,108,387
Total Expenses
$1,096,715
Total Assets
$61,524
Net Assets
$57,129
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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
2016
Legal Domicile
IN
Tax Period
2023-01-01 to 2023-12-31

PUBLIC VET, founded in 2016, is a community nonprofit in the Animal-Related sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum.

Mission

The mission of Public Vet is to stop animal suffering and neglect by promoting responsible animal welfare practices

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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 (2023)

Revenue Breakdown

Contributions & Grants $226,332
Program Service Revenue $882,055
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,108,387

Expense Breakdown

Grants Paid $0
Salaries & Benefits $765,607
Fundraising Expenses $0
Program Expenses $1,086,515
Other Expenses $331,108
TOTAL EXPENSES $1,096,715

Year-over-Year Comparison

2023 2022 Change
Revenue $1,108,387 $788,184 +0.4%
Expenses $1,096,715 $768,971 +0.4%
Net Income $11,672 $19,213 -0.4%
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
3
Independent Members
3
Employees
N/A
Volunteers
30

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
1
$108,438
Total Directors
2
$167,975
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gabriel Armendariz Peavy Treasurer 40.00
Director
$127,513 $0 $127,513
Oscar Armendariz Vice President 20.00
Director
$40,462 $0 $40,462
Tess Peavy President 40.00
Officer
$108,438 $0 $108,438
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 No data No data No data No data
2023 $1,108,387 $1,096,715 $61,524 $11,672
2022 $788,184 $768,971 $52,431 $19,213
2021 $352,163 $371,855 $29,734 $-19,692
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