PUBLIC VET

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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

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

Program Service Accomplishments

Program 1

Expenses: $1,086,515 Revenue: $882,055

Providing spay neuter services to underserved rural communities to stop animal suffering neglect and promote responsible animal welfare

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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%)

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$108,438

Total Directors

$167,975

Key Employees

Highest Compensated

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