PETS FOR VETS WASHINGTON DC METRO AREA

EIN: 815125672 501(c)(3)

OAK HILL, VA

Total Revenue
$37,277
Total Expenses
$21,937
Total Assets
$58,839
Net Assets
$58,839
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
MICHELLE SCHROEDER MADIGAN
Phone
2022157027
Tax Period
2020-01-01 to 2020-12-31

PETS FOR VETS WASHINGTON DC METRO AREA, founded in 2016, is a micro nonprofit that reported $54K in total revenue in fiscal year 2019. Revenue surged 290% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33K, a strong 61% operating margin.

Mission

TO RESCUE ANIMALS FROM AREA SHELTERS AND TRAIN THEM TO BECOME COMPANION ANIMALS FOR LOCAL VETERANS WHO MAY BE CHALLENGED BY AN INVISIBLE INJURY.

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Trantor Score

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $37,277
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $37,277

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,584
Program Expenses $12,883
Other Expenses $21,937
TOTAL EXPENSES $21,937

Year-over-Year Comparison

2020 2019 Change
Revenue $37,277 $54,417 -0.3%
Expenses $21,937 $21,349 +0.0%
Net Income $15,340 $33,068 -0.5%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
15

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE SCHROEDER MADIGAN Director 20.00
Officer Director
$0 $0 $0
TALMAR ANDERSON Vice President 10.00
Officer Director
$0 $0 $0
BELLE OSVATH Treasurer 3.00
Officer Director
$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
2020 $37,277 $21,937 $58,839 $15,340
2019 $54,417 $21,349 $43,499 $33,068
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