Lo Ve Pet Clinic Inc
- Assets
- $77.2k
- Revenue
- $108.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Longs, SC
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 47-1519094
Organization Overview
Lo Ve Pet Clinic Inc is located in Longs, SC. The organization was established in 2014. According to its NTEE Classification (D40) the organization is classified as: Veterinary Services, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Lo Ve Pet Clinic Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lo Ve Pet Clinic Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lo Ve Pet Clinic Inc generated $108.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $94.1k during the year ending 12/2021. While expenses have increased by 15.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SPAYED AND NUTERING AT LOW PRICES TO HELP CONTROL ANAMIAL GROWTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPAYED AND NUETURING OF CATS AND DOGS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Vereen President | 30 | $7,200 | |
Pam Bane Treasurer | 10 | $0 | |
David Hackney VP | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,102 |
| Related organizations | $0 |
| Government grants | $2,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,713 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,815 |
| Total Program Service Revenue | $86,511 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$845 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,253 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $108,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $45,137 |
| Other employee benefits | $0 |
| Payroll taxes | $16,222 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $130 |
| Office expenses | $4,386 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,484 |
| Insurance | $1,609 |
| All other expenses | $0 |
| Total functional expenses | $94,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,597 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,641 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $77,238 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $77,238 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Snipwell Spay Neuter & Wellness Clinic Inc Fort Mill, SC | $341,001 | $939,844 |
North Carolina Veterinary Medical Association Raleigh, NC | $2,669,443 | $1,456,893 |
Georgia Veterinary Medical Association Inc Norcross, GA | $2,044,998 | $1,004,458 |
Archdale Affordable Neuter & Wellness Clinic Inc Archdale, NC | $184,115 | $585,311 |
Catsnip Cares Foundation Snellville, GA | $159,651 | $637,171 |
Spay Today Inc Greenville, NC | $271,357 | $409,720 |
Nothing But Luck Inc Thomasville, NC | $102,149 | $445,342 |
South Carolina Association Of Veterinarians Columbia, SC | $650,723 | $362,713 |
Patterson Animal Welfare Society Incorporated Flowery Branch, GA | $418,258 | $642,149 |
East Albany Animal Clinic Albany, GA | $66,976 | $240,091 |
Georgia Veterinary Medical Association Foundation Inc Norcross, GA | $4,461 | $121,648 |
Animal Friends For Life Asheville, NC | $0 | $17,267 |