Elderpet
Nonprofit profile at a glance
- EIN
- 061714543
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Durham, NH, USA
- Phone
- 6037676856
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $117,653
- Expenses
- $29,113
- Assets
- $112,269
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- MICHAEL J CICCHESE (CHAIRPERSON)
- MARSHA BARDEN (VICE CHAIRPE)
- JOANNE FATUR (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Elderpet provides pet partners animal training and evaluations, no-interest loans for unexpected veterinary care, pet food assistance, and prescription cost assistance to low income seniors and people with disabilities.
What it reported doing in 2024
Elderpet provides no-interest loans to pet owners for unexpected veterinary care. These loans are marked as assets as they are to be paid back. We do have loan defaults wich are considered expenses for this program (300) and are logged as bad debts for this fy. Elderpet stopped this service this year because of our financial situation and did not allocate any general funds for it as in the past.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 100
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 22.9%; rating input score 23
- Program expense ratio: 92.3%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 75.3%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 3.86; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.4% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 15.5% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 22.9% of revenue deployed · 92.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $27K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 23/100.