Emancipet

Legal name: Emancipet Inc

Nonprofit profile at a glance

EIN
742913624
IRS 990 coverage
2014–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Austin, TX, USA
Phone
5125877729
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$26,160,953
Expenses
$29,178,587
Assets
$12,020,097
Liabilities
$5,902,223

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • AMY MILLS (PRESIDENT AND CEO (THRU 12/24))
  • CHERYL KATON (PRESIDENT AND CEO (START 10/24))

Highest reported compensation

  • AMY MILLS (PRESIDENT AND CEO (THRU 12/24)): $364,625 total reported compensation
  • HOLLY PUTNAM (CHIEF MEDICAL OFFICER): $195,951 total reported compensation
  • RADHIKA STHANU (LEAD VETERINARIAN): $194,912 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To make high-quality, affordable veterinary care accessible to all pet owners.

What it reported doing in 2024

Other program services include dental services, additional surgeries, and emancipet new school trainings. In 2024, emancipet performed dental procedures for over 900 pets. Dental care is often skipped due to high costs and surgical fees. By offering these services at a transparent, affordable rate, we allow owners to address dental disease and oral pain that may otherwise go untreated.when pets require soft-tissue procedures like mass removals or wound repairs, the cost of specialty surgery can be a barrier to obtaining care. In 2024, we performed over 600 of these additional surgeries, providing a vital resource for owners to address urgent medical needs that fall outside of routine wellness or spay/neuter.beyond our own clinics, emancipet works to increase access to veterinary care. In 2024, we trained 3 external veterinarians in high-quality, high-volume surgical techniques. This program shares our efficient medical models with the broader veterinary community so more pets can be served nationwide.

Operating model

Revenue model
Earned-program. 81% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 16
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.6%; rating input score 95
  • Program expense ratio: 84.8%; rating input score 85
  • Fundraising efficiency: $3.03 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.5%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.49; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 6.2%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 14.7% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 13.3% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 19.5% per year; rating input score 100; 89th percentile among comparable filings

Details

  • What they do: 9 programs and campaigns described on the official site · 6 operating locations identified
  • Where the money goes: 94.6% of revenue deployed · 84.8% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $24.7M in reported program spending
  • Leadership: top reported pay $365K · 21 people listed · 6 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.