Civic Intelligence

Petopia Inc.

990 • Fiscal year 2022 • EIN 86-2792692

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 16, 2023

111 Winsome LaneChapel Hill, NC 27516

(520) 721-5000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

2022 filings • NTEE D • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.02x

Higher debt load relative to revenue than 34% of similar nonprofits.

2022 filings • NTEE D • $1M-$5M nonprofits • Source year 2022

Net Margin

73rd percentile

27%

Higher net margin than 73% of similar nonprofits.

2022 filings • NTEE D • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

41st percentile

$0

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE D • $1M-$5M nonprofits • Source year 2022

Asset Growth

93rd percentile

86%

Faster asset growth than 93% of similar nonprofits.

2022 filings • NTEE D • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-70%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • NTEE D • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,604,336

Up $118,039 (+4.7%) from 2021

Net Assets

Up

$2,596,617

Up $110,320 (+4.4%) from 2021

Liabilities

Up

$7,719

Up $7,719 from 2021

Revenue

Down

$413,924

Down $2,072,373 (-83%) from 2021

Expenses

Up

$303,604

Up $303,604 from 2021

Net Income

Down

$110,320

Down $2,375,977 (-96%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2021: $2,486,297Liabilities 2021: $0Net Assets 2021: $2,486,2972021Assets 2022: $2,604,336Liabilities 2022: $7,719Net Assets 2022: $2,596,6172022Assets 2023: $2,459,744Liabilities 2023: $4,862Net Assets 2023: $2,454,8822023Assets 2024: $2,210,115Liabilities 2024: $0Net Assets 2024: $2,210,1152024

Highlighted filing

2022

Assets$2,604,336
Liabilities$7,719
Net Assets$2,596,617

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $2,486,297Expenses 2021: $0Net Income 2021: $2,486,2972021Revenue 2022: $413,924Expenses 2022: $303,604Net Income 2022: $110,3202022Revenue 2023: $104,741Expenses 2023: $246,476Net Income 2023: -$141,7352023Revenue 2024: $86,679Expenses 2024: $331,446Net Income 2024: -$244,7672024

Highlighted filing

2022

Revenue$413,924
Expenses$303,604
Net Income$110,320
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 16, 2023
Return Version
2022v5.0
Gross Receipts
$413,924
Mission and Program Overview

Mission

Health for EEveryone, Everything, Everywhere, Everyday! See Schedule 0.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,400,500$1,308,979▼ $91,521
Pledges and Grants Receivable$1,085,797$1,143,497▲ $57,700
Cash and Non-Interest-Bearing Accounts-$148,873-
Prepaid Expenses and Deferred Charges-$2,987-
Total Assets$2,486,297$2,604,336▲ $118,039
Liabilities
Accounts Payable and Accrued Expenses-$7,719-
Total Liabilities$0$7,719▲ $7,719
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,486,297$2,574,432▲ $88,135
Net Assets Without Donor Restrictions-$22,185-
Total Net Assets Fund Balance$2,486,297$2,596,617▲ $110,320
Total Liabilities and Net Assets / Fund Balance$2,486,297$2,604,336▲ $118,039
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elizabeth SaulPresident
Samuel SaintongeSecretary
John BooneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$405,245
Program Service Revenue
$0
Investment Income
$8,479
Other Revenue
$200
All Other Contributions
$405,245
Change in Net Assets
$110,320

Audited Revenue Reconciliation

Revenue per Audited Statements
$413,924
Total Revenue per Audited Statements
$413,924
Total Revenue per Form 990
$413,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,009
Salaries, Compensation, and Employee Benefits$29,595
Total Fundraising Expense$197
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$240,667--$240,667
Other Salaries and Wages$20,007$6,668-$26,675
Fees for Services Accounting-$4,900-$4,900
Advertising$3,791--$3,791
Payroll Taxes$2,190$730-$2,920
Office Expenses$888$888$197$1,973
All Other Expenses$798$798-$1,596
Other Expenses$1,159--$1,159
Travel$1,025--$1,025
Insurance$243$452-$695
Total Functional Expenses$288,971$14,436$197$303,604

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$303,604
Total Expenses per Audited Statements$303,604
Total Expenses per Form 990$303,604
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Elizabeth SaulPresidentProgram managementNo$193,906
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The draft 990 will be emailed to all three board members providing them with the opportunity to ask questions, review and approve before it is finalized and submitted.

Conflict of interest policy compliance Part VI line 12C

The Board of Directors regularly and consistently monitors and enforces compliance with the conflict-of-interest policy by reviewing annual statements and taking such other actions as are necessary for effective oversight.

Form 990 availability to public Part VI line 18

The Form 990 is available to the public upon request.

Governing documents etc available to public Part VI line 19

Financial documents will be listed on the Petopia.org website as well as available by request to send via email. Other documents will be provided to each state during the state registration process and can be found on each states charity websites and will also be available upon request.

Filing and Contact Details

Filer

Filer Name
Petopia Inc
EIN
86-2792692
Address
111 Winsome Lane, Chapel Hill, NC 27516

Signing Officer

Name
Elizabeth Saul
Title
President
Signed
2023-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Saul
Formed
2021
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
2
Employees
2

Preparer

Firm
Jennifer J Phillips CPA PLLC
Address
4911 N Camino Luz, Tucson, AZ 85718
Preparer
Jennifer J Phillips
Phone
5202477087
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Other fees include contracted program management, vaccine services and independent contractors (labor).

General explanation attachment

Part 3 Line 1 Exempt Purpose:We endeavor to promote community health by supporting healthy connections between humans, animals and environment and to reduce animal suffering by providing for access to veterinary care, promoting animal welfare and preserving open space through direct support, demonstration research, projects, marketing, and support services. Statement of Program Accomplishments:Community Vaccination EventsPetopia held two community vaccination events in TX in 2022. These events provided free vaccines to dogs and cats in low-income communities. With the assistance of Petco Love, who provided the funding for the events we were able to vaccinate over 3,000 pets! Internal Access to Care Our goal of providing quality veterinary care regardless of income doesnt just stop in the US. In 2022 we helped vaccinate and provide other medical care to animals in the Dominican Republic through our partner vet provider Heal. Farm Animal Sanctuary2022 was a busy year on the farm. We rescued a pig, goat and a new horse. All will live out their days comfortably and well cared for at our animal sanctuary located in NC. Reno Care Desert Impact PracticeDr. Sarah Wilson started her house-call vet practice in the winter of 2022. She is the first vet to be on-boarded through our partnership with the Duffield Foundation in an effort to bring more vets to Reno, NV an identified veterinary care desert. Her practice will serve all of Reno with a particular focus on low-income communities.

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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0During the year December 31, 2022, Petopia entered into a contract with Two Hound Dogs, LLC, ( the LLC) a company partly owned by Elizabeth Saul. Pursuant to the terms of the agreement, the LLC provides operational, management and oversight support for access-to-care initiatives and other activities supporting independent veterinarians providing access-to-care in vulnerable communities. The contract may be terminated by either party upon 90 days prior written notice.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The draft 990 will be emailed to all three board members providing them with the opportunity to ask questions, review and approve before it is finalized and submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors regularly and consistently monitors and enforces compliance with the conflict-of-interest policy by reviewing annual statements and taking such other actions as are necessary for effective oversight.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Financial documents will be listed on the Petopia.org website as well as available by request to send via email. Other documents will be provided to each state during the state registration process and can be found on each states charity websites and will also be available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other fees include contracted program management, vaccine services and independent contractors (labor).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Part 3 Line 1 Exempt Purpose:We endeavor to promote community health by supporting healthy connections between humans, animals and environment and to reduce animal suffering by providing for access to veterinary care, promoting animal welfare and preserving open space through direct support, demonstration research, projects, marketing, and support services. Statement of Program Accomplishments:Community Vaccination EventsPetopia held two community vaccination events in TX in 2022. These events provided free vaccines to dogs and cats in low-income communities. With the assistance of Petco Love, who provided the funding for the events we were able to vaccinate over 3,000 pets! Internal Access to Care Our goal of providing quality veterinary care regardless of income doesnt just stop in the US. In 2022 we helped vaccinate and provide other medical care to animals in the Dominican Republic through our partner vet provider Heal. Farm Animal Sanctuary2022 was a busy year on the farm. We rescued a pig, goat and a new horse. All will live out their days comfortably and well cared for at our animal sanctuary located in NC. Reno Care Desert Impact PracticeDr. Sarah Wilson started her house-call vet practice in the winter of 2022. She is the first vet to be on-boarded through our partnership with the Duffield Foundation in an effort to bring more vets to Reno, NV an identified veterinary care desert. Her practice will serve all of Reno with a particular focus on low-income communities.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0288971
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08679
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0413924
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02486297
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02604336
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01025
IRS990/TravelGrp/TotalAmt01025
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.petopia.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Elizabeth Saul
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Petopia Inc
ReturnHeader/Filer/BusinessNameControlTxt0PETO
ReturnHeader/Filer/EIN0862792692
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 Winsome Lane
ReturnHeader/Filer/USAddress/CityNm0Chapel Hill
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027516
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455076143
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jennifer J Phillips CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04911 N Camino Luz
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tucson
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085718
ReturnHeader/PreparerPersonGrp/PhoneNum05202477087
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jennifer J Phillips
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-08-16T16:53:20-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Elizabeth
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Saul
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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