S Nipped EIN 80-0554538 Form 990 (PDF) Claim this org

S Nipped

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Prevent dog and cat overpopulation and euthanasia through education and low-cost spay/neuter services. For fiscal year 2024 it reported $472K in revenue, $456K in expenses, and $192K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
Coquille, OR
Website
[email protected]
Filings
5 on file (2020–2024)
Revenue
$472KFY2024
Expenses
$456K
Net assets
$192K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  80-0554538 Public charity (501(c)(3)) Coquille, OR
Form 990 (PDF)
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Size
$100K–1M
What they do
Prevent dog and cat overpopulation and euthanasia through education and low-cost spay/neuter services.
Leadership
William P Allen · Veterinarian · $166K
Money in and out
$472K revenue, $456K expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$472K
Pt VIII · Ln 12
Total expenses
$456K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs+0.03% vs prior filing year
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate▲ +19% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -54% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$472K
FY2024▼ -17%
Expenses
$456K
FY2024▼ -14%
Total assets
$412K
FY2024+0.03%
Total liabilities
$220K
FY2024▼ -6%
Total revenue
$472K
Pt VIII · Ln 12
Total expenses
$456K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$412K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CS Nipped
EINHdr · item D80-0554538
Principal addressHdr · item CCoquille, OR
WebsiteHdr · item J[email protected]
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFSep 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Veterinarian
$165,980Pt VII · Sec A
Vet Assist
$39,076Pt VII · Sec A
Vet Assist
$33,780Pt VII · Sec A
Clinic Helper
$13,697Pt VII · Sec A
Janitorial
$5,682Pt VII · Sec A
$5,280Pt VII · Sec A
Clinic Helper
$1,239Pt VII · Sec A
$705Pt VII · Sec A

William P Allen’s $166K as Veterinarian is at the 99th percentile of top reported officer pay among 1217 $100K–1M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
William P Allen$165,980$160,605$125,160$106,625$88,800
Richard Denton$61,875$51,690$50,425$40,425
Brandon Blevins$39,076$30,163$23,844$20,350$14,193
Lynndee L Alvarez$8,739$35,880$28,094$18,602
Shawn Gayhart$33,780$34,428$14,228
Judith Coleman$15,130
Rebecca Wharton$14,937
Suzanne Walker$13,697$6,117

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $443K of program spending, described in the organization's own filed words · FY2024.
01

S/Nipped provides low cost spay and neuter services and a few other ancillary services to the general public as well as transportation services. To date we have touched the lives of animals in more than 6 states and 14 counties. To date, we have served more than 12,000 animals.

$443Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$422K · 89%
Contributions & grants$50K · 11%
Program service revenue89%$422K
Contributions & grants11%$50K
Investment income$7
— government grantsLn 1e$28K
Total revenueLn 12$472K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$443K
Management & general3%$13K
Total functional expensesLn 25$456K

Balance Sheet

Part X · end of year
CashLn 1$95K
Total assetsLn 16$412K
Total liabilitiesLn 26$220K
Total net assetsLn 32$192K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $95K · Operating expenses/yr $456K
2.5 months
Where the money goes
Program services
Program services $443K · Total expenses $456K
97%
Management & General
Management & general $13K · Total expenses $456K
3%
Fundraising
Fundraising $0 · Total expenses $456K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $233K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $472K
11%
Government reliance
Government grants $28K · Total revenue $472K
6%
Earned-income share
Program service revenue $422K · Total revenue $472K
89%
Investment reliance
Investment income $7 · Total revenue $472K
<0.01%
Program self-sufficiency
Program service revenue $422K · Total expenses $456K
92%
Growth & trend
Revenue growth (YoY)
This year $472K · Prior year $570K
-17%
Revenue CAGR
FY2020 $299K · FY2024 $472K
+12%
Net-asset trend (YoY)
End of year $192K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $472K · Expenses $456K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $412K
Net-asset ratio
Net assets $192K · Total assets $412K
47%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $412K
0%
People & payroll
Highest Reported Total Compensation
Individual William P Allen · Reported title Veterinarian · Highest reported compensation $166K · Total expenses $456K
36%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $287K · Total expenses $456K
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth -17%
Investment management fee ratio 0%
Legal fee ratio 0.2%
Accounting fee ratio 3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$472K revenue · viewing · ⤓ 990 PDF
FY2023$570K revenue · ⤓ 990 PDF
FY2022$541K revenue · ⤓ 990 PDF
FY2021$410K revenue · ⤓ 990 PDF
FY2020$299K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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