American Board Of Veterinary Practitioners Inc
- Assets
- $941.2k
- Revenue
- $390.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Mt Juliet, TN
- Founding
- 10/1983
- Data as of
- 06/2021
- EIN
- 16-1128973
Organization Overview
American Board Of Veterinary Practitioners Inc is located in Mt Juliet, TN. The organization was established in 1983. According to its NTEE Classification (D40) the organization is classified as: Veterinary Services, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Veterinary Practitioners Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, American Board Of Veterinary Practitioners Inc generated $390.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $333.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 6 years. 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
THE AMERICAN BOARD OF VETERINARY PRACTITIONERS (ABVP)IS COMMITTED TO EXCELLENCE IN SPECIES-SPECIALIZED VETERINARY PRACTICE FOR THE WELL-BEING OF ANIMALS AND THOSE WHO CARE FOR THEM, STRIVING TO MAKE A DIFFERENCE IN THE WORLD THROUGH PROFESSIONAL CERTIFICATION, EDUCATION, AND INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN BOARD OF VETERINARY PRACTITIONERS HOLDS A SYMPOSIUM FOR MEMBERS WITH EDUCATIONAL AND MOTIVATIONAL SPEAKERS, AS WELL AS NETWORKING, CERTIFICATION AND CONTINUING EDUCATION OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Gary Thompson Vice President | OfficerTrustee | 5 | $0 |
Dr Suma Rao Treasurer | OfficerTrustee | 5 | $0 |
Dr Bill Folger President Elect | OfficerTrustee | 5 | $0 |
Dr Jonathan Townsend President | OfficerTrustee | 5 | $0 |
Dr Tracey Jensen Nmc Chair & Immediate Past President | OfficerTrustee | 5 | $0 |
Marisa Hackemann Executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $390,767 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $390,790 |
| 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 | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $190,829 |
| Fees for services: Legal | $8,351 |
| Fees for services: Accounting | $10,642 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,175 |
| Information technology | $922 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,327 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $777 |
| Insurance | $4,099 |
| All other expenses | $9,115 |
| Total functional expenses | $333,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $668,161 |
| Savings and temporary cash investments | $237,057 |
| 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 | $20 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,703 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,222 |
| Other assets | $0 |
| Total assets | $941,163 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $267,042 |
| 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 | $552 |
| Other liabilities | $0 |
| Total liabilities | $267,594 |
| Net assets without donor restrictions | $673,569 |
| 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 | $941,163 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Board Of Veterinary Practitioners Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
American Society For The Prevention Of Cruelty To Animals New York, NY PURPOSE: LIVE RELEASE Live Release | $15,000 |
American Society For The Prevention Of Cruelty To Animals New York, NY PURPOSE: LIVE RELEASE Live Release | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paws Of Honor Inc Williamsburg, VA | $1,452,902 | $7,932,106 |
Pet Community Center Inc Nashville, TN | $1,189,232 | $2,328,198 |
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 |
Missouri Veterinary Medical Association Jefferson City, MO | $603,609 | $694,318 |
Tennessee Veterinary Medical Association Fayetteville, TN | $1,081,349 | $677,422 |
Archdale Affordable Neuter & Wellness Clinic Inc Archdale, NC | $184,115 | $585,311 |
Catsnip Cares Foundation Snellville, GA | $159,651 | $637,171 |
Virginia Veterinary Medical Association Incorporated Richmond, VA | $1,151,899 | $507,087 |
Spay Today Inc Greenville, NC | $271,357 | $409,720 |
Nothing But Luck Inc Thomasville, NC | $102,149 | $445,342 |
Kentucky Veterinary Medical Association Inc Frankfort, KY | $1,223,072 | $399,510 |