American Association Of Veterinary State Boards
- Assets
- $16.9m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 42
- Location
- Overland Park, KS
- Founding
- 02/1997
- Data as of
- 12/2023
- EIN
- 22-2390391
Organization Overview
American Association Of Veterinary State Boards is located in Overland Park, KS. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, American Association Of Veterinary State Boards employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Veterinary State Boards is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Association Of Veterinary State Boards generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $8.6m during the year ending 12/2023. While expenses have increased by 13.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND ADVANCE THE REGULATION OF VETERINARY MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERINARY TECHNICIAN NATIONAL EXAMINATION (VTNE) - THE VTNE PROGRAM PROVIDES EXAMINATION SERVICES TO STATE/PROVINCIAL REGULATORY BOARDS CHARGED WITH CREDENTIALING VETERINARY TECHNICIANS. THE EXAM ASSISTS REGULATORY BOARDS IN THEIR MISSION OF PROTECTING THE PUBLIC BY ENSURING THAT VETERINARY TECHNICIANS DEMONSTRATE A SPECIFIED LEVEL OF KNOWLEDGE AND SKILLS, ASSESSES THE PROFESSIONAL COMPETENCY OF VETERINARY TECHNICIANS IN TERMS OF THEIR QUALIFICATIONS TO ENTER PRACTICE, AND PROVIDES A COMMON STANDARD IN THE EVALUATION OF CANDIDATES THAT IS COMPARABLE FROM JURISDICTION TO JURISDICTION. APPROXIMATELY 10,000 CANDIDATES WERE TESTED IN 2023. IN ADDITION, OVER 5,400 CANDIDATES COMPLETED ONLINE PRACTICE TESTS IN 2023.
REGISTRY OF APPROVED CONTINUING EDUCATION (RACE) - THE RACE PROGRAM EVALUATES AND APPROVES PROVIDERS AND PROGRAMS OF CONTINUING EDUCATION IN VETERINARY MEDICINE AGAINST UNIFORM STANDARDS. IN 2023, THE RACE PROGRAM APPROVED OVER 7,000 PROGRAMS. THE PROGRAM IS OFFERED AS A SERVICE TO THE PARTICIPATING MEMBER BOARDS TO ASSIST THEM IN FULFILLING THEIR STATUTORY PUBLIC AND ETHICAL OBLIGATIONS IN LEGAL STATUTORY PUBLIC AND ETHICAL OBLIGATIONS IN LEGAL REGULATION AND ENFORCEMENT.
MEMBER SERVICES - HELPS REGULATORY BOARDS OPERATE EFFECTIVELY AND EFFICIENTLY THROUGH BEST PRACTICES AND CONNECTING YOU WITH PEERS AND RELEVANT INFORMATION AND DATA THROUGH LEGISLATIVE TRACKING, WEBINARS AND TRAININGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Penrod Chief Executive Officer/non-Voting Secretary | OfficerTrustee | 40 | $301,833 |
Elizabeth Venit Vmd MPH Dacvpm Chief Veterinary Officer | Officer | 40 | $179,958 |
Daphne Tabbytite Chief Business Officer | Officer | 38 | $179,076 |
Christina Bagby Chief Strategy Officer | Officer | 40 | $145,704 |
Nancy Grittman Chief Risk Management Officer | Officer | 40 | $133,704 |
Leslie Knachel MPH Immediate Past-President | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Psi Services Llc Exam Services | 12/30/23 | $738,352 |
Loews Kansas City Hotel Hotel And Converence Space | 12/30/23 | $567,887 |
Mighty Citizen Inc Branding & Marketing | 12/30/23 | $199,000 |
Adventure Tech Group Inc Information Technology | 12/30/23 | $344,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,955 |
| 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 | $31,955 |
| Total Program Service Revenue | $7,047,222 |
| Investment income | $1,642,206 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,755 |
| 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 | $8,757,748 |
| 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. | $1,138,774 |
| Compensation of current officers, directors, key employees. | $270,660 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,808,609 |
| Pension plan accruals and contributions | $98,510 |
| Other employee benefits | $306,505 |
| Payroll taxes | $205,661 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $92,012 |
| Fees for services: Accounting | $50,644 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,563 |
| Fees for services: Other | $1,069,175 |
| Advertising and promotion | $73,385 |
| Office expenses | $284,358 |
| Information technology | $218,339 |
| Royalties | $0 |
| Occupancy | $201,275 |
| Travel | $970,721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,889 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $517,333 |
| Insurance | $44,721 |
| All other expenses | $0 |
| Total functional expenses | $8,629,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $478,617 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $230,833 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $126,670 |
| Net Land, buildings, and equipment | $3,627,322 |
| Investments—publicly traded securities | $12,065,218 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $346,350 |
| Other assets | $5,120 |
| Total assets | $16,880,130 |
| Accounts payable and accrued expenses | $505,715 |
| Grants payable | $0 |
| Deferred revenue | $655,090 |
| 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 | $0 |
| Other liabilities | $5,120 |
| Total liabilities | $1,165,925 |
| Net assets without donor restrictions | $15,714,205 |
| 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 | $16,880,130 |