American College Of Veterinary Surgeons
- Assets
- $7.1m
- Revenue
- $4.1m
- Investments
- $3.2m
- Employees
- 18
- Location
- Germantown, MD
- Founding
- 11/1973
- Data as of
- 12/2021
- EIN
- 23-7143276
Organization Overview
American College Of Veterinary Surgeons is located in Germantown, MD. The organization was established in 1973. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, American College Of Veterinary Surgeons employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American College Of Veterinary Surgeons 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 12/2021, American College Of Veterinary Surgeons generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN COLLEGE OF VETERINARY SURGEONS (ACVS) IS A MEMBERSHIP ORGANIZATION COMPRISED OF VETERINARY SURGEONS FORMED TO ADVANCE THE ART AND SCIENCE OF VETERINARY SURGERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURGERY SUMMIT - PROMOTES THE EDUCATION OF THE RESIDENTS AND VETERINARIANS THROUGH THE EXCHANGE OF INFORMATION, SCIENTIFIC CLASSES AND LABS IN THE MOST UP-TO-DATE PROCEDURES.
EXAMINATION EVALUATION AND COMMITTEES - THERE ARE 6 GOVERNING COMMITTEES OF ACVS. DUTIES INCLUDE PLANNING FOR THE SURGERY SUMMIT, ANNUAL EXAMINATIONS AND ADMITTANCE OF NEW MEMBERS
RESIDENCY PROGRAM - ENCOMPASSES MULTIPLE COMMITTEES THAT ESTABLISH STANDARDS FOR RESIDENCY TRAINING, INCLUDING INDIVIDUAL REQUIREMENTS FOR TRAINING, STANDARDS FOR TRAINING PROGRAMS, AND STRATEGIC INITIATIVES FOR THESE PROGRAM AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann T Loew Chief Executive Officer | Officer | 39 | $281,186 |
Spencer A Johnston Chair - Emeritus | OfficerTrustee | 1 | $0 |
Karen Cornell Chair | OfficerTrustee | 1 | $0 |
Susan L Fubini President | OfficerTrustee | 1 | $0 |
Ronald M Mclaughlin Jr President - Elect | OfficerTrustee | 1 | $0 |
Julie D Smith Treasurer | OfficerTrustee | 1 | $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 | $3,052,552 |
| Investment income | $97,254 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $243,982 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,060,999 |
| 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 | $18,549 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $281,186 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,196,365 |
| Pension plan accruals and contributions | $29,029 |
| Other employee benefits | $83,539 |
| Payroll taxes | $46,171 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,138 |
| Fees for services: Accounting | $7,469 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,709 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,212 |
| Office expenses | $260,770 |
| Information technology | $85,484 |
| Royalties | $0 |
| Occupancy | $75,435 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $179,996 |
| Interest | $0 |
| Payments to affiliates | $129,079 |
| Depreciation, depletion, and amortization | $46,176 |
| Insurance | $0 |
| All other expenses | $5,574 |
| Total functional expenses | $3,564,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,671,797 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $367,087 |
| 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 | $323,229 |
| Net Land, buildings, and equipment | $1,470,758 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,214,775 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,037 |
| Total assets | $7,052,683 |
| Accounts payable and accrued expenses | $205,231 |
| Grants payable | $0 |
| Deferred revenue | $932,906 |
| 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 | $6,113 |
| Total liabilities | $1,144,250 |
| Net assets without donor restrictions | $5,908,433 |
| 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 | $7,052,683 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American College Of Veterinary Surgeons has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
Acvs Foundation Inc Germantown, MD PURPOSE: NAT WHITE EQUINE RESEARCH, FRANCIS IRWIG FUND AND CONTINUING EDUCATION - SUICIDE INTERVENTION | $9,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American College Of Medical Genetics And Genomics Bethesda, MD | $5,251,363 | $10,964,294 |
American Association Of Immunologists Inc Rockville, MD | $91,493,241 | $15,247,854 |
American Roentgen Ray Society Leesburg, VA | $36,171,953 | $9,848,662 |
Acog Foundation Washington, DC | $128,825,789 | $4,640,041 |
National Tuberous Sclerosis Association Inc Silver Spring, MD | $14,827,937 | $8,909,542 |
Public Health Accreditation Board Alexandria, VA | $6,402,113 | $3,985,968 |
American College Of Veterinary Surgeons Germantown, MD | $7,052,683 | $4,060,999 |
Life Sciences Pennsylvania King Of Prussia, PA | $1,967,524 | $2,924,770 |
Society Of General Internal Medicine Alexandria, VA | $9,837,369 | $3,557,166 |
American College Of Physicians Services Inc Philadelphia, PA | $3,676,271 | $2,467,201 |
American Board Of Allergy & Immun A Cons Board Of Am Bd Int Med Etal Philadelphia, PA | $7,560,315 | $2,248,891 |
Pennsylvania Osteopathic Medical Association Inc Harrisburg, PA | $12,244,239 | $1,991,591 |