International Council For Veterinary Assessment
- Assets
- $14.7m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 9
- Location
- Bismarck, ND
- Founding
- 03/1996
- Data as of
- 05/2023
- EIN
- 36-3992537
Organization Overview
International Council For Veterinary Assessment is located in Bismarck, ND. The organization was established in 1996. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 05/2023, International Council For Veterinary Assessment employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Council For Veterinary Assessment 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 05/2023, International Council For Veterinary Assessment generated $7.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $6.4m during the year ending 05/2023. While expenses have increased by 6.6% per year over the past 8 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
THE ICVA IS A NONPROFIT, VETERINARY EXAMINATION AND ASSESSMENT SERVICE THAT 1) PROVIDES WORLD-CLASS EXAMINATIONS AND OTHER ASSESSMENT TOOLS TO PROTECT THE PUBLIC AND ANIMAL HEALTH AND WELFARE; AND 2) PROVIDES LEADERSHIP AND FACILITATES COLLABORATION THROUGHOUT VETERINARY MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EXAMINATIONS FOR STATE, TERRITORIAL AND PROVINCIAL LICENSING BOARDS. APPROVED NAVLE CANDIDATES ON BEHALF OF OVER 30 STATE LICENSING BOARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Coe Director | Trustee | 1 | $0 |
Hilari French Director | Trustee | 1 | $0 |
Donna Harris Director | Trustee | 1 | $0 |
Fernando Marques Chair Elect | Trustee | 1 | $0 |
Keith Poulsen Director | Trustee | 1 | $0 |
Kathy Bowler Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Board Of Medical Examiners Administration Of Exams | 5/30/23 | $3,500,001 |
Swimmer Intergrated Marketing Inc Marketing Services | 5/30/23 | $109,724 |
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 | $7,444,627 |
| Investment income | $556,385 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$413,537 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,589,023 |
| 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. | $545,864 |
| Compensation of current officers, directors, key employees. | $204,699 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $618,803 |
| Pension plan accruals and contributions | $91,511 |
| Other employee benefits | $120,676 |
| Payroll taxes | $78,311 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,815 |
| Fees for services: Accounting | $94,265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,832 |
| Fees for services: Other | $97,291 |
| Advertising and promotion | $0 |
| Office expenses | $25,038 |
| Information technology | $27,719 |
| Royalties | $0 |
| Occupancy | $53,789 |
| Travel | $2,479 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $205,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,106 |
| Insurance | $35,665 |
| All other expenses | $40,350 |
| Total functional expenses | $6,394,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,771,182 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,110 |
| 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 | $807,795 |
| Net Land, buildings, and equipment | $26,172 |
| Investments—publicly traded securities | $11,919,502 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $111,968 |
| Other assets | $20,089 |
| Total assets | $14,667,818 |
| Accounts payable and accrued expenses | $267,011 |
| Grants payable | $0 |
| Deferred revenue | $115,885 |
| 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 | $0 |
| Total liabilities | $382,896 |
| Net assets without donor restrictions | $14,284,922 |
| 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 | $14,667,818 |
Grants Awarded
Over the last fiscal year, International Council For Veterinary Assessment has awarded $50,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF HOUSTON PURPOSE: GRANT FUNDING FOR A VETERINARY FORESIGHT PROJECT | $30,000 |
MIDWESTERN UNIVERSITY PURPOSE: GRANT FUNDING FOR A VETERINARY PROGRAM PROJECT | $10,000 |
UNIVERSITY OF GEORGIA - RESEARCH FOUNDATION PURPOSE: GRANT FUNDING FOR A VETERINARY PROGRAM PROJECT | $10,000 |