National Board Of Veterinary Medical Examinors
- Assets
- $13.8m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 8
- Location
- Bismarck, ND
- Founding
- 03/1996
- Data as of
- 05/2022
- EIN
- 36-3992537
Organization Overview
National Board Of Veterinary Medical Examinors, operating under the name 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 05/2022, International Council For Veterinary Assessment employed 8 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 05/2022, International Council For Veterinary Assessment generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $5.4m during the year ending 05/2022. While expenses have increased by 5.1% 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
2022
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 |
|---|---|---|---|
Heather Case Chief Executive Officer | Officer | 40 | $220,505 |
C Bruce Louderback Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Kathy Bowler Chair Elect | OfficerTrustee | 1 | $0 |
Maureen Wichtel Past Chair | OfficerTrustee | 1 | $0 |
Annabelle Denson Director | OfficerTrustee | 1 | $0 |
Fernando Marques Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Board Of Medical Examiners Administration Of Exams | 5/30/22 | $5,231,449 |
Swimmer Intergrated Marketing Inc Marketing Services | 5/30/22 | $138,473 |
Dorsey & Whitney Legal Fees | 5/30/22 | $110,556 |
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 | $6,256,145 |
| Investment income | $961,955 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $505,041 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,723,200 |
| 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 | $6,676 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $372,660 |
| Compensation of current officers, directors, key employees. | $372,660 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $563,991 |
| Pension plan accruals and contributions | $75,986 |
| Other employee benefits | $121,702 |
| Payroll taxes | $60,570 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,377 |
| Fees for services: Accounting | $81,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,163 |
| Fees for services: Other | $111,831 |
| Advertising and promotion | $0 |
| Office expenses | $47,817 |
| Information technology | $20,379 |
| Royalties | $0 |
| Occupancy | $52,266 |
| Travel | $2,323 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $105,354 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,297 |
| Insurance | $30,489 |
| All other expenses | $9,490 |
| Total functional expenses | $5,434,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $496,301 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,400 |
| 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 | $699,321 |
| Net Land, buildings, and equipment | $29,610 |
| Investments—publicly traded securities | $12,433,149 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,829 |
| Total assets | $13,802,610 |
| Accounts payable and accrued expenses | $162,444 |
| Grants payable | $0 |
| Deferred revenue | $900 |
| 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 | $163,344 |
| Net assets without donor restrictions | $13,639,266 |
| 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 | $13,802,610 |
Grants Awarded
Over the last fiscal year, National Board Of Veterinary Medical Examinors 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 |
Downers Grove, IL PURPOSE: GRANT FUNDING FOR A VETERINARY PROGRAM PROJECT | $10,000 |
Athens, GA PURPOSE: GRANT FUNDING FOR A VETERINARY PROGRAM PROJECT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Board Of Veterinary Medical Examinors Bismarck, ND | $13,802,610 | $7,723,200 |
Minnesota Medical Association Minneapolis, MN | $26,567,946 | $4,234,850 |
Minnesota Dental Association Minneapolis, MN | $9,264,226 | $3,350,687 |
American Board Of Neurological Surgery Rochester, MN | $12,646,232 | $4,755,830 |
Montana Medical Association Helena, MT | $1,822,868 | $1,521,862 |
South Dakota State Medical Association Sioux Falls, SD | $10,781,756 | $1,840,981 |
Twin Cities Medical Society Roseville, MN | $1,384,037 | $782,382 |
Academy Of Neurologic Physical Therapy Inc Roseville, MN | $2,802,428 | $712,000 |
South Dakota Dental Association Pierre, SD | $927,015 | $722,720 |
Montana Dental Association Inc Helena, MT | $552,170 | $460,581 |
American Academy Of Head Facial And Neck Pain & Tmj Orthopedics Bozeman, MT | $250,729 | $435,810 |
Minnesota Podiatry Association Inc St Paul, MN | $120,834 | $389,649 |