American Association Of Equine Practitioners
- Assets
- $8.8m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 22
- Location
- Lexington, KY
- Founding
- 06/1964
- Data as of
- 06/2022
- EIN
- 84-6035908
Organization Overview
American Association Of Equine Practitioners is located in Lexington, KY. The organization was established in 1964. 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 06/2022, American Association Of Equine Practitioners employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Equine Practitioners 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 06/2022, American Association Of Equine Practitioners generated $7.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $6.9m during the year ending 06/2022. While expenses have increased by 1.0% 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.
Since 2015, American Association Of Equine Practitioners has awarded 15 individual grants totaling $542,329. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO AID, SPONSOR, PROMOTE AND CONTRIBUTE TO EDUCATION IN FURTHERANCE OF THE TREATMENT, CARE AND WELFARE OF THE HORSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ANNUAL CONVENTION FOR THE ORGANIZATION WHICH PROMOTES THE KNOWLEDGE OF EQUINE DISEASES THROUGH SCIENTIFIC PROGRAMS. THE ANNUAL CONVENTION WAS HELD IN NASHVILLE, TENNESSEE IN DECEMBER OF 2021. 5,411 INDIVIDUALS, INCLUDING 3,591 VETERINARIANS/MEMBERS, ATTENDED THE CONVENTION.
ANNUAL SEMINARS, WHICH ARE SIMILAR TO THE CONVENTION, THAT FOCUS ON SPECIFIC VETERINARY TOPICS AND VETERINARY PRACTICE MANAGEMENT. 90 INDIVIDUALS ATTENDED THE SEMINARS.
THE ORGANIZATION PROVIDES PUBLICATIONS, SUCH AS THE ANNUAL CONVENTION PROCEEDINGS BOOK AND MONTHLY VETERINARY SCIENTIFIC JOURNALS, TO MEMBERS TO FURTHER THE KNOWLEDGE OF VETERINARY PRACTICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Foley Executive Director | Officer | 35 | $317,831 |
Keith Kleine Director Of Industry Relations | 35 | $124,565 | |
Sally Baker Director Of Marketing | 35 | $120,788 | |
Lori Rawls Director Of Finance And Op | Officer | 35 | $116,142 |
Amy L Grice Vmd MBA Treasurer | Officer | 3 | $2,422 |
Katherine Garrett DVM Dacvs Vice President | Officer | 3 | $1,350 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,899,737 |
| Fundraising events | $0 |
| Related organizations | $95,000 |
| Government grants | $360,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $649,020 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,004,457 |
| Total Program Service Revenue | $3,956,059 |
| Investment income | $130,926 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $40,867 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,323 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,398,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,176 |
| 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. | $503,396 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,274,765 |
| Pension plan accruals and contributions | $56,553 |
| Other employee benefits | $269,117 |
| Payroll taxes | $128,187 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $241 |
| Fees for services: Accounting | $14,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,229 |
| Fees for services: Other | $16,688 |
| Advertising and promotion | $0 |
| Office expenses | $52,315 |
| Information technology | $203,449 |
| Royalties | $0 |
| Occupancy | $70,015 |
| Travel | $218,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,565,635 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $122,079 |
| Insurance | $26,164 |
| All other expenses | $246,216 |
| Total functional expenses | $6,877,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218 |
| Savings and temporary cash investments | $1,735,596 |
| 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 | $1,516,369 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $127,850 |
| Net Land, buildings, and equipment | $2,617,011 |
| Investments—publicly traded securities | $2,752,922 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,265 |
| Total assets | $8,765,231 |
| Accounts payable and accrued expenses | $56,028 |
| Grants payable | $0 |
| Deferred revenue | $2,857,722 |
| 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 | $2,939 |
| Total liabilities | $2,916,689 |
| Net assets without donor restrictions | $5,828,542 |
| Net assets with donor restrictions | $20,000 |
| 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 | $8,765,231 |
Grants Awarded
Over the last fiscal year, American Association Of Equine Practitioners has awarded $40,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HORSE COUNCIL INC PURPOSE: GRANT TO FURTHER EQUINE PROMOTION | $30,000 |
RACING MEDICATION AND TESTING PURPOSE: GRANT TO FURTHER EQUINE PROMOTION | $10,000 |