Christian Veterinary Mission Foundation
- Assets
- $8.4m
- Revenue
- $14.1m
- Investments
- $0.0
- Employees
- 66
- Location
- Lynnwood, WA
- Founding
- Data as of
- 06/2022
- EIN
- 85-2465430
Organization Overview
Christian Veterinary Mission Foundation is located in Lynnwood, WA. According to its NTEE Classification (D40) the organization is classified as: Veterinary Services, under the broad grouping of Animal-Related and related organizations. As of 06/2022, Christian Veterinary Mission Foundation employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Veterinary Mission Foundation 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 06/2022, Christian Veterinary Mission Foundation generated $14.1m in total revenue. All expenses for the organization totaled $6.1m during the year ending 06/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN VETERINARY MISSION (CVM) SERVES TO CHALLENGE, EMPOWER AND FACILITATE VETERINARY PROFESSIONALS TO SERVE OTHERS, LIVING OUT THEIR CHRISTIAN FAITH THROUGH LONG TERM MISSIONS, SHORT TERM MISSIONS, PROFESSIONAL MINISTRY, AFFLIATE MINISTRY AND TRAINING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR CVM LONG-TERM PROJECTS AND CVM LONG-TERM MISSIONS DEPARTMENT PROGRAM ACCOMPLISHMENTS.
SEE SCHEDULE O FOR CVM SHORT-TERM MISSIONS PROGRAM ACCOMPLISHMENTS
SEE SCHEDULE O FOR CVM WORKPLACE AND STUDENT MINISTRIES PROGRAM ACCOMPLISHMENTS
CVM BECAME AN INDEPENDENT ORGANIZATION ON JULY 1, 2021 AND FY22 WAS TRANSITIONAL YEAR FOR ALL PROGRAMS, STAFF, AND THE BOARD. THE TRAINING AND EDUCATIONAL MATERIALS DEPARTMENT TRANSFORMED MID-YEAR TO THE PROFESSIONAL DEVELOPMENT AND SPIRITUAL WELLNESS (PDSW) DEPARTMENT TO EMPHASIZE THE PRIORITY OF PROGRAMS THAT PROMOTE (1) WORKFORCE AND CAREER EDUCATION AND GROWTH, AND (2) PSYCHOLOGICAL, EMOTIONAL, AND SPIRITUAL WELLNESS OF THE CVM CONSTITUENCY (PARTNERS IN PRAYER, GIVING AND SERVICE) AND CVM STAFF (BOTH CVM USA AND INTERNATIONAL FIELD WORKERS). A SIGNIFICANT ACCOMPLISHMENT IN FY22 WAS THE HOSTING OF OUR FIRST CVM VETERINARY CONFERENCE, NOVEMBER 5-7, 2021 WITH 365 PARTICIPANTS. THE OBJECTIVE OF THE CONFERENCE WAS WAS TO PROVIDE QUALITY VETERINARY CONTINUING EDUCATION APPROVED BY THE REGISTRY OF APPROVED CONTINUING EDUCATION (RACE) AND OFFER TRUSTED MINISTRY SPEAKERS TO CHALLENGE, EMPOWER AND FACILITATE VETERINARY PROFESSIONALS IN THEIR FAITH JOURNEY. A SECOND MAJOR FY22 ACHIEVEMENT WAS THE PRODUCTION OF AN ONLINE INTERACTIVE SERIES KNOWN AS CVM FIRESIDE CHATS (FSC) WITH SPEAKERS ON VARIOUS MISSIONS TOPICS, SUCH AS SERVING ON SHORT-TERM MISSIONS IN SPECIFIC COUNTRIES, AND UPDATES FROM CVM LONG-TERM FIELD WORKERS SERVING ABROAD. THIS NOVEL INITIATIVE DURING THE PERIOD OF COVID SHUTDOWN HELPED TO MAINTAIN CONNECTIONS OF CVM'S CONSTITUENTS AND MISSIONS LEADERS WHEN TRAVEL WAS NOT POSSIBLE. CVM HOSTED 13 FSCS FOR VETERINARY PROFESSIONALS THAT INCLUDED 23 SPEAKERS AND 602 PARTICIPANTS OVER A 7-MONTH PERIOD. ADDITIONAL FSCS WERE HOSTED FOR VETERINARY STUDENTSTHE CVM ELEARNING AN ONLINE CHRIST-CENTERED, LEARNER-FOCUSED TRAINING PLATFORM. TAUGHT BY EXPERTS IN VETERINARY MISSIONS AND MINISTRY, EACH COURSE IS SELF-PACED, INTERACTIVE, AND ENGAGING. THE PLATFORM EXPERIENCED 13.8% GROWTH IN 2022 WITH 221 ACTIVE USERS. LAUNCHED IN THE FALL OF 2016, THE PLATFORM CONTAINS A CATALOG OF COURSES AND OTHER MATERIALS RELATED TO TOPICS ON FAITH AND WELLNESS, LONG-TERM MISSIONS, SHORT-TERM MISSIONS, WORKPLACE MINISTRY, STUDENT MINISTRY, VETERINARY MEDICINE, CVM INFORMATION, AND CVM STAFF TRAINING. THE ELEARNING STORE OFFERS FREE RACE-APPROVED CONTINUING EDUCATION COURSES RELATED TO VETERINARY MEDICINE, EACH WITH AN ACCOMPANYING DEVOTION. THE ELEARNING RESOURCES CONTAIN BOOKS, DEVOTIONALS, AND SUPPORT WORKSHEETS RELATED TO TOPICS ON FAITH AND WELLNESS, VETERINARY MEDICINE, WORKPLACE MINISTRY AND STUDENT MINISTRY. THE PLATFORM HOLDS A TOTAL OF 218 COURSES AND MATERIALS READILY ACCESSIBLE TO ALL CVM CONSTITUENTS AND STAFF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Lee Myers CEO | Officer | 60 | $104,171 |
Dr Robert Kit Flowers Executive Director | Officer | 40 | $72,098 |
Dr Page Wages Chair | OfficerTrustee | 10 | $0 |
Dr Joe Wright Chair-Elect | OfficerTrustee | 8 | $0 |
Dr Ginger Pelc Secretary | OfficerTrustee | 8 | $0 |
Mike Mctigue Treasurer | OfficerTrustee | 4 | $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 | $13,741,021 |
| Noncash contributions included in lines 1a–1f | $263,452 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,741,021 |
| Total Program Service Revenue | $197,830 |
| Investment income | $121,210 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,000 |
| Net Gain/Loss on Asset Sales | $74,820 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,144,881 |
| 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. | $207,790 |
| Compensation of current officers, directors, key employees. | $70,567 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,693,222 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $464,352 |
| Payroll taxes | $274,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $922 |
| Fees for services: Accounting | $25,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,204 |
| Fees for services: Other | $66,617 |
| Advertising and promotion | $376 |
| Office expenses | $45,617 |
| Information technology | $216,189 |
| Royalties | $0 |
| Occupancy | $39,206 |
| Travel | $60,474 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,766 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,323 |
| Insurance | $26,926 |
| All other expenses | $2,245 |
| Total functional expenses | $6,069,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $965,513 |
| Savings and temporary cash investments | $1,000,050 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $200,400 |
| 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 | $67,493 |
| Net Land, buildings, and equipment | $277,406 |
| Investments—publicly traded securities | $5,833,767 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,075 |
| Other assets | $0 |
| Total assets | $8,354,704 |
| Accounts payable and accrued expenses | $372,318 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $372,318 |
| Net assets without donor restrictions | $1,290,617 |
| Net assets with donor restrictions | $6,691,769 |
| 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 | $8,354,704 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Christian Veterinary Mission Foundation has recieved totaling $191,479.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $154,100 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $23,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,979 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $6,400 |
Endowment Analysis
| Earnings | -$221,148 |
| Net Contributions | $1,750,926 |
| Other Expense | $65,192 |
| Ending Balance | $1,464,586 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Veterinary Mission Foundation Lynnwood, WA | $8,354,704 | $14,144,881 |
Washington State Veterinary Medical Assn Redmond, WA | $874,732 | $759,007 |
Douglas County Low Cost Veterinary Services Roseburg, OR | $246,722 | $719,573 |
Community Veterinary Center Eugene, OR | $329,780 | $330,324 |
Portland Veterinary Medical Association Portland, OR | $147,426 | $245,968 |
South County Cats Maple Valley, WA | $539,765 | $153,560 |
Alaska State Veterinary Medical Association Inc Wasilla, AK | $140,627 | $0 |
Stumptown Strays Dog Rescue A Nonprofit Corporation Portland, OR | $151,383 | $0 |
American Veterinary Medical Association Pullman, WA | $233,333 | $64,495 |
Washington State Association Of Veterinary Technicians Uniontown, WA | $275,253 | $0 |
Visiting Veterinarians Damascus, OR | $59,924 | $0 |
American Veterinary Medical Association Corvallis, OR | $125,720 | $0 |