Christian Veterinary Mission Foundation
- Assets
- $10.1m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 66
- Location
- Lynnwood, WA
- Founding
- Data as of
- 06/2023
- 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 06/2023, 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 06/2023, Christian Veterinary Mission Foundation generated $8.6m in total revenue. All expenses for the organization totaled $7.2m during the year ending 06/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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.
THE PROFESSIONAL DEVELOPMENT AND SPIRITUAL WELLNESS (PDSW) DEPARTMENT EMPHASIZES THE PRIORITY OF PROGRAMS THAT PROMOTE (1) WORKFORCE AND CAREER EDUCATION AND GROWTH, AND (2) HOLISTIC WELLNESS OF CVM SUPPORTERS (THOSE ENGAGED IN PRAYER, GIVING AND SERVICE) AND CVM STAFF (BOTH CVM USA AND INTERNATIONAL FIELD WORKERS). A SIGNIFICANT ACCOMPLISHMENT IN FY23 WAS THE HOSTING OF OUR SECOND CVM VETERINARY CONFERENCE, NOVEMBER 1-3, 2023 WITH 929 PARTICIPANTS, WHICH WAS MORE THAN 2.5 TIMES INCREASE OVER THE PREVIOUS YEAR. THE PURPOSE OF THE ANNUAL CONFERENCE IS 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 FY23 ACHIEVEMENT WAS THE CONTINUED GROWTH OF THE CVM ONLINE CHRIST-CENTERED, LEARNER-FOCUSED ELEARNING TRAINING PLATFORM. TAUGHT BY EXPERTS IN VETERINARY MISSIONS AND MINISTRY, EACH COURSE IS SELF-PACED, INTERACTIVE, AND ENGAGING. THE PLATFORM EXPERIENCED 20.2% GROWTH DURING THE FISCAL YEAR WITH 510 ACTIVE USERS (130.8% ACTIVE USER INCREASE FROM PREVIOUS FISCAL YEAR). THE ELEARNING STORE OFFERS FREE RACE-APPROVED CONTINUING EDUCATION COURSES RELATED TO VETERINARY MEDICINE. IN TOTAL, 2428 COURSES WERE COMPLETED BY LEARNERS IN THIS FISCAL YEAR. THIS PLATFORM WAS EXPANDED TO INCLUDE STAFF FOCUSED ELEARNING TRAINING. THIS EXPANSION PROVIDES RESOURCES FOCUSED ON WELLBEING, PROFESSIONAL DEVELOPMENT AND SPIRITUAL WELLNESS FOR EMPLOYEES. A TOTAL OF NINE COURSES WERE CREATED AND PUBLISHED. A THIRD MAJOR FY23 ACHIEVEMENT WAS THE CREATION AND LAUNCHING OF A NEW, WEEKLY PODCAST, TWO ROADS CROSSING. THIS PODCAST EXPLORES THE INTERSECTION OF FAITH AND VETERINARY MEDICINE BY SHARING INTERVIEWS WITH SPEAKERS THAT ENGAGE WITHIN THESE AREAS IN DIFFERENT CAPACITIES. THE PODCAST LAUNCHED IN APRIL 2023. 13 EPISODES WERE PUBLISHED FROM CONVERSATIONS WITH 5 SPEAKERS. THE PODCAST IS HOSTED THROUGH THE CVM APP AS WELL AS MANY PODCAST HOST SITES. AT THE END OF THIS FISCAL YEAR, THE PODCAST HAD 152 SUBSCRIBERS AND 1664 VIEWS.
SEE SCHEDULE O FOR CVM SHORT-TERM MISSIONS PROGRAM ACCOMPLISHMENTS
SEE SCHEDULE O FOR CVM WORKPLACE AND STUDENT MINISTRIES PROGRAM ACCOMPLISHMENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Lee Myers CEO | Officer | 60 | $119,796 |
Dr Joe Wright Chair | OfficerTrustee | 8 | $0 |
Dr Mike Mctigue Chair-Elect | OfficerTrustee | 8 | $0 |
William Brown Treasurer | OfficerTrustee | 8 | $0 |
Dr Ginger Pelc Secretary | OfficerTrustee | 8 | $0 |
Sr Duane Chappell Board Member (thru 11/22) | Trustee | 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 | $8,290,239 |
| Noncash contributions included in lines 1a–1f | $25,643 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,290,239 |
| Total Program Service Revenue | $218,457 |
| Investment income | $143,804 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,600 |
| Net Gain/Loss on Asset Sales | -$87,268 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,572,832 |
| 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. | $144,519 |
| Compensation of current officers, directors, key employees. | $49,270 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,099,809 |
| Pension plan accruals and contributions | $75,093 |
| Other employee benefits | $450,803 |
| Payroll taxes | $283,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,168 |
| Fees for services: Accounting | $24,154 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,134 |
| Fees for services: Other | $52,519 |
| Advertising and promotion | $122,125 |
| Office expenses | $52,180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,022 |
| Travel | $102,375 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,005 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,265 |
| Insurance | $38,989 |
| All other expenses | $0 |
| Total functional expenses | $7,216,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,437,473 |
| Savings and temporary cash investments | $1,516,502 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $74,282 |
| Net Land, buildings, and equipment | $248,140 |
| Investments—publicly traded securities | $6,790,071 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,075 |
| Other assets | $56,121 |
| Total assets | $10,132,664 |
| Accounts payable and accrued expenses | $344,067 |
| Grants payable | $0 |
| Deferred revenue | $98,079 |
| 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 | $56,708 |
| Total liabilities | $498,854 |
| Net assets without donor restrictions | $1,914,009 |
| Net assets with donor restrictions | $7,719,801 |
| 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 | $10,132,664 |