Augusta, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Maine Veterinary Medical Association Inc, founded in 1995, is a small nonprofit that reported $165K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Net assets of $504K represent 37 months of operating reserves.
Support Maine Veterinarians as they work to improve the well-being of animals, to encourage the human-animal bond, and to protect public health for the benefit of the veterinary profession and the citizens of Maine.
Held continuing education seminars for members and non-members on topics pertaining to the practice of veterinary medicine and student loan management.
Published newsletters containing information of interest and importance to veterinarians; mailed copies of each newsletter to the members and other persons interested in the practice of veterinary...
Published newsletters containing information of interest and importance to veterinarians; mailed copies of each newsletter to the members and other persons interested in the practice of veterinary medicine.
Advocacy: testifying on legislation related to animal welfare and veterinary medicine, maintaining relationships with state regulatory bodies, media announcements regarding animal health, and...
Advocacy: testifying on legislation related to animal welfare and veterinary medicine, maintaining relationships with state regulatory bodies, media announcements regarding animal health, and promoting veterinary education and veterinary technician education.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $164,934 | $131,220 | +0.3% |
| Expenses | $175,564 | $80,112 | +1.2% |
| Net Income | $-10,630 | $51,108 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr Samantha Hodgkins | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Dr David Cloutier | Vice President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Casey Cole | Past President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Kate Domenico | President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Libby Helmer | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Dr Lisa Bourazak | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Dr Stephanie Robitaille | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Katherine Soverel | Executive Director | 40.00 |
Officer
|
$28,800 | $0 | $28,800 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $164,934 | $175,564 | $506,555 | $-10,630 |
| 2022 | $131,220 | $80,112 | $495,203 | $51,108 |
| 2021 | $210,520 | $172,074 | $492,474 | $38,446 |
| 2020 | $165,757 | $138,508 | $452,962 | $27,249 |
| 2019 | $184,096 | $138,089 | $409,680 | $46,007 |
Compare Maine Veterinary Medical Association Inc with other nonprofits in Maine and across the country.