World Vets

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Cathy King DVM PHD

Tax Period

2023-01-01 to 2023-12-31

World Vets, founded in 2006, is a small nonprofit in the Animal-Related sector that reported $922K in total revenue in fiscal year 2023.

Mission

To improve the health & well-being of animals through veterinary aid, response, training, research & disaster relief worldwide. We provide services to companion animals, equids, street dogs, wildlife, livestock & marine animals including wildlife rescue and conservation (Sch O).

Program Service Accomplishments

Program 1

Expenses: $794,124 Revenue: $240,428

For over 20 years, World Vets has provided veterinary aid programs and support in over 50 countries on 6 continents providing aid to tens of thousands of animals and the people and communities in...

For over 20 years, World Vets has provided veterinary aid programs and support in over 50 countries on 6 continents providing aid to tens of thousands of animals and the people and communities in which they live. Programs include spay/neuter, public health, street dog management through vaccination and sterilization, livestock programs, equine programs helping working horses and donkeys, disaster response/animal rescue, marine animal programs (including stranding response, rescue of sick, injured or stranded marine animals in the wild, research, protection & conservation). World Vets operates a full service veterinary clinic for domestic animals in the Galapagos Islands and provides 24/7 wildlife rescue services on the Galapagos Islands. Through a largely volunteer workforce of highly skilled professionals along with a small, dedicated staff, World Vets is able to leverage resources for maximum impact and sustainability.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $681,566

Program Service Revenue $237,940

Investment Income $1,855

Other Revenue $633

TOTAL REVENUE $921,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $289,999

Fundraising Expenses $23,184

Program Expenses $794,124

Other Expenses $641,077

TOTAL EXPENSES $931,076

Year-over-Year Comparison

	2023	2022	Change
Revenue	$921,994	$959,316	0.0%
Expenses	$931,076	$813,865	+0.1%
Net Income	$-9,082	$145,451	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

590

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$249,009

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cathy King DVM PHD	CEOVeterinarian	60.00	Officer	$206,062	$42,947	$249,009
Suzanne Coulson DVM	Director	0.50	Director	$0	$0	$0
Erica Gillum DVM	Director	0.50	Director	$0	$0	$0
Mushtaq Memon BVSsc MSc PHD	Director	0.50	Director	$0	$0	$0
Susan Paseman	Director	0.50	Director	$0	$0	$0
Heather McCabe	Director	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$921,994	$931,076	$1,218,086	$-9,082
2022	$959,316	$813,865	$1,224,613	$145,451
2021	$757,532	$666,621	$1,079,319	$90,911
2020	$647,993	$649,937	$987,890	$-1,944
2019	$1,090,834	$1,031,653	$1,019,480	$59,181
2018	$979,373	$985,961	$938,328	$-6,588
2017	$962,794	$1,004,779	$1,100,876	$-41,985