ARIZONA VETERINARY MEDICAL ASSOCIA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

MITTIE WILLIAMS

Phone

6022427936

Tax Period

2023-09-01 to 2024-08-31

ARIZONA VETERINARY MEDICAL ASSOCIATION, founded in 1941, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 32% operating deficit.

Mission

TO PROMOTE EXCELLENCE IN VETERINARY MEDICINE BY PROVIDING A FORUM FOR THE VETERINARY COMMUNITY TO ADDRESS ISSUES RELATED TO ANIMAL AND HUMAN HEALTH AND WELFARE, EDUCATION, LEGISLATION, PUBLIC INFORMATION AND PRACTICE MANAGEMENT THROUGH ACTIVE INVOLVEMENT OF ITS MEMBERS.

Program Service Accomplishments

Program 1

ARIZONA VETERINARY MEDICAL ASSOCIATION (AZVMA) HAS OVER 3,000 VETERINARY PROFESSIONAL MEMBERS. IN ADDITION, WE HAVE OVER 150 ALLIED INDUSTRY MEMBERS WHO ARE REPRESENTATIVES OF THE VETERINARY BUSINESS COMMUNITY. AZVMA SUPPORTS THE VETERINARY HEALTH CARE TEAM OF ARIZONA (VHCTAZ), A PROFESSIONAL MEMBERSHIP GROUP FOR ALL VETERINARY STAFF, WHICH BOASTS A MEMBERSHIP OF OVER 1,300. OUR ROBUST CONTINUING EDUCATION PROGRAM INCLUDES OVER 20 MEETINGS PER YEAR FOR BOTH VETERINARIANS AND STAFF, AS WELL AS AN ANNUAL STATE CONFERENCE AND WELLNESS PROGRAMS. AZVMA IS A RESOURCE OF INFORMATION FOR MEMBERS AND PUBLISHES NEWSLETTERS FOR AZVMA, ALLIED INDUSTRY, VHCTAZ, AND WELLNESS. WE HAVE A LEGISLATIVE REPRESENTATIVE WHO MONITORS LEGISLATURE AND HELPS LEAD ASSOCIATION EFFORTS TO PROTECT YOUR VETERINARY LICENSE.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,027,721

Investment Income $-1,240

Other Revenue $1,068

TOTAL REVENUE $1,027,549

Expense Breakdown

Grants Paid $49,510

Salaries & Benefits $437,076

Fundraising Expenses $0

Other Expenses $865,943

TOTAL EXPENSES $1,352,529

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,027,549	$1,093,235	-0.1%
Expenses	$1,352,529	$1,075,285	+0.3%
Net Income	$-324,980	$17,950	-19.1%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$113,084

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA SNYDER	PRESIDENT (AS OF 5/24)	1.00	Officer Director	$0	$0	$0
RACHEAL MCKINNEY	PRESIDENT (THRU 5/24)	1.00	Officer Director	$0	$0	$0
KAYLEE YOSHIMOTO	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
TARA-LYN TEMPLE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BARBARA BATKE	TREASURER (AS OF 5/24)	1.00	Officer Director	$0	$0	$0
LAUREN THOMAS	TREASURER (THRU 5/24)/SECRETARY	1.00	Officer Director	$0	$0	$0
HILLARY HERENDEEN	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY JUHL	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER REDMON	DIRECTOR	1.00	Director	$0	$0	$0
ADAM RILEY	DIRECTOR	1.00	Director	$0	$0	$0
LARA SHREVE	DIRECTOR	1.00	Director	$0	$0	$0
LANE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
LINDSEY SMOGOR	DIRECTOR	1.00	Director	$0	$0	$0
RAYEANN SOLANO-MAYA	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL VENABLE	DIRECTOR	1.00	Director	$0	$0	$0
KIPP WINGO	DIRECTOR	1.00	Director	$0	$0	$0
RYAN WOLKER	DIRECTOR (THRU 5/24)	1.00	Director	$0	$0	$0
MITTIE WILLIAMS	EXECUTIVE DIRECTOR	40.00	Officer	$105,079	$8,005	$113,084

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
2025	No data	No data	No data	No data
2024	$1,027,549	$1,352,529	$1,834,844	$-324,980
2023	$1,093,235	$1,075,285	$1,921,934	$17,950
2022	$783,175	$934,442	$1,901,400	$-151,267
2021	$969,260	$775,784	$2,076,462	$193,476
2021	$969,260	$907,419	$2,076,462	$61,841
2020	$898,633	$777,349	$1,864,762	$121,284
2020	$898,633	$777,349	$1,864,762	$121,284
2019	$1,088,723	$992,786	$1,765,875	$95,937
2018	$1,008,970	$931,307	$1,674,667	$77,663

ARIZONA VETERINARY MEDICAL ASSOCIATION