TEXAS EQUINE VETERINARY ASSOCIATION

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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

2009

Legal Domicile

Principal Officer

PIPER NORTON DVM DACVIM

Phone

8066731987

Tax Period

2023-01-01 to 2023-12-31

TEXAS EQUINE VETERINARY ASSOCIATION, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $559K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE PROFESSIONAL DEVELOPEMENT AND EDUCATIONAL OPPORTUNITIES FOR ITS MEMBERS WHICH ARE EQUINE VETERINARIANS.

Program Service Accomplishments

Program 1

Expenses: $318,709 Revenue: $483,162

ORGANIZED AND HELD CONTINUING EDUCATION EVENTS FOR MEMBERS AND MAINTAINED MEMBERSHIP NUMBERS.

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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 $76,200

Program Service Revenue $442,648

Investment Income $14

Other Revenue $40,500

TOTAL REVENUE $559,362

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $102,514

Program Expenses $318,709

Other Expenses $547,688

TOTAL EXPENSES $547,688

Year-over-Year Comparison

	2023	2022	Change
Revenue	$559,362	$411,408	+0.4%
Expenses	$547,688	$599,033	-0.1%
Net Income	$11,674	$-187,625	-1.1%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE BUENGER DVM	TREASURER	3.00	Officer Director	$0	$0	$0
LESLIE EASTERWOOD DVM	IMMEDIATE PAST PRESIDENT	3.00	Officer Director	$0	$0	$0
TY TIPTON DVM	DIRECTOR	1.00	Director	$0	$0	$0
PIPER NORTON DVM DACVIM	PRESIDENT	3.00	Officer Director	$0	$0	$0
SHEM OLIVER DVM DACVS-LA	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE BESSIRE DVM	PRESIDENT ELECT	3.00	Officer Director	$0	$0	$0
DAVID DUTTON DVM	DIRECTOR	1.00	Director	$0	$0	$0
DAVID STEPHENS DVM DABVP	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
ALI BROYLES DVM	DIRECTOR	1.00	Director	$0	$0	$0
RICCI KARKULA-WARNOCK DVM	DIRECTOR	1.00	Director	$0	$0	$0
SAMMIE CROSBY DVM	DIRECTOR	1.00	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	$559,362	$547,688	$185,397	$11,674
2022	$411,408	$599,033	$222,042	$-187,625
2021	$213,398	$353,857	$355,804	$-140,459
2020	$251,186	$167,871	$489,663	$83,315
2019	$350,080	$415,429	$506,055	$-65,349
2018	$342,210	$314,696	$504,997	$27,514