OHIO VETERINARY MEDICAL ASSOCIATION

EIN: 314425770

POWELL, OH

Total Revenue
$2,209,622
Total Expenses
$1,570,250
Total Assets
$5,300,494
Net Assets
$5,012,728
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
OH
Principal Officer
CHRISTOPHER HENNEY
Phone
6144361300
Tax Period
2022-07-01 to 2023-06-30

OHIO VETERINARY MEDICAL ASSOCIATION, founded in 1965, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $639K, a strong 29% operating margin.

Mission

TO FOSTER LIFE LONG LEARNING, STEWARDSHIP, COMPASSION AND COMMUNITY IN VETERINARY MEDICINE.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,032,188
Investment Income $103,909
Other Revenue $73,525
TOTAL REVENUE $2,209,622

Expense Breakdown

Grants Paid $0
Salaries & Benefits $675,587
Fundraising Expenses $0
Other Expenses $894,663
TOTAL EXPENSES $1,570,250

Year-over-Year Comparison

2022 2021 Change
Revenue $2,209,622 $1,938,262 +0.1%
Expenses $1,570,250 $1,683,627 -0.1%
Net Income $639,372 $254,635 +1.5%
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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Governance

Voting Members
22
Independent Members
18
Employees
10
Volunteers
18

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
11
$313,574
Total Directors
22
$24,011
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER HENNEY EXECUTIVE DIRECTOR 50.00
Officer
$0 $0 $0
JACK ADVENT EXECUTIVE DIRECTOR (RES. 11/30) 50.00
Officer
$282,500 $7,063 $289,563
DR BARB MUSOLF PRESIDENT 2.00
Officer Director
$8,012 $0 $8,012
DR ERIC GORDON PRESIDENT-ELECT 2.00
Officer Director
$6,000 $0 $6,000
DR DIANA CRON VICE-PRESIDENT 2.00
Officer Director
$3,000 $0 $3,000
DR KEVIN CORCORAN TREASURER 2.00
Officer Director
$6,999 $0 $6,999
DR MICHELLE HARCHA SECRETARY 2.00
Officer Director
$0 $0 $0
DR RYAN ZIMMERMAN ASSISTANT TREASURER 2.00
Officer Director
$0 $0 $0
DR ED BIGGIE IMMEDIATE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
DR LIESA STONE AVMA DELEGATE 1.00
Officer Director
$0 $0 $0
DR SCOTT PENDLETON AVMA ALTERNATE DELEGATE 1.00
Officer Director
$0 $0 $0
DR SUE SAVAGE DISTRICT REP 1.00
Director
$0 $0 $0
DR AMANDA WAGNER DISTRICT REP 1.00
Director
$0 $0 $0
DR BETH RUGGLES DISTRICT REP 1.00
Director
$0 $0 $0
DR JOY SIZEMORE DISTRICT REP 1.00
Director
$0 $0 $0
DR MEGHAN HERRON DISTRICT REP 1.00
Director
$0 $0 $0
DR TINA STONECYPHER DISTRICT REP 1.00
Director
$0 $0 $0
DR MICHELLE MCFADDEN DISTRICT REP 1.00
Director
$0 $0 $0
DR CHARLENE ANDREAS DISTRICT REP 1.00
Director
$0 $0 $0
DR KRISTY STEVELT DISTRICT REP 1.00
Director
$0 $0 $0
DR MIKE DYER AT-LARGE DIRECTOR 1.00
Director
$0 $0 $0
DR ALLISON LASH AT-LARGE DIRECTOR 1.00
Director
$0 $0 $0
DR BILL MINTON AT-LARGE DIRECTOR 1.00
Director
$0 $0 $0
ALLISON RAPP STUDENT REPRESENTATIVE 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,209,622 $1,570,250 $5,300,494 $639,372
2022 $1,938,262 $1,683,627 $4,682,947 $254,635
2021 $1,138,809 $1,297,989 $4,603,639 $-159,180
2020 $2,061,158 $1,728,988 $4,509,237 $332,170
2019 $1,925,298 $1,776,342 $4,138,602 $148,956
2018 $1,925,793 $1,761,965 $3,884,676 $163,828
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