AMERICAN ASSOCIATION OF BOVINE PRACTITIONERS FOUNDATION INC

EIN: 331165155 501(c)(3) Education

ASHLAND, OH

Total Revenue
$466,561
Total Expenses
$432,926
Total Assets
$1,800,827
Net Assets
$1,800,827
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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
2007
Legal Domicile
AL
Principal Officer
K FRED GINGRICH II DVM
Phone
4194960685
Tax Period
2023-01-01 to 2023-12-31

AMERICAN ASSOCIATION OF BOVINE PRACTITIONERS FOUNDATION INC, founded in 2007, is a small nonprofit in the Education sector that reported $467K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $433K left a modest 7% surplus.

Mission

TO SUPPORT BOVINE RESEARCH AND EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $432,470

PROVIDE ASSISTANCE TO AABP STUDENT MEMBERS ENROLLED IN COLLEGES OF VETERINARY MEDICINE IN THE FORM OF SCHOLARSHIPS AND GRANTS. TO PROVIDE GRANTS TO SUPPORT CLINICAL RESEARCH IN BOVINE MEDICINE TO A...

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PROVIDE ASSISTANCE TO AABP STUDENT MEMBERS ENROLLED IN COLLEGES OF VETERINARY MEDICINE IN THE FORM OF SCHOLARSHIPS AND GRANTS. TO PROVIDE GRANTS TO SUPPORT CLINICAL RESEARCH IN BOVINE MEDICINE TO A GRADUATE AABP MEMBER CONDUCTING A SCIENTIFIC RESEARCH PROJECT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $363,894
Program Service Revenue $0
Investment Income $36,926
Other Revenue $65,741
TOTAL REVENUE $466,561

Expense Breakdown

Grants Paid $432,470
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $432,470
Other Expenses $456
TOTAL EXPENSES $432,926

Year-over-Year Comparison

2023 2022 Change
Revenue $466,561 $377,103 +0.2%
Expenses $432,926 $407,943 +0.1%
Net Income $33,635 $-30,840 -2.1%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
12

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
1
$207,464
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER KOZIOL DIRECTOR 0.50
Director
$0 $0 $0
K FRED GINGRICH II DVM EXECUTIVE DI 4.00
Officer
$0 $50,248 $207,464
GABE MIDDLETON CHAIR 0.50
Director
$0 $0 $0
FRED MULLER DIRECTOR 0.50
Director
$0 $0 $0
WALT GUTERBOCK DIRECTOR 0.50
Director
$0 $0 $0
EMMANUEL ROLLIN DIRECTOR 0.50
Director
$0 $0 $0
BRIAN REED TREASURER 0.50
Director
$0 $0 $0
ARN ANDERSON DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL CAPEL DIRECTOR 0.50
Director
$0 $0 $0
TERA BARNHARDT DIRECTOR 0.50
Director
$0 $0 $0
ERIN JOBMAN 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 $466,561 $432,926 $1,800,827 $33,635
2022 $377,103 $407,943 $1,602,241 $-30,840
2021 $389,812 $368,855 $1,909,574 $20,957
2020 $423,359 $252,282 $1,768,000 $171,077
2019 $442,030 $1,337,311 $1,451,835 $-895,281
2018 $63,333 $106,119 $1,152,924 $-42,786
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