AMERICAN ASSOCIATION OF VETERINARY… - 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

1980

Legal Domicile

Principal Officer

ROGER FINGLAND

Phone

6143580417

Tax Period

2022-07-01 to 2023-06-30

AMERICAN ASSOCIATION OF VETERINARY CLINICIANS, founded in 1980, is a small nonprofit that reported $541K in total revenue in fiscal year 2022. The organization ran a surplus of $139K, a strong 26% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE FOR THE ASSOCIATION OF PERSONS ENGAGED IN TEACHING CLINICAL VETERINARY MEDICINE, FOR THE DISCUSSION OF ITEMS OF COMMON INTEREST.

Program Service Accomplishments

Program 1

Expenses: $168,312 Revenue: $521,708

THE ASSOCIATION OPERATES A LISTING AND MATCHING SERVICE FOR VETERINARY INTERNSHIPS AND RESIDENCIES.

Program 2

Expenses: $137,646 Revenue: $0

TWO PROFESSIONAL DEVELOPMENT CONFERENCES ARE HELD ON ALTERNATING YEARS FOR VETERINARY RESIDENTS AND EARLY-CAREER FACULTY MEMBERS. THE ORGANIZATION PROVIDES TRAVEL ACCOMODATIONS FOR ONE RESIDENT OR...

TWO PROFESSIONAL DEVELOPMENT CONFERENCES ARE HELD ON ALTERNATING YEARS FOR VETERINARY RESIDENTS AND EARLY-CAREER FACULTY MEMBERS. THE ORGANIZATION PROVIDES TRAVEL ACCOMODATIONS FOR ONE RESIDENT OR FACULTY FROM EACH MEMBER INSTITUTION FOR THE CONFERENCES.

Program 3

Expenses: $41,581 Revenue: $8,750

THE ASSOCIATION HOLDS AN ANNUAL MEETING OF DEPARTMENT HEADS AND HOSPITAL DIRECTORS TO DISCUSS RELEVANT INFORMATION TO VETERINARY CLINICAL EDUCATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $536,858

Investment Income $3,892

Other Revenue $0

TOTAL REVENUE $540,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $347,539

Other Expenses $401,539

TOTAL EXPENSES $401,539

Year-over-Year Comparison

	2022	2021	Change
Revenue	$540,750	$533,944	+0.0%
Expenses	$401,539	$188,955	+1.1%
Net Income	$139,211	$344,989	-0.6%

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

N/A

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

$54,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE MARKS	PRESIDENT	0.50	Officer	$0	$0	$0
LINDA C SANCHEZ	PRESIDENT ELECT	0.50	Officer	$0	$0	$0
ROGER FINGLAND	SECRETARY/TREASURER	6.00	Officer	$54,000	$0	$54,000
RUTHANNE CHUN	IMMEDIATE PAST PRESIDENT	0.50	Officer	$0	$0	$0
BARBARA DALLAP SCHAER	AVMA DELEGATE	0.50	Officer	$0	$0	$0
ELIZABETH DAVIS	ALTERNATE AVMA DELEGATE	0.50	Officer	$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	$540,750	$401,539	$4,399,318	$139,211
2022	$533,944	$188,955	$3,929,660	$344,989
2021	$472,641	$169,405	$4,129,411	$303,236
2020	$474,624	$166,064	$3,191,489	$308,560
2019	$546,511	$300,766	$2,742,206	$245,745
2018	$473,082	$161,210	$2,430,634	$311,872

AMERICAN ASSOCIATION OF VETERINARY CLINICIANS