INTERNATIONAL COUNCIL FOR VETERINA… - 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

1994

Legal Domicile

Principal Officer

DR HEATHER CASE

Phone

7012240332

Tax Period

2024-06-01 to 2025-05-31

INTERNATIONAL COUNCIL FOR VETERINARY ASSESSMENT, founded in 1994, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $10.2M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $9.0M left a modest 11% surplus.

Mission

PROVIDE WORLD-CLASS EXAMINATIONS AND OTHER ASSESSMENT TOOLS TO PROTECT THE PUBLIC, AND ANIMAL HEALTH AND WELFARE. PROVIDE LEADERSHIP AND FACILITATE COLLABORATION THROUGHOUT VETERINARY MEDICINE.

Program Service Accomplishments

Program 1

Expenses: $6,674,686 Revenue: $9,284,943

PROVIDED EXAMINATIONS FOR STATE, TERRITORIAL AND PROVINCIAL LICENSING BOARDS. APPROVED NAVLE CANDIDATES ON BEHALF OF OVER 30 STATE LICENSING BOARDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,281,618

Investment Income $868,332

Other Revenue $3,325

TOTAL REVENUE $10,153,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,023,284

Fundraising Expenses $0

Program Expenses $6,674,686

Other Expenses $6,999,227

TOTAL EXPENSES $9,022,511

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,153,275	$9,131,123	+0.1%
Expenses	$9,022,511	$8,101,642	+0.1%
Net Income	$1,130,764	$1,029,481	+0.1%

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

$540,174

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON COE	DIRECTOR	1.00	Director	$0	$0	$0
HILARI FRENCH	DIRECTOR	1.00	Director	$0	$0	$0
DONNA HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
FERNANDO MARQUES	PAST CHAIR	1.00	Officer Director	$0	$0	$0
KEITH POULSEN	CHAIR	1.00	Officer Director	$0	$0	$0
TONEE MCFARLANE	PROGRAM COORDINATOR	40.00	Highest	$105,692	$21,342	$127,034
PATRINA RALPH	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH FARRINGTON	DIRECTOR	1.00	Director	$0	$0	$0
HELEN TUZIO	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
WINNIFRED KROGMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH TABOADA	SECRETARY-TREASURER	1.00	Officer Director	$0	$0	$0
MAUREEN WICHTEL	DIRECTOR	1.00	Director	$0	$0	$0
JOIE WATSON	DIRECTOR	1.00	Director	$0	$0	$0
ANNABELLE DENSON	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER CASE	CHIEF EXECUTIVE OFFICER	40.00	Officer	$295,155	$38,433	$333,588
JANINE HAWLEY	CHIEF OPERATING OFFICER	40.00	Officer	$181,022	$25,564	$206,586
COURTNEY VENGRIN	SENIOR DIRECTOR OF ASSESSM	40.00	Highest	$156,179	$21,394	$177,573
ELIZABETH JOHNSON MILLION	DIRECTOR OF VETERINARY OUT	40.00	Highest	$109,051	$21,904	$130,955

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	$10,153,275	$9,022,511	$18,855,873	$1,130,764
2024	$9,131,123	$8,101,642	$17,208,873	$1,029,481
2023	$7,589,023	$6,394,043	$14,667,818	$1,194,980
2022	$7,723,200	$5,434,493	$13,802,610	$2,288,707
2021	$5,846,433	$5,030,529	$14,425,262	$815,904
2020	$5,291,730	$4,993,237	$11,473,107	$298,493
2019	$5,515,402	$4,815,106	$11,311,384	$700,296
2018	$4,820,088	$4,230,843	$11,134,002	$589,245

INTERNATIONAL COUNCIL FOR VETERINARY ASSESSMENT