AMERICAN ASSOCIATION OF VETERINARY MEDICAL COLLEGES

EIN: 366144553 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$9,744,736
Total Expenses
$9,298,589
Total Assets
$18,806,991
Net Assets
$12,697,992
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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
1997
Legal Domicile
DC
Principal Officer
DOROTHY GRAY
Phone
2023719195
Tax Period
2023-07-01 to 2024-06-30

AMERICAN ASSOCIATION OF VETERINARY MEDICAL COLLEGES, founded in 1997, is a community nonprofit in the Education sector that reported $9.7M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $9.3M left a modest 5% surplus.

Mission

SEE PART III, LINE 1.

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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 $1,606,673
Program Service Revenue $7,899,003
Investment Income $172,805
Other Revenue $66,255
TOTAL REVENUE $9,744,736

Expense Breakdown

Grants Paid $962,338
Salaries & Benefits $3,895,814
Fundraising Expenses $0
Program Expenses $8,118,793
Other Expenses $4,440,437
TOTAL EXPENSES $9,298,589

Year-over-Year Comparison

2023 2022 Change
Revenue $9,744,736 $7,685,759 +0.3%
Expenses $9,298,589 $7,952,708 +0.2%
Net Income $446,147 $-266,949 -2.7%
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
11
Independent Members
11
Employees
26
Volunteers
11

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
6
$371,416
Total Directors
11
$0
Key Employees
3
$639,075
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUBY PERRY PRESIDENT & BOARD CHAIR 1.00
Officer Director
$0 $0 $0
RUSTIN MOORE PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
SUSAN TORNQUIST IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CARLOS RISCO SECRETARY 0.50
Officer Director
$0 $0 $0
LORIN WARNICK TREASURER 0.50
Officer Director
$0 $0 $0
DORI BORJESSON AT-LARGE DIRECTOR, REGION I 0.50
Director
$0 $0 $0
DANA ZIMMEL AT-LARGE DIRECTOR, REGION I 0.50
Director
$0 $0 $0
BONNIE RUSH AT-LARGE DIRECTOR, REGION I 0.50
Director
$0 $0 $0
JEFFREY WICHTEL AT-LARGE DIRECTOR, REGION II 0.50
Director
$0 $0 $0
STUART REID AT-LARGE DIRECTOR, REGION III 0.50
Director
$0 $0 $0
JONATHAN HUXLEY AT-LARGE DIRECTOR, REGION IV 0.50
Director
$0 $0 $0
ANDREW MACCABE CEO 37.50
Officer
$342,702 $28,714 $371,416
DOROTHY GRAY COO 37.50
Key Emp
$206,833 $18,029 $224,862
TED MASHIMA CHIEF STRATEGY OFFICER 37.50
Key Emp
$190,495 $17,510 $208,005
LISA GREENHILL CHIEF DIVERSITY OFFICER 37.50
Key Emp
$191,207 $15,001 $206,208
KEVIN CAIN DIRECTOR, GOV. AFFAIRS 37.50
Highest
$168,249 $16,295 $184,544
CAROLINE CANTNER DIR. PROF. DEVELOPMENT 37.50
Highest
$153,841 $14,022 $167,863
DIANA DABDUB DIRECTOR. ADMISSIONS 37.50
Highest
$138,125 $12,514 $150,639
SUSAN LEIGH DIRECTOR, MARKETING 37.50
Highest
$157,105 $14,088 $171,193
JULIE NOYES DIR. ACADEMIC AFFAIRS 37.50
Highest
$162,718 $14,313 $177,031
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 $9,744,736 $9,298,589 $18,806,991 $446,147
2023 $7,685,759 $7,952,708 $16,237,439 $-266,949
2022 $7,994,103 $6,429,248 $13,127,425 $1,564,855
2021 $7,101,145 $5,270,830 $12,312,071 $1,830,315
2020 $6,394,716 $5,500,083 $10,708,969 $894,633
2019 $5,640,562 $4,852,365 $9,978,404 $788,197
2018 $5,301,907 $4,703,204 $8,476,236 $598,703
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