AMERICAN ACADEMY OF VETERINARY DERMATOLOGY (EIN 390997193) - Form 990 Financial Analysis & Trantor Score

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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

1976

Legal Domicile

Principal Officer

VERENA AFFOLTER

Phone

8777546838

Tax Period

2024-01-01 to 2024-12-31

AMERICAN ACADEMY OF VETERINARY DERMATOLOGY, founded in 1976, is a micro nonprofit in the Community Improvement sector that reported $73K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $115K exceeded revenue, resulting in a 58% operating deficit.

Mission

THE ACADEMY'S PURPOSE IS TO PROMOTE THE FIELD OF VETERINARY DERMATOLOGY IN EDUCATION, RESEARCH, AND PROFESSIONAL VETERINARY PRACTICE.

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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 $29,441

Investment Income $31,409

Other Revenue $12,108

TOTAL REVENUE $72,958

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $0

Fundraising Expenses $2,237

Other Expenses $85,307

TOTAL EXPENSES $115,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$72,958	$153,080	-0.5%
Expenses	$115,307	$122,372	-0.1%
Net Income	$-42,349	$30,708	-2.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VERENA AFFOLTER	PRESIDENT	0.30	Officer Director	$0	$0	$0
ANNA JENSTEAD	VICE PRESIDE	0.30	Officer Director	$0	$0	$0
ROSE MILLER DVM	IMMED PAST P	0.30	Officer Director	$0	$0	$0
JENNIFER THOMAS	TREASURER	0.30	Officer Director	$0	$0	$0
BRIAN SCOTT	MEMBER-AT-LA	0.30	Director	$0	$0	$0
LARA TOMICH	MEMBER-AT-LA	0.30	Director	$0	$0	$0
EMILY BINVERSIE	MEMBER-AT-LA	0.30	Director	$0	$0	$0
BRENDAN LEAHY	EXECUTIVE SE	4.00	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	$72,958	$115,307	$858,861	$-42,349
2023	$153,080	$122,372	$880,973	$30,708
2022	$67,325	$146,899	$851,738	$-79,574
2021	$333,152	$67,839	$1,026,283	$265,313
2020	$50,517	$124,550	$750,094	$-74,033
2019	$110,111	$84,753	$780,214	$25,358
2018	$107,976	$84,340	$720,091	$23,636

AMERICAN ACADEMY OF VETERINARY DERMATOLOGY