North Carolina Veterinary Medical Association (EIN 561849305) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

Shannon Bass DVM

Phone

9198515850

Tax Period

2024-01-01 to 2024-12-31

North Carolina Veterinary Medical Association, founded in 1993, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.2M left a modest 14% surplus.

Mission

The North Carolina Veterinary Medical Association is dedicated to compassionate, quality health care for all animals; protecting the health of the public; strengthening the human-animal bond and providing advanced continuing education for our members.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,363,422

Investment Income $82,773

Other Revenue $1,053

TOTAL REVENUE $1,447,248

Expense Breakdown

Grants Paid $0

Salaries & Benefits $334,156

Fundraising Expenses $0

Program Expenses $1,046,925

Other Expenses $904,452

TOTAL EXPENSES $1,238,608

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,447,248	$1,531,979	-0.1%
Expenses	$1,238,608	$1,270,293	0.0%
Net Income	$208,640	$261,686	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$171,211

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shannon Bass DVM	President	5.00	Officer Director	$0	$0	$0
Karyn Smith DVM	President-Elect	5.00	Officer Director	$0	$0	$0
Paige Harrington DVM	Vice President	5.00	Officer Director	$0	$0	$0
Brian Stuber DVM	Secretary/Treasurer	5.00	Officer Director	$0	$0	$0
Marguerite Gleason DVM	Immediate Past President	5.00	Officer Director	$0	$0	$0
Ronni McKown DVM	Director	2.00	Director	$0	$0	$0
Rachel Sassone DVM	Director	2.00	Director	$0	$0	$0
Katharine Holder DVM	Director	2.00	Director	$0	$0	$0
Donna McLamb DVM	Director	2.00	Director	$0	$0	$0
Lisa Olsen DVM	Director	2.00	Director	$0	$0	$0
Deborah McArthur-Wicks DVM	Director	2.00	Director	$0	$0	$0
Ryan Reid DVM	Director	2.00	Director	$0	$0	$0
Jennie Osborne DVM	Director	2.00	Director	$0	$0	$0
Jason Heffner DVM	Director	2.00	Director	$0	$0	$0
Erin Purvis DVM	Director	2.00	Director	$0	$0	$0
Kate Meurs DVM PhD	Director	2.00	Director	$0	$0	$0
Kimberly Barth DVM	Director	2.00	Director	$0	$0	$0
Melina Efthimiadis DVM	Director	2.00	Director	$0	$0	$0
Alea Harrison	Director	2.00	Director	$0	$0	$0
Emily Lentz	Director	2.00	Director	$0	$0	$0
Claire Holley	Executive Director, former	40.00	Officer	$74,506	$2,235	$76,741
Jennifer Kendrick	Executive Director, Curretn	40.00	Officer	$92,500	$1,970	$94,470

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	$1,447,248	$1,238,608	$2,870,650	$208,640
2023	$1,531,979	$1,270,293	$2,646,669	$261,686
2022	$1,233,407	$936,075	$2,559,091	$297,332
2021	$1,456,893	$838,043	$2,669,443	$618,850
2020	$1,103,690	$636,323	$2,318,238	$467,367
2019	$1,355,458	$1,023,130	$2,317,732	$332,328
2018	$1,060,989	$922,230	$1,969,326	$138,759

North Carolina Veterinary Medical Association