GEORGIA VETERINARY MEDICAL ASSOCIATION I (EIN 580659110) - 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

1961

Legal Domicile

Principal Officer

KERI RIDDICK DVM

Phone

6783099800

Tax Period

2024-01-01 to 2024-12-31

GEORGIA VETERINARY MEDICAL ASSOCIATION I, founded in 1961, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $217K, a strong 15% operating margin.

Mission

THE GEORGIA VETERINARY MEDICAL ASSOCIATION IS COMMITTED TO ADVANCING THE VETERINARY MEDICAL PROFESSION AND SUPPORTING THE VETERINARIAN'S ROLE IN IMPROVING ANIMAL AND PUBLIC HEALTH.

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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 $991,371

Investment Income $91,410

Other Revenue $320,773

TOTAL REVENUE $1,403,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $536,890

Fundraising Expenses $0

Program Expenses $759,164

Other Expenses $649,792

TOTAL EXPENSES $1,186,682

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,403,554	$1,192,949	+0.2%
Expenses	$1,186,682	$1,109,281	+0.1%
Net Income	$216,872	$83,668	+1.6%

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

Employees

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

Total Directors

Key Employees

$125,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLA CASE MCCORVEY	DIRECTOR	0.00	Director	$0	$0	$0
RICHARD NOEL	DIRECTOR	0.00	Director	$0	$0	$0
JULIE KNUDSEN	DIRECTOR	0.00	Director	$0	$0	$0
BEVERLY MILLER	DIRECTOR	0.00	Director	$0	$0	$0
JILL LANCASTER	DIRECTOR	0.00	Director	$0	$0	$0
LEE JONES	DIRECTOR	0.00	Director	$0	$0	$0
JENNIFER MASON	DIRECTOR	0.00	Director	$0	$0	$0
LEANNE ALWORTH	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTINE MURRAY	DIRECTOR	0.00	Director	$0	$0	$0
SETH STOWERS	DIRECTOR	0.00	Director	$0	$0	$0
KATY BURDEN	DIRECTOR	0.00	Director	$0	$0	$0
CARA MCNAMEE	DIRECTOR	0.00	Director	$0	$0	$0
WILLIAM WRIGHT	DIRECTOR	0.00	Director	$0	$0	$0
JANEMARIE HENNEBELLE	EX-OFFICIO STATE VETERINARIAN	0.00	Director	$0	$0	$0
AMANDA FELDPAUSCH	EX-OFFICIO STATE PUBLIC HEALTH VETERINARIAN	0.00	Director	$0	$0	$0
LISA NOLAN	EX-OFFICIO DEAN UGA COLLEGE OF VETERINARY MEDICINE	0.00	Director	$0	$0	$0
JESSICA SEWELL	EX-OFFICIO GEORGIA VETERINARY TECHNICIANS/ ASSOCIA	0.00	Director	$0	$0	$0
WILLIAM WRIGHT	EX-OFFICIO STATE BOARD OF VETERINARY MEDICINE	0.00	Director	$0	$0	$0
THOMAS BEACORN	EX-OFFICIO VETERINARIAN IN CHARGE APHIS	0.00	Director	$0	$0	$0
MIKE ZAGER	AVMA ALTERNATE DELEGATE	0.00	Director	$0	$0	$0
JUSTIN TOTH	VICE-TREASURER	0.00	Director	$0	$0	$0
SUSAN BLEVINS	OPERATIONS DIRECTOR	40.00	Director	$0	$0	$0
JACKIE LUCKSTONE	PRESIDENT	5.00	Officer	$0	$0	$0
TYSON STRICKLAND	PRESIDENT-ELECT	5.00	Officer	$0	$0	$0
JONATHAN BENTLEY	PAST PRESIDENT	5.00	Officer	$0	$0	$0
SARAH WHEAT	TREASURER	5.00	Officer	$0	$0	$0
KERI RIDDICK	EXECUTIVE DIRECTOR	40.00	Key Emp	$125,000	$0	$125,000

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	$1,403,554	$1,186,682	$2,453,855	$216,872
2023	No data	No data	No data	No data
2022	$1,014,819	$1,031,195	$1,837,530	$-16,376
2021	$1,004,458	$801,613	$2,044,998	$202,845
2020	$914,657	$833,625	$1,768,779	$81,032

GEORGIA VETERINARY MEDICAL ASSOCIATION I