ASSOCIATION OF VETERINARY TECHNICIAN EDUCATORS INC

EIN: 581435565

MOORESTOWN, NJ

Total Revenue
$253,168
Total Expenses
$153,541
Total Assets
$201,276
Net Assets
$201,276
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NJ
Principal Officer
JEN SERLING
Phone
8888598832
Tax Period
2022-01-01 to 2022-12-31

ASSOCIATION OF VETERINARY TECHNICIAN EDUCATORS INC, founded in 2015, is a small nonprofit that reported $253K in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $100K, a strong 39% operating margin.

Mission

THE PURPOSES OF THE ASSOCIATION SHALL BE:A) TO PROMOTE QUALITY PROFESSIONAL EDUCATION OF THE VETERINARY TECHNICIAN STUDENT IN THE U.S.A. AND CANADA.B) TO AFFORD THE OPPORTUNITY FOR THE EXCHANGE OF IDEAS TO STIMULATE IMPROVEMENT IN VETERINARY TECHNICIAN EDUCATION.C) TO PROMOTE COOPERATION AMONG ORGANIZATIONS, INSTITUTIONS AND ALL OF THOSE INTERESTED IN VETERINARY TECHNOLOGY. TO SHARE PERTINENT MATERIALS AND DATA WITH THOSE INTERESTED IN VETERINARY TECHNOLOGY.D) TO IMPROVE UTILIZATION OF PROFESSIONAL VETERINARY TECHNICIANS.E) TO SEEK IMPROVEMENT IN THE DELIVERY OF ANIMAL HEALTH CARE THROUGH THE PROMOTION OF THE VETERINARY HEALTH CARE TEAM CONCEPT AND, THEREBY, THE DEVELOPMENT OF A PROFESSIONAL IMAGE FOR TECHNICIANS.F) TO PROMOTE THE PRACTICE ACTS, LAWS AND REGULATIONS GOVERNING THE PROFESSION OF VETERINARY TECHNOLOGY.G) TO PROMOTE LIFELONG LEARNING AND PROFESSIONAL DEVELOPMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $60,223
Program Service Revenue $191,189
Investment Income $0
Other Revenue $1,756
TOTAL REVENUE $253,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $144,918
Other Expenses $153,541
TOTAL EXPENSES $153,541

Year-over-Year Comparison

2022 2021 Change
Revenue $253,168 $222,876 +0.1%
Expenses $153,541 $204,986 -0.3%
Net Income $99,627 $17,890 +4.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER SERLING PRESIDENT 1.00
Officer Director
$0 $0 $0
TRICIA GORHAM VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LAURIE LOBDELL SECRETARY/TREASURER 1.00
Director
$0 $0 $0
PAULA KIRKWOOD PAST PRESIDENT 1.00
Director
$0 $0 $0
STACEY BENTON DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
JACQUENE A HOWARD DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
HEATHER LAURIE DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
MANDY ZACHGO DIRECTOR AT LARGE 1.00
Director
$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
2022 $253,168 $153,541 $201,276 $99,627
2021 $222,876 $204,986 $101,649 $17,890
2020 $96,270 $63,401 $84,249 $32,869
2019 $263,835 $353,002 $51,520 $-89,167
2018 $59,983 $88,422 $173,028 $-28,439
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