MIAMI VETERINARY FOUNDATION INC

EIN: 591911775 501(c)(3)

MIAMI, FL

Total Revenue
$797,624
Total Expenses
$685,472
Total Assets
$243,026
Net Assets
$230,110
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
FL
Principal Officer
IRVING LERNER DVM
Phone
3052792000
Tax Period
2025-01-01 to 2025-12-31

MIAMI VETERINARY FOUNDATION INC, founded in 1978, is a small nonprofit that reported $798K in total revenue in fiscal year 2025. Expenses of $685K left a modest 14% surplus.

Mission

TO INCREASE ACCESS TO VETERINARY CARE, PROMOTE RESPONSIBLE PET OWNERSHIP, STRENGTHEN THE HUMAN ANIMAL BOND AND SUPPORT REDUCTION OF PET OVERPOPULATION IN OUR COMMUNITY

Program Service Accomplishments

Program 1

SPAY-NEUTER SERVICES - MIAMI VETERINARY FOUNDATION AND MIAMI DADE ANIMAL SERVICE PARTNER TOGETHER TO CREATE GREATER ACCESS TO SPAY NEUTER SERVICES FOR THE LOW INCOME PET OWNING COMMUNITY AND TO...

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SPAY-NEUTER SERVICES - MIAMI VETERINARY FOUNDATION AND MIAMI DADE ANIMAL SERVICE PARTNER TOGETHER TO CREATE GREATER ACCESS TO SPAY NEUTER SERVICES FOR THE LOW INCOME PET OWNING COMMUNITY AND TO CREATE MORE VOLUME OF FREE SPAY NEUTER SERVICES AVAILABLE FOR COMMUNITY CATS, AS WELL AS ASSISTING MDAS APPROVED RESCUE PARTNER ORGANIZATIONS WITH SPAY NEUTER SERVICES. QUALIFIED LOW INCOME PET OWNERS ARE PROVIDED SPAY NEUTER SERVICES FOR THEIR PETS WITH MINIMAL CO-PAYMENT FOR THE SERVICES. PROOF OF LOW INCOME STATUS MUST BE PROVIDED TO THE PARTICIPATING VETERINARIAN. LOW INCOME OWNERS ARE QUALIFIED AS THOSE WHO CAN PROVE THEY RECEIVE BENEFITS FROM ONE OF THE FOLLOWING: FOOD STAMPS, MEDICAID, SUPPLEMENTAL SECURITY INCOME (SSI), TEMPORARY ASSISTANCE FOR NEEDED FAMILIES (TANF), JACKSON MEMORIAL HOSPITAL CLINIC CARE. IN EACH CASE, THE ELIGIBLE OWNER MUST PROVIDE A COPY OF THE LETTER STATING THAT THEY ARE ENTITLED TO THE ABOVE BENEFITS, AND SHOW THAT THE DATES STILL APPLY AND ARE CURRENT. UNDER THE COMMUNITY CAT PROGRAM, COMMUNITY CATS ARE SPAYED OR NEUTERED AT NO COST TO THE COMMUNITY MEMBER WHO BRINGS IN THE CATS FOR SERVICES. CATS HAVE THEIR EARS NOTCHED, SPAY OR NEUTER SURGERY, RECEIVE A RABIES VACCINE, ALL AT NO CHARGE. THIS PROGRAM HAS NO INCOME QUALIFICATION. ANYONE WISHING TO HELP WITH COMMUNITY CATS MAY UTILIZE THIS SERVICE AT NO CHARGE.

Program 2

PROJECT UNLEASHED - IT'S A FREE, LOW INCOME AND HOMELESS PET OWNER WELLNESS AND BASIC VETERINARY CARE CLINIC, STATE LICEND AS A LIMITED SERVICES PRACTICE, VL238, ADMINISTERED BY THE MIAMI VETERINARY...

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PROJECT UNLEASHED - IT'S A FREE, LOW INCOME AND HOMELESS PET OWNER WELLNESS AND BASIC VETERINARY CARE CLINIC, STATE LICEND AS A LIMITED SERVICES PRACTICE, VL238, ADMINISTERED BY THE MIAMI VETERINARY FOUNDATION ON THE THIRD SUNDAY OF EVERY MONTH EXCEPT IN DECEMBER. WE ARE HOSTED IN CAMILLUS HOUSE HOMELESS SHELTER, WHICH ALLOWS PROJECT UNLEASHED A LARGE OFFICE SPACE WITH A SEPARATE WAITING ROOM AND 3 EXAM CUBICLES. EACH CLINIC IS STAFFED BY AT LEAST 3 VOLUNTEER VETERINARIANS WITH TECHNICIANS AS WELL AS DEDICATED VOLUNTEERS. PROJECT UNLEASHED STARTED AS A SMALL, EVERY OTHER MONTH OUTREACH PROGRAM, TO PROVIDE VETERINARY CARE TO THE ANIMALS WHO RESIDE WITH THEIR OWNERS AT CAMILLUS HOUSE HOMELESS SHELTER, STAFFING CONSISTED OF ONE VOLUNTEER VETERINARIAN AND ONE TECHNICIAN WHO WOULD SEE APPROXIMATELY 10-20 ANIMALS. ON A BUSY DAY VETERINARIANS SAW 30 ANIMALS, TODAY, WE SEE NO LESS THAN 35- 40 ANIMALS EACH CLINIC, AND UPWARDS OF 75 ANIMALS ON A BUSY DAY.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $797,600
Program Service Revenue $0
Investment Income $24
Other Revenue $0
TOTAL REVENUE $797,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,576
Fundraising Expenses $511,871
Other Expenses $544,896
TOTAL EXPENSES $685,472

Year-over-Year Comparison

2025 2024 Change
Revenue $797,624 $794,050 +0.0%
Expenses $685,472 $866,503 -0.2%
Net Income $112,152 $-72,453 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
3
Volunteers
50

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IRVING LERNER DVM PRESIDENT 15.00
Officer Director
$0 $0 $0
ROBERT PANE DVM OFFICER 5.00
Officer Director
$0 $0 $0
CLAUDIA VALDERRAMA DVM SECRERTARY 2.00
Officer Director
$0 $0 $0
BRADLEY RICHTER DVM OFFICER 2.00
Officer Director
$0 $0 $0
ANA SANCHEZ OFFICER N/A
$0 $0 $0
SUZZANE HUBBARD TREASURER 20.00
Officer Director
$0 $0 $0
DR JESSICA LOWE OFFICER 2.00
Officer 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
2025 $797,624 $685,472 $243,026 $112,152
2024 $794,050 $866,503 $203,890 $-72,453
2023 $868,995 $901,079 $208,701 $-32,084
2022 $578,375 $664,059 $246,270 $-85,684
2021 $733,434 $494,790 $332,161 $238,644
2020 $297,134 $378,417 $141,037 $-81,283
2020 $297,134 $378,417 $141,037 $-81,283
2019 $549,874 $581,189 $155,944 $-31,315
2018 $490,705 $380,651 $189,933 $110,054
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