Eastern States Veterinary Association Inc

EIN: 592243237 501(c)(3) Education

Orlando, FL

Total Revenue
$32,948,348
Total Expenses
$33,471,591
Total Assets
$30,486,996
Net Assets
$14,897,024
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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
FL
Principal Officer
Eugene O'Neill
Phone
3522443716
Tax Period
2023-10-01 to 2024-09-30

Eastern States Veterinary Association Inc, founded in 1982, is a mid-sized nonprofit in the Education sector that reported $32.9M in total revenue in fiscal year 2023.

Mission

The North American Veterinary Community (NAVC) is a nonprofit organization on a mission: to provide world-class continuing professional development for the global veterinary healthcare community.

Program Service Accomplishments

Program 1
Expenses: $15,220,232 Revenue: $21,107,678

NAVC's program activities consist primarily of educational activities which provide training opportunities to develop the knowledge and capabilities of individuals involved in the veterinary...

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NAVC's program activities consist primarily of educational activities which provide training opportunities to develop the knowledge and capabilities of individuals involved in the veterinary healthcare community. The educational opportunities provided by NAVC train participants in the most up-to-date treatment and care methodologies, which allow these participants to provide a higher quality of care for animals. The Organization presents an annual educational conference, Veterinary Meeting & Expo (VMX), to veterinary professionals and others which offers advanced learning opportunities, innovations, and meaningful connections to participants. The 2024 VMX had over 27,000 attendees for its five-day conference both in-person in Orlando, Florida, and virtually around the globe. Attendees received world-class continuing education through interactive symposia, hands-on labs, lectures, and exhibitor booths. The education at VMX allows attendees to provide a higher quality of animal care and provides necessary continuing education credits to allow veterinary professionals to meet state-mandated education and licensing requirements. NAVC also provides students and others with financial need discounted/free admissions to attend its conference and other training activities to provide greater educational opportunities to those individuals who might otherwise be unable to attend. In connection with the NAVC Conference, the Organization received approximately $278,600 of free use of medical equipment.In 2024, NAVC also offered an online product, VMX Virtual. This allowed attendees to experience VMX virtually that otherwise wouldn't be able to attend, and also gave exhibitors the opportunity to showcase their booths virtually to this audience. VMX Virtual offers both live interactive sessions as well as OnDemand content that is consumed when it is convenient for the learner.

Program 2
Expenses: $6,105,239 Revenue: $13,080

The Media, (formerly Publishing), group provides world-class education and training to develop the knowledge and capabilities of individuals in the veterinary healthcare community through journals...

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The Media, (formerly Publishing), group provides world-class education and training to develop the knowledge and capabilities of individuals in the veterinary healthcare community through journals and online media. All publications are supplemented by regular digital communications and a robust website which provides key educational information to individuals involved in various aspects of animal care. Today's Veterinary Practice is published six times per year as a free educational resource for members of the veterinary community. It is provided free of charge to veterinarians, veterinary nurses/technicians, practice managers, veterinary assistants, veterinary faculty, and third-year and fourth-year veterinary students. The peer-reviewed journal is BPA media audited and certified and has a circulation of 65,000 subscribers. This publication is USPS postal verified. Today's Veterinary Nurse (previously Today's Veterinary Technician) is an official peer-reviewed print journal and is published four times per year as a free educational resource for members of the veterinary community. It is provided free of charge to veterinary nurses/technicians, veterinary assistants, veterinary technician students, and other members of the veterinary healthcare team. The journal has a circulation of 45,000 subscribers. This publication is USPS postal verified. Today's Veterinary Business is dedicated to improving the financial health of veterinary practices. It is provided free of charge as an educational resource. It is sent to 55,000 practice owners, practice managers and associate veterinarians on a bimonthly basis and features content related to finance, leadership, community, human resources, retail/merchandising and marketing. This publication is USPS postal verified. Veterinary Advantage is dedicated to providing educational resources to distribution channel representatives. Its goal is to improve the knowledge and performance of inside and outside distributor sales reps, so they can bring value to veterinary practices and ultimately help improve the quality of care. VetAdvantage is provided free of charge to 7,000 representatives on a bimonthly basis and features content related to the animal health industry.

Program 3
Expenses: $3,204,730 Revenue: $2,801,531

In 2021, NAVC created a new segment of business- Virtual XP. This brand encompasses our new fully acquired online learning platform- VetFolio. This segment focuses on providing visual and interactive...

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In 2021, NAVC created a new segment of business- Virtual XP. This brand encompasses our new fully acquired online learning platform- VetFolio. This segment focuses on providing visual and interactive virtual learning programs to the veterinary community. Virtual XP houses year-round educational resources for veterinary professionals to get industry news and educational insight through video content to enhance medical care. The programming focuses on industry-wide trends and concerns as well as what it is like to be a veterinary professional. Products offered include: Vet2Vet (which is a video learning series that provides industry insights through conversations with Veterinarians); live webinars and Level Up summits; certificate programs (non-renewing educational programs); and Spark! (NAVC's in-house production team that manages all audio and visual production for VirtualXP products as well as the entire organization).VetFolio is the online learning platform for NAVC in addition to virtual event hosting that provides educational resources to over 100,000 learners. VetFolio is an online learning resource that includes hundreds of hours of OnDemand learning content as well as articles, podcasts and different types of CE courses. VetFolio also hosts most virtual learning events provided under the Virtual XP business unit. VetFolio was a previous joint venture that is now wholly owned by NAVC. VetFolio houses legacy products, which include a variety of: podcasts; OnDemand courses (long form, short form, microlearning); journal articles; resource centers; and eCommerce for Partners (Online Courses, etc.).

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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 (2023)

Revenue Breakdown

Contributions & Grants $157,650
Program Service Revenue $32,490,418
Investment Income $226,334
Other Revenue $73,946
TOTAL REVENUE $32,948,348

Expense Breakdown

Grants Paid $155,016
Salaries & Benefits $12,344,384
Fundraising Expenses $0
Program Expenses $28,415,109
Other Expenses $20,972,191
TOTAL EXPENSES $33,471,591

Year-over-Year Comparison

2023 2022 Change
Revenue $32,948,348 $30,852,984 +0.1%
Expenses $33,471,591 $28,679,149 +0.2%
Net Income $-523,243 $2,173,835 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
8
Employees
196
Volunteers
8

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
7
$1,451,508
Total Directors
10
$42,303
Key Employees
12
$2,879,793
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Lester Board President 2.00
Officer Director
$32,582 $0 $32,582
Karen Kline Board President Elect 2.00
Officer Director
$0 $0 $0
Dr Christine Navarre Board Treasurer 2.00
Officer Director
$9,721 $0 $9,721
Mark Russak Director 2.00
Officer Director
$0 $0 $0
Sally Haddock Board Vice President 2.00
Director
$0 $0 $0
Jonathan R Townsend Director 2.00
Director
$0 $0 $0
Dr Geraldine Diethelm Director 2.00
Director
$0 $0 $0
Tammy Miller Michau Director 2.00
Director
$0 $0 $0
Crystal Chrisler Director 2.00
Director
$0 $0 $0
Jason Johnson Director 2.00
Director
$0 $0 $0
Eugene O'Neill CEO 50.00
Officer
$774,882 $111,750 $886,632
Dieter Haager Chief Administrative Officer 50.00
Officer
$269,146 $83,834 $352,980
Daniel Prucnal Vice President, Controller 50.00
Officer
$153,233 $16,360 $169,593
Allyson Archambault Senior Vice President of Sales 50.00
Key Emp
$290,136 $21,984 $312,120
Laura Walker Chief Media & Sales Officer 50.00
Key Emp
$283,408 $72,151 $355,559
Doreen Carpenter Group Publisher 50.00
Key Emp
$237,897 $16,958 $254,855
Daniel Read Senior VP of HIVE/Special Events 50.00
Key Emp
$216,082 $28,591 $244,673
Dana Varble Chief Veterinary Officer 50.00
Key Emp
$217,789 $12,952 $230,741
Marcie Whichard Senior VP, New Product and Bus Dev 50.00
Key Emp
$210,617 $12,358 $222,975
Whitney Brockman Vice President of Sponsorship Sales 50.00
Key Emp
$210,357 $7,319 $217,676
Joe Sorrentino Senior VP of Event Operations 50.00
Key Emp
$201,878 $36,667 $238,545
Meghan Golden Senior VP P'ships & Intl Relations 50.00
Key Emp
$189,184 $17,235 $206,419
Suzanne Savage Senior Vice President of Governance 50.00
Key Emp
$183,790 $15,872 $199,662
Erin Weber Senior Vice President of VirtualXP 50.00
Key Emp
$184,257 $36,225 $220,482
Summer Graziano Vice President of Marketing 50.00
Key Emp
$152,935 $23,151 $176,086
Robin Pence Vice President of Public Relations 50.00
Highest
$201,706 $19,970 $221,676
Chelsea Elbert Account Executive 50.00
Highest
$181,576 $6,040 $187,616
Paige Ellington Account Executive 50.00
Highest
$152,538 $18,529 $171,067
Jamie Laws Strategic Account Manager 50.00
Highest
$155,254 $10,896 $166,150
Susan Woodard Vice President of Programs 50.00
Highest
$149,417 $16,957 $166,374
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 $32,948,348 $33,471,591 $30,486,996 $-523,243
2023 $30,852,984 $28,679,149 $27,098,945 $2,173,835
2022 $26,971,403 $22,427,390 $25,420,286 $4,544,013
2021 $20,705,177 $18,687,023 $24,266,314 $2,018,154
2020 $23,649,133 $20,530,247 $20,957,401 $3,118,886
2019 $22,779,231 $22,387,396 $21,625,026 $391,835
2018 $22,855,363 $23,154,539 $19,541,762 $-299,176
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