MISSISSIPPI VETERINARY MEDICAL ASSN

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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

1906

Legal Domicile

Principal Officer

DEANNA DILLARD

Phone

6623235057

Tax Period

2024-01-01 to 2024-12-31

MISSISSIPPI VETERINARY MEDICAL ASSN, founded in 1906, is a small nonprofit that reported $290K in total revenue in fiscal year 2024. Expenses of $277K left a modest 4% surplus.

Mission

TO PROMOTE THE IMPORTANCE OF THE VETERINARIAN AS A MEDICAL PROFESSIONAL PROTECTING ANIMAL AND PUBLICE HEALTH.

Program Service Accomplishments

Program 1

THE MISSISSIPPI VETERINARY MEDICAL ASSOCIATION (MVMA) CONTINUED ITS MISSION TO ADVANCE VETERINARY MEDICINE IN MISSISSIPPI THROUGH PROFESSIONAL DEVELOPMENT, EDUCATION AND ADVOCACY. MVMA HOSTED TWO...

THE MISSISSIPPI VETERINARY MEDICAL ASSOCIATION (MVMA) CONTINUED ITS MISSION TO ADVANCE VETERINARY MEDICINE IN MISSISSIPPI THROUGH PROFESSIONAL DEVELOPMENT, EDUCATION AND ADVOCACY. MVMA HOSTED TWO MAJOR CONTINUING EDUCATION CONFERENCES, THE WINTER CONFRENCE AND THE SUMMER CONFERENCE AT THE LODGE AT GULF STATE PARK, PROVIDING VETERINARIANS AND VETERINARY TECHNICIANS WITH ACCREDITED SESSIONS, NETWORKING OPPORTUNITIES, AND INDUSTRY UPDATES. THE ASSOCIATION MAINTAINED STRONG SUPPORT FOR VETERINARY STUDENTS BY AWARDING SCHOLARSHIPS TO FIRST- AND SECOND-YEAR VETERINARY TECHNICIAN STUDENTS AT HINDS COMMUNITY COLLEGE, AND IT CONTINUED RECOGNIZING PROFESSIONAL EXCELLENCE THROUGH VARIOUS AWARDS INCLUDING THE VETERINARIAN OF THE YEAR AND THE YOUNG VETERINARIAN OF THE YEAR AWARDS. MVMA REMAINED ENGAGED IN LEGISLATIVE ADVOACY ON BEHALF OF VETERINARY PROFESSIONALS AND SUPPORTED INITIATIVES TO ADDRESS THE RURAL VETERINARY SHORTAGE IN MISSISSIPPI. IN PARTNERSHIP WITH MISSISSIPPI STATE UNIVERSITY COLLEGE OF VETERINARY MEDICINE AND OTHER STAKEHOLDERS, MVMA CONTINUED EFFORTS TO ENHANCE VETERINARY EDUCATION, RESEARCH, AND ACCESS TO CARE ACROSS THE STATE.

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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 $106,475

Program Service Revenue $181,720

Investment Income $1,920

Other Revenue $0

TOTAL REVENUE $290,115

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,000

Fundraising Expenses $0

Other Expenses $211,266

TOTAL EXPENSES $277,266

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,115	$286,512	+0.0%
Expenses	$277,266	$305,800	-0.1%
Net Income	$12,849	$-19,288	-1.7%

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

N/A

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

$66,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY HOWELL DVM	PRESIDENT	1.00	Officer Director	$0	$0	$0
AMANDA CAMP DVM	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
RICHARD GILL DVM	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEREMY KEEN DVM	TREASURER	1.00	Officer Director	$0	$0	$0
STANLEY ROBERTSON DVM	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
BECKEY HOLIFIELD DVM	CENTRAL DISTRICT REP	1.00	Director	$0	$0	$0
MARK AKIN DVM	NORTHERN DISTRICT REP	1.00	Director	$0	$0	$0
JENNIFER SUTTON DVM	SOUTHERN DISTRICT REP	1.00	Director	$0	$0	$0
KIRBY DEAN STRINGFELLOW DVM	AT LARGE DISTRICT REP	1.00	Director	$0	$0	$0
KATIE EBERS DVM	AVMA DELEGATE	1.00	Director	$0	$0	$0
KEVIN SMITH DVM	AVMA ALTERNATE DELEGATE	1.00	Director	$0	$0	$0
DEANNA DILLARD	EXECUTIVE DIRECTOR	40.00	Officer	$66,000	$0	$66,000

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	$290,115	$277,266	$447,376	$12,849
2023	$286,512	$305,800	$434,527	$-19,288
2022	$300,633	$269,309	$453,815	$31,324
2021	$225,130	$201,860	$422,491	$23,270
2020	$192,960	$224,369	$399,221	$-31,409
2019	$310,723	$306,160	$430,630	$4,563
2018	$322,079	$325,388	$426,067	$-3,309