Washington State Veterinary Medical Association

EIN: 910667672

Redmond, WA

Total Revenue
$1,052,998
Total Expenses
$1,124,433
Total Assets
$891,323
Net Assets
$845,494
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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
1942
Legal Domicile
WA
Principal Officer
Ken Gordon
Phone
4253963191
Tax Period
2023-11-01 to 2024-10-31

Washington State Veterinary Medical Association, founded in 1942, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023.

Mission

Through our work of providing advocacy, education, information and resources, member veterinarians and veterinary students are able to focus on their deep commitment to the care and wellbeing of animals, their owners, and the general public.

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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 $23,093
Program Service Revenue $865,178
Investment Income $58,936
Other Revenue $105,791
TOTAL REVENUE $1,052,998

Expense Breakdown

Grants Paid $0
Salaries & Benefits $481,896
Fundraising Expenses $0
Other Expenses $642,537
TOTAL EXPENSES $1,124,433

Year-over-Year Comparison

2023 2022 Change
Revenue $1,052,998 $1,059,259 0.0%
Expenses $1,124,433 $975,590 +0.2%
Net Income $-71,435 $83,669 -1.9%
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

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Governance

Voting Members
10
Independent Members
10
Employees
5
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
9
$223,259
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Candace Joy CEO 55.00
Officer
$161,582 $25,321 $186,903
Ken Gordon CEO 55.00
Officer
$25,000 $11,356 $36,356
Dr Eddie Haigh President 1.50
Officer Director
$0 $0 $0
Dr Bob Mealey Vice President 1.50
Officer Director
$0 $0 $0
Dr Sally Thompson-Iritani VP/Treasurer 1.50
Officer Director
$0 $0 $0
Dr Melanie Bowden Treasurer 1.50
Officer Director
$0 $0 $0
Dr Brian Joseph Secretary 1.50
Officer Director
$0 $0 $0
Dr Irene Yen Secretary 1.50
Officer Director
$0 $0 $0
Dr Haena Lee Secretary 1.50
Officer Director
$0 $0 $0
Dr Gary Marshall Director 1.50
Director
$0 $0 $0
Dr Katie Kuehl Director 1.50
Director
$0 $0 $0
Dr Kristi Wubben Director 1.50
Director
$0 $0 $0
Dr Radha Ganesan Director 1.50
Director
$0 $0 $0
Dr Lily Ngai Director 1.50
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 No data No data No data No data
2024 $1,052,998 $1,124,433 $891,323 $-71,435
2023 $1,059,259 $975,590 $923,305 $83,669
2022 $978,591 $857,052 $987,227 $121,539
2021 $759,007 $702,543 $874,732 $56,464
2020 $660,254 $703,688 $1,013,483 $-43,434
2019 $844,151 $785,645 $1,017,733 $58,506
2018 $846,124 $724,631 $951,868 $121,493
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