Iavma FY2023 filing

Fremont, CAUnknown exempt organizationEIN 46-3758028

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Iavma is a non-profit organization of progressive veterinarians in north america. Its purpose is to provide education regarding and encourage the maintenance of high standards in the field of veterinary medicine.

36¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $110K a year · 131% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
36%
of spending
Concern: 36% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
37 mo
of spending, in cash
Looks good: 36.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$37K
-23% vs prior year
Spent
$122K
To programs
36%
Net assets
$383K
By yearFY2020–FY2025
Revenue
$37K
FY2023▼ -23%
Revenue by fiscal year
FY2020$283K
FY2021$41K
FY2022$49K
FY2023$37K
FY2024$45K
FY2025$49K
FY2025$0
Expenses
$122K
FY2023▼ -61%
Expenses by fiscal year
FY2020$136K
FY2021$117K
FY2022$313K
FY2023$122K
FY2024$322K
FY2025$155K
FY2025$0
Net assets
$383K
FY2023▼ -18%
Net assets by fiscal year
FY2020$809K
FY2021$732K
FY2022$468K
FY2023$383K
FY2024$106K
FY2025$0
FY2025$0

From the FY2023 Form 990 (year ending August 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2018-01-15). Per the IRS revocation list. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

36 cents of each dollar spent went to programs.

Program services 36% · $44K Management & general 64% · $77K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Iavma executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates and promotes high standards for progressive veterinarians in North America.

Provided by the organization

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2 programs · in their own filed words · FY2022
01

Conducted educational events, including an annual symposium and continuing education seminars, providing updates in the field of veterinary medicine to over 100 veterinarians and other veterinary professionals.

Pt IX · col B
02

Provided grants to 501(c)(3) organizations in furtherance of educating professionals in the field of veterinary medicine.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $95K · 2019–2021
SahaitaCA · FY2021$35,000
CvmfCA · FY2021$20,000
Solano County Animal CareFY2020$10,000
Sahaita INCCA · FY2019$20,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$37K
Ln 12
Gifts and grantsLn 1h$29K
Other incomeLn 4–11$8K
Investment incomeLn 3$1
Money outPt IX
$122K
Ln 25
Programscol B$44K
Managementcol C$77K
Owns and owesPt X
$383K
net assets · Ln 32
Cash and savingsLn 1–2$374K
Total assetsLn 16$383K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$29K
Government grantsLn 1e$4K
Investment incomeLn 3$1
Other incomeLn 4–11$8K
Total revenueLn 12$37K
Assets in detailPt X, end of year
CashLn 1$362K
SavingsLn 2$13K
Cash and savings togetherLn 1–2$374K
Other assetsLn 15$3K
Total assetsLn 16$383K
LiabilitiesLn 26$0
Net assetsLn 32$383K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6150
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$458K$374K
Total assetsLn 16$468K$383K
LiabilitiesLn 26$0$0
Net assetsLn 32$468K$383K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Legal feesLn 11b$11K$11K
Accounting feesLn 11c$66K$66K
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$462$462
Office expensesLn 13$2K$2K
Information technologyLn 14$11K$11K
Conferences, conventions and meetingsLn 19$11K$11K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$4K$4K
Total functional expensesLn 25$122K$44K$77K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $49K$155K−$106K$0 990 PDF
FY2024 $45K$322K−$277K$106K 990 PDF
FY2023 Viewing $37K$122K−$84K$383K 990 PDF
FY2022 $49K$313K−$265K$468K 990 PDF
FY2021 $41K$117K−$77K$732K 990 PDF
FY2020 $283K$136K$147K$809K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $37,459 across 6 lines filed
VIII-1b Membership dues$24,990
VIII-1e Government grants$4,500
VIII-1h Total contributions, gifts and grants$29,490
VIII-3 Investment incomeRelated to mission $1$1
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $7,968$7,968
VIII-12 Total revenueRelated to mission $1 · Unrelated business $7,968$37,459
Part IX · Statement of functional expenses $121,626 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $5,000$5,000
IX-11b Legal feesManagement $11,335$11,335
IX-11c Accounting feesManagement $65,910$65,910
IX-11g Other fees for servicesPrograms $5,681$5,681
IX-12 Advertising and promotionPrograms $462$462
IX-13 Office expensesPrograms $1,613$1,613
IX-14 Information technologyPrograms $11,254$11,254
IX-19 Conferences, conventions and meetingsPrograms $11,171$11,171
IX-22 Depreciation, depletion and amortizationPrograms $2,759$2,759
IX-23 InsurancePrograms $2,250$2,250
IX-24 Other expenses (24a–d)Programs $4,191$4,191
IX-25 Total functional expensesPrograms $44,381 · Management $77,245 · Fundraising $0$121,626
Part X · Balance sheet $383,336 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $440,930$361,929
X-2 Savings and temporary cash investmentsStart of year $17,295$12,556
X-14 Intangible assetsStart of year $8,278$5,519
X-15 Other assetsStart of year $1,000$3,332
X-16 Total assetsStart of year $467,503$383,336
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $467,503$383,336
X-32 Total net assets or fund balancesStart of year $467,503$383,336
X-33 Total liabilities and net assetsStart of year $467,503$383,336
Part XI · Reconciliation of net assets $383,336 net assets at year end
XI-1 Total revenue$37,459
XI-2 Total expenses$121,626
XI-3 Revenue less expenses−$84,167
XI-4 Net assets at start of year$467,503
XI-10 Net assets at end of year$383,336

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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