Miami Veterinary Foundation INC EIN 59-1911775

Miami Veterinary Foundation INC

EIN  59-1911775 Public charity (501(c)(3)) Miami, FL Founded 1978
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides veterinary care, promotes responsible ownership, and reduces pet overpopulation.
Leadership
Irving Lerner DVM · President
Money in and out
$798K revenue, $685K expenses
Bottom line
0% program efficiency

Provides veterinary care, promotes responsible ownership, and reduces pet overpopulation. For fiscal year 2025 it reported $798K in revenue, $685K in expenses, and $230K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$798K
Pt VIII · Ln 12
Total expenses
$685K
Pt IX · Ln 25
Net assets
$230K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $112K
Where spending went · Part IX cols B–D
Management & general $0.25 Fundraising $0.75
Program efficiency
0%
of spending reaches programs▼ -100% vs prior filing year
Operating runway
4.2mo
months of highly liquid reserves at operating expense rate▲ +50% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +254% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$798K
FY20250%
Expenses
$685K
FY2025▼ -21%
Total assets
$243K
FY2025▲ +19%
Total liabilities
$13K
FY2025▼ -85%
Total revenue
$798K
Pt VIII · Ln 12
Total expenses
$685K
Pt IX · Ln 25
Net assets
$230K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$112K
Total assetsPt X · Ln 16$243K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services, described in the organization's own filed words · FY2025.
01

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.

Pt IX · col B
02

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.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMiami Veterinary Foundation INC
EINHdr · item D59-1911775
Principal addressHdr · item CMiami, FL
WebsiteHdr · item Jwww.miamivetfoundation.org
Year of formationHdr · item L1978
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$798K
Investment income$24
— government grantsLn 1e$335K
Total revenueLn 12$798K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $0.25 Fundraising $0.75
Management & general25%$174K
Fundraising75%$512K
Total functional expensesLn 25$685K

Balance Sheet

Part X · end of year
CashLn 1$238K
Total assetsLn 16$243K
Total liabilitiesLn 26$13K
Total net assetsLn 32$230K
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $238K · Operating expenses/yr $685K
4.2 months
Where the money goes
Program services
Program services $0 · Total expenses $685K
0%
Management & General
Management & general $174K · Total expenses $685K
25%
Fundraising
Fundraising $512K · Total expenses $685K
75%
Cost to raise $1
Fundraising expense (3-yr avg) $171K · Solicited contributions (3-yr avg) $392K
$0.44 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $798K · Total revenue $798K
100%
Government reliance
Government grants $335K · Total revenue $798K
42%
Earned-income share
Program service revenue $0 · Total revenue $798K
0%
Investment reliance
Investment income $24 · Total revenue $798K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $685K
0%
Growth & trend
Revenue growth (YoY)
This year $798K · Prior year $794K
0%
Revenue CAGR
FY2020 $297K · FY2025 $798K
+22%
Net-asset trend (YoY)
End of year $230K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $798K · Expenses $685K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $243K
Net-asset ratio
Net assets $230K · Total assets $243K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $243K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Irving Lerner DVM · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $685K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $141K · Total expenses $685K
21%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Overhead ratio 25%
Fundraising cost ratio 64%
Revenue growth 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$3K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$798K revenue · viewing · ⤓ 990 PDF
FY2024$794K revenue · ⤓ 990 PDF
FY2023$869K revenue · ⤓ 990 PDF
FY2022$578K revenue · ⤓ 990 PDF
FY2021$733K revenue · ⤓ 990 PDF
FY2020$297K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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