Veterinarians Without Borders FY2024 filing

Davis, CA · Public charity (501(c)(3)) · Since 2001 · Animals

✓ Tax-deductible
Revenue
$10K
-89% vs prior year
Spent
$121K
To programs
84%
Net assets
$756K
By yearFY2019–FY2025
Revenue
$10K
FY2024▼ -89%
Revenue by fiscal year
FY2019$201K
FY2020$575K
FY2021$511K
FY2022$458K
FY2023$95K
FY2024$10K
FY2025$20K
Expenses
$121K
FY2024▼ -10%
Expenses by fiscal year
FY2019$325K
FY2020$152K
FY2021$185K
FY2022$246K
FY2023$135K
FY2024$121K
FY2025$95K
Net assets
$756K
FY2024▼ -8%
Net assets by fiscal year
FY2019−$136K
FY2020$286K
FY2021$612K
FY2022$824K
FY2023$825K
FY2024$756K
FY2025$743K

From the FY2024 Form 990 · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CVeterinarians Without Borders
EINHdr · item D71-0933188
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2007
Year of formationHdr · item L2001
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CDavis, CA
NTEE classificationIRS BMFAnimals (D20)
WebsiteHdr · item Jwww.vetswithoutborders.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$101K
Management & general16%$20K
Total functional expensesLn 25$121K

Financial health

Is it on solid ground?

Program efficiency
84%
of spending reaches programs
Operating runway
66.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-1066%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$756K
FY2024▼ -8%
Total assets by fiscal year
FY2019$36K
FY2020$449K
FY2021$631K
FY2022$828K
FY2023$825K
FY2024$756K
FY2025$743K
Total liabilities
$0
FY2024
Total liabilities by fiscal year
FY2019$172K
FY2020$163K
FY2021$19K
FY2022$4K
FY2023$0
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19−$111K
Total assetsPt X · Ln 16$756K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$384K
Total assetsLn 16$756K
Total liabilitiesLn 26$0
Total net assetsLn 32$756K
Months of cash on handcomputed38.1

Statement of Revenue

Part VIII
Investment income$10K · 94%
Other revenue$581 · 6%
Investment income94%$10K
Other revenue6%$581
Total revenueLn 12$10K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $675K · Operating expenses/yr $121K
66.9 months
Where the money goes
Program services
Program services $101K · Total expenses $121K
84%
Management & General
Management & general $20K · Total expenses $121K
16%
Fundraising
Fundraising $0 · Total expenses $121K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $153K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $10K
0%
Government reliance
Government grants — · Total revenue $10K
—
Earned-income share
Program service revenue $0 · Total revenue $10K
0%
Investment reliance
Investment income $10K · Total revenue $10K
+94%
Program self-sufficiency
Program service revenue $0 · Total expenses $121K
0%
Growth & trend
Revenue growth (YoY)
This year $10K · Prior year $95K
-89%
Revenue CAGR
FY2019 $201K · FY2024 $10K
-45%
Net-asset trend (YoY)
End of year $756K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $10K · Expenses $121K
-1066%
Liabilities-to-Assets
Total liabilities — · Total assets $756K
—
Net-asset ratio
Net assets $756K · Total assets $756K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $291K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $756K
39%
People & payroll
Highest Reported Total Compensation
Individual Kellie Curtis · Reported title Director · Highest reported compensation $0 · Total expenses $121K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $121K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%——
Overhead ratio 16%——
Revenue growth -89%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Thomas Graham’s $52K as President & CEO is at the 92nd percentile of top reported officer pay among 84 <$100K animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2020FY2019
Thomas W Graham—$65,200
Thomas Graham$51,543—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 1Voting board membersPt VI · Ln 1a
  • –Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Improves animal health and livelihoods in underserved areas through education and veterinary services.

Provided by the organization

This section is blank until Veterinarians Without Borders claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $101K of program spending, described in the organization's own filed words · FY2024.
01

The organization advances human health and livelihoods in underserved areas by sustainably improving animal health and husbandry through education, veterinary service, enterprise development and advanced trade.

$101Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 11 grants · $27K · 2020–2022
Unitemized GrantFY2022$10,600
Unitemized GrantFY2022$7,600
Unitemized GrantFY2022$200
Unitemized GrantFY2020$1,200
Unitemized GrantFY2020$1,200
Unitemized GrantFY2020$1,200
Unitemized GrantFY2020$1,200
Unitemized GrantFY2020$1,000
Unitemized GrantFY2020$1,000
Unitemized GrantFY2020$1,000
Unitemized GrantFY2020$800

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $20K$95K+94% 990 PDF
FY2024 Viewing $10K$121K-89% 990 PDF
FY2023 $95K$135K-79% 990 PDF
FY2022 $458K$246K-10% 990 PDF
FY2021 $511K$185K-11% 990 PDF
FY2020 $575K$152K+186% 990 PDF
FY2019 $201K$325K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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