World Vets
- Assets
- $1.1m
- Revenue
- $757.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Gig Harbor, WA
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 20-4637447
Organization Overview
World Vets is located in Gig Harbor, WA. The organization was established in 2006. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. As of 12/2021, World Vets employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Vets is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, World Vets generated $757.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $666.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH & WELL-BEING OF ANIMALS THROUGH VETERINARY AID, RESPONSE, TRAINING, RESEARCH & DISASTER RELIEF WORLDWIDE. WE PROVIDE SERVICES TO COMPANION ANIMALS, EQUIDS, STREET DOGS, WILDLIFE, LIVESTOCK & MARINE ANIMALS WHILE ALSO WORKING TO PROTECT THEIR ENVIRONMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORLD VETS PROVIDES VETERINARY AID PROGRAMS AND SUPPORT IN OVER 45 COUNTRIES ON 6 CONTINENTS PROVIDING AID TO TENS OF THOUSANDS OF ANIMALS AND THE PEOPLE AND COMMUNITIES IN WHICH THEY LIVE. PROGRAMS INCLUDE SPAY/NEUTER, PUBLIC HEALTH, STREET DOG MANAGEMENT THROUGH VACCINATION AND STERILIZATION, LIVESTOK PROGRAMS, EQUINE PROGRAMS HELPING WORKING HORSES AND DONKEYS, DISASTER RESPONSE/ANIMAL RESCUE, MARINE ANIMAL PROGRAMS (INCLUDING STRANDING RESPONSE, RESCUE OF SICK, INJURED OR STRANDED MARINE ANIMALS IN THE WILD, RESEARCH, PROTECTION & CONSERVATION). WORLD VETS IS ALSO THE VETERINARY NGO PROVIDING VETERINARIANS FOR CIVIL-MILITARY PARTNERSHIP HUMANITARIAN AID PROGRAMS (CONTINUING PROMISE, PACIFIC PARTNERSHIP, ETC). OUR WORK HAS A STRONG ONE HEALTH FOCUS. THROUGH A LARGELY VOLUNTEER WORKFORCE OF HIGHLY SKILLED PROFESSIONALS, WORLD VETS IS ABLE TO LEVERAGE RESOURCES FOR MAXIMUM IMPACT AND SUSTAINABLILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy King DVM PHD Ceoveterinarian | Officer | 60 | $160,042 |
Susan Paseman Director | Trustee | 0.5 | $0 |
Heather Mccabe Director | Trustee | 0.5 | $0 |
Suzanne Coulson DVM Director | Trustee | 0.5 | $0 |
Mushtaq Memon Bvssc Msc PHD Director | Trustee | 0.5 | $0 |
Erica Gillum DVM Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,440 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $136,497 |
| All other contributions, gifts, grants, and similar amounts not included above | $542,362 |
| Noncash contributions included in lines 1a–1f | $82,762 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,299 |
| Total Program Service Revenue | $40,770 |
| Investment income | $936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,938 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $757,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,650 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $44,995 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,042 |
| Compensation of current officers, directors, key employees. | $14,895 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,667 |
| Pension plan accruals and contributions | $25,898 |
| Other employee benefits | $13,154 |
| Payroll taxes | $16,057 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,464 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,100 |
| Fees for services: Other | $2,342 |
| Advertising and promotion | $292 |
| Office expenses | $11,863 |
| Information technology | $14,867 |
| Royalties | $0 |
| Occupancy | $90,315 |
| Travel | $26,341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,416 |
| Insurance | $20,633 |
| All other expenses | $26,647 |
| Total functional expenses | $666,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,744 |
| Savings and temporary cash investments | $619,132 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $101,007 |
| Prepaid expenses and deferred charges | $449 |
| Net Land, buildings, and equipment | $228,827 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,160 |
| Total assets | $1,079,319 |
| Accounts payable and accrued expenses | $538 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $538 |
| Net assets without donor restrictions | $1,078,781 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,079,319 |
Grants Awarded
Over the last fiscal year, World Vets has awarded $11,880 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PEOPLE FOR ANIMAL CARE & KINDNESS PURPOSE: care products | $6,380 |
ST ANTHONYS HOSPITAL PURPOSE: For COVID protection | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that World Vets has recieved totaling $9,336.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,153 |
Bilek Charitable Foundation Henderson, NV PURPOSE: TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C)(3) | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $545 |
Xl Foundation Los Angeles, CA PURPOSE: TO FUND EXEMPT PURPOSE ACTIVITY | $518 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $120 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Humane Society Portland, OR | $103,747,214 | $24,056,728 |
Humane Society For Seattle-King Co Bellevue, WA | $53,393,761 | $11,522,855 |
Emerald City Pet Rescue Seattle, WA | $2,944,249 | $9,422,512 |
Idaho Humane Society Inc Boise, ID | $27,704,530 | $10,834,073 |
Tacoma-Pierce County Humane Society & Scty Prevention Cruelty Animals Tacoma, WA | $26,949,409 | $7,484,997 |
Progressive Animal Welfare Society Inc Lynnwood, WA | $44,795,230 | $16,765,097 |
Pasados Safe Haven Sultan, WA | $17,881,131 | $6,100,801 |
Vancouver Humane Society & Society For The Prevention Of Cruelty To A Vancouver, WA | $13,569,172 | $6,704,681 |
Kitsap Humane Society Silverdale, WA | $13,022,477 | $6,313,731 |
Auburn Valley Humane Society Auburn, WA | $2,325,004 | $3,541,843 |
Banfield Foundation Vancouver, WA | $8,957,328 | $6,026,415 |
Animal Shelter Of Wood River Valley Hailey, ID | $21,219,997 | $4,290,743 |