International Veterinary Acupuncture Society Inc
- Assets
- $993.4k
- Revenue
- $204.9k
- Investments
- $150.0k
- Employees
- 3
- Location
- Portland, TX
- Founding
- 05/1976
- Data as of
- 06/2021
- EIN
- 51-0190918
Organization Overview
International Veterinary Acupuncture Society Inc is located in Portland, TX. The organization was established in 1976. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. As of 06/2022, International Veterinary Acupuncture Society Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Veterinary Acupuncture Society Inc 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 06/2021, International Veterinary Acupuncture Society Inc generated $204.9k 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 (14.8%) each year. All expenses for the organization totaled $295.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) 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
INTERNATIONAL VETERINARY ACUPUNCTURE SOCIETY IS DEDICATED TO PROMOTING EXCELLENCE IN THE PRACTICE OF VETERINARY ACUPUNCTURE AS AN INTEGRATIVE PART OF VETERINARY MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SUPPORTED VETERINARY ACUPUNCTURE AND RELATED TREATMENT MODALITIES THROUGH QUALITY BASIC, ADVANCED, AND CONTINUING EDUCATION; CERTIFICATION FOR VETERINARIANS; AND REASONABLE RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Prevratil Executive Director | Officer | 45 | $77,989 |
Katja Gorts President-Elect | OfficerTrustee | 1 | $0 |
Dorte Doring House Of Delegates | OfficerTrustee | 1 | $0 |
Kim Samuelsen Past-President | OfficerTrustee | 1 | $0 |
Pamela Dragos Treasurer | OfficerTrustee | 1 | $0 |
Delores Craig President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,338 |
| Investment income | $7,559 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,137 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,336 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,510 |
| Payroll taxes | $12,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,267 |
| Office expenses | $3,483 |
| Information technology | $6,188 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,025 |
| 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 | $344 |
| Insurance | $3,873 |
| All other expenses | $0 |
| Total functional expenses | $295,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $370,394 |
| Savings and temporary cash investments | $288,845 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $39,561 |
| Investments—publicly traded securities | $144,137 |
| Investments—other securities | $150,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $993,426 |
| Accounts payable and accrued expenses | $15,194 |
| Grants payable | $0 |
| Deferred revenue | $197,970 |
| 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 | $213,164 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $780,262 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Veterinary Acupuncture Society Inc has recieved totaling $15.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Endowment Analysis
| Beg. Balance | $177,043 |
| Earnings | -$2,016 |
| Net Contributions | $3,348 |
| Ending Balance | $178,375 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Quarter Horse Foundation Amarillo, TX | $55,629,992 | $10,207,554 |
The International Cat Association Inc Harlingen, TX | $2,234,918 | $2,919,783 |
Horseshoe Bay Property Owners Association Inc Horseshoe Bay, TX | $3,354,782 | $1,910,719 |
Louisiana Wildlife Agents Association Inc Houma, LA | $333,907 | $677,129 |
International Pet And Animal Transportation Association Hawkins, TX | $881,006 | $910,280 |
Exotic Wildlife Association Kerrville, TX | $1,728,173 | $630,124 |
Louisana Veterinary Medical Baton Rouge, LA | $837,375 | $401,035 |
International Veterinary Acupuncture Society Inc Portland, TX | $993,426 | $204,914 |
National Shellfisheries Association Corpus Christi, TX | $560,816 | $208,030 |
Bear Branch Trail Association Kingwood, TX | $1,241,158 | $323,196 |
Texas Greyhound Association Inc Lorena, TX | $3,184,999 | $806,773 |
Crockett County Deerfest Association Ozona, TX | $270,926 | $192,691 |