Kentucky Veterinary Medical Association Foundation Inc is located in Frankfort, KY. The organization was established in 1989. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Veterinary Medical Association Foundation 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 12/2023, Kentucky Veterinary Medical Association Foundation Inc generated $44.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $60.9k during the year ending 12/2023. While expenses have increased by 8.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RECEIVE CONTRIBUTIONS TO ASSIST IN FUNDING A LARGE ANIMAL CENTER AND PROVIDE ASSISTANCE AND SCHOLARSHIPS TO VETERINARY STUDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Smith DVM President | 0 | $0 | |
Mike Crowley DVM Vice President | 0 | $0 | |
Aaron Goodpaster DVM Secretary/treas | 0 | $0 | |
Stuart Brown DVM Director | 0 | $0 | |
Teresa Wills DVM Director | 0 | $0 | |
Debbie Spike-Pierce DVM Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,305 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $22,560 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,676 |
| Other Revenue | $0 |
| Total Revenue | $44,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,265 |
| Occupancy, rent, utilities, and maintenance | $18,154 |
| Printing, publications, postage, and shipping | $1,900 |
| Other expenses | $6,290 |
| Total expenses | $60,903 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,843 |
| Other assets | $0 |
| Total assets | $173,755 |
| Total liabilities | $0 |
| Net assets or fund balances | $173,755 |