Is American Board Of Veterinary Practitioners Inc Legit?
Quick charity verification for American Board Of Veterinary Practitioners Inc (EIN: 161128973)
Verdict: American Board Of Veterinary Practitioners Inc appears trustworthy
85/100Mission Score
$995KRevenue
$1.2MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data, making precise spending efficiency analysis difficult.
Unusual consistent 0% officer compensation, which might obscure how leadership is compensated or structured.
Strengths
Consistent revenue generation and financial surpluses, indicating strong financial management (e.g., $978,464 revenue vs. $763,101 expenses in 202306).
Healthy and growing asset base relative to liabilities ($1,003,108 assets vs. $167,059 liabilities in 202306).
No reported officer compensation, potentially indicating a highly efficient or volunteer-driven leadership structure.
Long history of IRS 990 filings, demonstrating commitment to transparency and compliance.
Spending Breakdown
How American Board Of Veterinary Practitioners Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about American Board Of Veterinary Practitioners Inc
Is American Board Of Veterinary Practitioners Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Board Of Veterinary Practitioners Inc (EIN: 161128973) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is American Board Of Veterinary Practitioners Inc a good charity to donate to?
American Board Of Veterinary Practitioners Inc has a Mission Score of 85/100. Revenue: $995K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Board Of Veterinary Practitioners Inc?
The Employer Identification Number (EIN) for American Board Of Veterinary Practitioners Inc is 161128973. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does American Board Of Veterinary Practitioners Inc spend its money?
American Board Of Veterinary Practitioners Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Board Of Veterinary Practitioners Inc's tax-exempt status?
You can verify American Board Of Veterinary Practitioners Inc's tax-exempt status using EIN 161128973 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The American Board Of Veterinary Practitioners Inc (ABVP) demonstrates a generally stable financial position with consistent revenue generation over the past decade. In the most recent filing (202306), the organization reported revenues of $978,464 against expenses of $763,101, indicating a healthy surplus. This trend of revenue exceeding expenses is largely consistent, with only a few years showing minor deficits (e.g., 202206, 201606, 201506, 201406). The organization's assets have also shown steady growth, reaching $1,003,108 in 202306, which provides a solid financial cushion relative to its liabilities of $167,059.
Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely assess the allocation of funds. However, the consistent surpluses suggest effective management of overall expenses relative to income. A notable aspect of ABVP's financial structure is the reported 0% officer compensation across all available filings, which indicates that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, potentially enhancing the perception of efficiency and mission focus.
In terms of transparency, the consistent filing of IRS Form 990s over 12 periods is a positive indicator. The absence of officer compensation is a significant point for transparency, as it often raises questions in other organizations. However, a more detailed breakdown of expenses would further enhance transparency, allowing for a clearer understanding of how funds are allocated to programs versus overhead.