Alabama Veterinary Medical Foundation
Alabama Veterinary Medical Foundation maintains stable finances with growing assets and no executive compensation.
EIN: 200597730 · Pike Road, AL · NTEE: D40 · Updated: 2026-03-28
Is Alabama Veterinary Medical Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alabama Veterinary Medical Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alabama Veterinary Medical Foundation
Alabama Veterinary Medical Foundation (EIN: 200597730) is a nonprofit organization based in Pike Road, AL, classified under NTEE code D40. The organization reported total revenue of $268K and total assets of $265K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Veterinary Medical Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Veterinary Medical Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $279K |
| Total Expenses | $287K |
| Surplus / Deficit | $-8,001 |
| Total Assets | $353K |
| Net Assets | $353K |
| Operating Margin | -2.9% |
| Months of Reserves | 14.8 months |
Financial Health Grade: B
In 2023, Alabama Veterinary Medical Foundation reported a deficit of $8K with expenses exceeding revenue, holds 14.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Alabama Veterinary Medical Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.2% | +30.2% | -2.2% |
| 2022 | -13.6% | +14.4% | -1.2% |
| 2021 | -1.0% | -15.8% | +18.4% |
| 2020 | +54.6% | +29.4% | +8.5% |
| 2019 | -20.2% | -11.9% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alabama Veterinary Medical Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Alabama Veterinary Medical Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, including the latest 2023 period. This indicates that executive leadership is likely volunteer-based, which is highly favorable for directing more funds towards the organization's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Alabama Veterinary Medical Foundation:
- Consistent asset growth, from $162,596 in 2014 to $353,143 in 2023.
- Zero liabilities reported in most recent filings, including 2023, indicating strong financial health.
- 0% officer compensation, suggesting volunteer leadership and efficient use of funds.
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency and compliance.
- Stable revenue base, with latest revenue at $278,663 in 2023.
Frequently Asked Questions about Alabama Veterinary Medical Foundation
Is Alabama Veterinary Medical Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Veterinary Medical Foundation (EIN: 200597730) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Alabama Veterinary Medical Foundation spend its money?
Alabama Veterinary Medical Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alabama Veterinary Medical Foundation tax-deductible?
Alabama Veterinary Medical Foundation is registered as a tax-exempt nonprofit (EIN: 200597730). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Alabama Veterinary Medical Foundation financially stable?
Yes, the foundation appears financially stable. It has consistently grown its assets from $162,596 in 2014 to $353,143 in 2023, and has reported zero liabilities in most recent years, including 2023.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation in all available filings, indicating that its leadership is likely volunteer-based.
Has the organization's revenue been consistent?
Yes, the revenue has been relatively consistent, fluctuating between approximately $160,000 and $280,000 annually over the past decade, with the latest reported revenue at $278,663 in 2023.
What is the trend in the organization's assets?
The organization's assets have shown a positive growth trend, increasing from $162,596 in 2014 to $353,143 in 2023, demonstrating good financial accumulation.
Filing History
IRS 990 filing history for Alabama Veterinary Medical Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alabama Veterinary Medical Foundation's revenue has grown by 75.7%, moving from $159K to $279K. Total assets increased by 127.2% over the same period, from $155K to $353K. Total functional expenses rose by 59.6%, from $180K to $287K. In its most recent filing year (2023), Alabama Veterinary Medical Foundation reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $279K | $287K | $353K | $0 | — | — |
| 2022 | $216K | $220K | $361K | $0 | — | — |
| 2021 | $250K | $192K | $366K | $0 | — | View 990 |
| 2020 | $252K | $229K | $309K | $500 | — | — |
| 2019 | $163K | $177K | $285K | $0 | — | View 990 |
| 2018 | $204K | $200K | $298K | $0 | — | View 990 |
| 2017 | $231K | $174K | $294K | $0 | — | View 990 |
| 2016 | $176K | $113K | $237K | $0 | — | View 990 |
| 2015 | $164K | $153K | $174K | $0 | — | View 990 |
| 2014 | $168K | $180K | $163K | $0 | — | View 990 |
| 2013 | $164K | $155K | $175K | $0 | — | View 990 |
| 2012 | $160K | $149K | $167K | $0 | — | View 990 |
| 2011 | $159K | $180K | $155K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $279K, expenses of $287K, and assets of $353K (revenue +29.2% year-over-year).
- 2022: Revenue of $216K, expenses of $220K, and assets of $361K (revenue -13.6% year-over-year).
- 2021: Revenue of $250K, expenses of $192K, and assets of $366K (revenue -1.0% year-over-year).
- 2020: Revenue of $252K, expenses of $229K, and assets of $309K (revenue +54.6% year-over-year).
- 2019: Revenue of $163K, expenses of $177K, and assets of $285K (revenue -20.2% year-over-year).
- 2018: Revenue of $204K, expenses of $200K, and assets of $298K (revenue -11.5% year-over-year).
- 2017: Revenue of $231K, expenses of $174K, and assets of $294K (revenue +31.3% year-over-year).
- 2016: Revenue of $176K, expenses of $113K, and assets of $237K (revenue +7.4% year-over-year).
- 2015: Revenue of $164K, expenses of $153K, and assets of $174K (revenue -2.2% year-over-year).
- 2014: Revenue of $168K, expenses of $180K, and assets of $163K (revenue +2.5% year-over-year).
- 2013: Revenue of $164K, expenses of $155K, and assets of $175K (revenue +2.0% year-over-year).
- 2012: Revenue of $160K, expenses of $149K, and assets of $167K (revenue +1.0% year-over-year).
- 2011: Revenue of $159K, expenses of $180K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Veterinary Medical Foundation:
Data Sources and Methodology
This transparency report for Alabama Veterinary Medical Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.