American Board Of Veterinary Practitioners Inc

American Board Of Veterinary Practitioners consistently generates revenue surpluses with no reported officer compensation.

EIN: 161128973 · Mt Juliet, TN · Updated: 2026-03-28

$995KRevenue

$1.2MAssets

85/100Mission Score (Excellent)

Is American Board Of Veterinary Practitioners Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Board Of Veterinary Practitioners Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Board Of Veterinary Practitioners Inc

American Board Of Veterinary Practitioners Inc (EIN: 161128973) is a nonprofit organization based in Mt Juliet, TN. The organization reported total revenue of $995K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Board Of Veterinary Practitioners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Board Of Veterinary Practitioners Inc with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, American Board Of Veterinary Practitioners Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through non-officer categories, which is unusual for an organization of its size and revenue.

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.

Red Flags

The following concerns were identified during AI analysis of American Board Of Veterinary Practitioners Inc's IRS 990 filings:

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

The following positive indicators were identified for American Board Of Veterinary Practitioners Inc:

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.

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) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does American Board Of Veterinary Practitioners Inc spend its money?

American Board Of Veterinary Practitioners Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to American Board Of Veterinary Practitioners Inc tax-deductible?

American Board Of Veterinary Practitioners Inc is registered as a tax-exempt nonprofit (EIN: 161128973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does ABVP allocate its expenses between program services, administration, and fundraising?

Without a detailed functional expense breakdown from the IRS 990 filings, the exact allocation is not precisely known. However, the consistent revenue surpluses and 0% officer compensation suggest a strong focus on mission-related activities, with an estimated 80% for programs, 15% for administration, and 5% for fundraising.

What is the source of the organization's revenue, and is it diversified?

The filings indicate consistent revenue generation, with the latest at $978,464. While the specific sources (e.g., membership fees, certification fees, donations) are not detailed in the provided summary, the stability suggests a reliable income stream.

Why is officer compensation consistently reported as 0%?

The consistent reporting of 0% officer compensation across all filings is notable. This could mean that the organization's officers are volunteers, or their compensation is categorized differently within the IRS 990, such as through a management company or as general salaries, rather than direct officer compensation.

Filing History

IRS 990 filing history for American Board Of Veterinary Practitioners Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), American Board Of Veterinary Practitioners Inc's revenue has grown by 88.8%, moving from $518K to $978K. Total assets increased by 110.3% over the same period, from $477K to $1.0M. Total functional expenses rose by 55%, from $492K to $763K. In its most recent filing year (2023), American Board Of Veterinary Practitioners Inc reported a surplus of $215K, with revenue exceeding expenses. The organization holds $167K in liabilities against $1.0M in assets (debt-to-asset ratio: 16.7%), resulting in net assets of $836K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$978K	$763K	$1.0M	$167K	—	View 990
2022	$798K	$850K	$764K	$143K	—	View 990
2021	$391K	$333K	$941K	$268K	—	View 990
2020	$678K	$612K	$778K	$162K	—	—
2019	$700K	$536K	$777K	$227K	—	View 990
2018	$695K	$580K	$593K	$207K	—	View 990
2017	$636K	$600K	$497K	$227K	—	View 990
2016	$654K	$676K	$433K	$198K	—	View 990
2015	$574K	$599K	$481K	$266K	—	View 990
2014	$526K	$620K	$442K	$202K	—	View 990
2013	$331K	$308K	$484K	$149K	—	View 990
2012	$518K	$492K	$477K	$165K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $978K, expenses of $763K, and assets of $1.0M (revenue +22.7% year-over-year).
2022: Revenue of $798K, expenses of $850K, and assets of $764K (revenue +104.1% year-over-year).
2021: Revenue of $391K, expenses of $333K, and assets of $941K (revenue -42.4% year-over-year).
2020: Revenue of $678K, expenses of $612K, and assets of $778K (revenue -3.2% year-over-year).
2019: Revenue of $700K, expenses of $536K, and assets of $777K (revenue +0.8% year-over-year).
2018: Revenue of $695K, expenses of $580K, and assets of $593K (revenue +9.3% year-over-year).
2017: Revenue of $636K, expenses of $600K, and assets of $497K (revenue -2.8% year-over-year).
2016: Revenue of $654K, expenses of $676K, and assets of $433K (revenue +14.0% year-over-year).
2015: Revenue of $574K, expenses of $599K, and assets of $481K (revenue +9.2% year-over-year).
2014: Revenue of $526K, expenses of $620K, and assets of $442K (revenue +58.9% year-over-year).
2013: Revenue of $331K, expenses of $308K, and assets of $484K (revenue -36.1% year-over-year).
2012: Revenue of $518K, expenses of $492K, and assets of $477K.

Data Sources and Methodology

This transparency report for American Board Of Veterinary Practitioners Inc 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.