Veterinary Hospital Managers Association Inc
Veterinary Hospital Managers Association Inc: Steady Growth, Strong Financials
EIN: 222549927 · Alachua, FL · Updated: 2026-04-04
About Veterinary Hospital Managers Association Inc
Veterinary Hospital Managers Association Inc (EIN: 222549927) is a nonprofit organization based in Alachua, FL. The organization reported total revenue of $2.4M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterinary Hospital Managers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Veterinary Hospital Managers Association 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: 75%
- fundraising: 10%
According to IRS 990 filings, Veterinary Hospital Managers Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Veterinary Hospital Managers Association Inc:
- Consistent revenue growth from $1,071,538 in 2016 to $2,443,793 in 2023 demonstrates strong financial health and increasing reach.
- Healthy asset growth from $995,224 in 2016 to $2,924,825 in 2023, indicating effective asset management and reinvestment.
- Low liability-to-asset ratio, with liabilities of $951,148 against assets of $2,924,825 in 2023, suggesting financial stability.
Frequently Asked Questions about Veterinary Hospital Managers Association Inc
What does Veterinary Hospital Managers Association Inc do?
Veterinary Hospital Managers Association Inc is a nonprofit organization in the Unknown sector, located in Alachua, Florida. It is classified under NTEE code Unknown.
How much revenue does Veterinary Hospital Managers Association Inc have?
Veterinary Hospital Managers Association Inc reported total revenue of $2,443,793. Based on 13 IRS 990 filings on record.
What are Veterinary Hospital Managers Association Inc's total assets?
Veterinary Hospital Managers Association Inc holds total assets of $2,924,825 as reported in IRS 990 filings.
Where is Veterinary Hospital Managers Association Inc located?
Veterinary Hospital Managers Association Inc is based in Alachua, Florida.
What is Veterinary Hospital Managers Association Inc's EIN?
Veterinary Hospital Managers Association Inc's Employer Identification Number (EIN) is 222549927. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Veterinary Hospital Managers Association Inc?
Veterinary Hospital Managers Association Inc is classified under NTEE code Unknown (Unknown).
Is Veterinary Hospital Managers Association Inc a registered 501(c)(3)?
Veterinary Hospital Managers Association Inc appears in IRS records (EIN: 222549927). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Veterinary Hospital Managers Association Inc file IRS Form 990?
Yes, Veterinary Hospital Managers Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Veterinary Hospital Managers Association Inc's revenue in 2023?
In the 202312 filing period, Veterinary Hospital Managers Association Inc reported total revenue of $2,224,631, total expenses of $2,319,629, and net assets of $2,691,397.
Is Veterinary Hospital Managers Association Inc's revenue growing or declining?
Veterinary Hospital Managers Association Inc's revenue is growing. Revenue went from $2,060,143 (202212) to $2,224,631 (202312), a +8.0% change. Based on 13 filings on record.
What is Veterinary Hospital Managers Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Veterinary Hospital Managers Association Inc covers tax period 202312. It shows revenue of $2,224,631, expenses of $2,319,629, total assets of $2,691,397, and liabilities of $951,148.
How much does Veterinary Hospital Managers Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Veterinary Hospital Managers Association Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Veterinary Hospital Managers Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Veterinary Hospital Managers Association Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Veterinary Hospital Managers Association Inc's strengths?
Positive indicators for Veterinary Hospital Managers Association Inc include: Consistent revenue growth from $1,071,538 in 2016 to $2,443,793 in 2023 demonstrates strong financial health and increasing reach.. Healthy asset growth from $995,224 in 2016 to $2,924,825 in 2023, indicating effective asset management and reinvestment.. Low liability-to-asset ratio, with liabilities of $951,148 against assets of $2,924,825 in 2023, suggesting financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Veterinary Hospital Managers Association Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization's consistent growth in revenue and assets translate into expanded program offerings or member benefits?
While the data shows strong financial growth, specific details on how this growth directly impacts program expansion or new member benefits are not provided. Further investigation into program reports would be needed.
Filing History
IRS 990 filing history for Veterinary Hospital Managers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Veterinary Hospital Managers Association Inc's revenue has grown by 246.3%, moving from $642K to $2.2M. Total assets increased by 297% over the same period, from $678K to $2.7M. Total functional expenses rose by 305.9%, from $572K to $2.3M. In its most recent filing year (2023), Veterinary Hospital Managers Association Inc reported a deficit of $95K, with expenses exceeding revenue. The organization holds $951K in liabilities against $2.7M in assets (debt-to-asset ratio: 35.3%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.3M | $2.7M | $951K | — | View 990 |
| 2022 | $2.1M | $1.8M | $2.8M | $928K | — | View 990 |
| 2021 | $1.8M | $1.7M | $2.5M | $826K | — | View 990 |
| 2020 | $1.6M | $1.2M | $2.2M | $647K | — | View 990 |
| 2019 | $1.5M | $1.5M | $1.8M | $623K | — | View 990 |
| 2018 | $1.4M | $1.2M | $1.6M | $525K | — | View 990 |
| 2017 | $1.3M | $1.2M | $1.4M | $520K | — | View 990 |
| 2016 | $1.1M | $985K | $995K | $192K | — | View 990 |
| 2015 | $943K | $839K | $922K | $206K | — | View 990 |
| 2014 | $713K | $618K | $834K | $221K | — | View 990 |
| 2013 | $664K | $664K | $747K | $230K | — | View 990 |
| 2012 | $639K | $591K | $671K | $154K | — | View 990 |
| 2011 | $642K | $572K | $678K | $209K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.3M, and assets of $2.7M (revenue +8.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.8M, and assets of $2.8M (revenue +11.5% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.7M, and assets of $2.5M (revenue +18.2% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.2M, and assets of $2.2M (revenue +0.8% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $1.8M (revenue +11.6% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $1.6M (revenue +8.0% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $1.4M (revenue +20.0% year-over-year).
- 2016: Revenue of $1.1M, expenses of $985K, and assets of $995K (revenue +13.7% year-over-year).
- 2015: Revenue of $943K, expenses of $839K, and assets of $922K (revenue +32.1% year-over-year).
- 2014: Revenue of $713K, expenses of $618K, and assets of $834K (revenue +7.5% year-over-year).
- 2013: Revenue of $664K, expenses of $664K, and assets of $747K (revenue +3.9% year-over-year).
- 2012: Revenue of $639K, expenses of $591K, and assets of $671K (revenue -0.5% year-over-year).
- 2011: Revenue of $642K, expenses of $572K, and assets of $678K.
Data Sources and Methodology
This transparency report for Veterinary Hospital Managers Association 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.