Civic Intelligence

Foundation for Veterinary Dentistry

990 • Fiscal year 2017 • EIN 20-3032950

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 06, 2018

1404 N Main StMeridian, ID 83642

(208) 367-0071

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.02x

Higher debt load relative to revenue than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

58th percentile

6.0%

Higher net margin than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

61st percentile

7.0%

Faster asset growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

7.2%

Faster revenue growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,159,791

Up $75,412 (+7.0%) from 2016

Net Assets

Up

$1,140,256

Up $56,886 (+5.3%) from 2016

Liabilities

Up

$19,535

Up $18,526 (+1836%) from 2016

Revenue

Up

$953,503

Up $63,711 (+7.2%) from 2016

Expenses

Up

$896,267

Up $172,646 (+24%) from 2016

Net Income

Down

$57,236

Down $108,935 (-66%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2016: $1,084,379Liabilities 2016: $1,009Net Assets 2016: $1,083,3702016Assets 2017: $1,159,791Liabilities 2017: $19,535Net Assets 2017: $1,140,2562017Assets 2018: $1,291,249Liabilities 2018: $23,793Net Assets 2018: $1,267,4562018Assets 2019: $1,544,081Liabilities 2019: $25,851Net Assets 2019: $1,518,2302019Assets 2020: $1,665,640Liabilities 2020: $72,040Net Assets 2020: $1,593,6002020Assets 2021: $1,814,792Liabilities 2021: $65,224Net Assets 2021: $1,749,5682021Assets 2022: $1,916,071Liabilities 2022: $82,017Net Assets 2022: $1,834,0542022Assets 2023: $2,714,118Liabilities 2023: $224,490Net Assets 2023: $2,489,6282023Assets 2024: $2,351,853Liabilities 2024: $53,097Net Assets 2024: $2,298,7562024

Highlighted filing

2017

Assets$1,159,791
Liabilities$19,535
Net Assets$1,140,256

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0Revenue 2016: $889,792Expenses 2016: $723,621Net Income 2016: $166,1712016Revenue 2017: $953,503Expenses 2017: $896,267Net Income 2017: $57,2362017Revenue 2018: $1,078,877Expenses 2018: $919,863Net Income 2018: $159,0142018Revenue 2019: $1,182,387Expenses 2019: $979,305Net Income 2019: $203,0822019Revenue 2020: $448,264Expenses 2020: $448,216Net Income 2020: $482020Revenue 2021: $1,004,541Expenses 2021: $881,084Net Income 2021: $123,4572021Revenue 2022: $1,258,935Expenses 2022: $1,010,348Net Income 2022: $248,5872022Revenue 2023: $1,437,763Expenses 2023: $1,320,709Net Income 2023: $117,0542023Revenue 2024: $1,498,197Expenses 2024: $1,302,136Net Income 2024: $196,0612024

Highlighted filing

2017

Revenue$953,503
Expenses$896,267
Net Income$57,236
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.2
Gross Receipts
$953,503
Mission and Program Overview

Mission

To promote education and excellence in veterinary dentistry through education, training, support of scientific research, advocacy and service to the public and to make charitable distributions to support such purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$766,854$804,931▲ $38,077
Investments in Publicly Traded Securities$232,580$239,132▲ $6,552
Prepaid Expenses and Deferred Charges$11,000$6,000▼ $5,000
Accounts Receivable-$1,920-
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,084,379$1,159,791▲ $75,412
Other Assets Total$73,945$107,808▲ $33,863
Liabilities
Accounts Payable and Accrued Expenses$349$10,945▲ $10,596
Deferred Revenue$660$8,590▲ $7,930
Total Liabilities$1,009$19,535▲ $18,526
Net Assets / Fund Balance
Unrestricted Net Assets$959,425$1,007,449▲ $48,024
Permanently Rstr Net Assets$123,945$132,807▲ $8,862
Total Net Assets Fund Balance$1,083,370$1,140,256▲ $56,886
Total Liabilities and Net Assets / Fund Balance$1,084,379$1,159,791▲ $75,412

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$73,945-▲ $10,108-$82,807
2016$69,557-▲ $5,519-$73,945
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
MatrixAMC IncManagement & Admin1404 N MAIN ST, Meridian, ID 83642$158,281
Revenue and Support

Revenue Composition

Contributions and Grants
$32,235
Program Service Revenue
$858,221
Investment Income
$7,377
Other Revenue
$55,670
All Other Contributions
$32,235
Change in Net Assets
$57,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$867,530
Grants and Similar Amounts Paid$28,737
Total Fundraising Expense$4,545
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$521,173--$521,173
Fees for Services Management$90,900$61,275$4,545$156,720
Fees for Services Other$76,873--$76,873
Grants to Domestic Individuals$18,737--$18,737
Grants to Domestic Orgs$10,000--$10,000
Fees for Services Accounting-$5,911-$5,911
Other Expenses$3,186$294-$3,186
Office Expenses$118$2,035-$2,153
All Other Expenses$1,758$20-$1,778
Information Technology$354$1,417-$1,771
Fees for Service Investment Mgmnt Fees-$1,246-$1,246
Fees for Services Legal-$295-$295
Advertising$200--$200
Total Functional Expenses$819,229$72,493$4,545$896,267
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Veterinary Dental Serv LLCBoxborough, MA-Research$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-EXDIR OWN35%Mgmt, Svcs, Etc.No$158,281

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Executive Director receives 990 and reviews with treasurer.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Members are required to disclose conflicts. Disclosure forms are kept on file for posterity.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board of Directors evaluates and reviews the contract for the management company which includes the services of the executive director including review of comparability data and substantiation of the deliberation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Foundation for Veterinary Dentistry
EIN
20-3032950
Phone
2083670071
Address
1404 N MAIN ST, MERIDIAN, ID 83642

Signing Officer

Name
Chris Daniel
Title
Executive Director
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Jan Bellows
Formed
2007
Legal Domicile
Tn
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
52

Preparer

Firm
Crandall-Swenson PLLC
Address
1110 N Five Mile Rd, Boise, ID 83713
Preparer
Wendy K Clausen CPA
Phone
2083237655
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Scholarships and grants advancing veterinary dentistry

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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