Civic Intelligence

World Vets

EIN 20-4637447 • 501(c)3 • Gig Harbor, WA

Profile

Improve the quality of life of animals, people, and the communities in which they live by providing veterinary services, education, and training in developing countries worldwide, and responding

9711 18th Ave NWGig Harbor, WA 98332

www.worldvets.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

28%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$257,440

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 15.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

88th percentile

40%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

82%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$1,704,647

Up $486,561 (+40%) from 2023

Liabilities

Up

$13,404

Up $10,468 (+357%) from 2023

Net Assets

Up

$1,691,243

Up $476,093 (+39%) from 2023

Operations
Liabilities / Revenue28th percentileNet Margin79th percentile

Revenue

Up

$1,675,148

Up $753,154 (+82%) from 2023

Expenses

Up

$1,199,055

Up $267,979 (+29%) from 2023

Net Income

Up

$476,093

Up $485,175 (+5342%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $147,092Liabilities 2010: $0Net Assets 2010: $147,0922010Assets 2011: $768,534Liabilities 2011: $6,627Net Assets 2011: $761,9072011Assets 2012: $836,048Liabilities 2012: $6,004Net Assets 2012: $830,0442012Assets 2013: $1,117,139Liabilities 2013: -$2,464Net Assets 2013: $1,119,6032013Assets 2014: $1,107,901Liabilities 2014: -$5,884Net Assets 2014: $1,113,7852014Assets 2015: $1,166,561Liabilities 2015: $6,304Net Assets 2015: $1,160,2572015Assets 2016: $1,124,969Liabilities 2016: $5,194Net Assets 2016: $1,119,7752016Assets 2017: $1,212,002Liabilities 2017: $16,528Net Assets 2017: $1,195,4742017Assets 2018: $938,328Liabilities 2018: $7,695Net Assets 2018: $930,6332018Assets 2019: $1,019,480Liabilities 2019: $29,666Net Assets 2019: $989,8142019Assets 2020: $987,890Liabilities 2020: $20Net Assets 2020: $987,8702020Assets 2021: $1,079,319Liabilities 2021: $538Net Assets 2021: $1,078,7812021Assets 2022: $1,224,613Liabilities 2022: $381Net Assets 2022: $1,224,2322022Assets 2023: $1,218,086Liabilities 2023: $2,936Net Assets 2023: $1,215,1502023Assets 2024: $1,704,647Liabilities 2024: $13,404Net Assets 2024: $1,691,2432024

Highlighted filing

2024

Assets$1,704,647
Liabilities$13,404
Net Assets$1,691,243
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $827,3102010Expenses 2011: $1,420,5422011Revenue 2012: $1,482,049Expenses 2012: $1,413,912Net Income 2012: $68,1372012Revenue 2013: $991,364Expenses 2013: $1,002,959Net Income 2013: -$11,5952013Revenue 2014: $883,754Expenses 2014: $888,215Net Income 2014: -$4,4612014Revenue 2015: $998,165Expenses 2015: $949,791Net Income 2015: $48,3742015Revenue 2016: $972,504Expenses 2016: $998,726Net Income 2016: -$26,2222016Revenue 2017: $945,978Expenses 2017: $1,001,459Net Income 2017: -$55,4812017Revenue 2018: $979,373Expenses 2018: $985,961Net Income 2018: -$6,5882018Revenue 2019: $1,090,834Expenses 2019: $1,031,653Net Income 2019: $59,1812019Revenue 2020: $647,993Expenses 2020: $649,937Net Income 2020: -$1,9442020Revenue 2021: $757,532Expenses 2021: $666,621Net Income 2021: $90,9112021Revenue 2022: $959,316Expenses 2022: $813,865Net Income 2022: $145,4512022Revenue 2023: $921,994Expenses 2023: $931,076Net Income 2023: -$9,0822023Revenue 2024: $1,675,148Expenses 2024: $1,199,055Net Income 2024: $476,0932024

Highlighted filing

2024

Revenue$1,675,148
Expenses$1,199,055
Net Income$476,093
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,704,647
Liabilities
$13,404
Net assets
$1,691,243
Revenue
$1,675,148
Expenses
$1,199,055
Net income
$476,093
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.01$1.69$1.68$1.20$0.48
2023Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.92$0.93$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$0.96$0.81$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.76$0.67$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.00$0.99$0.65$0.65$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.03$0.99$1.09$1.03$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.01$0.93$0.98$0.99$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.02$1.20$0.95$1.00$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.01$1.12$0.97$1.00$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.16$1.00$0.95$0.05
2014Summary only. Only limited summary data is available for this year.$1.11$0.01$1.11$0.88$0.89$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.99$1.00$0.01
2012Summary only. Only limited summary data is available for this year.$0.84$0.01$0.83$1.48$1.41$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.01$0.76$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.83
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$1,677,307
Mission and Program Overview

Mission

To improve the health & well-being of animals through veterinary aid, response, training, research & disaster relief worldwide. We provide services to companion animals, equids, street dogs, wildlife, livestock & marine animals while also working to protect their environments.

To improve the health & well-being of animals through veterinary aid, response, training, research & local capacity building worldwide. We provide services to companion animals, horses, street dogs, livestock and marine animals including wildlife rescue and conservation on the Galapagos Islands and the Salish Sea in the Pacific Northwest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$605,329$1,269,007▲ $663,678
Land, Buildings, and Equipment, Net$346,111$260,293▼ $85,818
Inventories for Sale or Use$120,454$119,500▼ $954
Cash and Non-Interest-Bearing Accounts$131,601$49,706▼ $81,895
Accounts Receivable-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,218,086$1,704,647▲ $486,561
Other Assets Total$14,591$6,141▼ $8,450
Liabilities
Deferred Revenue$2,051$9,776▲ $7,725
Accounts Payable and Accrued Expenses$885$3,628▲ $2,743
Total Liabilities$2,936$13,404▲ $10,468
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,215,150$1,691,243▲ $476,093
Total Net Assets Fund Balance$1,215,150$1,691,243▲ $476,093
Total Liabilities and Net Assets / Fund Balance$1,218,086$1,704,647▲ $486,561

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$260,293$464,141$724,434
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cathy King DVM PHDCEOFT$217,021$40,419$257,440

Board Members and Trustees

NameTitle
Erica Gillum DVMDirector
Heather McCabeDirector
Mushtaq Memon BVSsc MSc PHDDirector
Susan PasemanDirector
Suzanne Coulson DVMDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,365,228
Program Service Revenue
$288,387
Investment Income
$20,754
Other Revenue
$779
All Other Contributions
$1,341,348
Change in Net Assets
$476,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$693,093
Salaries, Compensation, and Employee Benefits$359,184
Grants and Similar Amounts Paid$146,778
Total Fundraising Expense$26,365
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$189,888$20,621$6,511$217,020
Travel$162,915$2,250-$165,165
Foreign Grants$146,778--$146,778
Occupancy$121,729$9,364$2,675$133,768
Depreciation Depletion$85,280$7,580$1,895$94,755
Other Salaries and Wages$56,554$2,725$4,200$63,479
Other Expenses$33,799$15,800$1,000$50,599
Pension Plan Contributions$35,567$3,639$1,213$40,419
Insurance$19,500$13,710-$33,210
Payroll Taxes$22,175$3,100$1,306$26,581
Information Technology$4,600$7,100$4,814$16,514
Fees for Services Accounting$4,200$7,905$1,200$13,305
Other Employee Benefits$10,281$1,053$351$11,685
Office Expenses$3,800$3,555$1,200$8,555
Fees for Service Investment Mgmnt Fees-$2,262-$2,262
Advertising$100$854-$954
Fees for Services Legal-$514-$514
Interest-$484-$484
Total Functional Expenses$1,070,174$102,516$26,365$1,199,055
International Activity

International Summary

Offices
2
Employees
5
Spending
$729,492

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaProgram servicesVeterinary services25$642,492
Cntrl America / CaribbeanProgram servicesVeterinary services00$58,000
AsiaProgram servicesVeterinary services00$29,000
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

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 35% controlled entity
No
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, Section B, Line 11B

“All Board Members receive a copy of the 990 for review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“If a conflict of interest is identified, the directors are responsible for determining the level of conflict and imposing restrictions on the individuals decision making related to the conflict and prohibiting their participation in related deliberations. Disclosure of potential conflicts of interest is discussed at the board of directors meeting, at least annually.”

Form 990, Part VI, Section B, Line 15A

“The board of directors periodically evaluates and determines pay rates for the director and approves pay rates for key employees. Factors taken into consideration include employee responsibilities and workload, comparable data for similar positions by region, profession and level of education and evaluation of performance. At a minimum, an annual cost of living increase is typical.”

Form 990, Part VI, Section C, Line 19

“The annual 990 tax return is available upon request.”

Filing and Contact Details

Filer

Filer Name
World Vets
EIN
20-4637447
Phone
8776888387
Address
9711 18th Ave NW, Gig Harbor, WA 98332

Signing Officer

Name
Cathy King Dvm Phd
Title
CEO
Phone
8776888387
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy King Dvm Phd
Formed
2006
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
525

Preparer

Firm
Acer Tax and Accounting
Address
9 Park Center Ct Ste 300, Owings Mills, MD 21117-5649
Preparer
Christina Yoon CPA
Phone
4105810333
Raw XML AppendixShowing 400 of 547 raw XML fields

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/Desc0Helping animals, people and the places they call home. For nearly 25 years, World Vets has provided veterinary aid programs and support in over 50 countries on 6 continents benefiting hundreds of thousands of animals. Programs include spay/neuter, public health, street dog management through vaccination and sterilization, livestock programs, equine programs helping working horses and donkeys, disaster response, wildlife rescue and marine animal programs (including stranding response, rescue of sick, injured or stranded marine animals in the wild, research, protection & conservation). Each year we carry out numerous free sterilization campaigns for dogs and cats in various countries including a large-scale program in the Imbabura region of Ecuador where we have worked for over 16 years. World Vets operates a full-service, free of charge veterinary clinic for domestic animals in the Galapagos Islands and provides wildlife rescue services 24 hours a day, 7 days a week, 365 days a year on the Galapagos Islands. In 2024 World Vets built the first wildlife rescue hospital on San Cristobal Island, Galapagos which is used to care for and treat a variety of mostly endangered and other endemic species. In addition, we donated to the Galapagos National Park a 4-wheel drive rescue truck and a zodiac rescue boat as well as a large amount of veterinary equipment and supplies that are used in the wildlife rapid response program through World Vets. World Vets provides heath monitoring for wildlife including the annual health exams for Galapagos giant tortoises. We have a strong focus on local capacity building and empower local professional to promote local term sustainability. Through a largely volunteer workforce of highly skilled professionals along with a small, dedicated staff, World Vets can leverage resources for maximum impact and sustainability.
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