Civic Intelligence

International Veterinary Acupuncture Society Inc.

990 • Fiscal year 2019 • EIN 51-0190918

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 13, 2019

PO Box 271458Fort Collins, CO 80527

(970) 266-0666

Siviq Scores

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

Liabilities / Assets

68th percentile

0.24x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.42x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

43rd percentile

0.9%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

61st percentile

$84,864

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

53rd percentile

3.9%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-8.5%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,015,321

Up $37,858 (+3.9%) from 2018

Net Assets

Up

$769,753

Up $6,082 (+0.8%) from 2018

Liabilities

Up

$245,568

Up $31,776 (+15%) from 2018

Revenue

Down

$582,859

Down $54,126 (-8.5%) from 2018

Expenses

Up

$577,381

Up $19,481 (+3.5%) from 2018

Net Income

Down

$5,478

Down $73,607 (-93%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,297,755Liabilities 2012: $426,012Net Assets 2012: $871,7432012Assets 2013: $965,263Liabilities 2013: $263,693Net Assets 2013: $701,5702013Assets 2014: $958,681Liabilities 2014: $231,724Net Assets 2014: $726,9572014Assets 2015: $1,060,184Liabilities 2015: $247,774Net Assets 2015: $812,4102015Assets 2016: $962,432Liabilities 2016: $240,440Net Assets 2016: $721,9922016Assets 2017: $965,816Liabilities 2017: $281,230Net Assets 2017: $684,5862017Assets 2018: $977,463Liabilities 2018: $213,792Net Assets 2018: $763,6712018Assets 2019: $1,015,321Liabilities 2019: $245,568Net Assets 2019: $769,7532019Assets 2020: $996,821Liabilities 2020: $151,221Net Assets 2020: $845,6002020Assets 2021: $993,426Liabilities 2021: $213,164Net Assets 2021: $780,2622021Assets 2022: $1,013,378Liabilities 2022: $183,001Net Assets 2022: $830,3772022Assets 2023: $986,538Liabilities 2023: $178,673Net Assets 2023: $807,8652023Assets 2024: $903,835Liabilities 2024: $245,174Net Assets 2024: $658,6612024Assets 2025: $706,016Liabilities 2025: $134,124Net Assets 2025: $571,8922025

Highlighted filing

2019

Assets$1,015,321
Liabilities$245,568
Net Assets$769,753

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $868,7012012Expenses 2013: $1,052,5052013Revenue 2014: $553,551Expenses 2014: $540,302Net Income 2014: $13,2492014Revenue 2015: $842,670Expenses 2015: $747,011Net Income 2015: $95,6592015Revenue 2016: $627,655Expenses 2016: $711,953Net Income 2016: -$84,2982016Revenue 2017: $312,577Expenses 2017: $349,983Net Income 2017: -$37,4062017Revenue 2018: $636,985Expenses 2018: $557,900Net Income 2018: $79,0852018Revenue 2019: $582,859Expenses 2019: $577,381Net Income 2019: $5,4782019Revenue 2020: $783,482Expenses 2020: $693,747Net Income 2020: $89,7352020Revenue 2021: $204,914Expenses 2021: $295,099Net Income 2021: -$90,1852021Revenue 2022: $623,093Expenses 2022: $558,055Net Income 2022: $65,0382022Revenue 2023: $510,986Expenses 2023: $533,786Net Income 2023: -$22,8002023Revenue 2024: $457,655Expenses 2024: $595,251Net Income 2024: -$137,5962024Revenue 2025: $517,424Expenses 2025: $633,226Net Income 2025: -$115,8022025

Highlighted filing

2019

Revenue$582,859
Expenses$577,381
Net Income$5,478
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 13, 2019
Return Version
2018v3.2
Gross Receipts
$582,859
Mission and Program Overview

Mission

To provide, promote, and support veterinary acupuncture and related treatment modalities through quality basic, advanced and continuing education; internationally recognized certification for veterinarians; and support reasonable research.

International veterinary acupuncture society is dedicated to promoting excellence in the practice of veterinary acupuncture as an integrative part of veterinary medicine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$400,000$400,000→ $0
Savings and Temporary Cash Investments$375,208$356,505▼ $18,703
Investments in Publicly Traded Securities$113,616$120,267▲ $6,651
Cash and Non-Interest-Bearing Accounts$55,765$111,132▲ $55,367
Prepaid Expenses and Deferred Charges$30,800$27,287▼ $3,513
Land, Buildings, and Equipment, Net$516$130▼ $386
Total Assets$977,463$1,015,321▲ $37,858
Other Assets Total$1,558--
Liabilities
Deferred Revenue$195,281$232,537▲ $37,256
Accounts Payable and Accrued Expenses$18,511$13,031▼ $5,480
Total Liabilities$213,792$245,568▲ $31,776
Net Assets / Fund Balance
Unrestricted Net Assets$745,358$744,895▼ $463
Temporarily Rstr Net Assets$18,313$24,858▲ $6,545
Total Net Assets Fund Balance$763,671$769,753▲ $6,082
Total Liabilities and Net Assets / Fund Balance$977,463$1,015,321▲ $37,858

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$130$22,317$22,447
Other Securities$400,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$173,793$1,100▲ $3,090-$174,893
2017$182,791---$173,793
2016$181,633$10▲ $1,148-$182,791
2015$182,367$600▲ $152-$181,633
2014$181,927$260▲ $180-$182,367
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deborah PrevratilExecutive DiFT$75,796$9,068$84,864

Board Members and Trustees

NameTitle
Kim SamuelsenPresident
Delores T CraigPresident-el
Birgitte LangvadDirector
Carol GiffordDirector
Jean Gf JoaquimDirector
Katja GortsDirector
Kristine ElbaekDirector
Linda BoggieDirector
Marion MuchaDirector
Michelle C SchraederDirector
Dorte DoringHouse of Del
Uwe PetermannPast Preside
Pamela DragosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,645
Program Service Revenue
$560,504
Investment Income
$14,710
Other Revenue
$0
All Other Contributions
$7,645
Change in Net Assets
$5,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$378,383
Salaries, Compensation, and Employee Benefits$198,998
Total Fundraising Expense$2,060
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$118,040--$118,040
Other Salaries and Wages$80,456--$80,456
Travel$78,551--$78,551
Current Officers, Directors, Trustees, and Key Employees$53,977$22,142$1,582$77,701
Other Employee Benefits$24,127$3,974$284$28,385
Other Expenses$19,612$15,555-$15,555
Occupancy$12,125$1,347-$13,472
Payroll Taxes$10,587$1,744$125$12,456
Office Expenses$7,843$4,413-$12,256
Advertising$7,544--$7,544
Information Technology$5,887$970$69$6,926
Insurance$5,101$567-$5,668
Fees for Services Accounting-$3,900-$3,900
All Other Expenses$2,733$871-$3,604
Depreciation Depletion$348$38-$386
Total Functional Expenses$519,800$55,521$2,060$577,381
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, Page 6, Part VI, Line 6

The organization is managed by an executive committee comprised of the president, president-elect, past president, treasurer, executive director, and the president of the house of delegates. The executive director is a non-voting member of the committee. The executive committee is responsible for and executes all business for and on behlaf of the organization. Certified members: certified members shall be currently licensed veterinary graduates of colleges and schools of veterinary medicine who are in good standing with their regulatory authority, and have completed all ivas requirements for certified membership. Associate members: associate members shall be currently licensed veterinary graduates of colleges and schools of veterinary medicine who are in good standing with their regulatory authority, but have not successfully completed all ivas requirements for certified membership. Honor roll members: honor roll members shall maintain all privileges in accordance with their original category of membership, but will be excused from paying dues, and will be recognized as having permanent membership in ivas. Student members: student members currently enrolled in a college or school of veterinary medicine are eligible for student membership in ivas. Allied members: allied members shall include all other categories of members as described or determined and approved by the board of directors.

Form 990, Page 6, Part VI, Line 7A

Members if the organization, other than student members, may elect members of the governing body.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the treasurer and signed by the executive director.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy covers all officers, directors, committee members, and employees of the organization in connection with any actual or possible conflicts of interest. All covered individuals are required to annually disclose the existence and nature of the conflict to the board of directors. After exercising due diligence, the board of directors shall determine whether an actual conflict exists and whether they can obtain a more adventageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. Individuals who are determined to have an actual or potential conflict of interest shall refrain from deliberation and voting on the matter.

Form 990, Page 6, Part VI, Line 15A

Compensation of the organization's top management officials is determined by the board of directors.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made to the public upon request.

Filing and Contact Details

Filer

Filer Name
International Veterinary
EIN
51-0190918
Phone
9702660666
Address
PO BOX 271458, FORT COLLINS, CO 80527

Signing Officer

Name
Deborah Prevratil
Title
Executive Director
Phone
9702660666
Signed
2019-12-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Prevratil
Formed
1974
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
13

Preparer

Firm
Altruic Advisors Cpas
Address
4088 WASHTENAW AVE, ANN ARBOR, MI 48108
Preparer
Kevin T Rickman CPA
Phone
7344763720
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide, promote, and support veterinary acupuncture and related treatment modalities through quality basic, advanced and continuing education; internationally recognized certification for veterinarians; and support reasonable research.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE, PROMOTE, AND SUPPORT VETERINARY ACUPUNCTURE AND RELATED TREATMENT MODALITIES THROUGH QUALITY BASIC, ADVANCED AND CONTINUING EDUCATION; INTERNATIONALLY RECOGNIZED CERTIFICATION FOR VETERINARIANS; AND SUPPORT REASONABLE RESEARCH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS MANAGED BY AN EXECUTIVE COMMITTEE COMPRISED OF THE PRESIDENT, PRESIDENT-ELECT, PAST PRESIDENT, TREASURER, EXECUTIVE DIRECTOR, AND THE PRESIDENT OF THE HOUSE OF DELEGATES. THE EXECUTIVE DIRECTOR IS A NON-VOTING MEMBER OF THE COMMITTEE. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR AND EXECUTES ALL BUSINESS FOR AND ON BEHLAF OF THE ORGANIZATION. CERTIFIED MEMBERS: CERTIFIED MEMBERS SHALL BE CURRENTLY LICENSED VETERINARY GRADUATES OF COLLEGES AND SCHOOLS OF VETERINARY MEDICINE WHO ARE IN GOOD STANDING WITH THEIR REGULATORY AUTHORITY, AND HAVE COMPLETED ALL IVAS REQUIREMENTS FOR CERTIFIED MEMBERSHIP. ASSOCIATE MEMBERS: ASSOCIATE MEMBERS SHALL BE CURRENTLY LICENSED VETERINARY GRADUATES OF COLLEGES AND SCHOOLS OF VETERINARY MEDICINE WHO ARE IN GOOD STANDING WITH THEIR REGULATORY AUTHORITY, BUT HAVE NOT SUCCESSFULLY COMPLETED ALL IVAS REQUIREMENTS FOR CERTIFIED MEMBERSHIP. HONOR ROLL MEMBERS: HONOR ROLL MEMBERS SHALL MAINTAIN ALL PRIVILEGES IN ACCORDANCE WITH THEIR ORIGINAL CATEGORY OF MEMBERSHIP, BUT WILL BE EXCUSED FROM PAYING DUES, AND WILL BE RECOGNIZED AS HAVING PERMANENT MEMBERSHIP IN IVAS. STUDENT MEMBERS: STUDENT MEMBERS CURRENTLY ENROLLED IN A COLLEGE OR SCHOOL OF VETERINARY MEDICINE ARE ELIGIBLE FOR STUDENT MEMBERSHIP IN IVAS. ALLIED MEMBERS: ALLIED MEMBERS SHALL INCLUDE ALL OTHER CATEGORIES OF MEMBERS AS DESCRIBED OR DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS IF THE ORGANIZATION, OTHER THAN STUDENT MEMBERS, MAY ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE TREASURER AND SIGNED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, COMMITTEE MEMBERS, AND EMPLOYEES OF THE ORGANIZATION IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. ALL COVERED INDIVIDUALS ARE REQUIRED TO ANNUALLY DISCLOSE THE EXISTENCE AND NATURE OF THE CONFLICT TO THE BOARD OF DIRECTORS. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER AN ACTUAL CONFLICT EXISTS AND WHETHER THEY CAN OBTAIN A MORE ADVENTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. INDIVIDUALS WHO ARE DETERMINED TO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHALL REFRAIN FROM DELIBERATION AND VOTING ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS IS DETERMINED BY THE BOARD OF DIRECTORS.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.71$0.13$0.57$0.52$0.63$0.12
2024Detailed filing. Detailed filing data is available for this year.$0.90$0.25$0.66$0.46$0.60$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.18$0.81$0.51$0.53$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.18$0.83$0.62$0.56$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.21$0.78$0.20$0.30$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.00$0.15$0.85$0.78$0.69$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.25$0.77$0.58$0.58$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.98$0.21$0.76$0.64$0.56$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.28$0.68$0.31$0.35$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.96$0.24$0.72$0.63$0.71$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.06$0.25$0.81$0.84$0.75$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.23$0.73$0.55$0.54$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.26$0.70$1.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.43$0.87$0.87