Civic Intelligence

Miami Veterinary Foundation Inc

EIN 59-1911775 • 501(c)3 • Miami, FL

Profile

To increase access to veterinary care, promote responsible pet ownership, strengthen the human animal bond and support reduction of pet overpopulation in our community

11622 SW 88 StreetMiami, FL 33176

www.miamivetfoundation.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.09x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

52nd percentile

0.02x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

32nd percentile

-3.7%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

15th percentile

-15%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

50%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$203,890

Down $4,811 (-2.3%) from 2023

Liabilities

Up

$85,932

Up $67,642 (+370%) from 2023

Net Assets

Down

$117,958

Down $72,453 (-38%) from 2023

Revenue

Down

$794,050

Down $74,945 (-8.6%) from 2023

Expenses

Down

$866,503

Down $34,576 (-3.8%) from 2023

Net Income

Down

-$72,453

Down $40,369 (-126%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $71,571Liabilities 2010: $0Net Assets 2010: $71,5712010Assets 2011: $73,225Liabilities 2011: $0Net Assets 2011: $73,2252011Assets 2012: $67,893Liabilities 2012: $0Net Assets 2012: $67,8932012Assets 2013: $93,547Liabilities 2013: $0Net Assets 2013: $93,5472013Assets 2014: $47,130Liabilities 2014: $0Net Assets 2014: $47,1302014Assets 2015: $69,137Liabilities 2015: $0Net Assets 2015: $69,1372015Assets 2016: $170,989Liabilities 2016: $0Net Assets 2016: $170,9892016Assets 2017: $84,651Liabilities 2017: $0Net Assets 2017: $84,6512017Assets 2018: $189,933Liabilities 2018: $0Net Assets 2018: $189,9332018Assets 2019: $155,944Liabilities 2019: $0Net Assets 2019: $155,9442019Assets 2020: $141,037Liabilities 2020: $0Net Assets 2020: $141,0372020Assets 2021: $332,161Liabilities 2021: $1,041Net Assets 2021: $331,1202021Assets 2022: $246,270Liabilities 2022: $23,775Net Assets 2022: $222,4952022Assets 2023: $208,701Liabilities 2023: $18,290Net Assets 2023: $190,4112023Assets 2024: $203,890Liabilities 2024: $85,932Net Assets 2024: $117,9582024

Highlighted filing

2024

Assets$203,890
Liabilities$85,932
Net Assets$117,958

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $18,358Expenses 2010: $23,130Net Income 2010: -$4,7722010Revenue 2011: $18,849Expenses 2011: $18,781Net Income 2011: $682011Revenue 2012: $17,235Expenses 2012: $20,896Net Income 2012: -$3,6612012Revenue 2013: $40,412Expenses 2013: $14,758Net Income 2013: $25,6542013Revenue 2014: $38,815Expenses 2014: $85,232Net Income 2014: -$46,4172014Revenue 2015: $373,498Expenses 2015: $351,491Net Income 2015: $22,0072015Revenue 2016: $428,917Expenses 2016: $327,065Net Income 2016: $101,8522016Revenue 2017: $281,230Expenses 2017: $367,577Net Income 2017: -$86,3472017Revenue 2018: $490,705Expenses 2018: $380,651Net Income 2018: $110,0542018Revenue 2019: $549,874Expenses 2019: $581,189Net Income 2019: -$31,3152019Revenue 2020: $297,134Expenses 2020: $378,417Net Income 2020: -$81,2832020Revenue 2021: $733,434Expenses 2021: $494,790Net Income 2021: $238,6442021Revenue 2022: $578,375Expenses 2022: $664,059Net Income 2022: -$85,6842022Revenue 2023: $868,995Expenses 2023: $901,079Net Income 2023: -$32,0842023Revenue 2024: $794,050Expenses 2024: $866,503Net Income 2024: -$72,4532024

Highlighted filing

2024

Revenue$794,050
Expenses$866,503
Net Income-$72,453

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.04$0.86$1.18$7.94$8.67$0.72
2023Detailed filing. Detailed filing data is available for this year.$2.09$0.18$1.90$8.69$9.01$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.46$0.24$2.22$5.78$6.64$0.86
2021Detailed filing. Detailed filing data is available for this year.$3.32$0.01$3.31$7.33$4.95$2.39
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$2.97$3.78$0.81
2019Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$5.50$5.81$0.31
2018Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$4.91$3.81$1.10
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$2.81$3.68$0.86
2016Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$4.29$3.27$1.02
2015Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$3.73$3.51$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.39$0.85$0.46
2013Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.40$0.15$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.00$0.68$0.17$0.21$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$0.19$0.19$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.18$0.23$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 28, 2025
Return Version
2024v5.0
Gross Receipts
$798,228
Mission and Program Overview

Mission

To increase access to veterinary care, promote responsible pet ownership, strengthen the human animal bond and support reduction of pet overpopulation in our community

To increase access to veterinary care, promote responsible pet ownership, strengthen the human animal bond and support. Reduction of pet overpopulation in our community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$208,701$199,654▼ $9,047
Rtn Earn Endowment Incm Other Fnds$190,411$117,958▼ $72,453
Prepaid Expenses and Deferred Charges-$4,236-
Total Assets$208,701$203,890▼ $4,811
Liabilities
Other Liabilities-$85,932-
Accounts Payable and Accrued Expenses$18,290--
Total Liabilities$18,290$85,932▲ $67,642
Net Assets / Fund Balance
Total Net Assets Fund Balance$190,411$117,958▼ $72,453
Total Liabilities and Net Assets / Fund Balance$208,701$203,890▼ $4,811
Compensation and Service Providers

Board Members and Trustees

NameTitle
Irving Lerner DvmPresident
Claudia Valderrama DvmSecrertary
Suzzane HubbardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$798,206
Program Service Revenue
$0
Investment Income
$22
Other Revenue
$-4,178
All Other Contributions
$348,114
Change in Net Assets
$-72,453

Audited Revenue Reconciliation

Revenue per Audited Statements
$794,050
Total Revenue per Audited Statements
$794,050
Total Revenue per Form 990
$794,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$806,020
Salaries, Compensation, and Employee Benefits$60,483
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$138,895$1,742-$140,637
Other Salaries and Wages$53,050--$53,050
Fees for Services Management-$47,917-$47,917
Other Expenses$42,309--$42,309
Information Technology-$33,708-$33,708
Office Expenses$3,396$9,432-$12,828
Insurance$7,744$4,133-$11,877
Payroll Taxes$4,093$3,340-$7,433
Fees for Services Other$1,500$1,000-$2,500
Fees for Services Accounting-$1,950-$1,950
Total Functional Expenses$763,281$103,222$0$866,503

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$866,503
Total Expenses per Audited Statements$866,503
Total Expenses per Form 990$866,503
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,178
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Donation Allocation$80,765
Credit Card Payable$5,167
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
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 11B

A copy of form 990 was provided to the board for review and comments prior to filing with the irs.

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

The organization annually verfies board members' compliance with the conflict of interest policy

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. This information is also posted on the guidestar's website.

Filing and Contact Details

Filer

Filer Name
Miami Veterinary Foundation Inc
EIN
59-1911775
Phone
3052792000
Address
11622 SW 88 STREET, MIAMI, FL 33176

Signing Officer

Name
Irving Lerner Dvm
Title
President
Phone
3052792000
Signed
2025-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Irving Lerner Dvm
Formed
1978
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
40

Preparer

Firm
Gerstle Rosen & Goldenberg Pa
Address
3440 HOLLYWOOD BLVD STE 100, HOLLYWOOD, FL 33021
Preparer
John F Tanner
Phone
3059370116
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Spay-neuter services - miami veterinary foundation and miami dade animal service partner together to create greater access to spay neuter services for the low income pet owning community and to create more volume of free spay neuter services available for community cats, as well as assisting mdas approved rescue partner organizations with spay neuter services. Qualified low income pet owners are provided spay neuter services for their pets with minimal co-payment for the services. Proof of low income status must be provided to the participating veterinarian. Low income owners are qualified as those who can prove they receive benefits from one of the following: food stamps, medicaid, supplemental security income (ssi), temporary assistance for needed families (tanf), jackson memorial hospital clinic care. In each case, the eligible owner must provide a copy of the letter stating that they are entitled to the above benefits, and show that the dates still apply and are current. Under the community cat program, community cats are spayed or neutered at no cost to the community member who brings in the cats for services. Cats have their ears notched, spay or neuter surgery, receive a rabies vaccine, all at no charge. This program has no income qualification. Anyone wishing to help with community cats may utilize this service at no charge.

Form 990, Page 2, Part III, Line 4B

Project unleashed - it's a free, low income and homeless pet owner wellness and basic veterinary care clinic, state licend as a limited services practice, vl238, administered by the miami veterinary foundation on the third sunday of every month except in december. We are hosted in camillus house homeless shelter, which allows project unleashed a large office space with a separate waiting room and 3 exam cubicles. Each clinic is staffed by at least 3 volunteer veterinarians with technicians as well as dedicated volunteers. Project unleashed started as a small, every other month outreach program, to provide veterinary care to the animals who reside with their owners at camillus house homeless shelter, staffing consisted of one volunteer veterinarian and one technician who would see approximately 10-20 animals. On a busy day veterinarians saw 30 animals, today, we see no less than 35- 40 animals each clinic, and upwards of 75 animals on a busy day.

Form 990, Part IX, Line 24E

Pfl foma exp 40,517 0 0 spay - neuter procedures 32,972 0 0 petco love vaccine stipen 19,350 0 0 s/n backlog 12,203 0 0 mvf low resourse medical 7,308 0 0 pu medical supplies 7,294 0 0 petco love s/n 5,554 0 0 pfl storage 5,367 0 0 project unleashed expense 3,737 0 0 pfl training 1,943 0 0 meals 0 1,742 0 pfl transportaion 894 0 0 auto expense 734 0 0 trapper stipend 519 0 0 pu dogcopay promo 446 0 0 pu program supplies 57 0 0 total 138,895 1,742 0

Raw XML Appendix316 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/ProgSrvcAccomActy2Grp/Desc0PROJECT UNLEASHED - IT'S A FREE, LOW INCOME AND HOMELESS PET OWNER WELLNESS AND BASIC VETERINARY CARE CLINIC, STATE LICEND AS A LIMITED SERVICES PRACTICE, VL238, ADMINISTERED BY THE MIAMI VETERINARY FOUNDATION ON THE THIRD SUNDAY OF EVERY MONTH EXCEPT IN DECEMBER. WE ARE HOSTED IN CAMILLUS HOUSE HOMELESS SHELTER, WHICH ALLOWS PROJECT UNLEASHED A LARGE OFFICE SPACE WITH A SEPARATE WAITING ROOM AND 3 EXAM CUBICLES. EACH CLINIC IS STAFFED BY AT LEAST 3 VOLUNTEER VETERINARIANS WITH TECHNICIANS AS WELL AS DEDICATED VOLUNTEERS. PROJECT UNLEASHED STARTED AS A SMALL, EVERY OTHER MONTH OUTREACH PROGRAM, TO PROVIDE VETERINARY CARE TO THE ANIMALS WHO RESIDE WITH THEIR OWNERS AT CAMILLUS HOUSE HOMELESS SHELTER, STAFFING CONSISTED OF ONE VOLUNTEER VETERINARIAN AND ONE TECHNICIAN WHO WOULD SEE APPROXIMATELY 10-20 ANIMALS. ON A BUSY DAY VETERINARIANS SAW 30 ANIMALS, TODAY, WE SEE NO LESS THAN 35- 40 ANIMALS EACH CLINIC, AND UPWARDS OF 75 ANIMALS ON A BUSY DAY.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0285939
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED DONATION ALLOCATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPAY-NEUTER SERVICES - MIAMI VETERINARY FOUNDATION AND MIAMI DADE ANIMAL SERVICE PARTNER TOGETHER TO CREATE GREATER ACCESS TO SPAY NEUTER SERVICES FOR THE LOW INCOME PET OWNING COMMUNITY AND TO CREATE MORE VOLUME OF FREE SPAY NEUTER SERVICES AVAILABLE FOR COMMUNITY CATS, AS WELL AS ASSISTING MDAS APPROVED RESCUE PARTNER ORGANIZATIONS WITH SPAY NEUTER SERVICES. QUALIFIED LOW INCOME PET OWNERS ARE PROVIDED SPAY NEUTER SERVICES FOR THEIR PETS WITH MINIMAL CO-PAYMENT FOR THE SERVICES. PROOF OF LOW INCOME STATUS MUST BE PROVIDED TO THE PARTICIPATING VETERINARIAN. LOW INCOME OWNERS ARE QUALIFIED AS THOSE WHO CAN PROVE THEY RECEIVE BENEFITS FROM ONE OF THE FOLLOWING: FOOD STAMPS, MEDICAID, SUPPLEMENTAL SECURITY INCOME (SSI), TEMPORARY ASSISTANCE FOR NEEDED FAMILIES (TANF), JACKSON MEMORIAL HOSPITAL CLINIC CARE. IN EACH CASE, THE ELIGIBLE OWNER MUST PROVIDE A COPY OF THE LETTER STATING THAT THEY ARE ENTITLED TO THE ABOVE BENEFITS, AND SHOW THAT THE DATES STILL APPLY AND ARE CURRENT. UNDER THE COMMUNITY CAT PROGRAM, COMMUNITY CATS ARE SPAYED OR NEUTERED AT NO COST TO THE COMMUNITY MEMBER WHO BRINGS IN THE CATS FOR SERVICES. CATS HAVE THEIR EARS NOTCHED, SPAY OR NEUTER SURGERY, RECEIVE A RABIES VACCINE, ALL AT NO CHARGE. THIS PROGRAM HAS NO INCOME QUALIFICATION. ANYONE WISHING TO HELP WITH COMMUNITY CATS MAY UTILIZE THIS SERVICE AT NO CHARGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROJECT UNLEASHED - IT'S A FREE, LOW INCOME AND HOMELESS PET OWNER WELLNESS AND BASIC VETERINARY CARE CLINIC, STATE LICEND AS A LIMITED SERVICES PRACTICE, VL238, ADMINISTERED BY THE MIAMI VETERINARY FOUNDATION ON THE THIRD SUNDAY OF EVERY MONTH EXCEPT IN DECEMBER. WE ARE HOSTED IN CAMILLUS HOUSE HOMELESS SHELTER, WHICH ALLOWS PROJECT UNLEASHED A LARGE OFFICE SPACE WITH A SEPARATE WAITING ROOM AND 3 EXAM CUBICLES. EACH CLINIC IS STAFFED BY AT LEAST 3 VOLUNTEER VETERINARIANS WITH TECHNICIANS AS WELL AS DEDICATED VOLUNTEERS. PROJECT UNLEASHED STARTED AS A SMALL, EVERY OTHER MONTH OUTREACH PROGRAM, TO PROVIDE VETERINARY CARE TO THE ANIMALS WHO RESIDE WITH THEIR OWNERS AT CAMILLUS HOUSE HOMELESS SHELTER, STAFFING CONSISTED OF ONE VOLUNTEER VETERINARIAN AND ONE TECHNICIAN WHO WOULD SEE APPROXIMATELY 10-20 ANIMALS. ON A BUSY DAY VETERINARIANS SAW 30 ANIMALS, TODAY, WE SEE NO LESS THAN 35- 40 ANIMALS EACH CLINIC, AND UPWARDS OF 75 ANIMALS ON A BUSY DAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 WAS PROVIDED TO THE BOARD FOR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION ANNUALLY VERFIES BOARD MEMBERS' COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THIS INFORMATION IS ALSO POSTED ON THE GUIDESTAR'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PFL FOMA EXP 40,517 0 0 SPAY - NEUTER PROCEDURES 32,972 0 0 PETCO LOVE VACCINE STIPEN 19,350 0 0 S/N BACKLOG 12,203 0 0 MVF LOW RESOURSE MEDICAL 7,308 0 0 PU MEDICAL SUPPLIES 7,294 0 0 PETCO LOVE S/N 5,554 0 0 PFL STORAGE 5,367 0 0 PROJECT UNLEASHED EXPENSE 3,737 0 0 PFL TRAINING 1,943 0 0 MEALS 0 1,742 0 PFL TRANSPORTAION 894 0 0 AUTO EXPENSE 734 0 0 TRAPPER STIPEND 519 0 0 PU DOGCOPAY PROMO 446 0 0 PU PROGRAM SUPPLIES 57 0 0 TOTAL 138,895 1,742 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-28
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GERSTLE ROSEN & GOLDENBERG PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03440 HOLLYWOOD BLVD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOLLYWOOD
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ReturnHeader/PreparerPersonGrp/PhoneNum03059370116
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN F TANNER
ReturnHeader/ReturnTs02025-04-15T17:38:00-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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