Civic Intelligence

Independent Veterinary Practitioners Association

990EZ • Fiscal year 2022 • EIN 82-1118505

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 04, 2023

221 Gatewood DriveAiken, SC 29801

(919) 219-5210

Siviq Scores

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

Liabilities / Assets

97th percentile

1.08x

Higher debt load relative to assets than 97% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.15x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

49th percentile

2.2%

Higher net margin than 49% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$21,506

No earlier filing loaded for comparison.

Net Assets

-$1,676

No earlier filing loaded for comparison.

Liabilities

$23,182

No earlier filing loaded for comparison.

Revenue

$153,948

No earlier filing loaded for comparison.

Expenses

$150,487

No earlier filing loaded for comparison.

Net Income

$3,461

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2022: $21,506Liabilities 2022: $23,182Net Assets 2022: -$1,6762022Assets 2023: $13,352Liabilities 2023: $23,637Net Assets 2023: -$10,2852023Assets 2024: $56,179Liabilities 2024: $28,102Net Assets 2024: $28,0772024

Highlighted filing

2022

Assets$21,506
Liabilities$23,182
Net Assets-$1,676

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2022: $153,948Expenses 2022: $150,487Net Income 2022: $3,4612022Revenue 2023: $181,875Expenses 2023: $190,484Net Income 2023: -$8,6092023Revenue 2024: $276,226Expenses 2024: $237,864Net Income 2024: $38,3622024

Highlighted filing

2022

Revenue$153,948
Expenses$150,487
Net Income$3,461
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 4, 2023
Return Version
2022v5.0
Gross Receipts
$153,948
Mission and Program Overview

Mission

The mission of the Independent Veterinary Practitioners Association (IVPA) is:1. To promote and highlight independently owned veterinary hospitals to educate consumers, allowing informed choices between corporate and independent services. This involves designing and distributing marketing materials and creating a consumer-focused website.2. To expand membership to gain representation in the American Veterinary Medical Association's House of Delegates, giving independent practices a voice in the leading U.S. veterinary association.3. To maintain a veterinary student program focusing on the importance of independent practice ownership, imparting essential skills for both business management and veterinary services.4. To advocate for members in securing fair pricing for manufactured goods.

Program Services

DescriptionGrantsExpenses
In 2022, the Independent Veterinary Practitioners Association (IVPA) developed a strategic plan aimed at enhancing member benefits to better compete with private equity-owned corporations for employees and clients. These member benefits helped members manage expenses and offer employee benefits that were typically only available to larger practices. To support this plan, IVPA hosted two half-day virtual conferences for members, guests, and veterinary students. These events helped raise awareness of the organization and its mission while also assisting member clinics with engaging veterinary students as potential future employees or practice owners. IVPA committees actively sought vendors and sponsors to support the organization and its members, helping to sustain the viability of independently owned veterinary practices.Moving forward, the 2023 IVPA strategic plan will focus on member acquisition, engagement, and retention. Overall, IVPA had a stable year in 2022, moderately increasing its visibility within the veterinary community and providing valuable resources to member clinics. We look forward to continued growth and success in the coming year.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bonnie BrogdonPresidentPT$0--
Suzanne MagruderTreasurer-$0--
Jill StetzSecretary-$0--
Patricia HillMember-$0--
Chris BryantMember-$0--
Grant JacobsonMember-$0--
Scott NeaboreMember-$0--
Neather DiGiacomoMember-$0--
Jeffrey PowersMember-$0--
Paula RodeMember-$0--
Justin TothMember-$0--
Marthina GreerMember-$0--
Pamela StevensonExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Independent Veterinary
EIN
82-1118505
Phone
9192195210
Address
221 Gatewood Drive, Aiken, SC 29801

Signing Officer

Name
Bonnie Brogdon
Title
President
Signed
2023-10-04
Discuss with paid preparer
Yes

Preparer

Firm
Anthony F Armento CPA PC
Address
1502 W NC Hwy 54 Suite 503, Durham, NC 27707
Preparer
Anthony F Armento
Phone
9199333421
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $3908

Other Expenses.1007

Conferences, Conventions, and Meetings $9500

Other Expenses.1008

Interest $246

Other Expenses.1

Website costs $5411

Other Expenses.2

Teleradiology costs $5078

Other Expenses.3

Merchant processing fees $3997

Other Expenses.4

Event sponsorships $1583

Other Expenses.5

Software subscriptions $938

Other Expenses.7

Bank charges $216

Other Expenses.8

Speaker travel costs $178

Other Assets.1005

Accounts Receivable - Beginning $4050 Accounts Receivable - Ending $3345

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $373

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $22563 Payable to Officers, Directors, Etc. - Ending $22809

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IRS990EZ/PrimaryExemptPurposeTxt0The mission of the Independent Veterinary Practitioners Association (IVPA) is:1. To promote and highlight independently owned veterinary hospitals to educate consumers, allowing informed choices between corporate and independent services. This involves designing and distributing marketing materials and creating a consumer-focused website.2. To expand membership to gain representation in the American Veterinary Medical Association's House of Delegates, giving independent practices a voice in the leading U.S. veterinary association.3. To maintain a veterinary student program focusing on the importance of independent practice ownership, imparting essential skills for both business management and veterinary services.4. To advocate for members in securing fair pricing for manufactured goods.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0In 2022, the Independent Veterinary Practitioners Association (IVPA) developed a strategic plan aimed at enhancing member benefits to better compete with private equity-owned corporations for employees and clients. These member benefits helped members manage expenses and offer employee benefits that were typically only available to larger practices. To support this plan, IVPA hosted two half-day virtual conferences for members, guests, and veterinary students. These events helped raise awareness of the organization and its mission while also assisting member clinics with engaging veterinary students as potential future employees or practice owners. IVPA committees actively sought vendors and sponsors to support the organization and its members, helping to sustain the viability of independently owned veterinary practices.Moving forward, the 2023 IVPA strategic plan will focus on member acquisition, engagement, and retention. Overall, IVPA had a stable year in 2022, moderately increasing its visibility within the veterinary community and providing valuable resources to member clinics. We look forward to continued growth and success in the coming year.
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ReturnHeader/Filer/PhoneNum09192195210
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ReturnHeader/PreparerPersonGrp/PhoneNum09199333421
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony F Armento
ReturnHeader/ReturnTs02023-10-04T12:16:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Bonnie
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Brogdon
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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