Civic Intelligence

Christian Veterinary Mission Foundation

990 • Fiscal year 2023 • EIN 85-2465430

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 20, 2024

19031 33rd Ave Suite 211Lynnwood, WA 98036

(206) 801-5511

Siviq Scores

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

Liabilities / Assets

29th percentile

0.05x

Higher debt load relative to assets than 29% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

20th percentile

0.06x

Higher debt load relative to revenue than 20% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

71st percentile

16%

Higher net margin than 71% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

36th percentile

$144,527

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

79th percentile

21%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-39%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$10,132,664

Up $1,777,960 (+21%) from 2022

Net Assets

Up

$9,633,810

Up $1,651,424 (+21%) from 2022

Liabilities

Up

$498,854

Up $126,536 (+34%) from 2022

Revenue

Down

$8,572,832

Down $5,572,049 (-39%) from 2022

Expenses

Up

$7,216,134

Up $1,146,566 (+19%) from 2022

Net Income

Down

$1,356,698

Down $6,718,615 (-83%) from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2021: $737,057Liabilities 2021: $33,298Net Assets 2021: $703,7592021Assets 2022: $8,354,704Liabilities 2022: $372,318Net Assets 2022: $7,982,3862022Assets 2023: $10,132,664Liabilities 2023: $498,854Net Assets 2023: $9,633,8102023Assets 2024: $12,023,685Liabilities 2024: $536,313Net Assets 2024: $11,487,3722024Assets 2025: $13,468,218Liabilities 2025: $677,937Net Assets 2025: $12,790,2812025

Highlighted filing

2023

Assets$10,132,664
Liabilities$498,854
Net Assets$9,633,810

Operations Trend

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

$15M$10M$5.0M$0Revenue 2021: $849,681Expenses 2021: $145,922Net Income 2021: $703,7592021Revenue 2022: $14,144,881Expenses 2022: $6,069,568Net Income 2022: $8,075,3132022Revenue 2023: $8,572,832Expenses 2023: $7,216,134Net Income 2023: $1,356,6982023Revenue 2024: $8,507,828Expenses 2024: $7,314,541Net Income 2024: $1,193,2872024Revenue 2025: $9,138,410Expenses 2025: $8,740,415Net Income 2025: $397,9952025

Highlighted filing

2023

Revenue$8,572,832
Expenses$7,216,134
Net Income$1,356,698
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 20, 2024
Return Version
2022v5.0
Gross Receipts
$8,885,930
Mission and Program Overview

Mission

Christian veterinary mission (cvm) serves to challenge, empower and facilitate veterinary professionals to serve others, living out their christian faith through long term missions, short term missions, professional ministry, affiliate ministry and training programs.

Christian veterinary mission (cvm) serves to challenge, empower and facilitate veterinary professionals to serve others, living out their christian faith through long term missions, short term missions, professional ministry, affliate ministry and training programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,833,767$6,790,071▲ $956,304
Savings and Temporary Cash Investments$1,000,050$1,516,502▲ $516,452
Cash and Non-Interest-Bearing Accounts$965,513$1,437,473▲ $471,960
Land, Buildings, and Equipment, Net$277,406$248,140▼ $29,266
Accounts Receivable$200,400--
Prepaid Expenses and Deferred Charges$67,493$74,282▲ $6,789
Intangible Assets$10,075$10,075→ $0
Total Assets$8,354,704$10,132,664▲ $1,777,960
Other Assets Total$0$56,121▲ $56,121
Liabilities
Accounts Payable and Accrued Expenses$372,318$344,067▼ $28,251
Deferred Revenue-$98,079-
Other Liabilities$0$56,708▲ $56,708
Total Liabilities$372,318$498,854▲ $126,536
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,691,769$7,719,801▲ $1,028,032
Net Assets Without Donor Restrictions$1,290,617$1,914,009▲ $623,392
Total Net Assets Fund Balance$7,982,386$9,633,810▲ $1,651,424
Total Liabilities and Net Assets / Fund Balance$8,354,704$10,132,664▲ $1,777,960

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$185,753$11,857$197,610
Equipment$14,275$39,732$54,007
Land$48,112-$48,112

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,464,586$290,231▲ $126,393$19,411$1,861,799
2021-$1,750,926▼ $221,148$65,192$1,464,586
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Lee MyersCEOFT$119,796$24,731$144,527

Board Members and Trustees

NameTitle
Dr Joe WrightChair
Dr Mike MctigueChair-elect
Dr Bill RishelBoard Member
Dr Doug LewisBoard Member
Dr Kathy Dunaway-knightBoard Member
Dr Michael JoyceBoard Member
Dr Page WagesBoard Member
Dr Ralph RichardsonBoard Member
Dr Rebecca HolvikBoard Member
Dr Steve DietzelBoard Member
Dr Theresa CaseyBoard Member
Dr Christina TolmanBoard Member (thru 11/22)
Dr Devon SpencerBoard Member (thru 11/22)
Dr Helen NobleBoard Member (thru 11/22)
Dr Linsay CuciakBoard Member (thru 11/22)
Sr Duane ChappellBoard Member (thru 11/22)
Dr Robert HottChief Governance Officer
Dr Ginger PelcSecretary
William BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,290,239
Program Service Revenue
$218,457
Investment Income
$56,536
Other Revenue
$7,600
All Other Contributions
$8,290,239
Change in Net Assets
$1,356,698

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles2$18,200Fair Market Value (FMV)
Drugs and Medical Supplies10$5,772Fair Market Value (FMV)
Other Non Cash Contri Table2$1,473Fair Market Value (FMV)
Other Non Cash Contri Table1$83Fair Market Value (FMV)
Other Non Cash Contri Table1$75Fair Market Value (FMV)
Books and Publications-$40-
Total Noncash Contributions16$25,643-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,557,698
Revenue Not Reported on Financial Statements
$15,134
Revenue Not Reported on Form 990
$294,726
Total Revenue per Audited Statements
$8,852,424
Total Revenue per Form 990
$8,572,832
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,162,428
Salaries, Compensation, and Employee Benefits$3,053,706
Total Fundraising Expense$543,993
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,768,662$105,441$225,706$2,099,809
Other Employee Benefits$372,287$45,075$33,441$450,803
Payroll Taxes$229,841$31,238$22,403$283,482
Current Officers, Directors, Trustees, and Key Employees$67,985$49,270$27,264$144,519
Advertising--$122,125$122,125
Travel$79,319$19,076$3,980$102,375
Pension Plan Contributions$62,515$7,169$5,409$75,093
Occupancy$7,707$56,315-$64,022
Fees for Services Other$13,523$34,040$4,956$52,519
Office Expenses$4,647$24,193$23,340$52,180
Insurance-$38,989-$38,989
Depreciation Depletion$7,904$21,361-$29,265
Fees for Services Accounting-$24,154-$24,154
Fees for Service Investment Mgmnt Fees-$15,134-$15,134
Fees for Services Legal-$13,168-$13,168
Conferences and Meetings$6,275$3,730-$10,005
Other Expenses$2,652$169$61,425$2,652
Total Functional Expenses$6,036,215$635,926$543,993$7,216,134

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,216,134
Expenses per Audited Statements$7,201,000
Total Expenses per Audited Statements$7,201,000
Expenses Not Reported on Financial Statements$15,134
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
42
Spending
$2,726,107

International Compliance

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
East Asia & the PacificProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.016$898,286
Sub-saharan AfricaProgram ServicesSupport of Affiliate Organization in Fulfiling Their Mission in Reaching Veterinary Professional to Serve God and Others in Canada010$795,994
Central America & CaribbeanProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.05$269,478
EuropeProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.03$255,489
South AsiaProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.02$199,022
Middle East & North AfricaProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.02$155,888
South AmericaProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.02$111,494
North AmericaProgram ServicesSupport of Affiliate Organization in Fulfiling Their Mission in Reaching Veterinary Professional to Serve God and Others in Canada01$30,456
Russia & Neighboring StatesProgram ServicesSupport in Bible Translation Efforts for Kyrgyzstan Language01$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$56,708
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Part VI, Section B, Line 11B

The 990 is prepared by cvm's cpa consultant, and sent to executive team for review. The 990 is then forwarded to the finance committee for review and then presented to the full board to authorize filing.

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

Article vi annual statements - each trustee, principal officer and member of any committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Conflict of interest policy article iii procedures 1. Duty to disclose. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the trustees, members of any committe with governing board delegated powers considering the proposed transaction or arrangement. 2. Determining whether a conflict of interest exists. After disclosure of the financial interest and all material facts, and after discussion with the interested persion, he/she shall leave the board of trustees or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.

Form 990, Part VI, Section C, Line 19

Cvm has made these documents available to the public upon request either by mail, on the website or by telephone.

Filing and Contact Details

Filer

Filer Name
Christian Veterinary Mission
EIN
85-2465430
Phone
2068015511
Address
19031 33RD AVE SUITE 211, LYNNWOOD, WA 98036

Signing Officer

Name
Lee Myers
Title
CEO
Phone
2068015511
Signed
2024-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Myers
Formed
2020
Legal Domicile
Wa
Voting Board Members
14
Independent Board Members
14
Employees
66
Volunteers
1,180

Preparer

Firm
Cliftonlarsonallen Llp
Address
10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Allen Gilbert CPA
Phone
4252506100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Cvm long-term projects involves sending veterinary professionals and their families internationally. The cvm long-term missions department partners with other ngo's, universities, and churches internationally to provide training, community development, veterinary services, christian fellowship, and discipleship. On june 30, 2023, cvm had 38 employees working internationally in 17 countries spread across latin america, africa and asia. We had 19 veterinary volunteering serving as cvm associates in 11 countries. The mission programs had $2.5 million in expenditure in fye 6.30.23. Examples of some of these programs include veterinary and continuing education training in mongolia, and bolivia, veterinary technician training in s africa, se asia and haiti, livestock projects in nicaragua, asia, and tanzania, relief support in asia, and veterinary service projects and farmer training in many under accessed communities in africa, asia, and latin america. In addition to provide support to individuals and families to better care for animals our staff are often engaged with training individual and small groups to study of the bible, evangelism, and church planting.

Form 990, Part III, Line 4B

The cvm short-term missions volunteer program seeks to make long-term impact through short-term missions by recruiting, training, sending, and debriefing cvm short-term volunteers, instructing them in missions and ministry models. Cvm short-term mission volunteers provide christian veterinary support to cvm long-term missionaries, as well as the local partners and community. In fye 6.30.23, the cvm short-term missions program mobilized 465 volunteers to 30 different countries on 85 short-term mission trips. These volunteers donated a total of 32,584 hours of their time, which translates to roughly $1,466,280 in donated wages (based on current average vet professional salaries). Cvm short-term mission volunteers also donated their expertise through virtual animal health trainings to our affiliate organization, vetnet india, and convened for monthly webinars where they expanded their knowledge and support of different cvm fieldworkers, ministry programs, and mission host partners. In addition to mobilizing short-term volunteers, the cvm short-term team helped to facilitate four mission apprenticeship trips, where vet students are paired with a cvm international long-term fieldworker for a minimum of 30 days to experience mentorship, training, and guidance on what a potential future in international vet missions may look like. In fy23 the short-term dept mobilization system helped engage 220 new volunteers with the ministry and promote 150 short-term trip opportunities.

Form 990, Part III, Line 4C

The cvm workplace and student ministries seek to challenge, empower, and facilitate veterinary professionals to live out their faith through the profession. Cvm cares for and encourages veterinary students and professionals and provides tools for them to share christ's love through veterinary medicine. During fye 6.30.23, the workplace and student ministries mobilized many volunteers across north america. Cvm had approximately 225 student leaders of campus fellowship chapters in 50 veterinarian, pre-veterinarian, and technical colleges and universities. About 60 faculty advisors and student ministry advocates served as volunteers to support those campus fellowships. Approximately 100 veterinary professionals volunteered their time to share their stories at 10 real life real impact retreat weekends for students and professionals. Along with cvm staff, approximately 15 volunteers served to represent cvm at 58 professional veterinary conferences and 4 student conferences. Approximately 15 veterinary professionals volunteered their time and energy to lead or host local professional christian veterinary fellowship groups. In total, workplace and student ministries mobilized approximately 405 volunteers to support veterinary professionals and students in fye 6.30.23.

FORM 990, PART XII, LINE 2C:

The process for selecting the independent accounting firm has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

Provide annual funding for specific activities and general operations.

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IRS990/Form990PartVIISectionAGrp/PersonNm0DR LEE MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm1DR JOE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm2DR MIKE MCTIGUE
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM BROWN
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IRS990/Form990PartVIISectionAGrp/PersonNm8DR STEVE DIETZEL
IRS990/Form990PartVIISectionAGrp/PersonNm9DR KATHY DUNAWAY-KNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm10DR REBECCA HOLVIK
IRS990/Form990PartVIISectionAGrp/PersonNm11DR ROBERT HOTT
IRS990/Form990PartVIISectionAGrp/PersonNm12DR MICHAEL JOYCE
IRS990/Form990PartVIISectionAGrp/PersonNm13DR DOUG LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm14DR HELEN NOBLE
IRS990/Form990PartVIISectionAGrp/PersonNm15DR RALPH RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm16DR BILL RISHEL
IRS990/Form990PartVIISectionAGrp/PersonNm17DR DEVON SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm18DR CHRISTINA TOLMAN
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IRS990/MissionDesc0CHRISTIAN VETERINARY MISSION (CVM) SERVES TO CHALLENGE, EMPOWER AND FACILITATE VETERINARY PROFESSIONALS TO SERVE OTHERS, LIVING OUT THEIR CHRISTIAN FAITH THROUGH LONG TERM MISSIONS, SHORT TERM MISSIONS, PROFESSIONAL MINISTRY, AFFILIATE MINISTRY AND TRAINING PROGRAMS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE PROFESSIONAL DEVELOPMENT AND SPIRITUAL WELLNESS (PDSW) DEPARTMENT EMPHASIZES THE PRIORITY OF PROGRAMS THAT PROMOTE (1) WORKFORCE AND CAREER EDUCATION AND GROWTH, AND (2) HOLISTIC WELLNESS OF CVM SUPPORTERS (THOSE ENGAGED IN PRAYER, GIVING AND SERVICE) AND CVM STAFF (BOTH CVM USA AND INTERNATIONAL FIELD WORKERS). A SIGNIFICANT ACCOMPLISHMENT IN FY23 WAS THE HOSTING OF OUR SECOND CVM VETERINARY CONFERENCE, NOVEMBER 1-3, 2023 WITH 929 PARTICIPANTS, WHICH WAS MORE THAN 2.5 TIMES INCREASE OVER THE PREVIOUS YEAR. THE PURPOSE OF THE ANNUAL CONFERENCE IS TO PROVIDE QUALITY VETERINARY CONTINUING EDUCATION APPROVED BY THE REGISTRY OF APPROVED CONTINUING EDUCATION (RACE) AND OFFER TRUSTED MINISTRY SPEAKERS TO CHALLENGE, EMPOWER AND FACILITATE VETERINARY PROFESSIONALS IN THEIR FAITH JOURNEY. A SECOND MAJOR FY23 ACHIEVEMENT WAS THE CONTINUED GROWTH OF THE CVM ONLINE CHRIST-CENTERED, LEARNER-FOCUSED ELEARNING TRAINING PLATFORM. TAUGHT BY EXPERTS IN VETERINARY MISSIONS AND MINISTRY, EACH COURSE IS SELF-PACED, INTERACTIVE, AND ENGAGING. THE PLATFORM EXPERIENCED 20.2% GROWTH DURING THE FISCAL YEAR WITH 510 ACTIVE USERS (130.8% ACTIVE USER INCREASE FROM PREVIOUS FISCAL YEAR). THE ELEARNING STORE OFFERS FREE RACE-APPROVED CONTINUING EDUCATION COURSES RELATED TO VETERINARY MEDICINE. IN TOTAL, 2428 COURSES WERE COMPLETED BY LEARNERS IN THIS FISCAL YEAR. THIS PLATFORM WAS EXPANDED TO INCLUDE STAFF FOCUSED ELEARNING TRAINING. THIS EXPANSION PROVIDES RESOURCES FOCUSED ON WELLBEING, PROFESSIONAL DEVELOPMENT AND SPIRITUAL WELLNESS FOR EMPLOYEES. A TOTAL OF NINE COURSES WERE CREATED AND PUBLISHED. A THIRD MAJOR FY23 ACHIEVEMENT WAS THE CREATION AND LAUNCHING OF A NEW, WEEKLY PODCAST, TWO ROADS CROSSING. THIS PODCAST EXPLORES THE INTERSECTION OF FAITH AND VETERINARY MEDICINE BY SHARING INTERVIEWS WITH SPEAKERS THAT ENGAGE WITHIN THESE AREAS IN DIFFERENT CAPACITIES. THE PODCAST LAUNCHED IN APRIL 2023. 13 EPISODES WERE PUBLISHED FROM CONVERSATIONS WITH 5 SPEAKERS. THE PODCAST IS HOSTED THROUGH THE CVM APP AS WELL AS MANY PODCAST HOST SITES. AT THE END OF THIS FISCAL YEAR, THE PODCAST HAD 152 SUBSCRIBERS AND 1664 VIEWS.
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