Civic Intelligence

Christian Veterinary Mission Foundation

990 • Fiscal year 2024 • EIN 85-2465430

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 10, 2025

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

0.04x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.06x

Higher debt load relative to revenue than 22% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$130,786

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

80th percentile

19%

Faster asset growth than 80% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-0.8%

Faster revenue growth than 31% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$12,023,685

Up $1,891,021 (+19%) from 2023

Net Assets

Up

$11,487,372

Up $1,853,562 (+19%) from 2023

Liabilities

Up

$536,313

Up $37,459 (+7.5%) from 2023

Revenue

Down

$8,507,828

Down $65,004 (-0.8%) from 2023

Expenses

Up

$7,314,541

Up $98,407 (+1.4%) from 2023

Net Income

Down

$1,193,287

Down $163,411 (-12%) from 2023

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

2024

Assets$12,023,685
Liabilities$536,313
Net Assets$11,487,372

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

2024

Revenue$8,507,828
Expenses$7,314,541
Net Income$1,193,287
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 10, 2025
Return Version
2023v6.0
Gross Receipts
$21,126,964
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$6,790,071$10,021,538▲ $3,231,467
Savings and Temporary Cash Investments$1,516,502$1,055,601▼ $460,901
Cash and Non-Interest-Bearing Accounts$1,437,473$490,240▼ $947,233
Land, Buildings, and Equipment, Net$248,140$228,950▼ $19,190
Prepaid Expenses and Deferred Charges$74,282$152,919▲ $78,637
Intangible Assets$10,075--
Total Assets$10,132,664$12,023,685▲ $1,891,021
Other Assets Total$56,121$74,437▲ $18,316
Liabilities
Accounts Payable and Accrued Expenses$344,067$306,209▼ $37,858
Deferred Revenue$98,079$154,328▲ $56,249
Other Liabilities$56,708$75,776▲ $19,068
Total Liabilities$498,854$536,313▲ $37,459
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,719,801$8,505,607▲ $785,806
Net Assets Without Donor Restrictions$1,914,009$2,981,765▲ $1,067,756
Total Net Assets Fund Balance$9,633,810$11,487,372▲ $1,853,562
Total Liabilities and Net Assets / Fund Balance$10,132,664$12,023,685▲ $1,891,021

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$177,849$19,761$197,610
Equipment$2,989$61,093$64,082
Land$48,112-$48,112

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,861,799$10,170▲ $250,876$64,367$2,058,478
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$125,456$5,330$130,786

Board Members and Trustees

NameTitle
Dr Mike MctigueChair
Dr Ginger PelcChair-elect
Dr Joe WrightImmediate Past-chair
Dr Bill RishelBoard Member
Dr Doug LewisBoard Member
Dr Kathy Dunaway-knightBoard Member
Dr Page WagesBoard Member
Dr Ralph RichardsonBoard Member
Dr Rebecca HolvikBoard Member
Dr Stevie DietzelBoard Member
Dr Robert HottChief Governance Officer
Dr Theresa CaseySecretary
William BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,995,248
Program Service Revenue
$304,622
Investment Income
$190,587
Other Revenue
$17,371
All Other Contributions
$7,935,498
Change in Net Assets
$1,193,287

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,492,871
Revenue Not Reported on Financial Statements
$14,957
Revenue Not Reported on Form 990
$660,275
Total Revenue per Audited Statements
$9,153,146
Total Revenue per Form 990
$8,507,828
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,109,452
Salaries, Compensation, and Employee Benefits$3,205,089
Total Fundraising Expense$546,892
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,845,293$182,436$227,367$2,255,096
Other Employee Benefits$447,130$27,917$38,446$513,493
Payroll Taxes$197,147$12,309$16,951$226,407
Current Officers, Directors, Trustees, and Key Employees$64,647$46,981$26,185$137,813
Advertising--$113,947$113,947
Travel$73,371$13,635$1,392$88,398
Pension Plan Contributions$65,575$2,049$4,656$72,280
Office Expenses$7,230$33,661$28,108$68,999
Fees for Services Other$27,899$32,048$2,953$62,900
Occupancy$4,072$56,659-$60,731
Insurance-$34,493-$34,493
Depreciation Depletion$7,904$21,361-$29,265
Fees for Services Accounting-$19,057-$19,057
Fees for Service Investment Mgmnt Fees-$14,957-$14,957
Conferences and Meetings$6,408$2,816$494$9,718
Fees for Services Legal-$8,839-$8,839
Other Expenses$3,010$790$74,613$3,010
Total Functional Expenses$6,133,874$633,775$546,892$7,314,541

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,314,541
Expenses per Audited Statements$7,299,584
Total Expenses per Audited Statements$7,299,584
Expenses Not Reported on Financial Statements$14,957
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
46
Spending
$4,364,978

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 and the PacificProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.018$1,679,614
Sub-saharan AfricaProgram ServicesSupport of Fieldworkers in Fulfilling Their Mission in Reaching Veterinary Professional to Serve God and Others in the Sub-saharan Africa Countries014$1,210,657
Central America and the CaribbeanProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.04$801,737
Europe (including Iceland & Greenland)Program ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship, School Counseling03$239,590
South AsiaProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.03$209,950
Middle East and North AfricaProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.02$117,598
South AmericaProgram ServicesVeterinary Professionals Provide Training, Community Development, Veterinary Services, Christian Fellowship, and Discipleship.02$105,832
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$75,776
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
Yes
Other officer compensation reviewed
Yes
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 form 990 and related schedules are prepared by a third party cpa and then reviewed internally by cvm staff and the board treasurer. A public disclosure version of the return is then distributed to each member of the board for review. After comments from board members are addressed and any corrections are made, the return is filed with the irs.

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 B, Line 15

1. The chairman of the board in collabration with the finance committee reviews and proposed the compensation of the ceo to the board for approval each year. 2.the comparative data from the nonprofit organizations salary and benefits report produced by the bluewater nonprofit solutions and other data are used. 3. The deliberation and decision is recorded in the minutes of board meeting. The process described here was last completed in 2023.

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
2025-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Myers
Formed
2020
Legal Domicile
Wa
Voting Board Members
13
Independent Board Members
13
Employees
65
Volunteers
1,500

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, 2024, cvm had 41 veterinary professional employees working internationally in 17 countries spread across latin america, africa and asia. We had 20 veterinarians volunteering serving as cvm associates in 12 countries. 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 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 6.30.24, the workplace and student ministries mobilized many volunteers across north america. Cvm had approximately 225 student leaders of campus fellowship chapters in 55 veterinary, pre-veterinary, 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 11 real life real impact retreat weekends for students and professionals. Along with cvm staff, approximately 15 volunteers served to represent cvm at 54 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 6.30.24.

Form 990, Part III, Line 4C

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 6.30.24, the cvm short-term missions program mobilized 724 volunteers to 31 different countries on 97 short-term mission trips. These volunteers donated a total of 47,160 hours of their time, which translates to roughly $2,122,200 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 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.

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/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 FY24 WAS THE HOSTING OF OUR THIRD CVM VETERINARY CONFERENCE IN NOVEMBER 2023 WITH 891 PARTICIPANTS, WHICH WAS A SUBSTANTIAL INCREASE OVER THE PREVIOUS YEAR. THE ANNUAL CONFERENCE AIMS 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 FY24 ACHIEVEMENT WAS THE GROWTH OF THE CVM WEEKLY PODCAST, TWO ROADS CROSSING. THIS PODCAST EXPLORES THE INTERSECTION OF FAITH AND VETERINARY MEDICINE BY SHARING INTERVIEWS WITH ENGAGING SPEAKERS IN VARIOUS ROLES, CAREER PATHS, AND MINISTRIES. THE PODCAST LAUNCHED IN APRIL 2023 AND IS HOSTED THROUGH THE CVM APP AS WELL AS MANY POPULAR PODCAST HOST SITES. AT THE END OF THIS FISCAL YEAR, THE PODCAST HAD GROWN TO 813 SUBSCRIBERS AND 209 AVERAGE PLAYS PER MONTH.A THIRD MAJOR FY24 ACHIEVEMENT WAS THE CONTINUED DEVELOPMENT OF THE CVM WELLBEING INITIATIVE. A CVM WELLBEING WEBSITE WAS CREATED WWW.CVM.ORG/WELLBEING. A WELLBEING TABLE INTRODUCED ATTENDEES TO THE INITIATIVES AT THE 2023 CVM VETERINARY CONFERENCE CONNECTIONS NIGHT. WELLBEING DEVOTIONS WERE DELIVERED AS A COMMON THEME AT THE STAFF PLANNING WORKSHOP IN NOVEMBER 2023, A WELLBEING WORKSHOP WAS HOSTED AT THE WESTERN VETERINARY CONFERENCE IN FEBRUARY 2024, AND A SERIES OF 2 ROADS CROSSING PODCAST EPISODES FOCUSED ON THE 5 WELLBEING DOMAINS. A WELLBEING CHAMPIONS SMALL COHORT OF 10 LAUNCHED IN MARCH AND CONCLUDED WITH A WELLBEING RETREAT CONCURRENTLY WITH THE CVM SHORT COURSE IN MAY 2024.
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