Civic Intelligence

Association for Vascular Access Ava

990 • Fiscal year 2019 • EIN 94-3055252

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

5526 West 13400 SouthHerriman, UT 84096

(877) 924-2821

Siviq Scores

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

Liabilities / Assets

56th percentile

0.15x

Higher debt load relative to assets than 56% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

48th percentile

0.10x

Higher debt load relative to revenue than 48% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Source year 2019

Net Margin

52nd percentile

2.8%

Higher net margin than 52% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

76th percentile

$246,949

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2019 filings • NTEE E • $1M-$5M nonprofits • Source year 2019

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

88th percentile

45%

Faster revenue growth than 88% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,867,613

Up $237,198 (+15%) from 2018

Net Assets

Up

$1,580,516

Up $77,058 (+5.1%) from 2018

Liabilities

Up

$287,097

Up $160,140 (+126%) from 2018

Revenue

Up

$2,794,925

Up $861,350 (+45%) from 2018

Expenses

Up

$2,717,867

Up $393,289 (+17%) from 2018

Net Income

Up

$77,058

Up $468,061 (+120%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,867,127Liabilities 2011: $51,117Net Assets 2011: $1,816,0102011Assets 2012: $2,048,443Liabilities 2012: $222,392Net Assets 2012: $1,826,0512012Assets 2013: $2,042,412Liabilities 2013: $109,627Net Assets 2013: $1,932,7852013Assets 2014: $2,040,631Liabilities 2014: $125,799Net Assets 2014: $1,914,8322014Assets 2015: $2,223,232Liabilities 2015: $165,296Net Assets 2015: $2,057,9362015Assets 2016: $2,207,714Liabilities 2016: $175,587Net Assets 2016: $2,032,1272016Assets 2017: $2,079,934Liabilities 2017: $185,473Net Assets 2017: $1,894,4612017Assets 2018: $1,630,415Liabilities 2018: $126,957Net Assets 2018: $1,503,4582018Assets 2019: $1,867,613Liabilities 2019: $287,097Net Assets 2019: $1,580,5162019Assets 2020: $1,937,367Liabilities 2020: $247,562Net Assets 2020: $1,689,8052020Assets 2021: $2,301,477Liabilities 2021: $300,716Net Assets 2021: $2,000,7612021Assets 2022: $1,980,094Liabilities 2022: $194,561Net Assets 2022: $1,785,5332022Assets 2023: $1,840,376Liabilities 2023: $213,652Net Assets 2023: $1,626,7242023Assets 2024: $1,832,315Liabilities 2024: $382,157Net Assets 2024: $1,450,1582024

Highlighted filing

2019

Assets$1,867,613
Liabilities$287,097
Net Assets$1,580,516

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,962,003Expenses 2011: $1,655,059Net Income 2011: $306,9442011Revenue 2012: $1,936,524Expenses 2012: $1,926,483Net Income 2012: $10,0412012Revenue 2013: $1,900,975Expenses 2013: $1,794,241Net Income 2013: $106,7342013Revenue 2014: $1,847,040Expenses 2014: $1,864,993Net Income 2014: -$17,9532014Revenue 2015: $1,985,303Expenses 2015: $1,842,199Net Income 2015: $143,1042015Revenue 2016: $2,136,961Expenses 2016: $2,162,770Net Income 2016: -$25,8092016Revenue 2017: $2,134,412Expenses 2017: $2,272,078Net Income 2017: -$137,6662017Revenue 2018: $1,933,575Expenses 2018: $2,324,578Net Income 2018: -$391,0032018Revenue 2019: $2,794,925Expenses 2019: $2,717,867Net Income 2019: $77,0582019Revenue 2020: $1,421,349Expenses 2020: $1,312,060Net Income 2020: $109,2892020Revenue 2021: $1,706,443Expenses 2021: $1,395,487Net Income 2021: $310,9562021Revenue 2022: $1,933,392Expenses 2022: $2,148,620Net Income 2022: -$215,2282022Revenue 2023: $2,471,274Expenses 2023: $2,630,083Net Income 2023: -$158,8092023Revenue 2024: $2,446,166Expenses 2024: $2,622,732Net Income 2024: -$176,5662024

Highlighted filing

2019

Revenue$2,794,925
Expenses$2,717,867
Net Income$77,058
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$2,794,925
Mission and Program Overview

Mission

AVA is an association of healthcare professionals founded to promote the emerging vascular access specialty. AVA's mission is to distinguish the vascular access specialty and define standards of vascular access through an evidence-based approach to enhance healthcare outcomes. Today, its multidisciplinary membership advances research, provides professional and public education to shape practice and enhance patient outcomes, and partners with the device manufacturing community to bring about evidence-based innovations in vascular access.

The mission of AVA is to lead healthcare by protecting patients and providers to improve lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,199,602$1,077,396▼ $122,206
Savings and Temporary Cash Investments$31,882$427,457▲ $395,575
Cash and Non-Interest-Bearing Accounts$142,496$183,574▲ $41,078
Accounts Receivable$79,422$168,465▲ $89,043
Prepaid Expenses and Deferred Charges$169,446$5,389▼ $164,057
Land, Buildings, and Equipment, Net$7,567$5,332▼ $2,235
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,630,415$1,867,613▲ $237,198
Other Assets Total-$0-
Liabilities
Deferred Revenue$100,177$250,332▲ $150,155
Other Liabilities$26,780$36,765▲ $9,985
Total Liabilities$126,957$287,097▲ $160,140
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,503,353$1,580,411▲ $77,058
Net Assets With Donor Restrictions$105$105→ $0
Total Net Assets Fund Balance$1,503,458$1,580,516▲ $77,058
Total Liabilities and Net Assets / Fund Balance$1,630,415$1,867,613▲ $237,198

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,332$14,842$20,174
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ramzy NasrallahCEOFT$222,676$24,273$246,949
Judy Thompson MSNDirector Clinical Ed.FT$135,508-$135,508
Tonya HutchisonCOOFT$129,922$5,000$134,922
Revenue and Support

Revenue Composition

Contributions and Grants
$581,762
Program Service Revenue
$2,052,781
Investment Income
$160,382
Other Revenue
$0
Change in Net Assets
$77,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,811,071
Salaries, Compensation, and Employee Benefits$906,796
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,350,677--$1,350,677
Other Salaries and Wages$346,445$223,651-$570,096
Current Officers, Directors, Trustees, and Key Employees-$232,676-$232,676
Travel-$109,380-$109,380
Payroll Taxes$26,503$31,606-$58,109
Other Employee Benefits$20,661$25,254-$45,915
Other Expenses$69,473$44,375-$44,375
Fees for Services Legal-$20,718-$20,718
All Other Expenses-$12,146-$12,146
Insurance-$9,970-$9,970
Fees for Services Accounting-$7,273-$7,273
Depreciation Depletion-$3,570-$3,570
Total Functional Expenses$1,932,760$785,107$0$2,717,867
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$36,765
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
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

AVA requires annual elections where all members may vote online. AVA's Board Development Committee oversees the annual elections for officers and directors as well as any policy or organizational changes.

Form 990, Part VI, Line 11B: Form 990 Review Process

All of AVA's key employees, including the CEO, review its annual Form 990 for accuracy and to ensure that all data is as accurate as possible. In addition, the Form 990 is reviewed by AVA's officers and directors-at-large before it is filed to ensure the board's agreement with its contents.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each officer and director is required to sign the "Policy on Avoidance of Conflict of Interest, Loyalty and Confidentiality" annually.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

AVA's governing body, its board of directors, actively participates in all compensation-related discussions. Moreover, the board approves all compensation-related decisions for the organization's CEO, the top management official, as well as for all staff members. The board uses data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. Further, the board keeps record of contemporaneous documentation and record keeping with respect to decisions regarding the compensation arrangement.At her/his discretion, AVA's president can receive up to $10,000 in annual compensation. However this amount can be waived. None of AVA's other officers or directors are compensated for their services since these positions are voluntary.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVA will provide its governing documents, conflict of interest policy, annual information returns and financial statements upon request. AVA's bylaws are available on the organization's web site, www.avainfo.org. The Treasurer's Report is part of the Annual Business Meeting Agenda at the annual AVA conference. AVA contracts with an independent accounting firm which conducts an annual audit of its books and records; this report is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Association for Vascular Access AVA
EIN
94-3055252
Phone
8779242821
Address
5526 West 13400 South, Herriman, UT 84096

Signing Officer

Name
Tonya Hutchison
Title
COO
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
8
Volunteers
50

Preparer

Firm
Simmons & Company A Professional CPA Corp
Address
2494 South 1300 East, Salt Lake City, UT 84106
Preparer
Marc L Simmons CPA
Phone
8014862731
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IRS990/Desc0Annual Conference - From October 4-7, 2019, approximately 1,026 clinical vascular access professionals and leaders participated in AVA's 33rd annual conference in Las Vegas, Nevada. In addition to the opportunity for professionals to network with each other, many lectures and workshops included the following topics:-Ultrasound Guided PIV Insertion-Being a Pioneer in Vascular Access-A Conversation for Fostering Connections Between Clinicians and Patients-The GAVeCeLT Protocol for Choosing the Most Appropriate Venous Access Device-Sustaining CLABSI Reduction Through Performance Monitoring-How to Develop a PICC Program Through Multidisciplinary Collaboration-Survive, Thrive or Dropout: The Second Victim in Health Care Patient Safety Events-VAST CPT Codes for 2019 and Beyond-Management of IVDU Patients with Central Venous Catheters-Inadvertent Arterial Puncture: Now What?-Identification and Management of Children with Difficult Peripheral Venous Access-Looking For a Way to Decrease DVT's and Infections? Try This!The general sessions throughout the week informed professionals about the latest scientific information in infection prevention, pathophysiology of endothelial health, PICC/vascular access in acute care settings, dialysis catheters, patient safety, and standards of infusion therapy. Breakout sessions provided more specific access topics and workshops.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Other Programs -ISAVE That Line Campaign:AVA launched the ISAVE That Line campaign in 2006 to bring crucial principles of vascular access device management directly to the bedside. Putting patients first, ISAVE encourages and emphasizes a back to basics approach, essential to reducing the risk of infection and improving the management of all vascular access devices.Spearheaded by the late Janet DeLong Pettit, MSN, RNC, NNP, the goal is to not only simplify the education for professionals providing vascular access care and maintenance, but to deliver these strategies with optimal and unrelenting compliance.In 2018, AVA launched the redesigned ISAVE campaign branding and increased the reach of this important massage, both through co-branded efforts with industry as well as through the debut of the ISAVE That Pod cast show. These efforts brought AVAs multidisciplinary approach and focus on best practices through the airwaves, reaching more clinicians and patients than ever before. The co-branded ISAVE assets for corporate members became a standard offering in AVAs Industry Partner benefits package in 2018.AVA Academy:In October 2018 AVA and The Clinician Exchange created a partnership to develop a global education hub for the vascular access specialty. The AVA Academy blueprint was designed to deliver cutting edge training, critically-acclaimed presentations from AVA scientific meetings, journal review courses and much more further than ever before in AVAs history. AVA Academy launched on April 2, 2019.Intravascular Quarterly:In 2018 AVA re-branded and relaunched its member newsletter (previously, eVAN) as Intravascular Quarterly (IQ). Published four times a year, IQ is free during its current quarter with the archive an exclusive member benefit.IQ keeps vascular access professionals up-to-date on important AVA news and the latest technological and educational information. It is a great tool for members; they can read it online, or print an issue and take it with them to read on-the-go.AVA uses IQ as a collaborative tool for association partners to cross-publish for broader audiences, as well as a platform for healthcare and corporate stakeholders in vascular access to share innovations, success stories and best practices.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Publication of JAVA (Journal of the Association for Vascular Access) - AVA continued publication of the professional journal which provides a forum for educational information in the profession of vascular access management. As of January 1, 2019, AVA resumed self-publishing JAVA which had been previously outsourced. The journal has a quarterly circulation of approximately 3,100.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.38$1.45$2.45$2.62$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.84$0.21$1.63$2.47$2.63$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.19$1.79$1.93$2.15$0.22
2021Detailed filing. Detailed filing data is available for this year.$2.30$0.30$2.00$1.71$1.40$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.25$1.69$1.42$1.31$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.87$0.29$1.58$2.79$2.72$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.63$0.13$1.50$1.93$2.32$0.39
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.19$1.89$2.13$2.27$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.21$0.18$2.03$2.14$2.16$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.22$0.17$2.06$1.99$1.84$0.14
2014Detailed filing. Detailed filing data is available for this year.$2.04$0.13$1.91$1.85$1.86$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.04$0.11$1.93$1.90$1.79$0.11
2012Summary only. Only limited summary data is available for this year.$2.05$0.22$1.83$1.94$1.93$0.01
2011Summary only. Only limited summary data is available for this year.$1.87$0.05$1.82$1.96$1.66$0.31