American College of Veterinary Pathologists Inc

Nonprofit profile at a glance

EIN
316050563
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Schaumburg, IL, USA
Phone
8473756301
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$2,499,942
Expenses
$1,782,207
Assets
$8,616,291
Liabilities
$744,255

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • DR RACHEL REAMS (PRESIDENT)
  • DR ANNE PROVENCHER (PRESIDENT ELECT (BEGAN NOV))
  • DR LAURI DIEHL (IMMEDIATE PAST PRESIDENT)
  • DR JERRY RITCHEY (IMMEDIATE PAST PRESIDENT (THRU NOV))
  • SARAH BILISSIS (EXECUTIVE DIRECTOR)

People named in this filing

  • DR AMY DURHAM (CHIEF OPERATIONS OFFICER (THRU NOV))
  • DR DERRON TONY ALVES (CHIEF OPERATIONS OFFICER)
  • DR RACHEL REAMS (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the american college of veterinary pathologists is to promote excellence in veterinary pathology through our members as they protect and improve animal, human, and environmental health to benefit society.

What it reported doing in 2024

The acvp examination certifies that candidates have completed training adequate to acquire knowledge sufficient to assume responsibility for the broad spectrum of assessment and interpretation of specimens, problems and situations encountered by veterinary pathologists. There are two certifying examinations, one for anatomic pathology and one for clinical pathology, that are recognized by the american board of veterinary specialties of the american veterinary medical association. The certifying examination is divided into two separate exams, phase i and phase ii. The phase i exam can be taken by residents following their first year of training and the phase ii certifying exam is taken at the completion of training and is needed to be certified.

Operating model

Revenue model
Other-operating. 82% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Fundraising costs are high for each dollar raised and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 89
  • Accountability: 100
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.1%; rating input score 62
  • Program expense ratio: 68.1%; rating input score 68
  • Fundraising efficiency: $3.06 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 95.8%; rating input score 96; 30th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 28.7%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 4.83; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 0.1% per year; rating input score 100; 14th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 62.1% of revenue deployed · 68.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $1.2M in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Highest-paid contractors: 2 contractors listed · $720K reported
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 9/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.