Kentucky Veterinary Medical Association Foundation
Nonprofit profile at a glance
- EIN
- 611166362
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-T 2025
- Location
- Frankfort, KY, USA
- Phone
- 5022266177
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $40,720
- Expenses
- $29,596
- Assets
- $319,510
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- MARK SMITH DVM (President)
- MIKE CROWLEY DVM (Vice President)
People named in this filing
- MARK SMITH DVM (President)
- MIKE CROWLEY DVM (Vice President)
- AARON GOODPASTER DVM (SECRETARY/TREAS)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote veterinary science & equine industry.
What it reported doing in 2025
Receive contributions to assist in funding a large animal center and provide assistance and scholarships to veterinary students.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 49% for direct work, and 51% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 73
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.2%; rating input score 49
- Program expense ratio: 67.7%; rating input score 68
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 27.3%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 10.8; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 20.7% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 49.2% of revenue deployed · 67.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $20K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2011 to 2025
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.