Louisiana Veterinary Medical Association
Nonprofit profile at a glance
- EIN
- 726027344
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Baton Rouge, LA, USA
- Phone
- 2259224600
- Rating confidence
- Limited
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $451,244
- Expenses
- $385,530
- Assets
- $1,000,039
- Liabilities
- $29,378
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ADRIANNA SMITH DVM (PAST PRESIDENT)
- CLARE SCULLY DVM (PRESIDENT ELECT)
- PAMELA MITCHELL DVM (PRESIDENT)
- CLARK COOPER DVM (VICE PRESIDENT/DISTRICT 2 REPRESENTATIVE)
Highest reported compensation
- ADRIANNA SMITH DVM (PAST PRESIDENT): $1,400 total reported compensation
- DALE PEYROUX DVM (TREASURER): $900 total reported compensation
- GLEN RITTER DVM (DISTRICT 1 REPRESENTATIVE): $400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Advance the science and art of veterinary medicine and its relationship to the public's health and biological sciences and agriculture in the state of Louisiana. Promote the health of all species and to extend to the agricultural community and the community-at-large the benefits of sound and progressive leadership in the diagnosis and treatment of animals. Foster, maintain and enhance public understanding of the nature of the veterinary profession.
What it reported doing in 2024
Winter meeting. The lvma winter meeting is held over a three day period and is typically attended by more than 300 veterinarians and includes an exposition of approximately 50 vendors. Programming is offered for companion animal and large animal practitioners and a practice management track is included.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 75
- Accountability: 77
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 4th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 64.6%; rating input score 65; 45th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.6%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 2.59; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.1% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 12 board members independent · 4 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $200K in reported program spending
- Leadership: top reported pay $1K · 12 people listed
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 — Accountability: Governance controls: 4 of 8 not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.