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Environment & Animals · 2023 Form 990

Florida Veterinary Medicine Faculty Association Inc: $24.9M Revenue, $21.7M Program Expenses

Gainesville, Florida · EIN 593609357 · Filing year 2023

Florida Veterinary Medicine Faculty Association Inc reported $24.9M in total revenue, $27.8M in total expenses, and $13.1M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($21.7M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (79/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

B
Efficiency Score
79/100

Key Facts (2023 Form 990)

Total Revenue
$24.9M
Total Expenses
$27.8M
Program Expenses
$21.7M
Program Expense Ratio
78.0%
Total Assets
$13.1M
Reserve Months
5.6 months
EIN
593609357
Latest 990 Year
2023
Top Officer Compensation
Not reported

Florida Veterinary Medicine Faculty Association Inc grades a B on the nonprofit efficiency rubric. 79/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Florida Veterinary Medicine Faculty Association Inc reported $24.9M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Five-year revenue trajectory is strongly positive: Florida Veterinary Medicine Faculty Association Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Florida Veterinary Medicine Faculty Association Inc works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.


$24.9M
Revenue
$27.8M
Expenses
$13.1M
Total Assets
78.0%
Program Spending

How Florida Veterinary Medicine Faculty Association Inc Compares

Florida Veterinary Medicine Faculty Association Inc directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 79/100 is 6 points above the Environment & Animals category average. The organization holds 5.6 months of operating reserves.

Financials

Where Your Donation Goes

$21.7M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
5.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Florida Veterinary Medicine Faculty Association Inc, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Florida Veterinary Medicine Faculty Association Inc has an Efficiency Score of B (79/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Florida Veterinary Medicine Faculty Association Inc, Donor FAQ

Florida Veterinary Medicine Faculty Association Inc has an Efficiency Score of B (79/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Florida Veterinary Medicine Faculty Association Inc is not reported in the most recent IRS 990 filing on file.

Florida Veterinary Medicine Faculty Association Inc reported $24.9M in annual revenue and $27.8M in total expenses for filing year 2023. The organization holds $13.1M in total assets.

For every dollar donated to Florida Veterinary Medicine Faculty Association Inc, approximately 78.0 cents goes to program activities. The organization has 5.6 months of operating reserves, providing financial stability to sustain its mission.

Florida Veterinary Medicine Faculty Association Inc is a registered 501(c) organization with EIN 593609357, based in Gainesville, Florida. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.