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Environment & Animals · 2023 Form 990

Florida Veterinary Medicine Faculty Association Inc: $24.9M Revenue, $27.8M 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. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: B (71/100).

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

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
71/100

Key Facts (2023 Form 990)

Total Revenue
$24.9M
Total Expenses
$27.8M
Total Assets
$13.1M
Reserve Months
5.6 months
Surplus / (Deficit)
$-2,909,890
EIN
593609357
Latest 990 Year
2023
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

Florida Veterinary Medicine Faculty Association Inc grades a B on the NonprofitTruth efficiency rubric. 71/100 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. Operating reserves at Florida Veterinary Medicine Faculty Association Inc are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.

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. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership 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
N/A
Officer Compensation

How Florida Veterinary Medicine Faculty Association Inc Compares

Florida Veterinary Medicine Faculty Association Inc earns a NonprofitTruth efficiency grade of B (71/100). That is 8 points above the Environment & Animals category average. The organization holds 5.6 months of operating reserves.

Financials

990 Financial Snapshot

$27.8M
Total Expenses
Filing year 2023
Not reported
Officer Compensation
on this 990
5.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Florida Veterinary Medicine Faculty Association Inc reported $24.9M in revenue against $27.8M in total functional expenses for filing year 2023, holding roughly 5.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

Trend

Revenue History

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Florida Veterinary Medicine Faculty Association Inc has a NonprofitTruth Efficiency Score of B (71/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Florida Veterinary Medicine Faculty Association Inc, Donor FAQ

Florida Veterinary Medicine Faculty Association Inc has a NonprofitTruth Efficiency Score of B (71/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Current-officer compensation for Florida Veterinary Medicine Faculty Association Inc is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

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.

Florida Veterinary Medicine Faculty Association Inc holds approximately 5.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.

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 Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.