Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,574,732

• 3 · Investment income

  total $92,171 · unrelated business $0 · excluded $92,171

• 7a · Gross sales of assets other than inventory

  securities $61,007

• 7c · Gain or loss

  securities $61,007

• 7d · Net gain or loss

  total $61,007 · related or exempt $0 · unrelated business $0 · excluded $61,007

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $17,803 · program services $17,803

• 2 · Grants to domestic individuals

  total $40,760 · program services $40,760

• 7 · Other salaries and wages

  total $149,363 · program services $91,112 · management and general $4,480 · fundraising $53,771

• 9 · Other employee benefits

  total $31,451 · program services $19,185 · management and general $943 · fundraising $11,323

• 10 · Payroll taxes

  total $12,902 · program services $7,870 · management and general $387 · fundraising $4,645

• 11f · Fees: investment management

  total $25,159 · program services $0 · management and general $25,159 · fundraising $0

• 11g · Fees: other

  total $30,670 · program services $7,250 · management and general $12,149 · fundraising $11,271

• 13 · Office expenses

  total $79,035 · program services $35,076 · management and general $37,047 · fundraising $6,912

• 16 · Occupancy

  total $19,833 · program services $12,098 · management and general $595 · fundraising $7,140

• 17 · Travel

  total $31,963 · program services $26,172 · management and general $5,791 · fundraising $0

• 22 · Depreciation, depletion and amortization

  total $5,317 · program services $3,243 · management and general $160 · fundraising $1,914

• 23 · Insurance

  total $2,814 · program services $1,717 · management and general $84 · fundraising $1,013

• 24a · Other expenses: LEAP PROGRAM

  total $187,422 · program services $187,422 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $54,704 · end of year $160,334

• 4 · Accounts receivable

  end of year $2,896

• 9 · Prepaid expenses and deferred charges

  beginning of year $35,667 · end of year $28,989

• 10a · Land, buildings and equipment: cost or other basis

  $63,179

• 10b · Land, buildings and equipment: accumulated depreciation

  $60,216

• 10c · Land, buildings and equipment, net

  beginning of year $8,280 · end of year $2,963

• 11 · Investments: publicly traded securities

  beginning of year $3,218,211 · end of year $4,656,474

• 17 · Accounts payable and accrued expenses

  beginning of year $75,197 · end of year $77,118

• 27 · Net assets without donor restrictions

  beginning of year $2,576,714 · end of year $3,273,528

• 28 · Net assets with donor restrictions

  beginning of year $664,951 · end of year $1,501,010

The filer's explanations (Part III)

Pt I Line 3

ALL COMPENSATION PAID BY THE TEXAS VETERINARY MEDICAL ASSOCIATION.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• TVMA INC

  C · SALES · TX · 0% owned