Washington Association of Accounting (EIN 237315013) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

Rachel Mohn

Phone

5099332307

Tax Period

2024-07-01 to 2025-06-30

Washington Association of Accounting, founded in 1970, is a small nonprofit that reported $197K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $232K exceeded revenue, resulting in a 18% operating deficit.

Mission

Professional Development of Members

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,475

Program Service Revenue $149,031

Investment Income $9,645

Other Revenue $0

TOTAL REVENUE $197,151

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,597

Fundraising Expenses $0

Program Expenses $207,247

Other Expenses $157,246

TOTAL EXPENSES $231,843

Year-over-Year Comparison

	2024	2023	Change
Revenue	$197,151	$220,879	-0.1%
Expenses	$231,843	$269,177	-0.1%
Net Income	$-34,692	$-48,298	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bob McKinley	Director	1.00	Director	$0	$0	$0
Angie Zito	Director	1.00	Director	$0	$0	$0
Jeremy Saladino	Director	1.00	Director	$0	$0	$0
Wilbur Kruse	Director	1.00	Director	$0	$0	$0
Justin Long	Director	1.00	Director	$0	$0	$0
Vern Rozelle	Director	1.00	Director	$0	$0	$0
Erik Seholm	President Elect	1.00	Officer	$0	$0	$0
Kirsten Roebuck	President	3.00	Officer	$0	$0	$0
Risa Harshbarger	Treasurer	1.00	Officer	$0	$0	$0
Rachel Mohn	Current Treasurer	3.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$197,151	$231,843	$291,179	$-34,692
2023	$205,081	$284,073	$352,283	$-78,992
2023	No data	No data	No data	No data
2022	$208,512	$199,338	$429,011	$9,174
2021	$219,994	$178,558	$452,772	$41,436
2020	$275,544	$232,045	$393,997	$43,499
2019	$301,527	$294,315	$348,812	$7,212
2018	$292,422	$244,897	$332,333	$47,525

Washington Association of Accounting