NATIONAL ASSOCIATION OF ADVISORS F… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

WILLIAM ANTHONY WYNNE

Phone

2173550063

Tax Period

2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION OF ADVISORS FOR THE HEALTH PROFESSIONS INC, founded in 1974, is a small nonprofit that reported $419K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $606K exceeded revenue, resulting in a 45% operating deficit.

Mission

THE NATIONAL ASSOCIATION OF ADVISORS FOR THE HEALTH PROFESSIONS SERVES AS A RESOURCE FOR THE PROFESSIONAL DEVELOPMENT OF HEALTH PROFESSIONS ADVISORS.IT IS A REPRESENTATIVE VOICE WITH HEALTH PROFESSIONS SCHOOLS AND THEIR PROFESSIONAL ASSOCIATIONS, UNDERGRADUATE INSTITUTIONS, AND OTHER HEALTH PROFESSIONS ORGANIZATIONS. THE ASSOCIATION PROMOTES HIGH STANDARDS FOR HEALTH PROFESSIONS ADVISING AT UNIVERSITIES AND COLLEGES. IT ASSISTS ADVISORS IN FOSTERING THE INTELLECTUAL , PERSONAL, AND HUMANISTIC DEVELOPMENT OF STUDENTS AS THEY PREPARE FOR CAREERS IN HEALTH PROFESSIONS.

Program Service Accomplishments

Program 1

Expenses: $15,038 Revenue: $0

PUBLICATIONS - PROVIDING INFORMATION TO APPROXIMATELY 1,800 MEMBERS THROUGH BOOKS, NEWSLETTERS , AND OTHER PUBLICATIONS

Program 2

Expenses: $318,562 Revenue: $365,204

MEMBER SERVICES - APPROXIMATELY 1,800 MEMBERS. WORKING WITH ADVISORS FOR THE HEALTH PROFESSIONS, ANNUAL MEETINGS, ETC.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,000

Program Service Revenue $365,204

Investment Income $29,755

Other Revenue $3,740

TOTAL REVENUE $418,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $356,192

Fundraising Expenses $17,427

Program Expenses $333,600

Other Expenses $249,676

TOTAL EXPENSES $605,868

Year-over-Year Comparison

	2023	2022	Change
Revenue	$418,699	$1,179,300	-0.6%
Expenses	$605,868	$944,104	-0.4%
Net Income	$-187,169	$235,196	-1.8%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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
ANNA TOGNAZZINI	REGIONAL REPRESENTATIVE	1.00	Director	$0	$0	$0
CRAIG VASKE	TREASURER	3.00	Officer Director	$0	$0	$0
DOUGLAS WATSON	REGIONAL REPRESENTATIVE	2.00	Director	$0	$0	$0
ERIN MYSZKOWSKI	SECRETARY	15.00	Officer Director	$0	$0	$0
HEIDI LANG	REGIONAL REPRESENTATIVE	3.00	Director	$0	$0	$0
JULIE CHANATRY	HISTORIAN	4.00	Director	$0	$0	$0
LAUREN ALBAUM	REGIONAL REPRESENTATIVE	15.00	Director	$0	$0	$0
LINDSEY BURDICK	ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
LOUISE RUSSO	REGIONAL REPRESENTATIVE	1.00	Director	$0	$0	$0
MICHAEL DEIBEL	PAST PRESIDENT	6.00	Officer Director	$0	$0	$0
RHONA BEATON	PRESIDENT	9.00	Officer Director	$0	$0	$0
SARAH IMAM	REGIONAL REPRESENTATIVE	1.50	Director	$0	$0	$0
SETH RAMUS	REGIONAL REPRESENTATIVE	6.00	Director	$0	$0	$0
YIL-JOON KIM	PRESIDENT-ELECT	3.00	Officer Director	$0	$0	$0
PATRICIA KREKE	REGIONAL REPRESENTATIVE	1.50	Director	$0	$0	$0
CHRISTOPHER HAMILTON	REGIONAL REPRESENTATIVE	3.00	Director	$0	$0	$0
CHARLES PAUL SCRUGGS	REGIONAL REPRESENTATIVE	3.00	Director	$0	$0	$0
GRACE CARDENAS LEAL	REGIONAL REPRESENTATIVE	2.00	Director	$0	$0	$0
WILLIAM ANTHONY WYNNE	EXECUTIVE DIRECTOR	40.00	Highest	$126,103	$0	$126,103

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$418,699	$605,868	$1,742,529	$-187,169
2022	$1,179,300	$944,104	$1,607,951	$235,196
2021	$397,297	$546,757	$1,466,718	$-149,460
2020	$541,448	$556,233	$1,514,458	$-14,785
2019	$459,860	$612,491	$1,566,582	$-152,631
2018	$1,321,160	$886,050	$1,655,635	$435,110

NATIONAL ASSOCIATION OF ADVISORS FOR THE HEALTH PROFESSIONS INC