Central Arizona Society for Health… - 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

2008

Legal Domicile

Principal Officer

THOMAS CHASTY

Phone

6026928631

Tax Period

2024-01-01 to 2024-12-31

Central Arizona Society for Healthcare Engineering, founded in 2008, is a small nonprofit that reported $251K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum.

Mission

OUR MISSION IS TO ENCOURAGE AND ASSIST MEMBERS TO DEVELOP THEIR KNOWLEDGE AND INCREASE THEIR COMPETENCE IN THE FIELDS RELATED TO HEALTHCARE FACILITIES AND A PLACE TO EXCHANGE IDEAS AND NETWORK. WE ALSO SERVE IN AN ADVOCACY ROLE ON BEHALF OF MEMBERS IN THE DEVELOPMENT OF CODES, REGULATIONS, AND LEGISLATIONS THAT AFFECT HEALTHCARE.

Program Service Accomplishments

Program 1

PROVIDED SCHOLARSHIPS TO TRADE STUDENTS AT EAST VALLEY INSTITUTE OF TECHNOLOGY AND WEST MEC, TOTALING 16,500. PROVIDED 30 HOURS OF EDUCATIONAL OPPORTUNITY FOR HEALTHCARE FACILITIES ENGINEERS...

PROVIDED SCHOLARSHIPS TO TRADE STUDENTS AT EAST VALLEY INSTITUTE OF TECHNOLOGY AND WEST MEC, TOTALING 16,500. PROVIDED 30 HOURS OF EDUCATIONAL OPPORTUNITY FOR HEALTHCARE FACILITIES ENGINEERS, INCLUDING A 2-DAY EDUCATIONAL EVENT. ALSO PROVIDED CHFM EXAM PREP OPPORTUNITIES FOR HEALTHCARE FACILITY PROFESSIONALS SEEKING ACCREDITATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $44,411

Program Service Revenue $212,175

Investment Income $7

Other Revenue $-5,163

TOTAL REVENUE $251,430

Expense Breakdown

Grants Paid $16,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $243,958

TOTAL EXPENSES $260,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$251,430	$132,741	+0.9%
Expenses	$260,458	$190,129	+0.4%
Net Income	$-9,028	$-57,388	-0.8%

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

N/A

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
ROMULO ARGUELLES	PRESIDENT	002.00	Officer Director	$0	$0	$0
ANDREW ACCOLA	VICE-PRESIDENT	002.00	Officer Director	$0	$0	$0
THOMAS CHASTY	TREASURER	004.00	Officer Director	$0	$0	$0
AMY ZITNY	SECRETARY	004.00	Officer Director	$0	$0	$0
PATRICK KENDRICK	PAST PRESIDENT	002.00	Officer Director	$0	$0	$0
ERIN BOYLAN	DIRECTOR	002.00	Director	$0	$0	$0
REBECCA MANHARDT	DIRECTOR	002.00	Director	$0	$0	$0
NIKKI YOCHUM	DIRECTOR	002.00	Director	$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
2024	$251,430	$260,458	$231,157	$-9,028
2023	$132,741	$190,129	$240,185	$-57,388
2022	$206,409	$151,532	$297,573	$54,877
2021	$129,362	$96,709	$242,696	$32,653
2020	$73,250	$49,844	$210,043	$23,406
2019	$172,867	$169,484	$186,787	$3,383
2018	$172,376	$135,077	$183,254	$37,299

Central Arizona Society for Healthcare Engineering