WOUND OSTOMY AND CONTINENCE NURSING CERTIFICATION BOARD

EIN: 330392363

MILWAUKEE, WI

Total Revenue
$1,734,853
Total Expenses
$1,754,374
Total Assets
$2,605,646
Net Assets
$2,364,730
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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
1994
Legal Domicile
CA
Principal Officer
CLAY COLLINS
Phone
4142898721
Tax Period
2024-01-01 to 2024-12-31

WOUND OSTOMY AND CONTINENCE NURSING CERTIFICATION BOARD, founded in 1994, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024.

Mission

WOCNCB SETS THE STANDARD FOR WOUND, OSTOMY, CONTINENCE, AND FOOT CARE NURSING CERTIFICATION BY VALIDATING NURSES' KNOWLEDGE TO PROVIDE SAFE, PATIENT-CENTERED CARE

Program Service Accomplishments

Program 1
Expenses: $1,504,423 Revenue: $1,730,832

NURSING CERTIFICATIONS - THE WOUND, OSTOMY AND CONTINENCE NURSING CERTIFICATION BOARD (WOCNCB) PROVIDES BOARD CERTIFICATION FOR BOTH GENERAL PRACTICE (FC) AND ADVANCED PRACTICE (AP) REGISTERED NURSES...

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NURSING CERTIFICATIONS - THE WOUND, OSTOMY AND CONTINENCE NURSING CERTIFICATION BOARD (WOCNCB) PROVIDES BOARD CERTIFICATION FOR BOTH GENERAL PRACTICE (FC) AND ADVANCED PRACTICE (AP) REGISTERED NURSES WHO SPECIALIZE IN WOUND, OSTOMY, CONTINENCE, AND FOOT CARE. CERTIFICATION IS A VOLUNTARY PROCESS THAT VALIDATES A NURSE'S SPECIALIZED KNOWLEDGE, SKILLS, AND EXPERTISE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,730,047
Investment Income $4,021
Other Revenue $785
TOTAL REVENUE $1,734,853

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,000
Fundraising Expenses $0
Program Expenses $1,504,423
Other Expenses $1,749,374
TOTAL EXPENSES $1,754,374

Year-over-Year Comparison

2024 2023 Change
Revenue $1,734,853 $1,647,855 +0.1%
Expenses $1,754,374 $1,551,662 +0.1%
Net Income $-19,521 $96,193 -1.2%
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

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Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
13

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
2
$5,000
Total Directors
12
$5,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAY COLLINS MSN APRN PRESIDENT 5.00
Officer Director
$5,000 $0 $5,000
SARAH ERSLEV MSN RN SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
JESSICA SIMMONS DNP APRN PAST-PRESIDENT 5.00
Director
$0 $0 $0
HOLLY HOVAN MSN GERO-BC BOARD MEMBER 1.00
Director
$0 $0 $0
KATHRYN KHANDAKER MSN CNP BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA SWOBODA DNP APNP BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY HARMON DNP MSN BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX ANINGALAN DNP RN BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA MCKENNA MSN RN BOARD MEMBER 1.00
Director
$0 $0 $0
SANDRA FASING MSN RN BOARD MEMBER 1.00
Director
$0 $0 $0
MOLLY MCPEEK RN BSN PUBLIC BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN SMITH BOARD MEMBER 1.00
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
2025 No data No data No data No data
2024 $1,734,853 $1,754,374 $2,605,646 $-19,521
2023 $1,647,855 $1,551,662 $2,592,914 $96,193
2022 $1,563,820 $1,425,898 $2,334,098 $137,922
2021 $1,554,240 $1,389,229 $2,312,568 $165,011
2020 $1,363,911 $1,216,344 $2,128,663 $147,567
2019 $1,507,309 $1,382,865 $1,959,517 $124,444
2018 $1,518,386 $1,360,208 $1,805,713 $158,178
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