WISCONSIN HEALTHCARE ENGINEERING ASSOCIATION (EIN 391654755) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

DAN LOEST

Phone

9209265601

Tax Period

2024-01-01 to 2024-12-31

WISCONSIN HEALTHCARE ENGINEERING ASSOCIATION, founded in 1985, is a small nonprofit that reported $613K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $1.3M represent 25 months of operating reserves.

Mission

THE WISCONSIN HEALTHCARE ENGINEERING ASSOCIATION IS A PREMIER ORGANIZATION PROVIDING QUALITY EDUCATION; ADVOCACY AND OUTREACH WITHIN OUR HEALTHCARE COMMUNITY.

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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 $0

Program Service Revenue $577,817

Investment Income $30,801

Other Revenue $3,963

TOTAL REVENUE $612,581

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,433

Fundraising Expenses $0

Other Expenses $536,794

TOTAL EXPENSES $602,227

Year-over-Year Comparison

	2024	2023	Change
Revenue	$612,581	$563,351	+0.1%
Expenses	$602,227	$502,376	+0.2%
Net Income	$10,354	$60,975	-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

Volunteers

110

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
TONY BENNETT	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HELFRICH	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
SAM JAKEL	DIRECTOR	1.00	Director	$0	$0	$0
DAN LOEST	TREASURER	1.00	Officer Director	$0	$0	$0
MATT MALMIN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JENNY NELSON	SECRETARY	1.00	Officer Director	$0	$0	$0
MATT PRESTON	DIRECTOR	1.00	Director	$0	$0	$0
GRACE REDOVICH	DIRECTOR	1.00	Director	$0	$0	$0
KELSEY RICHMOND	DIRECTOR	1.00	Director	$0	$0	$0
TROY TORGERSON	DIRECTOR	1.00	Director	$0	$0	$0
JEFFERY WEBER	PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE WEBSTER	RETIRED MEMB	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
2024	$612,581	$602,227	$1,372,181	$10,354
2023	$563,351	$502,376	$1,409,355	$60,975
2022	$508,239	$395,281	$1,291,373	$112,958
2021	$463,146	$345,352	$1,188,537	$117,794
2020	$376,212	$268,032	$1,079,246	$108,180
2019	$492,611	$410,667	$963,873	$81,944
2018	$482,842	$434,625	$853,602	$48,217

WISCONSIN HEALTHCARE ENGINEERING ASSOCIATION