THE WHA FOUNDATION INC (EIN 396125163) - 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

1968

Legal Domicile

Principal Officer

ERIC BORGERDING

Phone

6082741820

Tax Period

2024-01-01 to 2024-12-31

THE WHA FOUNDATION INC, founded in 1968, is a small nonprofit that reported $168K in total revenue in fiscal year 2024. Revenue surged 195% from the prior year, signaling strong growth momentum. Expenses of $207K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO CARRY ON EDUCATIONAL, LITERARY, RESEARCH, & CHARITABLE PROGRAM RELATED TO THE FIELD OF HEALTH, INCLUDING BUT NOT LIMITED TO HOSPITAL CARE & ADMINISTRATION.

🔒

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 $114,350

Program Service Revenue $0

Investment Income $53,524

Other Revenue $0

TOTAL REVENUE $167,874

Expense Breakdown

Grants Paid $83,003

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $111,017

Other Expenses $124,452

TOTAL EXPENSES $207,455

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,874	$56,873	+2.0%
Expenses	$207,455	$150,829	+0.4%
Net Income	$-39,581	$-93,956	-0.6%

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

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

$1,351,909

Total Directors

$1,351,909

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC BORGERDING	PRESIDENT	1.00	Officer Director	$0	$47,859	$1,351,909
KRISTIE MCCOIC	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JAN BAUMAN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL BERGMANN	TRUSTEE	1.00	Director	$0	$0	$0
JONI OLSON	TRUSTEE	1.00	Director	$0	$0	$0
GAIL PASARD	TRUSTEE	1.00	Director	$0	$0	$0
BRUSE ROESLER	TRUSTEE	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	$167,874	$207,455	$1,067,244	$-39,581
2023	$56,873	$150,829	$1,050,854	$-93,956
2022	$108,168	$176,151	$1,041,112	$-67,983
2021	$179,279	$129,993	$1,398,826	$49,286
2020	$49,764	$444,026	$1,359,449	$-394,262
2019	$194,702	$167,392	$1,667,083	$27,310
2018	$270,357	$169,140	$1,471,944	$101,217

THE WHA FOUNDATION INC