Healtheway Inc

EIN: 460739833 501(c)(3) Health Care

Vienna, VA

Total Revenue
$11,323,318
Total Expenses
$9,207,742
Total Assets
$18,515,973
Net Assets
$12,419,382
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
VA
Principal Officer
Jay Nakashima
Phone
5713273637
Tax Period
2023-01-01 to 2023-12-31

Healtheway Inc, founded in 2012, is a community nonprofit in the Health Care sector that reported $6.1M in total revenue in fiscal year 2018. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 20% operating margin.

Mission

The Organization seeks to expand the trusted, secure and interoperable exchange of health information among healthcare providers and other interested parties throughout the United States to improve patient care and public health.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,000
Program Service Revenue $10,862,114
Investment Income $389,355
Other Revenue $54,849
TOTAL REVENUE $11,323,318

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,648,669
Other Expenses $9,207,742
TOTAL EXPENSES $9,207,742

Year-over-Year Comparison

2023 2022 Change
Revenue $11,323,318 $9,893,660 +0.1%
Expenses $9,207,742 $7,846,904 +0.2%
Net Income $2,115,576 $2,046,756 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
5
Employees
N/A
Volunteers
N/A

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
5
$1,027,395
Total Directors
8
$731,912
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jay Nakashima Executive Director 40.00
Officer Director
$0 $34,973 $397,412
Debra Condrey Treasurer; Chief Operating Officer 20.00
Officer Director
$0 $27,121 $334,500
Willam Howard Board Chair 1.00
Officer Director
$0 $0 $0
Pam Mathews Vice Chair 1.00
Officer Director
$0 $0 $0
John Mattison Board Member 1.00
Director
$0 $0 $0
Tracy Rico Board Member 1.00
Director
$0 $0 $0
Paul Biondich Board Member 1.00
Director
$0 $0 $0
Lisa Bari Board Member 1.00
Director
$0 $0 $0
Alan Smith CFO 15.00
Officer
$0 $12,512 $295,483
Michael Yackanich Director, Program Integration 40.00
Highest
$0 $36,436 $258,897
Kathryn Bingman VP Interoperability 40.00
Highest
$0 $27,823 $246,310
Dawn Van Dyke VP Marketing, Sequoia 15.00
Highest
$0 $27,335 $225,069
Michael McCune Program Director, Solutions Engineer 40.00
Highest
$0 $7,279 $215,874
Patrica Russell Director, Policy & Governance 40.00
Highest
$0 $7,985 $144,651
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 No data No data No data No data
2023 $11,323,318 $9,207,742 $18,515,973 $2,115,576
2022 $9,893,660 $7,846,904 $16,604,569 $2,046,756
2021 $8,909,685 $6,856,145 $13,654,892 $2,053,540
2020 $7,981,770 $5,387,263 $10,346,689 $2,594,507
2019 $6,476,252 $3,739,107 $7,156,062 $2,737,145
2018 $6,120,911 $4,898,003 $6,150,327 $1,222,908
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