MULTICARE SOUTH KING HEALTH FOUNDATION

EIN: 465636491 501(c)(3)

TACOMA, WA

Total Revenue
$512,210
Total Expenses
$409,431
Total Assets
N/A
Net Assets
N/A
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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
2014
Legal Domicile
WA
Principal Officer
JAMES P MCMANUS
Phone
2534598141
Tax Period
2019-01-01 to 2019-09-01

MULTICARE SOUTH KING HEALTH FOUNDATION, founded in 2014, is a small nonprofit that reported $512K in total revenue in fiscal year 2019. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $103K, a strong 20% operating margin.

Mission

PARTNERING FOR HEALING AND A HEALTHY FUTURE THROUGH PHILANTHROPY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $456,693
Program Service Revenue $0
Investment Income $55,517
Other Revenue $0
TOTAL REVENUE $512,210

Expense Breakdown

Grants Paid $40,736
Salaries & Benefits $80,505
Fundraising Expenses $368,695
Program Expenses $40,736
Other Expenses $288,190
TOTAL EXPENSES $409,431

Year-over-Year Comparison

2019 2018 Change
Revenue $512,210 $1,134,275 -0.5%
Expenses $409,431 $683,563 -0.4%
Net Income $102,779 $450,712 -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

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Governance

Voting Members
17
Independent Members
15
Employees
1
Volunteers
15

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
6
$3,276,376
Total Directors
18
$1,522,381
Key Employees
1
$319,063
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
UMA KRISHNAN MD MEMBER, PHYSICIAN 2.00
Director
$0 $29,299 $1,035,422
CALVIN WALLACE MD TREASURER, PHYSICIAN 2.00
Officer Director
$0 $36,084 $486,959
STEPHEN ANDERSON MD MEMBER 2.00
Director
$0 $0 $0
GALE ARNDT MEMBER, PART YEAR 2.00
Director
$0 $0 $0
JULIA ATWOOD MEMBER 2.00
Director
$0 $0 $0
PAT BAILEY MEMBER 2.00
Director
$0 $0 $0
JEFF DAVIDSON MEMBER 2.00
Director
$0 $0 $0
TERRY DAVIS MEMBER 2.00
Officer Director
$0 $0 $0
AMY FORBIS VICE CHAIR 2.00
Officer Director
$0 $0 $0
DAN GLADNEY MEMBER 2.00
Director
$0 $0 $0
MARGARET HARTO MEMBER 2.00
Director
$0 $0 $0
RICK HERMANSON MEMBER 2.00
Director
$0 $0 $0
KEN LEWIS MEMBER 2.00
Director
$0 $0 $0
JERIANNE MONTGOMERY MEMBER 2.00
Director
$0 $0 $0
DENNY PIERRE MEMBER 2.00
Director
$0 $0 $0
KYLE RASCHKOW MEMBER 2.00
Director
$0 $0 $0
ROB STONE SECRETARY 2.00
Director
$0 $0 $0
JAMES TANASSE CHAIR 2.00
Officer Director
$0 $0 $0
WILLIAM ROBERTSON PRESIDENT & CEO, INT.CFO 1.00
Officer
$0 $33,112 $2,395,960
JAMES MCMANUS CFO 1.00
Officer
$0 $65,408 $393,457
DORENE YOUNG VP FOUNDATIONS 20.00
Key Emp
$0 $60,789 $319,063
MONICA HURLEY EXECUTIVE DIRECTOR 30.00
Highest
$0 $24,061 $173,275
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
2019 $512,210 $409,431 No data $102,779
2018 $1,134,275 $683,563 $3,684,595 $450,712
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