LEADINGAGE WASHINGTON

EIN: 510176005 501(c)(3) Health Care

TACOMA, WA

Total Revenue
$2,176,754
Total Expenses
$1,860,008
Total Assets
$6,015,814
Net Assets
$1,718,372
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
WA
Principal Officer
GLEN MELIN
Phone
2539648870
Tax Period
2024-01-01 to 2024-12-31

LEADINGAGE WASHINGTON, founded in 1968, is a community nonprofit in the Health Care sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.9M left a modest 15% surplus.

Mission

A NOT-FOR-PROFIT ASSOCIATION FOCUSED ON SENIOR LIVING AND CARE PROVIDERS. THE PURPOSE OF THE ASSOCIATION IS TO PROMOTE SOCIAL RESPONSIBILITY, QUALITY, AND INNOVATION TO ADVANCE THE FUTURE OF AGING SERVICES.

Program Service Accomplishments

Program 1
Expenses: $344,135 Revenue: $356,350

EDUCATION, AWARDS AND SCHOLARSHIPS. EDUCATING MEMBERS AND OTHER AGING SERVICES PROFESSIONALS ON BEST PRACTICES, QUALITY ADVANCEMENTS, NEW REGULATIONS, INNOVATIONS IN AGING SERVICES, ETC. AWARDS: THE...

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EDUCATION, AWARDS AND SCHOLARSHIPS. EDUCATING MEMBERS AND OTHER AGING SERVICES PROFESSIONALS ON BEST PRACTICES, QUALITY ADVANCEMENTS, NEW REGULATIONS, INNOVATIONS IN AGING SERVICES, ETC. AWARDS: THE LEADINGAGE WASHINGTON AWARDS PROGRAM RECOGNIZES THOSE INDIVIDUALS AND ORGANIZATIONS THAT HAVE MADE AN OUTSTANDING CONTRIBUTION IN THE FIELDS OF AGING, HEALTH CARE, HOUSING, AND COMMUNITY-BASED SERVICES AND IS OUR WAY OF SAYING THANK YOU TO THOSE WHO DO MORE THAN WHAT IS MERELY EXPECTED OF THEM, WHO DO THE RIGHT THINGS FOR THE RIGHT REASONS. SCHOLARSHIPS: THIS SCHOLARSHIP PROGRAM REPRESENTS MEMBER ORGANIZATIONS INTERESTED IN QUALITY RESIDENT CARE AND A COMMITMENT TO THE EMPLOYEES WHO ARE IN PURSUIT OF NURSING EXCELLENCE AND A CAREER IN THE LONG-TERM HEALTH CARE PROFESSION.

Program 2
Expenses: $242,023 Revenue: $527,484

RETROSPECTIVE RATING MEMBER SERVICES - OPERATION OF WORKERS' COMPENSATION RETROSPECTIVE RATING PROGRAM TO INCLUDE DEVELOPING SAFETY PROGRAMS AND PROCEDURES; EDUCATING MEMBERS ON SAFE WORK PRACTICES...

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RETROSPECTIVE RATING MEMBER SERVICES - OPERATION OF WORKERS' COMPENSATION RETROSPECTIVE RATING PROGRAM TO INCLUDE DEVELOPING SAFETY PROGRAMS AND PROCEDURES; EDUCATING MEMBERS ON SAFE WORK PRACTICES, TRAINING EMPLOYEES AND MANAGEMENT TEAMS IN SAFETY AND CLAIMS PROCEDURES; DEVELOPMENT OF APPROVED LIGHT DUTY JOB DESCRIPTIONS; CLAIMS MANAGEMENT; AND ADMINISTRATION OF RETROSPECTIVE REFUNDS.

Program 3
Expenses: $15,424 Revenue: $2,544

INFORMATION RESOURCE SERVICES - INCLUDES DISSEMINATING INFORMATION ON PAYMENT ISSUES AND METHODS, BILLING AND OTHER FISCAL POLICY AREAS; RESEARCH, REVIEW, ANALYZE AND TRACK LEGISLATION AND...

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INFORMATION RESOURCE SERVICES - INCLUDES DISSEMINATING INFORMATION ON PAYMENT ISSUES AND METHODS, BILLING AND OTHER FISCAL POLICY AREAS; RESEARCH, REVIEW, ANALYZE AND TRACK LEGISLATION AND REGULATIONS; EDUCATING MEMBERS ON DEVELOPMENT OF OPERATIONAL POLICIES AND PROCEDURES.

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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 $1,071,094
Program Service Revenue $951,384
Investment Income $81,569
Other Revenue $72,707
TOTAL REVENUE $2,176,754

Expense Breakdown

Grants Paid $11,000
Salaries & Benefits $872,841
Fundraising Expenses $0
Program Expenses $1,508,437
Other Expenses $976,167
TOTAL EXPENSES $1,860,008

Year-over-Year Comparison

2024 2023 Change
Revenue $2,176,754 $1,991,550 +0.1%
Expenses $1,860,008 $1,972,558 -0.1%
Net Income $316,746 $18,992 +15.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
7
Volunteers
89

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
7
$557,333
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN BOYAR DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
DIANNA REELY DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
KETTY HSIEH DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
LYNETTE LADENBURG IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
BILL STRADER SECRETARY 1.00
Officer Director
$0 $0 $0
ASHLEY HEALEY DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
GARY DEWHIRST DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
DON SMITH JR STRATEGIC APPOINTMENT 0.50
Director
$0 $0 $0
SHANNON FINEGOOD STRATEGIC APPOINTMENT 0.50
Director
$0 $0 $0
HEATHER TURNER DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
JIM MAXWELL CHAIR-ELECT 0.50
Officer Director
$0 $0 $0
KEVIN MCNAMARA DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
GRANT LINACRE CHAIR 1.00
Officer Director
$0 $0 $0
HEATHER LEWIS DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
JEN DRAKE DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
MATTHEW POWONDRA DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
MATT FLEMING DIRECTOR/TRUSTEE 0.50
Director
$0 $0 $0
JUDY DUNN TREASURER 0.50
Officer Director
$0 $0 $0
DEBORAH MURPHY CEO 40.00
Officer
$403,810 $35,812 $439,622
GLEN MELIN CEO 40.00
Officer
$104,046 $13,665 $117,711
LAURA HOFMANN DIRECTOR OF CLINICAL & NUR 40.00
Highest
$131,144 $36,063 $167,207
ALYSSA ODEGAARD VICE PRESIDENT 40.00
Highest
$119,866 $18,107 $137,973
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 $2,176,754 $1,860,008 $6,015,814 $316,746
2023 $1,991,550 $1,972,558 $6,639,470 $18,992
2022 $1,791,054 $1,964,389 $7,118,716 $-173,335
2021 $1,814,398 $1,757,000 $5,167,027 $57,398
2020 $1,782,409 $1,730,177 $5,741,285 $52,232
2019 $2,863,254 $2,940,144 $7,234,855 $-76,890
2018 $2,030,228 $1,934,265 $6,031,405 $95,963
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