HEALTHCARE LEADERS ASSOCIATION OF VIRGINIA INC

EIN: 541878008

COCKEYSVILLE, MD

Total Revenue
$182,411
Total Expenses
$235,931
Total Assets
$93,919
Net Assets
$93,919
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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
1974
Legal Domicile
VA
Principal Officer
JACK MORANA
Phone
4105270780
Tax Period
2025-01-01 to 2025-12-31

HEALTHCARE LEADERS ASSOCIATION OF VIRGINIA INC, founded in 1974, is a small nonprofit that reported $182K in total revenue in fiscal year 2025. Revenue decreased 19% compared to the prior year. Expenses of $236K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE MISSION OF HEALTHCARE LEADERS ASSOCIATION OF VIRGINIA IS TO ADVANCE MEDICAL PRACTICE MANAGEMENT,SO AS TO IMPROVE THE DELIVERY OF HEALTHCARE. A KEY ELEMENT IN ACHIEVING THIS GOAL IS EDUCATION. HEALTHCARE LEADERS ASSOCIATION OF VIRGINIA IS WELL-RESPECTED FOR ITS HIGH-QUALITY CONTINUING EDUCATIONAL PROGRAMS HELD REGULARLY, IN CITIES THROUGHOUT THE COMMONWEALTH. WE OFFER HEALTH CARE MANAGERS A FORUM FOR ADDRESSING ISSUES RELATED TO THE HEALTHCARE INDUSTRY AND PROVIDE NETWORKING AND CONTINUING EDUCATION OPPORTUNITIES TO MEMBERS, THEREBY IMPROVING MANAGEMENT IN MEDICAL PRACTICES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $177,059
Investment Income $4,246
Other Revenue $1,106
TOTAL REVENUE $182,411

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $235,931
TOTAL EXPENSES $235,931

Year-over-Year Comparison

2025 2024 Change
Revenue $182,411 $224,580 -0.2%
Expenses $235,931 $339,934 -0.3%
Net Income $-53,520 $-115,354 -0.5%
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
11
Independent Members
11
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA DIAZ PAST PRESIDE 1.00
Director
$0 $0 $0
JACK MORANA PRESIDENT 2.00
Officer Director
$0 $0 $0
DEIDRA MANN SECRETARY 2.00
Officer Director
$0 $0 $0
ALKA KUMAR VICE PRESIDE 2.00
Officer Director
$0 $0 $0
COLLEEN MATHIAS TREASURER 2.00
Officer Director
$0 $0 $0
CINZIA LAWRENCE DIRECTOR 1.00
Director
$0 $0 $0
JAMMIE MATTHEWS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER KING DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DUDLEY DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN TRUITT CMPE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BLACKWOOD DIRECTOR 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
2025 $182,411 $235,931 $93,919 $-53,520
2024 $224,580 $339,934 $152,594 $-115,354
2023 $227,017 $182,940 $262,798 $44,077
2022 $230,623 $222,846 $218,721 $7,777
2021 $159,466 $173,615 $210,944 $-14,149
2020 $194,881 $186,008 $225,097 $8,873
2019 $299,589 $329,881 $216,224 $-30,292
2018 $182,994 $258,534 $246,516 $-75,540
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