WOMEN IN HEALTHCARE INC

EIN: 811247720 Community Improvement

ELLICOTT CITY, MD

Total Revenue
$596,258
Total Expenses
$316,860
Total Assets
$649,511
Net Assets
$649,511
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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
2018
Legal Domicile
MD
Principal Officer
ASHLEY SCHMIDT
Phone
4105300024
Tax Period
2023-01-01 to 2023-12-31

WOMEN IN HEALTHCARE INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $596K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $279K, a strong 47% operating margin.

Mission

THE PURPOSE OF THE WOMEN IN HEALTHCARE ORGANIZATION IS TO PROMOTE THE ROLES AND RESPONSIBILITIES OF FEMALES IN THE HEALTHCARE INDUSTRY, EMPOWERING ONE ANOTHER TO MENTOR GROWTH AND SUPPORT BUSINESS THROUGH SHARING SUCCESSFUL TECHNIQUES, CONTACTS, PRODUCTS AND SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $596,258
Investment Income $0
Other Revenue $0
TOTAL REVENUE $596,258

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $316,860
Other Expenses $316,860
TOTAL EXPENSES $316,860

Year-over-Year Comparison

2023 2022 Change
Revenue $596,258 $458,260 +0.3%
Expenses $316,860 $267,199 +0.2%
Net Income $279,398 $191,061 +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
12
Independent Members
12
Employees
N/A
Volunteers
12

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY SCHMIDT IMMEDIATE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
KAREN FREEMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
KAYLA MCCAUSE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
DANIELLE FORD TREASURER 2.00
Officer Director
$0 $0 $0
BETH MULLER SECRETARY 2.00
Officer Director
$0 $0 $0
JALANA MCCASLAND BOARD MEMBER 2.00
Director
$0 $0 $0
OLIVIA SCHLABACH BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE MADER BOARD MEMBER 2.00
Director
$0 $0 $0
SARAH MCNALLY BOARD MEMBER 2.00
Director
$0 $0 $0
PAM BORSOS BOARD MEMBER 2.00
Director
$0 $0 $0
JAIME EPPLER BOARD MEMBER 2.00
Director
$0 $0 $0
SARAH KLEINHAMPLE BOARD MEMBER 2.00
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
2023 $596,258 $316,860 $649,511 $279,398
2022 $458,260 $267,199 $347,313 $191,061
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