SALT LAKE CITY, UT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WESTERN INSTITUTE FOR VETERANS INSTITUTE, founded in 1989, is a community nonprofit in the Health Care sector that reported $5.7M in total revenue in fiscal year 2024. Revenue surged 1990% from the prior year, signaling strong growth momentum. Expenses of $6.5M exceeded revenue, resulting in a 14% operating deficit.
Western Institute for Veterans Research is a nonprofit corporation established in 1989 to promote research and related educational activities at the VA Salt Lake City Health Care System, by providing a flexible funding mechanism for private and public grants to support VA approved research projects.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,659,066 | $270,723 | +19.9% |
| Expenses | $6,462,084 | $6,330,966 | +0.0% |
| Net Income | $-803,018 | $-6,060,243 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jason Funderburk | Director | 1.00 |
Director
|
$0 | $0 | $535,467 |
| Susan Garstang | Treasurer | 1.00 |
Director
|
$0 | $0 | $301,508 |
| P Jon White | Director (on detail) | 1.00 |
|
$0 | $0 | $301,508 |
| Angela Williams | Director | 1.00 |
Director
|
$0 | $0 | $184,474 |
| Noel Carlson | Chairman | 1.00 |
Director
|
$0 | $0 | $108,824 |
| Anastasia Haggin | Executive Director | 40.00 |
|
$149,101 | $0 | $149,101 |
| Steven Johnson | Director, Strategy | 40.00 |
Highest
|
$201,367 | $0 | $201,367 |
| Larry Meyer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Hali O'Malley | Research Pharmacist | 40.00 |
Highest
|
$104,378 | $0 | $104,378 |
| David Bennett | Director | 1.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $5,637,350 | $6,421,017 | $9,213,898 | $-783,667 |
| 2024 | $5,673,502 | $6,462,084 | $9,219,547 | $-788,582 |
| 2024 | $5,659,066 | $6,462,084 | $9,219,547 | $-803,018 |
| 2023 | $7,542,349 | $6,330,966 | $9,581,961 | $1,211,383 |
| 2022 | $5,096,725 | $4,570,973 | $9,071,976 | $525,752 |
| 2021 | $4,202,570 | $3,599,659 | $8,203,408 | $602,911 |
| 2020 | $4,058,968 | $4,407,277 | $6,816,408 | $-348,309 |
| 2019 | $5,593,828 | $4,465,734 | $7,697,884 | $1,128,094 |
| 2018 | $4,294,958 | $4,215,016 | $6,371,791 | $79,942 |
Compare WESTERN INSTITUTE FOR VETERANS INSTITUTE with other nonprofits in Utah and across the country.