PROFESSIONAL WOMEN IN HEALTHCARE

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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

2022

Legal Domicile

Principal Officer

ALLISON THERWHANGER

Phone

3865628958

Tax Period

2023-01-01 to 2023-12-31

PROFESSIONAL WOMEN IN HEALTHCARE, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $449K in total revenue in fiscal year 2023. Revenue surged 327% from the prior year, signaling strong growth momentum.

Mission

PROVIDE EDUCATION, LEADERSHIP TRAINING, NETWORKING AND MENTORING TO WOMEN (AND MEN) IN THE HEALTHCARE SUPPLY CHAIN INDUSTRY.

Program Service Accomplishments

Program 1

THE ORGANIZATION HOLDS AN ANNUAL LEADERSHIP SUMMIT FOR BOTH ITS MEMBERS AND NON-MEMBERS FEATURING A KEYNOTE SPEAKER, AS WELL AS OTHER SPEAKERS, AND A VARIETY OF BREAKOUT SESSIONS AND NETWORKING...

THE ORGANIZATION HOLDS AN ANNUAL LEADERSHIP SUMMIT FOR BOTH ITS MEMBERS AND NON-MEMBERS FEATURING A KEYNOTE SPEAKER, AS WELL AS OTHER SPEAKERS, AND A VARIETY OF BREAKOUT SESSIONS AND NETWORKING EVENTS.

Program 2

THE ORGANIZATION PROVIDES NETWORKING OPPORTUNITIES INCLUDING 1) AN ANNUAL LEADERSHIP LUNCH AND NETWORKING EVENT THAT IS HELD IN CONJUNCTION WITH THE ANNUAL EXECUTIVE CONFERENCE HELD BY THE HEALTH...

THE ORGANIZATION PROVIDES NETWORKING OPPORTUNITIES INCLUDING 1) AN ANNUAL LEADERSHIP LUNCH AND NETWORKING EVENT THAT IS HELD IN CONJUNCTION WITH THE ANNUAL EXECUTIVE CONFERENCE HELD BY THE HEALTH INDUSTRY DISTRIBUTORS ASSOCIATION, A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE; 2) PERIODIC MEMBER COFFEE CHATS & TOUCHPOINTS THAT FEATURE DIFFERENT HEALTHCARE INDUSTRY TOPICS FOR DISCUSSION AMONG MEMBERS.

Program 3

THE ORGANIZATION PROVIDES EDUCATION AND RESOURCES TO MEMBERS THROUGH 1) WEBINARS TO KEEP ITS MEMBERS ABREAST OF HEALTCARE TRENDS AND PROVIDE INFORMATION ON HEALTHCARE TOPICS; 2) MENTORSHIP PROGRAM...

THE ORGANIZATION PROVIDES EDUCATION AND RESOURCES TO MEMBERS THROUGH 1) WEBINARS TO KEEP ITS MEMBERS ABREAST OF HEALTCARE TRENDS AND PROVIDE INFORMATION ON HEALTHCARE TOPICS; 2) MENTORSHIP PROGRAM THAT ALLOWS ITS MEMBERS TO MENTOR AND BE MENTORED TO ALLOW FOR A SAFE SPACE FOR THE MENTEES TO ASK QUESTIONS, GAIN INSIGHT, ACCEPT CONSTRUCTIVE CRITICISM AND GROW; 3)BLOG ON ITS WEBSITE WHERE ARTICLES OF PROFESSIONAL INTEREST ARE POSTED 4) PWH CONNECT JOURNAL PRODUCED 3-4 TIMES A YEAR PROVIDES ARTICLES, STORIES, AND OTHER INFORMATION TO KEEP ITS MEMBERS INFORMED, EDUCATED, AND CONNECTED.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,250

Program Service Revenue $434,811

Investment Income $0

Other Revenue $0

TOTAL REVENUE $449,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,708

Fundraising Expenses $0

Other Expenses $367,028

TOTAL EXPENSES $447,736

Year-over-Year Comparison

	2023	2022	Change
Revenue	$449,061	$105,150	+3.3%
Expenses	$447,736	$300	+1491.5%
Net Income	$1,325	$104,850	-1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICKY LYLE	PAST CHAIR	5.00	Officer Director	$0	$0	$0
ALLISON THERWHANGER	CHAIR	5.00	Officer Director	$0	$0	$0
ASHLEIGH MCLAUGHLIN	CHAIR ELECT/	5.00	Officer Director	$0	$0	$0
JESSICA WELLS	MEMBERSHIP C	5.00	Officer Director	$0	$0	$0
APRIL SHOMPER	LEADERSHIP S	5.00	Officer Director	$0	$0	$0
LAURA RELINE	SECRETARY	5.00	Officer Director	$0	$0	$0
KHAKI WEBER	MENTORING CH	5.00	Officer Director	$0	$0	$0
NATALIE MARTIN	MARKETING CH	5.00	Officer Director	$0	$0	$0
ENID OQUENDO	CULTURAL DIV	5.00	Officer Director	$0	$0	$0
JANIS DEZSO	STRATEGIC OV	5.00	Officer Director	$0	$0	$0
ERYN VERONESI	TECHNOLOGY C	5.00	Officer Director	$0	$0	$0
JENNIFER O'REILLY	CORP PARTNER	5.00	Officer Director	$0	$0	$0
JESSICA LUCIO	PROF DEVELOP	5.00	Officer 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
2024	No data	No data	No data	No data
2023	$449,061	$447,736	$106,175	$1,325
2023	No data	No data	No data	No data
2022	$105,150	$300	$104,850	$104,850