WASHINGTON ACADEMY OF FAMILY PHYSI… - Form 990 Financial Data

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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

1949

Legal Domicile

Principal Officer

KIM MCCAULOU

Phone

4257473100

Tax Period

2024-07-01 to 2025-06-30

WASHINGTON ACADEMY OF FAMILY PHYSICIANS, founded in 1949, is a small nonprofit that reported $943K in total revenue in fiscal year 2024.

Mission

WASHINGTON ACADEMY OF FAMILY PHYSICIANS IS A MEMBER ORGANIZATION COMMITTED TO ADVANCING AND SUPPORTING FAMILY PHYSICIANS IN PROVIDING OPTIMAL HEALTH CARE FOR ALL PEOPLE IN WASHINGTON STATE.

Program Service Accomplishments

Program 1

WAFP ADVOCATES FOR AND SUPPORTS FAMILY PHYSICIANS.

Program 2

WAFP PRODUCES AND DISTRIBUTES REGULAR COMMUNICATIONS TO ALL MEMBERS FOR PROVIDING TIMELY AND RELEVANT INFORMATION REGARDING THE PRACTICE OF FAMILY MEDICINE.

Program 3

WAFP PROMOTES HIGH STANDARDS IN FAMILY MEDICINE THROUGH LEADERSHIP AND INFORMATION CONFERENCES, ADVOCACY, AND EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $23,100

Program Service Revenue $858,905

Investment Income $53,840

Other Revenue $7,490

TOTAL REVENUE $943,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $481,982

Fundraising Expenses $0

Other Expenses $488,744

TOTAL EXPENSES $970,726

Year-over-Year Comparison

	2024	2023	Change
Revenue	$943,335	$910,286	+0.0%
Expenses	$970,726	$978,596	0.0%
Net Income	$-27,391	$-68,310	-0.6%

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

175

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

$149,378

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLA AINSWORTH	IMMEDIATE PAST PRESIDENT	2.00	Director	$0	$0	$0
SONAL PATEL	PRESIDENT	2.00	Officer Director	$0	$0	$0
RODNEY ANDERSON	PRESIDENT ELECT	2.00	Officer Director	$0	$0	$0
JORDAN STORHAUG	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSE FLORES-RODARTE	SECRETARY TREASURER/FINANC	2.00	Officer Director	$0	$0	$0
JONATHAN WELLS	SPEAKER	2.00	Officer Director	$0	$0	$0
DIANA HUANG	ASSISTANT SECRETARY-TREASU	2.00	Officer Director	$0	$0	$0
BLAIN CRANDELL	VICE SPEAKER/BYLAWS COMMIT	2.00	Officer Director	$0	$0	$0
NELSON CHIU	WESTSIDE TRUSTEE	2.00	Director	$0	$0	$0
ADRIANA LINARES	WESTSIDE TRUSTEE	2.00	Director	$0	$0	$0
BRIANNE HUFFSTETLER ROWAN	WESTSIDE TRUSTEE	2.00	Director	$0	$0	$0
JAMES OPARA	EASTSIDE TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER MAXWELL	EASTSIDE TRUSTEE	2.00	Director	$0	$0	$0
SCOTT HIPPE	EASTSIDE TRUSTEE	2.00	Director	$0	$0	$0
JONATHAN STALOFF	NEW PHYSICIAN TRUSTEE	2.00	Director	$0	$0	$0
JONATHON FOX	RESIDENT TRUSTEE	2.00	Director	$0	$0	$0
AUTUMN WELKER	STUDENT CO-TRUSTEE	2.00	Director	$0	$0	$0
TYLER YARWOOD	STUDENT CO-TRUSTEE	2.00	Director	$0	$0	$0
KIM MCCAULOU	EXECUTIVE VICE PRESIDENT	40.00	Officer	$149,378	$0	$149,378

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	$943,335	$970,726	$947,453	$-27,391
2024	$910,286	$978,596	$1,001,162	$-68,310
2023	$911,274	$1,122,952	$1,053,109	$-211,678
2022	$951,519	$943,476	$1,036,525	$8,043
2021	$1,074,414	$876,380	$1,138,258	$198,034
2020	$721,755	$840,607	$997,397	$-118,852
2019	$843,402	$949,329	$1,126,919	$-105,927
2018	$718,416	$778,547	$1,134,761	$-60,131

WASHINGTON ACADEMY OF FAMILY PHYSICIANS