NORTHWEST RHEUMATISM SOCIETY

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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

2005

Legal Domicile

Principal Officer

AMISH DAVE MD

Phone

2064419762

Tax Period

2024-01-01 to 2024-12-31

NORTHWEST RHEUMATISM SOCIETY, founded in 2005, is a small nonprofit that reported $238K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 19% operating margin.

Mission

NORTHWEST RHEUMATISM IS A REGIONAL RHEUMATOLOGY ASSOCIATION ENCOMPASSING THE NORTHWESTERN UNITED STATES AND WESTERN CANADA WITH A MISSION OF PROVIDING ONGOING COLLABORATION AND STATE-OF-THE-SCIENCE MEDICAL EDUCATION FOR RHEUMATOLOGISTS AND ALLIED HEALTH PROFESSIONALS INTERESTED IN RHEUMATOLOGY. WE ARE COMMITTED TO MEETING THE EDUCATIONAL NEEDS OF OUR MEMBERS AND ARE CONFIDENT THAT THIS WILL TRANSLATE INTO ONGOING EXCELLENT RHEUMATOLOGIC CARE IN OUR VARIED COMMUNITIES.

Program Service Accomplishments

Program 1

HOLD ANNUAL MEETING TO PROMOTE RESEARCH AND TREATMENT FORRHEUMATISM.

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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 $0

Program Service Revenue $237,851

Investment Income $24

Other Revenue $0

TOTAL REVENUE $237,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $191,814

TOTAL EXPENSES $191,814

Year-over-Year Comparison

	2024	2023	Change
Revenue	$237,875	$149,379	+0.6%
Expenses	$191,814	$135,289	+0.4%
Net Income	$46,061	$14,090	+2.3%

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

N/A

Volunteers

N/A

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
AMISH DAVE MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF PETERSON MD	TREASURER	1.00	Officer Director	$0	$0	$0
ALAN LOW DPH	DIRECTOR	1.00	Director	$0	$0	$0
ATUL DEODHAR MD	DIRECTOR	1.00	Director	$0	$0	$0
DAVE COLLINS MD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WADE MD	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
2024	$237,875	$191,814	$394,348	$46,061
2018	$244,268	$136,024	$331,270	$108,244