NORMANDY PARK, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HIGHLINE MEDICAL CENTER FOUNDATION dba ST ANNE HOSPITAL FOUNDATION, founded in 1981, is a small nonprofit in the Health Care sector that reported $731K in total revenue in fiscal year 2023. Revenue fell 63% from the prior year — a significant decline worth monitoring. Net assets of $3.3M represent 55 months of operating reserves.
Highline Medical Center Foundation dba St Anne Hospital Foundation brings our community together to support exceptional health care, close to home, for all who need it. Thanks to the generosity of our caring neighbors and friends, we help ensure that St Anne Hospital has the resources it needs to keep people healthy and save lives. The foundation supports the provision of high-quality, leading-edge, compassionate care.
Key programs include Highline Health Connections: Care navigation for vulnerable populations a program that bridges gaps in the health-care system to improve the health of the most vulnerable in our...
Key programs include Highline Health Connections: Care navigation for vulnerable populations a program that bridges gaps in the health-care system to improve the health of the most vulnerable in our community. This program serves over-utilizers of our Emergency Department who have chronic medical conditions, who are low income and who many times, also have mental and behavioral health issues. A care management team address the needs of each Health Connections participant, supporting the participant to eliminate barriers, create a road map to success and achieve the ultimate goal of staying out of the hospital and taking initiative in their own health and well-being. A multi-year program, the program has served hundreds of people and continues to be successful in exceeding expectations, cutting hospital costs and most importantly, it continues to produce positive patient outcomes. Other focus areas of Foundation support for St Anne Hospital include nursing advancement and engagement, medical innovation and emerging and critical need. The Foundation offers scholarships and support for nurses and doctors who are continuing their education or who are looking for professional development. In an effort to hire and retain the best and brightest talent, the Foundation encourages St Anne Hospital staff to apply for annual scholarships and financial aid for certificate programs and continued education. The Foundation supports medical innovation through funding technologically advanced equipment such as a UV cleaning robot, which helps drastically reduce hospital acquired infection rates. And finally, the Highline Medical Center Foundation dba St Anne Hospital Foundation supports emerging and critical need, such as ongoing support of our award-winning cancer center through the provision of direct patient support such as prescriptions, emergency housing, or gas and food cards in financial emergency situations.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $730,936 | $1,971,872 | -0.6% |
| Expenses | $753,832 | $1,964,008 | -0.6% |
| Net Income | $-22,896 | $7,864 | -3.9% |
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 |
|---|---|---|---|---|---|---|
| SAIFUDDIN KASUBHAI | Trustee | 0.25 |
Director
|
$0 | $0 | $0 |
| TERESA SAVAGE | Past President | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| GERALDINE L FAIN | PRESIDENT ELECT | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| LAKEYSHA LAYFIELD | Trustee | 0.25 |
Director
|
$0 | $0 | $0 |
| CAMERON A SMOCK | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID D HAWTHORNE | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEEPAK DEVASTHALI | COO | 0.25 |
Director
|
$0 | $0 | $0 |
| CHRIS F BOYSEN | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| TERESA RAO | AT-LARGE | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID BURNETT | Trustee | 0.25 |
Director
|
$0 | $0 | $0 |
| LINH LE | AT-LARGE | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| LOUISE A MENNELLA | AT-LARGE | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| LAURA SUTER | Secretary | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| CRAIG J KOPET | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| STEVEN M DAVOLT | Trustee | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $730,936 | $753,832 | $3,855,016 | $-22,896 |
| 2022 | $1,971,872 | $1,964,008 | $3,565,525 | $7,864 |
| 2021 | $1,399,183 | $678,138 | $2,266,003 | $721,045 |
| 2020 | $645,352 | $346,174 | $1,486,691 | $299,178 |
| 2019 | $840,400 | $1,264,596 | $2,015,845 | $-424,196 |
| 2018 | $772,473 | $563,163 | $1,721,662 | $209,310 |
Compare HIGHLINE MEDICAL CENTER FOUNDATION dba ST ANNE HOSPITAL FOUNDATION with other nonprofits in Washington and across the country.