WASHINGTON ASSOCIATION OF LANDSCAP… - 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

1984

Principal Officer

WILLIAM BAILEY

Phone

2063678704

Tax Period

2023-01-01 to 2023-12-31

WASHINGTON ASSOCIATION OF LANDSCAPE PROFESSIONALS, founded in 1984, is a small nonprofit that reported $253K in total revenue in fiscal year 2023. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $44K, a strong 17% operating margin.

Mission

TO PROVIDE OPPORTUNITIES FOR LANDSCAPE PROFESSIONALS TO SHARE COMMON CONCERNS AND ADDITIONAL EDUCATION WITHIN THE INDUSTRY.

Program Service Accomplishments

Program 1

TO PROVIDE OPPORTUNITIES FOR LANDSCAPE PROFESSIONALS TO SHARE COMMON CONCERNS AND ADDITIONAL EDUCATION WITHIN THE INDUSTRY.

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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 $92,166

Program Service Revenue $161,323

Investment Income $0

Other Revenue $0

TOTAL REVENUE $253,489

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $209,912

TOTAL EXPENSES $209,912

Year-over-Year Comparison

	2023	2022	Change
Revenue	$253,489	$146,691	+0.7%
Expenses	$209,912	$161,335	+0.3%
Net Income	$43,577	$-14,644	-4.0%

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

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
PETER DARVIN	EXECUTIVE DI	N/A	Director	$0	$0	$0
WILLIAM BAILEY	PRESIDENT	N/A	Officer	$0	$0	$0
TIM BUITEN	VICE PRESIDE	N/A	Officer	$0	$0	$0
LLOYD GLASSCOCK	SECRETARY	N/A	Officer	$0	$0	$0
CHRISTOPHER GRAVSETH	ASSOCIATE RE	N/A	Officer	$0	$0	$0
RICK LONGNECKER	TREASURER	N/A	Officer	$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	$253,489	$209,912	$139,998	$43,577
2022	$146,691	$161,335	$96,396	$-14,644
2021	$182,077	$123,677	$111,142	$58,400
2020	$147,029	$161,649	$52,640	$-14,620
2019	$267,330	$224,460	$77,086	$42,870

WASHINGTON ASSOCIATION OF LANDSCAPE PROFESSIONALS