WASHINGTON STATE SOCIETY FOR HEALT… - 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

1989

Legal Domicile

Principal Officer

IVY ANDERSON

Phone

2532653042

Tax Period

2025-01-01 to 2025-12-31

WASHINGTON STATE SOCIETY FOR HEALTHCARE ENGINEERING, founded in 1989, is a small nonprofit that reported $535K in total revenue in fiscal year 2025. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

PROMOTE BETTER PATIENT CARE THROUGH IMPROVED ENGINEERING PRACTICES.

Program Service Accomplishments

Program 1

SIGNIFICANT PROGRAM SERVICES: (1) ENCOURAGING AND ASSISTING MEMBERS TO DEVELOP THEIR KNOWLEDGE OF HEALTHCARE ENGINEERING PRINCIPLES (2) CONDUCTING REGULAR MEETINGS, CONFERENCES AND EDUCATIONAL...

SIGNIFICANT PROGRAM SERVICES: (1) ENCOURAGING AND ASSISTING MEMBERS TO DEVELOP THEIR KNOWLEDGE OF HEALTHCARE ENGINEERING PRINCIPLES (2) CONDUCTING REGULAR MEETINGS, CONFERENCES AND EDUCATIONAL PROGRAMS (3) PROMOTING THE IMPROVEMENT OF HEALTHCARE SERVICES BY ASSISTING MEMBERS TO EXCHANGE IDEAS RELATING TO FACILITIES (4) PROMOTING COMMUNICATIONS BETWEEN THE SOCIETY, WASHINGTON STATE HOSPITAL ASSOCIATION AMERICAN SOCIETY FOR HEALTHCARE ENGINEERING, SOCIETY CHAPTERS AND RELATED ORGANIZATIONS (5) ENCOURAGING COMMUNICATION WITH REGULATORY AND ACCREDITATION AGENCIES TO CREATE A BETTER UNDERSTANDING OF, AND TO INFLUENCE THE DEVELOPMENT OF, NECESSARY CODES AND STANDARDS WHICH ARE CONSISTENT WITH STATE OF THE ART ENGINEERING PRINCIPLES (6) PROMOTING THE PROFESSIONAL DEVELOPMENT AND RECOGNITION OF THE SOCIETY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $534,924

Investment Income $126

Other Revenue $144

TOTAL REVENUE $535,194

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $506,879

TOTAL EXPENSES $521,879

Year-over-Year Comparison

	2025	2024	Change
Revenue	$535,194	$854,622	-0.4%
Expenses	$521,879	$801,804	-0.3%
Net Income	$13,315	$52,818	-0.7%

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

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
DANNY SCOTT	PRESIDENT	1.00	Officer Director	$0	$0	$0
BEN MYERS	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD NEWTON	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
ERIC RODGERS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JACOB RALEIGH	BOARD MEMEBER	1.00	Director	$0	$0	$0
CHAD WAIS	BOARD MEMEBER	1.00	Director	$0	$0	$0
MEGAN LARRISON	BOARD MEMEBER	1.00	Director	$0	$0	$0
PHILIP KERCHER	BOARD MEMEBER	1.00	Director	$0	$0	$0
MICHAEL NAFZGAR	BOARD MEMEBER	1.00	Director	$0	$0	$0
ANDREA PINA	BOARD MEMEBER	1.00	Director	$0	$0	$0
STACIA RIVERA	BOARD MEMEBER	1.00	Director	$0	$0	$0
ROB PEWITT	BOARD MEMEBER	1.00	Director	$0	$0	$0
ERIC GILBERT	BOARD MEMEBER	1.00	Director	$0	$0	$0
CODY O'CONNOR	BOARD MEMEBER	1.00	Director	$0	$0	$0
IVY ANDERSON	BOARD MEMEBER	1.00	Director	$0	$0	$0
RUSSEL COPELAND	BOARD MEMEBER	1.00	Director	$0	$0	$0
JANIE RESOP	BOARD MEMEBER	1.00	Director	$0	$0	$0
MICHAEL DOVER	BOARD MEMEBER	1.00	Director	$0	$0	$0
JOSE DIAZ	BOARD MEMEBER	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
2025	$535,194	$521,879	$505,884	$13,315
2024	No data	No data	No data	No data
2023	$307,757	$349,234	$472,249	$-41,477
2022	$384,930	$429,104	$513,726	$-44,174
2021	$293,480	$199,124	$557,900	$94,356
2020	$227,085	$136,968	$463,544	$90,117
2019	$543,036	$441,318	$373,427	$101,718
2018	$396,371	$394,026	$271,709	$2,345

WASHINGTON STATE SOCIETY FOR HEALTHCARE ENGINEERING