LAKEWOOD, WA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)COL PATRICK S MADIGAN FOUNDATION, founded in 1995, is a micro nonprofit in the Medical Research sector that reported $26K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $50K exceeded revenue, resulting in a 93% operating deficit.
AMONG IT'S MANY PROGRAMS, THE FOUNDATION PROVIDES MEDICAL SUPPORT TO SERVICE MEMBERS- AND THEIR FAMILIES, OFFERS SCHOLARSHIPS AND GRANTS TO FAMILIES AND STAFF, SUPPORTS A HOST OF PROGRAMS FOR CHILDREN, SUPPORTS EDUCATIONAL CONFERENCES, SPONSORS AN ANNUAL LECTURE ON MILITARY MEDICAL RESEARCH, SUPPORTS MEDICAL RESEARCH AND CLINICAL CARE WITH EQUIPMENT AND TRAINING. SINCE ITS' ESTABLISHMENT, WITH THE GENEROSITY OF IT'S SUPPORTERS, THE FOUNDATION HAS PROVIDED OVER 1,400,429 IN EQUIPMENT AND SERVICES.
YOUNG HEROES PROGRAM- BRAVE SOLDIERS CAN WEAR MANY DIFFERENT UNIFORMS- FIGHTING A LIFE-THREATENING ILLNESS IS LIKE FIGHTING A WAR AND ONE OF THOSE UNIFORMS CAN BE CHILDRENS CLOTHES. THESE CHILDREN...
YOUNG HEROES PROGRAM- BRAVE SOLDIERS CAN WEAR MANY DIFFERENT UNIFORMS- FIGHTING A LIFE-THREATENING ILLNESS IS LIKE FIGHTING A WAR AND ONE OF THOSE UNIFORMS CAN BE CHILDRENS CLOTHES. THESE CHILDREN ARE THE SOLDIERS BEYOND THE BATTLEFIELD AND ARE FAMILY MEMBERS OF THE ARMED SERVICES WHOSE GREAT HEROISM DESERVE SPECIAL RECOGNITION. SINCE 1999, THE MADIGAN FOUNDATION HAS SPONSORED THE PROGRAM AS AN ANNUAL EVENT AT MADIGAN ARMY MEDICAL CENTER; AND HAS HONORED MANY CHILDREN OVER THE LAST 22 YEARS. CHILDREN CAN BE NOMINATED BY FRIENDS, FAMILY, TEACHERS, AND PHYSICIANS- AND ARE SELECTED FOR THEIR OUTSTANDING DEMONSTRATION OF COURAGE AND VALOR.
DENTAL SCREENING PROGRAM. THIS FOUNDATION SUPPORTS DENTAL SCREENING OF MILITARY CHILDREN ON JOINT BASE LEWIS MCCORD BY THE LINDQUIST DENTAL CLINIC FOR CHILDREN, A NON-PROFIT WHOSE MISSION IS TO...
DENTAL SCREENING PROGRAM. THIS FOUNDATION SUPPORTS DENTAL SCREENING OF MILITARY CHILDREN ON JOINT BASE LEWIS MCCORD BY THE LINDQUIST DENTAL CLINIC FOR CHILDREN, A NON-PROFIT WHOSE MISSION IS TO PROVIDE DENTAL CARE FOR NEEDY CHILDREN. 50-80% OF THESE CHILDREN RECEIVE FREE OR SUBSIDIZED LUNCHES. THE INDIVIDUAL DENTAL SCREENING PROVIDES A DENTAL REPORT CARD FOR EACH STUDENT AND IDENTIFIES DENTAL NEEDS IN A SMALL BUT SIGNIFICANT PERCENTAGE OF THE CHILDREN. ALL OF THE CHILDREN ARE ALSO OFFERED FLUORIDE AND SEALANT TREATMENTS THAT ARE ACCOMPLISHED AT A LATER TIME. IN 2023, THE FOUNDATION SUPPORTED THE SCREENING OF MORE THAN 820 CHILDREN.
VISION SUPPORT PROGRAM. PROVIDES FINANCIAL ASSISTANCE FOR LOW-RANKING SERVICE MEMBERS AND THEIR FAMILIES TO PURCHASE EYEGLASSES FOR SPECIAL NEEDS AND OTHER CHILDREN. IN 2023,A TOTAL OF 58 FAMILIES...
VISION SUPPORT PROGRAM. PROVIDES FINANCIAL ASSISTANCE FOR LOW-RANKING SERVICE MEMBERS AND THEIR FAMILIES TO PURCHASE EYEGLASSES FOR SPECIAL NEEDS AND OTHER CHILDREN. IN 2023,A TOTAL OF 58 FAMILIES WERE ASSISTED WITH THIS PROGRAM.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $26,096 | $55,965 | -0.5% |
| Expenses | $50,451 | $46,753 | +0.1% |
| Net Income | $-24,355 | $9,212 | -3.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RACHANEE CURRY | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE MCCLURE | PAST PRESIDE | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM M WOOD CPA | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WYNN HOFFMAN | ASSISTANT TR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID SOMA | VICE PRESIDE | 2.00 |
Director
|
$0 | $0 | $0 |
| W GEORGE CARGILL | VICE PRESIDE | 2.00 |
Director
|
$0 | $0 | $0 |
| OSCAR B HILMAN | VICE PRESIDE | 1.00 |
Director
|
$0 | $0 | $0 |
| LOURDES ALFIE ALVARADO RAMOS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY JO CAHILL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $26,096 | $50,451 | $948,046 | $-24,355 |
| 2022 | $55,965 | $46,753 | $985,797 | $9,212 |
| 2021 | $56,267 | $42,586 | $982,464 | $13,681 |
| 2020 | $23,192 | $41,975 | $979,156 | $-18,783 |
| 2019 | $163,035 | $42,869 | $1,005,724 | $120,166 |
| 2018 | $127,204 | $43,595 | $882,217 | $83,609 |
Compare COL PATRICK S MADIGAN FOUNDATION with other nonprofits in Washington and across the country.