HEALTHVISION INTERNATIONAL C/O KENNETH L BAKKEN

EIN: 911708912 501(c)(3)

SEATTLE, WA

Total Revenue
$272,946
Total Expenses
$260,337
Total Assets
$212,741
Net Assets
$213,190
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
WA
Principal Officer
KENNETH BAKKEN
Tax Period
2018-01-01 to 2018-12-31

HEALTHVISION INTERNATIONAL C/O KENNETH L BAKKEN, founded in 1996, is a small nonprofit that reported $273K in total revenue in fiscal year 2018. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $260K left a modest 5% surplus.

Mission

HEALTHVISION INTERNATIONAL IS A FAITH-BASED, NOT-FOR-PROFIT ORGANIZATION TO PROMOTE THE HEALING MINISTRY OF THE CHURCH. HEALTHVISION WORKS DIRECTLY WITH CHURCHES, ACROSS DENOMINATIONAL AND FAITH TRADITIONS LINES, WITH TEACHING INSTITUTIONS OF THE CHURCH (SEMINARIES, COLLEGES, UNIVERSITIES), CHRISTIAN MEDICAL CENTERS, HOSPITALS AND HEALTH SYSTEMS, AND FAITH RELATED SOCIAL SERVICE AGENCIES. HEALTHVISION IS A CHURCH-RELATED ORGANIZATION, WHOSE MISSION IS THE PREACHING, TEACHING AND HEALING MINISTRY OF JESUS CHRIST. PREACHING, TEACHING AND HEALING MINISTRY UNDER THE AUSPICES OF HEALTHVISION IS OFTEN DONE BASED ON FREE-WILL OFFERING GIFTS OR SUGGESTED DONATION OR FEE SCHEDULE. THIS WORK OR VOCATION, INCLUDING PRIMAIRLY TEACHING, PREACHING, WORSHIP EXPERIENCES AND SACRAMENTAL/SPIRITUAL HEALING IS FOR THE GREATER GOOD OF THE RELIGIOUS AND HEALTH CARE COMMUNITY. AN IMPORTANT ASPECT OF THE MINISTRY AND MISSION OF HEALTHVISION INTERNATIONAL IS TO TREAT THE WHOLE PERSON-BODY, MIND AND SPIRIT IN A

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $263,000
Investment Income $9,946
Other Revenue $0
TOTAL REVENUE $272,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $123,259
Fundraising Expenses $0
Program Expenses $260,337
Other Expenses $137,078
TOTAL EXPENSES $260,337

Year-over-Year Comparison

2018 2017 Change
Revenue $272,946 $209,771 +0.3%
Expenses $260,337 $203,585 +0.3%
Net Income $12,609 $6,186 +1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
2
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
5
$114,500
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH BAKKEN PRESIDENT 24.00
Officer
$102,000 $0 $102,000
THERESA BAKKEN SEC/TREAS 5.00
Officer
$12,500 $0 $12,500
JOANNE WISE DIRECTOR N/A
Officer
$0 $0 $0
JOHN CALBOM DIRECTOR N/A
Officer
$0 $0 $0
CHERIE CALBOM DIRECTOR 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
2018 $272,946 $260,337 $212,741 $12,609
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