WASHINGTON STATE SOCIETY OF ANESTHESIOLOGISTS (EIN 916050189) - Form 990 Financial Analysis & Trantor Score

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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

1948

Legal Domicile

Principal Officer

ERIK CONDON MD

Phone

2063678704

Tax Period

2024-10-01 to 2025-09-30

WASHINGTON STATE SOCIETY OF ANESTHESIOLOGISTS, founded in 1948, is a small nonprofit that reported $269K in total revenue in fiscal year 2024. Net assets of $1.4M represent 61 months of operating reserves.

Mission

THE WASHINGTON STATE SOCIETY OF ANESTHESIOLOGISTS IS COMMITTED TO ADVANCING THE FIELD OF ANESTHESIOLOGY BY PROMOTING THE HIGHEST BY PROMOTING THE HIGHEST PROFESSIONAL STANDARDS, ENHANCING CLINICAL EXCELLENCE THROUGH EDUCATION, AND ADVOCATING FOR THE INTERESTS OF ANESTHESIOLOGISTS FOR THE INTERESTS OF ANESTHESIOLOGISTS AND PATIENTS. WE STRIVE TO FOSTER A COLLABORATIVE COMMUNITY THAT PRIORITIZES SAFETY, INNOVATION, AND QUALITY IN THE ANESTHETIC CARE OF ALL PATIENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $268,481

Program Service Revenue $0

Investment Income $23

Other Revenue $0

TOTAL REVENUE $268,504

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $282,153

TOTAL EXPENSES $292,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$268,504	$279,646	0.0%
Expenses	$292,153	$338,299	-0.1%
Net Income	$-23,649	$-58,653	-0.6%

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
ERIK CONDON MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEEPAK SHARMA MD	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
SARAH BROWN MD	SECRETARY	1.00	Officer Director	$0	$0	$0
TONY TSAI MD FASA	TREASURER	1.00	Officer Director	$0	$0	$0
TIMOTHY CLEMENT MD	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIDGET BUSH MD FASA	DIRECTOR	1.00	Director	$0	$0	$0
GABRIEL SARAH MD	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY MCLAREN MD	DIRECTOR	1.00	Director	$0	$0	$0
JEFFRY MINARD MD	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL CLEMENT MD	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT HSIUNG MD FASA	DIRECTOR	1.00	Director	$0	$0	$0
SIYEON ANDREW SEONG MD	DIRECTOR	1.00	Director	$0	$0	$0
TERRI BLACKBURN MD	DIRECTOR	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	$268,504	$292,153	$1,371,921	$-23,649
2024	$279,646	$338,299	$1,250,494	$-58,653
2023	$257,783	$313,940	$1,070,472	$-56,157
2022	$263,300	$278,593	$1,039,634	$-15,293
2021	$265,014	$193,823	$1,212,831	$71,191
2020	$254,228	$235,703	$1,013,014	$18,525
2019	$260,192	$280,091	$935,847	$-19,899
2018	$255,293	$247,265	$916,730	$8,028

WASHINGTON STATE SOCIETY OF ANESTHESIOLOGISTS