SPOKANE COUNTY MEDICAL SOCIETY

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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

1942

Legal Domicile

Principal Officer

OKECHUWKU OJOGHO MD

Phone

5093255010

Tax Period

2024-01-01 to 2024-12-31

SPOKANE COUNTY MEDICAL SOCIETY, founded in 1942, is a small nonprofit in the Unknown sector that reported $124K in total revenue in fiscal year 2024. Expenses of $147K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE SPOKANE COUNTY MEDICAL SOCIETY'S MISSION IS TO FAIRLY AND OBJECTIVELY SERVE AS A GUARDIAN OF COMMUNITY HEALTH AND WELLNESS WHILE LEADING AND PROMOTING THE PROFESSIONAL PRACTICE OF MEDICINE IN OUR REGION.

Program Service Accomplishments

Program 1

PROMOTE PRACTICE OF MEDICINE AND BETTERMENT OF PUBLIC HEALTH. MEMBERSHIP INCLUDES 700 HEALTHCARE PROFESSIONALS IN SPOKANE COUNTY.

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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 $0

Program Service Revenue $106,423

Investment Income $2,294

Other Revenue $15,066

TOTAL REVENUE $123,783

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $146,863

TOTAL EXPENSES $146,863

Year-over-Year Comparison

	2024	2023	Change
Revenue	$123,783	$126,429	0.0%
Expenses	$146,863	$128,465	+0.1%
Net Income	$-23,080	$-2,036	+10.3%

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
OKECHUWKU OJOGHO MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
SAIMA AHMAD MD	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
ERIN MEDINA MD	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
SHANNON DUNN MD	SECRETARY-TREASURER	1.00	Officer Director	$0	$0	$0
LAURA FRALICH MC	TRUSTEE	1.00	Director	$0	$0	$0
AARON SAUNDERS MD	TRUSTEE	1.00	Director	$0	$0	$0
KAREN WILDMAN MD	TRUSTEE	1.00	Director	$0	$0	$0
H FRANK ANDERSON MD	TRUSTEE	1.00	Director	$0	$0	$0
REBECCA MALLO MD	TRUSTEE	1.00	Director	$0	$0	$0
THEO ORCHARD PA-C	TRUSTEE	1.00	Director	$0	$0	$0
SVETLANA COX MD	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES ANDERSON MD	TRUSTEE	1.00	Director	$0	$0	$0
FRANCISCO VELAZQUEZ MD	TRUSTEE	1.00	Director	$0	$0	$0
MICHELLE DROBNY MD	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER PASKO MD	TRUSTEE	1.00	Director	$0	$0	$0
PAULA THOMPSON PA-C	TRUSTEE	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
2024	$123,783	$146,863	$162,767	$-23,080
2023	$126,429	$128,465	$176,729	$-2,036
2022	$110,062	$137,004	$159,663	$-26,942
2021	$106,547	$116,622	$192,088	$-10,075
2020	$129,632	$126,945	$190,689	$2,687
2019	$170,206	$140,989	$209,071	$29,217
2018	$252,476	$335,410	$230,647	$-82,934