SPOKANE COUNTY MEDICAL SOCIETY

EIN: 916053239 Unknown

VERADALE, WA

Total Revenue
$123,783
Total Expenses
$146,863
Total Assets
$162,767
Net Assets
$127,266
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
WA
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.

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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 (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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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
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
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