STRUCTURAL ENGINEERS ASSOCIATION O… - Form 990 Financial Data

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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

1950

Legal Domicile

Principal Officer

TYLER WINKLEY

Phone

8774605880

Tax Period

2023-01-01 to 2023-12-31

STRUCTURAL ENGINEERS ASSOCIATION OF WASHINGTON, founded in 1950, is a small nonprofit that reported $295K in total revenue in fiscal year 2023. Revenue surged 106% from the prior year, signaling strong growth momentum.

Mission

THE STRUCTURAL ENGINEERS ASSOCIATION OF WASHINGTON (SEAW) IS DEDICATED TO THE ADVANCEMENT OF EXCELLENCE IN STRUCTURAL ENGINEERING THROUGH BUILDING CODE ADVOCACY, CONTINUING EDUCATION, RESEARCH, EMERGENCY PREPAREDNESS, EXCHANGE OF IDEAS, AND MENTORING TO ENSURE THE HIGHEST STANDARDS OF PRACTICE ARE UPHELD AND TO GUARD PUBLIC SAFETY.

Program Service Accomplishments

Program 1

SEMINARS AND MEETINGS ON STRUCTURAL ENGINEERING TOPICS, CONTINUING EDUCATION, REFRESHER COURSE FOR STATE EXAM AND MONTHLY DINNER MEETINGS.

Program 2

CODE DEVELOPMENT

Program 3

MEMBERSHIP SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $100,924

Program Service Revenue $190,309

Investment Income $0

Other Revenue $3,795

TOTAL REVENUE $295,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $293,479

TOTAL EXPENSES $293,479

Year-over-Year Comparison

	2023	2022	Change
Revenue	$295,028	$143,160	+1.1%
Expenses	$293,479	$169,444	+0.7%
Net Income	$1,549	$-26,284	-1.1%

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
TYLER WINKLEY	PRESIDENT/TRUSTEE	1.00	Officer Director	$0	$0	$0
HEATHER KLINE	VICE PRESIDENT/TRUSTEE	1.00	Officer Director	$0	$0	$0
DANIEL SUMERFIELD	PAST PRESIDENT/TRUSTEE	1.00	Officer Director	$0	$0	$0
JESSICA JENNESS	SECRETARY/TRUSTEE	1.00	Officer Director	$0	$0	$0
OWEN KOHASHI	TREASURER/TRUSTEE	1.00	Officer Director	$0	$0	$0
MATT LESLIE	TRUSTEE	1.00	Director	$0	$0	$0
JARED PLANK	TRUSTEE	1.00	Director	$0	$0	$0
MATT HOIT	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
2023	$295,028	$293,479	$134,032	$1,549
2018	$227,671	$202,603	$249,845	$25,068

STRUCTURAL ENGINEERS ASSOCIATION OF WASHINGTON