Washington State Auto Dealers Insurance Trust (EIN 916056560) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

Connor Ryan

Phone

4257717359

Tax Period

2023-01-01 to 2023-12-31

Washington State Auto Dealers Insurance Trust, founded in 1948, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

To provide health and welfare benefits on behalf of and for the benefit of the participating employers and their employees and dependents.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,285,355

Investment Income $19,951

Other Revenue $0

TOTAL REVENUE $4,305,306

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $389,050

TOTAL EXPENSES $4,441,148

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,305,306	$6,839,779	-0.4%
Expenses	$4,441,148	$6,911,541	-0.4%
Net Income	$-135,842	$-71,762	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Connor Ryan	Chair	2.00	Officer Director	$0	$0	$0
Mike Blade	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	No data	No data	No data	No data
2023	$4,305,306	$4,441,148	$716,401	$-135,842
2022	$6,839,779	$6,911,541	$1,000,765	$-71,762
2021	$7,611,103	$7,644,190	$1,074,275	$-33,087
2020	$8,485,404	$8,447,485	$1,015,185	$37,919
2019	$9,088,654	$9,148,056	$1,010,561	$-59,402
2018	$8,889,723	$8,562,589	$1,163,866	$327,134

Washington State Auto Dealers Insurance Trust