The Bleeding Disorder Foundation of Washington

EIN: 916068857 501(c)(3)

Shoreline, WA

Total Revenue
$374,037
Total Expenses
$522,065
Total Assets
$256,878
Net Assets
$240,381
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
WA
Principal Officer
Allison Yena
Phone
2065331660
Tax Period
2024-01-01 to 2024-12-31

The Bleeding Disorder Foundation of Washington, founded in 1989, is a small nonprofit that reported $374K in total revenue in fiscal year 2024. Expenses of $522K exceeded revenue, resulting in a 40% operating deficit.

Mission

The Bleeding Disorder Foundation of Washington mission: The BDFW serves and educates the bleeding disorder community and advocates for access to care for those with rare diseases.

Program Service Accomplishments

Program 1
Expenses: $196,549

Educate those living with bleeding disorders and how to manage their complicated healthcare condition of bleeding disorder. Bleeding disorders are lifelong conditions that require education at each...

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Educate those living with bleeding disorders and how to manage their complicated healthcare condition of bleeding disorder. Bleeding disorders are lifelong conditions that require education at each stage of life. With advancements in science the BDFW has had to revamp and update all our educate material to meet the needs of the community. This is creating education for each subset of age and gender while making sure it is culturally and socioeconomically appropriate. Due to the cost of bleeding disorders this education also includes how to manage our health care and insurance navigation. With medication for severe hemophilia costing $1 million per year the need for understanding health insurance is critical to accessing the lifesaving medication and care. This program directly serves over 500 direct in-person education encounters and provides online education to be accessed by over $70,000 living with bleeding disorder in Washington State.

Program 2
Expenses: $128,358

Patient assistance has been a growing area of support provided by the BDFW to serve those living with bleeding disorders directly. These direct services programs were expanded during COVID but have...

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Patient assistance has been a growing area of support provided by the BDFW to serve those living with bleeding disorders directly. These direct services programs were expanded during COVID but have been maintained since due to the need. These services provide medical ID bracelets to over 250 children per year, back-to-school supplies, winter clothes, and shoes for safe play to reduce bleeding episodes. These services also include gap food support, transportation to medical visits pertaining to their bleeding disorder, lodging for doctor visits and hospital stays, and supportive devices not covered by insurance. Bleeding disorders have a large percentage of patients on Medicaid and Medicare due to the cost of the care creating decades of institutional poverty. Direct patient assistance is critical for patients to manage their condition.

Program 3
Expenses: $76,212

Access to care advocacy and empowerment services focus on navigation of insurance, education on insurance, and access to coverage of bleeding disorder treatment on public and private insurance plans...

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Access to care advocacy and empowerment services focus on navigation of insurance, education on insurance, and access to coverage of bleeding disorder treatment on public and private insurance plans. Hemophilia is a bleeding disorder, that has some of the most expensive treatments in the country. The BDFW advocates for access to these treatments and all treatments for rare diseases through this program. We work with bleeding disorders and rare disease patients on how to advocate for themselves with elected officials, employers, school, and medical providers.

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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 $351,970
Program Service Revenue $0
Investment Income $10,067
Other Revenue $12,000
TOTAL REVENUE $374,037

Expense Breakdown

Grants Paid $0
Salaries & Benefits $362,700
Fundraising Expenses $36,964
Program Expenses $401,119
Other Expenses $159,365
TOTAL EXPENSES $522,065

Year-over-Year Comparison

2024 2023 Change
Revenue $374,037 $376,812 0.0%
Expenses $522,065 $570,663 -0.1%
Net Income $-148,028 $-193,851 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
3
Volunteers
22

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
$166,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Simpson Executive Dir. 40.00
Officer
$160,000 $6,000 $166,000
Allison Yena President 2.00
Officer Director
$0 $0 $0
Chyna Lockart Vice President 1.00
Officer Director
$0 $0 $0
Chris Bucholz Treasurer 1.00
Officer Director
$0 $0 $0
Gautham Mudambi Director 1.00
Director
$0 $0 $0
Laynee Newkirk Director 1.00
Director
$0 $0 $0
Joseph Liberman 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
2024 $374,037 $522,065 $256,878 $-148,028
2023 $376,812 $570,663 $413,904 $-193,851
2022 $493,323 $506,639 $603,485 $-13,316
2021 $446,212 $437,679 $766,503 $8,533
2020 $553,736 $390,642 $823,099 $163,094
2019 $547,671 $467,938 $604,266 $79,733
2018 $573,266 $433,482 $512,662 $139,784
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