WASHINGTON STATE HEALTHCARE LEADERS ASSO

EIN: 916182713

SANDPOINT, ID

Total Revenue
$303,681
Total Expenses
$300,900
Total Assets
$154,759
Net Assets
$154,759
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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
1956
Legal Domicile
WA
Principal Officer
LAUREN HARRIS
Phone
6785235915
Tax Period
2023-01-01 to 2023-12-31

WASHINGTON STATE HEALTHCARE LEADERS ASSO, founded in 1956, is a small nonprofit that reported $304K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

WASHINGTON STATE HEALTHCARE LEADERS ASSOCIATION (WSHLA) MEMBERS LEAD AND MANAGE MEDICAL PRACTICES - A COMPLEX AND CHALLENGING PROFESSION THAT COMBINES BROAD KNOWLEDGE WITH CUTTING-EDGE EXPERTISE AND PRACTICAL SKILLS WITH THE EXPERIENCE TO APPLY THEM. DECISIONS MADE BY MEDICAL PRACTICE MANAGERS AFFECT EVERY ASPECT OF SUCCESSFUL MEDICAL PRACTICE OPERATIONS, FROM PATIENT CARE TO A HEALTHY BOTTOM LINE. SUPPORTING THE CONTINUAL PROFESSIONAL DEVELOPMENT OF ITS MEMBERS, WSHLA ADVANCES LEADERSHIP AND ADMINISTRATION IN HEALTHCARE THROUGH SHARING INFORMATION, EDUCATION, ADVOCACY, COMMUNICATION AND NETWORKING ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $32,843
Program Service Revenue $270,819
Investment Income $19
Other Revenue $0
TOTAL REVENUE $303,681

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,150
Fundraising Expenses $0
Program Expenses $275,948
Other Expenses $228,750
TOTAL EXPENSES $300,900

Year-over-Year Comparison

2023 2022 Change
Revenue $303,681 $345,020 -0.1%
Expenses $300,900 $334,949 -0.1%
Net Income $2,781 $10,071 -0.7%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
$72,150
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON DOTSON PRESIDENT 2.00
Officer Director
$0 $0 $0
JENNIFER YAHNE VICE-PRESIDENT 2.00
Officer Director
$0 $0 $0
SHELIA KIRKEGAARD TREASURER/ SECRETARY 2.00
Officer Director
$0 $0 $0
AMBER PEDERSEN IMMEDIATE PAST PRESIDENT 2.00
Director
$0 $0 $0
JANA FOOR TRUSTEE 2.00
Director
$0 $0 $0
LISA MORRIS TRUSTEE 2.00
Director
$0 $0 $0
AUBRIE OLSON HEFT TRUSTEE 2.00
Director
$0 $0 $0
BRETT VANDENBERG TRUSTEE 2.00
Director
$0 $0 $0
MINDY ZAUBI EXECUTIVE DIRECTOR 20.00
Officer
$72,150 $0 $72,150
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 $303,681 $300,900 $154,759 $2,781
2022 $345,020 $334,949 $151,978 $10,071
2021 $111,140 $126,368 $141,907 $-15,228
2020 $48,623 $66,564 $157,135 $-17,941
2019 $337,229 $331,517 $175,076 $5,712
2018 $360,186 $324,464 $169,364 $35,722
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