MEDIC ONE FOUNDATION

EIN: 916183158 501(c)(3) Health Care

BELLEVUE, WA

Total Revenue
$5,490,802
Total Expenses
$3,907,671
Total Assets
$9,818,792
Net Assets
$9,202,785
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
WA
Principal Officer
KIM DUNCAN MARTIN
Phone
4256252137
Tax Period
2023-01-01 to 2023-12-31

MEDIC ONE FOUNDATION, founded in 1974, is a community nonprofit in the Health Care sector that reported $5.5M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 29% operating margin.

Mission

THE MEDIC ONE FOUNDATION'S MISSION IS TO SAVE LIVES BY IMPROVING PRE-HOSPITAL EMERGENCY CARE. IN 2023, THE FOUNDATION FUNDED THE TRAINING OF 22 NEW PARAMEDICS AND THE CONTINUING EDUCATION OF 260 CURRENT PARAMEDICS FOR FIRE AND EMS DEPARTMENTS THROUGHOUT THE PUGET SOUND REGION. IT ALSO PROMOTED PULSEPOINT, A MOBILE APPLICATION DESIGNED TO ALERT CPR-TRAINED CITIZENS TO NEARBY SUDDEN CARDIAC ARRESTS, ENABLING CPR TO COMMENCE IN THE CRITICAL MINUTES BEFORE FIRST RESPONDERS ARRIVE, SPECIFICALLY TARGETING KING AND SNOHOMISH COUNTIES. THE FOUNDATION PROVIDED 11 EMERGENCY MEDICAL TECHNICIAN (EMT) SCHOLARSHIPS TO ELIMINATE FINANCIAL BARRIERS FOR INDIVIDUALS PURSUING CAREERS IN EMERGENCY MEDICINE. ADDITIONALLY, THE FOUNDATION CONTINUED ITS CPR AND FIRST AID TRAINING PROGRAMS, INCORPORATING VIRTUAL FORMATS TO EXPAND ITS REACH. IT ALSO OFFERED BEHAVIORAL HEALTH SUPPORT TO 800 EMTS AND FIREFIGHTERS, ADDRESSING THEIR MENTAL HEALTH NEEDS. FURTHERMORE, THE FOUNDATION PURCHASED ESSENTIAL EMERGENCY AND TRAINING EQUIPMENT FOR SEVEN AREA FIRE DEPARTMENTS, ENSURING THEY ARE WELL-EQUIPPED FOR THEIR VITAL ROLES. THESE EFFORTS COLLECTIVELY ENHANCE THE QUALITY AND EFFECTIVENESS OF PRE-HOSPITAL EMERGENCY CARE, FULFILLING THE MEDIC ONE FOUNDATION'S MISSION TO SAVE LIVES.

Program Service Accomplishments

Program 1
Expenses: $2,015,370

PARAMEDIC TRAINING & CONTINUING EDUCATION - THE ORGANIZATION PROVIDED TRAINING FOR 22 PARAMEDICS FROM ISLAND, JEFFERSON, KING AND SNOHOMISH COUNTIES; FUNDED 120 HOURS OF CONTINUING MEDICAL EDUCATION...

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PARAMEDIC TRAINING & CONTINUING EDUCATION - THE ORGANIZATION PROVIDED TRAINING FOR 22 PARAMEDICS FROM ISLAND, JEFFERSON, KING AND SNOHOMISH COUNTIES; FUNDED 120 HOURS OF CONTINUING MEDICAL EDUCATION FOR 260 SEATTLE AND KING COUNTY PARAMEDICS; AND PURCHASED ADDITIONAL TRAINING MANIKINS SO THAT PARAMEDIC STUDENTS COULD MEET SOCIAL DISTANCING REQUIREMENTS.

Program 2
Expenses: $740,495

GRANTS FOR SPECIAL PROJECTS RELATED TO PRE-HOSPITAL EMERGENCY SERVICES. LICENSING AND PROMOTION OF PULSEPOINT MOBLE APP FOR KING AND SNOHOMISH COUNTIES, EMERGENCY MEDICAL TECHNICIAN (EMT)...

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GRANTS FOR SPECIAL PROJECTS RELATED TO PRE-HOSPITAL EMERGENCY SERVICES. LICENSING AND PROMOTION OF PULSEPOINT MOBLE APP FOR KING AND SNOHOMISH COUNTIES, EMERGENCY MEDICAL TECHNICIAN (EMT) SCHOLARSHIPS, FIRE AND EMS ADVANCEMENT, VIAL OF LIFE, MENTAL HEALTH RESILIENCE TRAINING, MEDIC ONE COMMUNITY AWARENESS AND OTHER SPECIAL PROJECTS.

Program 3
Expenses: $275,260

PROVIDED CRITICAL CPR/AED AND FIRST AID TRAINING, BOTH CERTIFIED AND HANDS ONLY, FOR ALMOST 5,000 CITIZENS IN KING COUNTY.

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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 $4,754,195
Program Service Revenue $0
Investment Income $736,607
Other Revenue $0
TOTAL REVENUE $5,490,802

Expense Breakdown

Grants Paid $2,084,557
Salaries & Benefits $847,772
Fundraising Expenses $480,114
Program Expenses $3,064,377
Other Expenses $951,342
TOTAL EXPENSES $3,907,671

Year-over-Year Comparison

2023 2022 Change
Revenue $5,490,802 $4,429,703 +0.2%
Expenses $3,907,671 $2,917,787 +0.3%
Net Income $1,583,131 $1,511,916 +0.0%
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
16
Independent Members
16
Employees
8
Volunteers
35

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
5
$228,105
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN WEBSTER PRESIDENT 2.00
Officer Director
$0 $0 $0
CRAIG PETERSON PRESIDENT/TREASUR 2.00
Officer Director
$0 $0 $0
BROOKS SIMPSON PRESIDENT 2.00
Officer Director
$0 $0 $0
JOHN MCGARY SECRETARY 2.00
Officer Director
$0 $0 $0
GARY BEZOWSKY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL COPASS MD DIRECTOR 1.00
Director
$0 $0 $0
ALEXIS CURRAN DIRECTOR 1.00
Director
$0 $0 $0
HEATHER KELLY DIRECTOR 1.00
Director
$0 $0 $0
GRAHAM NICHOL MD MPH DIRECTOR 1.00
Director
$0 $0 $0
TOM REA MD DIRECTOR 1.00
Director
$0 $0 $0
JAMES RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
JEFF RICHEY DIRECTOR 1.00
Director
$0 $0 $0
ERIC ROTHENBERG DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL R SAYRE MD DIRECTOR 1.00
Director
$0 $0 $0
HAROLD D SCOGGINS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL VANDERSLICE DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY DUNCAN MARTIN EXECUTIVE DIRECTOR 40.00
Officer
$186,868 $41,237 $228,105
SARA OSHIKAWA-CLAY DIRECTOR OF PHILANTHROPY 40.00
Highest
$149,097 $34,149 $183,246
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 $5,490,802 $3,907,671 $9,818,792 $1,583,131
2022 $4,429,703 $2,917,787 $8,425,776 $1,511,916
2021 $2,581,728 $2,285,324 $7,018,167 $296,404
2020 $3,025,353 $2,315,572 $6,588,817 $709,781
2019 $2,527,054 $2,479,424 $5,325,377 $47,630
2018 $2,486,872 $1,919,519 $4,930,686 $567,353
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