Foundation for Healthy Generations

EIN: 916186093 501(c)(3) Health Care

Tacoma, WA

Total Revenue
$507,681
Total Expenses
$594,745
Total Assets
$7,864,939
Net Assets
$7,810,088
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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
WA
Principal Officer
Julie Peterson
Phone
2068242907
Tax Period
2024-01-01 to 2024-12-31

Foundation for Healthy Generations, founded in 1974, is a small nonprofit in the Health Care sector that reported $508K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $595K exceeded revenue, resulting in a 17% operating deficit.

Mission

Our mission is to create enduring health equity. We take a multi-generational approach to our work, looking across the lifespan. Our health equity framework focuses on three areas: 1) Shifting Power to Communities; 2) Transforming Society's Response to Trauma and Toxic Stress; and 3) Eliminating Structural Injustice.

Program Service Accomplishments

Program 1
Expenses: $166,992

Other Program Services:Arcora Foundation's funded program (via the Tacoma-Pierce County Dept of Health): FHG held oral health trainings, dental visits, and listening sessions with community health...

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Other Program Services:Arcora Foundation's funded program (via the Tacoma-Pierce County Dept of Health): FHG held oral health trainings, dental visits, and listening sessions with community health workers (CHWs) to determine the trainings and resources needed to develop/enhance the skills and knowledge of oral health for CHWs and their communities. Based on data obtained from the CHW surveys in 2019 and 2023, FHG produced a comparison analysis that assessed the oral health knowledge and needs of the CHWs and their respective communities, and highlighted the changes between 2019 and 2023. FHG subsequently hosted an event to share the learnings to CHWs, local impact network members and other potential partners.Washington Chapter of the American Academy of Pediatrics (WCAAP): FHG collaborated with WCAAP to develop a curriculum for CHWs in pediatric setting to support children and families. FHG also provided professional development coaching to CHWs in pediatric clinics.

Program 2
Expenses: $46,174

Statewide Prevention Alliance: Coalescing for Change - For effective policy and systems change we connect leaders from a variety of sectors and disciplines and inform them about their overlapping...

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Statewide Prevention Alliance: Coalescing for Change - For effective policy and systems change we connect leaders from a variety of sectors and disciplines and inform them about their overlapping interest and investments; analyze data and research to supply findings to decision makers at all levels of health improvement efforts to inform how they design policy and implement innovations. This strategic support is in the form of funds and technical expertise to support the work related to the Prevention Alliance.The Prevention Alliance incubates PSE (policy, systems and environmental) strategies for local and statewide health improvements. We coordinate this broad collaboration between cross sector groups representing behavioral health, gun violence prevention, public health, transportation, climate change, cannabis, tobacco and vape prevention, school-based clinics, housing, and outdoor recreation. Focus on connecting meeting the needs of the diverse Community Health Worker workforce by continuously improving training, professional development, such as training CHWs in Diabetes, Hypertension, and healthy cooking. Estimated impact: 4 million Washington residents statewide.

Program 3
Expenses: $28,981

Chronic Disease Prevention-Diabetes: The Foundation for Healthy Generations (Healthy Generations) is working with three Accountable Communities of Health, Greater Health Now, Better Health Now, and...

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Chronic Disease Prevention-Diabetes: The Foundation for Healthy Generations (Healthy Generations) is working with three Accountable Communities of Health, Greater Health Now, Better Health Now, and Southwest Accountable Community of Health (SWATCH) to survey organizations that will be providing health related social needs (HRSN) under Washington State's Medicaid Transformation Project (MTP). In addition, organizations will be interviewed about their needs for chronic disease training in the areas of high blood pressure, diabetes, high cholesterol for their CHWs/Care Coordinators.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $222,911
Program Service Revenue $0
Investment Income $281,890
Other Revenue $2,880
TOTAL REVENUE $507,681

Expense Breakdown

Grants Paid $0
Salaries & Benefits $422,655
Fundraising Expenses $0
Program Expenses $269,819
Other Expenses $172,090
TOTAL EXPENSES $594,745

Year-over-Year Comparison

2024 2023 Change
Revenue $507,681 $555,966 -0.1%
Expenses $594,745 $572,668 +0.0%
Net Income $-87,064 $-16,702 +4.2%
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
7

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
$176,939
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Peterson Executive Dir. 40.00
Officer
$159,251 $17,688 $176,939
Lori Stolee Chair 1.00
Officer Director
$0 $0 $0
Dennis Worsham Vice Chair 1.00
Officer Director
$0 $0 $0
Nancy Anderson Secretary/Treas 1.00
Officer Director
$0 $0 $0
Nora Coronado Director 1.00
Director
$0 $0 $0
Robin Pickering Director 1.00
Director
$0 $0 $0
Maddy Agranoff Director 1.00
Director
$0 $0 $0
Renee Rooker 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 $507,681 $594,745 $7,864,939 $-87,064
2023 $555,966 $572,668 $7,527,699 $-16,702
2022 $432,883 $569,647 $6,987,626 $-136,764
2021 $544,331 $591,393 $8,693,020 $-47,062
2020 $469,862 $970,152 $8,191,577 $-500,290
2019 $2,005,961 $2,095,699 $8,226,145 $-89,738
2018 $1,534,306 $2,920,414 $9,734,491 $-1,386,108
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