WESTERN SOCIETY OF ALLERGY ASTHMA … - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

DREW WHITE MD

Phone

5033309672

Tax Period

2024-06-01 to 2025-05-31

WESTERN SOCIETY OF ALLERGY ASTHMA AND IMMUNOLOGY, founded in 1992, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $307K, a strong 26% operating margin.

Mission

THE PRIMARY PURPOSE OF THIS ORGANIZATION IS TO ENCOURAGE ASSOCIATION OF MEDICAL PROFESSIONALS SPECIALIZING IN ALLERGY FOR THE STUDY OF CURRENT ISSUES AND DEVELOPMENTS RELEVANT TO ALLERGY MEDICINE AND THE CONTINUING EDUCATION OF ALLERGY PROFESSIONALS.

Program Service Accomplishments

Program 1

Expenses: $744,528 Revenue: $1,019,195

ANNUAL SCIENTIFIC AND EDUCATION CONFERENCE ATTENDED BY PHYSICIANS AND MEDICAL SPECIALISTS. CONFERENCE DISCUSSES AND PRESENTS ISSUES, IDEAS, & METHODOLOGIES TO PROMOTE A GREATER UNDERSTANDING OF...

ANNUAL SCIENTIFIC AND EDUCATION CONFERENCE ATTENDED BY PHYSICIANS AND MEDICAL SPECIALISTS. CONFERENCE DISCUSSES AND PRESENTS ISSUES, IDEAS, & METHODOLOGIES TO PROMOTE A GREATER UNDERSTANDING OF ASTHMA, ALLERGY AND IMMUNOLOGY DISEASES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $23,965

Program Service Revenue $1,019,195

Investment Income $132,923

Other Revenue $0

TOTAL REVENUE $1,176,083

Expense Breakdown

Grants Paid $45,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $744,528

Other Expenses $823,100

TOTAL EXPENSES $868,800

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,176,083	$901,380	+0.3%
Expenses	$868,800	$745,621	+0.2%
Net Income	$307,283	$155,759	+1.0%

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

Governance

Voting Members

162

Independent Members

162

Employees

N/A

Volunteers

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
DAVID ELKAYAM	PRESIDENT	5.00	Officer Director	$0	$0	$0
DREW WHITE MD	PROGRAM DIRECTOR/PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
MARC RIEDL MD MS	EXECUTIVE DIRECTOR	1.00	Director	$0	$0	$0
RENE ANDERSON-COWELL MD	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
AMY WAGELIE-STEFFEN MD	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JINNY CHANG MD	EXECUTIVE DIRECTOR	1.00	Director	$0	$0	$0
KRISTINA JAMES MD	EXECUTIVE DIRECTOR	1.00	Director	$0	$0	$0
MARK TUCKER MD	EXECUTIVE 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
2025	$1,176,083	$868,800	$3,064,263	$307,283
2024	$901,380	$745,621	$2,594,040	$155,759
2023	$829,069	$607,743	$2,379,739	$221,326
2022	$759,250	$596,795	$2,200,474	$162,455
2021	$133,048	$121,165	$2,194,330	$11,883
2020	$841,531	$635,361	$1,917,865	$206,170
2019	$644,837	$495,100	$1,806,793	$149,737

WESTERN SOCIETY OF ALLERGY ASTHMA AND IMMUNOLOGY