BIRTHINGWAY COLLEGE OF MIDWIFERY

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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

1996

Legal Domicile

Principal Officer

HOLLY SCHOLLES

Phone

5037603131

Tax Period

2021-01-01 to 2021-12-31

BIRTHINGWAY COLLEGE OF MIDWIFERY, founded in 1996, is a small nonprofit that reported $477K in total revenue in fiscal year 2021. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 25% operating margin.

Mission

TO SET THE STANDARD FOR EDUCATING EXCELLENT ENTRY LEVEL AND CONTINUING PRACTITIONERS OF THE MIDWIFERY ARTS AND SCIENCES WITHIN THE BIODYNAMIC MODEL, INTEGRATING A SOLID FRAMEWORK OF TRADITIONAL KNOWLEDGE AND PRACTICES WITH A VARIETY OF THERAPEUTIC APPROACHES.

Program Service Accomplishments

Program 1

Expenses: $261,547 Revenue: $25,015

BIRTHINGWAY'S MISSION IS TO SET THE STANDARD FOR EDUCATING EXCELLENT ENTRY LEVEL AND CONTINUING PRACTITIONERS OF THE MIDWIFERY ARTS AND SCIENCES WITHIN THE BIODYNAMIC MODEL, INTEGRATING A SOLID...

BIRTHINGWAY'S MISSION IS TO SET THE STANDARD FOR EDUCATING EXCELLENT ENTRY LEVEL AND CONTINUING PRACTITIONERS OF THE MIDWIFERY ARTS AND SCIENCES WITHIN THE BIODYNAMIC MODEL, INTEGRATING A SOLID FRAMEWORK OF TRADITIONAL KNOWLEDGE AND PRACTICES WITH A VARIETY OF THERAPEUTIC APPROACHES. TO THAT END, BIRTHINGWAY IS PLEASED TO SHARE THAT, IN 2021, 100% OF STUDENTS WHO TOOK THE CERTIFYING EXAM OFFERED BY THE NORTH AMERICAN REGISTRY OF MIDWIVES (NARM), PASSED THE EXAM. THIS INDICATES THAT BIRTHINGWAY HAS PREPARED ITS STUDENTS TO MEET THE HIGHEST STANDARDS ESTABLISHED BY THE NATIONAL CREDENTIALING AGENCIES, AND THOSE STUDENTS WILL GO ON TO POSITIVELY IMPACT THE FAMILIES BY PROVIDING EXCELLENT CARE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $172,195

Program Service Revenue $25,015

Investment Income $279,465

Other Revenue $0

TOTAL REVENUE $476,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $285,106

Fundraising Expenses $0

Program Expenses $261,547

Other Expenses $71,519

TOTAL EXPENSES $356,625

Year-over-Year Comparison

	2021	2020	Change
Revenue	$476,675	$245,152	+0.9%
Expenses	$356,625	$423,679	-0.2%
Net Income	$120,050	$-178,527	-1.7%

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

Governance

Voting Members

Independent Members

Employees

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

$134,915

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLY SCHOLLES	PRESIDENT	40.00	Officer	$78,000	$5,355	$83,355
CLAIRE HOFFMAN	SECRETARY	40.00	Officer	$46,205	$5,355	$51,560
KIM HANDSAKER	BOARD MEMBER	1.00	Director	$0	$0	$0
CARRIE MCCORMICK	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLA PATTERSON-CARSTENSEN	TREASURER/BO	1.00	Officer Director	$0	$0	$0
MIKE REDING	BOARD MEMBER	1.00	Director	$0	$0	$0
SIERRA SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
JACKIE ZAPP-ALBIN	BOARD CHAIR	1.00	Officer 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
2021	$476,675	$356,625	$180,511	$120,050
2020	$245,152	$423,679	$600,460	$-178,527
2019	$356,417	$594,579	$828,347	$-238,162
2018	$580,926	$733,456	$1,159,446	$-152,530