WASHINGTON STATE DERMATOLOGY ASSOCIATION (EIN 943167911) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

MEREDITH SHEEDY MD

Phone

2064419762

Tax Period

2024-01-01 to 2024-12-31

WASHINGTON STATE DERMATOLOGY ASSOCIATION, founded in 1991, is a small nonprofit that reported $212K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $136K, a strong 64% operating margin.

Mission

PROVIDE QUALITY CONTINUING MEDICAL EDUCATION TO DERMATOLOGY PHYSICIANS AS WELL AS PHYSICIANS IN TRAINING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $212,475

Investment Income $20

Other Revenue $0

TOTAL REVENUE $212,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $76,206

TOTAL EXPENSES $76,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$212,495	$229,514	-0.1%
Expenses	$76,206	$151,348	-0.5%
Net Income	$136,289	$78,166	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
MEREDITH SHEEDY MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
ZARRY TAVAKKOL MD	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
TANYA GREYWAL MD	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
KATIE BASSETT MD	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
HEATHER BRANDLING-BENNETT MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ANDREA KALUS MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ELEANOR KNOPP MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ROBERT SIDNEY MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
LAURA SWANSON MD	MEMBER AT LARGE	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	$212,495	$76,206	$276,426	$136,289
2023	$229,514	$151,348	$140,137	$78,166

WASHINGTON STATE DERMATOLOGY ASSOCIATION