THE EMPLOYEE COMMUNITY FOUNDATION OPTUM WASHINGTON (EIN 943214711) - 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

1994

Legal Domicile

Principal Officer

DR SRILATHA SHOROFF

Phone

4252590966

Tax Period

2024-01-01 to 2024-12-31

THE EMPLOYEE COMMUNITY FOUNDATION OPTUM WASHINGTON, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $131K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $23K, a strong 18% operating margin.

Mission

TO PROVIDE ONGOING PHILANTHROPIC SUPPORT TO CHARITABLE ORGANIZATIONS IN WESTERN WASHINGTON.

🔒

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 $130,366

Program Service Revenue $0

Investment Income $879

Other Revenue $0

TOTAL REVENUE $131,245

Expense Breakdown

Grants Paid $96,420

Salaries & Benefits $0

Fundraising Expenses $4,106

Program Expenses $96,420

Other Expenses $11,602

TOTAL EXPENSES $108,022

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,245	$145,878	-0.1%
Expenses	$108,022	$204,103	-0.5%
Net Income	$23,223	$-58,225	-1.4%

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

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
DR SRILATHA SHOROFF	PRESIDENT	0.25	Officer Director	$0	$0	$0
CONNIE WITTREN	DIRECTOR	0.25	Director	$0	$0	$0
DR CHRISTOPHER HEMPEL	DIRECTOR	0.25	Director	$0	$0	$0
DEANNA SCOTT	DIRECTOR (THRU 10/24)	0.25	Director	$0	$0	$0
AMANDA JAKOSITZ	DIRECTOR	0.25	Director	$0	$0	$0
MELANIE ACKLIN	DIRECTOR	0.25	Director	$0	$0	$0
SHERYL ESPESETH	DIRECTOR	0.50	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	$131,245	$108,022	$215,766	$23,223
2023	$145,878	$204,103	$192,543	$-58,225
2022	$276,698	$205,939	$257,783	$70,759
2021	$160,158	$168,505	$193,659	$-8,347
2020	$271,170	$301,440	$188,356	$-30,270
2019	$325,785	$328,536	$223,626	$-2,751
2018	$359,414	$379,733	$221,377	$-20,319

THE EMPLOYEE COMMUNITY FOUNDATION OPTUM WASHINGTON