Washington Institute For Coagulation is a 501(c)(3) organization based in Seattle, Washington, registered in 2018, with $122,490,634 in FY2023 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
Revenue (FY2023)
$122.5M
▲ 7.0% vs prior year
Diseases median: $206K
Expenses (FY2023)
$108.9M
Net assets
$54.0M
Employees
43
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Washington Institute For Coagulation: 98% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Washington Institute For Coagulation: 6 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Washington Institute For Coagulation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Washington Institute For Coagulation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The washington center for bleeding disorders (wacbd) is dedicated to secure, promote and protect optimal health for people with bleeding disorders through comprehensive care, education and research in partnership with our patients, their families, and the local and national bleeding disorders community.
Pharmacy services: as an integral part of our comprehensive care model, our pharmacy provides blood clotting factor products to patients and hospital providers throughout the state of washingtonand parts of alaska, montana, and idaho. pharmacy services at the washington center for bleeding disorders (wacbd) has two primary components, a licensed hemophilia specialty pharmacy, and a licensed pharmaceutical wholesaler. the hemophilia specialty pharmacy supports clinical operations for more than 550 adult patients who receive care at our main facility in seattle, wa and at outreach clinics throughout the state of washington. the pharmacy also provides support to the more than 450 children with bleeding disorders who receive care at our affiliated children's centers located in tacoma, seattle, and spokane, washington. patient services are provided primarily through the filling of mail order prescriptions and patient counseling on factor and non-factor prescription medications for treatment of variety of bleeding disorders. the wholesale operations provide 24 hour a day/7 day a week support to wacbd clinical consultants and over 70 hospitals in washington state, who require blood factor replacement products and specialty pharmaceuticals for treatment of patients with bleeding disorders.
Revenue grew from $23.3M (FY2020) to $122.5M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
11.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$78.7M
Total liabilities
$24.6M
Net assets
$54.0M
Salaries & benefits
$8.0M
7% of expenses
Board members
5
4 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $122,490,634▲7.0% | $108,898,367▲4.3% | $54,028,036▲33.6% | $78,674,468▲5.9% | 990 |
| 2022 | $114,481,287▲9.8% | $104,365,786▲8.9% | $40,434,846▲52.8% | $74,267,913▲18.7% | 990 |
| 2021 | $104,303,330▲348% | $95,835,264▲1701% | $26,459,150▲47.1% | $62,548,021▲172% | 990 |
| 2020 | $23,307,124 | $5,320,012 | $17,991,084 | $22,969,975 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Rebecca Kruse-jarres Md — $284,614 (0.26% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rebecca Kruse-jarres Md | Executive/medical Director | 40 | $284,614 |
| Kim R Snyder | Chief Financial Officer/coo | 40 | $245,217 |
| Hsin Kai A Chen | Pharmacy Director | 40 | $164,615 |
| Heebeen Kim | Clinical Pharmacist | 40 | $145,592 |
| Catlin T Goodfriend | Clinical Pharmacist | 40 | $134,579 |
| Khoa C Le | Clinical Pharmacist | 40 | $134,401 |
| Renee M Killian | Clincial Nurse Coordinator | 40 | $128,294 |
| Anne Jezzamine Y Choi | Nurse Practitioner | 40 | $127,447 |
| Krishna Jafa | Treasurer | 1 | — |
| Kristian Prill Hamilton | President | 1 | — |
| Neil Josephson Md | Vice President | 1 | — |
| Roshni Kulkarni | Board Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Dah Corporation DBA Isoutsource | It Contractors | $433,922 |
| Clark Nuber Ps | Accounting Services | $116,205 |
3 grants to Washington Institute For Coagulation totaling $53K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Bloodworks | Von willibrand facotr in pregnancy (vip) study | 2023 | $17,948 |
| Bloodworks | Von willibrand facotr in pregnancy (vip) study | 2022 | $7,800 |
| Bloodworks | Von willebrand factor in pregnancy (vip) study | 2021 | $27,244 |
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Data for Washington Institute For Coagulation (EIN 83-2302258) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.