Gaffney Events Educational Trust

Nonprofit profile at a glance

EIN
473109028
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-N 2023
Location
Duvall, WA, USA
Phone
4254421314
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$10,449,047
Expenses
$9,500,498
Assets
$1,991,811
Liabilities
$16,722

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • TRICIA GAFFNEY (DIRECTOR)
  • CHRIS VATTAKS (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of gaffney events educational trust is to assist in advanced patient care and public health through support of continuing medical educational (cme) programs, as well as advancing the medical knowledge of practitioners in order that they may practically apply that knowledge to patient care scenarios. The gaffney events educational trust has been established to hold and disperse funds received from medical device and pharmaceutical corporations in the form of educational grants. These funds will provide continuing medical education (cme) to professionals in all medical fields. This required education empowers medical professionals to maintain competence and learn about new and developing areas of their field. These cme activities will be live events, written publications, online programs, audio, video, or other electronic media. Content for these programs is developed, reviewed, and delivered by faculty who are experts in their individual clinical areas.

What it reported doing in 2025

Conduct and provide continuing medical education (cme)to medical professionals to professionals in all medical fields.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78%; rating input score 78
  • Program expense ratio: 85.8%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.1%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 89; 89th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: -1.6% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 29.8% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 78% of revenue deployed · 85.8% of spending went to programs
  • Governance: 2 of 2 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $8.1M in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Highest-paid contractors: 3 contractors listed · $1.8M reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • Review — Sustainability: Operating margin scored 56/100.