Civic Intelligence

Gaffney Events Educational Trust

EIN 47-3109028 • 501(c)3 • Duvall, WA

Pub. 78 Eligible990-N Coverage

Profile

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.

27322 NE 143rd PlDuvall, WA 98019

gaffneyevents.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.07x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.01x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

42nd percentile

1.4%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

80th percentile

19%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

3.3%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$1,099,363

Up $174,835 (+19%) from 2023

Liabilities

Up

$72,823

Up $48,985 (+205%) from 2023

Net Assets

Up

$1,026,540

Up $125,850 (+14%) from 2023

Operations
Liabilities / Revenue15th percentileNet Margin42nd percentile

Revenue

Up

$9,057,304

Up $288,386 (+3.3%) from 2023

Expenses

Up

$8,931,454

Up $221,960 (+2.5%) from 2023

Net Income

Up

$125,850

Up $66,426 (+112%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2022: $844,493Liabilities 2022: $3,227Net Assets 2022: $841,2662022Assets 2023: $924,528Liabilities 2023: $23,838Net Assets 2023: $900,6902023Assets 2024: $1,099,363Liabilities 2024: $72,823Net Assets 2024: $1,026,5402024

Highlighted filing

2024

Assets$1,099,363
Liabilities$72,823
Net Assets$1,026,540
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2022: $7,449,802Expenses 2022: $8,705,892Net Income 2022: -$1,256,0902022Revenue 2023: $8,768,918Expenses 2023: $8,709,494Net Income 2023: $59,4242023Revenue 2024: $9,057,304Expenses 2024: $8,931,454Net Income 2024: $125,8502024

Highlighted filing

2024

Revenue$9,057,304
Expenses$8,931,454
Net Income$125,850
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,099,363
Liabilities
$72,823
Net assets
$1,026,540
Revenue
$9,057,304
Expenses
$8,931,454
Net income
$125,850
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.07$1.03$9.06$8.93$0.13
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.02$0.90$8.77$8.71$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$7.45$8.71$1.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.0
Gross Receipts
$9,057,304
Mission and Program 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$900,690$1,026,540▲ $125,850
Cash and Non-Interest-Bearing Accounts$574,393$769,188▲ $194,795
Savings and Temporary Cash Investments$350,135$330,175▼ $19,960
Total Assets$924,528$1,099,363▲ $174,835
Liabilities
Accounts Payable and Accrued Expenses$23,838$72,823▲ $48,985
Total Liabilities$23,838$72,823▲ $48,985
Net Assets / Fund Balance
Total Net Assets Fund Balance$900,690$1,026,540▲ $125,850
Total Liabilities and Net Assets / Fund Balance$924,528$1,099,363▲ $174,835
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Tricia GaffneyDirector
Chris VattaksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,557,564
Program Service Revenue
$2,484,434
Investment Income
$4,749
Other Revenue
$10,557
All Other Contributions
$6,557,564
Change in Net Assets
$125,850
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,931,454
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$1,404,503--$1,404,503
Office Expenses$359,156$4,800-$363,956
Other Expenses$100,375$25,000-$100,375
All Other Expenses$53,061--$53,061
Fees for Services Legal$20,036--$20,036
Total Functional Expenses$8,901,654$29,800$0$8,931,454
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Gaffney events, llc director director”

Form 990, Page 6, Part VI, Line 11B

“The board of directors reviews form 990 prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to the public on third party websites.”

Filing and Contact Details

Filer

Filer Name
Gaffney Events Educational Trust
EIN
47-3109028
Phone
4254421314
Address
27322 NE 143RD PL, DUVALL, WA 98019

Signing Officer

Name
Tricia Gaffney
Title
Director
Phone
4258449019
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tricia Gaffney
Formed
2015
Legal Domicile
Wa
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
The Akopyan Group Cpas Ps
Address
11811 NE 1ST ST STE 202, BELLEVUE, WA 98005
Preparer
Keith O Applegate CPA
Phone
2068383800
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GAFFNEY EVENTS, LLC DIRECTOR DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THIRD PARTY WEBSITES.
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