THE SEATTLE AREA GERMAN AMERICAN SCHOOL (EIN 202607873) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

ANJANETTE GONZALES

Phone

2064286090

Tax Period

2024-01-01 to 2024-08-31

THE SEATTLE AREA GERMAN AMERICAN SCHOOL, founded in 2005, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 17% operating deficit.

Mission

THE SEATTLE AREA GERMAN AMERICAN SCHOOL PROVIDES A GERMAN IMMERSION EDUCATION.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $47,749

Program Service Revenue $1,312,591

Investment Income $931

Other Revenue $0

TOTAL REVENUE $1,361,271

Expense Breakdown

Grants Paid $15,529

Salaries & Benefits $1,066,986

Fundraising Expenses $466

Program Expenses $1,149,265

Other Expenses $515,537

TOTAL EXPENSES $1,598,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,361,271	$2,038,913	-0.3%
Expenses	$1,598,052	$2,056,636	-0.2%
Net Income	$-236,781	$-17,723	+12.4%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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
ANJANETTE GONZALES	HEAD OF SCHOOL	50.00	Officer	$0	$0	$0
TORSTEN HEIDER	PRESIDENT	15.00	Officer Director	$0	$0	$0
KATHLEEN KOEHLER	TREASURER	10.00	Officer Director	$0	$0	$0
JUERGEN SCHATZER	SECRETARY	5.00	Officer Director	$0	$0	$0
KARSTEN AICHHOLZ	DIRECTOR	5.00	Director	$0	$0	$0
DR OLAF WECKNER	DIRECTOR	5.00	Director	$0	$0	$0
DR DANA BAGWELL	DIRECTOR (UNTIL 03/2024)	5.00	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	$1,361,271	$1,598,052	$1,174,037	$-236,781
2023	$2,038,913	$2,056,636	$1,349,179	$-17,723
2022	$2,025,664	$1,826,413	$1,321,039	$199,251
2021	$1,773,629	$1,615,300	$1,254,583	$158,329
2020	$1,494,028	$1,627,170	$1,062,498	$-133,142
2019	$1,583,844	$1,331,621	$1,032,039	$252,223
2018	$1,457,519	$1,241,944	$842,443	$215,575

THE SEATTLE AREA GERMAN AMERICAN SCHOOL