KBO CRAB COOPERATIVE

EIN: 203109607 Food, Agriculture & Nutrition

EDMONDS, WA

Total Revenue
$98,003
Total Expenses
$82,427
Total Assets
$6,295,626
Net Assets
$92,626
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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
WA
Principal Officer
CRAIG LOWENBERG
Phone
4254446816
Tax Period
2020-07-01 to 2021-06-30

KBO CRAB COOPERATIVE, founded in 2005, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $98K in total revenue in fiscal year 2020. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $16K, a strong 16% operating margin.

Mission

DUES ARE COLLECTED TO COVER EXPENSES RELATED TO ALLOCATION OF COLLECTIVE FISHING QUOTAS.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $98,003
Investment Income $0
Other Revenue $0
TOTAL REVENUE $98,003

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $82,427
TOTAL EXPENSES $82,427

Year-over-Year Comparison

2020 2019 Change
Revenue $98,003 $87,350 +0.1%
Expenses $82,427 $78,429 +0.1%
Net Income $15,576 $8,921 +0.7%
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

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Governance

Voting Members
59
Independent Members
59
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOUIE LOWENBERG PRESIDENT 10.00
Officer
$0 $0 $0
MARK CASTO VICE PRESIDENT 10.00
Officer
$0 $0 $0
JIM STONE SECRETARY/TREASURER 1.00
Officer
$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
2025 No data No data No data No data
2021 $98,003 $82,427 $6,295,626 $15,576
2020 $87,350 $78,429 $580,079 $8,921
2019 $86,298 $75,324 $766,440 $10,974
2018 $84,021 $69,064 $58,903 $14,957
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