BELIEVE IN ME

EIN: 204830357 501(c)(3) Philanthropy & Grantmaking

SEATTLE, WA

Total Revenue
$173,232
Total Expenses
$1,204,260
Total Assets
$7,275,534
Net Assets
$7,010,411
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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
2006
Legal Domicile
WA
Principal Officer
JULIE WUKELIC
Phone
2064148043
Tax Period
2023-01-01 to 2023-12-31

BELIEVE IN ME, founded in 2006, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $173K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 595% operating deficit.

Mission

TO HELP EVERY KID DEVELOP THE SELF-CONFIDENCE THEY NEED TO SUCCEED BY FUNDING CHILDREN'S CHARITIES THAT PROVIDE DISADVANTAGED KIDS WITH A SAFE PLACE TO CALL HOME, A FAMILY THAT LOVES THEM, A FEELING OF COMMUNITY, AND OPPORTUNITIES TO LEARN, BUILD SELF-ESTEEM AND HAVE FUN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $321,737
Program Service Revenue $60,146
Investment Income $153,750
Other Revenue $-362,401
TOTAL REVENUE $173,232

Expense Breakdown

Grants Paid $211,566
Salaries & Benefits $440,798
Fundraising Expenses $292,124
Program Expenses $376,612
Other Expenses $551,896
TOTAL EXPENSES $1,204,260

Year-over-Year Comparison

2023 2022 Change
Revenue $173,232 $370,002 -0.5%
Expenses $1,204,260 $1,210,763 0.0%
Net Income $-1,031,028 $-840,761 +0.2%
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
12
Independent Members
12
Employees
9
Volunteers
12

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
$149,889
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE WUKELIC CEO 40.00
Officer
$149,889 $0 $149,889
AARON RILEY CHAIR 1.00
Officer Director
$0 $0 $0
MATT CRONRATH VICE CHAIR 1.00
Director
$0 $0 $0
LORI BRENNAN TREASURER 1.00
Officer Director
$0 $0 $0
SHAWN DAVIS DIRECTOR 1.00
Director
$0 $0 $0
ALENE ALEXANDER DIRECTOR 1.00
Director
$0 $0 $0
KEITH TREFRY DIRECTOR 1.00
Director
$0 $0 $0
JOHN REZNICEK DIRECTOR 1.00
Director
$0 $0 $0
JOHN POWERS DIRECTOR 1.00
Director
$0 $0 $0
DAN MENSER DIRECTOR 1.00
Director
$0 $0 $0
PAUL HUTTON DIRECTOR 1.00
Director
$0 $0 $0
COLA BOYER DIRECTOR 1.00
Director
$0 $0 $0
JACOB CRANER DIRECTOR 1.00
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 No data No data No data No data
2023 $173,232 $1,204,260 $7,275,534 $-1,031,028
2022 $370,002 $1,210,763 $7,842,784 $-840,761
2021 $675,586 $3,578,186 $12,059,803 $-2,902,600
2020 $684,490 $1,325,789 $11,893,569 $-641,299
2019 $514,734 $909,426 $12,226,738 $-394,692
2018 $394,061 $613,157 $11,146,181 $-219,096
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