FRIENDS OF LOPEZ ISLAND POOL

EIN: 262079787 501(c)(3) Philanthropy & Grantmaking

LOPEZ ISLAND, WA

Total Revenue
$451,742
Total Expenses
$192,138
Total Assets
$4,932,044
Net Assets
$4,890,098
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
WA
Principal Officer
WILLIAM LE DREW
Phone
3604683491
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF LOPEZ ISLAND POOL, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $452K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $260K, a strong 57% operating margin.

Mission

FRIENDS OF LOPEZ ISLAND POOL (FLIP) WAS FORMED IN 2008 TO BRING GREATER HEALTH, WATER SAFETY AND COMMUNITY TO THE PEOPLE OF SAN JUAN COUNTY BY BUILDING AND OPERATING A SUSTAINABLE, LOW MAINTENANCE, INDOOR SWIM CENTER THAT WILL SERVE THE COMMUNITY FOR GENERATIONS TO COME.

Program Service Accomplishments

Program 1
Expenses: $810

FLIP'S VISION IS TO HAVE A SAFE, SECURE PLACE FOR OUR CHILDREN TO LEARN TO SWIM; FOR ALL AGES TO HAVE AN ACCESSIBLE POOL FOR RECREATION, EXERCISE, AND WATER THERAPY; AND FOR SAN JUAN COUNTY TO HAVE A...

Read more

FLIP'S VISION IS TO HAVE A SAFE, SECURE PLACE FOR OUR CHILDREN TO LEARN TO SWIM; FOR ALL AGES TO HAVE AN ACCESSIBLE POOL FOR RECREATION, EXERCISE, AND WATER THERAPY; AND FOR SAN JUAN COUNTY TO HAVE A SAFER, HEALTHIER, AND MORE CONNECTED COMMUNITY WITH AN IMPROVED QUALITY OF LIFE. THE LOPEZ ISLAND SWIM CENTER WILL PROVIDE WATER THERAPY, REHABILITATION, SWIM LESSONS, EMT WATER RESCUE TRAINING, LIFEGUARD TRAINING AND COMMUNITY ACTIVITIES. SAN JUAN COUNTY RESIDENTS OF ALL ABILITIES AND AGES, FROM INFANTS TO SENIORS, WILL BENEFIT FROM THE SWIM CENTER'S YEAR-ROUND PROGRAMMING.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $390,584
Program Service Revenue $0
Investment Income $61,158
Other Revenue $0
TOTAL REVENUE $451,742

Expense Breakdown

Grants Paid $0
Salaries & Benefits $82,335
Fundraising Expenses $51,664
Program Expenses $810
Other Expenses $109,803
TOTAL EXPENSES $192,138

Year-over-Year Comparison

2023 2022 Change
Revenue $451,742 $1,045,033 -0.6%
Expenses $192,138 $164,228 +0.2%
Net Income $259,604 $880,805 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
46

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
4
$82,335
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM LE DREW PRESIDENT 7.00
Officer Director
$0 $0 $0
TOM DIGIORGIO TREASURER 7.00
Officer Director
$0 $0 $0
MICKI RYAN SECRETARY 3.00
Officer Director
$0 $0 $0
LINDA BARTON BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN BERGSTROM BOARD MEMBER 3.00
Director
$0 $0 $0
MATT NEWMAN BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN GOFF BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE NORTH BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE MARIE MACPHERSON EXECUTIVE DIRECTOR 40.00
Officer
$82,335 $0 $82,335
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 $451,742 $192,138 $4,932,044 $259,604
2022 $1,045,033 $164,228 $4,664,174 $880,805
2021 $647,098 $280,926 $3,776,995 $366,172
2020 $814,044 $167,340 $3,387,086 $646,704
2019 $794,589 $59,146 $2,729,135 $735,443
2018 $1,074,709 $53,177 $1,994,811 $1,021,532
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRIENDS OF LOPEZ ISLAND POOL with other nonprofits in Washington and across the country.