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
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Financial Vulnerability Assessment (Tuckman-Chang)

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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

OUR MISSION IS TO BRING GREATER HEALTH, WATER SAFETY AND COMMUNITY TO THE PEOPLE OF SAN JUAN COUNTY BY BUILDING THE COUNTY'S ONLY COMMUNITY AND FULLY ACCESSIBLE POOL. IT WILL SERVE ALL AGES WITH EXERCISE, AQUA-THERAPY, LEARN-TO-SWIM AND WATER SAFETY CLASSES, EMERGENCY MEDICAL SERVICES TRAINING, FAMILY (AND ISLAND VISITOR) RECREATION, AND STUDENT PROGRAMS AND SWIM TEAMS.

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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 $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
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Financial Health Indicators

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Liquidity & Cash Position

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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
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