Washington Progress Fund

🔒

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

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

Holly Marklyn

Phone

2065698056

Tax Period

2023-01-01 to 2023-12-31

Washington Progress Fund, founded in 2009, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $539K, a strong 26% operating margin.

Mission

Washington Progress Fund is building a permanent and powerful social change movement in Washington state supported by a network of committed donors. WPF envisions a Washington state where government serves the public interest and we all benefit from a fair and sustainable economy.

Program Service Accomplishments

Program 1

Expenses: $1,118,155

Grantmaking - We provide grants to organizations in the social change community in the following core strategy areas planning, collaboration, and organizational development leadership development...

Grantmaking - We provide grants to organizations in the social change community in the following core strategy areas planning, collaboration, and organizational development leadership development organizing and civic engagement policy development messaging and communications and building a healthy democracy.

Program 2

Expenses: $47,986

Partner Capacity Building - We convene our network to build shared strategies and invest in tools that support their working together effectively, foster collaboration between partners, and provide...

Program 3

Expenses: $46,704

Donor Education Organizing - We organize donors around a vision of Washington state where government serves the public interest, people have self-determination, and we all benefit from a fair and...

Donor Education Organizing - We organize donors around a vision of Washington state where government serves the public interest, people have self-determination, and we all benefit from a fair and sustainable economy that supports people and the environment.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,036,377

Program Service Revenue $1,500

Investment Income $43,113

Other Revenue $0

TOTAL REVENUE $2,080,990

Expense Breakdown

Grants Paid $1,102,530

Salaries & Benefits $282,232

Fundraising Expenses $35,649

Program Expenses $1,212,845

Other Expenses $143,707

TOTAL EXPENSES $1,541,931

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,080,990	$1,728,683	+0.2%
Expenses	$1,541,931	$1,965,763	-0.2%
Net Income	$539,059	$-237,080	-3.3%

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

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

$197,563

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dionne Foster	Executive Director	025.00	Key Emp	$0	$128,351	$197,563
Jessica Jones	Deputy Director	024.00	Highest	$0	$62,517	$138,096
Lisa Pubigee	Operations Manager	024.00	Highest	$0	$54,439	$118,746
Vu Le	Vice President	001.00	Officer Director	$0	$0	$0
Rod Brown	Treasurer	001.00	Officer Director	$0	$0	$0
Holly Marklyn	Director	001.00	Director	$0	$0	$0
Rich Stolz	Director	001.00	Director	$0	$0	$0
Ankita Patel	Director	001.00	Director	$0	$0	$0
Brooke Williams	President	001.00	Officer 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	$2,080,990	$1,541,931	$2,071,411	$539,059
2022	$1,728,683	$1,965,763	$1,142,906	$-237,080
2021	$1,581,198	$1,225,632	$1,375,564	$355,566
2020	$2,211,766	$2,314,496	$1,108,447	$-102,730
2019	$2,381,527	$1,849,465	$1,139,170	$532,062
2018	$1,798,994	$1,673,438	$607,108	$125,556