EVENING OF HOPE A SEATTLE HOTEL ASSOCIATION FOUNDATION

EIN: 263660982 501(c)(3)

MERCER ISLAND, WA

Total Revenue
$234,776
Total Expenses
$239,223
Total Assets
$64,826
Net Assets
$64,826
🔒

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
2008
Legal Domicile
WA
Phone
2068543626
Tax Period
2020-01-01 to 2020-12-31

EVENING OF HOPE A SEATTLE HOTEL ASSOCIATION FOUNDATION, founded in 2008, is a small nonprofit that reported $235K in total revenue in fiscal year 2020. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

TO RAISE FUNDS TO SUPPORT OTHER CHARITABLE ORGANIZATIONS DESCRIBED IN CODE SECTION 501(C)(3).

Program Service Accomplishments

Program 1
Expenses: $231,900

The Seattle Hotel Association created the Evening of Hope Gala in 1996 to showcase the organization's effort to make a difference for people in our community. Since the inception of the organization...

Read more

The Seattle Hotel Association created the Evening of Hope Gala in 1996 to showcase the organization's effort to make a difference for people in our community. Since the inception of the organization, proceeds from this event have benefited Northwest Aids, Susan G. Komen Breast Cancer Foundation, Puget Sound Affiliate, Plymouth Housing Group, The Pike Place Market Foundation and the Seattle Police Foundation. The Evening of Hope Gala has raised well over $5.5 million for these deserving local charities. All proceeds from the Evening of Hope Gala benefit the selected charity and through the volunteer effort of the Seattle Hotel Association members and designated charity organizations the event has grown to be one of the most successful Galas in Seattle's history.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $383,583
Program Service Revenue $0
Investment Income $0
Other Revenue $-148,807
TOTAL REVENUE $234,776

Expense Breakdown

Grants Paid $231,900
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $231,900
Other Expenses $7,323
TOTAL EXPENSES $239,223

Year-over-Year Comparison

2020 2019 Change
Revenue $234,776 $339,248 -0.3%
Expenses $239,223 $337,588 -0.3%
Net Income $-4,447 $1,660 -3.7%
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
4
Independent Members
4
Employees
N/A
Volunteers
50

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL WEISE Vice President 2.00
Officer Director
$0 $0 $0
SEAN O'ROURKE President 5.00
Officer Director
$0 $0 $0
CHRIS TUDOR Secretary 2.00
Officer Director
$0 $0 $0
LARS PEDERSEN Treasurer 3.00
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
2020 $234,776 $239,223 $64,826 $-4,447
2019 $339,248 $337,588 $85,367 $1,660
2018 $495,018 $484,562 $100,726 $10,456
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare EVENING OF HOPE A SEATTLE HOTEL ASSOCIATION FOUNDATION with other nonprofits in Washington and across the country.