WASHINGTON STATE STEM EDUCATION FDTN

EIN: 264107233 501(c)(3) Education

RICHLAND, WA

Total Revenue
$658,884
Total Expenses
$618,690
Total Assets
$1,660,812
Net Assets
$1,500,478
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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
MATT HAMMER
Phone
5094209316
Tax Period
2024-09-01 to 2025-08-31

WASHINGTON STATE STEM EDUCATION FDTN, founded in 2009, is a small nonprofit in the Education sector that reported $659K in total revenue in fiscal year 2024. Expenses of $619K left a modest 6% surplus.

Mission

THE WASHINGTON STATE STEM EDUCATION FOUNDATION IS AN ORGANIZATION THAT CONNECTS AND UNITES THE SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS EDUCATION ASSETS IN THE STATE TO PROVIDE INNOVATIVE LEARNING OPPORTUNITIES FOR STUDENTS OF THE MID-COLUMBIA. THE ORGANIZATION'S UNDERLYING GOAL IS TO PROVIDE AN INNOVATIVE KNOWLEDGE NETWORK ENGAGING ALL OF WASHINGTON'S FORMAL AND INFORMAL EDUCATIONAL RESOURCES TO CONTINUOUSLY IMPROVE STEM LEARNING, ASSESSMENT, LEADERSHIP, AND COMMUNITY ENGAGEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $598,143
Program Service Revenue $0
Investment Income $60,741
Other Revenue $0
TOTAL REVENUE $658,884

Expense Breakdown

Grants Paid $90,000
Salaries & Benefits $406,868
Fundraising Expenses $22,300
Program Expenses $543,232
Other Expenses $121,822
TOTAL EXPENSES $618,690

Year-over-Year Comparison

2024 2023 Change
Revenue $658,884 $635,810 +0.0%
Expenses $618,690 $731,840 -0.2%
Net Income $40,194 $-96,030 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
100

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
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTI NELSON BOARD TREASURER AND VICE P 1.00
Officer Director
$0 $0 $0
VICKI BOGENBERGER BOARD MEMBER 1.00
Director
$0 $0 $0
JUDY CONNELL BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD FRENCH BOARD MEMBER 1.00
Director
$0 $0 $0
MATT HAMMER BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
SCOTT SAX BOARD MEMBER 1.00
Officer Director
$0 $0 $0
BOB WILKINSON BOARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SANDRA HAYNES BOARD MEMBER 1.00
Director
$0 $0 $0
REBEKAH WOODS BOARD MEMBER 1.00
Director
$0 $0 $0
MARTIN VALDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN HARTMAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN ASHBY BOARD MEMBER 1.00
Director
$0 $0 $0
AMY BASCHE BOARD MEMBER 1.00
Director
$0 $0 $0
CAROL JOHNSON BOARD MEMBER 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
2025 $658,884 $618,690 $1,660,812 $40,194
2024 $635,810 $731,840 $1,460,284 $-96,030
2023 $809,421 $583,566 $1,556,314 $225,855
2022 $447,625 $450,352 $1,330,459 $-2,727
2021 $916,932 $587,749 $1,333,186 $329,183
2020 $804,213 $273,238 $1,004,003 $530,975
2019 $264,209 $208,659 $473,028 $55,550
2018 $244,113 $156,638 $417,478 $87,475
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