Seattle Good Business Network DBA Good Business Network of Washington (EIN 272172486) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Erin Adams

Phone

2066292346

Tax Period

2025-01-01 to 2025-12-31

Seattle Good Business Network DBA Good Business Network of Washington, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2025. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

Seattle Good Business Network connects and inspires people to buy, produce, and invest locally, so that everyone has a meaningful stake in the local economy.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $813,068

Program Service Revenue $1,554,951

Investment Income $18

Other Revenue $-13,548

TOTAL REVENUE $2,354,489

Expense Breakdown

Grants Paid $503,183

Salaries & Benefits $866,626

Fundraising Expenses $96,718

Program Expenses $1,727,859

Other Expenses $924,261

TOTAL EXPENSES $2,294,070

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,354,489	$1,813,231	+0.3%
Expenses	$2,294,070	$2,012,057	+0.1%
Net Income	$60,419	$-198,826	-1.3%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$178,555

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erin Adams	Executive Dir.	50.00	Officer	$152,292	$26,263	$178,555
Inderjeet Ramgotra	President	3.00	Officer Director	$0	$0	$0
Celia Morant	Treasurer	1.00	Officer Director	$0	$0	$0
Andrew Konstantaras	Secretary	10.00	Officer Director	$0	$0	$0
Debbie Wege	Director	1.00	Director	$0	$0	$0
Art Stone	Director	0.50	Director	$0	$0	$0
Lacey Warrior	Director	0.50	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	$2,354,489	$2,294,070	$301,295	$60,419
2024	No data	No data	No data	No data
2023	$2,758,458	$2,794,468	$425,326	$-36,010
2022	$1,867,849	$1,881,087	$388,498	$-13,238
2021	$785,540	$734,233	$173,051	$51,307
2020	$603,405	$586,698	$106,833	$16,707
2019	$582,484	$716,792	$30,585	$-134,308
2018	$564,869	$519,310	$135,159	$45,559

Seattle Good Business Network DBA Good Business Network of Washington