Thurston Life Foundation

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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

Jim Christian

Phone

5417296726

Tax Period

2024-06-01 to 2025-05-31

Thurston Life Foundation, founded in 2010, is a small nonprofit in the Human Services sector that reported $903K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $892K, a strong 99% operating margin.

Mission

Helping Youth and Families navigate life through experiencing hospitality, healing and health. Engaging in intentional relationships and collaborative partnerships to serve and celebrate our community.

Program Service Accomplishments

Program 1

Expenses: $3,554

Build, develop and/or purchase a faith based resource center for kids to gather and grow in the greater Thurston/Springfield Community.Provide integrated and accessible mental health support services for youth and families through the development of strategic partnerships with industry professionals.Develop a sustainable business model to financially support the ongoing operations of the center.

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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 (2024)

Revenue Breakdown

Contributions & Grants $903,136

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $903,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,554

Other Expenses $10,773

TOTAL EXPENSES $10,773

Year-over-Year Comparison

	2024	2023	Change
Revenue	$903,136	$632,300	+0.4%
Expenses	$10,773	$80	+133.7%
Net Income	$892,363	$632,220	+0.4%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ron Sauer	Chair	4.00	Officer Director	$0	$0	$0
Kurtis Bonar	Vice Chair	2.00	Officer Director	$0	$0	$0
Jim Christian	Treasurer	1.00	Officer Director	$0	$0	$0
Scot Williams	Director	1.00	Director	$0	$0	$0
Bob Scroggins	Director	1.00	Director	$0	$0	$0
Brian Megert	Director	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	$903,136	$10,773	$1,526,903	$892,363
2024	$632,300	$80	$634,540	$632,220