TOWING AND RECOVERY ASSOCIATION OF WASHINGTON

EIN: 352264932

SEATTLE, WA

Total Revenue
$234,496
Total Expenses
$237,951
Total Assets
$1,171,704
Net Assets
N/A
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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
2005
Legal Domicile
WA
Phone
5097827170
Tax Period
2024-01-01 to 2024-12-31

TOWING AND RECOVERY ASSOCIATION OF WASHINGTON, founded in 2005, is a small nonprofit that reported $234K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

PROMOTE A PROFITABLE OPERATING CLIMATE FOR TOWING OPERATORS.

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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 $0
Program Service Revenue $212,822
Investment Income $12,679
Other Revenue $8,995
TOTAL REVENUE $234,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $237,951
TOTAL EXPENSES $237,951

Year-over-Year Comparison

2024 2023 Change
Revenue $234,496 $287,894 -0.2%
Expenses $237,951 $282,341 -0.2%
Net Income $-3,455 $5,553 -1.6%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY HENDRICKSON Treasurer 0.00
Director
$0 $0 $0
RONALD JAKE President 0.00
Director
$0 $0 $0
KRIS ZACHERY Vice President 0.00
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
2024 $234,496 $237,951 $1,171,704 $-3,455
2023 $287,894 $282,341 $785,243 $5,553
2022 $263,521 $291,442 $978,153 $-27,921
2021 $253,734 $237,861 $774,530 $15,873
2020 $210,585 $195,682 $761,822 $14,903
2019 $197,077 $155,404 $726,508 $41,673
2018 $250,196 $239,817 $802,682 $10,379
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