SENIORS CREATING ART

EIN: 462095281 501(c)(3) Human Services

Settle, WA

Total Revenue
$261,138
Total Expenses
$260,458
Total Assets
$36,929
Net Assets
$36,929
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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
2013
Legal Domicile
WA
Principal Officer
Raeanne Goldwire
Phone
2064204381
Tax Period
2024-01-01 to 2024-12-31

SENIORS CREATING ART, founded in 2013, is a small nonprofit in the Human Services sector that reported $261K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum.

Mission

Inspire hope and purpose in seniors by providing access to create art. Free art workshops for seniors

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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 $223,793
Program Service Revenue $37,345
Investment Income $0
Other Revenue $0
TOTAL REVENUE $261,138

Expense Breakdown

Grants Paid $170,454
Salaries & Benefits $79,387
Fundraising Expenses $1,649
Program Expenses $170,454
Other Expenses $10,617
TOTAL EXPENSES $260,458

Year-over-Year Comparison

2024 2023 Change
Revenue $261,138 $167,504 +0.6%
Expenses $260,458 $154,855 +0.7%
Net Income $680 $12,649 -0.9%
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
2
Volunteers
10

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
3
$0
Total Directors
0
$0
Key Employees
2
$72,583
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Raeanne Goldwire Executive Director 30
Key Emp
$36,958 $0 $36,958
Alphonso Goldwire Chief Operating Office 25.00
Key Emp
$35,625 $0 $35,625
Jim Morrison Treasurer and Secretary 1
Officer
$0 $0 $0
Justin Howie Vice-President 1
Officer
$0 $0 $0
Devon Hoover President 1
Officer
$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 $261,138 $260,458 $36,929 $680
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