EVERGREEN BUSINESS CAPITAL COMMUNITY FINANCE

EIN: 473954632 501(c)(3) Community Improvement

SEATTLE, WA

Total Revenue
$402,441
Total Expenses
$300,451
Total Assets
$5,779,869
Net Assets
$1,575,628
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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
2015
Legal Domicile
WA
Principal Officer
PATRICIA KIBBE
Phone
2066223731
Tax Period
2024-10-01 to 2025-09-30

EVERGREEN BUSINESS CAPITAL COMMUNITY FINANCE, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $402K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $102K, a strong 25% operating margin.

Mission

OUR MISSION IS TO PROVIDE SUPERIOR ECONOMIC DEVELOPMENT SOLUTIONS THAT SUPPORT SMALL BUSINESS STABILITY, GROWTH, AND JOB CREATION; AND CREATE INCREASED INCOME AND WEALTH AMONG PEOPLE WHO DO NOT YET HAVE ACCESS TO THE ECONOMIC MAINSTREAM.

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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 $182,040
Program Service Revenue $178,323
Investment Income $42,078
Other Revenue $0
TOTAL REVENUE $402,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,442
Fundraising Expenses $21,080
Program Expenses $139,372
Other Expenses $175,009
TOTAL EXPENSES $300,451

Year-over-Year Comparison

2024 2023 Change
Revenue $402,441 $833,672 -0.5%
Expenses $300,451 $255,010 +0.2%
Net Income $101,990 $578,662 -0.8%
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
10
Independent Members
5
Employees
N/A
Volunteers
1

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
6
$549,137
Total Directors
10
$364,930
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA KIBBE PRESIDENT/CEO 19.00
Officer Director
$0 $28,592 $322,330
KEN TAKAHASHI CHAIR 3.00
Officer Director
$0 $0 $4,200
STACY TOMURO VICE CHAIR 2.00
Officer Director
$0 $0 $7,800
THOMAS KULJAM SECRETARY 3.00
Officer Director
$0 $0 $7,800
KAREN MCIVER TREASURER 3.00
Officer Director
$0 $0 $7,800
RASHAD MORRIS MEMBER 3.00
Director
$0 $0 $6,600
AMIT RANADE MEMBER 2.00
Director
$0 $0 $3,150
TARA VAGEN MEMBER 2.00
Director
$0 $0 $4,200
SARAH HOWARD MEMBER 2.00
Director
$0 $0 $1,050
DAVID FREDERICK COMBS MEMBER 2.00
Director
$0 $0 $0
ANNIE LANT-SMITH EVP/COO 19.00
Officer
$0 $29,138 $199,207
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 $402,441 $300,451 $5,779,869 $101,990
2024 $833,672 $255,010 $5,895,232 $578,662
2023 $642,186 $215,458 $2,034,034 $426,728
2022 $882,707 $666,892 $1,679,542 $215,815
2021 $268,063 $121,410 $1,068,153 $146,653
2020 $317,645 $143,289 $369,142 $174,356
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