KIMSEATTLE

EIN: 474130788 501(c)(3) Education

Seattle, WA

Total Revenue
$10,385
Total Expenses
$23,607
Total Assets
$113,747
Net Assets
$113,687
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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
Joan Block
Phone
2063214431
Tax Period
2024-07-01 to 2025-06-30

KIMSEATTLE, founded in 2015, is a micro nonprofit in the Education sector that reported $10K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $24K exceeded revenue, resulting in a 127% operating deficit.

Mission

We provide K-12 informal science education through authentic laboratory experiences. Our mission is simple: EXPOSE. HOOK. MENTOR. EXPOSE students to a broad spectrum of careers through hands-on experience at a young age (since you never know when an inspired moment might make a students pathway clear). HOOK by treating every student as capable in an authentic environment doing sophisticated labs based on modern scenarios, taught by professionals in the medical/scientific industry. MENTOR high school and college-age interns as they move into the next phase of their academic lives.

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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 $1,000
Program Service Revenue $9,385
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,454
Other Expenses $23,607
TOTAL EXPENSES $23,607

Year-over-Year Comparison

2024 2023 Change
Revenue $10,385 $24,205 -0.6%
Expenses $23,607 $10,897 +1.2%
Net Income $-13,222 $13,308 -2.0%
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
5
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joan Block Executive Dir. 0.00
Director
$0 $0 $0
Patti Hearn President 0.00
Director
$0 $0 $0
Mark Reisman Chairman 0.00
Director
$0 $0 $0
Ron Gray Secretary 0.00
Director
$0 $0 $0
Dmitry Levin Director 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
2025 $10,385 $23,607 $113,747 $-13,222
2024 $24,205 $10,897 $123,265 $13,308
2023 $58,743 $29,846 $109,962 $28,897
2022 $42,710 $17,899 $81,062 $24,811
2021 $17,348 $8,021 $56,250 $9,327
2020 $29,253 $30,417 $46,922 $-1,164
2019 $30,739 $27,114 $48,086 $3,625
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