SEATTLE EVENTS A NON PROFIT CORPORATION

EIN: 510677417 501(c)(3) Education

Seattle, WA

Total Revenue
$15,765
Total Expenses
$60,895
Total Assets
$27,436
Net Assets
$3,272
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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
2008
Legal Domicile
WA
Principal Officer
William McPeak Jr
Phone
2062957258
Tax Period
2021-01-01 to 2021-12-31

SEATTLE EVENTS A NON PROFIT CORPORATION, founded in 2008, is a micro nonprofit in the Education sector that reported $16K in total revenue in fiscal year 2021. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 286% operating deficit.

Mission

Seattle Events stages Seattle Hempfest as an annual three day festival the third weekend in August. We are a gathering place for activists and organizations involved in the cannabis legalization movement, fostering education on many subjects.

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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 (2021)

Revenue Breakdown

Contributions & Grants $15,765
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,765

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,443
Fundraising Expenses $0
Program Expenses $7,714
Other Expenses $31,452
TOTAL EXPENSES $60,895

Year-over-Year Comparison

2021 2020 Change
Revenue $15,765 $161,343 -0.9%
Expenses $60,895 $131,788 -0.5%
Net Income $-45,130 $29,555 -2.5%
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
3
Employees
3
Volunteers
50

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
$24,417
Total Directors
3
$24,417
Key Employees
2
$24,417
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ammie Audal Vice-President 20
Officer Director Key Emp Highest
$15,527 $0 $15,527
Vivian McPeak President 20
Officer Director Key Emp
$8,890 $0 $8,890
John Tocher Treasurer/Secretary 20
Officer 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
2021 $15,765 $60,895 $27,436 $-45,130
2020 $161,343 $131,788 $47,599 $29,555
2019 $607,884 $616,035 $21,525 $-8,151
2018 $622,173 $673,309 $29,799 $-51,136
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