PIPELINE SAFETY TRUST

EIN: 562369975 501(c)(3) Environment

BELLINGHAM, WA

Total Revenue
$1,454,366
Total Expenses
$1,624,661
Total Assets
$5,839,247
Net Assets
$5,540,277
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
WA
Principal Officer
BRUCE BRABEC
Phone
3605435686
Tax Period
2024-04-01 to 2025-03-31

PIPELINE SAFETY TRUST, founded in 2003, is a community nonprofit in the Environment sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.6M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE PIPELINE SAFETY TRUST PROMOTES PIPELINE SAFETY THROUGH EDUCATION AND ADVOCACY, INCREASED ACCESS TO INFORMATION, AND PARTNERSHIPS WITH RESIDENTS, SAFETY ADVOCATES, GOVERNMENT, AND INDUSTRY, RESULTING IN SAFER COMMUNITIES AND A HEALTHIER ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $1,459,931 Revenue: $74,022

THE PIPELINE SAFETY TRUST ADVANCES ITS MISSION BY ENHANCING PUBLIC ACCESS TO INFORMATION AND FOSTERING PARTNERSHIPS AMONG RESIDENTS, SAFETY ADVOCATES, GOVERNMENT ENTITIES, AND INDUSTRY STAKEHOLDERS...

Read more

THE PIPELINE SAFETY TRUST ADVANCES ITS MISSION BY ENHANCING PUBLIC ACCESS TO INFORMATION AND FOSTERING PARTNERSHIPS AMONG RESIDENTS, SAFETY ADVOCATES, GOVERNMENT ENTITIES, AND INDUSTRY STAKEHOLDERS. THE TRUST ACTIVELY CONTRIBUTES TO THE REGULATORY RULEMAKING PROCESS, OFFERING DETAILED COMMENTS AND PRODUCING BRIEFING PAPERS AND GUIDES ON KEY PIPELINE SAFETY ISSUES. ADDITIONALLY, THE TRUST ORGANIZES AN ANNUAL NATIONAL PIPELINE SAFETY CONFERENCE AND SERVES AS A RELIABLE, INDEPENDENT SOURCE OF INFORMATION FOR THE PUBLIC, MEDIA, AND LOCAL GOVERNMENTS. OUR STAFF PARTICIPATE IN VARIOUS STATE AND FEDERAL PIPELINE SAFETY ADVISORY COMMITTEES, REGULARLY TESTIFY BEFORE THE U.S. CONGRESS, AND FREQUENTLY PRESENT AT PUBLIC, INDUSTRY, AND GOVERNMENT MEETINGS AND CONFERENCES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,264,639
Program Service Revenue $74,022
Investment Income $115,705
Other Revenue $0
TOTAL REVENUE $1,454,366

Expense Breakdown

Grants Paid $0
Salaries & Benefits $925,089
Fundraising Expenses $20,465
Program Expenses $1,459,931
Other Expenses $699,572
TOTAL EXPENSES $1,624,661

Year-over-Year Comparison

2024 2023 Change
Revenue $1,454,366 $1,402,886 +0.0%
Expenses $1,624,661 $1,453,113 +0.1%
Net Income $-170,295 $-50,227 +2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
10
Volunteers
7

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
5
$138,992
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH WALLACE PRESIDENT 3.00
Officer Director
$0 $0 $0
JEFFREY INSKO VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRUCE BRABEC TREASURER 3.00
Officer Director
$0 $0 $0
SARA GOSMAN SECRETARY 2.00
Officer Director
$0 $0 $0
LOIS EPSTEIN BOARD MEMBER 2.00
Director
$0 $0 $0
GLENN ARCHAMBAULT BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL GUIDON BOARD MEMBER 3.00
Director
$0 $0 $0
BILL CARAM EXECUTIVE DIRECTOR 40.00
Officer
$119,311 $19,681 $138,992
ERIN SUTHERLAND THOMPSON POLICY DIRECTOR AND COUNSE 40.00
Highest
$106,468 $5,329 $111,797
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 $1,454,366 $1,624,661 $5,839,247 $-170,295
2024 $1,402,886 $1,453,113 $6,049,733 $-50,227
2023 $1,077,832 $1,068,168 $5,053,366 $9,664
2022 $1,248,466 $538,152 $5,440,540 $710,314
2021 $261,034 $345,545 $5,330,685 $-84,511
2020 $215,265 $462,130 $4,052,741 $-246,865
2019 $508,728 $443,976 $4,344,172 $64,752
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PIPELINE SAFETY TRUST with other nonprofits in Washington and across the country.