EVERGREEN STATE QUARTET

EIN: 611500987 501(c)(3) Religion

SNOHOMISH, WA

Total Revenue
$6,424
Total Expenses
$9,752
Total Assets
$161
Net Assets
$-339
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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
2007
Legal Domicile
WA
Principal Officer
BRIAN WELK
Phone
4253309753
Tax Period
2024-01-01 to 2024-12-31

EVERGREEN STATE QUARTET, founded in 2007, is a micro nonprofit in the Religion sector that reported $6K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $10K exceeded revenue, resulting in a 52% operating deficit.

Mission

CHORAL GROUP THAT SINGS AND PERFORMS AT CHURCHES.

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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 $0
Program Service Revenue $6,394
Investment Income $0
Other Revenue $30
TOTAL REVENUE $6,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,752
Other Expenses $9,752
TOTAL EXPENSES $9,752

Year-over-Year Comparison

2024 2023 Change
Revenue $6,424 $8,012 -0.2%
Expenses $9,752 $6,560 +0.5%
Net Income $-3,328 $1,452 -3.3%
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
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WRIGHT CHAIRMAN 5.00
Director
$0 $0 $0
TOM MCCRACKEN DIRECTOR 5.00
Director
$0 $0 $0
BRIAN WELK DIRECTOR 5.00
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
2024 $6,424 $9,752 $161 $-3,328
2023 $8,012 $6,560 $3,489 $1,452
2022 $7,872 $7,007 $2,037 $865
2021 $4,039 $3,079 $1,172 $960
2020 $6,572 $8,584 $212 $-2,012
2019 $11,806 $10,533 $2,224 $1,273
2018 $16,305 $16,987 $451 $-682
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