THE WASHINGTON STATE BUDGET AND POLICY CENTER

EIN: 721612982 501(c)(3) Public & Societal Benefit

SEATTLE, WA

Total Revenue
$1,694,101
Total Expenses
$1,705,015
Total Assets
$1,586,166
Net Assets
$1,181,814
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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
2005
Legal Domicile
WA
Principal Officer
AMANDA REINHARD
Phone
2062620973
Tax Period
2024-01-01 to 2024-12-31

THE WASHINGTON STATE BUDGET AND POLICY CENTER, founded in 2005, is a community nonprofit in the Public & Societal Benefit sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

TO USE RESEARCH AND ANALYSIS TO ADVANCE THE WELL-BEING OF WASHINGTON COMMUNITIES, IMPROVE THE ECONOMIC SECURITY AND SOCIAL OPPORTUNITY OF ALL WASHINGTONIANS, AND SUPPORT THE ESSENTIAL ROLE OF GOVERNMENT IN PROMOTING A JUST AND PROSPEROUS SOCIETY.

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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 $1,680,512
Program Service Revenue $0
Investment Income $13,589
Other Revenue $0
TOTAL REVENUE $1,694,101

Expense Breakdown

Grants Paid $33,319
Salaries & Benefits $1,223,957
Fundraising Expenses $173,641
Program Expenses $1,312,381
Other Expenses $433,309
TOTAL EXPENSES $1,705,015

Year-over-Year Comparison

2024 2023 Change
Revenue $1,694,101 $1,357,418 +0.2%
Expenses $1,705,015 $1,783,038 0.0%
Net Income $-10,914 $-425,620 -1.0%
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
11
Independent Members
11
Employees
14
Volunteers
11

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
$127,363
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANKITA PATEL BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
BRENDA ANIBARRO BOARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOAN JONES BOARD TREASURER 1.00
Officer Director
$0 $0 $0
IRENE BASLOE SARAF SECRETARY 1.00
Officer Director
$0 $0 $0
SUZY DIAZ BOARD MEMBER 1.00
Director
$0 $0 $0
GENE TIEN BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE BAIRD BOARD MEMBER 1.00
Director
$0 $0 $0
JAN HARRISON BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA REINHARD BOARD MEMBER 1.00
Director
$0 $0 $0
JOEL RYAN BOARD MEMBER 1.00
Director
$0 $0 $0
KAI SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
MISHA WERSCHKUL EXECUTIVE DIRECTOR 32.00
Officer
$103,447 $9,513 $112,960
ELI TAYLOR GOSS EXECUTIVE DIRECTOR 32.00
Officer
$12,689 $1,714 $14,403
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 $1,694,101 $1,705,015 $1,586,166 $-10,914
2023 $1,357,418 $1,783,038 $1,645,984 $-425,620
2022 $1,359,902 $1,320,807 $1,989,778 $39,095
2021 $1,775,866 $1,253,221 $1,680,565 $522,645
2020 $1,553,868 $1,221,263 $1,200,921 $332,605
2019 $1,260,458 $1,092,777 $833,133 $167,681
2018 $1,120,615 $1,153,525 $667,128 $-32,910
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