FIRST FIVE FUNDAMENTALS

EIN: 800209462 501(c)(3) Youth Development

TACOMA, WA

Total Revenue
$5,140,350
Total Expenses
$5,889,727
Total Assets
$1,895,916
Net Assets
$1,548,622
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
WA
Principal Officer
JENNIFER SASS-WALTON
Phone
2536821835
Tax Period
2024-07-01 to 2025-06-30

FIRST FIVE FUNDAMENTALS, founded in 2008, is a community nonprofit in the Youth Development sector that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $5.9M exceeded revenue, resulting in a 15% operating deficit.

Mission

FOUNDED IN 2008, FIRST 5 FUNDAMENTALS (F5F) IS A NON-PROFIT ORGANIZATION WITH A MISSION TO UPHOLD COMMUNITY-BASED INITIATIVES IN ACHIEVING THEIR COLLECTIVE GOALS FOR CHILDREN AND FAMILIES. OUR TEAM IS PASSIONATE ABOUT MAKING THE WORLD A BETTER PLACE FOR CHILDREN AND FAMILIES BY HARNESSING THE STRENGTHS AND IDEAS THAT LIVE WITHIN COMMUNITIES. AS OUR NAME STATES, THE FIRST 5 YEARS OF LIFE ARE FUNDAMENTAL. OUR ROLE IS TO SUPPORT CROSS-SECTOR LEADERS IN EARLY CHILDHOOD, TO HELP MAKE THEIR COLLECTIVE VISION FOR CHILDREN AND FAMILIES A REALITY. F5F CURRENTLY SUPPORTS FOUR GEOGRAPHIC INITIATIVES PIERCE COUNTY EARLY CHILDHOOD NETWORK, WASHINGTON COMMUNITIES FOR CHILDREN, NORTHWEST EARLY LEARNING COALITION, AND VISIONS FOR EARLY LEARNING.

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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 $5,094,723
Program Service Revenue $0
Investment Income $43,336
Other Revenue $2,291
TOTAL REVENUE $5,140,350

Expense Breakdown

Grants Paid $240,813
Salaries & Benefits $1,630,847
Fundraising Expenses $27,672
Program Expenses $5,137,547
Other Expenses $4,018,067
TOTAL EXPENSES $5,889,727

Year-over-Year Comparison

2024 2023 Change
Revenue $5,140,350 $3,343,469 +0.5%
Expenses $5,889,727 $3,063,995 +0.9%
Net Income $-749,377 $279,474 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
24
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
6
$145,677
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER SASS-WALTON PRESIDENT, BOARD CHAIR 2.00
Officer Director
$0 $0 $0
ANNE ROTHERT BOARD VICE CHAIR 2.00
Officer Director
$0 $0 $0
LEAH FORD SECRETARY START AUGUST 2.00
Officer Director
$0 $0 $0
THOMAS HERRON TREASURER START AUGUST 2.00
Officer Director
$0 $0 $0
DIANE KROLL SECRETARY & TREASURER UNTIL AUGUST 2.00
Officer Director
$0 $0 $0
JENNIFER SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
CLAUDIA MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
MAILE HADLEY EXECUTIVE DIRECTOR 40.00
Officer
$133,572 $12,105 $145,677
KATHERINE GINN DEPUTY DIRECTOR 40.00
Highest
$106,658 $11,153 $117,811
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 $5,140,350 $5,889,727 $1,895,916 $-749,377
2024 No data No data No data No data
2023 $4,249,018 $4,616,103 $2,263,626 $-367,085
2022 $4,705,143 $3,735,535 $2,685,448 $969,608
2022 $4,705,143 $3,735,535 $2,685,448 $969,608
2021 $3,740,368 $3,529,787 $1,690,113 $210,581
2020 $1,569,147 $1,424,199 $1,022,517 $144,948
2019 $1,536,649 $1,083,198 $910,374 $453,451
2018 $405,275 $405,214 $388,351 $61
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