PRECIPITATION NORTHWEST

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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

Principal Officer

MICHELLE DAVID

Phone

5038626951

Tax Period

2023-01-01 to 2023-12-31

PRECIPITATION NORTHWEST is a small nonprofit in the Community Improvement sector that reported $169K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $64K, a strong 38% operating margin.

Mission

TO FUND INDIVIDUAL ARTISTS TO CREATE PUBLIC ART WORKS.

Program Service Accomplishments

Program 1

Expenses: $49,597

PRODUCE AND PROVIDE PRODUCTION SUPPORT FOR AN ANNUAL REGIONAL EVENT IN WASCO COUNTY, OR., ANNUAL REGIONAL EVENT IN MULTNOMAH COUNTY, OR. & PRODUCE A SAFETY EVENT, HOSTING LEADERSHIP GROUPS FROM...

PRODUCE AND PROVIDE PRODUCTION SUPPORT FOR AN ANNUAL REGIONAL EVENT IN WASCO COUNTY, OR., ANNUAL REGIONAL EVENT IN MULTNOMAH COUNTY, OR. & PRODUCE A SAFETY EVENT, HOSTING LEADERSHIP GROUPS FROM VARIOUS PNW LOCATIONS

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,809

Program Service Revenue $8,302

Investment Income $85

Other Revenue $152,366

TOTAL REVENUE $168,562

Expense Breakdown

Grants Paid $18,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,597

Other Expenses $86,148

TOTAL EXPENSES $104,148

Year-over-Year Comparison

	2023	2022	Change
Revenue	$168,562	$304,155	-0.4%
Expenses	$104,148	$241,188	-0.6%
Net Income	$64,414	$62,967	+0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

600

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABIGAIL ALDER	DIRECTOR	10.00	Director	$0	$0	$0
KRISTA BASIS	SECRETARY	10.00	Officer Director	$0	$0	$0
FRANK BROYLES	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
MICHELLE DAVID	CO-PRESIDENT	10.00	Officer Director	$0	$0	$0
PATRICE MACKEY	DIRECTOR	10.00	Director	$0	$0	$0
SUZANNE R MEHTA	TREASURER	10.00	Officer Director	$0	$0	$0
DINA MOY	DIRECTOR	10.00	Director	$0	$0	$0
LIZ PITTINOS	DIRECTOR	10.00	Director	$0	$0	$0
KRISTIN STANKIEWICZ	CO-PRESIDENT	10.00	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
2024	No data	No data	No data	No data
2023	$168,562	$104,148	$165,916	$64,414
2022	$304,155	$241,188	$101,446	$62,967
2019	$202,685	$194,364	$145,321	$8,321
2018	$211,866	$135,256	$134,540	$76,610