FLAGSHIP OLYMPIA FOUNDATION

🔒

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

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

JOHN BRADY

Phone

2154138655

Tax Period

2018-07-01 to 2019-06-30

FLAGSHIP OLYMPIA FOUNDATION, founded in 2016, is a micro nonprofit that reported $7K in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year. Expenses of $85K exceeded revenue, resulting in a 1144% operating deficit.

Mission

THE CORPORATION IS DEDICATED TO PROVIDING FUNDING FOR THE RESTORATION, PRESERVATION, AND IMPROVEMENT OF THE FLAGSHIP OLYMPIA IN COLLABORATION WITH THE INDEPENDENCE SEAPORT MUSEUM.

Program Service Accomplishments

Program 1

Expenses: $65,060

THE CORPORATION IS DEDICATED TO PROVIDING FUNDING FOR THE RESTORATION, PRESERVATION, AND IMPROVEMENT OF THE FLAGSHIP OLYMPIA IN COLLABORATION WITH THE INDEPENDENCE SEAPORT MUSEUM.

🔒

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%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $6,000

Program Service Revenue $0

Investment Income $841

Other Revenue $0

TOTAL REVENUE $6,841

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,498

Program Expenses $65,060

Other Expenses $85,128

TOTAL EXPENSES $85,128

Year-over-Year Comparison

	2018	2017	Change
Revenue	$6,841	$7,411	-0.1%
Expenses	$85,128	$44,917	+0.9%
Net Income	$-78,287	$-37,506	+1.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM F MCLAUGHLIN JR	CHAIR	1.00	Director	$0	$0	$0
JOHN BRADY	PRESIDENT	5.00	Officer	$0	$0	$0
PETER H HAVENS	TREASURER	1.00	Officer	$0	$0	$0
PAUL THOMPSON III	SECRETARY	1.00	Officer	$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
2019	$6,841	$85,128	$11,969	$-78,287
2018	$7,411	$44,917	$81,401	$-37,506