GREATER SEATTLE PARTNERS

🔒

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

2018

Legal Domicile

Principal Officer

SHANE JONES

Phone

2063898650

Tax Period

2023-01-01 to 2023-12-31

GREATER SEATTLE PARTNERS, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 140% from the prior year, signaling strong growth momentum. Expenses of $2.5M exceeded revenue, resulting in a 14% operating deficit.

Mission

OUR VISION IS THAT EVERY PERSON IN THE GREATER SEATTLE REGION HAS AN OPPORTUNITY TO PROSPER. WE WILL DO THAT BY ATTRACTING QUALITY FAMILY/LIVING WAGE JOBS TO ALL PARTS OF THE REGION; SUSTAINING JOBS ACROSS ALL INCOME LEVELS; TELLING THE STORY GLOBALLY OF OUR TALENT, PIONEERING SPIRIT, UNIQUE COMMUNITIES AND HIGH QUALITY OF LIFE; AND COLLABORATING WITH COMMUNITY AND ECONOMIC DEVELOPMENT ORGANIZATIONS AND PARTNERS.

Program Service Accomplishments

Program 1

Expenses: $388,359 Revenue: $444,221

BUSINESS ATTRACTION WORKS IN PARTNERSHIP WITH THE PRIVATE SECTOR, CITIES, COUNTIES, PORTS AND ECONOMIC DEVELOPMENT ORGANIZATIONS TO ATTRACT BUSINESS AND INVESTMENT AND STRENGTHEN AND UNIFY THE...

BUSINESS ATTRACTION WORKS IN PARTNERSHIP WITH THE PRIVATE SECTOR, CITIES, COUNTIES, PORTS AND ECONOMIC DEVELOPMENT ORGANIZATIONS TO ATTRACT BUSINESS AND INVESTMENT AND STRENGTHEN AND UNIFY THE REGION'S ECONOMIC DEVELOPMENT GOALS AND PRACTICES.

Program 2

Expenses: $880,443

GLOBAL ENGAGEMENT FOSTERS RELATIONSHIPS REGIONALLY AND GLOBALLY, ATTRACTING INTERNATIONAL BUSINESS AND INVESTMENT, SUPPORTING EXPORT GROWTH, AND TELLING OUR REGION'S STORY OF WHY GREATER SEATTLE IS A...

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,791,012

Program Service Revenue $444,221

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,235,233

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $1,137,546

Fundraising Expenses $273,000

Program Expenses $1,268,802

Other Expenses $1,380,314

TOTAL EXPENSES $2,537,860

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,235,233	$930,360	+1.4%
Expenses	$2,537,860	$2,037,179	+0.2%
Net Income	$-302,627	$-1,106,819	-0.7%

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

Volunteers

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

$447,994

Total Directors

$270,862

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN SURRATT	CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$250,866	$19,996	$270,862
SHANE JONES	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
NANCY BACKUS	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
CURTIS FRASER	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
VICTORIA WOODARDS	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
BILL MCSHERRY	BOARD MEMBER	1.00	Director	$0	$0	$0
BRUCE HARRELL	BOARD MEMBER	1.00	Director	$0	$0	$0
CASSIE FRANKLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHEWON LEE	BOARD MEMBER	1.00	Director	$0	$0	$0
COLLEEN KERR	BOARD MEMBER	1.00	Director	$0	$0	$0
DOW CONSTANTINE	BOARD MEMBER	1.00	Director	$0	$0	$0
GLEN BACHMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG MOGA	BOARD MEMBER	1.00	Director	$0	$0	$0
FERNANDO MARTINEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNNE ROBINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIANNE BICHSEL	BOARD MEMBER	1.00	Director	$0	$0	$0
MARKHAM MCINTYRE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTY LOESCH	BOARD MEMBER	1.00	Director	$0	$0	$0
NEEPAPORN A BOUNGJAKTHA	BOARD MEMBER	1.00	Director	$0	$0	$0
SAM CHO	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT MCCLELLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM FLORINO	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACI BUXTON	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM ROBERTSON	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA LOVELL	CHIEF OPERATING OFFICER	40.00	Officer	$161,007	$16,125	$177,132
JOSH DAVIS	CHIEF ECONOMIC DEVELOPMENT OFFICER & SVP	40.00	Highest	$168,091	$27,447	$195,538
ROBERT PAYNE	VICE PRESIDENT, MARKETING	40.00	Highest	$137,660	$17,092	$154,752

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	$2,235,233	$2,537,860	$887,434	$-302,627
2022	$930,360	$2,037,179	$1,315,406	$-1,106,819
2021	$964,300	$2,287,972	$2,408,899	$-1,323,672
2020	$4,071,769	$1,986,000	$3,819,062	$2,085,769
2019	$2,828,602	$3,181,469	$1,444,460	$-352,867
2018	$2,095,705	$466,991	$1,775,230	$1,628,714