VISIT WASHINGTON (EIN 831412735) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

TERRY QUICK

Tax Period

2023-01-01 to 2023-12-31

VISIT WASHINGTON, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $387K in total revenue in fiscal year 2023. Expenses of $363K left a modest 6% surplus.

Mission

VISIT WASHINGTON PROMOTES TOURISM IN AN ECONOMICALLY DEPRESSED PART OF WASHINGTON STATE. IT DOES THIS BY PARTNERNING WITH GOVERNMENT ENTITIES TO PRODUCE EVENTS AND PROMOTE TOURISM IN THE CENTRAL WASHINGTON REGIONS.

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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 $259,170

Program Service Revenue $128,294

Investment Income $0

Other Revenue $0

TOTAL REVENUE $387,464

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $363,264

TOTAL EXPENSES $363,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$387,464	N/A	N/A
Expenses	$363,264	N/A	N/A
Net Income	$24,200	N/A	N/A

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

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
DARYL JACKSON	INDIVIDUAL DIRECTOR	1.00	Director	$0	$0	$0
CARL POTETE	INDIVIDUAL DIRECTOR	0.00	Director	$0	$0	$0
CALE RUSSELL	INDIVIDUAL DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL TROUTMAN	INDIVIDUAL DIRECTOR	1.00	Director	$0	$0	$0
TERRY QUICK	EXECUTIVE DIRECTOR	10.00	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
2024	No data	No data	No data	No data
2023	$387,464	$363,264	$53,781	$24,200
2022	$374,447	$386,836	$4,319	$-12,389
2021	$284,108	$297,428	$22,733	$-13,320
2020	$91,034	$72,737	$27,455	$18,297
2019	$174,490	$174,352	$2,220	$138

VISIT WASHINGTON