WASHINGTON MARITIME BLUE

EIN: 831638344 501(c)(3) Environment

SEATTLE, WA

Total Revenue
$4,776,219
Total Expenses
$3,914,017
Total Assets
$1,632,473
Net Assets
$1,077,153
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
WA
Principal Officer
JOSHUA BERGER
Phone
2067470563
Tax Period
2024-07-01 to 2025-06-30

WASHINGTON MARITIME BLUE, founded in 2018, is a community nonprofit in the Environment sector that reported $4.8M in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $862K, a strong 18% operating margin.

Mission

MARITIME BLUE IS A STRATEGIC ALLIANCE PROPELLING THE PACIFIC NORTHWEST TOWARD GLOBAL LEADERSHIP IN OCEAN-BASED INNOVATION. WE FOSTER COLLABORATION AMONG INDUSTRY, GOVERNMENT, ACADEMIA, COMMUNITIES, AND INVESTORS TO CREATE SUSTAINABLE MARITIME AND OCEAN INDUSTRIES. WE EMPOWER OUR REGION TO THRIVE IN THE BLUE ECONOMY BY ACCELERATING INNOVATION AND ENTREPRENEURSHIP, CENTERING EQUITY, ADDRESSING CLIMATE CHANGE, RESTORING MARINE ECOSYSTEMS, AND BUILDING A DIVERSE WORKFORCE.

Program Service Accomplishments

Program 1
Expenses: $936,933 Revenue: $512,585

COMMUNITY ENGAGEMENT - WORKFORCE DEVELOPMENT PROGRAMS FOR YOUTH AND MARITIME EMPLOYERS FOCUSED ON SERVING YOUNG ADULTS FURTHEST FROM OPPORTUNITY. THIS YEAR 91 YOUTH PARTICIPATED IN PROGRAMS, $128,850...

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COMMUNITY ENGAGEMENT - WORKFORCE DEVELOPMENT PROGRAMS FOR YOUTH AND MARITIME EMPLOYERS FOCUSED ON SERVING YOUNG ADULTS FURTHEST FROM OPPORTUNITY. THIS YEAR 91 YOUTH PARTICIPATED IN PROGRAMS, $128,850 IN YOUTH STIPENDS WERE DELIVERED, AND 29 INTERNS WERE PLACED IN JOBS OR INTERNSHIPS.

Program 2
Expenses: $816,160 Revenue: $595,479

QUIET SOUND - VOLUNTARY INITIATIVE TO REDUCE ACOUSTIC IMPACTS FROM LARGE COMMERCIAL VESSELS ON SOUTHERN RESIDENT KILLER WHALES. IN QUIET SOUND'S THIRD ANNUAL VOLUNTARY SLOWDOWN, 66% OF VESSELS SLOWED...

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QUIET SOUND - VOLUNTARY INITIATIVE TO REDUCE ACOUSTIC IMPACTS FROM LARGE COMMERCIAL VESSELS ON SOUTHERN RESIDENT KILLER WHALES. IN QUIET SOUND'S THIRD ANNUAL VOLUNTARY SLOWDOWN, 66% OF VESSELS SLOWED DOWN. THIS RESULTED IN A 12% LESS NOISY SOUNDSCAPE. SOUND LEVELS WERE REDUCED BY 1.3 DB (35%) IN THE FREQUENCY BAND USED BY KILLER WHALES FOR COMMUNICATION AND BY 0.2 DB (5%) IN THE FREQUENCY BAND USED FOR ECHOLOCATION.

Program 3
Expenses: $617,312 Revenue: $149,123

JOINT INNOVATION - PROJECTS AND STRATEGIC INITIATIVES DEVELOPING THE BLUE ECONOMY MARKETS. THIS YEAR THE TEAM FACILITATED THREE FORMAL COLLABORATIVES, ENGAGING DOZENS OF MEMBERS AROUND RENEWABLE...

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JOINT INNOVATION - PROJECTS AND STRATEGIC INITIATIVES DEVELOPING THE BLUE ECONOMY MARKETS. THIS YEAR THE TEAM FACILITATED THREE FORMAL COLLABORATIVES, ENGAGING DOZENS OF MEMBERS AROUND RENEWABLE OCEAN ENERGY, MARITIME DECARBONIZATION, AND HEALTHY OCEAN ECOSYSTEMS. SET TO OPEN IN 2026, THE MARITIME INNOVATION CENTER WILL CONFORM TO THE LIVING BUILDING CHALLENGE, THE HIGHEST SUSTAINABLE BUILDING STANDARD IN THE WORLD, AND WILL SERVE AS A CONVENING PLACE FOR THE BLUE ECONOMY.

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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 $3,038,520
Program Service Revenue $1,654,968
Investment Income $2,160
Other Revenue $80,571
TOTAL REVENUE $4,776,219

Expense Breakdown

Grants Paid $171,952
Salaries & Benefits $1,989,354
Fundraising Expenses $130,098
Program Expenses $3,089,366
Other Expenses $1,691,711
TOTAL EXPENSES $3,914,017

Year-over-Year Comparison

2024 2023 Change
Revenue $4,776,219 $2,304,902 +1.1%
Expenses $3,914,017 $2,601,248 +0.5%
Net Income $862,202 $-296,346 -3.9%
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
16
Independent Members
16
Employees
20
Volunteers
18

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
7
$295,900
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICO DE GOLIA CHAIR 1.00
Officer Director
$0 $0 $0
STEPHANIE JONES STEBBINS CO-VICE CHAIR 1.00
Officer Director
$0 $0 $0
CAITLIN HARDY CO-VICE CHAIR 1.00
Officer Director
$0 $0 $0
PAT BEARD TREASURER 1.00
Officer Director
$0 $0 $0
MIKE COMPLITA SECRETARY 1.00
Officer Director
$0 $0 $0
ANN AVARY MEMBER 0.50
Director
$0 $0 $0
BRIAN SURRATT MEMBER 0.50
Director
$0 $0 $0
CHRIS MACK JR MEMBER 0.50
Director
$0 $0 $0
COSMO KING MEMBER 0.50
Director
$0 $0 $0
ELEANOR KIRTLEY MEMBER 0.50
Director
$0 $0 $0
JASON JORDAN MEMBER 0.50
Director
$0 $0 $0
JULIE HAMPDEN MEMBER 0.50
Director
$0 $0 $0
KRISTY CLEMENT MEMBER FROM 01/25 0.50
Director
$0 $0 $0
PATTY RUBSTELLO MEMBER 0.50
Director
$0 $0 $0
SAM CHO MEMBER 0.50
Director
$0 $0 $0
SENATOR LIZ LOVELETT MEMBER 0.50
Director
$0 $0 $0
SIMON GEERLOFS MEMBER 0.50
Director
$0 $0 $0
VESA KOIVUMAA MEMBER 0.50
Director
$0 $0 $0
W JOE ALLEN MEMBER THRU 10/24 0.50
Director
$0 $0 $0
JOSHUA BERGER CEO 40.00
Officer
$185,509 $27,934 $213,443
DANIEL PULSE CFO 40.00
Officer
$82,457 $0 $82,457
DEVON THORSELL COO 40.00
Highest
$131,045 $11,104 $142,149
CASSIDY FISHER PROGRAM DIRECTOR 40.00
Highest
$116,742 $17,260 $134,002
RACHEL ARONSON PROGRAM DIRECTOR 40.00
Highest
$119,647 $11,282 $130,929
VEASNA HOY PROGRAM DIRECTOR 40.00
Highest
$117,113 $25,964 $143,077
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 $4,776,219 $3,914,017 $1,632,473 $862,202
2024 No data No data No data No data
2023 $2,899,277 $2,478,442 $741,004 $420,835
2022 $2,195,226 $2,175,486 $523,019 $19,740
2021 $848,463 $809,356 $227,719 $39,107
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