THE SALISH SEA SCHOOL

EIN: 833277816 501(c)(3) Environment

ANACORTES, WA

Total Revenue
$448,693
Total Expenses
$410,990
Total Assets
$246,089
Net Assets
$223,705
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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
2019
Legal Domicile
WA
Principal Officer
BETSEY THOENNES
Phone
3602308018
Tax Period
2024-01-01 to 2024-12-31

THE SALISH SEA SCHOOL, founded in 2019, is a small nonprofit in the Environment sector that reported $449K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $411K left a modest 8% surplus.

Mission

THE SALISH SEA SCHOOLS MISSION IS TO AWAKEN CURIOSITY AND DEEPEN CONNECTIONS WITH THE SEA THROUGH SHORE AND SEA EXPLORATION PROGRAMS FOR ALL AGES.

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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 $164,712
Program Service Revenue $238,020
Investment Income $3,921
Other Revenue $42,040
TOTAL REVENUE $448,693

Expense Breakdown

Grants Paid $7,952
Salaries & Benefits $181,361
Fundraising Expenses $7,890
Program Expenses $392,939
Other Expenses $109,716
TOTAL EXPENSES $410,990

Year-over-Year Comparison

2024 2023 Change
Revenue $448,693 $399,659 +0.1%
Expenses $410,990 $417,390 0.0%
Net Income $37,703 $-17,731 -3.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
5
Volunteers
5

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETSEY THOENNES PRESIDENT 5.00
Officer Director
$0 $0 $0
STACY DE LA O SECRETARY 5.00
Officer Director
$0 $0 $0
CINDY ELLISER TREASURER 5.00
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
2025 No data No data No data No data
2024 $448,693 $410,990 $246,089 $37,703
2023 $399,659 $417,390 $213,330 $-17,731
2022 $356,432 $233,438 $204,522 $122,994
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