Friends of Sammamish Valley Foundation

EIN: 844295163 501(c)(3) Environment

Woodinville, WA

Total Revenue
$141,854
Total Expenses
$64,458
Total Assets
$82,634
Net Assets
$82,634
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
WA
Principal Officer
SERENA S GLOVER
Phone
4259852992
Tax Period
2023-01-01 to 2023-12-31

Friends of Sammamish Valley Foundation, founded in 2020, is a small nonprofit in the Environment sector that reported $142K in total revenue in fiscal year 2023. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $77K, a strong 55% operating margin.

Mission

Protect and preserve the Sammamish Valley in WA State

Program Service Accomplishments

Program 1
Expenses: $25,783

Educating local citizens about environmental issues impacting the Sammamish Valley. 185,000 people live within the 3 cities that border the Valley. Tens of thousands more from the Greater Seattle...

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Educating local citizens about environmental issues impacting the Sammamish Valley. 185,000 people live within the 3 cities that border the Valley. Tens of thousands more from the Greater Seattle area and beyond visit the farms and wineries in the Valley each year.

Program 2
Expenses: $25,783

Raising awareness of local farms and agricultural resources. The Sammamish Valley Agricultural Prodcution District is one of the most fertile valleys in the country. If farmed to full potential, the...

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Raising awareness of local farms and agricultural resources. The Sammamish Valley Agricultural Prodcution District is one of the most fertile valleys in the country. If farmed to full potential, the Valley could annually supply local, organic vegetables to 80,000 people, at a value of $54 million.

Program 3
Expenses: $12,892

Bringing key Sammamish Valley stakeholders together. We bring together local citizens, farms, farm organizations, HOAs, UACs, environmental groups, and other businesses.

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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 (2023)

Revenue Breakdown

Contributions & Grants $141,854
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $141,854

Expense Breakdown

Grants Paid $60,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $64,458
Other Expenses $4,458
TOTAL EXPENSES $64,458

Year-over-Year Comparison

2023 2022 Change
Revenue $141,854 $69,617 +1.0%
Expenses $64,458 $121,099 -0.5%
Net Income $77,396 $-51,482 -2.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SERENA S GLOVER Executive Director N/A
Officer Director
$0 $0 $0
JOHN T GLOVER VP and Treasurer N/A
Officer
$0 $0 $0
MICHAEL TANKSLEY Director N/A
Director
$0 $0 $0
ANDREW ELY Director N/A
Director
$0 $0 $0
CATHERINE YOO Secretary N/A
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
2023 $141,854 $64,458 $82,634 $77,396
2022 $69,617 $121,099 $3,161 $-51,482
2021 $138,641 $96,813 $54,343 $41,828
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