GIG HARBOR NOW (EIN 861636609) - 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

2021

Legal Domicile

Principal Officer

JENNY WELLMAN

Phone

2533575588

Tax Period

2023-01-01 to 2023-12-31

GIG HARBOR NOW, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $234K in total revenue in fiscal year 2023.

Mission

TO CREATE AND SUSTAIN A COMMUNITY-SUPPORTED NONPROFIT NEWS ORGANIZATION THAT INFORMS, EDUCATES AND CONNECTS OUR COMMUNITY.

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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 $218,484

Program Service Revenue $15,510

Investment Income $0

Other Revenue $0

TOTAL REVENUE $233,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,274

Fundraising Expenses $0

Program Expenses $215,819

Other Expenses $87,373

TOTAL EXPENSES $239,647

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,994	N/A	N/A
Expenses	$239,647	N/A	N/A
Net Income	$-5,653	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

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	Role	Reportable Comp	Other Comp	Total
CANDACE SAVAGE	President	Officer Director	$0	$0	$0
LYNDA FILSON	Treasurer	Officer Director	$0	$0	$0
STACE GORDON	Director	Director	$0	$0	$0
SANDY JETER	Secretary	Officer Director	$0	$0	$0
DAVID MARTENS	Director	Director	$0	$0	$0
THELMA BROWN	Director	Director	$0	$0	$0
PAT LANTZ	Director	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	No data	No data	No data	No data
2023	$233,994	$239,647	$110,894	$-5,653
2022	$179,488	$132,872	$116,032	$46,616
2021	$93,715	$24,315	$69,400	$69,400

GIG HARBOR NOW