THE WRIGHT WAY FOUNDATION

EIN: 863108675 501(c)(3) Recreation & Sports

BELLEVUE, WA

Total Revenue
$177,191
Total Expenses
$104,810
Total Assets
$80,256
Net Assets
$72,381
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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
WA
Principal Officer
KENNETH J WRIGHT
Phone
2066198646
Tax Period
2023-01-01 to 2023-12-31

THE WRIGHT WAY FOUNDATION, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $177K in total revenue in fiscal year 2023. The organization ran a surplus of $72K, a strong 41% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO EMPOWER YOUTH WITH THE TOOLS TO LIVE AN ACTIVE, HEALTHY AND EDUCATED LIFESTYLE.

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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 $235,773
Program Service Revenue $0
Investment Income $0
Other Revenue $-58,582
TOTAL REVENUE $177,191

Expense Breakdown

Grants Paid $67,359
Salaries & Benefits $12,000
Fundraising Expenses $12,897
Program Expenses $89,403
Other Expenses $25,451
TOTAL EXPENSES $104,810

Year-over-Year Comparison

2023 2022 Change
Revenue $177,191 N/A N/A
Expenses $104,810 N/A N/A
Net Income $72,381 $0 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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
15

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
1
$12,000
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TELECIA WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
BOBBY WAGNER DIRECTOR 1.00
Director
$0 $0 $0
SKYE IDEHEN DIRECTOR 1.00
Director
$0 $0 $0
KENNETH J WRIGHT DIRECTOR 10.00
Director
$0 $0 $0
BRIGID GRAHAM EXECUTIVE DIRECTOR 10.00
Officer
$12,000 $0 $12,000
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 $177,191 $104,810 $80,256 $72,381
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