THE ACADEMY OF SNOHOMISH

EIN: 871993440 501(c)(3) Religion

SNOHOMISH, WA

Total Revenue
$862,966
Total Expenses
$826,170
Total Assets
$73,223
Net Assets
$42,581
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Principal Officer
GREG POWERS
Phone
4254264959
Tax Period
2024-08-01 to 2025-07-31

THE ACADEMY OF SNOHOMISH, founded in 2023, is a small nonprofit in the Religion sector that reported $863K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $826K left a modest 4% surplus.

Mission

TO EQUIP AND ASSIST PARENTS IN THE EDUCATION OF THEIR CHILDREN, AND TO ENABLE STUDENTS TO PURSUE WHAT THEY ARE MOST PASSIONATE ABOUT AS THEY IMPACT OUR CULTURE FOR CHRIST.

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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 $588
Program Service Revenue $859,649
Investment Income $9
Other Revenue $2,720
TOTAL REVENUE $862,966

Expense Breakdown

Grants Paid $129
Salaries & Benefits $557,357
Fundraising Expenses $0
Program Expenses $826,170
Other Expenses $268,684
TOTAL EXPENSES $826,170

Year-over-Year Comparison

2024 2023 Change
Revenue $862,966 $741,198 +0.2%
Expenses $826,170 $782,570 +0.1%
Net Income $36,796 $-41,372 -1.9%
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
5
Independent Members
5
Employees
31
Volunteers
50

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
4
$42,960
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LANDER GROFF PRINCIPAL 40.00
Officer
$42,960 $0 $42,960
JOSH GIBSON TREASURER 1.00
Officer Director
$0 $0 $0
DUSTIN GRAVES DIRECTOR 1.00
Director
$0 $0 $0
CHIP KEYES SECRETARY 1.00
Officer Director
$0 $0 $0
GREG POWERS PRESIDENT 1.00
Officer Director
$0 $0 $0
LISA STOCKER DIRECTOR 1.00
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 $862,966 $826,170 $73,223 $36,796
2024 $741,198 $782,570 $49,748 $-41,372
2023 $674,776 $715,206 $55,949 $-40,430
2022 $539,030 $551,955 $91,063 $-12,925
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