MADRES

EIN: 874397736 501(c)(3) Education

EVERETT, WA

Total Revenue
$395,224
Total Expenses
$460,661
Total Assets
$185,527
Net Assets
$160,064
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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
2022
Legal Domicile
WA
Principal Officer
MIRIAM VARGAS
Phone
4253728126
Tax Period
2023-01-01 to 2023-12-31

MADRES, founded in 2022, is a small nonprofit in the Education sector that reported $395K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $461K exceeded revenue, resulting in a 17% operating deficit.

Mission

EDUCATION AND SUPPORT TO THE COMMUNITY. WE PROVIDE COMMUNITY SERVICES, CLASSES, AND COURSES TO HELP IMPROVE THE PEOPLE IN THE 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $98,274
Program Service Revenue $296,950
Investment Income $0
Other Revenue $0
TOTAL REVENUE $395,224

Expense Breakdown

Grants Paid $1,500
Salaries & Benefits $75,849
Fundraising Expenses $2,061
Program Expenses $356,133
Other Expenses $381,312
TOTAL EXPENSES $460,661

Year-over-Year Comparison

2023 2022 Change
Revenue $395,224 $530,201 -0.3%
Expenses $460,661 $304,799 +0.5%
Net Income $-65,437 $225,402 -1.3%
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
2
Employees
2
Volunteers
49

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
2
$64,080
Total Directors
2
$64,080
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIRIAM VARGAS PRESIDENT AND DIRECTOR 040.00
Officer Director
$25,200 $0 $25,200
PAULA MARSHALL VARGAS TREASURER AND DIRECTOR 036.00
Officer Director
$38,880 $0 $38,880
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
2024 No data No data No data No data
2023 $395,224 $460,661 $185,527 $-65,437
2022 $530,201 $304,799 $245,319 $225,402
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