PACIFIC LUMBER INSPECTION BUREAU

EIN: 910352790

FEDERAL WAY, WA

Total Revenue
$4,692,537
Total Expenses
$4,989,831
Total Assets
$3,623,485
Net Assets
$2,597,846
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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
1906
Legal Domicile
WA
Principal Officer
JEFFREY A FANTOZZI
Phone
2538353344
Tax Period
2023-01-01 to 2023-12-31

PACIFIC LUMBER INSPECTION BUREAU, founded in 1906, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2023.

Mission

TO PROVIDE INTEGRITY AND RELIABILITY TO THE UNIFORM GRADING OF LUMBER.

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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 $0
Program Service Revenue $4,817,501
Investment Income $-117,855
Other Revenue $-7,109
TOTAL REVENUE $4,692,537

Expense Breakdown

Grants Paid $631
Salaries & Benefits $3,164,337
Fundraising Expenses $0
Other Expenses $1,824,863
TOTAL EXPENSES $4,989,831

Year-over-Year Comparison

2023 2022 Change
Revenue $4,692,537 $4,524,460 +0.0%
Expenses $4,989,831 $4,686,471 +0.1%
Net Income $-297,294 $-162,011 +0.8%
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
24
Independent Members
24
Employees
31
Volunteers
48

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
6
$407,148
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYLE FRERES CHAIRMAN 0.75
Officer Director
$0 $0 $0
SAM SANDERS VICE-CHAIRMAN 0.50
Officer Director
$0 $0 $0
TYRONE KONECNY VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ERIC FRITCH TREASURER 0.50
Officer Director
$0 $0 $0
DALE BARTSCH DIRECTOR 0.10
Director
$0 $0 $0
RYAN BEAVER DIRECTOR 0.10
Director
$0 $0 $0
LAURIE BRIGGE DIRECTOR 0.10
Director
$0 $0 $0
TROY CONNOLLY DIRECTOR 0.10
Director
$0 $0 $0
KAYCEE HALLSTROM DIRECTOR 0.10
Director
$0 $0 $0
TIM HUNT DIRECTOR 0.10
Director
$0 $0 $0
MICHAEL KIRKELIE DIRECTOR 0.10
Director
$0 $0 $0
ROD LUCAS DIRECTOR 0.10
Director
$0 $0 $0
SCOTT MANKE DIRECTOR 0.10
Director
$0 $0 $0
TOM PARKS DIRECTOR 0.10
Director
$0 $0 $0
CHRISTOF RICHTER DIRECTOR 0.10
Director
$0 $0 $0
BRENT SAUNDERS DIRECTOR 0.10
Director
$0 $0 $0
BRETT SLAUGHTER DIRECTOR 0.10
Director
$0 $0 $0
GREG SMITH DIRECTOR 0.10
Director
$0 $0 $0
JASON SMITH DIRECTOR 0.10
Director
$0 $0 $0
ROSS STOCK DIRECTOR 0.10
Director
$0 $0 $0
AARON SULZER DIRECTOR 0.10
Director
$0 $0 $0
FRANK TURNBULL DIRECTOR 0.10
Director
$0 $0 $0
KELLY WHITE DIRECTOR 0.10
Director
$0 $0 $0
CRAIG VAN COTT DIRECTOR 0.10
Director
$0 $0 $0
JEFFREY FANTOZZI PRESIDENT 40.00
Officer
$250,940 $41,279 $292,219
HANNAH PETERSEN SECRETARY, DIRECTOR OF FINANCE 40.00
Officer
$102,373 $12,556 $114,929
SKEET ROMINGER DIRECTOR OF QUALITY SERVICES 40.00
Highest
$110,966 $28,238 $139,204
BENJAMIN HAYNES DIRECTOR OF OPERATIONS 40.00
Highest
$100,052 $16,148 $116,200
VINCENT REMER DIRECTOR OF TECHNICAL SERVICES 40.00
Highest
$111,880 $16,196 $128,076
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 $4,692,537 $4,989,831 $3,623,485 $-297,294
2022 $4,524,460 $4,686,471 $3,678,193 $-162,011
2021 $4,417,361 $4,089,394 $3,862,387 $327,967
2020 $4,108,682 $3,633,902 $3,521,349 $474,780
2019 $3,816,473 $4,038,028 $3,116,872 $-221,555
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