WASHINGTON STATE APPLE BLOSSOM FESTIVAL (EIN 910539791) - 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

1953

Legal Domicile

Principal Officer

DARCI CHRISTOFERSON

Phone

5096623616

Tax Period

2024-09-01 to 2025-08-31

WASHINGTON STATE APPLE BLOSSOM FESTIVAL, founded in 1953, is a small nonprofit that reported $404K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $368K left a modest 9% surplus.

Mission

TO PROMOTE AN ONGOING ANNUAL COMMUNITY CELEBRATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $112,037

Program Service Revenue $0

Investment Income $9,064

Other Revenue $282,754

TOTAL REVENUE $403,855

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,220

Fundraising Expenses $60,376

Program Expenses $163,348

Other Expenses $167,210

TOTAL EXPENSES $368,430

Year-over-Year Comparison

	2024	2023	Change
Revenue	$403,855	$341,159	+0.2%
Expenses	$368,430	$347,707	+0.1%
Net Income	$35,425	$-6,548	-6.4%

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

250

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

$105,138

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CURT ULRICH	DIRECTOR GENERAL	2.00	Director	$0	$0	$0
KATHY CAMPBELL	ASSISTANT DIRECTOR GENERAL	2.00	Director	$0	$0	$0
MARY ANN CASTRO	PROGRAM DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINE JAHR	BOARD MEMBER	2.00	Director	$0	$0	$0
REBECCA MALONEY	BOARD MEMBER	2.00	Director	$0	$0	$0
SHAYNE RENNIE	BOARD MEMBER	2.00	Director	$0	$0	$0
MEGAN SAND	BOARD MEMBER	2.00	Director	$0	$0	$0
ELLIOTT SALMON	BOARD MEMBER	2.00	Director	$0	$0	$0
SIOBHAN FRYHOVER	BOARD MEMBER	2.00	Director	$0	$0	$0
SUSAN MULLEN	BOARD MEMBER	2.00	Director	$0	$0	$0
GREG WOOD	BOARD MEMBER	2.00	Director	$0	$0	$0
GAVIN GAHRINGER	BOARD MEMBER	2.00	Director	$0	$0	$0
DARCI CHRISTOFERSON	ADMINISTRATOR	40.00	Officer	$105,138	$0	$105,138

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	$403,855	$368,430	$800,746	$35,425
2024	$341,159	$347,707	$749,844	$-6,548
2023	$402,964	$315,467	$738,417	$87,497
2022	$357,148	$316,851	$651,978	$40,297
2021	$323,793	$216,610	$621,083	$107,183
2020	$157,373	$246,623	$499,075	$-89,250
2019	$335,989	$290,663	$589,419	$45,326

WASHINGTON STATE APPLE BLOSSOM FESTIVAL