ECONOMIC ALLIANCE SNOHOMISH COUNTY

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

RAY STEPHANSON

Phone

4257434567

Tax Period

2024-01-01 to 2024-12-31

ECONOMIC ALLIANCE SNOHOMISH COUNTY, founded in 1955, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $3.1M left a modest 5% surplus.

Mission

THE ALLIANCE IS COMMITED TO GROWING AND NURTURING A VITAL REGIONALECONOMY THAT IS GLOBALLY COMPETITIVE BY EXPANDING PARTNERSHIPS, DEVELOPING KEY RESOURCES, AND BUILDING THE INFRASTRUCTURE SYSTEMS THAT CREATE LOCAL AND REGIONAL EMPLOYMENT CENTERS.

Program Service Accomplishments

Program 1

Expenses: $2,537,518 Revenue: $413,092

THE ORGANIZATION WAS A CATALYST FOR ECONOMIC VITALITY, RESULTING IN STRONGER COMMUNITIES, INCREASED JOB CREATION, EXPANDED EDUCATIONAL OPPORTUNITIES, AND IMPROVED INFRASTRUCTURE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,826,536

Program Service Revenue $310,571

Investment Income $39,191

Other Revenue $111,401

TOTAL REVENUE $3,287,699

Expense Breakdown

Grants Paid $224,499

Salaries & Benefits $1,697,139

Fundraising Expenses $113,592

Program Expenses $2,537,518

Other Expenses $1,215,161

TOTAL EXPENSES $3,136,799

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,287,699	$2,259,336	+0.5%
Expenses	$3,136,799	$2,789,319	+0.1%
Net Income	$150,900	$-529,983	-1.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

113

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

$343,956

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG PURCELL	CHAIR	1.00	Officer Director	$0	$0	$0
SCOTT KENNEDY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NANCY EKREM	TREASURER	1.00	Officer Director	$0	$0	$0
DEBBIE TAGLIALAVORE	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
BILL AKERS	DIRECTOR	1.00	Director	$0	$0	$0
RUDI ALCOTT	DIRECTOR (THRU 7/24)	1.00	Director	$0	$0	$0
KRISTY CARRINGTON	DIRECTOR	1.00	Director	$0	$0	$0
CHEMENE CRAWFORD	DIRECTOR	1.00	Director	$0	$0	$0
PAUL DINI	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY DON	DIRECTOR	1.00	Director	$0	$0	$0
CRYSTAL DONNER	DIRECTOR	1.00	Director	$0	$0	$0
AMY DREWEL	DIRECTOR	1.00	Director	$0	$0	$0
MARK DUFFY	DIRECTOR	1.00	Director	$0	$0	$0
JOY EMORY	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN ESTERBERG	DIRECTOR	1.00	Director	$0	$0	$0
CASSIE FRANKLIN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE FRIZZELL	DIRECTOR	1.00	Director	$0	$0	$0
WENDY WEIKER	DIRECTOR	1.00	Director	$0	$0	$0
DAN GAFFNEY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HAARLOW	DIRECTOR	1.00	Director	$0	$0	$0
SHUBERT HO	DIRECTOR	1.00	Director	$0	$0	$0
ERIC HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
RIC IILGENFRITZ	DIRECTOR	1.00	Director	$0	$0	$0
NANCY KEITH	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT KNOLL	DIRECTOR	1.00	Director	$0	$0	$0
TOM LANE	DIRECTOR (THRU 12/24)	1.00	Director	$0	$0	$0
LISA LAPLANTE	DIRECTOR	1.00	Director	$0	$0	$0
LISA LEFEBER	DIRECTOR	1.00	Director	$0	$0	$0
DANIELLE LOTHROP	DIRECTOR	1.00	Director	$0	$0	$0
AMALIA MARTINO	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA MENZEL	DIRECTOR (THRU 4/24)	1.00	Director	$0	$0	$0
A NEEPAPORN	DIRECTOR (THRU 12/24)	1.00	Director	$0	$0	$0
JON NEHRING	DIRECTOR	1.00	Director	$0	$0	$0
NATE NEHRING	DIRECTOR	1.00	Director	$0	$0	$0
JOSH O'CONNOR	DIRECTOR	1.00	Director	$0	$0	$0
IWALANI PAQUETTE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL PITRE	DIRECTOR	1.00	Director	$0	$0	$0
JANET POPE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PRESTON	DIRECTOR	1.00	Director	$0	$0	$0
CORBIN RESSEGUIE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ROSELLI	DIRECTOR	1.00	Director	$0	$0	$0
MIKE ROSEN	DIRECTOR	1.00	Director	$0	$0	$0
IAN SALTZMAN	DIRECTOR	1.00	Director	$0	$0	$0
AMIT SINGH	DIRECTOR	1.00	Director	$0	$0	$0
DAVE SOMERS	DIRECTOR	1.00	Director	$0	$0	$0
KYLE STANNERT	DIRECTOR	1.00	Director	$0	$0	$0
LOIS LANGER THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
EDUARDO TORRES	DIRECTOR	1.00	Director	$0	$0	$0
BILL TSOUKALAS	DIRECTOR	1.00	Director	$0	$0	$0
PEYTON TUNE	DIRECTOR (THRU 4/24)	1.00	Director	$0	$0	$0
DON VANNEY	DIRECTOR	1.00	Director	$0	$0	$0
RICH WHITE	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT WOERMAN	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN WOODWARD	DIRECTOR	1.00	Director	$0	$0	$0
CPT STACY WUTHIER	DIRECTOR	1.00	Director	$0	$0	$0
WENDY POISCHBEG	INTERIM CEO & PRESIDENT VP ECONOMIC DEVELOPMENT	40.00	Officer	$215,517	$19,001	$234,518
ERIK PETERSEN	DIRECTOR OF ACCOUNTING AND PROGRAMS	40.00	Officer	$100,000	$3,000	$103,000
RAYMOND STEPHANSON	PRESIDENT & CEO	40.00	Officer	$6,250	$188	$6,438
ALYSSA JACKSON	DIRECTOR OF STEM	40.00	Highest	$132,791	$12,040	$144,831
OLIVIA MAISEL	DIRECTOR OF OPERATIONS	40.00	Highest	$122,142	$11,720	$133,862
AILEEN FORDE	DIRECTOR OF INVESTOR RELATIONS	40.00	Highest	$124,169	$0	$124,169
RASHMA AGARWAL	VP OF PUBLIC AFFAIRS	40.00	Highest	$109,041	$9,233	$118,274

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	$3,287,699	$3,136,799	$2,328,605	$150,900
2023	$2,259,336	$2,789,319	$2,090,265	$-529,983
2022	$2,163,952	$2,418,026	$2,710,036	$-254,074
2021	$2,266,401	$1,971,912	$2,270,851	$294,489
2020	$5,050,042	$4,585,006	$2,923,179	$465,036
2019	$2,168,321	$2,115,356	$1,488,567	$52,965
2018	$2,078,490	$1,967,436	$1,486,619	$111,054