LEAGUE OF WOMEN VOTERS OF SEATTLE- KING COUNTY (EIN 910653656) - 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

1956

Legal Domicile

Principal Officer

KIM ALBERT

Phone

2063294848

Tax Period

2023-07-01 to 2024-06-30

LEAGUE OF WOMEN VOTERS OF SEATTLE- KING COUNTY, founded in 1956, is a small nonprofit that reported $108K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $130K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE LEAGUE OF WOMEN VOTERS OF SEATTLE-KING COUNTY, A NONPARTISAN POLITICAL ORGANIZATION, ENCOURAGES INFORMED AND ACTIVE PARTICIPATION IN GOVERNMENT, WORKS TO INCREASE UNDERSTANDING OF MAJOR PUBLIC POLICY ISSUES AND INFLUENCES PUBLIC POLICY THROUGH EDUCATION AND ADVOCACY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $111,555

Program Service Revenue $0

Investment Income $-3,178

Other Revenue $0

TOTAL REVENUE $108,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,659

Fundraising Expenses $6,464

Program Expenses $97,987

Other Expenses $67,653

TOTAL EXPENSES $130,312

Year-over-Year Comparison

	2023	2022	Change
Revenue	$108,377	$158,255	-0.3%
Expenses	$130,312	$138,265	-0.1%
Net Income	$-21,935	$19,990	-2.1%

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

420

Independent Members

420

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH HAEGER	BOARD MEMBER	3.00	Director	$0	$0	$0
KIM ALBERT	BOARD MEMBER	3.00	Director	$0	$0	$0
SARAH BETH MILLER	BOARD MEMBER	3.00	Director	$0	$0	$0
JULIE SARKISSIAN	BOARD MEMBER	3.00	Director	$0	$0	$0
PAT GRIFFITH	BOARD MEMBER	3.00	Director	$0	$0	$0
MARIE COOLEY	SECRETARY	3.00	Officer	$0	$0	$0
CAROL LEVIN	TREASURER	5.00	Officer	$0	$0	$0
LAUREN FREEDMAN	VICE PRESIDENT	3.00	Officer	$0	$0	$0
BARBARA TENGTIO	VICE PRESIDENT	3.00	Officer	$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
2024	$108,377	$130,312	$193,141	$-21,935
2022	$104,961	$128,526	$177,163	$-23,565

LEAGUE OF WOMEN VOTERS OF SEATTLE- KING COUNTY