TACOMA EDUCATION ASSOCIATION

EIN: 910680925

TACOMA, WA

Total Revenue
$1,542,141
Total Expenses
$1,461,934
Total Assets
$2,023,832
Net Assets
$1,293,170
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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
1964
Legal Domicile
WA
Principal Officer
PENNY CRAMER
Phone
2535654411
Tax Period
2023-09-01 to 2024-08-31

TACOMA EDUCATION ASSOCIATION, founded in 1964, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 5% surplus.

Mission

TO PROMOTE THE CAUSE OF PUBLIC EDUCATION ON BEHALF OF ITS MEMBERS.

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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 $1,501,955
Investment Income $39,758
Other Revenue $428
TOTAL REVENUE $1,542,141

Expense Breakdown

Grants Paid $8,000
Salaries & Benefits $1,151,153
Fundraising Expenses $0
Other Expenses $302,781
TOTAL EXPENSES $1,461,934

Year-over-Year Comparison

2023 2022 Change
Revenue $1,542,141 $1,384,758 +0.1%
Expenses $1,461,934 $1,305,612 +0.1%
Net Income $80,207 $79,146 +0.0%
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
13
Independent Members
13
Employees
2
Volunteers
N/A

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
5
$193,745
Total Directors
14
$193,745
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PENNY CRAMER PRESIDENT 40.00
Officer Director
$182,443 $0 $182,443
ANN MCPARTLON VICE PRESIDE 2.00
Officer Director
$11,302 $0 $11,302
DUJUANYA LASENBY TREASURER 2.00
Officer Director
$0 $0 $0
JENNIFER BOUTELL SECRETARY 2.00
Officer Director
$0 $0 $0
MARK CRAYPO BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE SHAMBLIN BOARD MEMBER 2.00
Director
$0 $0 $0
TIFFANY ROOSSIEN BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER VANDEVER BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL WILLIAMS BOARD MEMBER 2.00
Director
$0 $0 $0
KATHY WOODWARD BOARD MEMBER 2.00
Director
$0 $0 $0
TINA TAYLOR BOARD MEMBER 2.00
Director
$0 $0 $0
DANITA KIOURKAS BOARD MEMBER 2.00
Director
$0 $0 $0
JEREMY SWITZER BOARD MEMBER 2.00
Director
$0 $0 $0
JESSICA UPTON UNISERV REPR 37.50
Highest
$187,666 $83,365 $271,031
CONNIE POWELL UNISERV REPR 37.50
Highest
$215,288 $87,578 $302,866
ANGEL MORTON PRESIDENT (C N/A
Officer Director
$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 $1,542,141 $1,461,934 $2,023,832 $80,207
2023 $1,384,758 $1,305,612 $1,790,098 $79,146
2022 $1,365,541 $1,352,709 $1,690,771 $12,832
2021 $1,351,687 $1,126,421 $1,649,428 $225,266
2020 $1,324,740 $1,086,939 $1,402,997 $237,801
2019 $1,154,272 $1,047,755 $1,198,932 $106,517
2018 $608,219 $477,297 $672,006 $130,922
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