Olympia Tumwater Foundation (EIN 910741161) - Form 990 Financial Analysis & Trantor Score

🔒

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

1950

Legal Domicile

Principal Officer

Todd Cutts

Phone

3609432550

Tax Period

2024-01-01 to 2024-12-31

Olympia Tumwater Foundation, founded in 1950, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $216K, a strong 17% operating margin.

Mission

The Olympia Tumwater Foundation honors both the history and future of Thurston County through its commitment to a wide range of community projects including student scholarships, historic preservation, and stewardship of Brewery Park at Tumwater Falls. Through such civic involvement, the Foundation continues the tradition of philanthropy and responsible citizenship established by the Schmidt family and the Olympia Brewing Company.

🔒

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 $142,171

Program Service Revenue $0

Investment Income $1,049,078

Other Revenue $105,911

TOTAL REVENUE $1,297,160

Expense Breakdown

Grants Paid $107,545

Salaries & Benefits $429,770

Fundraising Expenses $0

Program Expenses $634,827

Other Expenses $543,726

TOTAL EXPENSES $1,081,041

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,297,160	$759,428	+0.7%
Expenses	$1,081,041	$891,082	+0.2%
Net Income	$216,119	$-131,654	-2.6%

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

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

$166,082

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jill Crowson	Trustee	0.50	Director	$0	$0	$0
Waite Dalrymple	Vice President	1.00	Officer Director	$0	$0	$0
Annette Pitts	Trustee	0.50	Director	$0	$0	$0
Dan Jones	Trustee	0.50	Director	$0	$0	$0
Katie Hurley	Trustee	0.50	Director	$0	$0	$0
John Dodge	Trustee	0.50	Director	$0	$0	$0
Dan O'Neill	Trustee	0.50	Director	$0	$0	$0
Drew Phillips	Executive Member at Large	0.50	Director	$0	$0	$0
Lee Wojnar	President	1.00	Officer Director	$0	$0	$0
Perry Shea	Trustee	0.50	Director	$0	$0	$0
Nic Crowson	Trustee	0.50	Director	$0	$0	$0
Cecelia Loveless	Executive Member at Large	0.50	Director	$0	$0	$0
Gary Swindler	Treasurer	1.00	Officer Director	$0	$0	$0
Andrew Edwards	Trustee	0.50	Director	$0	$0	$0
John Freedman	Executive Director	40.00	Officer	$161,127	$4,955	$166,082

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	$1,297,160	$1,081,041	$12,046,801	$216,119
2023	$759,428	$891,082	$11,306,639	$-131,654
2022	$616,884	$792,366	$10,839,310	$-175,482
2021	$945,126	$795,975	$12,508,072	$149,151
2020	$447,074	$637,294	$11,432,760	$-190,220
2019	$585,084	$703,392	$11,430,106	$-118,308
2018	$1,327,878	$739,299	$10,520,810	$588,579

Olympia Tumwater Foundation