FEDERAL WAY EDUCATION ASSOCIATION (EIN 910833220) - 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

1969

Legal Domicile

Principal Officer

JAMES BROWN

Phone

2538388571

Tax Period

2023-09-01 to 2024-08-31

FEDERAL WAY EDUCATION ASSOCIATION, founded in 1969, is a small nonprofit that reported $558K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

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

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $546,745

Investment Income $10,787

Other Revenue $0

TOTAL REVENUE $557,532

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $402,090

Fundraising Expenses $0

Other Expenses $139,215

TOTAL EXPENSES $544,305

Year-over-Year Comparison

	2023	2022	Change
Revenue	$557,532	$499,930	+0.1%
Expenses	$544,305	$524,275	+0.0%
Net Income	$13,227	$-24,345	-1.5%

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

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

$258,803

Total Directors

$263,470

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BROWN	PRESIDENT	40.00	Officer Director	$179,503	$0	$179,503
EMILY WILSON	VICE PRESIDE	20.00	Officer Director	$78,800	$0	$78,800
STEPHANIE PRICE	SECRETARY	2.00	Officer Director	$500	$0	$500
OLIVIA COLEY-BISHOP	REPRESENTATI	2.00	Director	$167	$0	$167
GINA HARADA	REPRESENTATI	2.00	Director	$500	$0	$500
JEREMY BORT	REPRESENTATI	2.00	Director	$0	$0	$0
ERIK GROTZKE	REPRESENTATI	2.00	Director	$700	$0	$700
SARA ROWE	REPRESENTATI	2.00	Director	$550	$0	$550
KATHY MILLER	REPRESENTATI	2.00	Director	$500	$0	$500
CHRISTINE CARLSON	REPRESENTATI	2.00	Director	$500	$0	$500
CHRISTINE YOUNG	REPRESENTATI	2.00	Director	$550	$0	$550
BRETT LUCAS	REPRESENTATI	2.00	Director	$700	$0	$700
LUCY ARREGUIN	REPRESENTATI	2.00	Director	$500	$0	$500
REIMBURSED TO SCHOOL	DISTRICT EMP	N/A	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	$557,532	$544,305	$469,835	$13,227
2023	$499,930	$524,275	$456,685	$-24,345
2022	$441,509	$565,139	$522,975	$-123,630
2021	$470,019	$414,548	$645,117	$55,471
2020	$490,548	$390,948	$559,169	$99,600
2019	$405,117	$398,258	$413,851	$6,859

FEDERAL WAY EDUCATION ASSOCIATION