SKAGIT VALLEY NEIGHBORS IN NEED (EIN 910951646) - 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

1976

Legal Domicile

Principal Officer

RUDY KERKVLIET

Phone

3604166947

Tax Period

2024-01-01 to 2024-12-31

SKAGIT VALLEY NEIGHBORS IN NEED, founded in 1976, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

FOOD BANK FOR LOW INCOME INDIVIDUALS AND FAMILIES

🔒

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 $3,255,161

Program Service Revenue $0

Investment Income $15,581

Other Revenue $0

TOTAL REVENUE $3,270,742

Expense Breakdown

Grants Paid $2,933,362

Salaries & Benefits $193,093

Fundraising Expenses $0

Program Expenses $3,169,539

Other Expenses $150,962

TOTAL EXPENSES $3,277,417

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,270,742	$2,763,536	+0.2%
Expenses	$3,277,417	$2,804,537	+0.2%
Net Income	$-6,675	$-41,001	-0.8%

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

Total Directors

$66,515

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE FOX	DIRECTOR	20.00	Director Highest	$66,515	$0	$66,515
PAIGE DAVIS	EMPLOYEE	40.00	Highest	$52,080	$0	$52,080
JENNIFER PITNER	MEMBER	1.00	Director	$0	$0	$0
BILL BAILEY	MEMBER	1.00	Director	$0	$0	$0
DALE ABBOTT	MEMBER	1.00	Director	$0	$0	$0
TOM BRANDUP	MEMBER	1.00	Director	$0	$0	$0
JOHN EMDE	MEMBER	1.00	Director	$0	$0	$0
RUDY KERKVLIET	PRESIDENTTREASURER	2.00	Officer	$0	$0	$0
LYNETTE BROWER	SECRETARY	1.00	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	$3,270,742	$3,277,417	$880,950	$-6,675
2023	$2,763,536	$2,804,537	$888,164	$-41,001
2022	$1,924,244	$1,882,829	$927,984	$41,415
2021	$1,562,266	$1,337,537	$885,507	$224,729
2020	$1,799,682	$1,414,036	$660,709	$385,646
2019	$1,572,749	$1,553,526	$274,378	$19,223
2018	$1,498,879	$1,521,158	$255,115	$-22,279

SKAGIT VALLEY NEIGHBORS IN NEED