COMMUNITY DAY SCHOOL ASSOCIATION

EIN: 910987650 501(c)(3) Education

SEATTLE, WA

Total Revenue
$8,278,105
Total Expenses
$8,019,394
Total Assets
$4,106,130
Net Assets
$2,936,030
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
WA
Principal Officer
LAURA NICHOLSON
Phone
2067267972
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY DAY SCHOOL ASSOCIATION, founded in 1977, is a community nonprofit in the Education sector that reported $8.3M in total revenue in fiscal year 2024. Expenses of $8.0M left a modest 3% surplus.

Mission

LEAD THE CHARGE TO BRILLIANT OUTCOMES FOR THE CHILDREN OF OUR COMMUNITY (SEE PART III, LINE 1)LEAD THE CHARGE TO BRILLIANT OUTCOMES FOR THE CHILDREN OF OUR COMMUNITY BY ENSURING EQUITABLE ACCESS TO THE HIGHEST QUALITY LEARNING AND CARE.COMMUNITY DAY SCHOOL ASSOCIATION, DOING BUSINESS AS LAUNCH, WAS FOUNDED IN 1977 AS A WASHINGTON NONPROFIT CORPORATION DEDICATED TO PROVIDING QUALITY ENRICHMENT PROGRAMMING FOR CHILDREN AGES 3-12.

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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 (2024)

Revenue Breakdown

Contributions & Grants $208,547
Program Service Revenue $7,952,115
Investment Income $102,455
Other Revenue $14,988
TOTAL REVENUE $8,278,105

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,329,276
Fundraising Expenses $161,176
Program Expenses $6,733,459
Other Expenses $1,690,118
TOTAL EXPENSES $8,019,394

Year-over-Year Comparison

2024 2023 Change
Revenue $8,278,105 $7,980,615 +0.0%
Expenses $8,019,394 $8,071,473 0.0%
Net Income $258,711 $-90,858 -3.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
149
Volunteers
12

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
7
$270,955
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRANG MARQUEZ TREASURER (3/2025-CURRENT) 1.00
Officer Director
$0 $0 $0
ADAM PETKUN BOARD MEMBER 1.00
Director
$0 $0 $0
NICK HEYER BOARD MEMBER 1.00
Director
$0 $0 $0
SAFI SADIQ CO-BOARD CHAIR 1.00
Officer Director
$0 $0 $0
TESSA FRANCHINI BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE ZHANG CO-BOARD CHAIR (10/2024-7/2025) 1.00
Officer Director
$0 $0 $0
REBECCA GRUSSGOTT SECRETARY (12/2024-CURRENT) 1.00
Officer Director
$0 $0 $0
JOANNA STODDEN BOARD MEMBER 1.00
Director
$0 $0 $0
KJ DYKEMA TREASURER (9/2023-1/2025) 1.00
Officer Director
$0 $0 $0
JESSICA ANDRE BOARD MEMBER 1.00
Director
$0 $0 $0
LAUREN ELLIS BOARD MEMBER 1.00
Director
$0 $0 $0
HITOMI WHITLOCK BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON THOMAS CHIEF FINANCE & ADMIN (THRU 2/2025) 40.00
Officer
$122,857 $8,162 $131,019
LAURA NICHOLSON CHIEF EXECUTIVE OFFICER 40.00
Officer
$127,936 $12,000 $139,936
JENNIFER PEGARIDO CHIEF PEOPLE OFFICER 40.00
Highest
$117,944 $11,432 $129,376
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
2025 $8,278,105 $8,019,394 $4,106,130 $258,711
2024 $7,980,615 $8,071,473 $3,677,852 $-90,858
2023 $6,606,674 $8,493,388 $3,999,151 $-1,886,714
2022 $7,204,596 $7,259,427 $5,222,407 $-54,831
2021 $7,597,893 $6,201,248 $5,316,606 $1,396,645
2020 $6,165,635 $5,876,610 $4,660,688 $289,025
2019 $6,449,013 $5,656,254 $3,379,932 $792,759
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