PENINSULA EDUCATION ASSOCIATION

EIN: 911010672

GIG HARBOR, WA

Total Revenue
$270,994
Total Expenses
$265,014
Total Assets
$47,762
Net Assets
$47,762
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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
2005
Legal Domicile
WA
Principal Officer
CAROL RIVERA
Phone
2538518710
Tax Period
2024-09-01 to 2025-08-31

PENINSULA EDUCATION ASSOCIATION, founded in 2005, is a small nonprofit that reported $271K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

REPRESENT PENINSULA SCHOOL DISTRICT TEACHERS IN NEGOTIATIONS AND GRIEVANCES.

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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 $270,994
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $270,994

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $171,514
Fundraising Expenses $0
Program Expenses $240,607
Other Expenses $91,500
TOTAL EXPENSES $265,014

Year-over-Year Comparison

2024 2023 Change
Revenue $270,994 $333,096 -0.2%
Expenses $265,014 $330,527 -0.2%
Net Income $5,980 $2,569 +1.3%
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
8
Independent Members
8
Employees
1
Volunteers
50

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
1
$179,378
Total Directors
4
$182,363
Key Employees
1
$179,378
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL RIVERA PRESIDENT 40
Officer Director Key Emp Highest
$171,514 $7,864 $179,378
DAVID ASTON VICE PRESIDENT 5
Director
$800 $0 $800
MARCI CUMMINGS COHOE TREASURER 5
Director
$800 $0 $800
ELIZABETH STITT SECRETARY 5
Director
$1,385 $0 $1,385
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 $270,994 $265,014 $47,762 $5,980
2024 $333,096 $330,527 $41,784 $2,569
2023 $289,569 $301,049 $104,920 $-11,480
2022 $239,571 $251,316 $93,692 $-11,745
2021 $215,017 $214,433 $57,117 $584
2020 $224,016 $177,351 $58,455 $46,665
2019 $216,721 $216,455 $30,545 $266
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