Denise Louie Education center

EIN: 911016974 501(c)(3) Education

Seattle, WA

Total Revenue
$8,435,698
Total Expenses
$8,327,560
Total Assets
$16,198,963
Net Assets
$14,361,539
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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
1978
Legal Domicile
WA
Principal Officer
Susan Yang
Phone
2069731810
Tax Period
2023-11-01 to 2024-10-31

Denise Louie Education center, founded in 1978, is a community nonprofit in the Education sector that reported $8.4M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

DLEC PROMOTES SCHOOL AND LIFE READINESS BY PROVIDING MULTI-CULTURAL EARLY LEARNING SERVICES TO CHILDREN AND FAMILIES, ESPECIALLY THOSE WHO NEED OUR SERVICES THE MOST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,986,621
Program Service Revenue $395,297
Investment Income $88,209
Other Revenue $-34,429
TOTAL REVENUE $8,435,698

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,154,908
Fundraising Expenses $222,122
Program Expenses $6,842,330
Other Expenses $2,172,652
TOTAL EXPENSES $8,327,560

Year-over-Year Comparison

2023 2022 Change
Revenue $8,435,698 $11,749,401 -0.3%
Expenses $8,327,560 $8,629,347 0.0%
Net Income $108,138 $3,120,054 -1.0%
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
12
Independent Members
12
Employees
140
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
5
$144,486
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN YANG EXECUTIVE DIRECTOR 40.0
Officer
$141,292 $3,194 $144,486
KAI SHIH BOARD PRESIDENT 4.0
Officer Director
$0 $0 $0
SINAN LI BOARD VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
MITZI MOORE BOARD TREASURER 2.0
Officer Director
$0 $0 $0
LINH TRINH BOARD SECRETARY 1.0
Officer Director
$0 $0 $0
MICHAEL BLODGETT BOARD MEMBER 1.0
Director
$0 $0 $0
AMANDA LAU CHEN BOARD MEMBER 1.0
Director
$0 $0 $0
JENNIE COCHRAN CHINN BOARD MEMBER 1.0
Director
$0 $0 $0
XIU WEN LI BOARD MEMBER 1.0
Director
$0 $0 $0
VIVIAN MARITZ BOARD MEMBER 1.0
Director
$0 $0 $0
MANAAL SIDDIQUE BOARD MEMBER 1.0
Director
$0 $0 $0
KAINUI SMITH BOARD MEMBER 1.0
Director
$0 $0 $0
WHITNEY WHITE BOARD MEMBER 1.0
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 $8,435,698 $8,327,560 $16,198,963 $108,138
2023 $11,749,401 $8,629,347 $16,851,823 $3,120,054
2022 $8,495,463 $8,138,691 $15,199,401 $356,772
2021 $8,258,470 $7,349,854 $14,730,962 $908,616
2020 $8,278,360 $6,933,764 $13,413,160 $1,344,596
2019 $6,135,492 $6,037,467 $11,662,344 $98,025
2018 $4,883,702 $5,124,671 $2,442,313 $-240,969
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