Sequim, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Sequim Food Bank, founded in 1982, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 7% surplus.
To provide food and assistance to individuals and organizations within our community so that "no one goes hungry in Sequim".Our 5 core values that guide our work:1. Compassion and Respect: Turn no one away from services and always encourage positive relationships with clients and the community.2. Stewardship & Sustainability: Be responsible stewards of our resources with focus on providing a well maintained, safe facility and equipment, and minimizing waste as much as possible.3. Education & Prevention: Commit to promoting healthy eating while reducing hunger. Strive to understand and eliminate the root causes of hunger.4. Collaboration & Cooperation: Engage and involve a network of community members.5. Diversity & Multiculturalism: Understand the diverse individual and cultural needs in our community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,157,519 | $1,736,143 | +0.2% |
| Expenses | $2,007,816 | $1,850,135 | +0.1% |
| Net Income | $149,703 | $-113,992 | -2.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Andra Smith | Executive Director | 40.00 |
|
$78,722 | $6,562 | $85,284 |
| Stephen Rosales | Board Member | 10.00 |
Director
|
$0 | $0 | $0 |
| Patricia Lebowitz | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Mark Ozias | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Carrie Heaton | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Joseph Sharkey | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Stephanie Price | President | 3.00 |
Officer
|
$0 | $0 | $0 |
| Jeffrey Forberg | Secretary/Treas | 3.00 |
Officer
|
$0 | $0 | $0 |
| Deon Kapetan | Vice President | 3.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,157,519 | $2,007,816 | $1,758,265 | $149,703 |
| 2022 | $1,736,143 | $1,850,135 | $1,614,947 | $-113,992 |
| 2021 | $2,098,412 | $1,804,225 | $1,717,978 | $294,187 |
| 2020 | $3,015,926 | $2,377,603 | $1,428,454 | $638,323 |
| 2019 | $984,930 | $970,642 | $781,432 | $14,288 |
| 2018 | $985,518 | $1,020,062 | $757,299 | $-34,544 |
Compare Sequim Food Bank with other nonprofits in Washington and across the country.