THE WHATCOM LITERACY COUNCIL

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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

1983

Legal Domicile

Principal Officer

PAQUI PAREDES MENDEZ

Phone

3607528678

Tax Period

2025-01-01 to 2025-12-31

THE WHATCOM LITERACY COUNCIL, founded in 1983, is a small nonprofit that reported $394K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $157K, a strong 40% operating margin.

Mission

TO TEACH ADULTS TO READ, WRITE AND SPEAK ENGLISH.

Program Service Accomplishments

Program 1

Expenses: $146,716

TUTOR RECRUITMENT, TRAINING AND SUPPORT, STUDENT RECRUITMENT, LEARNING PLAN, MATCHING STUDENT TO TUTOR PAIR. IN 2025, WLC COORDINATED 116 VOLUNTEERS AND SERVED 1,187 ADULT CLIENTS.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $340,622

Program Service Revenue $0

Investment Income $31,115

Other Revenue $22,729

TOTAL REVENUE $394,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,787

Fundraising Expenses $18,091

Program Expenses $146,716

Other Expenses $39,611

TOTAL EXPENSES $237,398

Year-over-Year Comparison

	2025	2024	Change
Revenue	$394,466	$422,389	-0.1%
Expenses	$237,398	$254,903	-0.1%
Net Income	$157,068	$167,486	-0.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

116

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

$107,525

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE FREIMUND	EXECUTIVE DI	40.00	Officer	$96,330	$11,195	$107,525
PAQUI PAREDES MENDEZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL COX	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KAITLYN GILMORE	TREASURER	1.00	Officer Director	$0	$0	$0
CAROL CHOULOCHAS	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN AGUILAR	DIRECTOR	1.00	Director	$0	$0	$0
STUAR ANDRADE	DIRECTOR	1.00	Director	$0	$0	$0
BRENT CARBAJAL	DIRECTOR	1.00	Director	$0	$0	$0
GLORIA GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
DR BILL GERRITZ	DIRECTOR	1.00	Director	$0	$0	$0
CATALINA HOPE	DIRECTOR	1.00	Director	$0	$0	$0
ANDRES PARRA	DIRECTOR	1.00	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
2025	$394,466	$237,398	$1,121,396	$157,068
2024	No data	No data	No data	No data
2023	$231,326	$246,432	$731,228	$-15,106
2022	$265,621	$237,140	$758,403	$28,481
2021	$200,502	$193,663	$765,382	$6,839
2020	$365,759	$188,064	$702,245	$177,695
2019	$255,853	$191,428	$498,949	$64,425
2018	$258,542	$179,919	$406,019	$78,623