Washington Association of Educators for Talented and Gifted

EIN: 911259402 501(c)(3) Education

Wenatchee, WA

Total Revenue
$225,296
Total Expenses
$216,507
Total Assets
$114,377
Net Assets
$111,631
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
WA
Principal Officer
Reby Parsely
Phone
5096625951
Tax Period
2023-07-01 to 2024-06-30

Washington Association of Educators for Talented and Gifted, founded in 1984, is a small nonprofit in the Education sector that reported $225K in total revenue in fiscal year 2023. Expenses of $217K left a modest 4% surplus.

Mission

To empower educators and communities to support the educational and social emotional development of talented and gifted students.

Program Service Accomplishments

Program 1
Expenses: $166,852 Revenue: $198,383

The 2023 conference was held October 20-21 at the Hyatt Regency in Lake Washington. WAETAG advocates for equitable policies and practices for educators who work with academically advanced students...

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The 2023 conference was held October 20-21 at the Hyatt Regency in Lake Washington. WAETAG advocates for equitable policies and practices for educators who work with academically advanced students. This includes a focus on strenth- based approaches for finding talent, providing acccess to advanced learning opportunities,and matching evidence-supported instructional practices and services to students strengths, needs, and domains of talent.

Program 2
Expenses: $2,269 Revenue: $0

Grants are available to educators of $1,000 per quarter to provide an opportunity for ongoing professional development and/or support for their classrooms. WAETAG is dedicated to empowering educators...

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Grants are available to educators of $1,000 per quarter to provide an opportunity for ongoing professional development and/or support for their classrooms. WAETAG is dedicated to empowering educators through our grants and scholarships program designed to improve the quality of instruction, support innovative projects and initiatives, and drive positive change in educational practices for academically advanced students. From attending vital seminars to upgrading teaching tools and enriching student experiences, our financial support makes a significant impact on both present and future educators, as well as their students.

Program 3
Expenses: $0 Revenue: $0

WAETAG consistently provides high-quality professional development opportunities for educators statewide and beyond. Our offerings encompass monthly webinars, an annual fall conference, spring...

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WAETAG consistently provides high-quality professional development opportunities for educators statewide and beyond. Our offerings encompass monthly webinars, an annual fall conference, spring summits on both sides of the state, and an online library of on-demand webinars. All offerings are designed to support equitable identification and instruction while enhancing educator expertise in meeting the needs of academically advanced students. Clock hours are provided, ensuring educators receive professional development credit for their participation.

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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 $9,471
Program Service Revenue $215,738
Investment Income $87
Other Revenue $0
TOTAL REVENUE $225,296

Expense Breakdown

Grants Paid $5,269
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $169,121
Other Expenses $211,238
TOTAL EXPENSES $216,507

Year-over-Year Comparison

2023 2022 Change
Revenue $225,296 $214,795 +0.0%
Expenses $216,507 $256,345 -0.2%
Net Income $8,789 $-41,550 -1.2%
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
8
Independent Members
8
Employees
N/A
Volunteers
30

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
$0
Total Directors
4
$47,386
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Reby Parsley President 3.00
Officer
$0 $0 $0
Jen Flo Immediate Past-President 3.00
Officer
$0 $0 $0
Wendy Clark Past President 5.00
Officer
$0 $0 $0
Jodi Olson Secretary 1.00
Officer
$0 $0 $0
Robert Fawcett Treasurer 3.00
Officer
$0 $0 $0
Tamra Stambaugh Higher Education Rep 1.00
Director
$0 $0 $0
Elaine Christensen Private School Rep 1.00
Director
$0 $0 $0
Katie Coder Board Member At Large 1.00
Director
$0 $0 $0
Amy Phillips Executive Director 40.00
Director
$47,386 $0 $47,386
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 $225,296 $216,507 $114,377 $8,789
2023 $214,795 $256,345 $103,872 $-41,550
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