ECONOMIC DEVELOPMENT COUNCIL OF SEATTLE & KING COUNTY (EIN 911267597) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

WILL EINSTEIN

Phone

2063898650

Tax Period

2018-01-01 to 2018-12-31

ECONOMIC DEVELOPMENT COUNCIL OF SEATTLE & KING COUNTY, founded in 1984, is a small nonprofit that reported $728K in total revenue in fiscal year 2018. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 48% operating deficit.

Mission

TO ENHANCE ECONOMIC VITALITY, EMPLOYMENT OPPORTUNITIES & QUALITY OF LIFE IN SEATTLE & KING COUNTY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $468,140

Program Service Revenue $259,634

Investment Income $0

Other Revenue $0

TOTAL REVENUE $727,774

Expense Breakdown

Grants Paid $567,015

Salaries & Benefits $149,767

Fundraising Expenses $25,182

Program Expenses $984,789

Other Expenses $362,448

TOTAL EXPENSES $1,079,230

Year-over-Year Comparison

	2018	2017	Change
Revenue	$727,774	$1,280,259	-0.4%
Expenses	$1,079,230	$1,159,891	-0.1%
Net Income	$-351,456	$120,368	-3.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$112,795

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILL EINSTEIN	CHAIR	1.60	Officer Director	$0	$0	$0
TIMOTHY HOWELL	VICE CHAIR	1.20	Officer Director	$0	$0	$0
TERRY DANYSH	IMMEDIATE PAST CHAIR	0.80	Officer Director	$0	$0	$0
HON NANCY BACKUS	TREASURER	1.00	Officer Director	$0	$0	$0
STEPHANIE BOWMAN	SECRETARY	0.80	Officer Director	$0	$0	$0
DAVID ALLEN	DIRECTOR	0.80	Director	$0	$0	$0
DOW CONSTANTINE	DIRECTOR	0.80	Director	$0	$0	$0
SHELLEY EASTER GILL	DIRECTOR	0.80	Director	$0	$0	$0
ALBERT LEWIS JR	DIRECTOR	0.80	Director	$0	$0	$0
DAVE MCFADDEN	DIRECTOR	0.80	Director	$0	$0	$0
JENNY DURKAN	DIRECTOR	0.80	Director	$0	$0	$0
JOHN STOKES	DIRECTOR	0.80	Director	$0	$0	$0
MONTY ANDERSON	DIRECTOR	0.80	Director	$0	$0	$0
CARY BADGER	DIRECTOR	0.80	Director	$0	$0	$0
PATRICK BANNON	DIRECTOR	0.80	Director	$0	$0	$0
MARC BERGER	DIRECTOR	0.80	Director	$0	$0	$0
MARIAH BETTISE	DIRECTOR	0.80	Director	$0	$0	$0
GREG BILTE	DIRECTOR	0.80	Director	$0	$0	$0
DAVE CARSON	DIRECTOR	0.80	Director	$0	$0	$0
BILL BOYCE	DIRECTOR	0.80	Director	$0	$0	$0
JEFF CROWE	DIRECTOR	0.80	Director	$0	$0	$0
MARC CUMMINGS	DIRECTOR	0.80	Director	$0	$0	$0
TERRY DAVIS	DIRECTOR	0.80	Director	$0	$0	$0
DEANNA DAWSON	DIRECTOR	0.80	Director	$0	$0	$0
ROB DEMBOWSKI	DIRECTOR	0.80	Director	$0	$0	$0
DOT FALLIHEE	DIRECTOR	0.80	Director	$0	$0	$0
NICOLE GRANT	DIRECTOR	0.80	Director	$0	$0	$0
LISA HERBOLD	DIRECTOR	0.80	Director	$0	$0	$0
BILL HERRERA	DIRECTOR	0.80	Director	$0	$0	$0
RANDY HODGINS	DIRECTOR	0.80	Director	$0	$0	$0
JOHN HOLMAN	DIRECTOR	0.80	Director	$0	$0	$0
TOM MCLEOD	DIRECTOR	0.80	Director	$0	$0	$0
KRISTEN JENSEN	DIRECTOR	0.80	Director	$0	$0	$0
NANCY LONG	DIRECTOR	0.80	Director	$0	$0	$0
JEFF LYON	DIRECTOR	0.80	Director	$0	$0	$0
ANDREW MAGILL	DIRECTOR	0.80	Director	$0	$0	$0
JAMES MAYHEW	DIRECTOR	0.80	Director	$0	$0	$0
BRIANNA MCDONALD	DIRECTOR	0.80	Director	$0	$0	$0
CHRIS MCDOUGALL	DIRECTOR	0.80	Director	$0	$0	$0
PATRICK MCQUEEN	DIRECTOR	0.80	Director	$0	$0	$0
CHRIS MEFFORD	DIRECTOR	0.80	Director	$0	$0	$0
JOHN NOWOJ	DIRECTOR	0.80	Director	$0	$0	$0
MEGAN OUELLETTE	DIRECTOR	0.80	Director	$0	$0	$0
SHOUAN PAN	DIRECTOR	0.80	Director	$0	$0	$0
EMILY PARKHURST	DIRECTOR	0.80	Director	$0	$0	$0
MICHAEL PEARCE	DIRECTOR	0.80	Director	$0	$0	$0
BART PHILLIPS	DIRECTOR	0.80	Director	$0	$0	$0
ALEX PIETSCH	DIRECTOR	0.80	Director	$0	$0	$0
IRENE PLENEFISCH	DIRECTOR	0.80	Director	$0	$0	$0
BILL POPPY	DIRECTOR	0.80	Director	$0	$0	$0
J THOMAS RANKIN	DIRECTOR	0.80	Director	$0	$0	$0
JON SCHOLES	DIRECTOR	0.80	Director	$0	$0	$0
MICHAEL SCHUTZLER	DIRECTOR	0.80	Director	$0	$0	$0
MICHAEL SIEFKES	DIRECTOR	0.80	Director	$0	$0	$0
BRIAN STADING	DIRECTOR	0.80	Director	$0	$0	$0
CATHERINE STANFORD	DIRECTOR	0.80	Director	$0	$0	$0
MARILYN STRICKLAND	DIRECTOR	0.80	Director	$0	$0	$0
PENNY SWEET	DIRECTOR	0.80	Director	$0	$0	$0
JASON TARTICK	DIRECTOR	0.80	Director	$0	$0	$0
ALLAN VAN NESS	DIRECTOR	0.80	Director	$0	$0	$0
MARC BERGER	DIRECTOR	0.80	Director	$0	$0	$0
MELINDA GOFORTH	VICE PRESIDENT, BUSINESS DEVELOPMENT	40.00	Officer	$98,210	$14,585	$112,795

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
2018	$727,774	$1,079,230	No data	$-351,456

ECONOMIC DEVELOPMENT COUNCIL OF SEATTLE & KING COUNTY