SNOHOMISH COMMUNITY FOOD BANK (EIN 911334772) - 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

1986

Legal Domicile

Principal Officer

JAY HAGEN

Phone

3605687993

Tax Period

2023-01-01 to 2023-12-31

SNOHOMISH COMMUNITY FOOD BANK, founded in 1986, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 7% surplus.

Mission

TO PROVIDE FOOD AND SERVICES IN A CARING AND DIGNIFIED MANNER TO NEIGHBORS IN NEED

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,048,371

Program Service Revenue $0

Investment Income $135,467

Other Revenue $0

TOTAL REVENUE $2,183,838

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,752

Fundraising Expenses $0

Program Expenses $1,923,586

Other Expenses $1,898,787

TOTAL EXPENSES $2,022,539

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,183,838	$1,295,021	+0.7%
Expenses	$2,022,539	$1,298,192	+0.6%
Net Income	$161,299	$-3,171	-51.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERI CARR	BOARD MEMBER	2.00	Director	$0	$0	$0
RON TASTAD	BOARD MEMBER	2.00	Director	$0	$0	$0
ASHLEIGH CRUZE	EXECUTIVE DI	40.00	Officer	$0	$0	$0
ELIZABETH GRANT	EXECUTIVE DI	40.00	Officer	$0	$0	$0
JAY HAGEN	PRESIDENT	2.00	Officer	$0	$0	$0
THOMAS ROHDE	TREASURER	2.00	Officer	$0	$0	$0
SARA WAGNER	SECRETARY	2.00	Officer	$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	No data	No data	No data	No data
2023	$2,183,838	$2,022,539	$1,633,345	$161,299
2022	$1,295,021	$1,298,192	$1,483,983	$-3,171
2021	$2,436,531	$2,192,608	$1,477,229	$243,923
2020	$2,030,868	$1,399,483	$1,223,017	$631,385
2019	$2,375,531	$1,317,165	$1,594,045	$1,058,366
2019	$1,353,766	$1,294,267	$595,178	$59,499
2018	$1,471,882	$1,545,165	$533,704	$-73,283

SNOHOMISH COMMUNITY FOOD BANK