SNOHOMISH EDUCATION FOUNDATION

🔒

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

KAY DITZENBERGER

Phone

3605685292

Tax Period

2023-01-01 to 2023-12-31

SNOHOMISH EDUCATION FOUNDATION, founded in 1986, is a small nonprofit in the Education sector that reported $491K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $545K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE SNOHOMISH EDUCATION FOUNDATION FOSTERS LEARNING BY EXPANDING OPPORTUNITIES FOR SNOHOMISH SCHOOL DISTRICT STUDENTS.

Program Service Accomplishments

Program 1

Expenses: $277,741

OVER $227,000 WAS GIVEN TO NEARLY 200 GRADUATING SENIORS FROM ACROSS THE DISTRICT TO HELP FULFILL THEIR DREAMS OF HIGHER EDUCATION.

Program 2

Expenses: $115,460

AWARDS FOR GRANTS TO TEACHERS AND PROGRAMS IN THE SNOHOMISH SCHOOL DISTRICT FOR SPECIAL PROJECTS IN THE CLASSROOM TO ENHANCE THE LEARNING OPPORTUNITIES OF STUDENTS.

Program 3

Expenses: $80,536

THE SNOHOMISH EDUCATION FOUNDATION GAVE $66,000 TO THE SNOHOMISH SCHOOL DISTRICT FOR DISTRICT-WIDE SUMMER PROGRAMS, LIKE THE SUMMER ACADEMY SCHOOL FOR ELEMENTARY STUDENTS, THE CREDIT RECOVERY PROGRAM FOR HIGH SCHOOL STUDENTS, AND TO HELP KEEP THE LIBRARIES OPEN THROUGHOUT THE SUMMER. NEARLY 300 ELEMENTARY STUDENTS AND OVER 250 HIGH SCHOOL STUDENTS EXPERIENCED DIFFERENT LEARNING PROGRAMS TO HELP BUILD THEIR CONFIDENCE INTO THE NEXT SCHOOL YEAR. NEARLY 200 STUDENTS VISITED LIBRARIES EACH WEEK CHECKING OUT OVER 5,000 BOOKS DURING THE SUMMER MONTHS.

🔒

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 $422,183

Program Service Revenue $0

Investment Income $27,558

Other Revenue $40,872

TOTAL REVENUE $490,613

Expense Breakdown

Grants Paid $398,936

Salaries & Benefits $103,503

Fundraising Expenses $14,645

Program Expenses $486,800

Other Expenses $42,939

TOTAL EXPENSES $545,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$490,613	$581,864	-0.2%
Expenses	$545,378	$469,356	+0.2%
Net Income	$-54,765	$112,508	-1.5%

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

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
KAY DITZENBERGER	PRESIDENT	10.00	Officer Director	$0	$0	$0
EMILY GUILDNER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY WAGGONER	SECRETARY	3.00	Officer Director	$0	$0	$0
MARILYN LEON	TREASURER	2.00	Officer Director	$0	$0	$0
DUSTIN BIRASHK	TRUSTEE	1.00	Director	$0	$0	$0
JEN BOGDEN	TRUSTEE	1.00	Director	$0	$0	$0
KIM HARRISON	TRUSTEE	1.00	Director	$0	$0	$0
DAWN IPSEN	TRUSTEE	1.00	Director	$0	$0	$0
SAM JANKE	TRUSTEE	1.00	Director	$0	$0	$0
TODD LIPKE	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA NOWAK	TRUSTEE	1.00	Director	$0	$0	$0
KEELY REINHARD	TRUSTEE	3.00	Director	$0	$0	$0
ROBIN STEFANSON	TRUSTEE	10.00	Director	$0	$0	$0
STEVEN THOMAS	TRUSTEE	1.00	Director	$0	$0	$0
DON WALLER	TRUSTEE	1.00	Director	$0	$0	$0
MAL HARDING	TRUSTEE	2.00	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	No data	No data	No data	No data
2023	$490,613	$545,378	$1,749,624	$-54,765
2022	$581,864	$469,356	$1,666,786	$112,508
2021	$615,656	$380,219	$1,773,384	$235,437
2020	$360,409	$379,326	$1,050,482	$-18,917