PADILLA BAY FOUNDATION

EIN: 911401169 501(c)(3)

Mount Vernon, WA

Total Revenue
$180,950
Total Expenses
$179,954
Total Assets
$437,799
Net Assets
$409,817
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
WA
Principal Officer
Leah Rice
Phone
3607573234
Tax Period
2024-07-01 to 2025-06-30

PADILLA BAY FOUNDATION, founded in 1987, is a small nonprofit that reported $181K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Net assets of $410K represent 27 months of operating reserves.

Mission

The Organization's mission is to provide support to enhance, implement and sustain the programs and projects of the Padilla Bay National Estuarine Research Reserve, including educational programs, scientific research, interpretive programs and capital development projects. The Padilla Bay National Estuarine Research Reserve preserves the Padilla Bay Estuary through education and research.

Program Service Accomplishments

Program 1
Expenses: $13,129 Revenue: $12,596

OSPI Teacher Workshop and Professional Development Grant: PBF manages the funds for a grant from the ClimeTime Initiative provided by Washington State Office of Superintendent of Public Schools...

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OSPI Teacher Workshop and Professional Development Grant: PBF manages the funds for a grant from the ClimeTime Initiative provided by Washington State Office of Superintendent of Public Schools (OSPI). With this grant Padilla Bay National Estuarine Research Reserve (PBNERR) staff provide professional development workshops for middle and high school teachers that focuses on environmental science, climate and data literacy, and ocean acidification. The workshops are based national Next Generation Science Standards (NGSS) and train teachers to develop and implement science based lessons that incorporate monitoring data from state and national real-time observation networks. The grant funds the workshop staff, curriculum materials, logistic and a small stipend for teachers once they implement their learnings into their classroom teaching. The Padilla Bay Reserve ClimeTime workshops have engaged hundreds of teachers since 2018, and indirectly served thousands of students through this work.

Program 2
Expenses: $13,614 Revenue: $7,500

General Education: The Padilla Bay Foundation (PBF) supports the educational programs offered by staff of the Padilla Bay Reserve. Through the General Education Fund, PBF covers education interns...

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General Education: The Padilla Bay Foundation (PBF) supports the educational programs offered by staff of the Padilla Bay Reserve. Through the General Education Fund, PBF covers education interns, the costs of bussing for local schools and educational materials. The Reserve staff and interns offer educational programs on natural history and environmental topics for school groups, children, families, and adults. In addition, the Breazeale Interpretive Center features interactive exhibits, saltwater aquariums, and classrooms for learning about the Salish Sea and the unique salt grass estuary of Padilla Bay.

Program 3
Expenses: $1,728 Revenue: $2,500

Youth Earth Summit: PBF manages the finances for Youth Earth Summit, an annual regional youth gathering at the Padilla Bay National Estuarine Research Reserve where over 50 high school students...

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Youth Earth Summit: PBF manages the finances for Youth Earth Summit, an annual regional youth gathering at the Padilla Bay National Estuarine Research Reserve where over 50 high school students explore creative solutions for climate change. This annual gathering brings together passionate young environmentalists to develop action plans for themselves, their schools, and their communities to ensure the health and safety of our planet. This year's program included an engaging workshop using virtual reality technology to take students on an underwater adventure and connect them with the marine food web in an unforgettable, hands- on way.

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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 (2024)

Revenue Breakdown

Contributions & Grants $121,764
Program Service Revenue $36,740
Investment Income $19,851
Other Revenue $2,595
TOTAL REVENUE $180,950

Expense Breakdown

Grants Paid $20,549
Salaries & Benefits $52,918
Fundraising Expenses $3,790
Program Expenses $67,524
Other Expenses $106,487
TOTAL EXPENSES $179,954

Year-over-Year Comparison

2024 2023 Change
Revenue $180,950 $230,963 -0.2%
Expenses $179,954 $206,233 -0.1%
Net Income $996 $24,730 -1.0%
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
11
Independent Members
11
Employees
3
Volunteers
35

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
4
$0
Total Directors
8
$0
Key Employees
1
$48,236
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Mae Hardt Administrative Officer 30
Key Emp
$48,236 $0 $48,236
Hollie Del Vecchio Director 1
Director
$0 $0 $0
Paola Macias Vargas Director 1
Director
$0 $0 $0
Dennis Parent Director 1
Director
$0 $0 $0
Candace Smith Director 1
Director
$0 $0 $0
Laura Schumacher Secretary 1
Officer Director
$0 $0 $0
Gail Smith Vice President 1
Officer Director
$0 $0 $0
Mindy Mejia Director 1
Director
$0 $0 $0
Susan Wood Director 1
Director
$0 $0 $0
Leah Rice President 2
Officer
$0 $0 $0
Charles Simenstad Treasurer 2
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
2025 $180,950 $179,954 $437,799 $996
2024 $230,963 $206,233 $440,608 $24,730
2023 $308,942 $242,660 $382,693 $66,282
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