UNIVERSITY PLACE LATCHKEY INC

EIN: 911495547 501(c)(3) Education

UNIVERSITY PL, WA

Total Revenue
$1,255,061
Total Expenses
$1,246,960
Total Assets
$526,253
Net Assets
$526,253
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
WA
Principal Officer
Carmen VanSoest
Phone
2535644234
Tax Period
2025-01-01 to 2025-12-31

UNIVERSITY PLACE LATCHKEY INC, founded in 1990, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

University Place Latchkey Inc. provides before and after school childcare.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,255,012
Investment Income $49
Other Revenue $0
TOTAL REVENUE $1,255,061

Expense Breakdown

Grants Paid $0
Salaries & Benefits $985,916
Fundraising Expenses $0
Program Expenses $1,246,960
Other Expenses $261,044
TOTAL EXPENSES $1,246,960

Year-over-Year Comparison

2025 2024 Change
Revenue $1,255,061 $1,064,265 +0.2%
Expenses $1,246,960 $1,029,821 +0.2%
Net Income $8,101 $34,444 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
35
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carmen VanSoest Director 0.00
Director
$0 $0 $0
Patricia Lewis Director 0.00
Director
$0 $0 $0
Amy Natali Director 0.00
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 $1,255,061 $1,246,960 $526,253 $8,101
2024 $1,064,265 $1,029,821 $518,152 $34,444
2023 $877,149 $859,017 $483,708 $18,132
2022 $1,016,893 $762,026 $465,576 $254,867
2021 $565,372 $562,084 $210,709 $3,288
2020 $388,360 $509,785 $207,421 $-121,425
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