CASCADIA TECHNICAL ACADEMY FOUNDATION

EIN: 911530644 501(c)(3) Education

VANCOUVER, WA

Total Revenue
$1,647,908
Total Expenses
$1,249,798
Total Assets
$1,307,903
Net Assets
$1,133,209
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
WA
Principal Officer
DAVE COLE
Tax Period
2024-01-01 to 2024-12-31

CASCADIA TECHNICAL ACADEMY FOUNDATION, founded in 1991, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $398K, a strong 24% operating margin.

Mission

STUDENTS TO DEVELOP COMPETITIVE KNOWLEDGE AND SKILLS FOR LEARNING, CAREER AND LIFE.

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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 $1,438,351
Program Service Revenue $0
Investment Income $0
Other Revenue $209,557
TOTAL REVENUE $1,647,908

Expense Breakdown

Grants Paid $1,087,941
Salaries & Benefits $131,940
Fundraising Expenses $0
Program Expenses $1,092,252
Other Expenses $29,917
TOTAL EXPENSES $1,249,798

Year-over-Year Comparison

2024 2023 Change
Revenue $1,647,908 $925,791 +0.8%
Expenses $1,249,798 $803,303 +0.6%
Net Income $398,110 $122,488 +2.3%
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
1
Independent Members
15
Employees
2
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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASEY ANDERSON BOARD CHAIR 2.50
Officer Director
$0 $0 $0
DAVE BLANCHARD DIRECTOR 2.50
Officer Director
$0 $0 $0
LANCE BARRETT DIRECTOR 2.50
Director
$0 $0 $0
JOE CURRIE DIRECTOR 2.50
Director
$0 $0 $0
SHANE BOWMAN DIRECTOR 2.50
Director
$0 $0 $0
SHARIF BURDZIK DIRECTOR 2.50
Director
$0 $0 $0
JAKE JOHNSON DIRECTOR 2.50
Director
$0 $0 $0
JASON JOYCE DIRECTOR 2.50
Director
$0 $0 $0
TRACEY MALONE DIRECTOR 2.50
Director
$0 $0 $0
NANCY NUNN DIRECTOR 2.50
Director
$0 $0 $0
JOAN HUSTON DIRECTOR 2.50
Director
$0 $0 $0
AD SIMMONS DIRECTOR 2.50
Director
$0 $0 $0
CHRIS VAN DINTER DIRECTOR 2.50
Director
$0 $0 $0
JIM WEST DIRECTOR 2.50
Officer Director
$0 $0 $0
DAVID R COLE EXECUTIVE DIRECTOR 40.00
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 $1,647,908 $1,249,798 $1,307,903 $398,110
2023 $925,791 $803,303 $1,265,401 $122,488
2022 $279,712 $292,270 $952,583 $-12,558
2021 $187,193 $191,595 $803,446 $-4,402
2020 $290,836 $232,484 $846,347 $58,352
2019 $346,799 $200,452 $789,615 $146,347
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