Ann & Virginia Nitterhouse Foundation

EIN: 911567089 501(c)(3)

Sequim, WA

Total Revenue
$38,934
Total Expenses
$86,392
Total Assets
$996,744
Net Assets
$996,744
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
WA
Principal Officer
Andrea Bekkevar
Phone
3604601305
Tax Period
2023-01-01 to 2023-12-31

Ann & Virginia Nitterhouse Foundation, founded in 1992, is a micro nonprofit that reported $39K in total revenue in fiscal year 2023. Revenue surged 349% from the prior year, signaling strong growth momentum. Expenses of $86K exceeded revenue, resulting in a 122% operating deficit.

Mission

To provide college and vocational school scholarships to graduating seniors from Sequim High School (School District No. 323).

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $38,934
Other Revenue $0
TOTAL REVENUE $38,934

Expense Breakdown

Grants Paid $77,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,000
Other Expenses $9,392
TOTAL EXPENSES $86,392

Year-over-Year Comparison

2023 2022 Change
Revenue $38,934 $8,667 +3.5%
Expenses $86,392 $46,554 +0.9%
Net Income $-47,458 $-37,887 +0.3%
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
8

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cheryl Gray President 0.04
Officer
$0 $0 $0
Sauni Holt Vice President 0.19
Officer
$0 $0 $0
Andrea Bekkevar Treasurer 0.04
Officer
$0 $0 $0
Amanda Bekkever Bd Mem At Large 0.87
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 No data No data No data No data
2024 No data No data No data No data
2023 $38,934 $86,392 $996,744 $-47,458
2022 $8,667 $46,554 $1,001,214 $-37,887
2021 $167,929 $65,201 $1,039,101 $102,728
2020 $58,205 $50,676 $934,294 $7,529
2019 $83,156 $51,798 $926,755 $31,358
2018 $33,187 $65,016 $895,397 $-31,829
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Ann & Virginia Nitterhouse Foundation with other nonprofits in Washington and across the country.