Pacific Northwest Economic Region Foundation

EIN: 911599098

Seattle, WA

Total Revenue
$2,614,305
Total Expenses
$2,611,866
Total Assets
$1,901,931
Net Assets
$965,612
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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
1991
Legal Domicile
WA
Principal Officer
Matthew Morrison
Phone
2064437723
Tax Period
2023-10-01 to 2024-09-30

Pacific Northwest Economic Region Foundation, founded in 1991, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

To increase the economic well-being and quality of life for all citizens of the region; to coordinate provincial, territorial, and state policies throughout the region; to identify and promote "models of success and to serve as a conduit to exchange information.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,353,864
Program Service Revenue $211,248
Investment Income $4,194
Other Revenue $44,999
TOTAL REVENUE $2,614,305

Expense Breakdown

Grants Paid $150
Salaries & Benefits $1,306,714
Fundraising Expenses $0
Other Expenses $1,305,002
TOTAL EXPENSES $2,611,866

Year-over-Year Comparison

2023 2022 Change
Revenue $2,614,305 $2,860,471 -0.1%
Expenses $2,611,866 $2,761,776 -0.1%
Net Income $2,439 $98,695 -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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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
11
Independent Members
10
Employees
15
Volunteers
10

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
8
$335,184
Total Directors
13
$157,887
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brandon Hardenbrook COO & Treasurer 40.00
Officer
$144,894 $32,403 $177,297
Matthew Morrison CEO & Secretary 40.00
Officer Director
$139,657 $18,230 $157,887
Bruce Agnew Director, RIA 40.00
$103,000 $5,150 $108,150
Rick Glumac President 1.00
Officer Director
$0 $0 $0
Cindy Ryu Vice President 1.00
Officer Director
$0 $0 $0
DeLena Johnson Vice President 1.00
Officer Director
$0 $0 $0
Sandy Silver Vice President 1.00
Officer Director
$0 $0 $0
Ken Francis Vice President 1.00
Officer Director
$0 $0 $0
Britt Raybould Vice President 1.00
Officer Director
$0 $0 $0
Lew Frederick Director 1.00
Director
$0 $0 $0
Shane Getson Director 1.00
Director
$0 $0 $0
Mike Cuffe Director 1.00
Director
$0 $0 $0
Chuck Winder Director 1.00
Director
$0 $0 $0
Caroline Wawzonek Director 1.00
Director
$0 $0 $0
Travis Keisig Director 1.00
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
2024 $2,614,305 $2,611,866 $1,901,931 $2,439
2023 $2,860,471 $2,761,776 $1,330,967 $98,695
2022 $2,551,763 $2,487,367 $1,272,800 $64,396
2021 $1,286,310 $1,266,039 $1,212,172 $20,271
2020 $931,040 $1,052,585 $1,027,343 $-121,545
2019 $1,621,570 $1,571,296 $951,376 $50,274
2018 $1,708,790 $1,636,090 $951,959 $72,700
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