KIDVANTAGE

EIN: 911617032 501(c)(3) Human Services

Issaquah, WA

Total Revenue
$7,805,166
Total Expenses
$7,168,915
Total Assets
$4,563,748
Net Assets
$4,124,892
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
WA
Principal Officer
Jack Edgerton
Phone
4258650234
Tax Period
2024-01-01 to 2024-12-31

KIDVANTAGE, founded in 1994, is a community nonprofit in the Human Services sector that reported $7.8M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $7.2M left a modest 8% surplus.

Mission

KidVantage helps kids be safe, nourished, and healthy by providing diapers, formula, car seats, clothing, and more. KidVantage protects and promotes healthy development for kids (through age 12) by collecting, purchasing, and distributing free essentials through a network of human service, educational, or health providers who are working with kids and families. We strengthen families, build resiliency in children, reduce inequities, and create stronger communities with a mission of helping kids reach their full potential tomorrow by meeting basic needs today. Research shows that providing children the right ingredients for healthy development - emphasizing protective factors that can counterbalance the effects of adversity- from the start produces better outcomes than trying to fix problems later. Our strength comes from deep community participation, through volunteering, donating goods and social connections.

Program Service Accomplishments

Program 1
Expenses: $6,393,176 Revenue: $0

KidVantage provides basic health, safety, nutritional and comfort items for babies and children (birth through age 12), and expectant mothers, who are living within our area of operations and are...

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KidVantage provides basic health, safety, nutritional and comfort items for babies and children (birth through age 12), and expectant mothers, who are living within our area of operations and are currently participating in a program within our network of agency partners. In service to our mission and strategic directions, KidVantage supported 78 active agency partners in 2024, including early learning centers, food banks, housing, maternal & infant health programs, medical services, and schools. The tangible assistance provided by KidVantage means kids have their nutrition, health, safety, and development needs met, promoting and protecting developing minds and bodies. At no cost to families or to our agency partners, we supply formula, diapers, hygiene items, clothing, car seats, beds, school supplies, and more. After three decades of service, KidVantage is the community's acknowledged expert in recycling, buying, and distributing essential goods for children experiencing poverty, homelessness, or family disruption. KidVantage takes in donations of children's clothing and goods from the community at locations in Issaquah and Shoreline in King County and Bremerton in Kitsap County and purchases critical and consumable goods, including baby food, formula, car seats, pack n' play beds, and diapers. All items are then sorted and bundled into customized orders by staff or volunteers and distributed through partner-providers such as case managers, public health nurses, and school counselors to families in their programs. Through this network of programs, over 3,000 children (unduplicated) each month get the essentials they need for healthy development. During 2024, families accessed KidVantage assistance through 256 program sites in King, Snohomish, Kitsap, Mason, and Pierce counties. KidVantage supported 18,033 unduplicated recipients in 2024. Of the 8,798 standard recipient households assisted, 80% of the households were very low/low income, 29% housing insecure, 67% of the children were age 4 and under, 27% identified as Hispanic/Latinx, 20% as Black/African-American, 21% white, 5% Middle Eastern, 7% Asian, 6% as multiracial, 2% each American Indian/Alaskan Native or Native Hawaiian/Pacific Islander, and 8% unknown. In 2024, KidVantage distributed 203 332 product orders of essential goods; the orders included 2,125,709 diapers, 4,444,800 diaper wipes, 7,428 cans of infant formula, 12,475 Big Bundles of clothing to kids, 2,615 car seats, 17,185 pairs of shoes, 39,078 pairs of underwear, and 11,724 baby food meals. Over 5,400 volunteers donated 27,515 hours in 2024.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,857,347
Program Service Revenue $0
Investment Income $43,735
Other Revenue $-95,916
TOTAL REVENUE $7,805,166

Expense Breakdown

Grants Paid $5,486,362
Salaries & Benefits $1,013,330
Fundraising Expenses $434,373
Program Expenses $6,393,176
Other Expenses $669,223
TOTAL EXPENSES $7,168,915

Year-over-Year Comparison

2024 2023 Change
Revenue $7,805,166 $8,505,959 -0.1%
Expenses $7,168,915 $8,902,875 -0.2%
Net Income $636,251 $-396,916 -2.6%
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
18
Independent Members
18
Employees
21
Volunteers
5400

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
$149,999
Key Employees
1
$149,999
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jack Edgerton Executive Director 40
Director Key Emp Highest
$149,999 $0 $149,999
Lani Banning Director 2
Director
$0 $0 $0
Tyronne Madarang Director 2
Director
$0 $0 $0
Susan Corning Director 2
Director
$0 $0 $0
Jessica Nevers Director 2
Director
$0 $0 $0
Kara Durbin Director 2
Director
$0 $0 $0
Kerry Robinson Director 2
Director
$0 $0 $0
Michele Sauer Director 2
Director
$0 $0 $0
Laura Larson Director 2
Director
$0 $0 $0
Kelly Soligon Director 2
Director
$0 $0 $0
Michelle Steffin Director 2
Director
$0 $0 $0
Becky Wall Director 2
Director
$0 $0 $0
Judy Gowdy Past - President 2
Director
$0 $0 $0
Diann Strom Director 2
Director
$0 $0 $0
Diane Kuslich President 2
Officer
$0 $0 $0
Andrew Symons Treasurer 2
Officer
$0 $0 $0
DeAnne Dodson Vice President 2
Officer
$0 $0 $0
Alex Chasin Secretary 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
2024 $7,805,166 $7,168,915 $4,563,748 $636,251
2023 $8,505,959 $8,902,875 $4,023,454 $-396,916
2022 $7,658,913 $7,535,040 $4,553,869 $123,873
2021 $5,842,177 $4,908,581 $3,798,086 $933,596
2020 $5,848,399 $4,959,738 $2,895,267 $888,661
2019 $5,384,808 $4,989,440 $1,974,237 $395,368
2018 $6,268,564 $6,304,184 $1,558,516 $-35,620
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