ELLENSBURG BUSINESS DEVELOPMENT AUT

EIN: 911646984

ELLENSBURG, WA

Total Revenue
$187,499
Total Expenses
$296,055
Total Assets
N/A
Net Assets
N/A
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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
1994
Legal Domicile
WA
Principal Officer
GARRETT POSHUSTA
Phone
5099627204
Tax Period
2024-01-01 to 2024-12-31

ELLENSBURG BUSINESS DEVELOPMENT AUT, founded in 1994, is a small nonprofit that reported $187K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $296K exceeded revenue, resulting in a 58% operating deficit.

Mission

IN PARTNERSHIP WITH PUBLIC AND PRIVATE BUSINESS, THE ELLENSBURG BUSINESS DEVELOPMENT AUTHORITY DEVELOPS AND MANAGES FACILITIES AND PROVIDES SERVICES WHICH STIMULATE PRIVATE JOB CREATION AND COMMERCE FOR THE CITY OF ELLENSBURG.

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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 $112,111
Program Service Revenue $66,850
Investment Income $6,910
Other Revenue $1,628
TOTAL REVENUE $187,499

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,806
Fundraising Expenses $0
Program Expenses $28,169
Other Expenses $176,249
TOTAL EXPENSES $296,055

Year-over-Year Comparison

2024 2023 Change
Revenue $187,499 $356,916 -0.5%
Expenses $296,055 $398,271 -0.3%
Net Income $-108,556 $-41,355 +1.6%
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
9
Independent Members
9
Employees
1
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
5
$110,769
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTINE MILLER EXECUTIVE DI 40.00
Officer
$110,769 $0 $110,769
DEL BANKSTON SECRETARY N/A
Officer Director
$0 $0 $0
ANDREAS BOHMAN VICE CHAIR N/A
Officer Director
$0 $0 $0
GRANT CLARK TREASURER N/A
Officer Director
$0 $0 $0
JAMES JANKOWSKI DIRECTOR N/A
Director
$0 $0 $0
JENNIFER LUBANSKI DIRECTOR N/A
Director
$0 $0 $0
JOHN PERRIE DIRECTOR N/A
Director
$0 $0 $0
GARRETT POSHUSTA CHAIR N/A
Officer Director
$0 $0 $0
BOB RAPP DIRECTOR N/A
Director
$0 $0 $0
JARED VALLEJO DIRECTOR N/A
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 $187,499 $296,055 No data $-108,556
2023 $356,916 $398,271 $700,397 $-41,355
2022 $230,697 $223,345 $747,509 $7,352
2021 $264,234 $226,877 $732,621 $37,357
2020 $191,643 $147,472 $694,940 $44,171
2019 $194,615 $120,601 $678,820 $74,014
2018 $143,653 $72,069 $599,129 $71,584
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