Bellingham, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bellingham Technical College Foundation, founded in 1998, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $535K, a strong 22% operating margin.
Change lives by expanding access to quality education for the students of Bellingham Technical College.
The Foundation removes financial barriers for students, supports faculty professional development opportunities, enhances the college's academic programs and other campus services, including: the...
The Foundation removes financial barriers for students, supports faculty professional development opportunities, enhances the college's academic programs and other campus services, including: the Veteran's Center, Food Pantry, DEI, TRIO, Child and Family Services, Running Start, Outreach, and the Library.The Foundation provided the following amounts to support its mission: student academic scholarships and emergency funding of $1,159,658, professional development for faculty of $10,122, academic program enhancements and campus service support (including equipment, computers, software, vehicles and vehicle parts) of $529,790, donated program equipment of $93,269, and other of $26,760.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,460,404 | $2,429,144 | +0.0% |
| Expenses | $1,925,752 | $1,877,813 | +0.0% |
| Net Income | $534,652 | $551,331 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Lin Nelson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| David Blair | Board Emeritus | 1.00 |
Director
|
$0 | $0 | $0 |
| August DeLuca | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mike Burke | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Debbie Granger | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Bernadino Garcia | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| James Lemerond | Board Ex Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Walter Michelutti | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mike Morse | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Celina Phair | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Russ Whidbee | Board Emeritus | 1.00 |
Director
|
$0 | $0 | $0 |
| Manuel Pacheco | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Perry Herrick | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rob Hope | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tiffany Blair | Board President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Norm Vigre | Board Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Crystal Greear | Board Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lance Calloway | Board Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dean Fulton | Foundation Director | 40.00 |
Officer
|
$113,250 | $58,611 | $171,861 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,460,404 | $1,925,752 | $9,630,209 | $534,652 |
| 2024 | $2,429,144 | $1,877,813 | $8,128,446 | $551,331 |
| 2023 | $2,552,119 | $1,326,339 | $7,302,523 | $1,225,780 |
| 2022 | $1,156,342 | $554,851 | $5,243,801 | $601,491 |
| 2021 | $1,206,285 | $911,839 | $5,539,236 | $294,446 |
| 2020 | $926,034 | $856,854 | $4,211,024 | $69,180 |
| 2019 | $1,359,727 | $894,193 | $4,130,123 | $465,534 |
Compare Bellingham Technical College Foundation with other nonprofits in Washington and across the country.