COLUMBIA BASIN FOUNDATION

EIN: 911733104 501(c)(3) Human Services

EPHRATA, WA

Total Revenue
$4,787,938
Total Expenses
$3,011,647
Total Assets
$18,468,938
Net Assets
$18,444,197
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
WA
Principal Officer
DAVID THOMSEN
Phone
5097544596
Tax Period
2024-01-01 to 2024-12-31

COLUMBIA BASIN FOUNDATION, founded in 1996, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2024. Revenue surged 131% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 37% operating margin.

Mission

COLUMBIA BASIN FOUNDATION IS A COMMUNITY FOUNDATION WITH A COLLECTION OF PERMANENT CHARITABLE FUNDS SUPPORTED BY A WIDE RANGE OF DONORS FOR THE PURPOSE OF STRENGTHENING THE COMMUNITY FOR THE BENEFIT OF ALL CITIZENS. THE FOUNDATION IS COMMITTED TO: ASSIST DONORS TO CREATE CHARITABLE FUNDS AND TO DISTRIBUTE PROCEEDS THEREFROM IN ACCORDANCE WITH DONOR'S INTENTS, BE A RESPONSIBLE STEWARD OF THOSE RESOURCES, USE DISCRETIONARY GRANT FUNDS WISELY TO MEET COMMUNITY NEEDS, AND BE A CONSTRUCTIVE CATALYST IN THE PHILANTHROPIC COMMUNITY TO IDENTIFY PROBLEMS AND OPPORTUNITIES, AND TO SHAPE EFFECTIVE RESPONSES TO THEM.

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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 $3,943,844
Program Service Revenue $0
Investment Income $844,094
Other Revenue $0
TOTAL REVENUE $4,787,938

Expense Breakdown

Grants Paid $1,967,778
Salaries & Benefits $291,313
Fundraising Expenses $50,396
Program Expenses $2,750,665
Other Expenses $752,556
TOTAL EXPENSES $3,011,647

Year-over-Year Comparison

2024 2023 Change
Revenue $4,787,938 $2,072,327 +1.3%
Expenses $3,011,647 $1,929,721 +0.6%
Net Income $1,776,291 $142,606 +11.5%
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
10
Independent Members
10
Employees
4
Volunteers
80

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
6
$185,100
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID THOMSEN PRESIDENT 1.00
Officer Director
$0 $0 $0
JAMES SHANK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
HARALD DILLING SECRETARY 1.00
Officer Director
$0 $0 $0
JEAN FRAZIER TREASURER 1.00
Officer Director
$0 $0 $0
WENDY MICKELSEN BOARD MEMBER 1.00
Director
$0 $0 $0
LYNDA BOWERS BOARD MEMBER 1.00
Director
$0 $0 $0
TOM OVERCAST BOARD MEMBER 1.00
Director
$0 $0 $0
TOM MONCRIEF BOARD MEMBER 1.00
Director
$0 $0 $0
ANNETTE LOVITT BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN REAGAN BOARD MEMBER 1.00
Director
$0 $0 $0
CORINNE ISAAK EXECUTIVE DIRECTOR 40.00
Officer
$95,000 $2,700 $97,700
JACQUIE HUNT FINANCE DIRECTOR 40.00
Officer
$85,000 $2,400 $87,400
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 $4,787,938 $3,011,647 $18,468,938 $1,776,291
2023 $2,072,327 $1,929,721 $15,507,980 $142,606
2022 $5,637,669 $3,342,590 $13,816,979 $2,295,079
2021 $2,681,169 $1,432,613 $13,608,358 $1,248,556
2020 $2,259,760 $1,021,452 $11,670,599 $1,238,308
2019 $1,329,348 $1,472,719 $9,641,374 $-143,371
2018 $744,701 $778,900 $8,515,178 $-34,199
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