Spokane, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Spokane Area Business Foundation, founded in 1996, is a micro nonprofit in the Community Improvement sector that reported $79K in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $277K exceeded revenue, resulting in a 249% operating deficit.
The purpose of the Spokane Area Business Foundation is to advance the quality of life in the greater Spokane region by building support for programs that strengthen education, develop civic leadership, support cultural diversity, improve economic and community research, and build civic capital.
Believe Spokane is a five-year campaign to increase economic vitality with a focus on economic development and talent attraction and retention focused on growth, equity, and agility.
Operation Spokane Heroes: Volunteer Committee identifies and fulfills needs of veterans based upon referrals from other organizations that provide services to veterans.
As part of the mission to support education and community research, Spokane Area Business Foundation occasionally holds events. No events were held in 2024.
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 | $79,356 | $680,248 | -0.9% |
| Expenses | $276,588 | $97,507 | +1.8% |
| Net Income | $-197,232 | $582,741 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| Alisha Benson | CEO & Director | 1.00 |
Officer
Director
|
$0 | $27,509 | $254,684 |
| Stacey Cowles | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charlotte Nemec | Chair-elect | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dan Demchuk | Secretary/Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Carla Cicero | Past Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| William Symmes | General Counsel | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $79,356 | $276,588 | $1,179,208 | $-197,232 |
| 2023 | $680,248 | $97,507 | $843,025 | $582,741 |
| 2022 | $272,835 | $69,804 | $583,779 | $203,031 |
| 2021 | $60,794 | $51,106 | $385,546 | $9,688 |
| 2020 | $92,911 | $81,414 | $352,820 | $11,497 |
| 2019 | $125,567 | $53,315 | $367,628 | $72,252 |
| 2018 | $138,526 | $153,017 | $390,251 | $-14,491 |
Compare Spokane Area Business Foundation with other nonprofits in Washington and across the country.