Sequim Education Foundation (EIN 912122290) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Phil Trowbridge

Phone

3606803061

Tax Period

2024-07-01 to 2025-06-30

Sequim Education Foundation, founded in 2001, is a small nonprofit in the Education sector that reported $180K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $53K, a strong 29% operating margin.

Mission

To be a catalyst for vibrant growth of each student in the Sequim School District.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $114,440

Program Service Revenue $0

Investment Income $65,708

Other Revenue $0

TOTAL REVENUE $180,148

Expense Breakdown

Grants Paid $63,092

Salaries & Benefits $27,546

Fundraising Expenses $0

Program Expenses $63,092

Other Expenses $36,388

TOTAL EXPENSES $127,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$180,148	$1,070,507	-0.8%
Expenses	$127,026	$132,781	0.0%
Net Income	$53,122	$937,726	-0.9%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

$35,040

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jessica Elliott	Exec Director	20.00	Key Emp	$30,000	$0	$30,000
Lauren Denton	Exec Director	20.00	Key Emp	$5,040	$0	$5,040
Elna Kawal	Scholarships	5.00	Director	$0	$0	$0
Allison Lotzgesell	Scholarships	5.00	Director	$0	$0	$0
Sarah Thorson	Scholarships	5.00	Director	$0	$0	$0
Maren Halvorsen	Director	5.00	Director	$0	$0	$0
Melany Grogan	Director	5.00	Director	$0	$0	$0
James Shingleton	Director	5.00	Director	$0	$0	$0
Maria Zdzieblowski	Director	5.00	Director	$0	$0	$0
Phil Trowbridge	President	5.00	Officer	$0	$0	$0
Glenn Beach	Treasurer	5.00	Officer	$0	$0	$0
Jody Spivey	Vice Presid - Teach Grants	5.00	Officer	$0	$0	$0
Ed Koszykowski	Secretary	5.00	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
2025	$180,148	$127,026	$2,750,354	$53,122
2024	$1,070,507	$132,781	$2,523,355	$937,726
2023	$93,513	$125,210	$1,472,092	$-31,697
2022	$160,770	$112,991	$1,412,932	$47,779
2021	$241,603	$105,537	$1,689,847	$136,066
2020	$109,875	$94,352	$1,335,084	$15,523
2019	$124,513	$104,586	$1,347,091	$19,927

Sequim Education Foundation