Seattle Police Foundation

EIN: 912171529 501(c)(3) Crime & Legal

Seattle, WA

Total Revenue
$1,794,918
Total Expenses
$1,712,835
Total Assets
$1,510,172
Net Assets
$1,262,506
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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
2002
Legal Domicile
WA
Principal Officer
CHERIE SKAGER
Phone
2066840373
Tax Period
2023-01-01 to 2023-12-31

Seattle Police Foundation, founded in 2002, is a community nonprofit in the Crime & Legal sector that reported $1.8M in total revenue in fiscal year 2023. Expenses of $1.7M left a modest 5% surplus.

Mission

RAISE SUPPORT AND AWARENESS FOR THE SEATTLE POLICE DEPARTMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,865,049
Program Service Revenue $5,082
Investment Income $3,342
Other Revenue $-78,555
TOTAL REVENUE $1,794,918

Expense Breakdown

Grants Paid $1,020,558
Salaries & Benefits $452,222
Fundraising Expenses $212,840
Program Expenses $1,387,132
Other Expenses $240,055
TOTAL EXPENSES $1,712,835

Year-over-Year Comparison

2023 2022 Change
Revenue $1,794,918 $1,732,452 +0.0%
Expenses $1,712,835 $1,536,368 +0.1%
Net Income $82,083 $196,084 -0.6%
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
35
Independent Members
35
Employees
4
Volunteers
60

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
10
$198,196
Total Directors
35
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERIE SKAGER PRESIDENT AND CEO 40.0
Officer
$180,900 $17,296 $198,196
FRANK STAUFF CHAIR ELECT 2.0
Officer Director
$0 $0 $0
LYNNE HOUSERMAN BOARD CHAIR 4.0
Officer Director
$0 $0 $0
ALAN FORNEY GRANTS CHAIR 2.0
Officer Director
$0 $0 $0
STACEY SANNER COMMUNICATIONS CHAIR 2.0
Officer Director
$0 $0 $0
BONNIE TOWNE BOARD DEVELOPMENT CHAIR 2.0
Officer Director
$0 $0 $0
JEFF WINDUS FINANCE CHAIR 2.0
Officer Director
$0 $0 $0
JIM DERMODY BOARD SECRETARY 2.0
Officer Director
$0 $0 $0
CHARLIE HUBER EXECUTIVE COMMITTEE/PAST CHAIR 2.0
Officer Director
$0 $0 $0
THERESA TRUEX EXEC. COMM./FUNDRAISING CHAIR 2.0
Officer Director
$0 $0 $0
TED BUCK EXECUTIVE COMMITTEE 2.0
Director
$0 $0 $0
MARK PINKOWSKI EXECUTIVE COMMITTEE 2.0
Director
$0 $0 $0
SAM BAKER DIRECTOR 1.0
Director
$0 $0 $0
CARMEN BEST DIRECTOR 1.0
Director
$0 $0 $0
SUZIE BURKE DIRECTOR 1.0
Director
$0 $0 $0
MIKE BURNS DIRECTOR 1.0
Director
$0 $0 $0
JOHN CARLSON DIRECTOR 1.0
Director
$0 $0 $0
RALPH CHIOCCO DIRECTOR 1.0
Director
$0 $0 $0
HOWARD COHEN DIRECTOR 1.0
Director
$0 $0 $0
LIZ DAY DIRECTOR 1.0
Director
$0 $0 $0
DAN EDERER DIRECTOR 1.0
Director
$0 $0 $0
SEAN GREENLEE DIRECTOR 1.0
Director
$0 $0 $0
SPENCER HAWES DIRECTOR 1.0
Director
$0 $0 $0
NICK KING DIRECTOR 1.0
Director
$0 $0 $0
BETH KNOX DIRECTOR 1.0
Director
$0 $0 $0
JEFF KUNINS DIRECTOR 1.0
Director
$0 $0 $0
LAURA LARSON DIRECTOR 1.0
Director
$0 $0 $0
ZACH LASTER-HAZZARD DIRECTOR 1.0
Director
$0 $0 $0
DOUG LO DIRECTOR 1.0
Director
$0 $0 $0
MICHAEL MALONE DIRECTOR 1.0
Director
$0 $0 $0
GARY MCLEAN DIRECTOR 1.0
Director
$0 $0 $0
SCOTT MONGOMERY DIRECTOR 1.0
Director
$0 $0 $0
RYAN REYNOLDS DIRECTOR 1.0
Director
$0 $0 $0
PETER ROSE DIRECTOR 1.0
Director
$0 $0 $0
GREG STEINHAUER DIRECTOR 1.0
Director
$0 $0 $0
JAMES WONG DIRECTOR 1.0
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
2023 $1,794,918 $1,712,835 $1,510,172 $82,083
2022 $1,732,452 $1,536,368 $1,352,989 $196,084
2021 $1,351,850 $1,155,807 $1,234,722 $196,043
2020 $1,287,731 $1,130,936 $1,039,768 $156,795
2019 $1,332,138 $1,298,247 $954,664 $33,891
2018 $1,019,266 $921,975 $785,481 $97,291
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