SEABECK CONFERENCE CENTER

EIN: 916011617 501(c)(3) Religion

SEABECK, WA

Total Revenue
$2,620,270
Total Expenses
$2,702,207
Total Assets
$7,580,535
Net Assets
$4,696,433
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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
1936
Legal Domicile
WA
Principal Officer
CHARLES KRAINING
Phone
3608305010
Tax Period
2023-01-01 to 2023-12-31

SEABECK CONFERENCE CENTER, founded in 1936, is a community nonprofit in the Religion sector that reported $2.6M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

CONFERENCE FACILITY OPERATION

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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 $216,973
Program Service Revenue $2,380,511
Investment Income $22,786
Other Revenue $0
TOTAL REVENUE $2,620,270

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,218,430
Fundraising Expenses $13,348
Program Expenses $2,480,497
Other Expenses $1,483,777
TOTAL EXPENSES $2,702,207

Year-over-Year Comparison

2023 2022 Change
Revenue $2,620,270 $2,233,426 +0.2%
Expenses $2,702,207 $2,193,971 +0.2%
Net Income $-81,937 $39,455 -3.1%
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
12
Independent Members
12
Employees
67
Volunteers
N/A

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
8
$232,402
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BERK TAMI TRUSTEE 0.50
Director
$0 $0 $0
BISHOP JOHN PRESIDENT (SECOND HALF) 0.50
Officer Director
$0 $0 $0
KRAINING CHARLES EXECUTIVE DIRECTOR 40.00
Officer
$110,748 $22,001 $132,749
TESCH GLORIA ADMINISTRATOR 40.00
Officer
$91,736 $7,917 $99,653
CANCRO KATE TRUSTEE 0.50
Director
$0 $0 $0
DILON KRISTIN TRUSTEE 0.50
Director
$0 $0 $0
HESTERBERG BEV SECRETARY (FIRST HALF) 0.50
Officer Director
$0 $0 $0
KOERGER ALEX TRUSTEE 0.50
Director
$0 $0 $0
MAGEE TONI TRUSTEE 0.50
Director
$0 $0 $0
MARCUS ARNIE VICE PRESIDENT (FIRST HALF) 0.50
Officer Director
$0 $0 $0
MORRIS SEAN SECRETARY (SECOND HALF) 0.50
Officer Director
$0 $0 $0
PECK JULIE PRESIDENT (FIRST HALF) VICE PRESIDENT (SECOND HALF 0.50
Officer Director
$0 $0 $0
SHERMAN GWEN TREASURER 0.50
Officer Director
$0 $0 $0
STEINMANN BOB TRUSTEE 0.50
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
2024 No data No data No data No data
2023 $2,620,270 $2,702,207 $7,580,535 $-81,937
2022 $2,233,426 $2,193,971 $7,956,079 $39,455
2021 $1,648,729 $1,344,549 $8,634,515 $304,180
2020 $831,524 $1,338,185 $7,093,195 $-506,661
2019 $2,866,268 $2,123,609 $6,547,679 $742,659
2018 $2,747,181 $2,060,425 $5,098,687 $686,756
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