WHATCOM COMMUNITY COLLEGE FOUNDATION (EIN 943064448) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

BRUCE BURPEE

Phone

3603833320

Tax Period

2024-07-01 to 2025-06-30

WHATCOM COMMUNITY COLLEGE FOUNDATION, founded in 1987, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $1.6M left a modest 12% surplus.

Mission

PROMOTE, SUPPORT, DEVELOP, INCREASE, AND EXTEND THE EDUCATIONAL OFFERINGS OF WHATCOM COMMUNITY COLLEGE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $561,245

Program Service Revenue $781,173

Investment Income $418,501

Other Revenue $13,000

TOTAL REVENUE $1,773,919

Expense Breakdown

Grants Paid $674,200

Salaries & Benefits $0

Fundraising Expenses $37,524

Program Expenses $1,321,155

Other Expenses $880,902

TOTAL EXPENSES $1,555,102

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,773,919	$2,130,841	-0.2%
Expenses	$1,555,102	$1,035,311	+0.5%
Net Income	$218,817	$1,095,530	-0.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

111

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL THORNTON	CHAIR	5.00	Officer Director	$0	$0	$0
CAROLYN SIMPSON SCOTT	CO-CHAIR	5.00	Officer Director	$0	$0	$0
BOB MACISAAC	VICE CHAIR	5.00	Officer Director	$0	$0	$0
BRUCE BURPEE	TREASURER	5.00	Officer Director	$0	$0	$0
BOB CARMICHAEL	SECRETARY	5.00	Officer Director	$0	$0	$0
BEVERLY JACOBS	AT-LARGE	1.00	Director	$0	$0	$0
TIM DOUGLAS	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER SLATTERY	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAN POOVARODOM	BOARD MEMBER	1.00	Director	$0	$0	$0
ALLEN PEMBERTON	BOARD MEMBER	1.00	Director	$0	$0	$0
SHAWN KEMP	BOARD MEMBER	1.00	Director	$0	$0	$0
JAIR FURNAS	BOARD MEMBER	1.00	Director	$0	$0	$0
RUSSELL SHERIF	BOARD MEMBER	1.00	Director	$0	$0	$0
STACEY CARROLL	BOARD MEMBER	1.00	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
2025	$1,773,919	$1,555,102	$20,856,552	$218,817
2024	No data	No data	No data	No data
2023	$1,411,664	$1,071,021	$19,745,645	$340,643
2022	$2,121,415	$1,017,732	$18,041,959	$1,103,683
2021	$1,366,381	$1,139,407	$18,014,975	$226,974
2020	$1,908,834	$1,255,192	$16,490,330	$653,642
2019	$2,174,687	$1,175,419	$16,748,429	$999,268

WHATCOM COMMUNITY COLLEGE FOUNDATION