SKAGIT GLEANERS (EIN 943065925) - 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

1988

Legal Domicile

Principal Officer

RICK PROSSER

Phone

3608481045

Tax Period

2024-01-01 to 2024-12-31

SKAGIT GLEANERS, founded in 1988, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

FOOD RECOVERY FOR LOW INCOME FAMILIES OVER 600 FAMILIES SERVED

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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 $4,347,532

Program Service Revenue $0

Investment Income $6,608

Other Revenue $0

TOTAL REVENUE $4,354,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $273,321

Fundraising Expenses $0

Program Expenses $4,104,028

Other Expenses $164,784

TOTAL EXPENSES $4,267,584

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,354,140	$3,838,127	+0.1%
Expenses	$4,267,584	$4,464,080	0.0%
Net Income	$86,556	$-625,953	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

500

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
MORGAN CURRY	EXECUTIVE DIRECTOR	40.00	Highest	$96,750	$0	$96,750
GLORIA LEMUS MENDEZ	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
GLENDA HERRERA	DIRECTOR	1.00	Director	$0	$0	$0
HANNAH OLIVER	N/A	1.00	Director	$0	$0	$0
SANDY CORBIN	VICE CHAIR	1.00	Officer	$0	$0	$0
RON WESEN	TREASURER	1.00	Officer	$0	$0	$0
RICK PROSSER	CHAIR	1.00	Officer	$0	$0	$0
LAURA HARTNER	SECRETARY	2.00	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	No data	No data	No data	No data
2024	$4,354,140	$4,267,584	$569,563	$86,556
2023	$3,838,127	$4,464,080	$474,756	$-625,953
2022	$4,011,965	$4,224,109	$1,099,319	$-212,144
2021	$1,224,982	$217,032	$1,307,587	$1,007,950
2020	$228,730	$200,968	$301,236	$27,762

SKAGIT GLEANERS