KITSAP COMMUNITY FOUNDATION

EIN: 943205217 501(c)(3) Philanthropy & Grantmaking

SILVERDALE, WA

Total Revenue
$3,127,309
Total Expenses
$2,847,512
Total Assets
$14,854,491
Net Assets
$11,980,360
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
WA
Principal Officer
NAVEEN CHAUDHARY
Phone
3606983622
Tax Period
2023-10-01 to 2024-09-30

KITSAP COMMUNITY FOUNDATION, founded in 1993, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.1M in total revenue in fiscal year 2023. Expenses of $2.8M left a modest 9% surplus.

Mission

: A CATALYST FOR THE GREATER GOOD. WE PARTNER WITH DONORS AND OTHERS TO INVEST IN OUR REGION'S NONPROFIT ORGANIZATIONS TO FOSTER A MORE VIBRANT KITSAP PENINSULA FOR THE BENEFIT OF ALL.

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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 $2,541,228
Program Service Revenue $38,158
Investment Income $537,386
Other Revenue $10,537
TOTAL REVENUE $3,127,309

Expense Breakdown

Grants Paid $2,069,872
Salaries & Benefits $347,100
Fundraising Expenses $22,522
Program Expenses $2,704,279
Other Expenses $430,540
TOTAL EXPENSES $2,847,512

Year-over-Year Comparison

2023 2022 Change
Revenue $3,127,309 $3,067,147 +0.0%
Expenses $2,847,512 $2,953,663 0.0%
Net Income $279,797 $113,484 +1.5%
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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Governance

Voting Members
15
Independent Members
15
Employees
12
Volunteers
90

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
6
$217,646
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID NELSON CHAIR 1.00
Officer Director
$0 $0 $0
NORA MITCHELL TREASURER 1.00
Officer Director
$0 $0 $0
PATTY MURPHY SECRETARY 1.00
Officer Director
$0 $0 $0
THOMAS ZWOLFER VICE CHAIR 1.00
Officer Director
$0 $0 $0
ASHLEY OAKSMITH BOARD MEMBER 1.00
Director
$0 $0 $0
WALT DRAPER BOARD MEMBER 1.00
Director
$0 $0 $0
SUZANNE KEEL-ECKMANN BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
MARGEE DUNCAN BOARD MEMBER 1.00
Director
$0 $0 $0
BILL BENSON BOARD MEMBER 1.00
Director
$0 $0 $0
RICK DARROW BOARD MEMBER 1.00
Director
$0 $0 $0
HARRIETTE BRYANT BOARD MEMBER 1.00
Director
$0 $0 $0
BECKY JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
ALJOYLYNN SPERBER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID DE BRUYN BOARD MEMBER 1.00
Director
$0 $0 $0
TINA O'BRIEN PRESIDENT & CEO 40.00
Officer
$150,000 $15,000 $165,000
SHAINE SCHRAMLING PRIOR FUNDS & GRANTS OFFICER 35.00
Officer
$51,614 $1,032 $52,646
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 $3,127,309 $2,847,512 $14,854,491 $279,797
2023 $3,067,147 $2,953,663 $12,726,631 $113,484
2022 $2,876,356 $3,159,274 $12,990,870 $-282,918
2021 $3,460,856 $2,583,308 $16,018,522 $877,548
2020 $3,533,899 $2,926,534 $13,358,202 $607,365
2019 $2,719,131 $1,908,643 $12,492,581 $810,488
2018 $2,173,872 $2,090,651 $12,063,076 $83,221
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