Civic Intelligence

Washington Early Learning Fund

990 • Fiscal year 2017 • EIN 20-4829769

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

2815 Second Avenue No 210Seattle, WA 98121

(206) 621-5555

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.26x

Higher debt load relative to assets than 54% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

0.17x

Higher debt load relative to revenue than 43% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

12th percentile

-16%

Higher net margin than 12% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

3rd percentile

-21%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-26%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$9,842,882

Down $2,613,705 (-21%) from 2016

Net Assets

Down

$7,320,975

Down $3,263,069 (-31%) from 2016

Liabilities

Up

$2,521,907

Up $649,364 (+35%) from 2016

Revenue

Down

$14,547,590

Down $5,068,660 (-26%) from 2016

Expenses

Up

$16,878,146

Up $1,168,972 (+7.4%) from 2016

Net Income

Down

-$2,330,556

Down $6,237,632 (-160%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $10,163,813Liabilities 2011: $1,078,429Net Assets 2011: $9,085,3842011Assets 2012: $8,199,221Liabilities 2012: $1,230,687Net Assets 2012: $6,968,5342012Assets 2013: $10,977,010Liabilities 2013: $2,320,959Net Assets 2013: $8,656,0512013Assets 2014: $10,703,813Liabilities 2014: $1,595,254Net Assets 2014: $9,108,5592014Assets 2015: $8,577,391Liabilities 2015: $1,739,014Net Assets 2015: $6,838,3772015Assets 2016: $12,456,587Liabilities 2016: $1,872,543Net Assets 2016: $10,584,0442016Assets 2017: $9,842,882Liabilities 2017: $2,521,907Net Assets 2017: $7,320,9752017Assets 2018: $5,321,424Liabilities 2018: $619,959Net Assets 2018: $4,701,4652018Assets 2019: $3,705,447Liabilities 2019: $192,678Net Assets 2019: $3,512,7692019

Highlighted filing

2017

Assets$9,842,882
Liabilities$2,521,907
Net Assets$7,320,975

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2011: $10,218,6802011Expenses 2012: $8,779,9652012Expenses 2013: $12,583,3512013Revenue 2014: $14,758,596Expenses 2014: $14,352,229Net Income 2014: $406,3672014Revenue 2015: $12,530,917Expenses 2015: $14,653,022Net Income 2015: -$2,122,1052015Revenue 2016: $19,616,250Expenses 2016: $15,709,174Net Income 2016: $3,907,0762016Revenue 2017: $14,547,590Expenses 2017: $16,878,146Net Income 2017: -$2,330,5562017Revenue 2018: $2,227,763Expenses 2018: $4,843,639Net Income 2018: -$2,615,8762018Revenue 2019: $2,530,780Expenses 2019: $3,737,880Net Income 2019: -$1,207,1002019

Highlighted filing

2017

Revenue$14,547,590
Expenses$16,878,146
Net Income-$2,330,556
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$14,662,542
Mission and Program Overview

Mission

Thrive washington advances high-quality early learning - with a commitment to innovation and equity - throughout washington state. We work with partners to activate communities, advocate for young children and families, and influence public and private investment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,159,534$3,363,983▲ $204,449
Accounts Receivable$3,278,668$2,688,775▼ $589,893
Pledges and Grants Receivable$3,906,335$1,385,476▼ $2,520,859
Cash and Non-Interest-Bearing Accounts$186,507$1,255,402▲ $1,068,895
Savings and Temporary Cash Investments$1,534,717$1,005,855▼ $528,862
Land, Buildings, and Equipment, Net$132,751$84,900▼ $47,851
Prepaid Expenses and Deferred Charges$240,390$40,806▼ $199,584
Total Assets$12,456,587$9,842,882▼ $2,613,705
Other Assets Total$17,685$17,685→ $0
Liabilities
Grants Payable$1,398,766$2,100,912▲ $702,146
Accounts Payable and Accrued Expenses$320,757$319,315▼ $1,442
Deferred Revenue$153,020$101,680▼ $51,340
Total Liabilities$1,872,543$2,521,907▲ $649,364
Net Assets / Fund Balance
Unrestricted Net Assets$6,297,868$5,149,349▼ $1,148,519
Temporarily Rstr Net Assets$4,286,176$2,171,626▼ $2,114,550
Total Net Assets Fund Balance$10,584,044$7,320,975▼ $3,263,069
Total Liabilities and Net Assets / Fund Balance$12,456,587$9,842,882▼ $2,613,705

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$60,016$132,425$192,441
Other Land Buildings$24,884$105,291$130,175
Equipment$0$91,211$91,211
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angus MairsInterim Pres & CEOFT$150,296$19,237$169,533
MOLLY O'CONNORDirector of CommunicationFT$117,931$18,973$136,904
Carmen LohDirector of FinanceFT$111,594$15,672$127,266
Leah HausmanDirector Fund DevelopmentFT$109,529$13,096$122,625
Quen ZorrahNfp State LeadFT$108,796$13,052$121,848
Priti Mody-panDirector of GrantsFT$104,584$6,239$110,823
Alan CohenPresident & CEOFT$33,633$550$34,183

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$12,693,149
Program Service Revenue
$1,835,606
Investment Income
$100,948
Other Revenue
$-82,113
All Other Contributions
$1,193,939
Change in Net Assets
$-2,330,556

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,639,992
Revenue Not Reported on Financial Statements
$-92,402
Revenue Not Reported on Form 990
$155,042
Other Revenue Adjustments
$-92,402
Total Revenue per Audited Statements
$14,795,034
Total Revenue per Form 990
$14,547,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,625,250
Salaries, Compensation, and Employee Benefits$2,703,416
Other Expenses$1,549,480
Total Fundraising Expense$475,430
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$12,625,250--$12,625,250
Other Salaries and Wages$1,016,533$312,913$250,802$1,580,248
Fees for Services Other$330,095$410,327$29,585$770,007
Other Employee Benefits$320,667$169,392$79,116$569,175
Current Officers, Directors, Trustees, and Key Employees-$323,185-$323,185
Payroll Taxes$89,005$51,503$21,960$162,468
Occupancy$89,160$51,593$19,226$159,979
Information Technology$83,715$45,923$24,685$154,323
Conferences and Meetings$54,920$30,210$6,195$91,325
Office Expenses$59,377$10,157$6,238$75,772
Pension Plan Contributions$54,816-$13,524$68,340
Travel$57,134$9,389$1,810$68,333
Fees for Services Accounting$21,128$25,631$4,620$51,379
Depreciation Depletion$26,832$15,526$6,620$48,978
Fees for Services Legal$17,028$20,657$3,723$41,408
Fees for Services Lobbying$16,552$20,079$3,619$40,250
Fees for Service Investment Mgmnt Fees$6,804$8,254$1,488$16,546
Insurance$501$10,959-$11,460
Other Expenses$212$4,645$2,043$4,857
All Other Expenses$33$1,114-$1,147
Advertising$171$741$176$1,088
Total Functional Expenses$14,871,920$1,530,796$475,430$16,878,146

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$18,058,103
Expenses per Audited Statements$16,878,146
Total Expenses per Form 990$16,878,146
Expenses Not Reported on Form 990$1,179,957
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Yakima Valley Mem Hospital AssnYakima, WA501(c)(3)Home Visiting$884,728
Catholic Family & Child ServiceYakima, WA501(c)(3)Home Visiting$796,459
CHILDREN'S HOME SOCIETYSeattle, WA501(c)(3)Home Visiting$778,180
Spokane Regional HealthSpokane, WAGovernmentHome Visiting$744,541
Benton-franklin Health DistrictKennewick, WAGovernmentHome Visiting$655,449
Little Red School HouseEverett, WA501(c)(3)Home Visiting$520,689
Tacoma Pierce County Health DeptTacoma, WAGovernmentHome Visiting$489,236
Yakima Valley Farm Workers ClinicToppenish, WA501(c)(3)Home Visiting$472,853
Public Health Seattle and KcSeattle, WAGovernmentHome Visiting$464,827
Community Youth ServicesOlympia, WA501(c)(3)Home Visiting$436,302
Grays Harbor County Public HealthAberdeen, WAGovernmentHome Visiting$412,854
First Step Family Support CenterPort Angeles, WA501(c)(3)Home Visiting$397,156
Skagit County Public Health DeptMount Vernon, WAGovernmentHome Visiting$393,102
Whatcom County Health DepartmentBellingham, WAGovernmentHome Visiting$350,094
Thurston County Public HealthOlympia, WAGovernmentHome Visiting$299,660
Open Arms Perinatal ServicesSeattle, WA501(c)(3)Home Visiting$259,904
Mason County Public Health DeptShelton, WAGovernmentHome Visiting$234,377
Clark County Public HealthVancouver, WAGovernmentHome Visiting$230,753
Okanogan County Child Development AssocOmak, WA501(c)(3)Home Visiting$202,063
Columbia Basin Health AssocOthello, WA501(c)(3)Home Visiting$189,215
Friends of YouthKirkland, WA501(c)(3)Home Visiting$182,571
Jefferson County Public HealthPort Townsend, WAGovernmentHome Visiting$175,902
Support for Early Learning FamiliesVancouver, WA501(c)(3)Community Momentum$171,223
First Five FundamentalsTacoma, WA501(c)(3)Community Momentum$158,746
SCHOOL'S OUT WASHINGTONSeattle, WA501(c)(3)Community Momentum$156,428
Educ Svc Distr 113 Vision for El WcTumwater, WAGovernmentCommunity Momentum$156,130
El Centro De La RazaSeattle, WA501(c)(3)Home Visiting$143,301
Educ Svc Distr 123Pasco, WAGovernmentCommunity Momentum$139,147
Community Minded EnterprisesSpokane, WA501(c)(3)Community Momentum$139,128
United Way Chelandouglas CountiesWenatchee, WA501(c)(3)Community Momentum$136,621
Centralia CollegeCentralia, WAGovernmentHome Visiting$135,752
Yakima Valley Community FoundationYakima, WA501(c)(3)Community Momentum$134,024
Educ Svc Distr 189Anacortes, WAGovernmentCommunity Momentum$133,177
Multicare Health Systemsmary BridgeTacoma, WA501(c)(3)Home Visiting$132,138
Institute for Family DevelopmentFederal Way, WA501(c)(3)Home Visiting$128,403
Educ Svc Distr 114Bremerton, WAGovernmentCommunity Momentum$126,026
Cowlitz County Health DepartmentLongview, WAGovernmentHome Visiting$123,642
Denise Louie Education CenterSeattle, WA501(c)(3)Home Visiting$119,544
Child Care ResourcesSeattle, WA501(c)(3)Early Math$97,000
St James Family CenterCathlamet, WA501(c)(3)Home Visiting$95,219
Selkirk School DistrictMetaline Falls, WAGovernmentHome Visiting$93,470
Lydia PlaceBellingham, WA501(c)(3)Home Visiting$87,577
United Indians of All Tribes FoundationSeattle, WA501(c)(3)Home Visiting$75,351
Chinese Information and ServiceSeattle, WA501(c)(3)Home Visiting$66,761
WEST VALLEY SCHOOL DISTRICT #208Yakima, WAGovernmentHome Visiting$57,726
NavosSeattle, WA501(c)(3)Home Visiting$50,894
Northshore Youth ServicesBothell, WA501(c)(3)Home Visiting$46,603
Burke Museum AssociationSeattle, WA501(c)(3)Stem$25,000
HANDS ON CHILDREN'S MUSEUMOlympia, WA501(c)(3)Stem$25,000
IMAGINE CHILDREN'S MUSEUMEverett, WA501(c)(3)Stem$25,000
ZenoSeattle, WA501(c)(3)Stem$12,500
Spokane County LibrarySpokane, WAGovernmentStem$10,904
Child Care Action CouncilOlympia, WA501(c)(3)Stem$8,959
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$92,402
Fundraising Gross Income$7,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Leadership Luncheon$195,196$7,000$15,147$-8,147
Total Events$195,196$7,000$92,402$-85,402
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

The executive committee is allowed to act on behalf of the organization's governing body. The executive committee is comprised of the board officers.

Form 990, Part VI, Section B, Line 11B

After preparation by an independent cpa firm, form 990 is reviewed by the cfo and audit committee, and then provided to the board before filing.

Form 990, Part VI, Section B, Line 12C

Thrive requires all board members to agree to a conflict of interest policy. Thrive also distributes and reviews an annual conflict of interest questionnaire sent to all board members. The questionnaire addresses both direct and indirect conflicts of interest. If a conflict of interest is found, the board member is prohibited from voting on key decisions related to the conflict identified. The board and/or leadership decide if there is a conflict.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policies, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thrive Washington
EIN
20-4829769
Phone
2066215555
Address
2815 SECOND AVENUE NO 210, SEATTLE, WA 98121

Signing Officer

Name
Deborah Jensen
Title
Chief Executive Officer
Phone
2066215555
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Jensen
Formed
2006
Legal Domicile
Wa
Voting Board Members
20
Independent Board Members
20
Employees
36
Volunteers
40

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH STREET SUITE 1400, BELLEVUE, WA 98004
Preparer
Megan Ryan
Phone
4254544919
Supplemental Narrative

Additional Explanations

FORM 990, PART I LINE 6:

The board of directors and steering committee members are the organization's primary volunteers. These volunteers help set the direction of the organization through leadership, expertise, and counsel. Among other governance responsibilities, the board of directors approves the budget, hires and evaluates the ceo, and approves the strategic plan.

FORM 990, PART XI, LINE 9:

Uncollectible pledge write-off from prior year -1,087,555.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Special event deductions -92,402.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event deductions 92,402. Uncollectible pledge write-off from prior year 1,087,555.

Raw XML AppendixShowing 400 of 1,208 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THRIVE WASHINGTON ADVANCES HIGH-QUALITY EARLY LEARNING - WITH A COMMITMENT TO INNOVATION AND EQUITY - THROUGHOUT WASHINGTON STATE. WE WORK WITH PARTNERS TO ACTIVATE COMMUNITIES, ADVOCATE FOR YOUNG CHILDREN AND FAMILIES, AND INFLUENCE PUBLIC AND PRIVATE INVESTMENT.
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IRS990/Desc0FAMILY ENGAGEMENT - INCLUDES: HOME VISITING SERVICES ACCOUNT (HVSA), LIBRARY PARTNERSHIPS, AND GETTING SCHOOL READY/ LOVE TALK PLAY. IN 2011, THRIVE & SEVERAL STAKEHOLDERS & COMMUNITY PARTNERS WORKED TOGETHER TO DEVELOP A WASHINGTON STATE HOME VISITING PLAN THAT ARTICULATES HIGH-LEVEL GOALS & PRIORITIZED OBJECTIVES FOR INFRASTRUCTURE-BUILDING & IMPLEMENTATION OF A HOME VISITING SYSTEM. THE HOME VISITING SERVICES ACCOUNT (HVSA), ESTABLISHED BY THE LEGISLATURE, IS OVERSEEN BY THE DEPARTMENT OF EARLY LEARNING & ADMINISTERED BY THRIVE. THRIVE IS RESPONSIBLE FOR RAISING PRIVATE FUNDS TO MATCH & RELEASE PUBLIC DOLLARS FROM THE HVSA TO EXPAND ONGOING AVAILABILITY OF SERVICES, SERVICE DELIVERY & ACCESS, AND QUALITY & ACCOUNTABILITY. OVER THE PAST YEAR, THRIVE HAS MADE GREAT PROGRESS IN ENSURING THAT WASHINGTON'S VULNERABLE FAMILIES HAVE ACCESS TO HIGH-QUALITY, EVIDENCE-BASED HOME VISITING SERVICES.1. SERVING FAMILIES: IN JUST FIVE YEARS, THE HVSA HAS EXPANDED FROM FUNDING FOUR GRANTEES SERVING ABOUT 120 CHILDREN, TO 67 GRANTEES WITH THE CAPACITY TO SERVE OVER 2,296 CHILDREN STATEWIDE, WHILE DECREASING THE COST PER CHILD THROUGH ECONOMIES OF SCALE. THE MODELS & PROGRAMS MEET THE NEEDS OF DIVERSE POPULATIONS.2. DEVELOPING THE FIELD: FUNDS WORK TO INCREASE THE STATE'S CAPACITY TO NOT ONLY SERVE MORE FAMILIES, BUT ALSO SERVE THEM WITH HIGHEST QUALITY.3. CENTRALIZING SUPPORT & EMPOWERING COMMUNITIES: THE HVSA PORTFOLIO APPROACH OPENS THE DOOR TO DIVERSE MODELS & PROGRAMS, SO THAT COMMUNITIES CAN GET WHAT FITS BEST. WITH HVSA FUNDING COMES TECHNICAL ASSISTANCE & TRAINING THAT SUPPORTS IMPROVED HOME VISITING IMPLEMENTATION TO MEET OUTCOMES.LIBRARY PARTNERSHIP THRIVE FACILITATES AND REPRESENTS THE EARLY LEARNING PUBLIC LIBRARY PARTNERSHIP IN THE EARLY LEARNING FIELD BUILDING AWARENESS AMONG LIBRARIES ON KEY OPPORTUNITIES TO ENGAGE AND ACT STRATEGICALLY.GETTING SCHOOL READY /LOVE TALK PLAYGETTING SCHOOL READY! IS A RESOURCE GUIDE FOR PARENTS, FAMILIES, CAREGIVERS AND TEACHERS THAT PROVIDES SIMPLE TIPS AND IDEAS ON HOW TO HELP CHILDREN SUCCEED IN KINDERGARTEN. THE BOOKLET IS FREE, AND THE CONTENT CAN BE DOWNLOADED IN 10 LANGUAGES: CAMBODIAN, RUSSIAN, CHINESE, SOMALI, ENGLISH, SPANISH, KOREAN, TAGALOG, OROMO, AND VIETNAMESE. FROM SOCIAL EMOTIONAL DEVELOPMENT TO ENROLLING IN KINDERGARTEN, GETTING SCHOOL READY! IS DESIGNED TO SUPPORT NEW PARENTS AND CAREGIVERS AND THEIR CHILDREN'S FIRST AND MOST IMPORTANT TEACHERS. "LOVE TALK PLAY" IS A STATEWIDE EDUCATION AND AWARENESS CAMPAIGN AIMED AT PARENTS OF CHILDREN AGES 3 AND YOUNGER. THROUGH THE USE OF MESSENGERS THAT PARENTS TRUST AND PLACES THEY CURRENTLY USE FOR RESOURCES, THIS GRASSROOTS EFFORT AIMS TO SURROUND PARENTS WITH SIMPLE MESSAGES ABOUT THREE KEY THINGS ALL PARENTS CAN AND SHOULD BE DOING WITH THEIR CHILDREN: LOVE, TALK, AND PLAY.
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IRS990/MissionDesc0THRIVE WASHINGTON ADVANCES HIGH-QUALITY EARLY LEARNING - WITH A COMMITMENT TO INNOVATION & EQUITY - THROUGHOUT WASHINGTON STATE. WE WORK WITH PARTNERS TO ACTIVATE COMMUNITIES, ADVOCATE FOR YOUNG CHILDREN AND FAMILIES, & INFLUENCE PUBLIC & PRIVATE INVESTMENT.
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Filings

Peer Organizations

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