Civic Intelligence

Seattle Nativity School

EIN 45-3088244 • 501(c)3 • Seattle, WA

Profile

The primary mission of the seattle nativity school (sns) is to break the cycle of poverty through education that nourishes souls and ignites leaders for love and service. The mission shall be accomplished through operation of a first-in-class middle school for students from economically disadvantaged backgrounds, operated in accordance with the basic tenets of the roman catholic faith in affiliation with the archdiocese of seattle and endorsed by the oregon province of the society of jesus. Sns is organized exclusively for charitable, religious, educational, and scientific purposes.

4200 S Mead StreetSeattle, WA 98118

www.seattlenativity.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.03x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.07x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

47th percentile

3.0%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$76,600

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

40th percentile

1.0%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-10%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,171,149

Up $349,101 (+7.2%) from 2022

Liabilities

Up

$103,044

Up $35,854 (+53%) from 2022

Net Assets

Up

$5,068,105

Up $313,247 (+6.6%) from 2022

Revenue

Down

$2,556,430

Down $1,765,380 (-41%) from 2022

Expenses

Up

$2,209,049

Up $433,491 (+24%) from 2022

Net Income

Down

$347,381

Down $2,198,871 (-86%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2013: $1,572,638Liabilities 2013: $5,835Net Assets 2013: $1,566,8032013Assets 2014: $2,161,923Liabilities 2014: $151,104Net Assets 2014: $2,010,8192014Assets 2015: $2,156,260Liabilities 2015: $40,819Net Assets 2015: $2,115,4412015Assets 2016: $2,141,565Liabilities 2016: $33,235Net Assets 2016: $2,108,3302016Assets 2017: $2,418,793Liabilities 2017: $20,152Net Assets 2017: $2,398,6412017Assets 2018: $2,296,151Liabilities 2018: $35,339Net Assets 2018: $2,260,8122018Assets 2019: $2,093,107Liabilities 2019: $58,078Net Assets 2019: $2,035,0292019Assets 2020: $2,006,342Liabilities 2020: $195,481Net Assets 2020: $1,810,8612020Assets 2021: $2,261,129Liabilities 2021: $52,523Net Assets 2021: $2,208,6062021Assets 2022: $4,822,048Liabilities 2022: $67,190Net Assets 2022: $4,754,8582022Assets 2023: $5,171,149Liabilities 2023: $103,044Net Assets 2023: $5,068,1052023

Highlighted filing

2023

Assets$5,171,149
Liabilities$103,044
Net Assets$5,068,105

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $1,618,996Expenses 2013: $54,438Net Income 2013: $1,564,5582013Revenue 2014: $860,396Expenses 2014: $437,959Net Income 2014: $422,4372014Revenue 2015: $770,431Expenses 2015: $665,809Net Income 2015: $104,6222015Revenue 2016: $889,267Expenses 2016: $874,305Net Income 2016: $14,9622016Revenue 2017: $1,142,000Expenses 2017: $851,512Net Income 2017: $290,4882017Revenue 2018: $989,926Expenses 2018: $958,393Net Income 2018: $31,5332018Revenue 2019: $900,144Expenses 2019: $1,106,824Net Income 2019: -$206,6802019Revenue 2020: $1,095,184Expenses 2020: $1,265,929Net Income 2020: -$170,7452020Revenue 2021: $1,883,411Expenses 2021: $1,485,666Net Income 2021: $397,7452021Revenue 2022: $4,321,810Expenses 2022: $1,775,558Net Income 2022: $2,546,2522022Revenue 2023: $2,556,430Expenses 2023: $2,209,049Net Income 2023: $347,3812023

Highlighted filing

2023

Revenue$2,556,430
Expenses$2,209,049
Net Income$347,381

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 4, 2022
Return Version
2020v4.2
Gross Receipts
$1,934,892
Mission and Program Overview

Mission

Seattle nativity school is a catholic, jesuit-endorsed, science, technology, engineering and mathmatics (stem) middle school seeking to break the cycle of poverty though education that nourishes soles and ignites leaders for love and service.

Seattle nativity school is a catholic, jesuit-endorsed, science, technology, engineering, and mathematics (stem) middle school seeking to break the cycle of poverty through an education that nourishes souls and ignites leaders for love and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$615,551$804,343▲ $188,792
Cash and Non-Interest-Bearing Accounts$597,476$688,675▲ $91,199
Savings and Temporary Cash Investments$714,826$635,729▼ $79,097
Land, Buildings, and Equipment, Net$8,736$111,795▲ $103,059
Prepaid Expenses and Deferred Charges$23,702$15,587▼ $8,115
Total Assets$2,006,342$2,261,129▲ $254,787
Other Assets Total$46,051$5,000▼ $41,051
Liabilities
Unsecured Notes Loans Payable$143,211$0▼ $143,211
Accounts Payable and Accrued Expenses$52,270$52,523▲ $253
Total Liabilities$195,481$52,523▼ $142,958
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,558,033$1,890,177▲ $332,144
Net Assets With Donor Restrictions$252,828$318,429▲ $65,601
Total Net Assets Fund Balance$1,810,861$2,208,606▲ $397,745
Total Liabilities and Net Assets / Fund Balance$2,006,342$2,261,129▲ $254,787

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$79,348$255,271$334,619
Equipment$32,447$145,996$178,443

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$252,828$65,601--$318,429
2019$201,934$50,894--$252,828
2018$86,480$115,455--$201,935
2017$36,738$49,742--$86,480
2016$36,738---$36,738
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael MottChairperson/director
Fr Jeff Mcdougall SjEx-officio/president
Ann KnightDirector
Christine Mullaney MckayDirector
Denise TabbuttDirector
Diane KocerDirector
Fr Stephen Sundborg SjDirector
Janeth MoranDirector
John MckayDirector
Kathleen Brown SandersDirector
Marissa ThomasDirector
Michele GodvinDirector
Rich BarthDirector
Rob CampbellDirector
Sheryl GudaitisDirector
Tom HercheSecretary/director
MICHAEL O'BRIENTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,914,543
Program Service Revenue
$16,014
Investment Income
$-36,648
Other Revenue
$-10,498
All Other Contributions
$1,407,022
Change in Net Assets
$397,745

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$182,762Market Price
Other Non Cash Contri Table2$2,000Fair Market Value (FMV)
Total Noncash Contributions11$184,762-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$888,227
Other Expenses$525,439
Total Fundraising Expense$291,274
Professional Fundraising Fees$72,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$504,353$154,053$97,300$755,706
Occupancy$77,880$6,923$1,731$86,534
Fees for Services Management$22,980$30,640$22,980$76,600
Payroll Taxes$48,357$14,767$9,332$72,456
Fees for Services Professional Fundraising--$72,000$72,000
Other Employee Benefits$31,830$9,720$6,143$47,693
Fees for Services Other$36,800--$36,800
Office Expenses$24,124$7,367$4,656$36,147
Insurance$20,239$6,180$3,906$30,325
Depreciation Depletion$14,293$4,367$2,758$21,418
Pension Plan Contributions$8,257$2,521$1,594$12,372
Other Expenses$5,818$1,777$1,123$8,718
Fees for Services Accounting-$7,711-$7,711
Information Technology$2,839$867$548$4,254
Travel$1,586$484$306$2,376
All Other Expenses$70$17$2,187$2,274
Total Functional Expenses$936,784$257,608$291,274$1,485,666
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$72,000
Fundraising Direct Expenses$12,930
Fundraising Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon$292,560-$5,123-
Game on$71,750-$3,133-
Total Events$364,310-$12,930$-12,930
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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

Ex-officio members of the board may attend all board meetings, but shall have no right to vote on any matter before the board and shall not be included in determining the presence or absence of a quorum of the board. The president shall be an ex-officio member of the board. The chair may recommend to the board, the approval of one or more additional individuals to serve as non-voting ex-officio members of the board, for a term to be recommended by the chair. At any one time there may be no more than two (2) ex officio members of the board (in addition to the president). The chair, chair-elect, past chair, president, vice president, treasurer and secretary shall constitute the executive committee of the board of directors. The executive committee shall possess all or such portion of the authority of the board of directors with respect to the management and control of sns and such other powers and duties as may be delegated to it by the board of directors. The executive committee meetings may be called from time to time by the chair on such terms and conditions as are reasonable to further the purpose and objectives of sns. (please note that the vice-president position is currently vacant.

Form 990, Part VI, Section A, Line 2

John mckay and christine mullaney mckay have a familial relationship.

Form 990, Part VI, Section A, Line 8B

The school does not have committees who act on behalf of the governing body.

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

Prior to filing, a complete copy of the form 990 is emailed to every member of the board of directors. The board has to approve the draft before it is submitted to irs by the tax accountant.

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

The purpose of the conflict of interest policy is to protect the interests of seattle nativity school ("sns") when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of sns or might result in a possible excess benefit transaction. An interested person is defined as "any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest." in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. The sns conflict of interest policy is distributed on a yearly basis.

Form 990, Part VI, Section C, Line 19

Sns does not currently make governing documents, conflict of interest policy, and financial statements available to the general public.

Filing and Contact Details

Filer

Filer Name
Seattle Nativity School
EIN
45-3088244
Phone
2064944708
Address
4200 S MEAD STREET, SEATTLE, WA 98118

Signing Officer

Name
Fr Jeff Mcdougall Sj
Title
President
Phone
2064944708
Signed
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fr Jeff Mcdougall Sj
Formed
2012
Legal Domicile
Wa
Voting Board Members
16
Independent Board Members
16
Employees
18
Volunteers
30

Preparer

Firm
Cliftonlarsonallen Llp
Address
10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Allen Gilbert CPA
Phone
4252506100
Supplemental Narrative

Additional Explanations

Form 990, Part III Line 1

The primary mission of the seattle nativity school (sns) is to break the cycle of poverty through education that nourishes souls and ignites leaders for love and service. The mission shall be accomplished through operation of a first-in-class middle school for students from economically disadvantaged backgrounds, operated in accordance with the basic tenets of the roman catholic faith in partnership and as articulated by the archdiocese of seattle and society of jesus. Sns is organized exclusively for charitable, religious, educational, and scientific purposes.

Financial Statement Notes

PART V, LINE 4:

To generate student sponsorship.

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