Civic Intelligence

Folk Education Services

EIN 61-0996174 • 501(c)3 • Olympia, WA

Profile

PROMOTE FOLK EDUCATION

8305 Evergreen DrOlympia, WA 98506

n/A

Siviq Scores

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

Liabilities / Assets

77th percentile

0.08x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.01x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$21,125

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

99th percentile

955%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

77%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$42,855

Up $38,792 (+955%) from 2023

Liabilities

Up

$3,248

Up $3,248 from 2023

Net Assets

$39,607

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue71st percentileNet Margin76th percentile

Revenue

Up

$229,297

Up $99,743 (+77%) from 2023

Expenses

Up

$179,070

Up $19,434 (+12%) from 2023

Net Income

Up

$50,227

Up $80,309 (+267%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$60K$40K$20K$0-$20KAssets 2020: $5,922Liabilities 2020: $8,352Net Assets 2020: -$2,4302020Assets 2021: $2,570Liabilities 2021: $889Net Assets 2021: $1,6812021Assets 2023: $4,063Liabilities 2023: $02023Assets 2024: $42,855Liabilities 2024: $3,248Net Assets 2024: $39,6072024

Highlighted filing

2024

Assets$42,855
Liabilities$3,248
Net Assets$39,607
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

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

$300K$200K$100K$0-$100KRevenue 2020: $73,279Expenses 2020: $75,877Net Income 2020: -$2,5982020Revenue 2021: $81,127Expenses 2021: $77,016Net Income 2021: $4,1112021Revenue 2023: $129,554Expenses 2023: $159,636Net Income 2023: -$30,0822023Revenue 2024: $229,297Expenses 2024: $179,070Net Income 2024: $50,2272024

Highlighted filing

2024

Revenue$229,297
Expenses$179,070
Net Income$50,227
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$42,855
Liabilities
$3,248
Net assets
$39,607
Revenue
$229,297
Expenses
$179,070
Net income
$50,227
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.03$0.40$2.29$1.79$0.50
2023Summary only. Only limited summary data is available for this year.$0.04$0.00$1.30$1.60$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.01$0.02$0.81$0.77$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.08$0.02$0.73$0.76$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.1
Gross Receipts
$229,297
Mission and Program Overview

Mission

PROMOTE FOLK EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,826$42,855▲ $40,029
Total Assets$2,826$42,855▲ $40,029
Liabilities
Accounts Payable and Accrued Expenses$16,925$3,248▼ $13,677
Total Liabilities$16,925$3,248▼ $13,677
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-14,099$39,607▲ $53,706
Total Net Assets Fund Balance$-14,099$39,607▲ $53,706
Total Liabilities and Net Assets / Fund Balance$2,826$42,855▲ $40,029
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dawn MurphyDirectorPT$21,125$21,125
Revenue and Support

Revenue Composition

Contributions and Grants
$229,297
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$229,297
Change in Net Assets
$50,227
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,594
Salaries, Compensation, and Employee Benefits$59,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$53,243$0$0$53,243
Other Expenses$22,286$0$0$22,286
Payroll Taxes$6,233$0$0$6,233
Travel$548$0$0$548
Information Technology$403$0$0$403
Total Functional Expenses$179,070$0$0$179,070
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Folk Education Services
EIN
61-0996174
Phone
3609435749
Address
8305 EVERGREEN DR, OLYMPIA, WA 98506

Signing Officer

Name
Dawn Murphy
Title
Board Member
Phone
3609435749
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn Murphy
Formed
1980
Legal Domicile
Wa
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
10

Preparer

Firm
Davis & Hessel Tax Services
Address
125 Clay Dr Ste B, Berea, KY 40403
Preparer
Stephen E Davis Ea
Phone
8599861717
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“IN COMPLIANCE”

Raw XML Appendix276 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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