Civic Intelligence

Highline Schools Foundation for Excellence

990 • Fiscal year 2020 • EIN 91-2020506

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

15675 Ambaum Blvd SWBurien, WA 98166

(206) 631-3120

Siviq Scores

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

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

71st percentile

0.34x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$97,659

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

56%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$3,716,203

Up $540,728 (+17%) from 2019

Net Assets

Up

$3,119,942

Up $558,848 (+22%) from 2019

Liabilities

Down

$596,261

Down $18,120 (-2.9%) from 2019

Revenue

Up

$1,741,717

Up $621,679 (+56%) from 2019

Expenses

Up

$1,238,264

Up $207,290 (+20%) from 2019

Net Income

Up

$503,453

Up $414,389 (+465%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2008: $2,042,511Liabilities 2008: $1,520,152Net Assets 2008: $522,3592008Assets 2010: $2,478,273Liabilities 2010: $254,392Net Assets 2010: $2,223,8812010Assets 2011: $3,825,663Liabilities 2011: $141,501Net Assets 2011: $3,684,1622011Assets 2012: $4,848,392Liabilities 2012: $162,905Net Assets 2012: $4,685,4872012Assets 2013: $1,376,550Liabilities 2013: $164,877Net Assets 2013: $1,211,6732013Assets 2014: $1,867,419Liabilities 2014: $161,406Net Assets 2014: $1,706,0132014Assets 2015: $1,929,356Liabilities 2015: $335,773Net Assets 2015: $1,593,5832015Assets 2016: $2,440,229Liabilities 2016: $343,045Net Assets 2016: $2,097,1842016Assets 2017: $2,808,962Liabilities 2017: $392,118Net Assets 2017: $2,416,8442017Assets 2018: $2,814,166Liabilities 2018: $610,212Net Assets 2018: $2,203,9542018Assets 2019: $3,175,475Liabilities 2019: $614,381Net Assets 2019: $2,561,0942019Assets 2020: $3,716,203Liabilities 2020: $596,261Net Assets 2020: $3,119,9422020Assets 2021: $4,255,565Liabilities 2021: $539,932Net Assets 2021: $3,715,6332021Assets 2022: $3,956,441Liabilities 2022: $203,736Net Assets 2022: $3,752,7052022Assets 2023: $4,566,648Liabilities 2023: $113,142Net Assets 2023: $4,453,5062023Assets 2024: $6,704,607Liabilities 2024: $110,557Net Assets 2024: $6,594,0502024

Highlighted filing

2020

Assets$3,716,203
Liabilities$596,261
Net Assets$3,119,942

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2008: $172,8642008Expenses 2010: $272,6302010Expenses 2011: $236,6472011Expenses 2012: $1,275,4882012Revenue 2013: $610,167Expenses 2013: $4,054,061Net Income 2013: -$3,443,8942013Revenue 2014: $1,273,464Expenses 2014: $762,144Net Income 2014: $511,3202014Revenue 2015: $903,509Expenses 2015: $941,567Net Income 2015: -$38,0582015Revenue 2016: $1,418,568Expenses 2016: $1,025,744Net Income 2016: $392,8242016Revenue 2017: $1,353,918Expenses 2017: $1,139,980Net Income 2017: $213,9382017Revenue 2018: $1,177,821Expenses 2018: $1,204,453Net Income 2018: -$26,6322018Revenue 2019: $1,120,038Expenses 2019: $1,030,974Net Income 2019: $89,0642019Revenue 2020: $1,741,717Expenses 2020: $1,238,264Net Income 2020: $503,4532020Revenue 2021: $1,198,964Expenses 2021: $936,119Net Income 2021: $262,8452021Revenue 2022: $1,522,887Expenses 2022: $944,784Net Income 2022: $578,1032022Revenue 2023: $1,959,055Expenses 2023: $1,237,615Net Income 2023: $721,4402023Revenue 2024: $3,152,479Expenses 2024: $1,139,709Net Income 2024: $2,012,7702024

Highlighted filing

2020

Revenue$1,741,717
Expenses$1,238,264
Net Income$503,453
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$3,082,634
Mission and Program Overview

Mission

The foundation's mission is to provide community resources to help all highline public schools succeed. Since 1999, we have been supporting innovation and excellence in highline public schools. Our funding priorities focus on college and careers, grants to teachers for engaging classroom projects and programs to improve academic achievement, and arts, athletics and other programs that keep students in school and productive. Highline is one of the most diverse districts in this state and has one of the highest incidence of children living in poverty. Our foundation is the only 501(c)3 nonprofit corporation that serves the entire district in an effort to equalize these disparities.

Highline schools foundation unites community support for innovative and equitable learning across highline public schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,217,743$2,965,641▲ $747,898
Cash and Non-Interest-Bearing Accounts$775,939$463,617▼ $312,322
Inventories for Sale or Use-$140,000-
Accounts Receivable$57,706$69,204▲ $11,498
Savings and Temporary Cash Investments$104,785$56,415▼ $48,370
Prepaid Expenses and Deferred Charges$17,065$18,541▲ $1,476
Land, Buildings, and Equipment, Net$2,237$2,785▲ $548
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$3,175,475$3,716,203▲ $540,728
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$581,371$557,161▼ $24,210
Deferred Revenue$32,050$39,100▲ $7,050
Other Liabilities$960--
Total Liabilities$614,381$596,261▼ $18,120
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,743,041$2,153,444▲ $410,403
Net Assets Without Donor Restrictions$818,053$966,498▲ $148,445
Total Net Assets Fund Balance$2,561,094$3,119,942▲ $558,848
Total Liabilities and Net Assets / Fund Balance$3,175,475$3,716,203▲ $540,728

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$560$4,061$4,621
Equipment$2,225$584$2,809

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$765,037$105,000▲ $67,689-$876,455
2019$670,905$100,000▲ $97,748-$765,037
2018$803,773$100,000▼ $33,910$14,953$670,905
2017$577,703$200,000▲ $59,741-$803,773
2016$146,735$500,000▲ $42,533-$577,703
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne BaunachExecutive DirectorFT$92,700$4,959$97,659

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,485,371
Program Service Revenue
$0
Investment Income
$256,199
Other Revenue
$147
All Other Contributions
$1,182,744
Change in Net Assets
$503,453

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
Clothing and Household Goods-$140,000Comparable Sales
Securities Publicly Traded2$80,115Fair Market Value (FMV)
Other Non Cash Contri Table1$65,000Fair Market Value (FMV)
Other Non Cash Contri Table31$55,011Fair Market Value (FMV)
Food Inventory2$4,908Comparable Sal
Total Noncash Contributions36$345,034-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$905,991
Salaries, Compensation, and Employee Benefits$281,693
Total Fundraising Expense$78,748
Other Expenses$50,580
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$599,707--$599,707
Grants to Domestic Orgs$306,284--$306,284
Other Salaries and Wages$42,191$60,994$48,239$151,424
Current Officers, Directors, Trustees, and Key Employees$46,350$27,810$18,540$92,700
Payroll Taxes$5,762$8,329$6,588$20,679
Fees for Service Investment Mgmnt Fees-$18,374-$18,374
Other Employee Benefits$4,706$6,803$5,381$16,890
Information Technology-$10,616-$10,616
Fees for Services Accounting-$4,500-$4,500
Insurance-$3,127-$3,127
Conferences and Meetings-$2,521-$2,521
Occupancy-$2,363-$2,363
Office Expenses-$1,960-$1,960
Depreciation Depletion-$1,059-$1,059
Travel-$411-$411
Other Expenses-$196-$196
All Other Expenses-$155-$155
Fees for Services Other-$92-$92
Total Functional Expenses$1,005,000$154,516$78,748$1,238,264
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
HIGHLINE SCHOOL DISTRICT #401Burien, WA-See Sch I Part Iv$294,513
Choices Education GroupSeattle, WA-See Sch I Part Iv$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,244
Fundraising Direct Expenses$23,097
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Brat Trot$30,743$9,527$5,211$4,316
Awards Banquet$133,031$2,289$5,258$-2,969
Total Events$189,946$23,244$23,097$147
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Family relationship between scott gifford and patti giffordfamily relationship between aaron reher and mindy reher

Form 990, Part VI, Line 11B: Form 990 Review Process

The finance committee will hold a separate meeting before the return is filed to review the return for accuracy. A copy of the final draft is then forwarded to the entire board.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy is reviewed in the first board meeting of the new year and all trustees and employees sign a conflict of interest disclosure statement which is kept on file in the office.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board of directors reviews the market rate for the employee position in question before voting to approve any employee compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies, and financial statements are available to the general public upon request. Management also provides annual unaudited financial statements on the foundations website.

Filing and Contact Details

Filer

Filer Name
Highline Schools Foundation for
EIN
91-2020506
Phone
2066313120
Address
15675 AMBAUM BLVD SW, BURIEN, WA 98166

Signing Officer

Name
Chris Keaton
Title
President
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Wa
Voting Board Members
22
Independent Board Members
22
Employees
5
Volunteers
52

Preparer

Firm
Hawthorne & CO CPAs
Address
17820 1st Ave South, Burien, WA 98148
Preparer
David D Hawthorne - Mm
Phone
2062432336
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: other programs such as professional development, recognition and administrative support to highline school district

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

DURING 2007, THE McMICKEN HEIGHTS COMMUNITY CLUB GAVE THE FOUNDATION AN EDUCATION ENDOWMENT FUND TO PROVIDE INCOME, IN PERPETUITY, TO SUPPORT McMICKEN ELEMENTARY SCHOOL.DURING 2016, BRAD AND DANIELLE TILDEN AND THE TILDEN FAMILY FOUNDATION ESTABLISHED THE TILDEN ENDOWMENT FUND TO PROVIDE INCOME FOR A TERM OF TEN YEARS. THE TILDEN ENDOWMENT FUND WAS ESTABLISHED TO SUPPORT EDUCATOR PROFESSIONAL DEVELOPMENT IN THE AREAS OF STEM TEACHING AND LEARNING FOCUSED ON DISADVANTAGED STUDENTS, TO SUPPORT CHOICES EDUCATION GROUP PROGRAMS IN HIGHLINE PUBLIC SCHOOLS, AND TO PROVIDE ONE-YEAR SCHOLARSHIPS TO STUDENTS GRADUATING FROM HIGH SCHOOLS IN THE HIGHLINE SCHOOL DISTRICT AND ENROLLING IN A TWO- OR FOUR-YEAR COLLEGE OR UNIVERSITY.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15President-Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt16Member at Large
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt22Trustee
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IRS990/FormationYr01999
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IRS990/FundraisingDirectExpensesAmt023097
IRS990/FundraisingGrossIncomeAmt023244
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0HIGHLINE SCHOOOLS FOUNDATION WAS FOUNDED IN 1999 BY A GROUP OF PARENTS AND COMMUNITY MEMBERS WITH THE FORESIGHT TO ENSURE THAT THE QUALITY EDUCATION THAT THEIR CHILDREN WERE RECEIVING WOULD BE SUSTAINED. THE HIGHLINE SCHOOLS FOUNDATION IS THE ONLY NONPROFIT ORGANIZATION SERVING ALL STUDENTS IN HIGHLINE PUBLIC SCHOOLS. WE STRIVE TO BRIDGE THE GAP BETWEEN WHAT THE STATE OF WASHINGTON PROVIDES OUR DISTRICT AND WHAT OUR PUBLIC SCHOOLS NEED TO PROVIDE OUR STUDENTS WITH A WELL-ROUNDED QUALITY EDUCATION.
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IRS990/OtherExpensesGrp/Desc0MERCHANT SERVICES
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.70$0.11$6.59$3.15$1.14$2.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$0.11$4.45$1.96$1.24$0.72
2022Detailed filing. Detailed filing data is available for this year.$3.96$0.20$3.75$1.52$0.94$0.58
2021Detailed filing. Detailed filing data is available for this year.$4.26$0.54$3.72$1.20$0.94$0.26
2020Detailed filing. Detailed filing data is available for this year.$3.72$0.60$3.12$1.74$1.24$0.50
2019Detailed filing. Detailed filing data is available for this year.$3.18$0.61$2.56$1.12$1.03$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.81$0.61$2.20$1.18$1.20$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.81$0.39$2.42$1.35$1.14$0.21
2016Detailed filing. Detailed filing data is available for this year.$2.44$0.34$2.10$1.42$1.03$0.39
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.34$1.59$0.90$0.94$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.16$1.71$1.27$0.76$0.51
2013Detailed filing. Detailed filing data is available for this year.$1.38$0.16$1.21$0.61$4.05$3.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$0.16$4.69$1.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$0.14$3.68$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.25$2.22$0.27
2008Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$1.52$0.52$0.17