Civic Intelligence

Sequim Education Foundation

990 • Fiscal year 2023 • EIN 91-2122290

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 04, 2023

Organization ProfileWWW.SEQUIMEDUCATIONFOUNDATION.ORG
PO Box 3065Sequim, WA 98382

(360) 461-4455

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

10th percentile

-34%

Higher net margin than 10% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

43rd percentile

$29,389

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 31.4% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

49th percentile

4.2%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

-42%

Faster revenue growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$1,472,092

Up $59,160 (+4.2%) from 2022

Net Assets

Up

$1,470,836

Up $58,819 (+4.2%) from 2022

Liabilities

Up

$1,256

Up $341 (+37%) from 2022

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin10th percentile

Revenue

Down

$93,513

Down $67,257 (-42%) from 2022

Expenses

Up

$125,210

Up $12,219 (+11%) from 2022

Net Income

Down

-$31,697

Down $79,476 (-166%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $224,755Net Assets 2010: $224,7552010Assets 2011: $228,963Liabilities 2011: $0Net Assets 2011: $228,9632011Assets 2012: $228,052Liabilities 2012: $35,204Net Assets 2012: $192,8482012Assets 2013: $248,600Liabilities 2013: $34,705Net Assets 2013: $213,8952013Assets 2014: $560,632Liabilities 2014: $1Net Assets 2014: $560,6312014Assets 2015: $1,220,865Liabilities 2015: $104,225Net Assets 2015: $1,116,6402015Assets 2016: $1,176,969Liabilities 2016: $0Net Assets 2016: $1,176,9692016Assets 2017: $1,243,716Liabilities 2017: $490Net Assets 2017: $1,243,2262017Assets 2018: $1,307,984Liabilities 2018: $388Net Assets 2018: $1,307,5962018Assets 2019: $1,347,091Liabilities 2019: $0Net Assets 2019: $1,347,0912019Assets 2020: $1,335,084Liabilities 2020: $404Net Assets 2020: $1,334,6802020Assets 2021: $1,689,847Liabilities 2021: $471Net Assets 2021: $1,689,3762021Assets 2022: $1,412,932Liabilities 2022: $915Net Assets 2022: $1,412,0172022Assets 2023: $1,472,092Liabilities 2023: $1,256Net Assets 2023: $1,470,8362023Assets 2024: $2,523,355Liabilities 2024: $1,298Net Assets 2024: $2,522,0572024Assets 2025: $2,750,354Liabilities 2025: $15Net Assets 2025: $2,750,3392025

Highlighted filing

2023

Assets$1,472,092
Liabilities$1,256
Net Assets$1,470,836
Open 2023 Filing

Operations Trend

Revenue Growth8th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $48,535Expenses 2010: $26,761Net Income 2010: $21,7742010Expenses 2011: $20,0682011Expenses 2012: $36,6622012Expenses 2013: $29,3382013Revenue 2014: $337,046Expenses 2014: $42,861Net Income 2014: $294,1852014Revenue 2015: $686,515Expenses 2015: $54,630Net Income 2015: $631,8852015Revenue 2016: $68,740Expenses 2016: $84,534Net Income 2016: -$15,7942016Revenue 2017: $94,560Expenses 2017: $81,545Net Income 2017: $13,0152017Revenue 2018: $151,068Expenses 2018: $110,219Net Income 2018: $40,8492018Revenue 2019: $124,513Expenses 2019: $104,586Net Income 2019: $19,9272019Revenue 2020: $109,875Expenses 2020: $94,352Net Income 2020: $15,5232020Revenue 2021: $241,603Expenses 2021: $105,537Net Income 2021: $136,0662021Revenue 2022: $160,770Expenses 2022: $112,991Net Income 2022: $47,7792022Revenue 2023: $93,513Expenses 2023: $125,210Net Income 2023: -$31,6972023Revenue 2024: $1,070,507Expenses 2024: $132,781Net Income 2024: $937,7262024Revenue 2025: $180,148Expenses 2025: $127,026Net Income 2025: $53,1222025

Highlighted filing

2023

Revenue$93,513
Expenses$125,210
Net Income-$31,697
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 4, 2023
Return Version
2022v5.0
Gross Receipts
$93,513
Mission and Program Overview

Mission

To be a catalyst for vibrant growth of each student in the Sequim School District.

Sequim education foundation's vision is to inspire and support a lifelong love of learning

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,333,754$1,428,443▲ $94,689
Savings and Temporary Cash Investments$69,597$36,833▼ $32,764
Cash and Non-Interest-Bearing Accounts$9,581$6,816▼ $2,765
Total Assets$1,412,932$1,472,092▲ $59,160
Liabilities
Accounts Payable and Accrued Expenses$915$1,256▲ $341
Total Liabilities$915$1,256▲ $341
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,412,017$1,470,836▲ $58,819
Total Net Assets Fund Balance$1,412,017$1,470,836▲ $58,819
Total Liabilities and Net Assets / Fund Balance$1,412,932$1,472,092▲ $59,160
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jessica ElliottExec DirectoPT$29,389$29,389

Board Members and Trustees

NameTitle
Philip TrowbridgePresident
Allison LotzgesellDirector
Jill DolceDirector
John BridgeDirector
Larry JeffryesDirector
Regan NickelsEx-officio M
Kathryn PacelliScholarship
Paul PacelliScholarship
Elna KawalScholarships
Sarah ThorsonScholarships
Ed KoszykowskiSecretary
Jody SpiveyTeaching Gra
Glenn BeachTreasurer
Jodi OlsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$43,001
Program Service Revenue
$0
Investment Income
$50,512
Other Revenue
$0
All Other Contributions
$43,001
Change in Net Assets
$-31,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$68,811
Salaries, Compensation, and Employee Benefits$32,085
Other Expenses$24,314
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$40,311--$40,311
Current Officers, Directors, Trustees, and Key Employees-$29,389-$29,389
Grants to Domestic Individuals$28,500--$28,500
Fees for Service Investment Mgmnt Fees-$17,551-$17,551
Fees for Services Accounting-$2,976-$2,976
Payroll Taxes-$2,696-$2,696
Insurance-$1,546-$1,546
Office Expenses-$1,160-$1,160
Other Expenses-$168-$168
Total Functional Expenses$68,811$56,399$0$125,210
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sequim School DistrictSequim, WA--$40,311
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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, Page 6, Part VI, Line 11B

“Board reviews form 990 and votes to accept the filing as complete and correct”

Form 990, Page 6, Part VI, Line 12C

“Board members annually sign a conflict of interest policy”

Form 990, Page 6, Part VI, Line 15A

“Hiring and salary approval for executive director was reviewed and recommended by olympic view community foundation and the phillips foundation. In addition, the port angeles education foundation, another local foundation, was consulted for comparable salary and benefits ranges. An sef board member presented her recommendation to the full sef board for approval.”

Form 990, Page 6, Part VI, Line 19

“Documents are available to the public upon specific request.”

Filing and Contact Details

Filer

Filer Name
Sequim Education Foundation
EIN
91-2122290
Phone
3604614455
Address
PO BOX 3065, SEQUIM, WA 98382

Signing Officer

Name
Philip Trowbridge
Title
President
Phone
3604614455
Signed
2023-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Trowbridge
Formed
2001
Voting Board Members
15
Independent Board Members
14
Employees
1
Volunteers
15

Preparer

Firm
Olympic Tax & Business Consulting LLC
Address
572 N 5TH AVE, SEQUIM, WA 98382
Preparer
Sherry Lacey CPA
Phone
3606928808
Raw XML AppendixShowing 400 of 404 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0915
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01256
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEQUIM EDUCATION FOUNDATION'S VISION IS TO INSPIRE AND SUPPORT A LIFELONG LOVE OF LEARNING
IRS990/AllOtherContributionsAmt043001
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0JUDITH JONES
IRS990/BooksInCareOfDetail/PhoneNum03604614455
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0408 TREE CT
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOLLY RIDGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028445
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09581
IRS990/CashNonInterestBearingGrp/EOYAmt06816
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt029389
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt029389
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt043001
IRS990/CYGrantsAndSimilarPaidAmt068811
IRS990/CYInvestmentIncomeAmt050512
IRS990/CYOtherExpensesAmt024314
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-31697
IRS990/CYSalariesCompEmpBnftPaidAmt032085
IRS990/CYTotalExpensesAmt0125210
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt093513
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TEACHING GRANTS - SEQUIM EDUCATION FOUNDATION (SEF) COLLABORATES WITH THE SEQUIM SCHOOL DISTRICT TO PROVIDE GRANT FUNDS FOR SPECIFIC ACADEMIC PROGRAMS THAT WOULD NOT OTHERWISE BE ABLE TO BE CONDUCTED IN THE DISTRICT. SEF WORKS CLOSELY WITH DISTRICT STAFF TO DETERMINE HOW BEST TO LEVERAGE EXISTING DISTRICT RESOURCES AND HAVE AS WIDE OF A PROGRAM FOOTPRINT AS POSSIBLE. THE SCALE OF SEF GRANTS RANGES FROM SINGLE CLASSROOM PILOT PROGRAMS TO LARGER PROGRAMS OPEN TO ALL STUDENTS IN THE DISTRICT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt040311
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02976
IRS990/FeesForServicesAccountingGrp/TotalAmt02976
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt017551
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt017551
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt025.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0JESSICA ELLIOTT
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN BRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm2JILL DOLCE
IRS990/Form990PartVIISectionAGrp/PersonNm3LARRY JEFFRYES
IRS990/Form990PartVIISectionAGrp/PersonNm4ELNA KAWAL
IRS990/Form990PartVIISectionAGrp/PersonNm5ALLISON LOTZGESELL
IRS990/Form990PartVIISectionAGrp/PersonNm6REGAN NICKELS
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHRYN PACELLI
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL PACELLI
IRS990/Form990PartVIISectionAGrp/PersonNm9JODY SPIVEY
IRS990/Form990PartVIISectionAGrp/PersonNm10SARAH THORSON
IRS990/Form990PartVIISectionAGrp/PersonNm11GLENN BEACH
IRS990/Form990PartVIISectionAGrp/PersonNm12ED KOSZYKOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm13JODI OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm14PHILIP TROWBRIDGE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt029389
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SCHOLARSHIPS
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EX-OFFICIO M
IRS990/Form990PartVIISectionAGrp/TitleTxt7SCHOLARSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt8SCHOLARSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt9TEACHING GRA
IRS990/Form990PartVIISectionAGrp/TitleTxt10SCHOLARSHIPS
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt040311
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt028500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt028500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt040311
IRS990/GrantsToDomesticOrgsGrp/TotalAmt040311
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt093513
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01546
IRS990/InsuranceGrp/TotalAmt01546
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt050512
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050512
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01333754
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01428443
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEQUIM EDUCATION FOUNDATION'S VISION IS TO INSPIRE AND SUPPORT A LIFELONG LOVE OF LEARNING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01412017
IRS990/NetAssetsOrFundBalancesEOYAmt01470836
IRS990/NetUnrlzdGainsLossesInvstAmt090516
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01412017
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01470836
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01160
IRS990/OfficeExpensesGrp/TotalAmt01160
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0WEBSITE
IRS990/OtherExpensesGrp/Desc1TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0913
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1168
IRS990/OtherExpensesGrp/TotalAmt0913
IRS990/OtherExpensesGrp/TotalAmt1168
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02696
IRS990/PayrollTaxesGrp/TotalAmt02696
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PHILIP TROWBRIDGE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS - SCHOLARSHIPS FOR PARTICIPATION IN THE ARTS AND STEM-BASED PROGRAMS ARE AWARDED. SCHOLARSHIPS ARE AWARDED TO DISTRICT STUDENTS GRADUATING FROM HIGH SCHOOL TO FACILITATE POST-SECONDARY EDUCATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt028500
IRS990/ProgSrvcAccomActy2Grp/GrantAmt028500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt063399
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt074659
IRS990/PYInvestmentIncomeAmt097371
IRS990/PYOtherExpensesAmt023241
IRS990/PYRevenuesLessExpensesAmt047779
IRS990/PYSalariesCompEmpBnftPaidAmt015091
IRS990/PYTotalExpensesAmt0112991
IRS990/PYTotalRevenueAmt0160770
IRS990/ReconcilationRevenueExpnssAmt0-31697
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt069597
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036833
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt043001
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt063399
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt056021
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt046219
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt031683
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0240323
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt050512
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt097371
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0185582
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt063123
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt092741
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0489329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt050512
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt097371
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0185582
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt063123
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt092741
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0489329
IRS990ScheduleA/InvestmentIncomeCYPct00.67000
IRS990ScheduleA/InvestmentIncomePYPct00.66000
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.32940
IRS990ScheduleA/PublicSupportPY509Pct00.33540
IRS990ScheduleA/PublicSupportTotal509Amt0240323
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt043001
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt063399
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt056021
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt046219
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt031683
IRS990ScheduleA/Total509Grp/TotalAmt0240323
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt093513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0160770
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0241603
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0109342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0124424
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0729652
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt028500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt013
IRS990ScheduleI/RecipientTable/CashGrantAmt040311
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SEQUIM SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0503 N SEQUIM AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEQUIM
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098382
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS FORM 990 AND VOTES TO ACCEPT THE FILING AS COMPLETE AND CORRECT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ANNUALLY SIGN A CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HIRING AND SALARY APPROVAL FOR EXECUTIVE DIRECTOR WAS REVIEWED AND RECOMMENDED BY OLYMPIC VIEW COMMUNITY FOUNDATION AND THE PHILLIPS FOUNDATION. IN ADDITION, THE PORT ANGELES EDUCATION FOUNDATION, ANOTHER LOCAL FOUNDATION, WAS CONSULTED FOR COMPARABLE SALARY AND BENEFITS RANGES. AN SEF BOARD MEMBER PRESENTED HER RECOMMENDATION TO THE FULL SEF BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON SPECIFIC REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01412932
IRS990/TotalAssetsEOYAmt01472092
IRS990/TotalAssetsGrp/BOYAmt01412932
IRS990/TotalAssetsGrp/EOYAmt01472092
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt043001
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056399
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068811
IRS990/TotalFunctionalExpensesGrp/TotalAmt0125210
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0915
IRS990/TotalLiabilitiesEOYAmt01256
IRS990/TotalLiabilitiesGrp/BOYAmt0915
IRS990/TotalLiabilitiesGrp/EOYAmt01256
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01412017
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01470836
IRS990/TotalProgramServiceExpensesAmt068811
IRS990/TotalReportableCompFromOrgAmt029389
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt050512
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt093513
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01412932
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01472092
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0150 WARD LANE
IRS990/USAddress/CityNm0SEQUIM
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098382
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.SEQUIMEDUCATIONFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP TROWBRIDGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03604614455
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEQUIM EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SEQU
ReturnHeader/Filer/EIN0912122290
ReturnHeader/Filer/PhoneNum03604614455
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3065
ReturnHeader/Filer/USAddress/CityNm0SEQUIM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098382
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464153109
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OLYMPIC TAX & BUSINESS CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0572 N 5TH AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEQUIM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098382
ReturnHeader/PreparerPersonGrp/PhoneNum03606928808
ReturnHeader/PreparerPersonGrp/PreparationDt02023-12-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHERRY LACEY CPA
ReturnHeader/ReturnTs02023-12-04T15:15:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHILIP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,472,092
Liabilities
$1,256
Net assets
$1,470,836
Revenue
$93,513
Expenses
$125,210
Net income
-$31,697
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$0.18$0.13$0.05
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.00$2.52$1.07$0.13$0.94
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.09$0.13$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$0.16$0.11$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.00$1.69$0.24$0.11$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.00$1.33$0.11$0.09$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$0.12$0.10$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.00$1.31$0.15$0.11$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.09$0.08$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.00$1.18$0.07$0.08$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.22$0.10$1.12$0.69$0.05$0.63
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.34$0.04$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.03$0.21$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.04$0.19$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.22$0.05$0.03$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits