Edmonds Driftwood Players

Nonprofit profile at a glance

EIN
916060943
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Edmonds, WA, USA
Phone
4257749600
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$566,966
Expenses
$593,951
Assets
$485,595
Liabilities
$219,117

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DAVID AHLVERS (VICE PRESIDENT)
  • HEATHER LAKEFISH (PRESIDENT & TREASURER)

People named in this filing

  • DAVID AHLVERS (VICE PRESIDENT)
  • JIM HENDRICKSON (BOARD DIRECTOR)
  • HEATHER LAKEFISH (PRESIDENT & TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Edmonds driftwood players (edp) is a volunteer-based, 501(c)(3) nonprofit community theatre that provides quality live theatre productions and longstanding outreach, education, scholarship, and volunteer programs. Founded in 1958, edp is one of the state's oldest continuously operating community theatres and an active member of Washington's first certified creative district in edmonds. Edp has a small staff, a board of directors, and a year-round community volunteer program that is open to anyone aged twelve and above. Volunteers donated almost 16,000 hours of their time in support of edp's productions and programs this season. At edp, we take pride in opening our doors to those who are curious or have always wanted to be involved with theatre but never had the chance. Everyone is welcome at edp.

What it reported doing in 2024

Education, scholarship, and outreach: education is a life-long pursuit, and edp increases opportunities to see theatre, build theatre skills, and use live theatre to educate the community. Edp's education program connected sixty-three students ages 6 18 with instructors and material that taught skills and built confidence to pursue opportunities inside and outside of the theatre. Tuition assistance in the form of scholarships increased access to the program. Edp also supported theatre education in king and snohomish counties by loaning resources to enhance school productions and awarding long-standing scholarships of $1,000 each to three students pursuing higher education in theatre arts and theatre technology. Also, edp donated 117 ticket passes to schools, arts and culture, and other nonprofits in king and snohomish counties to support their fundraising efforts. Edp's outreach program, take a kid to the theatre, invited youth and their families experiencing housing insecurity in snohomish county to performances at no cost. Our outreach efforts increase opportunities to participate in theatre arts and the community.

Operating model

Revenue model
Earned-program. 64% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.9%; rating input score 94
  • Program expense ratio: 84.4%; rating input score 84
  • Fundraising efficiency: $3.44 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -4.8%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 93.9% of revenue deployed · 84.4% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $501K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • High — Sustainability: Operating margin scored 24/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.