Greentrike

What it reported doing in 2024

Museums, education, play 2 learn: the children's museum of tacoma (cmt) and the children's museum at jblm (cm@jblm) honor children and youth and champion play. The museums are made widely accessible through the pay as you will admission program, which allows visitors to donate based on their ability to pay. Thanks to the accessibility of greentrike's pay as you will admission program, 90% of visitors participated in the learning experiences offered at both museums. Each museum features five playscapes that encourage imaginative, child-directed play. Both museums also offer sparks, a play-based arts program that nurtures self-expression, introduces artistic techniques, and encourages creativity inspired by the museum setting. Guided by a staff artist, sparks provides hands-on, open-ended art experiences that spark curiosity and creative exploration for both children and caregivers. In 2024, cmt welcomed more than 78,000 visitors, including 1,115 during low sensory hours, which are reserved for children with special needs. Cm@jblm welcomed more than 41,100 visitors, with 518 attending during low sensory hours. Sparks served 1,841 participants through 62 workshops held at both museums. Greentrike's play to learn is a free program for children and adults to play and learn together offered at community locations throughout pierce county. Play to learn is for parents, grandparents, neighbors, family, and friends who nurture children ages six and under. Thematic curriculum invites individual play, fun group activities, songs, and a whole group circle time for children and adults to enjoy together. Play to learn is an essential resource for caregivers who lack the financial resources to enroll their children in preschool and have limited social connections. As an accessible and relevant option for traditional preschool. For many families, there's no comparable alternative to the high-quality, child-directed learning that play to learn provides. Caregivers engage in activities alongside their children while building connections with other families, creating a supportive network for sharing challenges, solutions, and resources. Preschoolers gain social skills, practice collaboration, and explore play-based learning that lays a strong foundation for lifelong learning. During the 2023-2024 program year, play to learn offered 330 classes, and provided services to 12,646 participants, 7,073 of whom were children.

Financial Efficiency

• Mission deployment rate: 73.6%; rating input score 74
• Program expense ratio: 63%; rating input score 63
• Fundraising efficiency: $3.41 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• 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: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -16.6%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 1.17; rating input score 42; 42nd percentile among comparable filings
• Liabilities to assets ratio: 0.5; rating input score 21; 21st percentile among comparable filings
• Officer compensation ratio: 13.6%; rating input score 21; 21st percentile among comparable filings

Growth

• Program expense growth: 12.4% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 7.9% per year; rating input score 100; 59th percentile among comparable filings
• Asset growth: 8.9% per year; rating input score 100; 54th percentile among comparable filings