KidVantage

What it reported doing in 2024

KidVantage provides basic health, safety, nutritional and comfort items for babies and children (birth through age 12), and expectant mothers, who are living within our area of operations and are currently participating in a program within our network of agency partners. In service to our mission and strategic directions, KidVantage supported 78 active agency partners in 2024, including early learning centers, food banks, housing, maternal & infant health programs, medical services, and schools. The tangible assistance provided by KidVantage means kids have their nutrition, health, safety, and development needs met, promoting and protecting developing minds and bodies. At no cost to families or to our agency partners, we supply formula, diapers, hygiene items, clothing, car seats, beds, school supplies, and more. After three decades of service, KidVantage is the community's acknowledged expert in recycling, buying, and distributing essential goods for children experiencing poverty, homelessness, or family disruption. KidVantage takes in donations of children's clothing and goods from the community at locations in Issaquah and Shoreline in King County and Bremerton in Kitsap County and purchases critical and consumable goods, including baby food, formula, car seats, pack n' play beds, and diapers. All items are then sorted and bundled into customized orders by staff or volunteers and distributed through partner-providers such as case managers, public health nurses, and school counselors to families in their programs. Through this network of programs, over 3,000 children (unduplicated) each month get the essentials they need for healthy development. During 2024, families accessed KidVantage assistance through 256 program sites in King, Snohomish, Kitsap, Mason, and Pierce counties. KidVantage supported 18,033 unduplicated recipients in 2024. Of the 8,798 standard recipient households assisted, 80% of the households were very low/low income, 29% housing insecure, 67% of the children were age 4 and under, 27% identified as Hispanic/Latinx, 20% as Black/African-American, 21% white, 5% Middle Eastern, 7% Asian, 6% as multiracial, 2% each American Indian/Alaskan Native or Native Hawaiian/Pacific Islander, and 8% unknown. In 2024, KidVantage distributed 203 332 product orders of essential goods; the orders included 2,125,709 diapers, 4,444,800 diaper wipes, 7,428 cans of infant formula, 12,475 Big Bundles of clothing to kids, 2,615 car seats, 17,185 pairs of shoes, 39,078 pairs of underwear, and 11,724 baby food meals. Over 5,400 volunteers donated 27,515 hours in 2024.

Financial Efficiency

• Mission deployment rate: 82%; rating input score 82
• Program expense ratio: 89.2%; rating input score 89
• Fundraising efficiency: $18.09 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
• Pay-setting controls: Limited
• 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 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 8.2%; rating input score 59; 59th percentile among comparable filings
• Total-asset coverage ratio: 0.64; rating input score 23; 23rd percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 59; 59th percentile among comparable filings
• Officer compensation ratio: 2.1%; rating input score 75; 75th percentile among comparable filings

Growth

• Program expense growth: 3.2% per year; rating input score 100; 29th percentile among comparable filings
• Revenue growth: 5.3% per year; rating input score 100; 43rd percentile among comparable filings
• Asset growth: 9.5% per year; rating input score 100; 57th percentile among comparable filings