Lake Stevens Education Association
Nonprofit profile at a glance
- EIN
- 910980990
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-EZ 2012
- Location
- Lake Stevens, WA, USA
- Phone
- 4253353841
- Rating confidence
- Limited
Reported finances
- Revenue
- $372,687
- Expenses
- $372,008
- Assets
- $359,358
- Liabilities
- $146,877
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- AUTUMN MORRISON (PRESIDENT)
- DEBORAH SPEIRS (VICE-PRESIDENT)
Highest reported compensation
- AUTUMN MORRISON (PRESIDENT): $188,601 total reported compensation
- ANGELA KENDALL (SECONDARY DIRECTOR): $1,654 total reported compensation
- HARLIN HORRER (MIDDLE SCHOOL DIRECTOR): $723 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance the interest of the profession of teaching, to bargain collectively, and to promote the cause of education in the lake stevens school district.
What it reported doing in 2024
The association improves the quality of education for approximately 9,400 students and improves the working conditions for approximately 600 teachers in the lake stevens school district.
Operating model
- Revenue model
- Membership-supported. 98% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 33
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- 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: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.2%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 51.3%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.9% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 17.3% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $372K in reported program spending
- Leadership: top reported pay $189K · 9 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 4 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- 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.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 40/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.