Puget Sound Voyaging Society

Nonprofit profile at a glance

EIN
800337485
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Chimacum, WA, USA
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$187,395
Expenses
$163,993
Assets
$379,329

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Brent Bellamy (Executive Director)
  • Meredith Barrett (Board President)

People named in this filing

  • Brent Bellamy (Executive Director)
  • Meredith Barrett (Board President)
  • Marci VanCleve (Secretary)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Education: Mission Statement To enhance our community through dynamic intergenerational programs that foster critical thinking problem-solving and teamwork.

What it reported doing in 2025

Building Towards Tomorrow partnership with Chimacum School District students are introduced to the trades with hands-on building and design experiences.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 100
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.8%; rating input score 70
  • Program expense ratio: 76.7%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 12.5%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 2.31; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 48.8%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 69.8% of revenue deployed · 76.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $126K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Officer compensation ratio scored 5/100.