Shorenorth Parent Education Center
Nonprofit profile at a glance
- EIN
- 911196545
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Shoreline, WA, USA
- Phone
- 2064401411
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $89,067
- Expenses
- $79,741
- Assets
- $55,514
- Liabilities
- $7,955
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Jen Belcourt (Director)
- Emma O'Neill-Meyers (Board Chair)
- Patience Pennington (Vice-Chair)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cooperative preschool
What it reported doing in 2024
The preschool in conjunction with Shoreline Community College, provides parent education and college credit to over 60 parents of preschoolers. Discussion groups with the teacher as well as special guest speakers help parents better understand early childhood development
Operating model
- Revenue model
- Earned-program. 66% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 43
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86%; rating input score 86
- Program expense ratio: 96%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.5%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 45.8%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -1.7% per year; rating input score 0; 43rd percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: -10.5% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 86% of revenue deployed · 96% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $77K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.