Spokane Favs

Nonprofit profile at a glance

EIN
474309024
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2018
Location
Pullman, WA, USA
Phone
5092401830
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Printing, Publishing

Reported finances

Revenue
$78,785
Expenses
$131,547
Assets
$785,044
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • RIFF MATTRE (President)
  • REBECCA TALLENT (President)

Highest reported compensation

  • TRACY SIMMONS (Executive Dir.): $36,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization believes in building community and in bridging divisions through independent, transparent journalism and commentary, and engagement that emphasizes inclusiion, acceptance, understanding, and respect. This makes way for a voice in the widest range of belief traditions with a particular interest in those whose voices have been muted or ignored. We strive to be politically neutral but recognize the intersection of ethics and values in any discussion of religion, politics, and ideological diversity.we demonstrate a wide-ranging worldview but remain depply rooted in our home, which is the inland northwest.

What it reported doing in 2024

The organization exists to produce journalism, maintain digital platform and organize community events both digitally and in person.in 2023, favs news reached 226,055 viewers and sent out 312 digital newsletters. The site published approximately 730 articles, including news and commentary as well as publishing thousands of events on our community calendar.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 90
  • Accountability: 18
  • Sustainability: 37
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 86%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -67%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 5.97; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 27.4%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 39.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: -54.9% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -3.2% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 86% of spending went to programs
  • Governance: 0 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $113K in reported program spending
  • Leadership: top reported pay $36K · 4 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 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 — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.