Vibrant Schools of Puget Sound

Nonprofit profile at a glance

EIN
874400679
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Tacoma, WA, USA
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$94,450
Expenses
$91,765
Assets
$20,526

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Kimi Irene Ginn (President and CEO)

People named in this filing

  • Kimi Irene Ginn (President and CEO)
  • DeWayne Lindh (Treasurer)
  • Lynese Redeemer (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Vibrant Schools of Puget Sound work is equity focused educational advocacy in public school systems.

What it reported doing in 2024

-Vibrant Schools of Puget Sound VSOPS serves on Tacoma School Districts Equity Policy Review Team to ensuring that all policies in the district are anti-racist equitable and fair. The impact serves over 28,000 students. To date over forty 40 policies have been revised and updated. -VSOPS continues youth activism activities in Lakes High School and Claudia Thomas Middle School in the Clover Park School District. Thirty students participated in workshops project presentations book readings and discussions focused on effective student leadership techniques and age-appropriate equity advocacy practices. -VSOPS collaborates with partnered organizations in the greater Puget Sound area who are fully engaged in anti-racist educational advocacy initiatives. Our staff attend meetings serve as panelists and moderators at anti-racist workshops.

Operating model

Revenue model
Donor-supported. 100% 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 - 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 29
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.2%; rating input score 97
  • Program expense ratio: 100%; rating input score 100

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: 2.8%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 58.8%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -1.4% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: -33.1% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 14% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 97.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $92K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 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: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.