Washington Food Industry Association

Nonprofit profile at a glance

EIN
910462216
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Olympia, WA, USA
Phone
3607535177
Rating confidence
Limited

Reported finances

Revenue
$1,408,276
Expenses
$1,129,616
Assets
$5,402,813
Liabilities
$3,555,456

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

Leadership & pay

29 people listed

Executive titles in this filing

  • RAY SPRINKLE (PRESIDENT)
  • TAMMIE HETRICK (PRESIDENT & CEO)

Highest reported compensation

  • TAMMIE HETRICK (PRESIDENT & CEO): $209,633 total reported compensation
  • KATIE BEESON (DIRECTOR GOVERNMENT AFFAIRS): $138,243 total reported compensation

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

Overview

Mission

Washington food industry association (wfia) is the only state-based organization dedicated to promotion and protection of the grocery industry since our founding in 1899. Wfia is composed of independent retailers. Meaning privately owned or controlled food retail companies operating in a variety of formats, and the many wholesale distributors, food vendors/manufacturers and service suppliers who support and work with their retailers, independents are the true "entrepreneurs" of the grocery industry and are dedicated to their customers, associates, and neighbors, and are often the hearts of their communities. Wfia strives to protect and promote independents and their suppliers through programs that save money in retrospective rating and reduces excessive burdens or barriers for employers by working with state legislature and local governments.

What it reported doing in 2024

For 127 years, wfia has supported and protected the independent grocers' opportunities for our members to connect with each other and their legislators. It is our hope that this legacy continues as we grow as an association and find creative ways to better serve our members in this coming year.the Washington food industry association represents approximately 553 food and beverage retail, wholesale, manufacturers and associate members who work together through legislative action to assure that every level of the food and beverage industry is able to operate at a profit without undue government interference. In addition, we foster replationship building between retailers and suppliers to bring new and exciting products to market. Wfia created affiliate relationships with Washington neighborhood stores, Washington winery institute, and Washington brewers guild to allow their members to become members of wfia and utilize offered enhanced services. Finally, wfia focuses on saving members money through reducing the cost of doing business in workers' compensation and education in compliance with federal and state laws, the workers' compensation retrospective program returned 5.8 million dollars to participating members.

Operating model

Revenue model
Earned-program. 87% of the money available for current operations came from fees and other program revenue.
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: 74
  • Accountability: 90
  • Sustainability: 62
  • 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; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.8%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 4.78; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.66; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 30.8%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -5% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 8.8% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 27 of 27 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $210K · 29 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 11 of 11 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.