Washington Future Problem Solving

Nonprofit profile at a glance

EIN
911728780
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Bothell, WA, USA
Phone
9703109070
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Reported finances

Revenue
$137,525
Expenses
$126,334
Assets
$67,797
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • KARI BEYER (BOARD PRESIDENT)
  • MICHELLE GORDON (BOARD VICE PRESIDENT)

People named in this filing

  • MATTHEW BOHANNAN (AFFILIATE DIRECTOR)
  • ANN FOREYT (EVALUATION DIRECTOR)
  • HINA GOLANI (TREASURER/BOOKKEEPER)

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

Educational. To motivate and assist participants to develop and use creative thinking skills, learn about complex issues that will shape the future, develop an active interest in the future, develop and use written and verbal communication skills, learn and utilize problem solving strategies, develop snf udr teamwork skills, develop and use research skills, and develop and use critical and analytical thinking skills.

What it reported doing in 2024

The organization serves approximately 2,000 people in Washington state by organizing and staffing numerous tournaments where school children are involved in positive, creative, and analytical teamwork activities. This activity is made possible by fees paid by the school districts and parents, and many volunteer hours. Ending the year with a state bowl where approximately 400 students and 50 adults attend this three-day event where students compete.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.9%; rating input score 88
  • Program expense ratio: 95.7%; 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: 8.1%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 28.3%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 30.7% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 20.1% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 20.7% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 87.9% of revenue deployed · 95.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $121K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Sustainability: Operating margin scored 54/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.