Lake Stevens Education Association
- Assets
- $255.1k
- Revenue
- $334.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Lake Stevens, WA
- Founding
- 07/1977
- Data as of
- 08/2022
- EIN
- 91-0980990
Organization Overview
Lake Stevens Education Association is located in Lake Stevens, WA. The organization was established in 1977. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Stevens Education Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2022, Lake Stevens Education Association generated $334.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $301.6k during the year ending 08/2022. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING WORKING CONDITIONS AND EDUCATION IN THE LAKE STEVENS SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION IMPROVES THE QUALITY OF EDUCATION FOR 9,267 STUDENTS AND IMPROVES THE WORKING CONDITIONS FOR 573 TEACHERS IN THE LAKE STEVENS SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Autumn Morrison President | Officer | 40 | $5,000 |
Deborah Speirs Vice-President | Officer | 4 | $800 |
Angela Kendall Secretary | Officer | 2 | $0 |
Vacant Treasurer | Officer | 0 | $0 |
Tami Arnsbarger Director | Trustee | 0.5 | $0 |
Larry Roble Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $328,478 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,009 |
| Total Program Service Revenue | $0 |
| Investment income | $76 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,187 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,841 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,612 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,641 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,580 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,446 |
| Interest | $0 |
| Payments to affiliates | $99,718 |
| Depreciation, depletion, and amortization | $753 |
| Insurance | $357 |
| All other expenses | $0 |
| Total functional expenses | $301,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,730 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,637 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,008 |
| Net Land, buildings, and equipment | $2,684 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $255,059 |
| Accounts payable and accrued expenses | $40,195 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $40,195 |
| Net assets without donor restrictions | $214,864 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $255,059 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Education Association Federal Way, WA | $59,466,784 | $48,703,845 |
Villagereach Seattle, WA | $15,448,958 | $26,159,382 |
The Institute For Functional Medicine Federal Way, WA | $14,741,299 | $15,787,769 |
Fund For Portland Public Schools Portland, OR | $3,364,436 | $3,238,281 |
Anchorage Education Association Anchorage, AK | $3,817,216 | $3,629,893 |
Seattle Education Association Seattle, WA | $6,257,277 | $3,223,958 |
Grantmakers For Education Portland, OR | $2,688,275 | $2,298,570 |
Washington Education Association At Riverside Vancouver, WA | $2,338,704 | $1,432,560 |
Matanuska Susitna Education Assoc Palmer, AK | $832,357 | $1,455,567 |
Spokane Education Association Inc Spokane, WA | $1,140,400 | $1,403,418 |
Pacific Northwest Waterways Association Portland, OR | $989,321 | $1,176,223 |
Teachers Development Group Portland, OR | $1,251,272 | $1,481,022 |