Thornton Creek Parent Group
- Assets
- $341.7k
- Revenue
- $320.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 12/1981
- Data as of
- 07/2023
- EIN
- 91-1037596
Organization Overview
Thornton Creek Parent Group is located in Seattle, WA. The organization was established in 1981. According to its NTEE Classification (B21) the organization is classified as: Preschools, 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. Thornton Creek Parent Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Thornton Creek Parent Group generated $320.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $142.5k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE EDUCATIONAL PHILOSOPHIES AND OPERATIONS OF THORNTON CREEK ELEMENTARY SCHOOL THROUGH THE COMMITMENT OF VOLUNTEER HOURS AND FINANCIAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSROOM SUPPORT: SUPPORT FOR STAFFING POSITIONS AND TUTORS AT THORNTON CREEK.
EMERGENCY SUPPLIES: COSTS FOR EMERGENCY SUPPLIES FOR SCHOOL
STAFF TRAINING: COSTS FOR TEACHER PROFESSIONAL DEVELOPMENT
ARTS AND EXPEDITIONS: COSTS FOR INDIVIDUAL CLASSROOM SUPPLIES, LIBRARY MATERIALS, AND EXPEDITION FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Macdougall Chair | OfficerTrustee | 15 | $0 |
Jessica Knaster Wasse Vice Chair | OfficerTrustee | 5 | $0 |
Roddy Theobald Treasurer | OfficerTrustee | 5 | $0 |
Kristi Strauss Secretary | OfficerTrustee | 2 | $0 |
Sterling Maximo Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,727 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $298,939 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $320,666 |
| Total Program Service Revenue | $0 |
| Investment income | $142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $320,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,992 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,170 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,199 |
| All other expenses | $5,806 |
| Total functional expenses | $142,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,507 |
| Savings and temporary cash investments | $251,166 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $341,673 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $328,673 |
| Net assets with donor restrictions | $13,000 |
| 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 | $341,673 |
Grants Awarded
Over the last fiscal year, Thornton Creek Parent Group has awarded $222,010 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR EDUCATION PURPOSE: Community Support | $15,000 |
SEATTLE PUBLIC SCHOOLS PURPOSE: Classroom Tutoring | $207,010 |