ZUnclassifiedEIN: 203209113· Ruling Year: 2007

Lake Whatcom Center Foundation

Bellingham, Washington

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org21.42×
Peer Median15.40×
💰
$1.1M
Total Revenue
📊
$932K
Total Expenses
🏦
$20.0M
Net Assets
📋
$7.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-12.8%
Year-over-year change (2022 → 2023)
Net Margin
+13.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
21.42
Net assets divided by total expenses
Liabilities-to-Assets
26.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,078,24813%$931,5133%$27,286,34818%
2022$1,236,6584%$900,5232%$23,035,6654%
2021$1,190,66510%$882,63913%$22,118,8514%
2020$1,327,28825%$780,11211%$21,182,8246%
2019$1,775,23664%$705,9626%$19,902,58512%
2018$1,082,68817%$751,07228%$17,784,1202%
2017$1,311,3132%$584,5011%$17,426,91810%
2016$1,283,93811%$593,1677%$15,853,5756%
2015$1,151,8203%$553,30424%$14,954,6014%
2014$1,189,9141%$445,083$14,447,20911%
2013$1,176,07947%$446,36841%$12,966,6458%
2012$2,235,273$316,730$11,990,789

Frequently Asked Questions

What does Lake Whatcom Center Foundation do?

Lake Whatcom Center Foundation is a unclassified nonprofit organization based in Washington. It is classified under NTEE code Z99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Whatcom Center Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Lake Whatcom Center Foundation has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lake Whatcom Center Foundation generate?

Lake Whatcom Center Foundation reports $2.9M in annual revenue and holds $28.5M in total assets, based on IRS filings.

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