WASHINGTON STATE OPPORTUNITY SCHOLARSHIP FOUNDATION Charity Report

Public IRS 990 nonprofit record

WASHINGTON STATE OPPORTUNITY SCHOLARSHIP FOUNDATION

EIN 93-3293868 · Scholarships & Student Financial Aid (B82)

What they do

TRANSFORM WASHINGTON STATE BY BUILDING PATHWAYS to HIGH-DEMAND JOBS THAT STRENGTHEN OUR COMMUNITIES and ECONOMY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

170.17%of revenue went to mission work85.3% of expenses · Program services

9.35%of revenue went to fundraising4.7% of expenses

$199.55spent for every $100 of revenueSpending was higher than revenue this year.

20.03%of revenue went to management and office costs10.0% of expenses

$7.23in assets for every $1 spent this yearSome assets cannot be spent right away.

90.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $8,405,915 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $73,370 for KIMBER CONNORS (EXECUTIVE DIRECTOR, WSOSF). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,443,730

Mission workProgram services$14,368,966170.17% of revenue85.3% of expenses

ManagementOffice and general costs$1,691,27220.03% of revenue10.0% of expenses

FundraisingAsking for donations$789,4079.35% of revenue4.7% of expenses

Total expenses$16,849,645199.55% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$8,443,730

Expenses$16,849,645

Annual shortfall $8,405,915 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$14,368,966 · 85.3% of expenses

Management and office costs$1,691,272 · 10.0% of expenses

Fundraising$789,407 · 4.7% of expenses

See all reported dollar amounts

Revenue$8,443,730

Expenses$16,849,645

Assets$121,816,675

Income$10,848,332

Contributions$7,676,581

Mission work (program services)$14,368,966

Fundraising$789,407

Grants given$79,800

Average grant$7,980

Management and general$1,691,272

Stocks and bonds$103,837,319

Accounting fees$82,200

Investing fees$28,606

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KIMBER CONNORSEXECUTIVE DIRECTOR, WSOSF · 40 hrs/week $73,370Base $66,061 · Other $7,309

JOHNATHAN LUSTERINTERIM EXECUTIVE DIRECTOR, WSOS · 40 hrs/week $68,995Base $63,738 · Other $5,257

GARRY HOFFMANFINANCE DIRECTOR · 40 hrs/week $23,590Base $21,515 · Other $2,075

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

KIMBER CONNORSEXECUTIVE DIRECTOR, WSOSF

JOHNATHAN LUSTERINTERIM EXECUTIVE DIRECTOR, WSOS

GARRY HOFFMANFINANCE DIRECTOR

GINA BREUKELMANBOARD MEMBER

JAVANIA POLENSKABOARD MEMBER

JEANETTE MUNOZ-COLONEXECUTIVE DIRECTOR, WSOS FROM 06/25

JESSICA PEETBOARD PRESIDENT

JOLENTA COLEMAN-BUSHSECRETARY

MELISSA LINDGREN OKEEFECOMPTROLLER FROM 05/25

About this charity

Recognized since: January 2024
Location: 1414 31ST AVE S STE 302, SEATTLE, WA 98144-3955
County: King
In care of: % WASHINGTON STATE OPPORTUNITY SCHO
Primary officer: KIMBER CONNORS, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(206) 800-8025

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLARK NUBER PS
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid
Grant-giving organization: Yes