COMMUNITY FOUNDATION OF SNOHOMISH COUNTY Charity Report

Public IRS 990 nonprofit record

COMMUNITY FOUNDATION OF SNOHOMISH COUNTY

EIN 94-3188703 · Community Foundations (T31)

What they do

The Community Foundation of Snohomish County (the Foundation) is A Nonprofit, Tax-exempt Organization Incorporated Under The Laws of The State of Washington. The Foundation Serves As A Community Foundation, Supporting A Broad Spectrum of Philanthropic Interests, Including Arts and Culture, Health and Welfare, Education, Human Services, The Environment, and Community Development. The Foundations Mission is to Strengthen Community and Thoughtfully Change Lives In Greater Everett and Snohomish County. It Carries Out This Mission By Building Permanent Charitable Funds, Connecting Donors to Charitable Causes, Making Effective Grants, and Providing Leadership to Address Community Issues. The Foundation Fulfills Multiple Rolesas A Funder, Partner, and Catalyst for Changeand is Committed to Advancing Equity By Dismantling Systemic Racism and Oppressive Practices Within Both Its Organization and The Broader Community.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.20 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 leaders17 people are listed in the latest report.

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

Money made simple

132.85%of revenue went to mission work94.2% of expenses · Program services

1.80%of revenue went to fundraising1.3% of expenses

$140.99spent for every $100 of revenueSpending was higher than revenue this year.

6.34%of revenue went to management and office costs4.5% of expenses

$4.22in assets for every $1 spent this yearSome assets cannot be spent right away.

75.2%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 $3,842,592 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $179,683 for KARRI MATAU (PRESIDENT & CEO). 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$9,373,705

Mission workProgram services$12,453,169132.85% of revenue94.2% of expenses

ManagementOffice and general costs$594,1516.34% of revenue4.5% of expenses

FundraisingAsking for donations$168,9771.80% of revenue1.3% of expenses

Total expenses$13,216,297140.99% of revenue

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

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 94.2% mission · 4.5% management · 1.3% fundraisingTotal expenses: 140.99% of revenue

2023Expense mix: 94.3% mission · 4.1% management · 1.5% fundraisingTotal expenses: 122.49% of revenue

2022Expense mix: 90.8% mission · 6.5% management · 2.7% fundraisingTotal expenses: 43.33% of revenue

2021Expense mix: 89.5% mission · 7.3% management · 3.3% fundraisingTotal expenses: 24.13% of revenue

2020Expense mix: 97.3% mission · 2.4% management · 0.4% fundraisingTotal expenses: 99.28% of revenue

2019Expense mix: 96.4% mission · 2.7% management · 0.9% fundraisingTotal expenses: 69.53% of revenue

2018Expense mix: 94.4% mission · 3.8% management · 1.8% fundraisingTotal expenses: 88.73% of revenue

2017Expense mix: 95.4% mission · 3.0% management · 1.7% fundraisingTotal expenses: 75.83% of revenue

Money in and money out

Revenue$9,373,705

Expenses$13,216,297

Annual shortfall $3,842,592 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)$12,453,169 · 94.2% of expenses

Management and office costs$594,151 · 4.5% of expenses

Fundraising$168,977 · 1.3% of expenses

See all reported dollar amounts

Revenue$9,373,705

Expenses$13,216,297

Assets$55,744,264

Income$24,097,280

Contributions$7,051,446

Mission work (program services)$12,453,169

Fundraising$168,977

Grants given$46,655,554

Average grant$48,049

Management and general$594,151

Executive compensation (total)$146,806

Investing fees$129,503

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

KARRI MATAUPRESIDENT & CEO · 40 hrs/week $179,683Base $171,039 · Other $8,644

ANGELIQUE LEONEVICE PRESIDENT · 40 hrs/week $147,599

JOHN SESEFINANCE DIR. · 40 hrs/week $121,366

ADRIAN MOBLEYDIRECTOR OF HR · 40 hrs/week $116,876

MUSU SAWODIR. OF GRANTS · 40 hrs/week $105,241

ALVARO GUILLENCASINO RD E.D. · 40 hrs/week $102,807

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 (17)

KARRI MATAUPRESIDENT & CEO

ANGELIQUE LEONEVICE PRESIDENT

JOHN SESEFINANCE DIR.

ADRIAN MOBLEYDIRECTOR OF HR

MUSU SAWODIR. OF GRANTS

ALVARO GUILLENCASINO RD E.D.

DR GERRY EBALAROZA-TUNNELLCHAIR - ELECT

JOEL EDWARDSTREASURER ELECT

DR FELISA BRYANTDIRECTOR

CYNTHIA ANDREWSDIRECTOR

KRISTIN GARCIATREASURER

MARIA BEGRENSSECRETARY

CHRISTIAN OLSONDIRECTOR

NASHIKA STANBROCHAIR

RAMIRO HIGUERADIRECTOR

SARAH DUNCANDIRECTOR

SCOTT CALLAHAN JRDIRECTOR

About this charity

Recognized since: January 2006
Location: 2823 ROCKEFELLER AVE, EVERETT, WA 98201-3524
County: Snohomish
In care of: Nashika Stanbro
Primary officer: Nashika Stanbro, Chair

How to reach them

WebsiteVisit the charity’s website Phone(425) 212-4056

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JACOBSON LAWRENCE & ASSOCIATES PLLC
NTEE classification: Community Foundations (T31)
IRS tax category: Community Foundations
Grant-giving organization: Yes