Skagit Community Foundation

Community Development · Mount Vernon, Washington

1220 Memorial Hwy Ste C, Mount Vernon, WA 98273-3210

EIN: 911572414· Founded: Mar 1995· 31 years active· Filing Year: 2023

Annual Revenue

$5.6M

Total Expenses

$2.4M

Total Assets

$12.9M

Program Spending

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$110K

4.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$63K

Total Payroll

$173K

7% of total expenses

Programs: 0%

Payroll: 7%

Other overhead: 100%

Program Revenue$6K (0%)

Total Expenses$2.4M (44%)

Payroll$173K (7%)

Overhead (non-program)100%

Program Spending Ratio

0% of expenses go to programs

40%

Revenue & Stability

$5.6M annual revenue

15%

Executive Compensation

$110K total officer comp (4.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$12.9M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.