Wea Olympic Council
- Assets
- $1.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Poulsbo, WA
- Founding
- 12/1972
- Data as of
- 08/2023
- EIN
- 91-0886217
Organization Overview
Wea Olympic Council is located in Poulsbo, WA. The organization was established in 1972. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wea Olympic Council is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Wea Olympic Council generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.7m during the year ending 08/2023. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE THE CAUSE OF PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPERESENTS ITS PUBLIC EDUCATION MEMBERS IN LABOR REGULATIONS AND COLLECTIVE BARGAINING; PROMOTES WELFARE OF PUBLIC EDUCATION SYSTEM TO THE COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Pickens President | OfficerTrustee | 20 | $75,366 |
Anita Lichter Valdez Vice Preside | OfficerTrustee | 5 | $400 |
Michelle Meredith Secretary | OfficerTrustee | 5 | $0 |
Diana Piersoll Treasurer | OfficerTrustee | 5 | $400 |
Becca Ritchie Board Member | Trustee | 5 | $400 |
John Richardson Board Member | Trustee | 5 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,468,359 |
| Investment income | $1,643 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,470,002 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $77,766 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $878,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $551,948 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,353 |
| 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 | $30,926 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,935 |
| Travel | $28,608 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,272 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,737 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,689,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,818 |
| Savings and temporary cash investments | $528,125 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,856 |
| 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 | $397,079 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,982 |
| Total assets | $1,252,860 |
| Accounts payable and accrued expenses | $154,842 |
| 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 | $360,081 |
| Total liabilities | $514,923 |
| Net assets without donor restrictions | $737,937 |
| Net assets with donor restrictions | $0 |
| 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 | $1,252,860 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wea Olympic Council Poulsbo, WA | $1,252,860 | $1,470,002 |
Olympic Peninsula Visitor Bureau Port Angeles, WA | $523,090 | $991,992 |
Olympic View Swim Club Inc Normandy Park, WA | $1,163,929 | $448,743 |
Marymoor Velodrome Association Redmond, WA | $253,865 | $275,211 |
Seattle Womens Hockey Club Seattle, WA | $172,619 | $284,232 |
Columbia Gorge Racing Association Portland, OR | $173,913 | $208,913 |
Olympic Logging Conference Kalama, WA | $151,868 | $0 |
Xc Oregon Bend, OR | $205,053 | $0 |
Tacoma Dragon Boat Association University Pl, WA | $234,195 | $0 |
Solstice Tkd Club Fairbanks, AK | $28,527 | $0 |
Catalyst Athletics Weightlifting Terrebonne, OR | $1,534 | $0 |