The Woodmark Group
- Assets
- $3.5m
- Revenue
- $806.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Shoreline, WA
- Founding
- 02/2002
- Data as of
- 08/2021
- EIN
- 91-2070217
Organization Overview
The Woodmark Group is located in Shoreline, WA. The organization was established in 2002. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 08/2021, Woodmark Group employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodmark Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Woodmark Group generated $806.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $1.2m during the year ending 08/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE WOODMARK GROUP IS TO LEAD THE ADVANCEMENT OF PHILANTHROPY FOR CHILDREN'S HOSPITALS TO IMPROVE THE HEALTH OF CHILDREN EVERYWHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWO SURVEYS ARE GENERALLY PERFORMED. THE ANNUAL BENCHMARKING SURVEY,NOW IN ITS 25TH YEAR, MEASURES YEAR-END RESULTS ON EACH OF THE 26 HOSPITALS' FUND-RAISING PROGRAMS. DATA IS ANALYZED TO IMPROVE PROGRAM PERFORMANCE. THE ANNUAL TOTAL COMPENSATION SURVEY HAS BEEN COMPLETED FOR 19 YEARS BUT WAS NOT PERFORMED DURING THIS REPORTING PERIOD DUE TO THE VOLATILITY IN STAFF AND PAYROLL DURING THE COVID-19 PANDEMIC. WHEN PERFORMED, IT POSTS CURRENT TOTAL COMPENSATION METRICS FOR 29 POSITIONS WITHIN EACH OF THE 26 HOSPITALS' FUND-RAISING STAFFS. THIS DATA HELPS EXECUTIVES RECRUIT AND RETAIN TALENT AND CREATE A RELEVANT SOURCE OF DATA FOR INDEPENDENT COMPARISONS WHEN ESTABLISHING TOTAL COMPENSATION PACKAGES.
STRATEGIC PLANNING OCCURS TO ENSURE THAT THE ORGANIZATION IS MAKING PROGRESS ON ITS GOALS TO LEAD IN THE DEVELOPMENT OF PHILANTHROPY TO IMPROVE HEALTH OF CHILDREN EVERYWHERE.
THE WOODMARK SUMMIT IS THE ORGANIZATION'S ANNUAL TRAINING CONFERENCE. THE TRAINING PROGRAM IS ROOTED IN IDENTIFYING, SHARING AND MULTIPLYING THE IMPACT OF BEST-PRACTICES IN FUND-RAISING THAT HOSPITAL STAFF MEMBERS ARE EMPLOYING IN THE FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marion Woyvodich Exec Director | 40 | $228,396 | |
Lynn Susman Past Chairman | Officer | 1 | $0 |
Jim Saporito Treasurer | Officer | 1 | $0 |
Saifa Koonar Secretary | Officer | 1 | $0 |
Fred Scarborough Chairman | Officer | 1 | $0 |
Jennifer Darling Vice Chairman | Officer | 1 | $0 |
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 | $105,700 |
| Noncash contributions included in lines 1a–1f | $6,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,700 |
| Total Program Service Revenue | $700,000 |
| Investment income | $651 |
| 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 | $806,351 |
| 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. | $268,494 |
| Compensation of current officers, directors, key employees. | $268,494 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $265,324 |
| Pension plan accruals and contributions | $18,878 |
| Other employee benefits | $12,893 |
| Payroll taxes | $34,742 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,646 |
| Fees for services: Accounting | $59,750 |
| 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 | $9,579 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,736 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,891 |
| Insurance | $4,444 |
| All other expenses | $29,333 |
| Total functional expenses | $1,184,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,798 |
| Savings and temporary cash investments | $3,320,812 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $25,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,900 |
| Net Land, buildings, and equipment | $13,668 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $116,214 |
| Total assets | $3,527,392 |
| Accounts payable and accrued expenses | $82,430 |
| Grants payable | $0 |
| Deferred revenue | $825,000 |
| 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 | $0 |
| Total liabilities | $907,430 |
| Net assets without donor restrictions | $2,619,962 |
| 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 | $3,527,392 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Woodmark Group has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
The Oki Foundation Bellevue, WA PURPOSE: DEVELOP FUND-RAISING BEST PRACTICES TO HELP ORGANIZATIONS IN MAINTAINING CONTRIBUTIONS. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Woodmark Group Shoreline, WA | $3,527,392 | $806,351 |
Bedrossian Foundation Vancouver, WA | $4,035,775 | $197,213 |
Burkitts Lymphoma Fund For Africa Seattle, WA | $273,871 | $0 |
Main Street Dayton Charities Dayton, WA | $150,537 | $0 |
Nonprofit Network Of Southwest Washington Vancouver, WA | $26,848 | $0 |
Extra Strength Media Woodinville, WA | $4,814 | $0 |
Friends Of Our Community Inc Middleton, ID | $1,202 | $0 |