Whatcom Events EIN 27-1727583 Form 990 (PDF) Claim this org

Whatcom Events

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Organizes outdoor recreation and athletic events promoting healthy lifestyles and tourism in the Bellingham-Mount Baker region. For fiscal year 2025 it reported $695K in revenue, $637K in expenses, and $358K in net assets.Pt I

Founded
2010
Type
Membership association · Recreation & Sports
Location
Bellingham, WA
Website
www.skitosea.com
Filings
6 on file (2020–2025)
Revenue
$695KFY2025
Expenses
$637K
Net assets
$358K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-1727583 Membership association Bellingham, WA Founded 2010
Form 990 (PDF)
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Size
$100K–1M
What they do
Organizes outdoor recreation and athletic events promoting healthy lifestyles and tourism in the Bellingham-Mount Baker region.
Leadership
Jessa Loudon · Secretary
Money in and out
$695K revenue, $637K expenses
Bottom line
+8% operating surplus
Membership & operating revenue · FY2025
Total revenue
$695K
Pt VIII · Ln 12
Total expenses
$637K
Pt IX · Ln 25
Net assets
$358K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $58K
Where spending went · Part IX cols B–D
Program services $1.00
Operating surplus
+8%
revenue over expenses▼ -20% vs prior filing year
Earned revenue
67%
of revenue from program services & dues▼ -4% vs prior filing year
Payroll share
27%
of spending is salaries & benefits▼ -5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$695K
FY2025▲ +4%
Expenses
$637K
FY2025▲ +6%
Total assets
$359K
FY2025▲ +18%
Total liabilities
$1K
FY2025▼ -67%
Total revenue
$695K
Pt VIII · Ln 12
Total expenses
$637K
Pt IX · Ln 25
Net assets
$358K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$58K
Total assetsPt X · Ln 16$359K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWhatcom Events
EINHdr · item D27-1727583
Principal addressHdr · item CBellingham, WA
WebsiteHdr · item Jwww.skitosea.com
Year of formationHdr · item L2010
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFRecreation & Sports (N99)
Ruling yearIRS BMFJan 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $637K of program spending, described in the organization's own filed words · FY2025.
01

Whatcom Events was formed for the creation and management of outdoor recreation and athletic events that promote a healthy lifestyle along with the natural beauty of the Bellingham, Washington - Mount Baker region while helping to promote tourism.

$637Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$466K · 67%
Contributions & grants$199K · 29%
Other revenue$19K · 3%
Investment income$11K · 2%
Program service revenue67%$466K
Contributions & grants29%$199K
Other revenue3%$19K
Investment income2%$11K
Total revenueLn 12$695K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$637K
Total functional expensesLn 25$637K

Balance Sheet

Part X · end of year
CashLn 1$317K
Total assetsLn 16$359K
Total liabilitiesLn 26$1K
Total net assetsLn 32$358K
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $317K · Operating expenses/yr $637K
6.0 months
Where the money goes
Program services
Program services $637K · Total expenses $637K
100%
Management & General
Management & general $0 · Total expenses $637K
0%
Fundraising
Fundraising $0 · Total expenses $637K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $187K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $199K · Total revenue $695K
29%
Government reliance
Government grants — · Total revenue $695K
Earned-income share
Program service revenue $466K · Total revenue $695K
67%
Investment reliance
Investment income $11K · Total revenue $695K
+2%
Program self-sufficiency
Program service revenue $466K · Total expenses $637K
73%
Growth & trend
Revenue growth (YoY)
This year $695K · Prior year $668K
+4%
Net-asset trend (YoY)
End of year $358K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $695K · Expenses $637K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $359K
Net-asset ratio
Net assets $358K · Total assets $359K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $359K
0%
People & payroll
Highest Reported Total Compensation
Individual Jessa Loudon · Reported title Secretary · Highest reported compensation $0 · Total expenses $637K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $175K · Total expenses $637K
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$695K revenue · viewing · ⤓ 990 PDF
FY2024$668K revenue · ⤓ 990 PDF
FY2023$669K revenue · ⤓ 990 PDF
FY2022$467K revenue · ⤓ 990 PDF
FY2021$120K revenue · ⤓ 990 PDF
FY2020$18K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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