First Five Fundamentals

Tax-deductible

Tacoma, WA501(c)(3)Youth DevelopmentEIN 80-0209462Revenue $3.3M in FY2024

On file with the IRSfirst5fundamentals.org1501 Pacific Ave Ste 201, 98402-3317 · Tacoma, WATax-exempt since Jan 2015Publicly supported charity — 170(b)(1)(A)(vi)

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Founded in 2008, First 5 FUNdamentals (F5F) is a non-profit organization with a mission to support community-based initiatives in achieving their collective goals for children and families. Our team is passionate about making the world a better place for children and families by harnessing the strengths and ideas that live within communities. As our name states, the first 5 years of life are fundamental. Our role is to support cross-sector leaders in early childhood, to help make their collective vision for children and families a reality. F5F currently supports four initiatives Project Child Success, Help Me Grow Pierce County, Washington Communities for Children, and Northwest Early Learning Coalition.

501(c)(3) charity; gifts are tax-deductible.
Run by 6 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $248K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
168%
of spending
Looks good: 168% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$240K
to officers and key staff · 8% of spending
Top officer’s pay higher than 54% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $891K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$347K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.3M
-21% vs prior year
Spent
$3.1M
To programs
168%
Net assets
$2.3M
By yearFY2020–FY2024
Revenue
$3.3M
FY2024▼ -21%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$3.7M
FY2022$4.7M
FY2023$4.2M
FY2024$3.3M
Expenses
$3.1M
FY2024▼ -34%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$3.5M
FY2022$3.7M
FY2023$4.6M
FY2024$3.1M
Net assets
$2.3M
FY2024▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$1.4M
FY2022$2.4M
FY2023$2.0M
FY2024$2.3M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

168 cents of each dollar spent went to programs.

Program services 168% · $5.1M Management & general 24% · $725K Fundraising 1% · $28K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $240K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$133,572Pt VII · Sec A
Deputy Director
$106,658Pt VII · Sec A
Secretary Start August
$0Pt VII · Sec A
Treasurer Start August
$0Pt VII · Sec A
President, Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary & Treasurer Until August
$0Pt VII · Sec A

Maile Hadley’s $134K as Executive Director is at the 54th percentile of top reported officer pay among 1552 $1–10M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Susan Barbeau——$136,000$101,583$91,525
Maile Hadley$133,572————
Katherine Ginn$106,658$107,626———
Mirna Fritz—$100,225———
Mary Lloyd 4123-123123—$99,274———
Susan Barbeau 1123-43023—$43,917———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports community leaders to achieve collective goals for children and families.

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Provided by the organization

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3 programs · $5.1M · in their own filed words · FY2024
01

The pierce county early childhood network (formerly help me grow pierce county and project child success) supports a network of organizations and individuals serving families with young children including family resource navigation at a local call center, the diaper bank network, technical assistance and funding for child care providers…

$3.5Mprogram expense
02

Washington Communities for Children

Washington communities for children (WCFC) is a network of regional coalitions with a mission to connect local and statewide efforts to improve the well-being of children, families, and communities. There are ten WCFC regions across washington state that together have trusted relationships with over 1,000 organizations and individuals.

$1.6Mprogram expense
03

Northwest Early Learning Coalition

Northwest early learning coalition is a regional coalition linking five county coalitions across island, san juan, skagit, snohomish, and whatcom counties with a mission to make excellence in early learning achievable and sustainable for every child in northwest washington.

$9Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Perigee FundFY2024$500K
Total grants receivedfrom 5 funders$891K
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.3M
Ln 12
Gifts and grantsLn 1h$5.1M
Investment incomeLn 3$43K
Money outPt IX
$3.1M
Ln 25
Programscol B$5.1M
Managementcol C$725K
Fundraisingcol D$28K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.7M
LiabilitiesLn 26$347K
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.1M
Government grantsLn 1e$4.4M
Noncash giftsLn 1g$80K
Investment incomeLn 3$43K
Gains on assetsLn 7$2K
Total revenueLn 12$3.3M
Assets in detailPt X, end of year
CashLn 1$137K
SavingsLn 2$991K
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$231K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$2.7M
LiabilitiesLn 26$347K
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 56
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M$1.1M
InvestmentsLn 11–13$215K$231K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$2.7M$1.9M
LiabilitiesLn 26$377K$347K
Net assetsLn 32$2.3M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$241K$241K
Pay of current officers, directors and key staffLn 5$152K$130K$22K
Other salaries and wagesLn 7$1.2M$1.1M$177K
Pension plan contributionsLn 8$23K$20K$3K
Other employee benefitsLn 9$94K$81K$12K
Payroll taxesLn 10$130K$112K$18K
Legal feesLn 11b$23K$23K
Accounting feesLn 11c$314K$314K
Lobbying feesLn 11d$53K$53K
Investment management feesLn 11f$1K$1K
Other fees for servicesLn 11g$3.2M$3.2M$61K$19K
Advertising and promotionLn 12$23K$21K$2K$996
Office expensesLn 13$13K$13K
Information technologyLn 14$39K$20K$19K$22
OccupancyLn 16$2K$2K
TravelLn 17$31K$18K$13K
Conferences, conventions and meetingsLn 19$55K$45K$10K
InsuranceLn 23$19K$19K
Other expenses (24a–d)Ln 24$208K$185K$16K$7K
Total functional expensesLn 25$5.9M$5.1M$725K$28K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.3M$3.1M$279K$2.3M 990 PDF
FY2023 $4.2M$4.6M−$367K$2.0M 990 PDF
FY2022 $4.7M$3.7M$970K$2.4M 990 PDF
FY2021 $3.7M$3.5M$211K$1.4M 990 PDF
FY2020 $1.6M$1.4M$145K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $5,140,350 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,332,083$5,094,723
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $11,386$43,336
I-11 Other revenuePrior year $0$2,291
I-12 Total revenuePrior year $3,343,469$5,140,350
I-13 Grants and similar amounts paidPrior year $84,364$240,813
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $865,675$1,630,847
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,113,956$4,018,067
I-18 Total expensesPrior year $3,063,995$5,889,727
I-19 Revenue less expensesPrior year $279,474−$749,377
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,140,350 across 8 lines filed
VIII-1e Government grants$4,362,688
VIII-1f All other contributions, gifts and grants$732,035
VIII-1g Noncash contributions (included above)$79,901
VIII-1h Total contributions, gifts and grants$5,094,723
VIII-3 Investment incomeExcluded from tax $41,028$41,028
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,308$2,308
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,291$2,291
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $45,627$5,140,350
Part IX · Statement of functional expenses $5,889,727 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $240,813$240,813
IX-5 Pay of current officers, directors and key staffPrograms $130,387 · Management $21,718$152,105
IX-7 Other salaries and wagesPrograms $1,055,025 · Management $177,107$1,232,132
IX-8 Pension plan contributionsPrograms $19,964 · Management $3,029$22,993
IX-9 Other employee benefitsPrograms $81,188 · Management $12,317$93,505
IX-10 Payroll taxesPrograms $112,165 · Management $17,947$130,112
IX-11b Legal feesManagement $23,400$23,400
IX-11c Accounting feesManagement $314,391$314,391
IX-11d Lobbying feesPrograms $52,800$52,800
IX-11f Investment management feesManagement $1,117$1,117
IX-11g Other fees for servicesPrograms $3,156,126 · Management $61,294 · Fundraising $19,305$3,236,725
IX-12 Advertising and promotionPrograms $20,685 · Management $1,537 · Fundraising $996$23,218
IX-13 Office expensesManagement $13,173$13,173
IX-14 Information technologyPrograms $20,088 · Management $18,796 · Fundraising $22$38,906
IX-16 OccupancyManagement $1,800$1,800
IX-17 TravelPrograms $18,172 · Management $12,743$30,915
IX-19 Conferences, conventions and meetingsPrograms $45,004 · Management $9,594$54,598
IX-23 InsuranceManagement $18,802$18,802
IX-24 Other expenses (24a–d)Programs $185,130 · Management $15,743 · Fundraising $7,349$208,222
IX-25 Total functional expensesPrograms $5,137,547 · Management $724,508 · Fundraising $27,672$5,889,727
Part X · Balance sheet $1,895,916 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $393,977$137,174
X-2 Savings and temporary cash investmentsStart of year $801,979$990,716
X-3 Pledges and grants receivableStart of year $1,213,394$507,394
X-4 Accounts receivableStart of year $22,120$1,679
X-9 Prepaid expenses and deferred chargesStart of year $18,445$28,089
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $214,862$230,864
X-16 Total assetsStart of year $2,664,777$1,895,916
X-17 Accounts payable and accrued expensesStart of year $376,606$347,294
X-26 Total liabilitiesStart of year $376,606$347,294
X-27 Net assets without donor restrictionsStart of year $954,957$1,043,755
X-28 Net assets with donor restrictionsStart of year $1,333,214$504,867
X-32 Total net assets or fund balancesStart of year $2,288,171$1,548,622
X-33 Total liabilities and net assetsStart of year $2,664,777$1,895,916
Part XI · Reconciliation of net assets $1,548,622 net assets at year end
XI-1 Total revenue$5,140,350
XI-2 Total expenses$5,889,727
XI-3 Revenue less expenses−$749,377
XI-4 Net assets at start of year$2,288,171
XI-5 Net unrealized gains (losses) on investments$9,828
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,548,622

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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