Splashforward EIN 83-2629157

Splashforward

EIN  83-2629157 Public charity (501(c)(3)) Kirkland, WA Founded 2018
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
a recreation and sports nonprofit
Leadership
Susan Pappalardo · Director, President
Money in and out
$142K revenue, $161K expenses
Bottom line
62% program efficiency

Splashforward is a recreation and sports nonprofit based in Kirkland, WA, formed in 2018. For fiscal year 2025 it reported $142K in revenue, $161K in expenses, and $88K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$88K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.02 Fundraising $0.36
Program efficiency
62%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
7.0mo
months of highly liquid reserves at operating expense rate▼ -1% vs prior filing year
Surplus margin
-14%
revenue over expenses, this year▲ +61% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$142K
FY2025▲ +3%
Expenses
$161K
FY2025▼ -13%
Total assets
$93K
FY2025▼ -14%
Total liabilities
$5K
FY2025
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$88K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$93K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $100K of program spending, described in the organization's own filed words · FY2025.
01

Regional Aquatics Stakeholder

Engaged community members and stakeholders to develop an accurate regional assessment for aquatic facility needs, programming, economic impact and operational costs. Developed national and regional aquatic facilities case studies to educate community leaders and local municipalities on the development and operations of aquatic…

$48Kprogram expense
02

Expanding Access to Aquatics

Enhanced and strengthed our High School Lifeguard Training Program through partnerships with organizations and local public aquatic facilities to expand the number of students within King County that we supported to become lifeguards and swim instructors including expanding opportunities to strengthen and develop lifeguard skills.

$41Kprogram expense
03

Community Engagement & Education

Engaged in outreach with the local community and organizational partners to promote access for all ages, all abilities, and all backgrounds to swimming facilities. Developed educational materials that showcased the benefits of having aquatic facilities within the communities they serve, including materials demonstrating operational…

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSplashforward
EINHdr · item D83-2629157
Principal addressHdr · item CKirkland, WA
WebsiteHdr · item Jsplashforward.org
Year of formationHdr · item L2018
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N40)
Ruling yearIRS BMFMay 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
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
Director, President
$0Pt VII · Sec A
Director, Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$138K · 97%
Other revenue$3K · 2%
Investment income$815 · 1%
Contributions & grants97%$138K
Other revenue2%$3K
Investment income1%$815
Total revenueLn 12$142K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.02 Fundraising $0.36
Program services62%$100K
Management & general2%$3K
Fundraising36%$58K
Total functional expensesLn 25$161K

Balance Sheet

Part X · end of year
CashLn 1$93K
Total assetsLn 16$93K
Total liabilitiesLn 26$5K
Total net assetsLn 32$88K
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $93K · Operating expenses (Pt IX) $161K · Less non-cash grants $1K · Cash operating expenses/yr $160K
7.0 months
Where the money goes
Program services
Program services $100K · Total expenses $161K
62%
Management & General
Management & general $3K · Total expenses $161K
2%
Fundraising
Fundraising $58K · Total expenses $161K
36%
Cost to raise $1
Fundraising expense (3-yr avg) $59K · Solicited contributions (3-yr avg) $142K
$0.42 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $138K · Total revenue $142K
97%
Government reliance
Government grants $0 · Total revenue $142K
0%
Earned-income share
Program service revenue $0 · Total revenue $142K
0%
Investment reliance
Investment income $815 · Total revenue $142K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $161K
0%
Growth & trend
Revenue growth (YoY)
This year $142K · Prior year $138K
+3%
Net-asset trend (YoY)
End of year $88K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $142K · Expenses $161K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $93K
Net-asset ratio
Net assets $88K · Total assets $93K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $93K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Susan Pappalardo · Reported title DIRECTOR, PRESIDENT · Highest reported compensation $0 · Total expenses $161K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $161K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 2%
Fundraising cost ratio 42%
Revenue growth 3%

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.

Grants

Schedule I · funders on record
Grants received · FY2024

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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)$142K revenue · viewing · ⤓ 990 PDF
FY2024$138K revenue · ⤓ 990 PDF
FY2023$171K revenue · ⤓ 990 PDF
FY2022$92K revenue · ⤓ 990 PDF
FY2021$202K revenue · ⤓ 990 PDF
FY2020$17K 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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