Splashforward EIN 83-2629157

Splashforward FY2023 filing

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Splashforward is a recreation and sports nonprofit based in Kirkland, WA, formed in 2018. For fiscal year 2023 it reported $171K in revenue, $157K in expenses, and $155K in net assets.Pt I

Founded
2018
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Kirkland, WA
Website
splashforward.org
Filings
6 on file (2020–2023)
Revenue
$171KFY2023
Expenses
$157K
Net assets
$155K
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-2629157 Public charity (501(c)(3)) Kirkland, WA Founded 2018
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
a recreation and sports nonprofit
Leadership
Susan Pappalardo · Director, President
Money in and out
$171K revenue, $157K expenses
Bottom line
58% program efficiency
Where the money goes · FY2023
Total revenue
$171K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$155K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.05 Fundraising $0.36
Program efficiency
58%
of spending reaches programs
Operating runway
12.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$171K
FY2023▲ +86%
Expenses
$157K
FY2023▲ +31%
Total assets
$155K
FY2023▲ +10%
Total liabilities
$0
FY2023
Total revenue
$171K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$155K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$155K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $92K of program spending, described in the organization's own filed words · FY2023.
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…

$33Kprogram expense
02

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…

$31Kprogram expense
03

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.

$28Kprogram 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 1a11
Independent voting membersPt VI · Ln 1b11
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, Secretary
$0Pt VII · Sec A
Director, Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Splashforward executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$168K · 98%
Other revenue$3K · 2%
Contributions & grants98%$168K
Other revenue2%$3K
Investment income$169
— government grantsLn 1e$15K
Total revenueLn 12$171K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.05 Fundraising $0.36
Program services58%$92K
Management & general5%$8K
Fundraising36%$57K
Total functional expensesLn 25$157K

Balance Sheet

Part X · end of year
CashLn 1$155K
Total assetsLn 16$155K
Total liabilitiesLn 26$0
Total net assetsLn 32$155K
Months of cash on handcomputed11.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $155K · Operating expenses (Pt IX) $157K · Less non-cash grants $5K · Cash operating expenses/yr $152K
12.3 months
Where the money goes
Program services
Program services $92K · Total expenses $157K
58%
Management & General
Management & general $8K · Total expenses $157K
5%
Fundraising
Fundraising $57K · Total expenses $157K
36%
Cost to raise $1
Fundraising expense (3-yr avg) $26K · Solicited contributions (3-yr avg) $149K
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $168K · Total revenue $171K
98%
Government reliance
Government grants $15K · Total revenue $171K
9%
Earned-income share
Program service revenue $0 · Total revenue $171K
0%
Investment reliance
Investment income $169 · Total revenue $171K
+0.10%
Program self-sufficiency
Program service revenue $0 · Total expenses $157K
0%
Growth & trend
Revenue growth (YoY)
This year $171K · Prior year $92K
+86%
Net-asset trend (YoY)
End of year $155K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $171K · Expenses $157K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $155K
Net-asset ratio
Net assets $155K · Total assets $155K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $155K
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 $157K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $157K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 5%
Fundraising cost ratio 34%
Revenue growth 86%

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 · ⤓ 990 PDF
FY2024$138K revenue · ⤓ 990 PDF
FY2023$171K revenue · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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