Central Branch School EIN 91-0882254

Central Branch School

EIN  91-0882254 Public charity (501(c)(3)) Seattle, WA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Nurtures children's relationships through play, fostering community and supporting families of color.
Leadership
Lesli Franklin · Assistant Direc · $74K
Money in and out
$589K revenue, $521K expenses
Bottom line
58% program efficiency

Nurtures children's relationships through play, fostering community and supporting families of color. For fiscal year 2025 it reported $589K in revenue, $521K in expenses, and $360K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$589K
Pt VIII · Ln 12
Total expenses
$521K
Pt IX · Ln 25
Net assets
$360K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $68K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.41 Fundraising $0.00
Program efficiency
58%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate▼ -4% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▲ +237% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$589K
FY2025▲ +32%
Expenses
$521K
FY2025▲ +7%
Total assets
$406K
FY2025▲ +17%
Total liabilities
$46K
FY2025▼ -15%
Total revenue
$589K
Pt VIII · Ln 12
Total expenses
$521K
Pt IX · Ln 25
Net assets
$360K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$68K
Total assetsPt X · Ln 16$406K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $304K of program spending, described in the organization's own filed words · FY2024.
01

We are a 501(c)(3) and we provide early childhood education for children ages 2-5. Current enrollment as of June 30, 2025 is 45.

$304Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCentral Branch School
EINHdr · item D91-0882254
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1972

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Assistant Direc
$74,481Pt VII · Sec A
Executive Dir.
$71,054Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Wendy Simmons$71,054$76,673$90,234$63,732$62,475
Lesli Franklin$74,481

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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Statement of Revenue

Part VIII
Program service revenue$466K · 79%
Contributions & grants$123K · 21%
Investment income$7K · 1%
Program service revenue79%$466K
Contributions & grants21%$123K
Investment income1%$7K
Total revenueLn 12$589K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.41 Fundraising $0.00
Program services58%$304K
Management & general41%$216K
Fundraising$960
Total functional expensesLn 25$521K

Balance Sheet

Part X · end of year
CashLn 1$295K
Total assetsLn 16$406K
Total liabilitiesLn 26$46K
Total net assetsLn 32$360K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $295K · Operating expenses/yr $521K
6.8 months
Where the money goes
Program services
Program services $304K · Total expenses $521K
58%
Management & General
Management & general $216K · Total expenses $521K
41%
Fundraising
Fundraising $960 · Total expenses $521K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $77K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $123K · Total revenue $589K
21%
Government reliance
Government grants — · Total revenue $589K
Earned-income share
Program service revenue $466K · Total revenue $589K
79%
Investment reliance
Investment income $7K · Total revenue $589K
+1%
Program self-sufficiency
Program service revenue $466K · Total expenses $521K
90%
Growth & trend
Revenue growth (YoY)
This year $589K · Prior year $447K
+32%
Revenue CAGR
FY2020 $429K · FY2024 $589K
+8%
Net-asset trend (YoY)
End of year $360K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $589K · Expenses $521K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $406K
Net-asset ratio
Net assets $360K · Total assets $406K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $406K
0%
People & payroll
Highest Reported Total Compensation
Individual Lesli Franklin · Reported title Assistant Direc · Highest reported compensation $74K · Total expenses $521K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $431K · Total expenses $521K
83%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 41%
Fundraising cost ratio 1%
Revenue growth 32%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · FY2023
Scholar FundFY2023$8K
Total grants receivedfrom 4 funders$25K
See all 4 funders →

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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)$589K revenue · viewing · ⤓ 990 PDF
FY2024$447K revenue · ⤓ 990 PDF
FY2023$428K revenue · ⤓ 990 PDF
FY2022$445K revenue · ⤓ 990 PDF
FY2021$429K 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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