Tsf Services EIN 91-2008707

Tsf Services

EIN  91-2008707 Supporting organization Seattle, WA
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Provides support to the Seattle Foundation.
Leadership
Becca Graves · Executive Director, Perigee Fund · $311K
Money in and out
$0 revenue, $11K expenses
Bottom line
66% program spending

Provides support to the Seattle Foundation. For fiscal year 2024 it reported $0 in revenue, $11K in expenses, and $-67K in net assets.Pt I

Money in and out · FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$11K
Pt IX · Ln 25
Net assets
$-67K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$11K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.34
Program spending
66%
of expenses reach stated programs▼ -34% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$0
FY2024▼ -100%
Expenses
$11K
FY2024▼ -100%
Total assets
$3K
FY20240%
Total liabilities
$71K
FY2024▲ +19%
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$11K
Pt IX · Ln 25
Net assets
$-67K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$3K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $7K of program spending, described in the organization's own filed words · FY2024.
01

TSF services is organized and operated to support the grantmaking and administrative activities of seattle foundation, specifically with respect to its donor advised funds and type I supporting organizations. Any income generated from TSF services operations is used to support the charitable activities of seattle foundation.

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTsf Services
EINHdr · item D91-2008707
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 BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFApr 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director, Perigee Fund
$311,292Pt VII · Sec A
Healthierhere CFO
$257,488Pt VII · Sec A
Dir, Perigee Fund
$242,416Pt VII · Sec A
Healthierhere CEO
$239,508Pt VII · Sec A
Dir, Planning & Ops, Perigee Fund
$208,266Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee (thru 5/24)
$0Pt VII · Sec A
Trustee (thru 6/24)
$0Pt VII · Sec A

Becca Graves’s $311K as Executive Director, Perigee Fund is at the 100th percentile of top reported officer pay among 129 <$100K philanthropy & grantmaking 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Becca Graves$311,292$292,761$284,806$259,985$263,517
Thuy Hua-Ly$257,488$233,109$213,694$201,644$194,719
Elizabeth Krause$242,416$229,112$219,408$205,408$205,492
John Kim$239,508
Susan McLaughlin$176,192$208,778$201,865
Cara Priestley$208,266$200,703
Michael Brown$204,025$198,402$196,322
Marya Gingrey$177,940

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 Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.34
Program services66%$7K
Management & general34%$4K
Total functional expensesLn 25$11K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$3K
Total liabilitiesLn 26$71K
Total net assetsLn 32$-67K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $11K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $7K · Total expenses $11K
66%
Management & General
Management & general $4K · Total expenses $11K
34%
Fundraising
Fundraising $0 · Total expenses $11K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $11K
0%
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $6.2M
-100%
Net-asset trend (YoY)
End of year $-67K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $11K
Liabilities-to-Assets
Total liabilities — · Total assets $3K
Net-asset ratio
Net assets $-67K · Total assets $3K
-2102%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Becca Graves · Reported title EXECUTIVE DIRECTOR, PERIGEE FUND · Highest reported compensation $311K · Total expenses $11K
×28
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $11K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 34%
Revenue growth -100%
Legal fee ratio 60%
Accounting fee ratio 34%

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
FY2024 (Latest)$0 revenue · viewing · ⤓ 990 PDF
FY2023$6.2M revenue · ⤓ 990 PDF
FY2022$6.2M revenue · ⤓ 990 PDF
FY2021$5.2M revenue · ⤓ 990 PDF
FY2020$5.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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