Serene Lake Elementary Ptsa 7 5 20 is a 501(c)(3) organization based in Edmonds, Washington, registered in 1975, with $34,731 in FY2012 revenue. CharityIndex grades it C+.
Revenue (FY2012)
$35K
▲ 38.5% vs prior year
Expenses (FY2012)
$29K
Net assets
$39K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Serene Lake Elementary Ptsa 7 5 20— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Serene Lake Elementary Ptsa 7 5 20: 16 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Serene Lake Elementary Ptsa 7 5 20— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Serene Lake Elementary Ptsa 7 5 20: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $25K (FY2011) to $35K (FY2012) across 2 reported years.
Financial snapshot
Operating margin
15.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$39K
Total liabilities
$0
Net assets
$39K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2012 | $34,731▲38.5% | $29,382▲12.1% | $39,194▲15.8% | $39,194▲15.8% | 990EZ |
| 2011 | $25,068 | $26,210 | $33,845 | $33,845 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Serene Lake Elementary Ptsa 7 5 20 (EIN 51-0137495) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.