Tri-cities Prep Foundation is a 501(c)(3) organization based in Pasco, Washington, registered in 2002, with $72,628 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$73K
▼ 27.7% vs prior year
Education median: $200K
Expenses (FY2023)
$12K
Net assets
$709K
Employees
—
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 Tri-cities Prep Foundation— 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 Tri-cities Prep Foundation: 731 mo reserves · +84% margin earns a B+ 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 Tri-cities Prep Foundation— 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 Tri-cities Prep Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $68K (FY2012) to $73K (FY2023) across 12 reported years.
Financial snapshot
Operating margin
84.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$709K
Total liabilities
$0
Net assets
$709K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $72,628▼27.7% | $11,635▲18.7% | $708,979▲24.2% | $708,979▲24.2% | 990 |
| 2022 | $100,481▲132% | $9,805▼21.8% | $570,772▲25.6% | $570,772▲25.6% | 990 |
| 2021 | $43,282▲23.7% | $12,545▼9.4% | $454,482▼4.7% | $454,482▼4.7% | 990EZ |
| 2020 | $34,980▼22.6% | $13,853▼67.7% | $477,141▲27.6% | $477,141▲27.6% | 990 |
| 2019 | $45,198▲67.8% | $42,909▲119% | $373,926▼2.9% | $373,926▼2.9% | 990EZ |
| 2018 | $26,930▲38.6% | $19,600▲56.8% | $385,025▲2.0% | $385,025▲2.0% | 990EZ |
| 2017 | $19,434▼8.7% | $12,500▲21.7% | $377,606▲2.6% | $377,606▲2.6% | 990EZ |
| 2016 | $21,294▼40.3% | $10,275▼44.4% | $367,948▲10.7% | $367,948▲10.7% | 990EZ |
| 2015 | $35,690▲189% | $18,496▲85.0% | $332,263▲2.8% | $332,263▲2.8% | 990EZ |
| 2014 | $12,364▼87.9% | $10,000▲43.8% | $323,099▼2.1% | $323,099▼2.1% | 990EZ |
| 2013 | $101,795▲49.8% | $6,952▼85.0% | $330,015▲56.8% | $330,015▲56.8% | 990EZ |
| 2012 | $67,964 | $46,225 | $210,420 | $210,420 | 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.
1 grant to Tri-cities Prep Foundation totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Education | 2018 | $10,000 |
Explore more
Data for Tri-cities Prep Foundation (EIN 01-0723706) 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.