BASTYR UNIVERSITY
Mission Statement
The Bastyr University Student Nutrition Association in Kenmore annually hosts “SNA Soiree,” previously known as “Top Chef,” a dinner and raffle to benefit Seattle Teen Feed. Seattle Teen Feed works with the community to offer support to meet basic needs, build strong relationships, and ally with homeless youth as they meet their future off the streets. Bastyr students have been contributing to the Teen Feed mission for over 6 years by meeting once a month to plan, shop for, prepare, and serve a nutritious hot meal to the homeless youth in the U-district. The continuous support of the community through Teen Feed represents the care and responsibility of Bastyr University. In 2017, we attracted over 100 people for the Soiree and raised more than $3,000 for Seattle Teen Feed. Proceeds from this event go directly to the Student Nutrition Association’s Teen Feed budget to purchase food to feed homeless youth in Seattle. Any remaining funds are put toward purchasing equipment for the church’s kitchen to be used by all groups who participate in Teen Feed.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.2% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.7% | 13.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.7 mo | 10.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
42.1% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
91.4% | 87.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-21.0% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-7.3% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-20.5% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $29.0M | $34.9M | $19.4M | 80.2% | 738 |
| 2022 | $36.7M | $37.6M | $25.1M | 83.7% | 830 |
| 2021 | $47.0M | $38.1M | N/A | — | 921 |
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