2026-07-08T14:21:18-05:00 2025-09-30 910870697 AIKEN & SANDERS INC PS 324 S MAIN ST UNIT A MONTESANO WA 985634502 990 2024-10-01 911122839 NORTHWEST SCHOOL OF WOODEN BOATBUILDING NORT 3603854948 42 NORTH WATER STREET PORT HADLOCK WA 98339 RICHARD SCHWARZ PRESIDENT 3603854948 2026-06-29 1 0 NIKOLE WELLS CPA P01409848 3605333370 2024 2025-03-06 01:10:19Z RICHARD SCHWARZ 42 NORTH WATER STREET PORT HADLOCK WA 98339 4389476 0 X WWW.NWSWB.EDU X 1981 WA THE NORTHWEST SCHOOL OF WOODEN BOATBUILDING (NWSWB) IS A POST-SECONDARY VOCATIONAL SCHOOL THAT TEACHES CRAFTMANSHIP THROUGH BOATBUILDING AT ITS 7-ACRE CAMPUS IN PORT-HADLOCK, WASHINGTON. INCORPORATED AS A NON-PROFIT CORPORATION 40 YEARS AGO, THE SCHOOL HAS TAUGHT OVER 1,700 GRADUATES THE SKILLS REQUIRED TO BUILD AND MAINTAIN BOTH TRADITIONAL AND CONTEMPORARY WOODEN BOATS, AND IN 2018 LAUNCHED ITS NEW PROGRAM TO TEACH MARINE SYSTEMS FOR MARINE TECHNICIANS. THE SCHOOL FULFILLS THREE OVERARCHING GOALS AS DEFINED IN ITS STRATEGIC PLAN: (1) PROVIDING QUALITY EDUCATION AND JOB READINESS (2) PRESERVING AND TEACHING CRAFTSMANSHIP (3) BRINGING VITALITY TO OUR LOCAL COMMUNITY. NWSWB WORKS CLOSELY WITH THE BOATBUILDING INDUSTRY TO ENSURE THAT SKILLS TAUGHT ARE RELEVANT TO CURRENT NEEDS. 6 6 28 50 36963 6574 1735915 2510674 1004933 1386914 41 29547 101525 225365 2842414 4152500 98252 208690 0 0 1121261 1552766 0 0 138732 782864 997132 2002377 2758588 840037 1393912 7796764 8394451 3361508 2565283 4435256 5829168 X THE NORTHWEST SCHOOL OF WOODEN BOATBUILDING (NWSWB) IS AN ACCREDITED POST-SECONDARY VOCATIONAL SCHOOL IN PORT HADLOCK, WA. SINCE 1981, THE NONPROFIT HAS PROVIDED QUALITY EDUCATION IN TRADITIONAL WOODEN BOATBUILDING AND MODERN MARINE SYSTEMS, DEVELOPING STUDENTS INTO SKILLED CRAFTSPEOPLE FOR THE MARITIME WORKFORCE. 1 0 1072430 122890 771501 THE 12-MONTH BOATBUILDING ASSOCIATE OF OCCUPATIONAL (AOS) DEGREE PROGRAM OFFERS A COMPACT AND COMPREHENSIVE CURRICULUM THAT TAKES TIME-TESTED TRADITIONAL SKILLS MIXED WITH MODERN WOOD COMPOSITE TECHNIQUES TO OFFER STUDENTS THE BEST PROGRAM AND GET STUDENTS INTO THE WORKFORCE QUICKLY. THIS HANDS-ON TRAINING FOLLOWS INDUSTRY STANDARDS AND TECHNIQUES AND PROVIDES EFFECTIVE AND EFFICIENT BOAT BUILDING AND WOODWORKING TECHNIQUES THROUGH A COMBINATION OF HAND AND POWER TOOL USE. STUDENTS LEARN WHILE BUILDING A WIDE RANGE OF BOAT PROJECTS RANGING FROM 8 TO 36 FEET, CONSTRUCTED THROUGH CARVEL, LAPSTRAKE, AND COMPOSITE CONSTRUCTION TECHNIQUES ON POWER, SAIL, AND ROW BOATS. 947764 85800 639987 THE 9-MONTH MARINE SYSTEMS DIPLOMA PROGRAM COVERS SUBJECTS INTEGRAL TO BOAT BUILDING AND REPAIR, SUCH AS ELECTRICAL SYSTEMS, ELECTRONICS, CORROSION, DIESEL ENGINES, OUTBOARD MOTORS, STEERING AND CONTROLS, PROPULSION, HYDRAULICS, MARINE PLUMBING AND MARINE HVAC. MODELED ON COMPETENCY-BASED TRAINING, STUDENTS DEMONSTRATE THE WORK AS WELL AS UNDERSTAND THE THEORY BEHIND IT. THE PROGRAM IS SPECIFICALLY DESIGNED WITH INPUT FROM SUBJECT MATTER EXPERTS, FOCUSING ON SKILLS THAT EMPLOYEES NEED IN THE WORKPLACE. THE HANDS-ON TRAINING FOLLOWS CFR, ABYC, NFPA, ABS, AND NMEA INDUSTRY STANDARDS AND RELIES HEAVILY ON SAFETY AND WORKMANSHIP. IN-FIELD TRAINING HAPPENS ON REAL BOATS OF ALL CONSTRUCTION TYPES: WOOD, FIBERGLASS, ALUMINUM, AND STEEL. THE SCHOOL ALSO PROVIDES ONE-WEEK INTENSIVE COURSES IN INDIVIDUAL DISCIPLINES TAUGHT IN THE MARINE SYSTEMS PROGRAM. 2020194 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 28 1 1 1 0 0 0 0 1 1 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 3603854948 42 NORTH WATER STREET PORT HADLOCK WA 98339 SONJA MATHEWS PRESIDENT 10.00 X X 0 0 0 KATHLEEN BRTOOKER VICE PRESIDENT 3.00 X X 0 0 0 BOB HARTMAN SECRETARY 3.00 X X 0 0 0 RICHARD SCHWARZ TREASURER 1.00 X X 0 0 0 JANE GUILTINAN BOARD MEMBER 3.00 X 0 0 0 STEPHEN GALE BOARD MEMBER 1.00 X 0 0 0 LYNN SCHWARZ BOARD MEMBER 3.00 X 0 0 0 LINDA NEWLAND BOARD MEMBER 1.00 X 0 0 0 ANGELA HEWITSON BOARD MEMBER 1.00 X 0 0 0 BETSY DAVIS EXECUTIVE DIRECTOR 40.00 X 67792 0 13624 REBECCA BENJAMIN EXECUTIVE DIRECTOR 40.00 X 0 0 0 67792 0 13624 0 0 0 0 0 38037 527910 1944727 5809 2510674 TUITION AND FEES 900099 1386914 1386914 1386914 29547 29547 99669 0 99669 99669 36963 62706 128411 38037 42488 85923 85923 219062 194488 24574 24574 OTHER INCOME 900099 15199 15199 15199 4152500 1411488 36963 193375 208690 208690 149911 110264 28150 11497 1061312 772851 204382 84079 22125 17207 3543 1375 152023 118232 24344 9447 167395 120486 33231 13678 36594 36594 32867 21189 11446 232 54932 44246 10533 153 122617 74806 38975 8836 104071 102690 949 432 7331 6883 448 108837 56039 52798 208504 87579 120925 39811 21640 18171 INSTRUCTIONAL SUPPLIES 239434 235174 3549 711 TAXES AND FEES 39202 21381 10375 7446 MISCELLANEOUS EXPENSES 2932 837 1249 846 2758588 2020194 599662 138732 970435 1497372 320715 166000 10237 77046 320829 282612 9032 7870 8117061 1753510 6165516 6363551 7796764 8394451 83173 61595 351748 272331 2926587 2231357 3361508 2565283 X 3352713 5327936 1082543 501232 4435256 5829168 7796764 8394451 1393912 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2121888 2121888 5214073 1341505 3872568 525371 339599 185772 255729 72406 183323 6363551 X 4220567 43646 -208690 -165044 4385611 -233111 -233111 4152500 2826655 43646 233111 276757 2549898 208690 208690 2758588 PART X, LINE 2: THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION IS SUBJECT TO INCOME TAX EXAMINATION FOR TAX RETURNS FOR THE YEAR ENDED SEPTEMBER 30, 2025, 2024, AND 2023. CURRENTLY, THERE IS NO EXAMINATION OR PENDING EXAMINATION WITH THE INTERNAL REVENUE SERVICE (IRS). AS OF SEPTEMBER 30, 2025, THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP -208,690. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -190,623. FUNDRAISING EVENT EXPENSES -42,488. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 190,623. FUNDRAISING EVENT EXPENSES 42,488. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP 208,690. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL CATALOG INCLUDES A RACIALLY NONDISCRIMINATORY POLICY NOTICE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES TUITION FROM STUDENTS QUALIFYING FOR FEDERAL FINANCIAL AID. TUITION RECEIPTS FUNDED BY FEDERAL FINANCIAL AID TOTALED $202,976 FOR THE YEAR ENDED SEPTEMBER 30, 2025. SEATTLE SHINDIG 31622 29557 2065 800 3212 1612 HULLRAISER BASH 134826 8480 126346 7464 13004 6589 9807 166448 38037 128411 8264 16216 6589 11419 42488 85923 1 SCHOLARSHIP 17 208690 PART I, LINE 2: THE SCHOOL TRACKS SCHOLARSHIPS IN MULTIPLE WAYS. THE FINANCIAL REPORTING AND FORECASTING TOOL HAS A PAGE THAT LISTS FUNDS FOR THE SCHOLARSHIPS. FOR EACH FUND, IT SHOWS ANY CONTRIBUTIONS, WITHDRAWALS, AND THE TOTAL AMOUNT REMAINING IN THE FUND BY MONTH. NWSWB ALSO TRACKS AND COMMUNICATES THE PURPOSES OF THE DIFFERENT SCHOLARSHIPS, ALTHOUGH THERE IS ONE APPLICATION TO MAKE THINGS SIMPLER. THOSE ARE LISTED ON THE SCHOOL'S WEBSITE AT HTTPS://NWSWB.EDU/PROGRAMS/SCHOLARSHIPS/ AND ALSO IN THE SCHOLARSHIP APPLICATION MATERIALS. WE ALSO KEEP CAREFUL TRACK BY STUDENT OF ALL FINANCIAL AID AND SCHOLARSHIPS AWARDED - BOTH THOSE THAT COME FROM NWSWB AND THOSE THAT ARE AWARDED BY EXTERNAL FOUNDATIONS AND FUNDERS. FORM 990, PART III, LINE 2 YOUTH SERVICES INTRODUCED DURING THIS FISCAL YEAR 2024-2025. FORM 990, PART VI, SECTION A, LINE 2 RICHARD SCHWARZ, BOARD TREASURER, AND LYNN SCHWARZ, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND ALL BOARD MEMBERS ARE GIVEN ELECTRONIC COPIES OF THE FORM 990. THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AND SIGNED BY EITHER THE BOARD PRESIDENT OR TREASURER. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PRESIDENT MONITORS THE AGENDA OF ALL BOARD MEETINGS AND ANY POTENTIAL THREATS ARE IDENTIFIED AND RESOLVED. THERE WERE NO POTENTIAL THREATS IDENTIFIED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 APPROVAL OF ALL STAFF COMPENSATION OCCURS WITH THE ANNUAL REVIEW AND APPROVAL OF THE BUDGET. THE EXECUTIVE DIRECTOR ALSO RECEIVES AN ANNUAL EVALUATION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED SINCE PRIOR YEAR.