PUGET SOUND SAGE

EIN: 208974030 501(c)(3) Social Science

SEATTLE, WA

Total Revenue
$979,681
Total Expenses
$1,472,009
Total Assets
$1,952,550
Net Assets
$1,724,391
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
WA
Principal Officer
CHRISTINA SHIMIZU
Phone
2065685000
Tax Period
2023-01-01 to 2023-12-31

PUGET SOUND SAGE, founded in 2008, is a small nonprofit in the Social Science sector that reported $980K in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 50% operating deficit.

Mission

PUGET SOUND SAGE COMBINES RESEARCH, INNOVATIVE PUBLIC POLICY AND ORGANIZING TO ENSURE ALL PEOPLE HAVE AN AFFORDABLE PLACE TO LIVE, A GOOD JOB, A CLEAN ENVIRONMENT, AND ACCESS TO PUBLIC TRANSPORTATION.

Program Service Accomplishments

Program 1
Expenses: $248,096

EQUITABLE DEVELOPMENT OUR EQUITABLE DEVELOPMENT WORK FOCUSED ON 2 CAMPAIGNS IN 2023. OUR FIRST CAMPAIGN, KING COUNTY EQUITABLE DEVELOPMENT INITIATIVE, LED OUR CREST COALITION MEMBERS IN ADVOCATING TO...

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EQUITABLE DEVELOPMENT OUR EQUITABLE DEVELOPMENT WORK FOCUSED ON 2 CAMPAIGNS IN 2023. OUR FIRST CAMPAIGN, KING COUNTY EQUITABLE DEVELOPMENT INITIATIVE, LED OUR CREST COALITION MEMBERS IN ADVOCATING TO BUILD REGIONAL INFRASTRUCTURE FOR COMMUNITY-DRIVEN PROJECTS OUTSIDE OF SEATTLE CITY LIMITS. THROUGH ADVOCACY AT THE COUNTY LEVEL, THIS GROUP WON 1,000,000 OF DEDICATED FUNDING IN 2024 TO LAUNCH FUTURE INITIATIVES. OUR OTHER CAMPAIGNS INCLUDED WORKING IN PARTNERSHIP WITH THE CID COALITION TO MOBILIZE THE CHINATOWN/INTERNATIONAL DISTRICT COMMUNITY IN WORKING WITH SOUND TRANSIT TO DEVELOP TRANSIT STATION ALTERNATIVES AND FIGHT FOR CULTURALLY RELEVANT DEVELOPMENT OPTIONS AND NEIGHBORHOOD INVESTMENTS. AS A RESULT OF OUR ADVOCACY, THE SOUND TRANSIT BOARD VOTED IN FAVOR OF THE CID COMMUNITY'S ANTI-DISPLACEMENT PROPOSAL, PLACING STATIONS NORTH AND SOUTH OF THE CID.

Program 2
Expenses: $203,213

CLIMATE AS PART OF OUR CLIMATE WORK, WE SIT ON SEATTLE'S GREEN NEW DEAL (GND) BOARD TO PARTICIPATE IN CRAFTING AND FUNDING A REGIONAL CARBON-REDUCTION STRATEGY. IN 2023, OUR GND BOARD REPRESENTATIVE...

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CLIMATE AS PART OF OUR CLIMATE WORK, WE SIT ON SEATTLE'S GREEN NEW DEAL (GND) BOARD TO PARTICIPATE IN CRAFTING AND FUNDING A REGIONAL CARBON-REDUCTION STRATEGY. IN 2023, OUR GND BOARD REPRESENTATIVE WAS NOMINATED AS CO-CHAIR OF THE BOARD. UNDER HER LEADERSHIP, THE GND BOARD DEVELOPED POLICY FOR CLIMATE RESILIENCE HUBS WHICH WILL HELP THE CITY OF SEATTLE PREPARE, ADAPT AND RECOVER FROM CLIMATE/ENVIRONMENTAL CRISES. OUTSIDE OF THE BOARD, WE CONVENED THE ENVIRONMENTAL JUSTICE KITCHEN COALITION, WHERE 14 COMMUNITY MEMBERS MET TO IDENTIFY ENVIRONMENTAL JUSTICE PRIORITIES AND STRATEGIES TO PRESENT TO THE GND BOARD. LASTLY, OUR STAFF WORKED WITH EARTHLABS TO SURVEY UTILITY BENEFITS GAPS AND CREATED VISUAL MAPS TO SHOW VULNERABILITY AND GAPS IN ACCESS IN KING COUNTY AND PUGET SOUND URBAN AREAS.

Program 3
Expenses: $62,285

LEADERSHIP INSTITUTE THE COMMUNITY LEADERSHIP INSTITUTE (CLI) IS AN 6-MONTH FELLOWSHIP THAT TRAINS EMERGING LEADERS IN ISSUES SUCH AS HOUSING, LAND USE, TRANSIT, CLIMATE AND ECONOMIC DEVELOPMENT...

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LEADERSHIP INSTITUTE THE COMMUNITY LEADERSHIP INSTITUTE (CLI) IS AN 6-MONTH FELLOWSHIP THAT TRAINS EMERGING LEADERS IN ISSUES SUCH AS HOUSING, LAND USE, TRANSIT, CLIMATE AND ECONOMIC DEVELOPMENT. GRADUATES LEARN THE NUTS AND BOLTS OF LOCAL GOVERNMENT PROCESSES SUCH AS MUNICIPAL BUDGETING, PARLIAMENTARY PROCEDURES, AND LAWMAKING, AS WELL AS ADVOCACY, STORYTELLING AND COMMUNICATION SKILLS. IN 2023, WE AWARDED SAGE LEADERS, OUR SISTER ORGANIZATION WHO RUNS CLI, WITH 201,500 TO SUPPORT 28 FELLOWS FROM THE FOUR COUNTIES IN WASHINGTON. WE GRADUATED 16 FELLOWS FROM OUR INAUGURAL CLARK COUNTY PROGRAM IN SPRING 2023, 83% OF WHOM ARE CURRENTLY ON PUBLIC FACING BOARDS AND COMMISSIONS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $922,169
Program Service Revenue $0
Investment Income $29,212
Other Revenue $28,300
TOTAL REVENUE $979,681

Expense Breakdown

Grants Paid $248,960
Salaries & Benefits $995,867
Fundraising Expenses $168,659
Program Expenses $989,659
Other Expenses $227,182
TOTAL EXPENSES $1,472,009

Year-over-Year Comparison

2023 2022 Change
Revenue $979,681 $2,375,544 -0.6%
Expenses $1,472,009 $1,854,913 -0.2%
Net Income $-492,328 $520,631 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
19
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$134,933
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINA SHIMIZU EXECUTIVE DI 40.00
Officer
$119,013 $15,920 $134,933
JILL MANGALIMAN CHAIR 2.00
Officer Director
$0 $0 $0
ZENIA JAVALERA VICE CHAIR 2.00
Officer Director
$0 $0 $0
STEFAN MORITZ SECRETARY/TR 2.00
Officer Director
$0 $0 $0
SARAH CHERIN BOARD MEMBER 2.00
Director
$0 $0 $0
JODY OLNEY BOARD MEMBER 2.00
Director
$0 $0 $0
KASI PERREIRA BOARD MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $979,681 $1,472,009 $1,952,550 $-492,328
2022 $2,375,544 $1,854,913 $2,529,414 $520,631
2021 $1,885,288 $1,930,766 $2,134,376 $-45,478
2020 $1,302,774 $1,742,464 $2,139,910 $-439,690
2019 $2,825,111 $1,756,035 $2,308,085 $1,069,076
2018 $1,618,184 $1,330,859 $1,243,975 $287,325
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