SPOKANE, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE SOURCE OF SPOKANE, founded in 2015, is a community nonprofit in the Youth Development sector that reported $4.6M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.
TO PROVIDE YOUTH AT RISK DUE WITH HOUSING AND OPPORTUNITIES FOR PERSONAL GROWTH, EDUCATION, SPIRITUAL GROWTH, JOB SKILL TRAINING FROM A CHRISTIAN WORLDVIEW
We are a non-profit residential program for youth in need of guidance, restoration & love. We aid teens in crisis through relationships with caring adults. Our sta?? and mentors strive to build...
We are a non-profit residential program for youth in need of guidance, restoration & love. We aid teens in crisis through relationships with caring adults. Our sta?? and mentors strive to build positive, sincere, and life-altering alliances with at-risk youth with the goal to equip and assist them in their spiritual, occupational, and educational journeys while guiding them to reclaim a sense of self respect and dignity. Ultimately, our goal is to assist them in realizing their potential, and that there is a purpose and reason for their lives.Our Youth Homes provide 24-hour residential care at four separate locations and education for youth 12 18 years of age who can benefit from a structured program designed to promote self-discipline,a strong work ethic, and responsible behavior. We strive to work in partnership withparents and/or child placement agencies to accomplish what is best for the child. We firmly believe that the family is the ideal place for a child to grow up. The Source Youth Home is dedicated to helping the residents resolve their problems and find spiritual and emotional healing, and, hopefully, strengthen the bonds with their own families.The facilities provide a safe environment where the residents are motivated to become actively involved in their own lifestyle changes designed to increase productivity, practice appropriate behavior, and resolve family and group conflicts. While at The Source Youth Home, residents are taught basic life skills, interdependence with others, and respect for authority. As a part of thetreatment program, residents are expected to assist with therapeutic farm-oriented work as well as the maintenance and upkeep of the facility. Also, residents are assigned responsibility for the care of their own rooms and common living areas shared with other residents.We have 2 homes in Washington running Behavioral Rehabilitative Services (BRS) programs. In 2023-2024 we provided care for 14 youth, providing housing, food, mentorship and life-skills.Our Developmental Disabilities Administration (DDA) Programs in Washington provide care in 2 different categories. Enhanced Respite Services (ERS) provides 30-day respite care for children with disabilities, giving their families a much need month of rest. In 2023-2024 we served 15 youth and their families with this program.Our Out of Home Services (OHS) has one long-term resident, with a second resident arriving within the month of November 2024.We also opened a QRTP home in Post Falls, Idaho in September of 2024 that is licensed for 3 youth.There is one resident currently living there, with 2 more on the way.Our international work is still ongoing in Africa. Originally started to care for children without families or homes, The Source Malawi has provided housing for our Source Malawi team members and local foster children. We have become a center for community development, working alongside pastors and villages churches across the country. We have also started childrensprograms for two villages that include providing a hearty meal and stories, games and songs that remind them of their value in Gods eyes.In 2024 we built our 2nd house on the Source Malawi land. We are housing 2 couples that are on staff, and are running community outreach, feeding programs, and fostering children.We are currently caring for 10 children, covering housing, food and education costs.As we look to the future, we desire to develop sustainable agriculture and animal farming, deeper connections within the community, and opportunities to provide training for skilled trade, family & marriage health, and leadership.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,597,780 | $4,178,913 | +0.1% |
| Expenses | $4,713,628 | $3,777,397 | +0.2% |
| Net Income | $-115,848 | $401,516 | -1.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRISTOPHER KNOWLTON | EXECUTIVE DIRECTOR | 40.00 |
|
$191,921 | $0 | $191,921 |
| JULIE VINSON | CHIEF FINANCIAL OFFICER | 40.00 |
|
$157,922 | $0 | $157,922 |
| ZARA KNOWLTON | CHIEF OPERATING OFFICER | 40.00 |
|
$72,644 | $0 | $72,644 |
| LAURI ATCHISON | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRIS SONNELAND | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| SAGE WILLIAMSON | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| KELLY BAIRD | Director | 2.00 |
Director
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$0 | $0 | $0 |
| JOHN MacPHERSON | President | 2.00 |
Officer
|
$0 | $0 | $0 |
| CHRIS KNOWLTON | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| BRIAN BALE | Treasurer | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $4,597,780 | $4,713,628 | $653,722 | $-115,848 |
| 2022 | $4,178,913 | $3,777,397 | $696,298 | $401,516 |
| 2021 | $2,764,273 | $2,599,121 | $267,409 | $165,152 |
| 2020 | $1,547,331 | $1,661,027 | $67,796 | $-113,696 |
| 2019 | $1,013,941 | $970,506 | $83,976 | $43,435 |
| 2018 | $590,847 | $592,547 | $15,362 | $-1,700 |
Compare THE SOURCE OF SPOKANE with other nonprofits in Washington and across the country.