THE SOURCE OF SPOKANE (EIN 300871593) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Phone

5092093726

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

TO PROVIDE YOUTH AT RISK DUE WITH HOUSING AND OPPORTUNITIES FOR PERSONAL GROWTH, EDUCATION, SPIRITUAL GROWTH, JOB SKILL TRAINING FROM A CHRISTIAN WORLDVIEW

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $60,395

Program Service Revenue $4,524,024

Investment Income $2,498

Other Revenue $10,863

TOTAL REVENUE $4,597,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,650,147

Fundraising Expenses $0

Program Expenses $3,698,337

Other Expenses $1,063,481

TOTAL EXPENSES $4,713,628

Year-over-Year Comparison

	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%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

153

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

Total Directors

Key Employees

Highest Compensated

reported

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	$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

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	$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

THE SOURCE OF SPOKANE