PANZA

EIN: 320243330 501(c)(3) Housing & Shelter

OLYMPIA, WA

Total Revenue
$1,431,285
Total Expenses
$1,626,509
Total Assets
$13,904,800
Net Assets
$2,717,988
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
WA
Principal Officer
BRENDAN VANDERVELDE
Phone
3603380451
Tax Period
2023-01-01 to 2023-12-31

PANZA, founded in 2008, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

QUIXOTE COMMUNITIES PROVIDES HOUSING AND SUPPORT FOR PEOPLE EXPERIENCING HOMELESSNESS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,033,924
Program Service Revenue $401,164
Investment Income $7,695
Other Revenue $-11,498
TOTAL REVENUE $1,431,285

Expense Breakdown

Grants Paid $0
Salaries & Benefits $852,329
Fundraising Expenses $1,432
Program Expenses $1,389,016
Other Expenses $774,180
TOTAL EXPENSES $1,626,509

Year-over-Year Comparison

2023 2022 Change
Revenue $1,431,285 $1,970,208 -0.3%
Expenses $1,626,509 $1,234,524 +0.3%
Net Income $-195,224 $735,684 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
16
Volunteers
60

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
6
$168,885
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARCY HUFFMAN BOARD MEMEBER 3.00
Director
$0 $0 $0
BRENDAN VANDERVELDE TREASURER 5.00
Officer Director
$0 $0 $0
ARIN MOWER SECRETARY 4.00
Officer Director
$0 $0 $0
LOURDES ALVARADO-RAMOS BOARD MEMEBER 3.00
Director
$0 $0 $0
BETH DOGLIO PRESIDENT 10.00
Officer Director
$0 $0 $0
EKATERINA HENYAN BOARD MEMEBER 3.00
Director
$0 $0 $0
SHELBY PAYNE SHIER BOARD MEMEBER 3.00
Director
$0 $0 $0
LONNIE SPIKES JR VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
DENIS LEVERICH BOARD MEMEBER 3.00
Director
$0 $0 $0
JIM SCHWARTZ BOARD MEMEBER 3.00
Director
$0 $0 $0
COLLEEN CARMICHAEL EXECUTIVE DIRECTOR 40.00
Officer
$103,402 $0 $103,402
JAYCIE OSTERBERG ASSOCIATE DIRECTOR 40.00
Officer
$65,483 $0 $65,483
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 $1,431,285 $1,626,509 $13,904,800 $-195,224
2022 $1,970,208 $1,234,524 $10,300,604 $735,684
2021 $1,434,673 $950,042 $7,904,404 $484,631
2020 $935,905 $508,626 $6,413,452 $427,279
2019 $519,875 $465,924 $3,142,118 $53,951
2018 $644,146 $430,321 $2,829,276 $213,825
Explore More Nonprofits
→Top 100 Nonprofits in Washington →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PANZA with other nonprofits in Washington and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.