CHILDRENS HOME SOCIETY AND TRUST FOUNDATION

EIN: 432032452 501(c)(3)

SEATTLE, WA

Total Revenue
$2,962,013
Total Expenses
$4,566,648
Total Assets
$57,293,099
Net Assets
$57,293,099
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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
2002
Legal Domicile
WA
Principal Officer
DAVE NEWELL
Phone
2066953200
Tax Period
2024-07-01 to 2025-06-30

CHILDRENS HOME SOCIETY AND TRUST FOUNDATION, founded in 2002, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $4.6M exceeded revenue, resulting in a 54% operating deficit.

Mission

TO RAISE PRIVATE CONTRIBUTIONS TO FULFILL THE MISSION OF AKIN.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $796,537
Program Service Revenue $0
Investment Income $2,165,476
Other Revenue $0
TOTAL REVENUE $2,962,013

Expense Breakdown

Grants Paid $4,566,648
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,566,648
Other Expenses $0
TOTAL EXPENSES $4,566,648

Year-over-Year Comparison

2024 2023 Change
Revenue $2,962,013 $33,156,715 -0.9%
Expenses $4,566,648 $2,243,998 +1.0%
Net Income $-1,604,635 $30,912,717 -1.1%
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

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Governance

Voting Members
11
Independent Members
9
Employees
N/A
Volunteers
10

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
$640,094
Total Directors
10
$368,063
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE NEWELL AKIN, CEO 5.00
Officer Director
$0 $10,931 $368,063
BAREQ PESHTAZ PRESIDENT 2.00
Officer Director
$0 $0 $0
DANIEL SMITH VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KRISTIE GARRETT SECRETARY 2.00
Officer Director
$0 $0 $0
ROY KOEGEN TREASURER 2.00
Officer Director
$0 $0 $0
QUENTIN HUBBARD TRUSTEE 2.00
Director
$0 $0 $0
TYE MINCKLER TRUSTEE 2.00
Director
$0 $0 $0
DAVE MENTZ TRUSTEE 2.00
Director
$0 $0 $0
JOAN MATHESON TRUSTEE 2.00
Director
$0 $0 $0
PAULETTE LEMON TRUSTEE 2.00
Director
$0 $0 $0
MARLENA TORRES AKIN, CFO 5.00
Officer
$0 $25,220 $272,031
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
2025 $2,962,013 $4,566,648 $57,293,099 $-1,604,635
2024 No data No data No data No data
2023 $1,547,011 $5,630,505 $24,098,963 $-4,083,494
2022 $13,203,237 $5,300,721 $26,826,720 $7,902,516
2021 $5,268,781 $5,049,773 $22,292,785 $219,008
2020 $5,772,130 $4,927,144 $17,223,613 $844,986
2019 $5,470,028 $4,923,022 $16,751,331 $547,006
2018 $7,278,403 $5,326,372 $15,947,808 $1,952,031
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