LAKE CITY PARTNERS ENDING HOMELESSNESS

EIN: 474612289 501(c)(3) Human Services

Seattle, WA

Total Revenue
$2,993,408
Total Expenses
$2,474,267
Total Assets
$1,423,018
Net Assets
$1,274,693
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
WA
Principal Officer
William Towey
Phone
2069132267
Tax Period
2023-01-01 to 2023-12-31

LAKE CITY PARTNERS ENDING HOMELESSNESS, founded in 2015, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2023. The organization ran a surplus of $519K, a strong 17% operating margin.

Mission

Our mission is to end homelessness by providing shelter and supportive services, so that people have increased opportunities for stabilization, recovery, and permanent housing. We activate our mission by providing shelter, outreach, and client services in the North Seattle/King County area.

Program Service Accomplishments

Program 1
Expenses: $1,891,943 Revenue: $0

The North King County Aurora Oaks Enhanced Shelter is a 60 bed continuous stay shelter located in a former nursing home that serves unhoused single adults and couples in private rooms and is a...

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The North King County Aurora Oaks Enhanced Shelter is a 60 bed continuous stay shelter located in a former nursing home that serves unhoused single adults and couples in private rooms and is a leading example of the preferred shelter model of non-congregate SRO style enhanced shelter. Located at 16357 Aurora Ave N, the Aurora Oaks is funded through the King County Regional Homelessness Authority with additional support from King County and the Cities of Shoreline, Kenmore, Bothell, Seattle (and others) as well many local community, faith-based, and philanthropic organizations.

Program 2
Expenses: $341,812 Revenue: $0

Our GLA Day Center has been serving the Lake City neighborhood for over 10 years and provides showers, laundry, a public kitchen facility, food basics, personal storage, phones, mail services, and...

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Our GLA Day Center has been serving the Lake City neighborhood for over 10 years and provides showers, laundry, a public kitchen facility, food basics, personal storage, phones, mail services, and Coffee. Lots of Coffee. In a custom built facility with a homelike coffee shop and kitchen feel we have morning and afternoon sessions that typically serve over 50 individuals each day. GLA (God's Li'l Acre) is located at 12521 33rd Ave NE and is a place for folks to just "be" in a safe and secure place. Over the years our Day Center has been deeply involved with volunteer groups and the Lake City Task Force on Homelessness. We also work with other providers who offer services such as healthcare access/medicaid sign-up, vehicle residency outreach, etc., and participate with Seattle University's school of nursing program for practicums and on-site training. For 300-400 individuals who regularly share space with us each month, our GLA Day Center is a thriving example of how a community can collaborate and combine service delivery to create meaningful impact and solutions. For many, our ability to engage and build trusted relationships becomes the basis upon which their pathways to housing begin.

Program 3
Expenses: $0 Revenue: $0

Our Community Outreach work engages directly with our unhoused neighbors to begin participating in ongoing relationships. For many of our clients, this is where our work together starts as we support...

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Our Community Outreach work engages directly with our unhoused neighbors to begin participating in ongoing relationships. For many of our clients, this is where our work together starts as we support people on the path to shelter and housing. In 2023 our North Seattle/King County Outreach team served over 550 individuals.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,983,464
Program Service Revenue $0
Investment Income $0
Other Revenue $9,944
TOTAL REVENUE $2,993,408

Expense Breakdown

Grants Paid $24,428
Salaries & Benefits $1,656,836
Fundraising Expenses $29,146
Program Expenses $2,233,755
Other Expenses $793,003
TOTAL EXPENSES $2,474,267

Year-over-Year Comparison

2023 2022 Change
Revenue $2,993,408 $2,928,211 +0.0%
Expenses $2,474,267 $2,453,328 +0.0%
Net Income $519,141 $474,883 +0.1%
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
9
Independent Members
9
Employees
61
Volunteers
20

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
1
$153,959
Total Directors
12
$0
Key Employees
1
$153,959
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Towey Exec Director 40
Officer Key Emp
$153,959 $0 $153,959
David Foster-Koth Chair 4
Director
$0 $0 $0
Richard Brooks Secretary 4
Director
$0 $0 $0
Jenne Alderks Treasurer 2
Director
$0 $0 $0
Scott Sipes Treasurer 4
Director
$0 $0 $0
Diana Leytham Board Member 2
Director
$0 $0 $0
Nicki Rosling Board Member 1
Director
$0 $0 $0
Mike Dee Board Member 1
Director
$0 $0 $0
Nev Trakic Board Member 1
Director
$0 $0 $0
Cara Santucci Board Member 2
Director
$0 $0 $0
Alice Nichols Board Member 1
Director
$0 $0 $0
Syreeta Kinnard Board Member 2
Director
$0 $0 $0
Azizeh Farajallah Board Member 2
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 $2,993,408 $2,474,267 $1,423,018 $519,141
2022 $2,928,211 $2,453,328 $904,585 $474,883
2021 $2,145,347 $2,105,682 $586,453 $39,665
2020 $774,304 $614,709 $348,968 $159,595
2019 $458,714 $424,785 $133,178 $33,929
2018 $383,495 $372,413 $105,637 $11,082
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