O U R PASSION

EIN: 814045228 501(c)(3) Housing & Shelter

Yakima, WA

Total Revenue
$714,645
Total Expenses
$700,572
Total Assets
$47,722
Net Assets
$18,872
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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
2016
Legal Domicile
WA
Principal Officer
Steve Ouradnik
Tax Period
2024-01-01 to 2024-12-31

O U R PASSION, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $715K in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum.

Mission

O.U.R Passion is to provide the community with affordable, safe housing for people coming out of addiction treatment, incarceration, mental health facilities, and others in need.

Program Service Accomplishments

Program 1
Expenses: $699,572

Not applicable, our program described in Schedule O.

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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 $0
Program Service Revenue $714,645
Investment Income $0
Other Revenue $0
TOTAL REVENUE $714,645

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,396
Fundraising Expenses $0
Program Expenses $699,572
Other Expenses $560,176
TOTAL EXPENSES $700,572

Year-over-Year Comparison

2024 2023 Change
Revenue $714,645 $341,557 +1.1%
Expenses $700,572 $339,884 +1.1%
Net Income $14,073 $1,673 +7.4%
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
1
Independent Members
N/A
Employees
8
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
1
$53,003
Total Directors
1
$53,003
Key Employees
2
$71,953
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve R Ouradnik President/Chief Executive Officer 040.00
Officer Director Key Emp Highest
$53,003 $0 $53,003
Misty K Knox Bookkeeper 005.00
Key Emp
$18,950 $0 $18,950
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 $714,645 $700,572 $47,722 $14,073
2023 $341,557 $320,265 $7,322 $21,292
2022 $224,431 $202,327 $4,313 $22,104
2021 $218,500 $182,444 $4,585 $36,056
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