KATE'S HOUSE FOUNDATION

EIN: 814323129 501(c)(3) Crime & Legal

Seattle WA, WA

Total Revenue
$825,896
Total Expenses
$636,017
Total Assets
$337,376
Net Assets
$247,783
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
WA
Phone
2067435649
Tax Period
2024-01-01 to 2024-12-31

KATE'S HOUSE FOUNDATION, founded in 2017, is a small nonprofit in the Crime & Legal sector that reported $826K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $190K, a strong 23% operating margin.

Mission

To provide supported shared transitional housing for men and women who have substance use disorder and/or mental health diagnosis. We provide shared housing with programs and oversight to maintain a drug-free environment while clients pursue education and training. We are a level II NARR accredited Monitored housing program and allow medically assisted treatments. Dr. Sherri Candelario, co-founder has expertise in the area of addiction medicine.

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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 $116,691
Program Service Revenue $709,205
Investment Income $0
Other Revenue $0
TOTAL REVENUE $825,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,717
Fundraising Expenses $0
Program Expenses $578,318
Other Expenses $568,300
TOTAL EXPENSES $636,017

Year-over-Year Comparison

2024 2023 Change
Revenue $825,896 $616,568 +0.3%
Expenses $636,017 $567,473 +0.1%
Net Income $189,879 $49,095 +2.9%
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
5
Independent Members
3
Employees
2
Volunteers
18

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
2
$0
Total Directors
5
$54,975
Key Employees
3
$40,797
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomera Revais Director of Community Development 32
Director Key Emp
$29,975 $0 $29,975
Errica Chesterfield Director and Key Consultant 20
Director
$25,000 $0 $25,000
Rick Veersteeg 10 0
Key Emp
$6,925 $0 $6,925
Robert Cox General Contractor 5
Key Emp
$3,897 $0 $3,897
Frank Candelario President and Director 35
Officer Director
$0 $0 $0
Sherri Candelario PhD Secretary and Director 35
Officer Director
$0 $0 $0
Kate Turley Outside Expert on SUD with Lived Experience 10
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 $825,896 $636,017 $337,376 $189,879
2023 $616,568 $567,473 $131,404 $49,095
2022 $424,655 $412,231 $82,309 $12,424
2020 $45,149 $26,375 No data $18,774
2019 $34,834 $27,144 No data $7,690
2019 $196,834 $27,144 No data $169,690
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