Common Good Seattle

EIN: 842020760 501(c)(3) Religion

Seattle, WA

Total Revenue
$200,334
Total Expenses
$196,961
Total Assets
$15,016
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
WA
Principal Officer
Tim Gaydos
Phone
2065102662
Tax Period
2020-01-01 to 2020-12-31

Common Good Seattle, founded in 2019, is a small nonprofit in the Religion sector that reported $200K in total revenue in fiscal year 2020. Revenue surged 111% from the prior year, signaling strong growth momentum.

Mission

To bring diverse communities together to build connective tissue between diverse stakeholders, establishing community effacacy, and reduce barriers between people where everyone can achieve their full potential without fear of exclusion.

Program Service Accomplishments

Program 1
Expenses: $123,312 Revenue: $0

Together Washington held its first Summit for the Common Good February 7th & 8th, 2020 in Seattle, WA with over 190 leaders representing Government, Business, Non-Profit and Faith sectors, from the...

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Together Washington held its first Summit for the Common Good February 7th & 8th, 2020 in Seattle, WA with over 190 leaders representing Government, Business, Non-Profit and Faith sectors, from the greater Seattle region in attendance. The event kicked off on Friday, February 7, 2020 with a reception from 6 to 8pm to get conversations going in a more relaxed atmosphere and to support the overall goal of the summit. The second day featured pairings, dialogue and discussion from a variety of leaders throughout our community and beyond. The premise of the first Summit for Common Good in Seattle was to be a catalyst for conversations surrounding some of the most challenging topics of the day. During the day the team from Together Washington showcased pairings of individuals who have successfully crossed divides, built effective relationships, and contributed to the common good. The Summit featured four "pairings" of people who have worked through significant differences to get good things done-two former state governors, two activists on opposites sides of the police-community divide, and two nonprofit executives facing conflict over a proposed development. These individuals sought common ground in the midst of disagreement, suspicion, and fear and chose to intentionally engage in productive, honest dialog that led to positive, common-good building outcomes that benefit everyone.

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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 (2020)

Revenue Breakdown

Contributions & Grants $200,334
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,334

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,985
Fundraising Expenses $36,198
Program Expenses $123,312
Other Expenses $55,976
TOTAL EXPENSES $196,961

Year-over-Year Comparison

2020 2019 Change
Revenue $200,334 $95,059 +1.1%
Expenses $196,961 $83,416 +1.4%
Net Income $3,373 $11,643 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
50

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
3
$140,985
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Williams Chair 3.00
Officer Director
$0 $0 $0
Nelson Reyneri Vice-Chair 2.00
Officer Director
$0 $0 $0
Michelle Merriweather Board Member 1.00
Director
$0 $0 $0
Meri Cypers Board Member 1.00
Director
$0 $0 $0
Elton Rivas Board Member 1.00
Director
$0 $0 $0
Jim DuBois Board Member 1.00
Director
$0 $0 $0
Tim Gaydos CEO 40.00
Officer
$140,985 $0 $140,985
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
2020 $200,334 $196,961 $15,016 $3,373
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