FISHINKO PAYEE SERVICES

EIN: 842096093 501(c)(3) Unknown

TACOMA, WA

Total Revenue
$209,807
Total Expenses
$215,215
Total Assets
$2,189
Net Assets
$-2,060
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
WA
Principal Officer
SHERELLE A SINKO
Phone
2068503001
Tax Period
2023-01-01 to 2023-12-31

FISHINKO PAYEE SERVICES, founded in 2020, is a small nonprofit in the Unknown sector that reported $210K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

WE ARE REPRESENTATIVE PAYEES - WE ACT ON BEHALF OF OUR CLIENTS AS THE RECEIVER OF UNITED STATES SOCIAL SECURITY DISABILITY OR SUPPLEMENTAL SECURITY INCOME FOR A PERSON WHO IS NOT CAPABLE OF MANAGING THEIR FUNDS. OUR JOB IS TO MAKE SURE CLIENTS HAVE CONSISTENT FUNDS TO PAY FOR THEIR HOUSING, FOOD AND EVERYDAY NEEDS. ADDITIONALLY AS PAYEES WE TRY GET TO KNOW OUR CLIENTS BEYOND JUST PAYING THEIR BILLS AND RENT. WE THINK WITH THIS BIGGER PICTURE APPROACH WE HAVE GREATER INSIGHT INTO HOW WE CAN REALLY MAKE A DIFFERENCE FOR OUR CLIENTS.

Program Service Accomplishments

Program 1
Expenses: $192,617 Revenue: $209,807

WE ARE REPRESENTATIVE PAYEES, ACTING ON BEHALF OF OUR CLIENTS WHO ARE NOT CAPABLE OF MANAGING THEIR FUNDS THAT ARE RECEIVED FROM UNITED STATES SOCIAL SECURITY DISABILITY OR SUPPLEMENTAL SECURITY...

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WE ARE REPRESENTATIVE PAYEES, ACTING ON BEHALF OF OUR CLIENTS WHO ARE NOT CAPABLE OF MANAGING THEIR FUNDS THAT ARE RECEIVED FROM UNITED STATES SOCIAL SECURITY DISABILITY OR SUPPLEMENTAL SECURITY INCOME. OUR JOB IS TO MAKE SURE CLIENTS HAVE CONSISTENT FUNDS TO PAY FOR HOUSING, FOOD, AND OTHER EVERYDAY NEEDS. OUR CLOSE WORK WITH THEIR FINANCIAL WELL-BEING ALSO PROVIDES AN OPPORTUNITY FOR US TO GET TO KNOW OUR CLIENTS AND USE A BIGGER PICTURE APPROACH, ADDING TO THEIR SUPPORT SYSTEM SO WE CAN MAKE A DIFFERENCE BEYOND OUR PRIMARY MISSION.

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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 $0
Program Service Revenue $209,807
Investment Income $0
Other Revenue $0
TOTAL REVENUE $209,807

Expense Breakdown

Grants Paid $0
Salaries & Benefits $154,417
Fundraising Expenses $0
Program Expenses $192,617
Other Expenses $60,798
TOTAL EXPENSES $215,215

Year-over-Year Comparison

2023 2022 Change
Revenue $209,807 $170,069 +0.2%
Expenses $215,215 $171,209 +0.3%
Net Income $-5,408 $-1,140 +3.7%
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

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
3
Independent Members
3
Employees
5
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
2
$129,072
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CC MENDOZA BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN DEVEREAUX BOARD MEMBER 1.00
Director
$0 $0 $0
MADELINE SWEET BOARD MEMBER 1.00
Director
$0 $0 $0
JILL FISH CO-EXECUTIVE DIRECTOR 20.00
Officer
$64,536 $0 $64,536
SHERELLE SINKO CO-EXECUTIVE DIRECTOR 20.00
Officer
$64,536 $0 $64,536
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 $209,807 $215,215 $2,189 $-5,408
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