Sound Foundations NW

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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

2018

Legal Domicile

Principal Officer

Mark Horowitz

Phone

7816475295

Tax Period

2025-01-01 to 2025-12-31

Sound Foundations NW, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $787K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $166K, a strong 21% operating margin.

Mission

Sound Foundations NW builds and donates tiny transitional homes for the homeless. Getting the homeless off the streets into a warm safe and dry space until they can get permanent housing is our mission.

Program Service Accomplishments

Program 1

Expenses: $576,974 Revenue: $0

During 2025 we built and donated 113 tiny homes to organizations for the construction of tiny home villages with supportive services.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $767,104

Program Service Revenue $0

Investment Income $19,408

Other Revenue $0

TOTAL REVENUE $786,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $25,532

Program Expenses $576,974

Other Expenses $620,685

TOTAL EXPENSES $620,685

Year-over-Year Comparison

	2025	2024	Change
Revenue	$786,512	$834,439	-0.1%
Expenses	$620,685	$333,063	+0.9%
Net Income	$165,827	$501,376	-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

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

1100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Horowitz	Board treasurer	20.00	Director	$0	$0	$0
David Means	Board President	30.00	Director	$0	$0	$0
Tom Lennon	Director	30.00	Director	$0	$0	$0
Ruth Miller	Board Secretary	20.00	Director	$0	$0	$0
Beatrice van Tulder	Director	10.00	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
2025	$786,512	$620,685	$1,008,212	$165,827
2024	$834,439	$333,063	$679,339	$501,376
2023	$630,083	$591,796	$177,963	$38,287
2022	$709,770	$631,253	$139,676	$78,517
2021	$391,912	$330,753	$61,159	$61,159