SOUND FOUNDATIONS NW (EIN 853697725) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

BARB OLIVER

Phone

2532178620

Tax Period

2024-01-01 to 2024-12-31

SOUND FOUNDATIONS NW, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $834K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $501K, a strong 60% operating margin.

Mission

SOUND FOUNDATIONS NW BUILDS TINY TRANSITIONAL HOMES FOR THE HOMELESS. GETTING THE HOMELESS OFF THE STREETS INTO A WARM, SAFE, DRY SPACE UNTIL THEY CAN GET PERMANENT HOUSING

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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 (2024)

Revenue Breakdown

Contributions & Grants $834,439

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $834,439

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $333,063

TOTAL EXPENSES $333,063

Year-over-Year Comparison

	2024	2023	Change
Revenue	$834,439	$630,083	+0.3%
Expenses	$333,063	$591,796	-0.4%
Net Income	$501,376	$38,287	+12.1%

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

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARB OLIVER	PRESIDENT	40.00	Director	$0	$0	$0
BEATICE VAN TULER	BOARD OF DIRECTOR	20.00	Officer	$0	$0	$0
BRUCE DEVEREAUX	TREASURER	20.00	Officer	$0	$0	$0
TOM LENNON	SECRETARY	20.00	Officer	$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	$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

SOUND FOUNDATIONS NW