SANCTUARY MENTAL HEALTH MINISTRIES

EIN: 873735624 501(c)(3) Mental Health

BELLINGHAM, WA

Total Revenue
$475,176
Total Expenses
$357,596
Total Assets
$249,904
Net Assets
$246,571
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WA
Principal Officer
GARRETT THIESSEN
Phone
7788364673
Tax Period
2024-01-01 to 2024-12-31

SANCTUARY MENTAL HEALTH MINISTRIES, founded in 2021, is a small nonprofit in the Mental Health sector that reported $475K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $118K, a strong 25% operating margin.

Mission

WE PROVIDE RESOURCES THAT MEANINGFULLY ENGAGE THE TOPICS OF FAITH AND MENTAL HEALTH. OUR CONTENT IS DEVELOPED IN COLLABORATION WITH THEOLOGIANS, MENTAL HEALTH PROFESSIONALS, AND PEOPLE WITH LIVED EXPERIENCE OF MENTAL HEALTH CHALLENGES. THESE RESOURCES PREPARE COMMUNITIES OF FAITH AROUND THE WORLD TO RAISE AWARENESS, REDUCE STIGMA, SUPPORT MENTAL HEALTH, AND PROMOTE MENTAL WELLBEING.

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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 $475,176
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $475,176

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $33,715
Program Expenses $271,953
Other Expenses $257,596
TOTAL EXPENSES $357,596

Year-over-Year Comparison

2024 2023 Change
Revenue $475,176 $250,080 +0.9%
Expenses $357,596 $137,999 +1.6%
Net Income $117,580 $112,081 +0.0%
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

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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
8
Independent Members
8
Employees
N/A
Volunteers
11

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMILEE WATKINS MEMBER 1.00
Director
$0 $0 $0
DANIEL WHITEHEAD MEMBER 1.00
Director
$0 $0 $0
DAVID KIM MEMBER 1.00
Director
$0 $0 $0
GARRETT THIESSEN CHAIR 1.00
Officer Director
$0 $0 $0
HEATHER WALLACE TREASURER 1.00
Officer Director
$0 $0 $0
JESSICA HENDERSON MEMBER 1.00
Director
$0 $0 $0
JOHN PRITCHARD MEMBER 1.00
Director
$0 $0 $0
JOHN SWINTON VICE CHAIR 1.00
Officer Director
$0 $0 $0
NATE BUTLER MEMBER 1.00
Director
$0 $0 $0
SUZANNA HENDRICKS SECRETARY 1.00
Officer Director
$0 $0 $0
JUSTIN LINDSTROM MEMBER 1.00
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
2024 $475,176 $357,596 $249,904 $117,580
2023 $250,080 $137,999 $278,817 $112,081
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