SPECIFIC SOLUTIONS & OPPORTUNITIES FOR URBAN LIVING & LEADERSHIP

EIN: 873822155 501(c)(3) Community Improvement

SEATTLE, WA

Total Revenue
$112,533
Total Expenses
$73,728
Total Assets
$41,394
Net Assets
$38,805
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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
2022
Principal Officer
JAMES REESE JR
Phone
2065798050
Tax Period
2022-01-01 to 2022-12-31

SPECIFIC SOLUTIONS & OPPORTUNITIES FOR URBAN LIVING & LEADERSHIP, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $113K in total revenue in fiscal year 2022. The organization ran a surplus of $39K, a strong 34% operating margin.

Mission

OUR NONPROFIT ORGANIZATION AND OUR ORGANIZATIONAL TEAM FOCUS, PARTNERS, AND COLLABORATES WITH SEVERAL COMMUNITY GROUPS, NON- AND FOR-PROFIT ORGANIZATIONS TO DESIGN, FACILITATE, AND DELIVER SERVICES TO MINORITY POPULATIONS. THESE PARTNERSHIPS AND COLLABORATIVE EFFORTS ARE VITAL TO THE SUCCESS OF OUR PRODUCTIVE CAPACITY.

Program Service Accomplishments

Program 1
Expenses: $11,627

OUR NONPROFIT ORGANIZATION AND OUR ORGANIZATIONAL TEAM FOCUS, PARTNERS, AND COLLABORATES WITH SEVERAL COMMUNITY GROUPS, NON- AND FOR-PROFIT ORGANIZATIONS TO DESIGN, FACILITATE, AND DELIVER SERVICES...

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OUR NONPROFIT ORGANIZATION AND OUR ORGANIZATIONAL TEAM FOCUS, PARTNERS, AND COLLABORATES WITH SEVERAL COMMUNITY GROUPS, NON- AND FOR-PROFIT ORGANIZATIONS TO DESIGN, FACILITATE, AND DELIVER SERVICES TO MINORITY POPULATIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $112,533
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $112,533

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,234
Fundraising Expenses $0
Program Expenses $11,627
Other Expenses $30,494
TOTAL EXPENSES $73,728

Year-over-Year Comparison

2022 2021 Change
Revenue $112,533 N/A N/A
Expenses $73,728 N/A N/A
Net Income $38,805 N/A N/A
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
2
Independent Members
2
Employees
9
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
$22,568
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTOINETTE REESE VICE PRESIDE 10.00
Officer
$11,980 $0 $11,980
JAMES REESE JR PRESIDENT 10.00
Officer
$10,588 $0 $10,588
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
2022 $112,533 $73,728 $41,394 $38,805
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