THE KENNEY

EIN: 910280360 501(c)(3) Human Services

SEATTLE, WA

Total Revenue
$4,583,169
Total Expenses
$8,743,012
Total Assets
$29,214,797
Net Assets
$-5,278,575
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1900
Legal Domicile
WA
Principal Officer
JENNIFER MEYEROWITZ
Phone
8474468400
Tax Period
2024-01-01 to 2024-12-31

THE KENNEY, founded in 1900, is a community nonprofit in the Human Services sector that reported $4.6M in total revenue in fiscal year 2024. Expenses of $8.7M exceeded revenue, resulting in a 91% operating deficit.

Mission

OPERATE A CONTINUING CARE FACILITY FOR SENIORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $601,512
Program Service Revenue $3,925,113
Investment Income $196
Other Revenue $56,348
TOTAL REVENUE $4,583,169

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,528,120
Fundraising Expenses $0
Program Expenses $6,133,947
Other Expenses $5,214,892
TOTAL EXPENSES $8,743,012

Year-over-Year Comparison

2024 2023 Change
Revenue $4,583,169 N/A N/A
Expenses $8,743,012 N/A N/A
Net Income $-4,159,843 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1
Independent Members
1
Employees
96
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A APPOINTED RECEIVER 40.00
$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 $4,583,169 $8,743,012 $29,214,797 $-4,159,843
2022 $5,774,370 $6,835,718 $28,393,331 $-1,061,348
2021 $8,055,447 $6,998,249 $30,891,794 $1,057,198
2020 $6,875,146 $8,041,454 $29,019,240 $-1,166,308
2019 $6,647,550 $8,122,768 $28,553,116 $-1,475,218
2018 $5,946,237 $7,993,621 $23,997,145 $-2,047,384
Explore More Nonprofits
→Top 100 Nonprofits in Washington →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE KENNEY with other nonprofits in Washington and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.