HOPESOURCE

EIN: 910814544 501(c)(3) Human Services

ELLENSBURG, WA

Total Revenue
$18,174,664
Total Expenses
$17,511,596
Total Assets
$21,736,806
Net Assets
$8,660,440
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
WA
Principal Officer
SUSAN GRINDLE
Phone
5099251448
Tax Period
2024-01-01 to 2024-12-31

HOPESOURCE, founded in 1967, is a mid-sized nonprofit in the Human Services sector that reported $18.2M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $17.5M left a modest 4% surplus.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR ALL MEMBERS OF THE COMMUNITY OF KITTITAS COUNTY BY ATTENDING TO ITS CITIZENS WHO ARE UNABLE TO TEMPORARILY STABILIZE THEMSELVES IN THE FIRST FOUR LEVELS OF MASLOW'S HIERARCHY OF NEEDS.

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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 $15,895,543
Program Service Revenue $1,960,932
Investment Income $16,950
Other Revenue $301,239
TOTAL REVENUE $18,174,664

Expense Breakdown

Grants Paid $4,960,459
Salaries & Benefits $7,389,346
Fundraising Expenses $118,109
Program Expenses $16,123,773
Other Expenses $5,161,791
TOTAL EXPENSES $17,511,596

Year-over-Year Comparison

2024 2023 Change
Revenue $18,174,664 $20,637,057 -0.1%
Expenses $17,511,596 $19,554,829 -0.1%
Net Income $663,068 $1,082,228 -0.4%
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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Governance

Voting Members
9
Independent Members
9
Employees
173
Volunteers
101

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
5
$362,557
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN GRINDLE CEO 40.00
Officer
$194,606 $10,553 $205,159
JOHN RAYMOND COO 40.00
Highest
$144,012 $18,025 $162,037
ARIAM MEHTSENTU CFO 40.00
Officer
$142,245 $15,153 $157,398
JERIANN EPPERSON CHRO 40.00
Highest
$118,449 $22,587 $141,036
KANE WADE CHAIR 1.00
Officer Director
$0 $0 $0
CLAIRE NICHOLLS VICE CHAIR, 1.00
Officer Director
$0 $0 $0
SHIANNE LOWE SECRETARY 1.00
Officer Director
$0 $0 $0
ELENA JAMES BOARD MEMBER 1.00
Director
$0 $0 $0
GUELA PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE WISENTEINER BOARD MEMBER 1.00
Director
$0 $0 $0
JUDY WARNIC BOARD MEMBER 1.00
Director
$0 $0 $0
KREMIERE JACSON BOARD MEMBER 1.00
Director
$0 $0 $0
RICH ELLIOTT BOARD 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 $18,174,664 $17,511,596 $21,736,806 $663,068
2023 $20,637,057 $19,554,829 $21,451,747 $1,082,228
2023 No data No data No data No data
2022 $17,407,227 $16,695,363 $16,903,546 $711,864
2021 $17,096,848 $14,789,428 $10,701,514 $2,307,420
2020 $11,315,033 $10,530,183 $7,522,980 $784,850
2019 $7,539,039 $6,787,140 $5,588,028 $751,899
2018 $6,470,247 $6,482,730 $5,136,358 $-12,483
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