Sequim, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Sequim Senior Services dba Shipley Center, founded in 1971, is a small nonprofit in the Human Services sector that reported $920K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $5.8M represent 76 months of operating reserves.
The mission of Shipley Center is to enrich the lives of adults through social, health and fitness activities, trips, educational classes, low-income housing opportunities and referrals to community resources. As part of our mission to provide "low-income housing opportunities", Sequim Senior Services operates Baywood Village as a non-profit age 55+ adult mobile home community donated to our organization in July of 2013. To assist low income seniors, our mission is to rent the spaces in Baywood Village at the lowest rental rate available in the Sequim area. Currently the rent is $385 per month and includes water and septic services. In addition, all residents of Baywood Village are given a free membership to Shipley Center to provide opportunities for them to participate in enriching activities. Monies received in excess of the expenes of running Baywood Village and it's services are used towards our overall non-profit mission. Our organization opened a non-profit cafe in May of 2016 to
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $919,965 | $754,309 | +0.2% |
| Expenses | $930,265 | $778,851 | +0.2% |
| Net Income | $-10,300 | $-24,542 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael M Smith | Executive Director | 50.00 |
|
$103,502 | $0 | $103,502 |
| Margaret L Cox | Vice President | 4.00 |
Director
|
$0 | $0 | $0 |
| Eileen Schmitz | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Miriam L Sutton | President | 4.00 |
Officer
Director
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$0 | $0 | $0 |
| Angela Jeziorski | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Joel K Hanson | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Cynthia A Crossman | Director | 4.00 |
Officer
Director
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$0 | $0 | $0 |
| Renee Millar | Secretary | 4.00 |
Officer
Director
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$0 | $0 | $0 |
| Beth Culhane | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Judith A Lange | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Charles Marshall | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Theresa Nasmith | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $919,965 | $930,265 | $6,063,474 | $-10,300 |
| 2022 | $754,309 | $778,851 | $6,131,652 | $-24,542 |
| 2021 | $869,782 | $643,190 | $6,051,494 | $226,592 |
| 2020 | $1,082,209 | $631,064 | $5,888,050 | $451,145 |
| 2019 | $773,780 | $690,179 | $5,085,979 | $83,601 |
| 2018 | $671,072 | $1,076,503 | $4,990,999 | $-405,431 |
Compare Sequim Senior Services dba Shipley Center with other nonprofits in Washington and across the country.