TUKWILA, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUND CITIES ASSOCIATION, founded in 1993, is a small nonprofit that reported $975K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $926K left a modest 5% surplus.
Leadership through advocacy, education, mutual support, and networking to member cities in King County as they act locally, partner regionally to create livable vital communities. Activities supporting the mission: appointment of elected to boards/committees, monitoring regional issues for city impact.
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 | $975,121 | $883,056 | +0.1% |
| Expenses | $926,432 | $922,002 | +0.0% |
| Net Income | $48,689 | $-38,946 | -2.3% |
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 |
|---|---|---|---|---|---|---|
| David Hoffman | Executive Director | 40.00 |
Officer
|
$196,251 | $50,017 | $246,268 |
| Brian Parry | Policy Director | 40.00 |
Highest
|
$147,558 | $28,074 | $175,632 |
| Leah Willoughby | Chief Operating Officer | 40.00 |
Highest
|
$117,989 | $23,438 | $141,427 |
| Jan Molinaro | Board President and Mayor of Enumclaw | 10.00 |
Director
|
$0 | $0 | $0 |
| Mary Lou Pauly | Board Vice President and Mayor of Issaquah | 10.00 |
Director
|
$0 | $0 | $0 |
| Carl Cole | Board Treasurer and City Manager of SeaTac | 4.00 |
Director
|
$0 | $0 | $0 |
| James McNeal | Board Secretary and Councilmember for Bothell | 4.00 |
Director
|
$0 | $0 | $0 |
| Angela Birney | Board Immediate Past President and Mayor of Redmond | 4.00 |
Director
|
$0 | $0 | $0 |
| Amy Falcone | Board member and Councilmember for Kirkland | 4.00 |
Director
|
$0 | $0 | $0 |
| Wendy Weiker | Board member and Duputy Mayor of Mercer Island | 4.00 |
Director
|
$0 | $0 | $0 |
| De'Sean Quinn | Board member and Councilemember for Tukwila | 4.00 |
Director
|
$0 | $0 | $0 |
| Jim Ferrell | Board member and Mayor of Federal Way | 4.00 |
Director
|
$0 | $0 | $0 |
| Traci Buxton | Board member and Deputy Mayor of Des Moines | 4.00 |
Director
|
$0 | $0 | $0 |
| Amy Ockerlander | Board member and Mayor of Duvall | 4.00 |
Director
|
$0 | $0 | $0 |
| Armondo Pavone | Board member and Mayor of Renton | 4.00 |
Director
|
$0 | $0 | $0 |
| Bill Boyce | Board member and Council President for Kent | 4.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $975,121 | $926,432 | $1,729,853 | $48,689 |
| 2022 | $883,056 | $922,002 | $1,601,769 | $-38,946 |
| 2021 | $819,957 | $777,620 | $840,811 | $42,337 |
| 2020 | $798,174 | $742,771 | $796,708 | $55,403 |
| 2019 | $830,188 | $802,334 | $705,849 | $27,854 |
| 2018 | $758,629 | $772,605 | $666,740 | $-13,976 |
Compare SOUND CITIES ASSOCIATION with other nonprofits in Washington and across the country.