SOUTHEAST SEATTLE SENIOR FOUNDATION

EIN: 911634207 501(c)(3) Housing & Shelter

SEATTLE, WA

Total Revenue
$2,377,856
Total Expenses
$2,564,221
Total Assets
$12,725,001
Net Assets
$3,477,455
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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
1994
Legal Domicile
WA
Principal Officer
CURTIS BROWN
Phone
2067723922
Tax Period
2023-01-01 to 2023-12-31

SOUTHEAST SEATTLE SENIOR FOUNDATION, founded in 1994, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring.

Mission

TO PRESERVE AND REHABILITATE AFFORDABLE SENIOR HOUSING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $189,909
Program Service Revenue $2,131,465
Investment Income $56,482
Other Revenue $0
TOTAL REVENUE $2,377,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $696,963
Fundraising Expenses $37,600
Program Expenses $2,378,934
Other Expenses $1,867,258
TOTAL EXPENSES $2,564,221

Year-over-Year Comparison

2023 2022 Change
Revenue $2,377,856 $4,449,193 -0.5%
Expenses $2,564,221 $2,195,371 +0.2%
Net Income $-186,365 $2,253,822 -1.1%
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
12
Independent Members
12
Employees
12
Volunteers
12

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
4
$147,994
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CURTIS BROWN EXECUTIVE DI 40.00
Officer
$125,989 $22,005 $147,994
LINDA JOHNSTON PRESIDENT 10.00
Officer Director
$0 $0 $0
JEFF SANTERRE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ALICIA HASKINS SECRETARY 2.00
Officer Director
$0 $0 $0
GISELA BAXTER BOARD MEMBER 1.00
Director
$0 $0 $0
IMANTS HOLMQUIST BOARD MEMBER 1.00
Director
$0 $0 $0
BRIA CHAKOFSKY-LEWY BOARD MEMBER 5.00
Director
$0 $0 $0
BOB LUCIANO BOARD MEMBER 1.00
Director
$0 $0 $0
MARK JONES BOARD MEMBER 1.00
Director
$0 $0 $0
SELAM GEBREMARIAM BOARD MEMBER 1.00
Director
$0 $0 $0
PHIL MANZANO BOARD MEMBER 1.00
Director
$0 $0 $0
DERECK KAMWESA BOARD MEMBER 1.00
Director
$0 $0 $0
AJ MUSEWE 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 No data No data No data No data
2023 $2,377,856 $2,564,221 $12,725,001 $-186,365
2022 $4,449,193 $2,195,371 $13,033,694 $2,253,822
2021 $1,644,540 $1,871,398 $6,759,619 $-226,858
2020 $1,724,514 $1,604,126 $6,729,592 $120,388
2019 $1,579,705 $1,507,712 $6,595,158 $71,993
2018 $1,437,770 $1,476,018 $6,769,255 $-38,248
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