PROVIDENCE BLANCHET ASSOCIATION

EIN: 911789266 501(c)(3) Housing & Shelter

RENTON, WA

Total Revenue
$252,450
Total Expenses
$235,691
Total Assets
$638,842
Net Assets
$593,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
WA
Principal Officer
ERIK WEXLER
Phone
8553605478
Tax Period
2023-01-01 to 2023-12-31

PROVIDENCE BLANCHET ASSOCIATION, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $252K in total revenue in fiscal year 2023. Expenses of $236K left a modest 7% surplus.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

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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 $169,976
Program Service Revenue $76,365
Investment Income $0
Other Revenue $6,109
TOTAL REVENUE $252,450

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,760
Fundraising Expenses $0
Program Expenses $206,561
Other Expenses $162,931
TOTAL EXPENSES $235,691

Year-over-Year Comparison

2023 2022 Change
Revenue $252,450 $246,927 +0.0%
Expenses $235,691 $268,016 -0.1%
Net Income $16,759 $-21,089 -1.8%
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
11
Independent Members
11
Employees
N/A
Volunteers
14

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
3
$9,866,317
Total Directors
11
$405,151
Key Employees
1
$583,716
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY LYONS PHD DIRECTOR 0.50
Director
$0 $0 $100,085
MICHAEL MURPHY BOARD CHAIR 1.00
Director
$0 $0 $75,066
CHARLES SORENSON MD DIRECTOR 0.50
Director
$0 $0 $50,000
ISIAAH CRAWFORD PHD DIRECTOR 0.50
Director
$0 $0 $50,000
RICHARD BLAIR DIRECTOR 0.50
Director
$0 $0 $50,000
ERIC SPRUNK DIRECTOR 0.50
Director
$0 $0 $40,000
MARY BETH KINGSTON DIRECTOR 0.50
Director
$0 $0 $40,000
MARVIN O'QUINN DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
SISTER CAROL PACINI LCM DIRECTOR 0.50
Director
$0 $0 $0
SISTER DIANE HEJNA CSJ RN DIRECTOR 0.50
Director
$0 $0 $0
SISTER PHYLLIS HUGHES RSM DRPH DIRECTOR 0.50
Director
$0 $0 $0
ERIK WEXLER PRESIDENT 0.50
Officer
$0 $461,693 $5,616,067
GREG HOFFMAN TREASURER 0.50
Officer
$0 $334,955 $3,539,549
JAMIE GOODWIN SECRETARY 1.00
Officer
$0 $110,300 $710,701
DIANNA REELY CHIEF RESIDENTIAL SRVCS - HCC 4.00
Key Emp
$0 $168,301 $583,716
JO ANN ESCASA-HAIGH FRMR EVP/ASSISTANT TREASURER 0.00
$0 $10,754 $3,302,551
ROBERT HELLRIGEL FRMR EVP CE HOME & COMM CARE 0.00
$0 $0 $1,695,331
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 $252,450 $235,691 $638,842 $16,759
2022 $246,927 $268,016 $630,201 $-21,089
2021 $235,769 $266,410 $644,070 $-30,641
2020 $220,562 $229,003 $665,447 $-8,441
2019 $217,575 $275,028 $678,084 $-57,453
2018 $215,834 $255,198 $729,410 $-39,364
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