FOUNDATION FOR MULTICULTURAL SOLUTIONS

EIN: 912011451 501(c)(3) Human Services

TACOMA, WA

Total Revenue
$278,840
Total Expenses
$276,688
Total Assets
$44,369
Net Assets
$41,991
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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
1999
Legal Domicile
WA
Phone
2535723214
Tax Period
2024-01-01 to 2024-12-31

FOUNDATION FOR MULTICULTURAL SOLUTIONS, founded in 1999, is a small nonprofit in the Human Services sector that reported $279K in total revenue in fiscal year 2024.

Mission

Promoting recovery from substance use disorders.

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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 $161,316
Program Service Revenue $117,524
Investment Income $0
Other Revenue $0
TOTAL REVENUE $278,840

Expense Breakdown

Grants Paid $0
Salaries & Benefits $184,591
Fundraising Expenses $0
Program Expenses $208,886
Other Expenses $92,097
TOTAL EXPENSES $276,688

Year-over-Year Comparison

2024 2023 Change
Revenue $278,840 $292,882 0.0%
Expenses $276,688 $273,321 +0.0%
Net Income $2,152 $19,561 -0.9%
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
6
Independent Members
5
Employees
5
Volunteers
N/A

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
$31,661
Total Directors
6
$31,661
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maria Del Carmen Murphy Executive Director 40.00
Officer Director
$31,661 $0 $31,661
Luis D Rivera Zayas President 2.00
Officer Director
$0 $0 $0
Stephen Standford Secretary 2.00
Officer Director
$0 $0 $0
Luis Ramirez Treasurer 2.00
Officer Director
$0 $0 $0
Carlos Mejia Vice President 2.00
Officer Director
$0 $0 $0
Mark Milagros Director 2.00
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
2025 No data No data No data No data
2024 $278,840 $276,688 $44,369 $2,152
2023 $292,882 $273,321 $43,041 $19,561
2021 $279,389 $249,129 $56,136 $30,260
2020 $249,090 $223,214 No data $25,876
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