Pacific Sound Resources Environmental Trust

EIN: 916378554 501(c)(3) Environment

Olympia, WA

Total Revenue
$315,641
Total Expenses
$52,135
Total Assets
$6,389,186
Net Assets
$6,388,976
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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
1993
Legal Domicile
WA
Principal Officer
Daniel J Silver
Phone
3607549343
Tax Period
2024-01-01 to 2024-12-31

Pacific Sound Resources Environmental Trust, founded in 1993, is a small nonprofit in the Environment sector that reported $316K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $264K, a strong 83% operating margin.

Mission

LIQUIDATE PACIFIC SOUND RESOURCE, INC. TO SETTLE CERCLA CLAIMS ON BEHALF OF THE U.S. E.P.A.

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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 $0
Program Service Revenue $0
Investment Income $315,641
Other Revenue $0
TOTAL REVENUE $315,641

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,842
Fundraising Expenses $0
Program Expenses $921
Other Expenses $50,293
TOTAL EXPENSES $52,135

Year-over-Year Comparison

2024 2023 Change
Revenue $315,641 $336,662 -0.1%
Expenses $52,135 $47,214 +0.1%
Net Income $263,506 $289,448 -0.1%
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
1
Independent Members
1
Employees
N/A
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
0
$0
Total Directors
1
$1,842
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dan Silver Trustee 2.0
Director
$1,842 $0 $1,842
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 $315,641 $52,135 $6,389,186 $263,506
2023 $336,662 $47,214 $5,912,120 $289,448
2022 $107,690 $44,745 $5,332,113 $62,945
2021 $385,043 $49,987 $6,141,712 $335,056
2020 $-96,751 $42,255 $5,498,940 $-139,006
2019 $87,433 $41,948 $5,390,740 $45,485
2018 $625,475 $46,786 $4,810,246 $578,689
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