Seattle, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)501 Commons, founded in 1989, is a mid-sized nonprofit in the Community Improvement sector that reported $22.2M in total revenue in fiscal year 2023. Revenue surged 214% from the prior year, signaling strong growth momentum. Expenses of $26.1M exceeded revenue, resulting in a 17% operating deficit.
We all rise when nonprofits thrive. At 501 Commons we serve nonprofits as experts, innovators and partners. Our passion is to amplify the strengths of nonprofits - so all people and communities florish.
501 Commons serves as the program administrator for Washington State Opportunity Scholarship. WSOS removes barriers to education and helps Washington students forge their path to high-demand STEM...
501 Commons serves as the program administrator for Washington State Opportunity Scholarship. WSOS removes barriers to education and helps Washington students forge their path to high-demand STEM, health care, and trade careers in Washington State. Opportunity scholars receive financial assistance, career training, and mentorship services that uniquely position them to meet our state's workforce shortages. 65% of participants are scholars of color, 54% are women or nonbinary, and 62% are first generation scholars.
Our technology programs include IT infrastructure, cyberecurity and data solutions. Data solutions worked on 58 database development and maintenance projects with 32 organizations. IT infrastructure...
Our technology programs include IT infrastructure, cyberecurity and data solutions. Data solutions worked on 58 database development and maintenance projects with 32 organizations. IT infrastructure worked on 100 projects or ongoing IT managed services with 59 organizations. Organizations receiving managed services have the benefits of ongoing backup, antivirus, and monitoring the security of their networks. These services allow nonprofits of all types and sizes keep their data safe, work efficiently, communicate effectively, and track relationships and results.
Our financial services program worked on 208 accounting, tax and consulting engagements with organizations. Having professional financial services at affordable rates provides our clients with the...
Our financial services program worked on 208 accounting, tax and consulting engagements with organizations. Having professional financial services at affordable rates provides our clients with the financial data they need to make sound management decisions and allows them to focus on their missions, budgets, financial reports, and tax returns that meet professional standards and are a baseline requirement for effective fundraising.
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 | $22,195,269 | $7,078,220 | +2.1% |
| Expenses | $26,053,005 | $21,543,334 | +0.2% |
| Net Income | $-3,857,736 | $-14,465,114 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| KIMBERLY CONNORS | WSOS Executive Dir | 40.00 |
Officer
|
$184,265 | $7,371 | $191,636 |
| NANCY LONG | Executive Director | 40.00 |
Officer
|
$126,980 | $1,270 | $128,250 |
| JANICE DEGUCHI | Board Member | 0.500 |
Director
|
$0 | $0 | $0 |
| GREG DIETZEL | Board Member | 0.500 |
Director
|
$0 | $0 | $0 |
| IVAN LEE | Board Member | 0.500 |
Director
|
$0 | $0 | $0 |
| CHRIS MCCLINCY | Board Member | 0.500 |
Director
|
$0 | $0 | $0 |
| RITA RYDER | Board Member | 0.500 |
Director
|
$0 | $0 | $0 |
| SALLEY ANDERSON | Board Member | 0.500 |
Director
|
$0 | $0 | $0 |
| JIM YEARBY | Board Member | 0.500 |
Director
|
$0 | $0 | $0 |
| MARC GARCIA | Board Member | N/A |
Director
|
$0 | $0 | $0 |
| RICHARD STARNES | President | 0.500 |
Officer
Director
|
$0 | $0 | $0 |
| ALICIA YAMAMOTO | Vice President | 0.500 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS MILLER | Treasurer | 0.500 |
Officer
Director
|
$0 | $0 | $0 |
| FRANK HAGEL | Secretary | 0.500 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $22,195,269 | $26,053,005 | $127,359,527 | $-3,857,736 |
| 2022 | $7,078,220 | $21,543,334 | $124,125,139 | $-14,465,114 |
| 2021 | $4,138,516 | $4,296,188 | $2,535,580 | $-157,672 |
| 2020 | $3,626,353 | $4,296,088 | $2,276,074 | $-669,735 |
| 2019 | $4,004,175 | $4,289,610 | $1,984,639 | $-285,435 |
| 2018 | $4,068,941 | $3,561,563 | $2,305,269 | $507,378 |
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