Nami Washington

Nonprofit profile at a glance

EIN
911689067
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-EZ 2013
Location
Seattle, WA, USA
Phone
2067834288
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services N.E.C.

Reported finances

Revenue
$1,499,456
Expenses
$1,729,531
Assets
$672,939
Liabilities
$416,663

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • LAUREN SIMONDS (EXECUTIVE DIRECTOR)
  • SUMMER STARR (INTERIM EXECUTIVE DIRECTOR)
  • CHARITY HOLMES (PRESIDENT)
  • FRANCES MARSHALL (VICE PRESIDENT)
  • ALICE NICHOLS (PAST PRESIDENT)

Highest reported compensation

  • LAUREN SIMONDS (EXECUTIVE DIRECTOR): $119,564 total reported compensation
  • SUMMER STARR (INTERIM EXECUTIVE DIRECTOR): $83,953 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of nami Washington is to improve the quality of life for all those affected by mental health conditions in Washington state through a program of education, support & recovery, and advocacy.

What it reported doing in 2024

Support & outreach: nami Washington's array of support and outreach efforts are focused on educating washingtonians about mental health conditions, treatment, support services and recovery. In fy2024, nami Washington hosted the 20th annual namiwalks Washington event where supporters gathered at four locations across the state to celebrate recovery, advocate for a more robust mental health service system, and combat the stigma associated with mental health conditions. The annual state conference brought over 120 members and providers together for a day of educational workshops focused on all aspects of mental health treatment, recovery, and system operations and to celebrate our 45th anniversary.affiliate support, development and community engagement is part of our support and outreach activities. Nami Washington provides organizational development support for our alliance of affiliates, and we consult and provide educational opportunities on how to run a nonprofit, board development and retention and function, committee building, volunteer recruitment and engagement. Through our sharing hope and compartiendo esperanza, and me mente and me fuerza educational programs, we work with community leaders in the black/african american and the latino/a/e/hispanic communities to bring discussion of mental health and resources to them. We also provide educational programming to all faith communities via nami faithnet. Nami Washington holds a performance storytelling event, the brainpower chronicles, featuring six nami members who share their mental health journeys during a 1-evening performance. In 2024 this event was held on november 16th with an in person audience of approximately 45.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 67% for direct work, 28% for grants, and 5% for affiliated organizations.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 16
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.8%; rating input score 96
  • Program expense ratio: 83%; rating input score 83
  • Fundraising efficiency: $12.15 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.4%; rating input score 99; 49th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -15.3%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.62; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 11.8%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 15.4% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 13.9% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 11.9% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 95.8% of revenue deployed · 83% of spending went to programs
  • Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.4M in reported program spending
  • Leadership: top reported pay $120K · 28 people listed
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Related organizations: 13 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.