North Sound ACH

What it reported doing in 2024

North sound ach exists to create a just and inclusive culture and the necessary conditions required for all community members to thrive. We serve over one million residents in five counties: snohomish, skagit, island, san juan, and whatcom, alongside eight tribal nations: lummi nation, nooksack indian tribe, samish indian nation, sauk-suiattle indian tribe, stillaguamish tribe of indians, swinomish indian tribal community, tulalip tribes, and upper skagit indian tribe. North sound ach advances a just, inclusive, and collaborative culture by partnering with a network of regional and local organizations, working together on the vital conditions necessary for individual and collective well-being. Regional investments are well coordinated to ensure measurable improvement in well-being at a population-wide level, and for historically marginalized groups. In 2024, north sound ach invested $4.5 million to partners for equitable, solutions-based projects; the proposals were reviewed and funding distributed by a review committee, composed of community members and staff from partner organizations with lived experience. These partners make up the collaborative action network, which has grown from 50 organizations in 2022, to 120 by the end of 2023, and to 222 partners as of the end of 2024. Our care coordination hub grew from two agencies to nine during 2024, meeting our goal of having agreements with partners in all five counties. Finally, we committed to a framework of storytelling, to elevate and uplift community voices. We feature the experiences and work of those from the community onto our podcast, virtual learning series, at state and national conference presentations, and invest in capacity building from our partners' own work in storytelling and documentary media.

Financial Efficiency

• Mission deployment rate: 36.9%; rating input score 37
• Program expense ratio: 81.8%; rating input score 82
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 98.5%; rating input score 99; 30th 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; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 51.6%; rating input score 94; 94th percentile among comparable filings
• Total-asset coverage ratio: 5.18; rating input score 85; 85th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 77; 77th percentile among comparable filings
• Officer compensation ratio: 7.7%; rating input score 32; 32nd percentile among comparable filings

Growth

• Program expense growth: -2.9% per year; rating input score 0; 5th percentile among comparable filings
• Revenue growth: 4.3% per year; rating input score 100; 38th percentile among comparable filings
• Asset growth: 16.2% per year; rating input score 100; 83rd percentile among comparable filings