Senior Services of Island County
Nonprofit profile at a glance
- EIN
- 521049443
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Freeland, WA, USA
- Phone
- 3603211600
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $3,666,501
- Expenses
- $3,696,444
- Assets
- $2,566,239
- Liabilities
- $336,273
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- MICHELE CATO (EXECUTIVE DIRECTOR)
- JAN BAHNER (PRESIDENT)
- KATHRYN BEAUMONT (VICE PRESIDENT (THROUGH FEB 2024))
- SARAH STITELER (BOARD MEMBER & VICE PRESIDENT)
Highest reported compensation
- MICHELE CATO (EXECUTIVE DIRECTOR): $127,265 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Island senior resources seeks to share the joys and help meet the challenges of aging in our island county communities by providing integrated programs and services.
What it reported doing in 2024
Aging & disabilities resources (adr) and case management helped seniors, families, and caregivers in island county access the resources that support their health and well-being including medicare advising, social security programs, veteran assistance, financial programs, energy assistance, medical transportation, adult day programs, nutritional support, assisted/supported living options, respite programs, long-term care planning and case management. Our family caregiver support efforts provided support, education, respite and resources for unpaid caregivers in island county. Services were provided in-person, by phone or in-home as needed. The adr staff connected clients to relevant programs at ssic to ensure their full range of needs were met and monitored. One call opens all ssic program doors. During 2024, ssic responded to 6,165 requests for resources and support. The geographical service breakdown in island county was 53% north whidbey, 41% south whidbey and 6% camano.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 80
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 36
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.5%; rating input score 86
- Program expense ratio: 84.4%; rating input score 84
- Fundraising efficiency: $11.15 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 3.4%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 21st percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: -6.9% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 85.5% of revenue deployed · 84.4% of spending went to programs
- Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
- Programs: 6 filed program accomplishments · $3.1M in reported program spending
- Leadership: top reported pay $127K · 15 people listed
- Highest-paid contractors: 1 contractor listed · $159K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.