Snohomish County Corrections Association
Nonprofit profile at a glance
- EIN
- 911149236
- IRS 990-EZ coverage
- 2013–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2014
- Location
- Everett, WA, USA
- Phone
- 3604544262
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $21,424
- Expenses
- $25,575
- Assets
- $23,500
- Liabilities
- $456
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- SHERRELL HOVEY (PRESIDENT)
- JEREMY HAUGSTAD (VICE PRESIDENT)
People named in this filing
- SHERRELL HOVEY (PRESIDENT)
- JEREMY HAUGSTAD (VICE PRESIDENT)
- GREGORY BARNETT (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support co-workers in times of trouble, promote good health, and promote community involvement by sponsoring projects for area youth and families.
What it reported doing in 2023
Supported co-workers in times of need, promoted good health to members by providing workout room, and promoted projects to help area youth and families.
Operating model
- Revenue model
- Membership-supported. 67% of the money available for current operations came from membership dues.
- Distribution model
- Member-benefit provider. The nonprofit used 99% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 34
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.7%; rating input score 98
- Program expense ratio: 81.8%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -19.4%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.92; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 46th percentile among comparable filings
- Revenue growth: -1.7% per year; rating input score 0; 46th percentile among comparable filings
- Asset growth: -0.1% per year; rating input score 0; 38th percentile among comparable filings
Details
- Where the money goes: 97.7% of revenue deployed · 81.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $21K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 10 filing years from 2013 to 2023
- Contacts: How to reach this organization
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.