Spiritual Exercises in Everyday Life of Puget Sound
Nonprofit profile at a glance
- EIN
- 943136830
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Seattle, WA, USA
- Phone
- 2067213518
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $148,307
- Expenses
- $130,343
- Assets
- $469,872
- Liabilities
- $33,927
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- CHRIS GAVIN (BOARD CHAIR)
- NATCH OHNO SJ (TREASURER)
- ROMMARK MANLIMOS (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Facilitation of prayer and spiritual discernment.
What it reported doing in 2024
Provide long term retreats based on the spiritual exercises of st. Ignatius. Discernment and training of facilitators is a key part of this program as well as mornings of prayer (approx 50 participants) which offers information about the program.
Operating model
- Revenue model
- Donor-supported. 62% of the money available for current operations came from contributions and gifts.
- 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.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 100
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48%; rating input score 48
- Program expense ratio: 54.1%; rating input score 54
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 12.1%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 3.6; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 13.4% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 48% of revenue deployed · 54.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $70K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2014 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.