Stability Network

Nonprofit profile at a glance

EIN
823605300
IRS 990 coverage
2018–2023
Forms available
Form 990 2023
Location
Seattle, WA, USA
Phone
3475723080
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$58,666
Expenses
$165,801
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • David Song (Executive Director)

Highest reported compensation

  • David Song (Executive Director): $28,450 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

By building and equipping a global community of advocates all living and working with mental health conditions, The Stability Network is changing the way people talk and think about mental health, one story at a time. Grounded in an evidence-based practice called contact education, The Stability Network's approach is designed to reduce the stigma that prevents those struggling with mental health issues from getting the support and treatment they need to live well.

What it reported doing in 2023

Public Speaking: The Stability Network, with the help of its partner, Living Proof Advocacy has designed the aforementioned Advocacy Storytelling Training Program in order to carry out its mission to inspire, encourage, and reduce stigma. Through this program, The Stability Network trains its volunteer advocates to be effective speakers and deploys them to share their lived experiences with mental health conditions in workplaces, community centers, and beyond. The aim of these talks is both to encourage those experiencing mental health challenges to seek the treatment and support they need to recover and live well, as well as to reduce the stigma surrounding mental health. The organization opens the mental health dialogue in workplaces, allowing individuals to feel more comfortable asking for the accommodations they need. Through inviting Stability Leaders to share their experiences, employers are given the opportunity to take on a complex topic and learn how to better support their employees living with mental health conditions. Stability Leaders also share their lived experiences for other mental health media platforms such as podcasts.

Operating model

Revenue model
Donor-supported. 86% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 71%; rating input score 71
  • Fundraising efficiency: $3.11 raised per $1 spent on fundraising; rating input score 30; 30th 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; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -182.6%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 17.2%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -2.2% per year; rating input score 0; 45th percentile among comparable filings
  • Revenue growth: -20.1% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: -13.7% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 71% of spending went to programs
  • Governance: 9 of 9 board members independent · 3 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $118K in reported program spending
  • Leadership: top reported pay $28K · 11 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2018 to 2023
  • 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 — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.