Transitional Resources
Nonprofit profile at a glance
- EIN
- 910967836
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Seattle, WA, USA
- Phone
- 2068832051
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $7,006,768
- Expenses
- $6,078,077
- Assets
- $11,480,869
- Liabilities
- $5,708,289
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- DARCELL SLOVEK-WALKER (CEO)
- RACHEL MOKRY MA (PRESIDENT)
- KEN BAILEY (VICE PRESIDENT)
Highest reported compensation
- DARCELL SLOVEK-WALKER (CEO): $190,856 total reported compensation
- JULIE WATKINS (CHIEF OF CLINICAL SERVICES): $151,889 total reported compensation
- SOMAIEH ZAER SABET (ACCOUNTING MANAGER): $133,392 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Respecting autonomy, dignity, integrity, and recovery.transitional resources' mission is building better health, stable housing, and a community of support for people living with mental illness. Values: respect, dignity, and autonomy, we value the same things that those with mental illness do. - a safe place to call home - feeling needed and wanted - being part of an inclusive community - working and engaging in meaningful activities - having hope through a highly personalized path to recoveryvision: our vision is that everyone with mental illness leads a safe and meaningful life.
What it reported doing in 2024
Provide and maintain affordable housing in the local community, as well as assistance in independent living.
Operating model
- Revenue model
- Grant-funded. 79% of the money available for current operations came from government grants.
- 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. Some filing-based governance responses are negative or unanswered and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 74
- Accountability: 91
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.2%; rating input score 78
- Program expense ratio: 89.9%; rating input score 90
- Fundraising efficiency: $45.97 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.3%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 1.89; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 14.1%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 8.8% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 8.4% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 78.2% of revenue deployed · 89.9% of spending went to programs
- Governance: 13 of 13 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $5.5M in reported program spending
- Leadership: top reported pay $191K · 19 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $563K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.