LHousing & ShelterEIN: 237421892· Ruling Year: 1975

Solid Ground Washington

Seattle, Washington

BHealth Score
64B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.59×
Peer Median12.01×
💰
$29.7M
Total Revenue
📊
$30.5M
Total Expenses
🏦
$17.9M
Net Assets
📋
$4.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.5%
Year-over-year change (2022 → 2023)
Net Margin
-2.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.59
Net assets divided by total expenses
Liabilities-to-Assets
20.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$29,715,4813%$30,500,4405%$22,445,7206%
2022$28,983,3551%$29,065,1731%$23,881,0342%
2021$29,222,21020%$28,872,18912%$23,373,1364%
2020$36,653,22134%$32,874,09520%$24,392,52427%
2019$27,304,0112%$27,323,28913%$19,269,252
2018$26,713,31611%$24,284,3865%$19,204,44913%
2017$23,978,15211%$23,204,2363%$17,069,1243%
2016$21,621,7452%$22,425,829$17,614,2434%
2015$21,256,2427%$22,371,0432%$18,276,5579%
2014$22,861,1622%$22,807,5992%$20,071,2851%
2013$23,255,2275%$22,333,2951%$19,940,2134%
2012$22,225,87910%$22,215,1095%$19,124,0382%
2011$24,628,305$23,412,285$19,468,094

Frequently Asked Questions

What does Solid Ground Washington do?

Solid Ground Washington is a housing & shelter nonprofit organization based in Washington. It is classified under NTEE code L40Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Solid Ground Washington financially healthy?

Based on our 9-metric Financial Health Score model, Solid Ground Washington has a score of 64/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Solid Ground Washington generate?

Solid Ground Washington reports $31.8M in annual revenue and holds $21.8M in total assets, based on IRS filings.

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Solid Ground Washington — Seattle, WA | GiveScope