PHuman ServicesEIN: 454084539· Ruling Year: 2012

The Sophia Way

Bellevue, Washington

BHealth Score
63B

Financial Health Score

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

Above Average

💰
$4.0M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$3.1M
Net Assets
📋
$285K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.9%
Year-over-year change (2022 → 2023)
Net Margin
-3.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.74
Net assets divided by total expenses
Liabilities-to-Assets
8.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$3,986,4054%$4,139,8038%$3,361,9823%
2022$3,835,51412%$3,838,1095%$3,480,9142%
2021$4,363,09721%$4,053,65012%$3,535,3689%
2020$3,605,1892%$3,615,77743%$3,236,7504%
2019$3,675,37263%$2,529,82145%$3,097,47866%
2018$2,259,62327%$1,748,7314%$1,868,61446%
2017$1,777,63640%$1,684,46639%$1,283,005
2016$1,273,2409%$1,211,82413%$1,289,28031%
2015$1,168,8796%$1,073,0156%$983,10710%
2014$1,242,998$1,141,04112%$891,0124%
2013$1,246,71915%$1,294,15778%$856,16817%
2012$1,462,915$727,572$1,030,104

Frequently Asked Questions

What does The Sophia Way do?

The Sophia Way is a human services nonprofit organization based in Washington. It is classified under NTEE code P85 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Sophia Way financially healthy?

Based on our 9-metric Financial Health Score model, The Sophia Way has a score of 63/100 (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 The Sophia Way generate?

The Sophia Way reports $4.5M in annual revenue and holds $3.1M in total assets, based on IRS filings.

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