Overview
What is South Sound Outreach Services?
South Sound Outreach Services is a nonprofit organization situated in Tacoma, Washington, specifically at 1106 Martin Luther King Jr Way, aiming to assist individuals and families in overcoming financial insecurity. They provide one-on-one financial counseling, employment coaching, and income supports to help Pierce County residents build financial stability. Their programs focus on improving credit scores, aiding in the release from predatory loans, and establishing partnerships that offer access to financial capital. The organization's mission is to empower Pierce County residents to achieve their financial dreams through an integrated model of coaching and counseling, ensuring personal financial security for long-term stability and independence. South Sound Outreach Services treats each client with respect and compassion, exploring opportunities beyond initial needs to secure their financial future. With a team of 21 dedicated employees, they have a strong commitment to helping their community.
Official website here: www.southsoundoutreach.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star Rating
South Sound Outreach Services has achieved a notable score of 93%, reflecting a strong commitment to accountability and financial transparency. This rating is derived entirely from its Accountability & Finance score, which highlights the organization's effective governance and financial management practices. The charity boasts a fully independent board, demonstrating its dedication to maintaining oversight and integrity in its operations.
The organization has excelled in several key areas, including scoring full points in auditing practices, conflict of interest policies, and governance documentation. Its program expense ratio of 73.76% indicates that a substantial portion of its funds is allocated directly to its programs, reinforcing the effectiveness of its charitable efforts. The absence of any material diversion of assets further illustrates its financial stewardship.
While the overall financial health appears strong, the liabilities to assets ratio stands at 53.66%, suggesting a moderate level of leverage that may warrant monitoring. Nonetheless, the comprehensive policies in place and the proficient governance structure position South Sound Outreach Services as a reliable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is South Sound Outreach Services legitimate?
South Sound Outreach Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Sound Outreach Services submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $101,990
Professional Fundraising Fees: $0
Other Salaries and Wages: $740,610
For more financial information, click here
Official website here: www.southsoundoutreach.com
What is the mission statement of South Sound Outreach Services?
South Sound Outreach Services is committed to empowering individuals in financial distress to achieve their financial goals by providing an integrated model of coaching and counseling. This organization offers one-on-one financial counseling, employment coaching, and income supports to help individuals secure their financial future. Their programs focus on improving credit scores, releasing individuals from predatory loans, and offering access to financial capital. The team at South Sound Outreach Services treats each client with respect and compassion, going beyond initial needs to explore opportunities for long-term financial security and independence.
Official website here: www.southsoundoutreach.com
Who is the CEO of South Sound Outreach Services?
Bryan Flint is the Board Chair of South Sound Outreach Services.
Official website here: www.southsoundoutreach.com
What is the revenue of South Sound Outreach Services?
South Sound Outreach Services's revenue in 2022 was $1,302,502.
Official website here: www.southsoundoutreach.com
Who are the executives of South Sound Outreach Services and what are their salaries?
The average compensation at South Sound Outreach Services during 2022 was $40,124. There are 21 employees and 66 volunteers at South Sound Outreach Services.
Here are 12 key members and their salaries:
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- Compensation: $82,704
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- Other: $5,789
Official website here: www.southsoundoutreach.com
Where can I find the form 990 for South Sound Outreach Services?
South Sound Outreach Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southsoundoutreach.com
Learn more at the official website: www.southsoundoutreach.com
Mission Statement of South Sound Outreach Services
South Sound Outreach Services, a nonprofit organization, is committed to empowering Pierce County residents to achieve their financial dreams. They accomplish this through an integrated model of coaching and counseling, aiming to secure personal financial security for individuals and families. By providing one-on-one financial counseling, employment coaching, and income supports, they help individuals overcome financial insecurity. Their programs focus on improving credit scores, releasing individuals from predatory loans, and establishing partnerships to provide access to financial capital. South Sound Outreach Services treats each client with respect and compassion, looking beyond initial needs to explore opportunities for long-term stability and independence. Their ultimate goal is to help Pierce County residents secure their financial futures, enabling them to live financially stable and independent lives.
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Impact
July, 2024
South Sound Outreach Services empowers Pierce County residents to achieve their financial dreams through personalized coaching and counseling. By offering one-on-one financial counseling, employment coaching, and income supports, they help individuals overcome financial insecurity. Their programs focus on improving credit scores, freeing individuals from predatory loans, and providing access to financial capital. South Sound Outreach Services goes beyond meeting immediate needs, striving to secure long-term financial stability and independence for every client. Through compassionate and respectful assistance, they support individuals and families in building a brighter financial future.
This information is meant to be a general summary of South Sound Outreach Services. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3
- Gross Receipts: $1,302,502
Assets and Liabilities:
- Total Assets: $310,936
- Total Liabilities: $166,866
- Net Assets: $144,070
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Organization Details
Founding Year
1996
Phone
(253) 593-2111Principal Officer
Bryan Flint
Main Address
1106 MARTIN LUTHER KING JR WAY, TACOMA, WA, 98405
Website
www.southsoundoutreach.comNTEE Category
Code: P81 - Human services
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