The Sophia Way
- Assets
- $3.5m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 65
- Location
- Bellevue, WA
- Founding
- 12/2012
- Data as of
- 12/2021
- EIN
- 45-4084539
Organization Overview
The Sophia Way is located in Bellevue, WA. The organization was established in 2012. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Sophia Way employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sophia Way is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sophia Way generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 20.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO END HOMELESSNESS FOR ADULT WOMEN IN KING COUNTY BY PROVIDING SHELTER, LIFE SKILLS TRAINING, SOCILA SERVICES, AND SUPPORTIVE PERMAMENT HOUSING, OFFERING A PATH FROM HOMELESSNESS TO STABLE INDEPENDENT LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOPHIA'S PLACEEXTENDED-STAY SHELTER FOR WOMEN EXPERIENCING HOMELESSNESS ON THE EASTSIDE OF KING COUNTY, WA. OPEN FROM 7 PM TO 7 1M EVERY NIGHT OF THE YEAR, THE SHLETER PROVIDES A SAFE PLACE TO STAY FOR 21 WOMEN WHO STAY UP TO SIX MONTHS, IN SEMI-PRIVATE CUBICLES, LOCKING CLOSETS FOR PERSONAL BELONGINGS, LIFE SKILLS CLASSES AND CASE MANAGEMENT.
HELEN'S PLACEPROVIDES 24/7/365 ACCESS FOR 40 WOMEN WITH A SAFE PLACE TO SLEEP, SHOWERS, MEALS, COMMUNITY RESOURCES, MENTAL HEALTH SUPPORT, AND CASE MANAGEMENT.
RESOURCE CENTERRESOURCE CENTER: BASED IN THE SAME LOCATION AS SOPHIA'S PLACE, PROVIDES IMMEDIATE ASSISTANCE TO WOMEN COMING OFF THE STREET OR SEEKING TO PREVENT HOMELESSNESS. THIS IS A SAFE, WARM ENVIRONMENT WHERE WOMEN EAT PREPARED MEALS, DO LAUNDRY, TAKE SHOWERS, USE COMPUTERS AND PHONES, AND BENEFIT FROM RESOURCE REFERRALS, ROTATING SERVICE PROVIDERS, AND LIFE SKILLS CLASSES.
OTHER SERVICESOUTREACH - MEETING WOMEN WHERE THEY ARE (AT LIBRARIES, COFFEE SHOPS, SAFE PARKING SITES, ETC.) AND CONNECTING THEM TO RESOURCES AND OPPORTUNITIES FOR HOUSING; HOUSING - INCLUDES TRANSITIONAL, PERMANENT, AND SUPPPORTIVE HOUSING.
SOPHIA'S PLACEEXTENDED-STAY SHELTER FOR WOMEN EXPERIENCING HOMELESSNESS ON THE EASTSIDE OF KING COUNTY, WA. OPEN FROM 7 PM TO 7 1M EVERY NIGHT OF THE YEAR, THE SHLETER PROVIDES A SAFE PLACE TO STAY FOR 21 WOMEN WHO STAY UP TO SIX MONTHS, IN SEMI-PRIVATE CUBICLES, LOCKING CLOSETS FOR PERSONAL BELONGINGS, LIFE SKILLS CLASSES AND CASE MANAGEMENT.
HELEN'S PLACEPROVIDES 24/7/365 ACCESS FOR 40 WOMEN WITH A SAFE PLACE TO SLEEP, SHOWERS, MEALS, COMMUNITY RESOURCES, MENTAL HEALTH SUPPORT, AND CASE MANAGEMENT.
RESOURCE CENTERRESOURCE CENTER: BASED IN THE SAME LOCATION AS SOPHIA'S PLACE, PROVIDES IMMEDIATE ASSISTANCE TO WOMEN COMING OFF THE STREET OR SEEKING TO PREVENT HOMELESSNESS. THIS IS A SAFE, WARM ENVIRONMENT WHERE WOMEN EAT PREPARED MEALS, DO LAUNDRY, TAKE SHOWERS, USE COMPUTERS AND PHONES, AND BENEFIT FROM RESOURCE REFERRALS, ROTATING SERVICE PROVIDERS, AND LIFE SKILLS CLASSES.
OTHER SERVICESOUTREACH - MEETING WOMEN WHERE THEY ARE (AT LIBRARIES, COFFEE SHOPS, SAFE PARKING SITES, ETC.) AND CONNECTING THEM TO RESOURCES AND OPPORTUNITIES FOR HOUSING; HOUSING - INCLUDES TRANSITIONAL, PERMANENT, AND SUPPPORTIVE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alisa Chatinsky Chief Executive Officer | Officer | 40 | $114,074 |
Dietra Clayton Chief Programs Officer | Officer | 40 | $91,433 |
Xenana Peters Chief Development Officer | Officer | 40 | $91,326 |
Sophia Hernandez Chief Financial Officer | Officer | 40 | $81,509 |
Elisa Ford Vice Chair | OfficerTrustee | 10 | $0 |
Maya Subramanian Chair | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $313,088 |
| Related organizations | $0 |
| Government grants | $1,699,372 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,375,060 |
| Noncash contributions included in lines 1a–1f | $726,489 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,387,520 |
| Total Program Service Revenue | $0 |
| Investment income | $1,236 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$37,977 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,350,779 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $321,129 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $405,561 |
| Compensation of current officers, directors, key employees. | $148,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,465,275 |
| Pension plan accruals and contributions | $9,592 |
| Other employee benefits | $137,617 |
| Payroll taxes | $182,537 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,449 |
| Fees for services: Accounting | $25,792 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $247,135 |
| Advertising and promotion | $34,639 |
| Office expenses | $47,026 |
| Information technology | $13,237 |
| Royalties | $0 |
| Occupancy | $191,228 |
| Travel | $10 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,212 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,451 |
| Insurance | $16,994 |
| All other expenses | $37,184 |
| Total functional expenses | $4,053,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,768 |
| Savings and temporary cash investments | $1,493,566 |
| Pledges and grants receivable | $690,634 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $723,067 |
| Net Land, buildings, and equipment | $450,517 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,400 |
| Total assets | $3,499,952 |
| Accounts payable and accrued expenses | $173,300 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $6,500 |
| Other liabilities | $0 |
| Total liabilities | $179,800 |
| Net assets without donor restrictions | $2,729,530 |
| Net assets with donor restrictions | $590,622 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,499,952 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Sophia Way has recieved totaling $11,769.
| Awarding Organization | Amount |
|---|---|
Tillie And Alfred Shemanski Testamentary Trust Dallas, TX PURPOSE: BRINGING HOPE TO HOMELESS | $10,000 |
Madhav Manav Sewa Hillsboro, OR PURPOSE: CHARITABLE | $1,769 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marys Place Seattle Seattle, WA | $63,713,105 | $33,158,940 |
Everett Gospel Mission Everett, WA | $5,858,080 | $7,694,263 |
The Sophia Way Bellevue, WA | $3,499,952 | $4,350,779 |
Astegos Inc Boise, ID | $571,721 | $3,088,383 |
Charitable Assistance To Communitys Homeless Boise, ID | $1,695,336 | $3,159,939 |
New Horizons Ministries Seattle, WA | $4,620,624 | $4,054,828 |
Lake City Partners Ending Homelessness Seattle, WA | $586,453 | $2,145,347 |
Bread Of Life Mission Seattle, WA | $3,239,496 | $2,488,618 |
Anchorage Coalition To End Homelessness Anchorage, AK | $1,404,215 | $2,107,140 |
Fusion-Friends United To Shelter The Indigent Oppressed And Needy Federal Way, WA | $9,970,775 | $1,790,921 |
Unity Shelter Corvallis, OR | $1,887,052 | $2,192,658 |
Family Promise Of Tualatin Valley Tualatin, OR | $936,046 | $1,540,344 |