Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
EIN 45-4880509 • 501(c)3 • Seattle, WA
Profile
Argonaut house 2 provides quality affordable housing and companionship to those who are homeless and living with mental illness.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
26th percentile
Faster asset growth than 26% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Assets
Down$1,291,252
Down $47,512 (-3.5%) from 2023
Liabilities
Up$1,657,628
Up $391 (+0.0%) from 2023
Net Assets
Down-$366,376
Down $47,903 (-15%) from 2023
Revenue
Up$108,603
Up $11,818 (+12%) from 2023
Expenses
Up$156,506
Up $18,811 (+14%) from 2023
Net Income
Down-$47,903
Down $6,993 (-17%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Argonaut House 2 provides quality affordable housing and companionship to those who are homeless and living with mental illness.
Housing for people experiencing homelessness and mental illness.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,298,320 | $1,254,974 | ▼ $43,346 |
| Prepaid Expenses and Deferred Charges | $258 | $200 | ▼ $58 |
| Accounts Receivable | $1,692 | $47 | ▼ $1,645 |
| Cash and Non-Interest-Bearing Accounts | $630 | $8 | ▼ $622 |
| Total Assets | $1,338,764 | $1,291,252 | ▼ $47,512 |
| Other Assets Total | $37,864 | $36,023 | ▼ $1,841 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,124,390 | $1,121,839 | ▼ $2,551 |
| Other Liabilities | $530,680 | $532,755 | ▲ $2,075 |
| Accounts Payable and Accrued Expenses | $2,167 | $3,034 | ▲ $867 |
| Total Liabilities | $1,657,237 | $1,657,628 | ▲ $391 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-318,473 | $-366,376 | ▼ $47,903 |
| Total Net Assets Fund Balance | $-318,473 | $-366,376 | ▼ $47,903 |
| Total Liabilities and Net Assets / Fund Balance | $1,338,764 | $1,291,252 | ▼ $47,512 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,195,823 | $430,223 | $1,626,046 |
| Land | $55,480 | - | $55,480 |
| Equipment | $3,671 | $50,926 | $54,597 |
| Name | Title | Other | Total |
|---|---|---|---|
| Padrica Hoffman | Executive Director | $145,019 | $145,019 |
| Name | Title |
|---|---|
| Robie Flannagan | Director, President |
| Robert Malea | Director |
| Stephanie Monroney | Director |
| Sanjay Shenoy | Director, Secretary |
| Marcia Almquist | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $156,506 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $40,512 | $10,031 | - | $50,543 |
| Depreciation Depletion | $43,346 | - | - | $43,346 |
| Fees for Services Accounting | - | $17,663 | - | $17,663 |
| Other Expenses | $10,285 | - | - | $10,285 |
| Insurance | $10,229 | - | - | $10,229 |
| Office Expenses | - | $3,746 | - | $3,746 |
| Total Functional Expenses | $125,066 | $31,440 | $0 | $156,506 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $156,506 |
| Total Expenses per Audited Statements | $156,506 |
| Total Expenses per Form 990 | $156,506 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payable to Related Party | $523,666 |
| Payable to Phc | $7,596 |
| Tenant Deposits | $1,493 |
“Plymouth healing communities approves the board of directors for argonaut house 2.”
“The organization does not have any committees that have the authority to act on behalf of the entire board.”
“The 990 is prepared by the audit firm, then reviewed by executive director and the treasurer and finance committee prior to filing. The full board reviews the 990 after it is filed.”
“The policy of the board of directors of argonaut house is to avoid both actual and apparent conflicts of interest affecting members of argonaut's board and persons employed. Each director and employee shall annually sign a statement. Each director and/or employee who is aware of a real or potential conflict of interest shall: promptly notify the board; not be counted in determining the existence of a quorum for consideration of the matter; not participate in the discussion of the matter unless requested by a majority of the board after receiving said notice; and not vote on the matter.”
“UPON REQUEST”
“The organization is exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a)(vi) and has been classified as an organization that is not a private foundation under section 509(a)(1). The organization's income tax filings are subject to examination by various taxing authorities. Argonaut house 2 has evaluated its tax positions and concluded that it has taken no uncertain tax positions that would require adjustment to the financial statements. In addition, the organization is not aware of any matters that would cause the loss of its tax-exempt status.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97040 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.96750 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 393404 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 108419 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 84987 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 71505 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 64104 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 64389 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 393404 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 108603 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 96785 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 71511 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 64110 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 64396 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 405405 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1195823 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 430223 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1626046 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3671 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 50926 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 54597 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 156506 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 55480 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 55480 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1493 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 523666 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 7596 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | PAYABLE TO RELATED PARTY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | PAYABLE TO PHC |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 108603 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. ARGONAUT HOUSE 2 HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT IT HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION IS NOT AWARE OF ANY MATTERS THAT WOULD CAUSE THE LOSS OF ITS TAX-EXEMPT STATUS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1254974 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 156506 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 532755 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 108603 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 108603 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 156506 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PLYMOUTH HEALING COMMUNITIES APPROVES THE BOARD OF DIRECTORS FOR ARGONAUT HOUSE 2. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE ENTIRE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE 990 IS PREPARED BY THE AUDIT FIRM, THEN REVIEWED BY EXECUTIVE DIRECTOR AND THE TREASURER AND FINANCE COMMITTEE PRIOR TO FILING. THE FULL BOARD REVIEWS THE 990 AFTER IT IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE POLICY OF THE BOARD OF DIRECTORS OF ARGONAUT HOUSE IS TO AVOID BOTH ACTUAL AND APPARENT CONFLICTS OF INTEREST AFFECTING MEMBERS OF ARGONAUT'S BOARD AND PERSONS EMPLOYED. EACH DIRECTOR AND EMPLOYEE SHALL ANNUALLY SIGN A STATEMENT. EACH DIRECTOR AND/OR EMPLOYEE WHO IS AWARE OF A REAL OR POTENTIAL CONFLICT OF INTEREST SHALL: PROMPTLY NOTIFY THE BOARD; NOT BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM FOR CONSIDERATION OF THE MATTER; NOT PARTICIPATE IN THE DISCUSSION OF THE MATTER UNLESS REQUESTED BY A MAJORITY OF THE BOARD AFTER RECEIVING SAID NOTICE; AND NOT VOTE ON THE MATTER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 2 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | PLYMOUTH CONGREGATIONAL CHURCH |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | ADMIRAL HOUSING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 2 | PLYMOUTH HEALING COMMUNITIES |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 910564980 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 911933191 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 2 | 912031385 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 2 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | WA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | WA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 2 | WA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | CHURCH |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 2 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 1 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 1 | LINE 7 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 2 | LINE 7 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | PO BOX 9096 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 1 | PO BOX 9096 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 2 | PO BOX 9096 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | SEATTLE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 1 | SEATTLE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 2 | SEATTLE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 1 | WA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 2 | WA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 98109 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 1 | 98109 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 2 | 98109 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 1 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 523666 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | NOTE TERMS |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | PLYMOUTH HEALING COMMUNITIES |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | E |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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