Civic Intelligence

Sound Communities

990EZ • Fiscal year 2021 • EIN 84-4541349

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 08, 2022

600 Park AvenueBremerton, WA 98337

(360) 616-7111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

2.95x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.64x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

11th percentile

-56%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

81st percentile

51%

Faster asset growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

581%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$735

Up $247 (+51%) from 2020

Net Assets

-$1,431

No earlier filing loaded for comparison.

Liabilities

Up

$2,166

Up $2,166 from 2020

Revenue

Up

$3,404

Up $2,904 (+581%) from 2020

Expenses

Up

$5,323

Up $5,311 (+44258%) from 2020

Net Income

Down

-$1,919

Down $2,407 (-493%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$10K$0-$10KAssets 2020: $488Liabilities 2020: $02020Assets 2021: $735Liabilities 2021: $2,166Net Assets 2021: -$1,4312021Assets 2022: $711Liabilities 2022: $3,436Net Assets 2022: -$2,7252022Assets 2023: $5,711Liabilities 2023: $4,981Net Assets 2023: $7302023Assets 2024: $15,763Liabilities 2024: $6,731Net Assets 2024: $9,0322024Assets 2025: $18,763Liabilities 2025: $11,580Net Assets 2025: $7,1832025

Highlighted filing

2021

Assets$735
Liabilities$2,166
Net Assets-$1,431

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15K$10K$5.0K$0-$5.0KRevenue 2020: $500Expenses 2020: $12Net Income 2020: $4882020Revenue 2021: $3,404Expenses 2021: $5,323Net Income 2021: -$1,9192021Revenue 2022: $0Expenses 2022: $1,294Net Income 2022: -$1,2942022Revenue 2023: $5,000Expenses 2023: $1,545Net Income 2023: $3,4552023Revenue 2024: $10,053Expenses 2024: $1,751Net Income 2024: $8,3022024Revenue 2025: $8,000Expenses 2025: $9,849Net Income 2025: -$1,8492025

Highlighted filing

2021

Revenue$3,404
Expenses$5,323
Net Income-$1,919
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 8, 2022
Return Version
2020v4.2
Gross Receipts
$3,404
Mission and Program Overview

Mission

The Corporation's primary purpose will be to support the Bremerton Housing Authority's charitable, educational and scientific programs by soliciting funding to support the capital and maintenance needs of the property owned and managed by the Bremerton Housing Authority, to acquire or develop new low income housing properties exclusively for the benefit of the Bremerton Housing Authority, and for supportive services to residents.

Program Services

DescriptionGrantsExpenses
Sound Communities received their tax determination as an exempt organization during the tax year. Sound Communities is in the planning stage of developing programs to raise funds by soliciting donations from individuals or businesses as well as granting agencies. Sound Communities will apply for grants in this next year for two projects to support the Bremerton Housing Authority. The first project is currently in the design and engineering phase and will replace the sewer main at one of the properties. Once the design and specification are complete and there is a cost estimate, BHA will approach foundations that fund capital work to request funds. The current project is developing a proposal for funding a service coordinator for the elderly properties to help those residents more easily age in place. BHA is in the process of researching funding organizations and developing the job description and salary determination for the position.$3,117$3,846
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jill StantonPresident-$0--
Tim SchanneVice President-$0--
Brian ClaytonTreasurer-$0--
Carlita MendezSecretary-$0--
Andrea ReedDirector-$0--
Jeffrey FloodEx-Officio Director-$0--
Filing and Contact Details

Filer

Filer Name
Sound Communities
EIN
84-4541349
Phone
3606167111
Address
600 Park Avenue, Bremerton, WA 98337

Signing Officer

Name
Brian Clayton
Title
Treasurer
Phone
3606167111
Signed
2022-02-08
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Kim Hunwardsen CPA
Phone
6122536500
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Program Grants to Supported Organization. Grantee Name: Bremerton Housing Authority. Grantee Address: 600 Park Avenue Bremerton, WA 98337. Amount Given: 3,117.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Bank Fees. Amount: 41. Description: Tenant Services. Amount: 512. Description: Taxes/Licenses/Fees/Insuranace. Amount: 1,209. Description: Membership and Fees. Amount: 218. Total to Form 990-EZ, line 16: 1,980.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Due to Bremerton Housing Authority. Beg. of Year Amount: 0. End of Year Amount: 2,166.

Raw XML Appendix174 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Brian Clayton
IRS990EZ/BooksInCareOfDetail/PhoneNum03606167111
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0600 Park Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Bremerton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098337
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0488
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IRS990EZ/GrossReceiptsAmt03404
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jill Stanton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tim Schanne
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brian Clayton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Carlita Mendez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Andrea Reed
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Jeffrey Flood
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Ex-Officio Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01980
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Corporation's primary purpose will be to support the Bremerton Housing Authority's charitable, educational and scientific programs by soliciting funding to support the capital and maintenance needs of the property owned and managed by the Bremerton Housing Authority, to acquire or develop new low income housing properties exclusively for the benefit of the Bremerton Housing Authority, and for supportive services to residents.
IRS990EZ/PrintingPublicationsPostageAmt08
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Sound Communities received their tax determination as an exempt organization during the tax year. Sound Communities is in the planning stage of developing programs to raise funds by soliciting donations from individuals or businesses as well as granting agencies. Sound Communities will apply for grants in this next year for two projects to support the Bremerton Housing Authority. The first project is currently in the design and engineering phase and will replace the sewer main at one of the properties. Once the design and specification are complete and there is a cost estimate, BHA will approach foundations that fund capital work to request funds. The current project is developing a proposal for funding a service coordinator for the elderly properties to help those residents more easily age in place. BHA is in the process of researching funding organizations and developing the job description and salary determination for the position.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03117
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03846
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05323
IRS990EZ/TotalProgramServiceExpensesAmt03846
IRS990EZ/TotalRevenueAmt03404
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The supported organization, Housing Authority for the City of Bremerton, is not required to obtain recognition of its public charity status as it is an exempt governmental unit.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section A, Line 2
IRS990ScheduleA/OtherSupportSumAmt0729
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0916000962
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt0729
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03117
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Housing Authority for the City of Bremerton
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt03117
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Classification: Program Grants to Supported Organization. Grantee Name: Bremerton Housing Authority. Grantee Address: 600 Park Avenue Bremerton, WA 98337. Amount Given: 3,117.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Bank Fees. Amount: 41. Description: Tenant Services. Amount: 512. Description: Taxes/Licenses/Fees/Insuranace. Amount: 1,209. Description: Membership and Fees. Amount: 218. Total to Form 990-EZ, line 16: 1,980.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Due to Bremerton Housing Authority. Beg. of Year Amount: 0. End of Year Amount: 2,166.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Brian Clayton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03606167111
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sound Communities
ReturnHeader/Filer/BusinessNameControlTxt0SOUN
ReturnHeader/Filer/EIN0844541349
ReturnHeader/Filer/PhoneNum03606167111
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 Park Avenue
ReturnHeader/Filer/USAddress/CityNm0Bremerton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098337
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eide Bailly LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 Nicollet Mall Ste 1300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554027033
ReturnHeader/PreparerPersonGrp/PhoneNum06122536500
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kim Hunwardsen CPA
ReturnHeader/ReturnTs02022-02-10T12:13:18-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Brian
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Clayton
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

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