Tri-cities Terrace I is a 501(c)(3) organization based in Spokane, Washington, registered in 2001, with $930,054 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$930K
▲ 144.8% vs prior year
Housing median: $408K
Expenses (FY2024)
$511K
Net assets
-$964K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tri-cities Terrace I— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tri-cities Terrace I: 0 mo reserves · +45% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tri-cities Terrace I— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tri-cities Terrace I: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $261K (FY2013) to $930K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
45.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$4.7M
Net assets
-$964K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $930,054▲145% | $511,119▲2.3% | -$963,765▲30.3% | $3,687,702▲24.3% | 990 |
| 2023 | $379,933▼59.6% | $499,706▲1.7% | -$1,382,700▼9.5% | $2,967,575▼5.7% | 990 |
| 2022 | $940,705▲235% | $491,249▲18.5% | -$1,262,927▲26.2% | $3,148,489▲20.1% | 990 |
| 2021 | $281,179▲2.9% | $414,572▲3.3% | -$1,712,383▼8.4% | $2,621,219▼4.7% | 990 |
| 2020 | $273,287▼0.8% | $401,207▲5.7% | -$1,578,990▼8.8% | $2,751,414▼4.5% | 990 |
| 2019 | $275,485▲4.6% | $379,666▲2.3% | -$1,451,070▼7.7% | $2,881,741▼3.5% | 990 |
| 2018 | $263,249▲1.5% | $371,210▲2.3% | -$1,346,889▼8.7% | $2,985,472▼3.5% | 990 |
| 2017 | $259,336▲0.1% | $362,715▲2.9% | -$1,238,928▼9.1% | $3,094,950▼2.8% | 990 |
| 2016 | $259,159▼1.3% | $352,521▼0.2% | -$1,135,549▼9.0% | $3,183,726▼2.9% | 990 |
| 2015 | $262,553▲1.0% | $353,138▼2.2% | -$1,042,187▼9.5% | $3,280,275▼2.6% | 990 |
| 2014 | $259,945▼0.5% | $361,185▲1.5% | -$951,602▼11.9% | $3,366,994▼2.9% | 990 |
| 2013 | $261,160 | $355,879▲2.1% | -$850,362▼12.5% | $3,467,166▼2.5% | 990 |
| 2012 | — | $348,425▲0.9% | -$755,643▼13.2% | $3,557,558▼2.8% | 990 |
| 2011 | — | $345,466▲9.2% | -$667,433▼14.0% | $3,659,040▼1.7% | 990 |
| 2010 | — | $316,233 | -$585,702 | $3,722,548 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Tri-cities Terrace I (EIN 91-2056284) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.