Tri-cities Terrace II is a 501(c)(3) organization based in Spokane, Washington, registered in 2003, with $313,850 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$314K
▲ 26.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$320K
Net assets
-$1.3M
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 II— 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 II: 0 mo reserves · -2% 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 II— 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 II: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $170K (FY2013) to $314K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-2.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$3.5M
Net assets
-$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $313,850▲26.0% | $320,232▼0.2% | -$1,339,585▼0.5% | $2,115,042▲2.4% | 990 |
| 2023 | $249,082▲11.9% | $320,755▲5.8% | -$1,333,203▼5.7% | $2,064,542▼3.8% | 990 |
| 2022 | $222,678▲3.0% | $303,042▲3.7% | -$1,261,530▼6.8% | $2,146,935▼3.3% | 990 |
| 2021 | $216,174▲6.6% | $292,171▲1.2% | -$1,181,166▼6.9% | $2,220,141▼3.8% | 990 |
| 2020 | $202,870▼4.8% | $288,681▲3.2% | -$1,105,169▼8.4% | $2,307,675▼3.2% | 990 |
| 2019 | $213,014▲20.4% | $279,703▼9.9% | -$1,019,358▼7.0% | $2,384,637▼2.7% | 990 |
| 2018 | $176,917▲3.7% | $310,474▲28.3% | -$952,669▼16.3% | $2,449,554▼5.5% | 990 |
| 2017 | $170,562▲0.4% | $241,975▲7.1% | -$819,112▼9.6% | $2,591,774▼2.1% | 990 |
| 2016 | $169,804▲0.2% | $225,861▼0.8% | -$747,699▼8.1% | $2,647,602▼2.1% | 990 |
| 2015 | $169,494▼0.3% | $227,634▼2.7% | -$691,642▼9.2% | $2,705,006▼2.0% | 990 |
| 2014 | $170,040▼0.2% | $234,026▼0.5% | -$633,502▼11.2% | $2,760,876▼2.3% | 990 |
| 2013 | $170,296 | $235,212▼1.5% | -$569,516▼12.9% | $2,826,113▼2.2% | 990 |
| 2012 | — | $238,804▲0.8% | -$504,600▼16.1% | $2,891,117▼2.6% | 990 |
| 2011 | — | $236,888▲5.4% | -$434,574▼17.7% | $2,968,568▼1.9% | 990 |
| 2010 | — | $224,782 | -$369,152 | $3,026,959 | 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 II (EIN 46-0518325) 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.