Sound Alliance
Sound Alliance consistently operates with modest revenue, maintaining positive net assets and no officer compensation.
EIN: 203006721 · Seattle, WA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $145K |
| Total Expenses | $94K |
| Program Spending | 90% |
| Net Assets | $68K |
| Transparency Score | 85/100 |
Is Sound Alliance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sound Alliance directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sound Alliance
Sound Alliance (EIN: 203006721) is a nonprofit organization based in Seattle, WA, classified under NTEE code S41. The organization reported total revenue of $145K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sound Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sound Alliance is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $94K |
| Surplus / Deficit | +$54K |
| Total Assets | $83K |
| Total Liabilities | $15K |
| Net Assets | $68K |
| Operating Margin | 36.4% |
| Debt-to-Asset Ratio | 17.6% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Sound Alliance reported a surplus of $54K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sound Alliance's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.4% | +11.9% | +51.9% |
| 2022 | -29.2% | -41.3% | +97.0% |
| 2021 | -1.0% | +6.4% | -27.1% |
| 2020 | -12.5% | -23.2% | +222.3% |
| 2019 | +16.0% | +11.2% | -77.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sound Alliance with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sound Alliance allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly unusual for an organization of its size and suggests a volunteer-led or externally funded leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Sound Alliance's IRS 990 filings:
- Consistent 0% officer compensation may indicate alternative compensation structures or a fully volunteer-run organization, which could raise questions about sustainability or reporting completeness for some donors.
Strengths
The following positive indicators were identified for Sound Alliance:
- Consistent 0% officer compensation, indicating high dedication of funds to mission.
- Positive net asset growth from $27,728 in 2021 to $83,005 in 2023.
- Effective management of liabilities, decreasing from $39,818 in 2022 to $14,590 in 2023.
- Consistent filing history over 13 periods, demonstrating transparency and compliance.
- Expenses ($93,654 in 2023) significantly lower than revenue ($147,254 in 2023), indicating efficient operations.
Frequently Asked Questions about Sound Alliance
Is Sound Alliance a legitimate charity?
Sound Alliance (EIN: 203006721) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $145K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Sound Alliance spend its money?
Sound Alliance directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Sound Alliance tax-deductible?
Sound Alliance is registered as a tax-exempt nonprofit (EIN: 203006721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sound Alliance's spending goes to programs?
Sound Alliance directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sound Alliance compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sound Alliance is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sound Alliance located?
Sound Alliance is headquartered in Seattle, Washington and files with the IRS under EIN 203006721. It is classified under NTEE code S41.
How many years of IRS 990 filings does Sound Alliance have?
Sound Alliance has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $145K in total revenue.
Is Sound Alliance a good charity?
Based on the available data, Sound Alliance appears to be a well-managed charity. It consistently reports 0% officer compensation, indicating that funds are directed towards its mission. Its assets have grown, and liabilities are well-controlled, suggesting financial stability.
How has Sound Alliance's financial health changed over time?
Sound Alliance has shown fluctuating revenue, peaking in 2016 at $322,484, but generally maintaining a stable financial position. Assets have grown significantly from $27,728 in 2021 to $83,005 in 2023, while liabilities have decreased, indicating improved financial health.
What is Sound Alliance's approach to executive compensation?
Sound Alliance has consistently reported 0% officer compensation across all 13 filings, suggesting a volunteer-driven leadership or that executive roles are compensated through other means not reported as officer compensation on the 990.
Does Sound Alliance spend efficiently?
Yes, in the latest period (202306), Sound Alliance's expenses ($93,654) were significantly lower than its revenue ($147,254), resulting in a surplus that contributed to asset growth. This indicates efficient spending and sound financial management.
Filing History
IRS 990 filing history for Sound Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sound Alliance's revenue has declined by 44.9%, moving from $267K to $147K. Total assets increased by 50.8% over the same period, from $55K to $83K. Total functional expenses fell by 66.9%, from $283K to $94K. In its most recent filing year (2023), Sound Alliance reported a surplus of $54K, with revenue exceeding expenses. The organization holds $15K in liabilities against $83K in assets (debt-to-asset ratio: 17.6%), resulting in net assets of $68K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $94K | $83K | $15K | — | View 990 |
| 2022 | $97K | $84K | $55K | $40K | — | View 990 |
| 2021 | $137K | $143K | $28K | $26K | — | View 990 |
| 2020 | $139K | $134K | $38K | $32K | — | View 990 |
| 2019 | $159K | $175K | $12K | $10K | — | View 990 |
| 2018 | $137K | $157K | $52K | $21K | — | View 990 |
| 2017 | $164K | $144K | $89K | $948 | — | View 990 |
| 2016 | $322K | $245K | $117K | $24K | — | View 990 |
| 2015 | $190K | $203K | $24K | $3K | — | View 990 |
| 2014 | $114K | $195K | $34K | $306 | — | View 990 |
| 2013 | $222K | $187K | $122K | $8K | — | View 990 |
| 2012 | $243K | $200K | $85K | $6K | — | View 990 |
| 2011 | $267K | $283K | $55K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $94K, and assets of $83K (revenue +51.4% year-over-year).
- 2022: Revenue of $97K, expenses of $84K, and assets of $55K (revenue -29.2% year-over-year).
- 2021: Revenue of $137K, expenses of $143K, and assets of $28K (revenue -1.0% year-over-year).
- 2020: Revenue of $139K, expenses of $134K, and assets of $38K (revenue -12.5% year-over-year).
- 2019: Revenue of $159K, expenses of $175K, and assets of $12K (revenue +16.0% year-over-year).
- 2018: Revenue of $137K, expenses of $157K, and assets of $52K (revenue -16.7% year-over-year).
- 2017: Revenue of $164K, expenses of $144K, and assets of $89K (revenue -49.1% year-over-year).
- 2016: Revenue of $322K, expenses of $245K, and assets of $117K (revenue +69.7% year-over-year).
- 2015: Revenue of $190K, expenses of $203K, and assets of $24K (revenue +66.2% year-over-year).
- 2014: Revenue of $114K, expenses of $195K, and assets of $34K (revenue -48.4% year-over-year).
- 2013: Revenue of $222K, expenses of $187K, and assets of $122K (revenue -8.9% year-over-year).
- 2012: Revenue of $243K, expenses of $200K, and assets of $85K (revenue -9.0% year-over-year).
- 2011: Revenue of $267K, expenses of $283K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sound Alliance:
Data Sources and Methodology
This transparency report for Sound Alliance is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.