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Washington · Nonprofit

Puget Sound OIC dba Puget Sound Training Center

Puget Sound OIC dba Puget Sound Training Center (Washington) receives grants from 6 organizations whose IRS filings report $331,177 to it, the largest being UNITED WAY OF KING COUNTY ($103,134). 3 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
6
Grants received
$331k
Net assets
$660k
3/6 repeat funderspeak grant-dependency 10%
01What it does

What Puget Sound OIC dba Puget Sound Training Center does

Mission

The Mission of Puget Sound Training Center is to provide customized skills training opportunities for the low income individuals in the Puget Sound Region, and to develop and provide employment opportunities at a

As stated on its FY2025 Form 990.

Programs

  1. Limited English Proficiency (LEP Program) serves newly arrived refugees and immigrants by providing a range of services designed to promote financial independence and long-term employment stability. The program offers career planning, comprehensive case management, cultural navigtion, financial literacy education, customized job training, job placement support, and ongoing retention services for both participants and employers. In Fiscal Year 2024 the program supported 282 refugees and immigrants, empowering them to build sustainable careers and achieve greater financial security. Key Services Provided: 282 individuals received culturally competent employment support and training. Career Planning:Personalized career assessments and skill development. Financial Literacy: Workshops on budgeting saving, financial independence. Job placement: Assistance with securing employment and long-term job retention support. Employee Partnerships: Collaboration with local employers to secure positions for participants and ensure workplace integration. Impact: Helped refugees and immigrants move towards financial stability through tailored employment opportunities and support services. Focus on…

    $265,960 spent$6,887 earned by the program
    40% of program spending
  2. The Basic Food Employment & Training (BFET Program) provides essential employment and training services to low-income individuals receiving food assistance. Funded by the state and federal government, the program aims to help participants find sustainable career opportunities, improve their employability through skill-building, and progress in their careers over time. Fiscal Year 2024, the program served 79 individuals, offering support through job coaching, skill development, credentialing opportunities, and wage progression. Key Services Provided: 79 participants received job readiness training and employment support. Job Coaching: One-on-one sessions to help participants identify career goals and strategies. Credentialing Opportunities: Access to local training programs and certifications to increase employability. Wage Progression Assistance: Support in navigating wage increases and career advancement. Impact: Enabled low-income individuals to secure and retain employment while advancing in their careers through continued support and resources.

    $151,912 spent
    23% of program spending
  3. Food Assistance Program (FAP) The Food Assistance Program (FAP), funded by the Office of Refugee and Immigrant Assistance, helps newly arrived refugees and immigrants access career planning, job training, financial literacy, and long-term job retention support. In fiscal year 2024 the program provided vital services to help individuals transition from food assistance to sustainable employment. Key Services Provided: Career planning and culturally competent job placement services. 107 individuals received case management, cultural navigation, and financial literacy education. Impact: Empowered refugees and asylees to gain independence, develop life skills, and pursue sustainable careers. Focused on both immediate employment support and long-term eductional and career pathways.

    $81,572 spent
    12% of program spending
  4. Human Services Program Funded by the cities of Kent, Renton, Burien and Tukwila, the Human Services Program provides job training, career coaching, job placement assistance, and access to case management for low-income individuals. This program serves individuals facing barriers to employment, offering them resources to develop the skills necessary for long-term success.

    $170,505 spent
    25% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $669,949.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($586k) Expenses 100 ($603k) Net assets 100 ($25k)2018 Revenue 108 ($635k) Expenses 104 ($627k) Net assets 175 ($44k)2019 Revenue 79 ($464k) Expenses 100 ($602k) Net assets -382 ($-95561)2020 Revenue 126 ($740k) Expenses 98 ($593k) Net assets 206 ($51k)2021 Revenue 102 ($601k) Expenses 84 ($509k) Net assets 574 ($143k)2022 Revenue 103 ($606k) Expenses 76 ($460k) Net assets 1158 ($289k)2023 Revenue 122 ($716k) Expenses 97 ($584k) Net assets 1470 ($367k)2024 Revenue 158 ($929k) Expenses 132 ($799k) Net assets 1992 ($498k)2025 Revenue 188 ($1.1M) Expenses 156 ($942k) Net assets 2639 ($660k)
'17'18'19'20'21'22'23'24'25
Revenue (188)Expenses (156)Net assets (2639)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $412k to $556k (+35%).

$98k
$147k
$101k
$141k
$173k
$305k
$412k
$556k
$685k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 100% · 2018 93% · 2019 94% · 2020 57% · 2021 81% · 2022 93% · 2023 95% · 2024 90% · 2025 82%. Grants only. Government contracts and fees sit inside program revenue.

99% of Puget Sound OIC dba Puget Sound Training Center’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$17k
’17
$8k
’18
−$138k
’19
$147k
’20
$92k
’21
$146k
’22
$132k
’23
$130k
’24
$162k
’25
5.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Joseph P Drake

CEO

Board chair

Ron Newton

Board Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed565757778
Joined·+2+1+3+1+3+0+0+2
No longer listed·12131001
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $43k → $69k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Puget Sound OIC dba Puget Sound Training Center’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Puget Sound OIC dba Puget Sound Training Center has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Puget Sound OIC dba Puget Sound Training Center.

31%
largest funder
66%
top three
~5
effective funders

Largest funder’s share by year: 2017 66% · 2018 100% · 2021 100% · 2023 71% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

87% of Puget Sound OIC dba Puget Sound Training Center's grant income comes from Washington funders.

WA
IL

In-state vs out-of-state, by year

’17
’23
Washington out of state home

Funder states come from each funder’s own filing. $47k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Puget Sound OIC dba Puget Sound Training Center runs a healthier operating margin than three-quarters of the 6,891 human services nonprofits its size.

Operating margin15% · top quartile
Months of reserve5.0mo · above the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025

Organizations like Puget Sound OIC dba Puget Sound Training Center

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 9%Fundraising 1%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Puget Sound OIC dba Puget Sound Training Center: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Puget Sound OIC dba Puget Sound Training Center?
Puget Sound OIC dba Puget Sound Training Center (Washington) receives grants from 6 organizations whose IRS filings report $331,177 to it, the largest being UNITED WAY OF KING COUNTY ($103,134). 3 of them have funded it in more than one year.
How many funders does Puget Sound OIC dba Puget Sound Training Center have?
IRS filings report 6 organizations giving $331,177 in grants to Puget Sound OIC dba Puget Sound Training Center, 3 of which have funded it in more than one year.
Who is the largest funder of Puget Sound OIC dba Puget Sound Training Center?
UNITED WAY OF KING COUNTY is the largest funder on record, with $103,134 in grants. The full list of funders is on this page.
How can an organization like Puget Sound OIC dba Puget Sound Training Center find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Puget Sound OIC dba Puget Sound Training Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing