Civic Intelligence

Whatcom Business Alliance

990 • Fiscal year 2017 • EIN 45-4984520

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 09, 2018

2423 East Bakerview RdBellingham, WA 98226

(360) 746-0418

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

21st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

63rd percentile

7.4%

Higher net margin than 63% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

69th percentile

$100,200

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

90th percentile

38%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-5.5%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$141,925

Up $38,733 (+38%) from 2016

Net Assets

Up

$141,925

Up $38,733 (+38%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$520,194

Down $30,522 (-5.5%) from 2016

Expenses

Up

$481,461

Up $14,829 (+3.2%) from 2016

Net Income

Down

$38,733

Down $45,351 (-54%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $49,012Liabilities 2013: $0Net Assets 2013: $49,0122013Assets 2014: $50,234Liabilities 2014: $3,258Net Assets 2014: $46,9762014Assets 2015: $69,094Liabilities 2015: $3,958Net Assets 2015: $65,1362015Assets 2016: $103,192Liabilities 2016: $0Net Assets 2016: $103,1922016Assets 2017: $141,925Liabilities 2017: $0Net Assets 2017: $141,9252017Assets 2020: $90,387Liabilities 2020: $0Net Assets 2020: $90,3872020Assets 2021: $100,975Liabilities 2021: $0Net Assets 2021: $100,9752021Assets 2022: $185,650Liabilities 2022: $29,669Net Assets 2022: $155,9812022Assets 2024: $198,257Liabilities 2024: $18,448Net Assets 2024: $179,8092024

Highlighted filing

2017

Assets$141,925
Liabilities$0
Net Assets$141,925

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $198,805Expenses 2013: $163,073Net Income 2013: $35,7322013Revenue 2014: $220,169Expenses 2014: $222,205Net Income 2014: -$2,0362014Revenue 2015: $261,285Expenses 2015: $243,125Net Income 2015: $18,1602015Revenue 2016: $550,716Expenses 2016: $466,632Net Income 2016: $84,0842016Revenue 2017: $520,194Expenses 2017: $481,461Net Income 2017: $38,7332017Revenue 2020: $291,326Expenses 2020: $333,073Net Income 2020: -$41,7472020Revenue 2021: $369,516Expenses 2021: $358,928Net Income 2021: $10,5882021Revenue 2022: $485,937Expenses 2022: $446,394Net Income 2022: $39,5432022Revenue 2024: $459,458Expenses 2024: $424,625Net Income 2024: $34,8332024

Highlighted filing

2017

Revenue$520,194
Expenses$481,461
Net Income$38,733
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 9, 2018
Return Version
2017v2.3
Gross Receipts
$520,194
Mission and Program Overview

Mission

To promote economic business and community development in whatcom county, washington.

Promotes business success, community prosperity, & local job market stimulation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,082$141,925▲ $38,843
Total Assets$103,192$141,925▲ $38,733
Other Assets Total$110--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$103,192$141,925▲ $38,733
Total Net Assets Fund Balance$103,192$141,925▲ $38,733
Total Liabilities and Net Assets / Fund Balance$103,192$141,925▲ $38,733
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tony LarsonPresidentFT$87,000$13,200$100,200

Board Members and Trustees

NameTitle
Doug ThomasChairperson
Jane CartenVice-chairperson
Andy EnfieldDirector
Becky RaneyDirector
Ben KinneyDirector
Billy VanzantenDirector
Dave AdamsDirector
Guy JansenDirector
Janelle BrulandDirector
Jeff KochmanDirector
Jeremy CarrollDirector
Josh WrightDirector
Ken BellDirector
Laura MckinneyDirector
Lynn MurphyDirector
Sandy KeathlyDirector
Sarah RothenbuhlerDirector
Tom KenneyDirector
Troy MuljayDirector
Tyler ByrdDirector
John HuntleyExecutive Board Member
Pam BradyExecutive Board Member
Bob PritchettPast Director
Jon SitkinPast Director
Larry MacdonaldPast Director
Marv TjoelkerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$301,144
Program Service Revenue
$219,026
Investment Income
$24
Other Revenue
$0
All Other Contributions
$301,144
Change in Net Assets
$38,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$241,545
Other Expenses$239,916
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$121,099
Current Officers, Directors, Trustees, and Key Employees---$100,200
Fees for Services Legal---$54,713
Advertising---$38,193
Fees for Services Management---$36,419
Office Expenses---$26,369
Occupancy---$24,680
Payroll Taxes---$15,368
Fees for Services Accounting---$7,253
Other Employee Benefits---$4,878
Other Expenses---$4,331
All Other Expenses---$3,118
Travel---$1,094
Fees for Services Other---$888
Total Functional Expenses$0$0$0$481,461
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization is organized as a member-supported exempt entity.

Form 990, Part VI, Section A, Line 7A

Members elect board members at the annual members' meeting.

Form 990, Part VI, Section A, Line 7B

Bylaw changes and other decisions specified in the bylaws are subject to approval by the members.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the finance committee and the executive committee. The executive committee approves the form 990, and the board of directors reviews the form 990 at the subsequent board meeting prior to filing.

Form 990, Part VI, Section B, Line 12C

The whatcom business alliance policies provide guidelines on who is to review conflict of interest information and how it should be reported to the board of directors.

Form 990, Part VI, Section B, Line 15A

Per company bylaws, there is a yearly presidential review occurring at the end of the thrid quarter. A review committee is placed in charge of the reivew process, which includes a compensation discussion.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available upon request from the organization's office.

Filing and Contact Details

Filer

Filer Name
Whatcom Business Alliance
EIN
45-4984520
Phone
3607460418
Address
2423 EAST BAKERVIEW RD, BELLINGHAM, WA 98226

Signing Officer

Name
Tony Larson
Title
President
Phone
3607460418
Signed
2018-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Larson
Formed
2013
Legal Domicile
Wa
Voting Board Members
23
Independent Board Members
23
Employees
5
Volunteers
23

Preparer

Firm
Larson Gross Pllc
Address
2211 RIMLAND DR STE 422, BELLINGHAM, WA 98226
Preparer
Keaton Wersen-cpa
Phone
3607344280
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0520194
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt024
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WHATCOM BUSINESS ALLIANCE (WBA) OPERATES AS A NON-PARTISAN, NON-PROFIT ORGANIZATION FOUNDED AND OPERATED SOLELY WITH PRIVATE FUNDING. THE WBA LEADERSHIP NETWORK PROVIDES A STRONG VOICE FOR THE PRIVATE SECTOR OF BUSINESS THROUGHOUT WHATCOM COUNTY - SMALL OR LARGE, PRIVATE OR PUBLIC, IN ANY INDUSTRY OR NICHE MARKET. WE ENCOURAGE ECONOMIC DEVELOPMENT AND ADVOCACY. THE WBA MEMBERSHIP ROLL CALL CONTINUES TO GROW RAPIDLY WITH A UNIFYING MISSION: SUPPORTING AND CELEBRATING A POSITIVE BUSINESS ENVIRONMENT, AND PROVIDING A VAST COMMUNICATIONS NETWORK TO ADDRESS ISSUES CONCERNING BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0103192
IRS990/NetAssetsOrFundBalancesEOYAmt0141925
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt024680
IRS990/OfficeExpensesGrp/TotalAmt026369
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0110
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04878
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1TAXES
IRS990/OtherExpensesGrp/Desc2RESEARCH & EDUCATION
IRS990/OtherExpensesGrp/Desc3EQUIPMENT
IRS990/OtherExpensesGrp/TotalAmt017375
IRS990/OtherExpensesGrp/TotalAmt114134
IRS990/OtherExpensesGrp/TotalAmt211349
IRS990/OtherExpensesGrp/TotalAmt34331
IRS990/OtherSalariesAndWagesGrp/TotalAmt0121099
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt015368
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TONY LARSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATIONAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0213780
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15246
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0213780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15246
IRS990/ProgSrvcAccomActy2Grp/Desc0INDUSTRY TOURS - ESTABLISHED IN 2012, WBA INDUSTRY TOURS MISSION IS TO EDUCATE AND PROMOTE LOCAL BUSINESS WITHIN WHATCOM COUNTY. TOURS TAKE PLACE FOUR TIMES THROUGHOUT THE CALENDAR YEAR. PAST TOUR LOCATIONS HAVE INCLUDED COMPANIES SUCH AS BP CHERRY POINT, ALL AMERICAN MARINE, INTALCO, RADER FARMS, SEMIAHMOO RESORT, AND OTHERS.
IRS990/ProgSrvcAccomActy3Grp/Desc0WHATCOM BUSINESS ACADEMY - THE ACADEMY IS AN ONGOING SERIES OF BUSINESS CLASSES FOR PERSONAL AND PROFESSIONAL GROWTH. TAUGHT BY BUSINESS LEADERS, OUR EVENTS EMPHASIZE PRACTICAL SKILLS AND SHARED EXPERIENCES.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SPEAKER SERIES - VARIOUS SPEAKERS SHARE THEIR INSIGHT AND EXPERIENCES WITH WBA MEMBERS.ANNUAL ECONOMIC FORECAST UPDATE AND BREAKFAST - PARTNERING WITH PULSE MAGAZINE, THE EVENT FEATURES PRESENTATIONS BY ECONOMIC OBSERVERS WHO LOOK OVER THE PAST YEAR AND PROVIDE PREDICTIONS FOR THE UPCOMING YEAR.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0327075
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt023
IRS990/PYOtherExpensesAmt0282850
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0223618
IRS990/PYRevenuesLessExpensesAmt084084
IRS990/PYSalariesCompEmpBnftPaidAmt0183782
IRS990/PYTotalExpensesAmt0466632
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0550716
IRS990/ReconcilationRevenueExpnssAmt038733
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ORGANIZED AS A MEMBER-SUPPORTED EXEMPT ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT BOARD MEMBERS AT THE ANNUAL MEMBERS' MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BYLAW CHANGES AND OTHER DECISIONS SPECIFIED IN THE BYLAWS ARE SUBJECT TO APPROVAL BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE APPROVES THE FORM 990, AND THE BOARD OF DIRECTORS REVIEWS THE FORM 990 AT THE SUBSEQUENT BOARD MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE WHATCOM BUSINESS ALLIANCE POLICIES PROVIDE GUIDELINES ON WHO IS TO REVIEW CONFLICT OF INTEREST INFORMATION AND HOW IT SHOULD BE REPORTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PER COMPANY BYLAWS, THERE IS A YEARLY PRESIDENTIAL REVIEW OCCURRING AT THE END OF THE THRID QUARTER. A REVIEW COMMITTEE IS PLACED IN CHARGE OF THE REIVEW PROCESS, WHICH INCLUDES A COMPENSATION DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0103192
IRS990/TotalAssetsEOYAmt0141925
IRS990/TotalAssetsGrp/BOYAmt0103192
IRS990/TotalAssetsGrp/EOYAmt0141925
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0301144
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/TotalAmt0481461
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0103192
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0141925
IRS990/TotalOtherCompensationAmt013200
IRS990/TotalProgramServiceRevenueAmt0219026
IRS990/TotalReportableCompFromOrgAmt087000
IRS990/TotalRevenueGrp/ExclusionAmt024
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0219026
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0520194

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