Civic Intelligence

Washington State Charter Schools Association

EIN 46-3224248 • 501(c)3 • Seattle, WA

Profile

We advocate for and support high-quality public charter schools that meet the needs of historically underserved students.

210 S Hudson St 302Seattle, WA 98134

www.wacharters.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.04x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.04x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

6th percentile

-58%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

3rd percentile

-42%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

7.1%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets34th percentile

Assets

Down

$6,508,478

Down $4,695,476 (-42%) from 2023

Liabilities

Down

$284,722

Down $514,510 (-64%) from 2023

Net Assets

Down

$6,223,756

Down $4,180,966 (-40%) from 2023

Operations
Liabilities / Revenue24th percentileNet Margin6th percentile

Revenue

Up

$7,233,904

Up $482,091 (+7.1%) from 2023

Expenses

Down

$11,414,870

Down $2,043,582 (-15%) from 2023

Net Income

Up

-$4,180,966

Up $2,525,673 (+38%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2013: $4,170,281Liabilities 2013: $30,420Net Assets 2013: $4,139,8612013Assets 2014: $6,111,355Liabilities 2014: $414,880Net Assets 2014: $5,696,4752014Assets 2015: $10,310,412Liabilities 2015: $1,414,052Net Assets 2015: $8,896,3602015Assets 2016: $5,952,219Liabilities 2016: $1,291,554Net Assets 2016: $4,660,6652016Assets 2017: $10,261,176Liabilities 2017: $1,972,218Net Assets 2017: $8,288,9582017Assets 2018: $6,701,671Liabilities 2018: $1,487,080Net Assets 2018: $5,214,5912018Assets 2019: $6,130,619Liabilities 2019: $1,044,471Net Assets 2019: $5,086,1482019Assets 2020: $18,168,562Liabilities 2020: $2,336,593Net Assets 2020: $15,831,9692020Assets 2021: $13,158,502Liabilities 2021: $1,727,999Net Assets 2021: $11,430,5032021Assets 2022: $18,056,641Liabilities 2022: $945,280Net Assets 2022: $17,111,3612022Assets 2023: $11,203,954Liabilities 2023: $799,232Net Assets 2023: $10,404,7222023Assets 2024: $6,508,478Liabilities 2024: $284,722Net Assets 2024: $6,223,7562024

Highlighted filing

2024

Assets$6,508,478
Liabilities$284,722
Net Assets$6,223,756
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2013: $5,410,462Expenses 2013: $1,270,601Net Income 2013: $4,139,8612013Revenue 2014: $5,548,889Expenses 2014: $3,987,417Net Income 2014: $1,561,4722014Revenue 2015: $10,126,610Expenses 2015: $6,926,725Net Income 2015: $3,199,8852015Revenue 2016: $6,320,256Expenses 2016: $10,555,951Net Income 2016: -$4,235,6952016Revenue 2017: $10,754,163Expenses 2017: $7,125,870Net Income 2017: $3,628,2932017Revenue 2018: $3,420,156Expenses 2018: $6,494,523Net Income 2018: -$3,074,3672018Revenue 2019: $6,093,727Expenses 2019: $6,222,170Net Income 2019: -$128,4432019Revenue 2020: $20,845,048Expenses 2020: $10,099,227Net Income 2020: $10,745,8212020Revenue 2021: $7,768,416Expenses 2021: $12,169,882Net Income 2021: -$4,401,4662021Revenue 2022: $16,830,336Expenses 2022: $11,149,478Net Income 2022: $5,680,8582022Revenue 2023: $6,751,813Expenses 2023: $13,458,452Net Income 2023: -$6,706,6392023Revenue 2024: $7,233,904Expenses 2024: $11,414,870Net Income 2024: -$4,180,9662024

Highlighted filing

2024

Revenue$7,233,904
Expenses$11,414,870
Net Income-$4,180,966
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$6,508,478
Liabilities
$284,722
Net assets
$6,223,756
Revenue
$7,233,904
Expenses
$11,414,870
Net income
-$4,180,966
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.51$0.28$6.22$7.23$11.4$4.18
2023Summary only. Only limited summary data is available for this year.$11.2$0.80$10.4$6.75$13.5$6.71
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.1$0.95$17.1$16.8$11.1$5.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$1.73$11.4$7.77$12.2$4.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.2$2.34$15.8$20.8$10.1$10.7
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.13$1.04$5.09$6.09$6.22$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.70$1.49$5.21$3.42$6.49$3.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$1.97$8.29$10.8$7.13$3.63
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.95$1.29$4.66$6.32$10.6$4.24
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$1.41$8.90$10.1$6.93$3.20
2014Detailed filing. Detailed filing data is available for this year.$6.11$0.41$5.70$5.55$3.99$1.56
2013Detailed filing. Detailed filing data is available for this year.$4.17$0.03$4.14$5.41$1.27$4.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$7,233,904
Mission and Program Overview

Mission

We advocate for and support high-quality charter public schools that meet the needs of historically underserved students.

Through advocacy and policy, the washington state charter schools association works to ensure a strong, vibrant, and growing community of charter public schools that deliver excellent educational opportunities to all families, especially those who have been historically underserved.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,479,898$3,834,446▲ $1,354,548
Pledges and Grants Receivable$3,238,021$1,827,130▼ $1,410,891
Investments Program Related$1,591,939$738,456▼ $853,483
Prepaid Expenses and Deferred Charges$33,943$22,720▼ $11,223
Accounts Receivable$297$17,914▲ $17,617
Savings and Temporary Cash Investments$3,667,136$2,596▼ $3,664,540
Total Assets$11,203,954$6,508,478▼ $4,695,476
Other Assets Total$192,720$65,216▼ $127,504
Liabilities
Accounts Payable and Accrued Expenses$149,183$242,051▲ $92,868
Other Liabilities$49,146$23,978▼ $25,168
Deferred Revenue$18,739$18,293▼ $446
Grants Payable$582,164$400▼ $581,764
Total Liabilities$799,232$284,722▼ $514,510
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,934,698$4,481,160▼ $2,453,538
Net Assets Without Donor Restrictions$3,470,024$1,742,596▼ $1,727,428
Total Net Assets Fund Balance$10,404,722$6,223,756▼ $4,180,966
Total Liabilities and Net Assets / Fund Balance$11,203,954$6,508,478▼ $4,695,476

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$738,456--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natalie HesterCo-president, External AffairsFT$241,117$15,338$256,455
Rekha BhattCo-president, Innovative SchoolFT$244,550$8,854$253,404
Elizabeth Haid BloxhamCo-president, Finance & OpsFT$239,003$14,027$253,030
Christine KorsmoExecutive DirectorFT$240,833$1,108$241,941
Margaret MeyersCommunications DirectorFT$154,597$31,452$186,049
Barbara GilchristDirector of Coalition & Govt. RelationsFT$131,923$13,692$145,615
Jeanette VaughnCSP Project Director & School Implementation CoachFT$142,183-$142,183
Diana MarkerVice President of Innovative SchoolsFT$131,272$9,730$141,002
Adan Juarez CordovaHuman Resources DirectorFT$122,219$10,266$132,485

Board Members and Trustees

NameTitle
Dr Joel DomingoBoard Chair
James HeugasVice Chair
Chris GibbonsDirector
Dan EfflandDirector
Debbie VeneyDirector
Eric PettigrewDirector
Juan CottoDirector
Julie KennedyDirector
Steve SmithDirector
Todd ZiebarthDirector
Anthony ClarkeMember Council Representative
Morgen Flowers-washingtonMember Council Representative
Omar VasquezSecretary
Carolyn Chuong HolgateTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mitchell Alan PriceSenior Policy Advisory Services2861 PROVINCIAL DRIVE, Ann Arbor, MI 48104$132,034
Revenue and Support

Revenue Composition

Contributions and Grants
$6,580,849
Program Service Revenue
$431,692
Investment Income
$221,363
Other Revenue
$0
All Other Contributions
$2,755,169
Change in Net Assets
$-4,180,966
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,774,480
Other Expenses$3,005,941
Salaries, Compensation, and Employee Benefits$2,634,449
Total Fundraising Expense$180,248
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,774,480--$5,774,480
Fees for Services Other$771,210$548,537$71,705$1,391,452
Other Salaries and Wages$1,002,059$198,223$61,491$1,261,773
Current Officers, Directors, Trustees, and Key Employees$767,992$189,785$47,052$1,004,829
Other Expenses$994,223--$994,223
Conferences and Meetings$264,822$29,771-$294,593
Other Employee Benefits$7,168$164,735-$171,903
Payroll Taxes$6,488$142,020-$148,508
Office Expenses$15,091$120,177-$135,268
Occupancy-$67,231-$67,231
Pension Plan Contributions$933$46,503-$47,436
Fees for Services Accounting-$47,120-$47,120
Travel$30,536$9,987-$40,523
Fees for Services Legal$16,405$19,126-$35,531
Total Functional Expenses$9,651,407$1,583,215$180,248$11,414,870
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Impact Public Schools-501(c)(3)Pass-through Grants to Schools$1,526,034
Catalyst-501(c)(3)Pass-through Grants to Schools$1,086,890
Rooted School Washington-501(c)(3)Pass-through Grants to Schools$639,940
Pullman Community Montessori-501(c)(3)Pass-through Grants to Schools$457,625
Pinnacles Prep-501(c)(3)Pass-through Grants to Schools$407,962
Whatcom Intergenerational High School Csp-501(c)(3)Pass-through Grants to Schools$397,289
Rainier Valley Leadership Academy-501(c)(3)Pass-through Grants to Schools$373,592
Wa Charters Action-501(c)(4)Pass-through Grants to Schools$200,000
Lumen Public School-501(c)(3)Pass-through Grants to Schools$196,161
Why Not You Academy-501(c)(3)Pass-through Grants to Schools$180,792
Rainier Prep-501(c)(3)Pass-through Grants to Schools$54,000
Summit Public Schools-501(c)(3)Pass-through Grants to Schools$35,222
Spokane International Academy-501(c)(3)Pass-through Grants to Schools$23,812
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
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$23,978
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Wa charters co-president finance and operations reviewed the draft copy of the form 990 which was then distributed to the finance committee prior to filing the return.”

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

“Directors and officers of wa charters are required to fully disclose all material facts of every actual or potential conflict of interest annually through the annual conflict of interest questionnaire.”

Form 990, Part VI, Section B, Line 15

“All individuals involved in approving compensation arrangements follow a conflict of interest policy. All compensation arrangements are documented in advance and in writing prior to paying compensation. Such compensation arrangements are based on information about similar organizations, and the supporting information and voting records are documented in writing.”

Form 990, Part VI, Section C, Line 19

“Wa charters' governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Washington State Charter Schools
EIN
46-3224248
Phone
2064242780
Address
210 S HUDSON ST 302, SEATTLE, WA 98134

Signing Officer

Name
Christine Korsmo
Title
Executive Director
Phone
2064242780
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Korsmo
Formed
2013
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
15
Volunteers
14

Preparer

Firm
Larson Gross Advisors LLC
Address
419 LIBERTY STREET, LYNDEN, WA 98264
Preparer
Molly Honcoop-cpa
Phone
3607344280
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other: program service expenses 771,210. Management and general expenses 548,537. Fundraising expenses 71,705. Total expenses 1,391,452.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The washington state charter schools association, pursuant to a letter of determination from the internal revenue service, is a non-profit organization exempted from the federal income tax under section 501(c)(3) of the internal revenue service code of 1986. As of december 31, 2024 the entity had no unrelated business activities subject to federal income taxes. Management evaluated the entity's tax positions and concluded that the entity had taken no uncertain tax positions.”

Raw XML AppendixShowing 400 of 783 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt017914
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THROUGH ADVOCACY AND POLICY, THE WASHINGTON STATE CHARTER SCHOOLS ASSOCIATION WORKS TO ENSURE A STRONG, VIBRANT, AND GROWING COMMUNITY OF CHARTER PUBLIC SCHOOLS THAT DELIVER EXCELLENT EDUCATIONAL OPPORTUNITIES TO ALL FAMILIES, ESPECIALLY THOSE WHO HAVE BEEN HISTORICALLY UNDERSERVED.
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