Civic Intelligence

Bin SBA Loan

EIN 81-4001005 • 501(c)3 • Tukwila, WA

Profile

To provide loan financing and support to serve the needs of and benefit small business and residents in the state of washington.

12720 Gateway Dr S 270Tukwila, WA 98166

n/A

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.88x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

4.06x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

98th percentile

99%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k 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

37th percentile

-11%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

93rd percentile

123%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$455,397

Up $41,860 (+10%) from 2023

Liabilities

Down

$400,581

Down $55,886 (-12%) from 2023

Net Assets

Up

$54,816

Up $97,746 (+228%) from 2023

Revenue

Up

$98,556

Up $67,128 (+214%) from 2023

Expenses

Up

$810

Up $167 (+26%) from 2023

Net Income

Up

$97,746

Up $66,961 (+218%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2016: $869,798Liabilities 2016: $843,559Net Assets 2016: $26,2392016Assets 2017: $757,741Liabilities 2017: $790,126Net Assets 2017: -$32,3852017Assets 2018: $713,536Liabilities 2018: $735,713Net Assets 2018: -$22,1772018Assets 2019: $713,028Liabilities 2019: $680,765Net Assets 2019: $32,2632019Assets 2020: $780,928Liabilities 2020: $626,498Net Assets 2020: $154,4302020Assets 2021: $719,447Liabilities 2021: $570,260Net Assets 2021: $149,1872021Assets 2022: $581,182Liabilities 2022: $512,352Net Assets 2022: $68,8302022Assets 2023: $413,537Liabilities 2023: $456,467Net Assets 2023: -$42,9302023Assets 2024: $455,397Liabilities 2024: $400,581Net Assets 2024: $54,8162024

Highlighted filing

2024

Assets$455,397
Liabilities$400,581
Net Assets$54,816

Operations Trend

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

$200K$100K$0-$100KRevenue 2016: $13,185Expenses 2016: $47,166Net Income 2016: -$33,9812016Revenue 2017: $47,095Expenses 2017: $105,719Net Income 2017: -$58,6242017Revenue 2018: $56,880Expenses 2018: $152,421Net Income 2018: -$95,5412018Revenue 2019: $51,273Expenses 2019: $126,507Net Income 2019: -$75,2342019Revenue 2020: $38,836Expenses 2020: $47,253Net Income 2020: -$8,4172020Revenue 2021: $34,533Expenses 2021: $82,042Net Income 2021: -$47,5092021Revenue 2022: $19,801Expenses 2022: $65,312Net Income 2022: -$45,5112022Revenue 2023: $31,428Expenses 2023: $643Net Income 2023: $30,7852023Revenue 2024: $98,556Expenses 2024: $810Net Income 2024: $97,7462024

Highlighted filing

2024

Revenue$98,556
Expenses$810
Net Income$97,746

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 12, 2025
Return Version
2024v5.1
Gross Receipts
$98,556
Mission and Program Overview

Mission

Business impact nw grows businesses that create jobs in underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$157,273$238,143▲ $80,870
Cash and Non-Interest-Bearing Accounts$256,264$217,254▼ $39,010
Total Assets$413,537$455,397▲ $41,860
Liabilities
Mortgage Notes Payable Secured by Investment Property$456,467$400,581▼ $55,886
Total Liabilities$456,467$400,581▼ $55,886
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-42,930$54,816▲ $97,746
Total Net Assets Fund Balance$-42,930$54,816▲ $97,746
Total Liabilities and Net Assets / Fund Balance$413,537$455,397▲ $41,860
Compensation and Service Providers

Employees

NameTitleOtherTotal
Henry HittCFO/COO$145,334$145,334

Board Members and Trustees

NameTitle
John ZmolekBoard Chair
Joseph Sky-tuckerPresident/CEO
Kellen BallBoard Vice Chair
Paul KirkbrideBoard Treasurer
Kurt HeathDirector
Megan SnyderDirector
Peter HaDirector
Robert LuettjohannDirector
SEAN O'MEALIADirector
Jessica EnziDirector (thru 1/24)
Lorri WallaceSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$71,367
Program Service Revenue
$21,479
Investment Income
$0
Other Revenue
$5,710
Change in Net Assets
$97,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$810
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$810--$810
Total Functional Expenses$810$0$0$810
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole shareholder is business impact nw.

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

The shareholders have the power to elect directors.

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

Shareholders each have one vote per share held to vote on governing decisions.

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

Form 990 is reviewed by the ceo before it is filed with the irs; all board members are given a copy of the 990 before filing.

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

The board has a practice that it is the responsibility of all interested persons to continually monitor and disclose any new or potential conflict of interest concerns on an ongoing basis. When a conflict of interest occurs, the board determines if there would be a more advantageous transaction that would not give rise to a conflict of interest. If not advantageous then the board will vote on whether to enter into the conflict of interest transaction, the person of conflict will not take part in the vote. If a conflict of interest is not disclosed then the board will determine if there is reasonable cause for failure to disclose. If not, then appropriate and corrective action is taken.

Form 990, Part VI, Section C, Line 19

The organization makes its form 1023 and 990 available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Bin Sba Loan
EIN
81-4001005
Phone
2063244330
Address
12720 GATEWAY DR S 270, TUKWILA, WA 98166

Signing Officer

Name
Joe Sky-tucker
Title
President/CEO
Phone
2063244330
Signed
2025-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Sky-tucker
Formed
2016
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
601 W RIVERSIDE AVENUE STE 1800, SPOKANE, WA 99201
Preparer
Emina O Cresswell CPA
Phone
5097472600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Bin is a nonprofit organization exempt from federal income tax under the provisions of internal revenue code section 501(c)(3). However, bin remains subject to income taxes on any net income that is derived from a trade or business, regularly carried on and not in furtherance of the purpose for which it was granted exemption. No income tax provision has been recorded as the net income, if any, from any unrelated trade or business, in the opinion of management, is not material to the consolidated financial statements taken as a whole. Management believes no uncertain tax positions exist for the organization at december 31, 2024 and 2023. Bin files income tax returns in the u.s. Federal jurisdiction.

Raw XML AppendixShowing 400 of 465 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.

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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt05097
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt08387
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt013091
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt036954
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt07484
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt02895
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt05097
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt08387
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt013091
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt036954
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt018740
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt019801
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt034356
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt038557
IRS990ScheduleA/Total509Grp/TotalAmt0204300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt098556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt031428
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt019801
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt034533
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt038836
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0223154
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BIN IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). HOWEVER, BIN REMAINS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSE FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS TAKEN AS A WHOLE. MANAGEMENT BELIEVES NO UNCERTAIN TAX POSITIONS EXIST FOR THE ORGANIZATION AT DECEMBER 31, 2024 AND 2023. BIN FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0149805
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt01652
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016091
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSEPH SKY-TUCKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0167548
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0SALARY DECISIONS FOR THE CEO ARE MADE BY THE FULL BOARD EXCLUDING ANYONE WITH A CONFLICT OF INTEREST. COMPARABLE DATA USED IS A SALARY SURVEY AND COMPARED TO TRADE ORGANIZATIONS AND SIMILAR ORGANIZATIONS FROM GUIDESTAR. THE COMPENSATION IS REVIEWED ANNUALLY, THE LAST REVIEW WAS MARCH 2023. THE MEETINGS ARE DOCUMENTED AND KEPT FOR RECORDKEEPING.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOLE SHAREHOLDER IS BUSINESS IMPACT NW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SHAREHOLDERS HAVE THE POWER TO ELECT DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SHAREHOLDERS EACH HAVE ONE VOTE PER SHARE HELD TO VOTE ON GOVERNING DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE CEO BEFORE IT IS FILED WITH THE IRS; ALL BOARD MEMBERS ARE GIVEN A COPY OF THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD HAS A PRACTICE THAT IT IS THE RESPONSIBILITY OF ALL INTERESTED PERSONS TO CONTINUALLY MONITOR AND DISCLOSE ANY NEW OR POTENTIAL CONFLICT OF INTEREST CONCERNS ON AN ONGOING BASIS. WHEN A CONFLICT OF INTEREST OCCURS, THE BOARD DETERMINES IF THERE WOULD BE A MORE ADVANTAGEOUS TRANSACTION THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF NOT ADVANTAGEOUS THEN THE BOARD WILL VOTE ON WHETHER TO ENTER INTO THE CONFLICT OF INTEREST TRANSACTION, THE PERSON OF CONFLICT WILL NOT TAKE PART IN THE VOTE. IF A CONFLICT OF INTEREST IS NOT DISCLOSED THEN THE BOARD WILL DETERMINE IF THERE IS REASONABLE CAUSE FOR FAILURE TO DISCLOSE. IF NOT, THEN APPROPRIATE AND CORRECTIVE ACTION IS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
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 C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0BUSINESS IMPACT NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BUSINESS IMPACT NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0911764008
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOAN SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt012720 GATEWAY DR S SUITE 270
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TUKWILA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098166
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0413537
IRS990/TotalAssetsEOYAmt0455397
IRS990/TotalAssetsGrp/BOYAmt0413537
IRS990/TotalAssetsGrp/EOYAmt0455397
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt071367

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