Civic Intelligence

Financial Empowerment Network

990EZ • Fiscal year 2020 • EIN 82-2691437

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 25, 2021

12819 SE 38th StBellevue, WA 98006

(360) 830-6190

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.25x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.15x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

45th percentile

2.0%

Higher net margin than 45% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$103,866

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 81.1% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

76th percentile

39%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-18%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$77,766

Up $21,849 (+39%) from 2019

Net Assets

Up

$58,443

Up $2,526 (+4.5%) from 2019

Liabilities

$19,323

No earlier filing loaded for comparison.

Revenue

Down

$128,000

Down $28,578 (-18%) from 2019

Expenses

Up

$125,474

Up $14,608 (+13%) from 2019

Net Income

Down

$2,526

Down $43,186 (-94%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $10,205Liabilities 2018: $02018Assets 2019: $55,917Net Assets 2019: $55,9172019Assets 2020: $77,766Liabilities 2020: $19,323Net Assets 2020: $58,4432020Assets 2021: $94,462Liabilities 2021: $22Net Assets 2021: $94,4402021Assets 2022: $106,165Liabilities 2022: $22Net Assets 2022: $106,1432022Assets 2023: $326,950Liabilities 2023: $1,893Net Assets 2023: $325,0572023Assets 2024: $515,665Liabilities 2024: $0Net Assets 2024: $515,6652024

Highlighted filing

2020

Assets$77,766
Liabilities$19,323
Net Assets$58,443

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2018: $88,197Expenses 2018: $77,992Net Income 2018: $10,2052018Revenue 2019: $156,578Expenses 2019: $110,866Net Income 2019: $45,7122019Revenue 2020: $128,000Expenses 2020: $125,474Net Income 2020: $2,5262020Revenue 2021: $186,208Expenses 2021: $150,211Net Income 2021: $35,9972021Revenue 2022: $190,173Expenses 2022: $178,470Net Income 2022: $11,7032022Revenue 2023: $308,311Expenses 2023: $261,070Net Income 2023: $47,2412023Revenue 2024: $648,104Expenses 2024: $457,496Net Income 2024: $190,6082024

Highlighted filing

2020

Revenue$128,000
Expenses$125,474
Net Income$2,526
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 25, 2021
Return Version
2020v4.0
Gross Receipts
$128,000
Mission and Program Overview

Mission

Vision we envision communities where low- and moderate-income individuals and families are able to achieve financial well-being.mission we advance financial empowerment through partnerships that support access to affordable, effective, and relevant services, and other resources.our process we serve as a liaison and broker to create connections, disseminate evidence-based and promising practices, and bring resources to network of providers in order to integrate financial empowerment into other services including anti-poverty strategies.

Program Services

DescriptionGrantsExpenses
LEAD THE STATEWIDE BANK ON INITIATIVE TO HELP INDIVIDUALS WHO ARE UNBANKED OR UNDERBANKED ACCESS AFFORDABLE FINANCIAL SERVICES, INCLUDING CHECKING, SAVINGS, CREDIT, AND FINANCIAL EDUCATION.$53,623-
LEAD A REGIONAL NETWORK OF FINANCIAL EDUCATION PROVIDERS & PARTICIPATING ORGANIZATIONS THAT ARE COMMITTED TO PROVIDING LOW-COST, HIGH-QUALITY FINANCIAL EDUCATION & RESOURCES WASHINGTON RESIDENTS, CONTINUING FINANCIAL EDUCATION WORKSHOPS & TECHNICAL ASSISTANCE TO FRONTLINE STAFF.$20,150-
PROMOTE THE INTEGRATION OF FINANCIAL EMPOWERMENT INTO OTHER SERVICE SYSTEMS; WORKSHOPS, NEWSLETTER, TRAINERS TASK FORCE, & WEBSITE THAT SERVES AS A RESOURCE REPOSITORY.$4,560-
OTHER PROGRAMS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alice CodayExecutive DirectorFT$103,866-$103,866
JOHN KIMPresident-$0--
MICHAEL DOTSONVice President-$0--
GRACE ADRIANOSecretary-$0--
JERRY DEGRIECKDirector-$0--
RISHABH JAINDirector-$0--
JOHN BABAUTADirector-$0--
JEFF FRIENDDirector-$0--
BECKY HOUSEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Financial Empowerment Network
EIN
82-2691437
Phone
3608306190
Address
12819 SE 38th St, Bellevue, WA 98006

Signing Officer

Name
Michael Dotson
Title
Treasurer
Signed
2021-06-25
Discuss with paid preparer
Yes

Preparer

Firm
Branch Richards & Co PS
Address
155 NE 100th St Suite 410, Seattle, WA 98125
Preparer
Steven Lok
Phone
2067290114
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $2734

Other Expenses.1012

Insurance $921

Other Expenses.1

Website maintenance $2662

Other Expenses.3

Business license and permits $117

Other Expenses.4

Bank & credit card charges $59

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $19323

Raw XML Appendix179 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Bellevue
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN KIM
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GRACE ADRIANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JERRY DEGRIECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RISHABH JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOHN BABAUTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JEFF FRIEND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Alice Coday
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BECKY HOUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt06493
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0VISION WE ENVISION COMMUNITIES WHERE LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES ARE ABLE TO ACHIEVE FINANCIAL WELL-BEING.MISSION WE ADVANCE FINANCIAL EMPOWERMENT THROUGH PARTNERSHIPS THAT SUPPORT ACCESS TO AFFORDABLE, EFFECTIVE, AND RELEVANT SERVICES, AND OTHER RESOURCES.OUR PROCESS WE SERVE AS A LIAISON AND BROKER TO CREATE CONNECTIONS, DISSEMINATE EVIDENCE-BASED AND PROMISING PRACTICES, AND BRING RESOURCES TO NETWORK OF PROVIDERS IN ORDER TO INTEGRATE FINANCIAL EMPOWERMENT INTO OTHER SERVICES INCLUDING ANTI-POVERTY STRATEGIES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1LEAD A REGIONAL NETWORK OF FINANCIAL EDUCATION PROVIDERS & PARTICIPATING ORGANIZATIONS THAT ARE COMMITTED TO PROVIDING LOW-COST, HIGH-QUALITY FINANCIAL EDUCATION & RESOURCES WASHINGTON RESIDENTS, CONTINUING FINANCIAL EDUCATION WORKSHOPS & TECHNICAL ASSISTANCE TO FRONTLINE STAFF.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROMOTE THE INTEGRATION OF FINANCIAL EMPOWERMENT INTO OTHER SERVICE SYSTEMS; WORKSHOPS, NEWSLETTER, TRAINERS TASK FORCE, & WEBSITE THAT SERVES AS A RESOURCE REPOSITORY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3OTHER PROGRAMS
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.everyoneiswelcome.org/
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/TotalSupportAmt0372775
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $2734
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WEBSITE MAINTENANCE $2662
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUSINESS LICENSE AND PERMITS $117
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK & CREDIT CARD CHARGES $59
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $19323
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL DOTSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FINANCIAL EMPOWERMENT NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0FINA
ReturnHeader/Filer/EIN0822691437
ReturnHeader/Filer/PhoneNum03608306190
ReturnHeader/Filer/USAddress/AddressLine1Txt012819 SE 38th St
ReturnHeader/Filer/USAddress/CityNm0Bellevue
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098006
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910889988
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Branch Richards & Co PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0155 NE 100th St Suite 410
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Seattle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098125
ReturnHeader/PreparerPersonGrp/PhoneNum02067290114
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven Lok
ReturnHeader/ReturnTs02021-06-25T15:26:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DOTSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings