Civic Intelligence

47Th Avenue Foundation

EIN 84-6884500 • Bellevue, WA

500 108th Ave NE 1100Bellevue, WA 98004
Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

$50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

12th percentile

0.00x

Higher debt load relative to revenue than 12% of similar nonprofits.

$50M-$100M nonprofits • Source year 2023

Net Margin

3rd percentile

-112%

Higher net margin than 3% of similar nonprofits.

$50M-$100M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

66th percentile

9.8%

Faster asset growth than 66% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets12th percentile

Assets

Up

$59,983,712

Up $3,910,855 (+7.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$59,983,712

Up $3,910,855 (+7.0%) from 2023

Operations
Liabilities / Revenue12th percentileNet Margin3rd percentile

Revenue

Up

$1,123,751

Up $85,411 (+8.2%) from 2023

Expenses

Up

$3,034,121

Up $827,825 (+38%) from 2023

Net Income

Down

-$1,910,370

Down $742,414 (-64%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

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

$60M$40M$20M$0Assets 2020: $44,662,411Liabilities 2020: $0Net Assets 2020: $44,662,4112020Assets 2021: $48,396,748Liabilities 2021: $0Net Assets 2021: $48,396,7482021Assets 2022: $51,051,792Liabilities 2022: $0Net Assets 2022: $51,051,7922022Assets 2023: $56,072,857Liabilities 2023: $0Net Assets 2023: $56,072,8572023Assets 2024: $59,983,712Liabilities 2024: $0Net Assets 2024: $59,983,7122024

Highlighted filing

2024

Assets$59,983,712
Liabilities$0
Net Assets$59,983,712
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MRevenue 2020: $1,745,481Expenses 2020: $5,225,253Net Income 2020: -$3,479,7722020Revenue 2021: $3,953,142Expenses 2021: $88,918Net Income 2021: $3,864,2242021Revenue 2022: -$2,336,741Expenses 2022: $715,651Net Income 2022: -$3,052,3922022Revenue 2023: $1,038,340Expenses 2023: $2,206,296Net Income 2023: -$1,167,9562023Revenue 2024: $1,123,751Expenses 2024: $3,034,121Net Income 2024: -$1,910,3702024

Highlighted filing

2024

Revenue$1,123,751
Expenses$3,034,121
Net Income-$1,910,370
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,983,712
Liabilities
$0
Net assets
$59,983,712
Revenue
$1,123,751
Expenses
$3,034,121
Net income
-$1,910,370
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$60.0$0.00$60.0$1.12$3.03$1.91
2023Detailed filing. Detailed filing data is available for this year.$56.1$0.00$56.1$1.04$2.21$1.17
2022Detailed filing. Detailed filing data is available for this year.$51.1$0.00$51.1$2.34$0.72$3.05
2021Detailed filing. Detailed filing data is available for this year.$48.4$0.00$48.4$3.95$0.09$3.86
2020Detailed filing. Detailed filing data is available for this year.$44.7$0.00$44.7$1.75$5.23$3.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDSEY WELLMONExecutive DirectorFT$179,922-$179,922
Filing and Contact Details

Filer

Filer Name
47th Avenue Foundation
EIN
84-6884500
Phone
4254537464
Address
500 108TH AVE NE 1100, BELLEVUE, WA 98004

Signing Officer

Name
Lindsey Wellmon
Title
Executive Director
Phone
4254537464
Signed
2025-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH ST STE 1400, BELLEVUE, WA 98004
Preparer
Lisa Mccreedy
Phone
4254544919
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IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt00
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IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYAmt06776921
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IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt00
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IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt059983712
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsBOYAmt012452535
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IRS990PF/Form990PFBalanceSheetsGrp/USGovtObligationsEOYFMVAmt013875560
IRS990PF/MethodOfAccountingOtherInd0X
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IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt02915153
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IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/TitleTxt0VICE PRESIDENT OF OP
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/TitleTxt1VICE PRESIDENT OF ST
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt0ROBERT W BAIRD & CO INCORPORATED
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt0INVESTMENT MANAGEMENT FEES
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd098004
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IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
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IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE FOUNDATION HOSTED AN EVENT ON AUGUST 8, 2025 FOR THEIR NON-PROFIT PARTNERS.. IT HAD TWO MAIN GOALS. THE FIRST WAS AN EDUCATION HOUR FOCUSED ON EMERGING AI TECHNOLOGY AND HOW NON-PROFITS CAN USE THE EMERGING TECHNOLOGY. THE EDUCATION HOUR WAS RECORDED AND SENT IT OUT TO PARTNERS TO SHARE WITH OTHER TEAM MEMBERS WHO WERE NOT ABLE TO ATTEND THE EVENT. THE SECOND HOUR WAS A NETWORKING SESSION AND PROVIDED AN OPPORTUNITY FOR OUR PARTNERS TO SHARE IDEAS OF WHAT THEY LEARNED AND HOW THEY FORESEE USING AI AT THEIR ORGANIZATIONS. PARTNERS FEEDBACK ON THE EVENT WAS POSITIVE, THEY FOUND IT HELPFUL, APPRECIATED THE FOUNDATIONS ATTENTION TO LITTLE DETAILS, AND WERE INTERESTED IN ATTENDING FUTURE EVENTS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt042173
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt2512082
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt4220000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt432500

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