Civic Intelligence

Sage Leaders

990 • Fiscal year 2022 • EIN 85-1190550

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 25, 2023

414 Maynard Ave SSeattle, WA 98104

(206) 568-5000

Siviq Scores

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

Liabilities / Assets

56th percentile

0.03x

Higher debt load relative to assets than 56% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

55th percentile

0.04x

Higher debt load relative to revenue than 55% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Net Margin

71st percentile

22%

Higher net margin than 71% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

90th percentile

$96,538

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 14.0% of source-year revenue.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Asset Growth

79th percentile

15%

Faster asset growth than 79% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

29th percentile

-5.3%

Faster revenue growth than 29% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$961,914

Up $124,586 (+15%) from 2021

Net Assets

Up

$932,310

Up $150,088 (+19%) from 2021

Liabilities

Down

$29,604

Down $25,502 (-46%) from 2021

Revenue

Down

$689,156

Down $38,441 (-5.3%) from 2021

Expenses

Up

$539,068

Up $28,479 (+5.6%) from 2021

Net Income

Down

$150,088

Down $66,920 (-31%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2020: $67,849Liabilities 2020: $20,135Net Assets 2020: $47,7142020Assets 2021: $837,328Liabilities 2021: $55,106Net Assets 2021: $782,2222021Assets 2022: $961,914Liabilities 2022: $29,604Net Assets 2022: $932,3102022Assets 2023: $1,096,025Liabilities 2023: $112,022Net Assets 2023: $984,0032023Assets 2024: $1,213,967Liabilities 2024: $105,511Net Assets 2024: $1,108,4562024

Highlighted filing

2022

Assets$961,914
Liabilities$29,604
Net Assets$932,310

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2020: $138,108Expenses 2020: $90,394Net Income 2020: $47,7142020Revenue 2021: $727,597Expenses 2021: $510,589Net Income 2021: $217,0082021Revenue 2022: $689,156Expenses 2022: $539,068Net Income 2022: $150,0882022Revenue 2023: $848,108Expenses 2023: $796,415Net Income 2023: $51,6932023Revenue 2024: $1,057,789Expenses 2024: $933,336Net Income 2024: $124,4532024

Highlighted filing

2022

Revenue$689,156
Expenses$539,068
Net Income$150,088
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 25, 2023
Return Version
2022v5.0
Gross Receipts
$689,156
Mission and Program Overview

Mission

Sage leaders cultivates deep democracy in washington state by developing black, indigenous and people of color community leaders for civic and elected leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$344,859-
Savings and Temporary Cash Investments$302,852$342,917▲ $40,065
Pledges and Grants Receivable$530,000$274,000▼ $256,000
Prepaid Expenses and Deferred Charges$4,476$138▼ $4,338
Total Assets$837,328$961,914▲ $124,586
Liabilities
Accounts Payable and Accrued Expenses$55,106$29,604▼ $25,502
Total Liabilities$55,106$29,604▼ $25,502
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$264,722$517,727▲ $253,005
Net Assets With Donor Restrictions$517,500$414,583▼ $102,917
Total Net Assets Fund Balance$782,222$932,310▲ $150,088
Total Liabilities and Net Assets / Fund Balance$837,328$961,914▲ $124,586

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,622$1,622
Compensation and Service Providers

Employees

NameTitleOtherTotal
Christina ShimizuCo-exec Dire$96,538$96,538

Board Members and Trustees

NameTitle
Tiffany MendozaPresident
Jennell HicksBoard Member
Stefan MoritzBoard Member
Sarah CherinSecretary
Rich StolzVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$688,396
Program Service Revenue
$0
Investment Income
$760
Other Revenue
$0
All Other Contributions
$234,396
Change in Net Assets
$150,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$455,072
Other Expenses$83,891
Total Fundraising Expense$32,102
Grants and Similar Amounts Paid$105
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$258,494$84,679$22,631$365,804
Other Employee Benefits$23,833$7,780$2,132$33,745
Payroll Taxes$22,805$7,277$1,943$32,025
Pension Plan Contributions$16,688$5,064$1,746$23,498
Occupancy$8,662$2,926$992$12,580
Information Technology$4,283$6,890$904$12,077
Fees for Services Other$9,865$1,204$42$11,111
Fees for Services Accounting$2,463$5,485$346$8,294
Travel$6,047$501$264$6,812
Fees for Services Legal$5,100$1,348-$6,448
Office Expenses$1,046$1,448$148$2,642
Depreciation Depletion-$1,622-$1,622
Other Expenses$513$83$690$773
Conferences and Meetings$449$258-$707
All Other Expenses$145$217-$362
Advertising$210$28$87$325
Grants to Domestic Orgs$105--$105
Insurance-$105-$105
Total Functional Expenses$379,715$127,251$32,102$539,068
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Sage Leaders
EIN
85-1190550
Phone
2065685000
Address
414 MAYNARD AVE S, SEATTLE, WA 98104

Signing Officer

Name
Christina Shimizu
Title
Co-exec Director
Phone
2065685000
Signed
2023-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christina Shimizu
Formed
2020
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Minar and Northey Llp
Address
PO BOX 9845, SEATTLE, WA 98109
Preparer
Shannon Knipp
Phone
2062822666
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Cli the community leadership institute (cli) is a 6-month fellowship that trains emerging leaders in issues such as housing, land use, transit, climate and economic development. Graduates learn the nuts and bolts of local government processes such as municipal budgeting, parliamentary procedures, and lawmaking, as well as advocacy, storytelling and communication skills. In 2022, cli graduated 16 members from their 2021- 2022 king county cohort, and launched their first clark county cohort for residents of the vancouver, wa area. The clark county program attracted 12 participants, 11 of whom identify as bipoc. 80% of these participants have applied to public or community centered boards, and 60% have been accepted to date.

Form 990, Page 2, Part III, Line 4B

Electoral programs our electoral programs include local elected leadership institute (leli), political leadership council (plc), and bipoc candidate cohort. The leli program started in 2021, and is a support group for progressive bipoc leaders serving in local elected office at the city or county level in washington state. Leli met 3 times in 2022 to finish out the first year of this program. The political leadership council is a grassroots team of cli graduates who vet, endorse and support bipoc candidates running for city and county office in washington state. In 2022, 7 plc members endorsed 17 candidates in the 2022 election cycle. 11 of these 17 candidates won their race. The bipoc candidate cohort is a peer support group that offers training resources for progressive civic leaders interested in running for office. In 2022, 10 bipoc candidates from across washington state convened 8 sessions, each focusing on a key aspect of campaigning.

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IRS990/ProgSrvcAccomActy2Grp/Desc0ELECTORAL PROGRAMS OUR ELECTORAL PROGRAMS INCLUDE LOCAL ELECTED LEADERSHIP INSTITUTE (LELI), POLITICAL LEADERSHIP COUNCIL (PLC), AND BIPOC CANDIDATE COHORT. THE LELI PROGRAM STARTED IN 2021, AND IS A SUPPORT GROUP FOR PROGRESSIVE BIPOC LEADERS SERVING IN LOCAL ELECTED OFFICE AT THE CITY OR COUNTY LEVEL IN WASHINGTON STATE. LELI MET 3 TIMES IN 2022 TO FINISH OUT THE FIRST YEAR OF THIS PROGRAM. THE POLITICAL LEADERSHIP COUNCIL IS A GRASSROOTS TEAM OF CLI GRADUATES WHO VET, ENDORSE AND SUPPORT BIPOC CANDIDATES RUNNING FOR CITY AND COUNTY OFFICE IN WASHINGTON STATE. IN 2022, 7 PLC MEMBERS ENDORSED 17 CANDIDATES IN THE 2022 ELECTION CYCLE. 11 OF THESE 17 CANDIDATES WON THEIR RACE. THE BIPOC CANDIDATE COHORT IS A PEER SUPPORT GROUP THAT OFFERS TRAINING RESOURCES FOR PROGRESSIVE CIVIC LEADERS INTERESTED IN RUNNING FOR OFFICE. IN 2022, 10 BIPOC CANDIDATES FROM ACROSS WASHINGTON STATE CONVENED 8 SESSIONS, EACH FOCUSING ON A KEY ASPECT OF CAMPAIGNING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLI THE COMMUNITY LEADERSHIP INSTITUTE (CLI) IS A 6-MONTH FELLOWSHIP THAT TRAINS EMERGING LEADERS IN ISSUES SUCH AS HOUSING, LAND USE, TRANSIT, CLIMATE AND ECONOMIC DEVELOPMENT. GRADUATES LEARN THE NUTS AND BOLTS OF LOCAL GOVERNMENT PROCESSES SUCH AS MUNICIPAL BUDGETING, PARLIAMENTARY PROCEDURES, AND LAWMAKING, AS WELL AS ADVOCACY, STORYTELLING AND COMMUNICATION SKILLS. IN 2022, CLI GRADUATED 16 MEMBERS FROM THEIR 2021- 2022 KING COUNTY COHORT, AND LAUNCHED THEIR FIRST CLARK COUNTY COHORT FOR RESIDENTS OF THE VANCOUVER, WA AREA. THE CLARK COUNTY PROGRAM ATTRACTED 12 PARTICIPANTS, 11 OF WHOM IDENTIFY AS BIPOC. 80% OF THESE PARTICIPANTS HAVE APPLIED TO PUBLIC OR COMMUNITY CENTERED BOARDS, AND 60% HAVE BEEN ACCEPTED TO DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTORAL PROGRAMS OUR ELECTORAL PROGRAMS INCLUDE LOCAL ELECTED LEADERSHIP INSTITUTE (LELI), POLITICAL LEADERSHIP COUNCIL (PLC), AND BIPOC CANDIDATE COHORT. THE LELI PROGRAM STARTED IN 2021, AND IS A SUPPORT GROUP FOR PROGRESSIVE BIPOC LEADERS SERVING IN LOCAL ELECTED OFFICE AT THE CITY OR COUNTY LEVEL IN WASHINGTON STATE. LELI MET 3 TIMES IN 2022 TO FINISH OUT THE FIRST YEAR OF THIS PROGRAM. THE POLITICAL LEADERSHIP COUNCIL IS A GRASSROOTS TEAM OF CLI GRADUATES WHO VET, ENDORSE AND SUPPORT BIPOC CANDIDATES RUNNING FOR CITY AND COUNTY OFFICE IN WASHINGTON STATE. IN 2022, 7 PLC MEMBERS ENDORSED 17 CANDIDATES IN THE 2022 ELECTION CYCLE. 11 OF THESE 17 CANDIDATES WON THEIR RACE. THE BIPOC CANDIDATE COHORT IS A PEER SUPPORT GROUP THAT OFFERS TRAINING RESOURCES FOR PROGRESSIVE CIVIC LEADERS INTERESTED IN RUNNING FOR OFFICE. IN 2022, 10 BIPOC CANDIDATES FROM ACROSS WASHINGTON STATE CONVENED 8 SESSIONS, EACH FOCUSING ON A KEY ASPECT OF CAMPAIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-EXEC DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-25
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910541908
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MINAR AND NORTHEY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 9845
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEATTLE
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ReturnHeader/PreparerPersonGrp/PhoneNum02062822666
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHANNON KNIPP
ReturnHeader/ReturnTs02023-09-25T15:59:45-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRISTINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHIMIZU
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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