Civic Intelligence

Interfaith Works

990 • Fiscal year 2020 • EIN 91-0947698

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

PO Box 1221Olympia, WA 98507

(360) 357-7224

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.19x

Higher debt load relative to assets than 62% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.11x

Higher debt load relative to revenue than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

99th percentile

757%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

185%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,943,432

Up $1,716,553 (+757%) from 2019

Net Assets

Up

$1,570,773

Up $1,421,443 (+952%) from 2019

Liabilities

Up

$372,659

Up $295,110 (+381%) from 2019

Revenue

Up

$3,352,172

Up $2,173,963 (+185%) from 2019

Expenses

Up

$1,930,729

Up $733,048 (+61%) from 2019

Net Income

Up

$1,421,443

Up $1,440,915 (+7400%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2019: $226,879Liabilities 2019: $77,549Net Assets 2019: $149,3302019Assets 2020: $1,943,432Liabilities 2020: $372,659Net Assets 2020: $1,570,7732020Assets 2021: $6,843,935Liabilities 2021: $3,498,298Net Assets 2021: $3,345,6372021Assets 2022: $7,075,331Liabilities 2022: $3,468,183Net Assets 2022: $3,607,1482022Assets 2023: $7,057,390Liabilities 2023: $3,555,977Net Assets 2023: $3,501,4132023Assets 2024: $13,016,529Liabilities 2024: $7,660,903Net Assets 2024: $5,355,6262024

Highlighted filing

2020

Assets$1,943,432
Liabilities$372,659
Net Assets$1,570,773

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $1,178,209Expenses 2019: $1,197,681Net Income 2019: -$19,4722019Revenue 2020: $3,352,172Expenses 2020: $1,930,729Net Income 2020: $1,421,4432020Revenue 2021: $4,685,238Expenses 2021: $2,910,374Net Income 2021: $1,774,8642021Revenue 2022: $3,840,757Expenses 2022: $3,280,115Net Income 2022: $560,6422022Revenue 2023: $4,301,806Expenses 2023: $4,384,834Net Income 2023: -$83,0282023Revenue 2024: $7,543,483Expenses 2024: $5,689,270Net Income 2024: $1,854,2132024

Highlighted filing

2020

Revenue$3,352,172
Expenses$1,930,729
Net Income$1,421,443
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$3,359,778
Mission and Program Overview

Mission

Social justice and peace through interfaith understanding and cooperation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,748$920,378▲ $918,630
Investments Other Securities-$541,237-
Pledges and Grants Receivable$78,581$412,025▲ $333,444
Cash and Non-Interest-Bearing Accounts$145,541$49,166▼ $96,375
Prepaid Expenses and Deferred Charges$700$5,531▲ $4,831
Total Assets$226,880$1,943,432▲ $1,716,552
Other Assets Total$310$15,095▲ $14,785
Liabilities
Other Liabilities$29,764$344,639▲ $314,875
Accounts Payable and Accrued Expenses$36,347$28,020▼ $8,327
Deferred Revenue$10,769--
Unsecured Notes Loans Payable$670--
Total Liabilities$77,550$372,659▲ $295,109
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$135,067$1,270,773▲ $1,135,706
Net Assets With Donor Restrictions$14,263$300,000▲ $285,737
Total Net Assets Fund Balance$149,330$1,570,773▲ $1,421,443
Total Liabilities and Net Assets / Fund Balance$226,880$1,943,432▲ $1,716,552

Asset Categories

AssetBook ValueDepreciationBasis
Land$746,131-$746,131
Buildings$141,877-$141,877
Equipment$32,370$42,425$74,795
Other Land Buildings$0$10,000$10,000
Other Securities$541,237--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew RaymentPresident
Janet CherryVice President
Carolyn CoxDirector
Catherine CarmelDirector
Karen FraserDirector
Marty MartinDirector
Mary GentryDirector
Naki StevensDirector
Nancy EastmanDirector
Mary WhartonSecretary
Ivy CharneskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,317,958
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$34,214
All Other Contributions
$852,096
Change in Net Assets
$1,421,443

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,352,172
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,352,172
Total Revenue per Form 990
$3,352,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,930,729
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
Other Expenses$1,930,729--$1,930,729
Total Functional Expenses$1,930,729$0$0$1,930,729

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,930,729
Total Expenses per Audited Statements$1,930,729
Total Expenses per Form 990$1,930,729
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,949
Fundraising Direct Expenses$7,606
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$194,700
Payroll Liabilities$136,804
Other Liabilities$13,135
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

One board member is related to a key employee.

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

Form 990 is presented to the finance committee in draft form. Committee members ask questions and review the document before presentation to the full board. After discussion in the finance committee meeting, the treasurer and executive director distribute and present the form 990 to the full board and address any questions the board may have in regard to the document.

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

The board has a "no conflict of interest" policy and engages in no transactions which present a conflict of interest, either in fact or appearance. Each board member and key employee completes a policy form each year. Per the conflicts of interest policy, any actual or potential conflict of interest must be disclosed to the board of directors in writing by the interested person (any director or principal officer who has a direct or indirect financial interest in a given transaction or arrangement).

Form 990, Part VI, Section B, Line 15A

The executive director's salary is determined by utilizing compensation data for similarly qualified persons in comparable positions at similarly situated organizations. The salary recommendation is reviewed and approved by the executive board, with no members who have a conflict of interest being involved in the process. Substantiation of the deliberation and decision are recorded at that time.

Form 990, Part VI, Section C, Line 19

Items available upon request.

Filing and Contact Details

Filer

Filer Name
Interfaith Works
EIN
91-0947698
Phone
3603577224
Address
PO BOX 1221, OLYMPIA, WA 98507

Signing Officer

Name
Meg Martin
Title
Executive Director
Phone
3603577224
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meg Martin
Formed
1974
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
89
Volunteers
0

Preparer

Firm
Lindley and Company LLC
Address
1603 116TH AVE NE SUITE 100, BELLEVUE, WA 98004
Preparer
Martha a Lindley CPA
Phone
2063320386
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03048406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01137961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04186367
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0622
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0622
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt035084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt039852
IRS990ScheduleA/OtherIncome170Grp/TotalAmt074936
IRS990ScheduleA/PublicSupportCY170Pct00.98230
IRS990ScheduleA/PublicSupportTotal170Amt04186367
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03048406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01137961
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04186367
IRS990ScheduleA/TotalSupportAmt04261925
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/BuildingsGrp/BookValueAmt0141877
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0141877
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt032370
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042425
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt074795
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01930729
IRS990ScheduleD/LandGrp/BookValueAmt0746131
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0746131
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0136804
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1194700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt213135
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0541237
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MONEY MARKET ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03352172
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0920378
IRS990ScheduleD/TotalBookValueSecuritiesAmt0541237
IRS990ScheduleD/TotalExpensesPerForm990Amt01930729
IRS990ScheduleD/TotalLiabilityAmt0344639
IRS990ScheduleD/TotalRevenuePerForm990Amt03352172
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03352172
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01930729
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONE BOARD MEMBER IS RELATED TO A KEY EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE IN DRAFT FORM. COMMITTEE MEMBERS ASK QUESTIONS AND REVIEW THE DOCUMENT BEFORE PRESENTATION TO THE FULL BOARD. AFTER DISCUSSION IN THE FINANCE COMMITTEE MEETING, THE TREASURER AND EXECUTIVE DIRECTOR DISTRIBUTE AND PRESENT THE FORM 990 TO THE FULL BOARD AND ADDRESS ANY QUESTIONS THE BOARD MAY HAVE IN REGARD TO THE DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD HAS A "NO CONFLICT OF INTEREST" POLICY AND ENGAGES IN NO TRANSACTIONS WHICH PRESENT A CONFLICT OF INTEREST, EITHER IN FACT OR APPEARANCE. EACH BOARD MEMBER AND KEY EMPLOYEE COMPLETES A POLICY FORM EACH YEAR. PER THE CONFLICTS OF INTEREST POLICY, ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST MUST BE DISCLOSED TO THE BOARD OF DIRECTORS IN WRITING BY THE INTERESTED PERSON (ANY DIRECTOR OR PRINCIPAL OFFICER WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN A GIVEN TRANSACTION OR ARRANGEMENT).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY UTILIZING COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE SALARY RECOMMENDATION IS REVIEWED AND APPROVED BY THE EXECUTIVE BOARD, WITH NO MEMBERS WHO HAVE A CONFLICT OF INTEREST BEING INVOLVED IN THE PROCESS. SUBSTANTIATION OF THE DELIBERATION AND DECISION ARE RECORDED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ITEMS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01943432
IRS990/TotalAssetsGrp/BOYAmt0226880
IRS990/TotalAssetsGrp/EOYAmt01943432
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03317958
IRS990/TotalEmployeeCnt089
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01930729
IRS990/TotalFunctionalExpensesGrp/TotalAmt01930729
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt077550
IRS990/TotalLiabilitiesEOYAmt0372659
IRS990/TotalLiabilitiesGrp/BOYAmt077550
IRS990/TotalLiabilitiesGrp/EOYAmt0372659
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0149330
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01570773
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01930729
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt030343
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03871
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03352172
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0226880
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01943432
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0670
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1221
IRS990/USAddress/CityNm0OLYMPIA
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098507
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.INTERFAITH-WORKS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MEG MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03603577224
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERFAITH WORKS
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0910947698
ReturnHeader/Filer/PhoneNum03603577224
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1221
ReturnHeader/Filer/USAddress/CityNm0OLYMPIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098507
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0912050235
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LINDLEY AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01603 116TH AVE NE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLEVUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098004
ReturnHeader/PreparerPersonGrp/PhoneNum02063320386
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARTHA A LINDLEY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X

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