Civic Intelligence

Foundation for Private Enterprise Educat Education

990 • Fiscal year 2023 • EIN 91-1048245

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

PO Box 1170Renton, WA 98057

(253) 237-3545

Siviq Scores

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

Liabilities / Assets

64th percentile

0.07x

Higher debt load relative to assets than 64% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.10x

Higher debt load relative to revenue than 68% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

48th percentile

3.3%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$90,272

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 23.3% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

50th percentile

3.9%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

57th percentile

13%

Faster revenue growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$556,595

Up $21,143 (+3.9%) from 2022

Net Assets

Up

$516,481

Up $12,735 (+2.5%) from 2022

Liabilities

Up

$40,114

Up $8,408 (+27%) from 2022

Revenue

Up

$387,087

Up $45,303 (+13%) from 2022

Expenses

Down

$374,352

Down $3,327 (-0.9%) from 2022

Net Income

Up

$12,735

Up $48,630 (+135%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $616,490Liabilities 2011: $413,788Net Assets 2011: $202,7022011Assets 2012: $584,069Liabilities 2012: $313,185Net Assets 2012: $270,8842012Assets 2013: $574,551Liabilities 2013: $317,436Net Assets 2013: $257,1152013Assets 2014: $505,406Liabilities 2014: $221,939Net Assets 2014: $283,4672014Assets 2015: $417,184Liabilities 2015: $255,650Net Assets 2015: $161,5342015Assets 2016: $318,956Liabilities 2016: $24,857Net Assets 2016: $294,0992016Assets 2017: $419,580Liabilities 2017: $25,681Net Assets 2017: $393,8992017Assets 2018: $546,435Liabilities 2018: $55,421Net Assets 2018: $491,0142018Assets 2019: $673,950Liabilities 2019: $30,684Net Assets 2019: $643,2662019Assets 2020: $533,583Liabilities 2020: $14,719Net Assets 2020: $518,8642020Assets 2021: $551,873Liabilities 2021: $12,232Net Assets 2021: $539,6412021Assets 2022: $535,452Liabilities 2022: $31,706Net Assets 2022: $503,7462022Assets 2023: $556,595Liabilities 2023: $40,114Net Assets 2023: $516,4812023Assets 2024: $434,909Liabilities 2024: $34,229Net Assets 2024: $400,6802024

Highlighted filing

2023

Assets$556,595
Liabilities$40,114
Net Assets$516,481

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,255,5792011Expenses 2012: $1,243,8082012Expenses 2013: $1,322,2152013Revenue 2014: $1,320,384Expenses 2014: $1,294,032Net Income 2014: $26,3522014Revenue 2015: $1,290,198Expenses 2015: $1,412,131Net Income 2015: -$121,9332015Revenue 2016: $1,097,803Expenses 2016: $1,085,341Net Income 2016: $12,4622016Revenue 2017: $844,620Expenses 2017: $744,820Net Income 2017: $99,8002017Revenue 2018: $608,761Expenses 2018: $511,646Net Income 2018: $97,1152018Revenue 2019: $756,325Expenses 2019: $604,073Net Income 2019: $152,2522019Revenue 2020: $265,351Expenses 2020: $389,753Net Income 2020: -$124,4022020Revenue 2021: $350,515Expenses 2021: $329,738Net Income 2021: $20,7772021Revenue 2022: $341,784Expenses 2022: $377,679Net Income 2022: -$35,8952022Revenue 2023: $387,087Expenses 2023: $374,352Net Income 2023: $12,7352023Revenue 2024: $420,654Expenses 2024: $536,455Net Income 2024: -$115,8012024

Highlighted filing

2023

Revenue$387,087
Expenses$374,352
Net Income$12,735
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$387,087
Mission and Program Overview

Mission

Washington business week helps people realize their potential by creating an experience in which students, business leaders and educators partner to teach and inspire one another to be responsible employees, employers and citizens.

Washington business week teaches high school students career skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$374,198$386,957▲ $12,759
Savings and Temporary Cash Investments$151,059$151,210▲ $151
Accounts Receivable$7,500$12,917▲ $5,417
Prepaid Expenses and Deferred Charges-$5,000-
Land, Buildings, and Equipment, Net$2,695$511▼ $2,184
Total Assets$535,452$556,595▲ $21,143
Liabilities
Accounts Payable and Accrued Expenses$31,706$40,114▲ $8,408
Total Liabilities$31,706$40,114▲ $8,408
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$503,746$516,481▲ $12,735
Total Net Assets Fund Balance$503,746$516,481▲ $12,735
Total Liabilities and Net Assets / Fund Balance$535,452$556,595▲ $21,143

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$511$15,777$16,288
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gena L PostExecutive DirectorFT$80,000$10,272$90,272

Board Members and Trustees

NameTitle
Ian FarrellPresident
Alyssa NorwoodBoard Member
Brittanya BryantBoard Member
Dr Jeff Wolff-geeBoard Member
Jeff MallulaBoard Member
Jessica MolenaarBoard Member
Michaela WesselmanBoard Member
Prithvi AddepalliBoard Member
Raegan BerryBoard Member
Thomas GillBoard Member
Denise MitchellSecretary
Fred FooseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$225,701
Program Service Revenue
$160,867
Investment Income
$519
Other Revenue
$0
All Other Contributions
$225,701
Change in Net Assets
$12,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$209,065
Salaries, Compensation, and Employee Benefits$165,287
Total Fundraising Expense$29,164
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$65,650$10,054$14,568$90,272
Other Salaries and Wages$29,060$5,420$7,520$42,000
Fees for Services Other$25,441--$25,441
Other Employee Benefits$17,016$1,361$2,400$20,777
Fees for Services Management$8,560$7,133-$15,693
Office Expenses$13,889$366$366$14,621
Payroll Taxes$8,934$1,346$1,958$12,238
Fees for Services Accounting-$7,995-$7,995
Information Technology$7,139$188$188$7,515
Travel$4,365$243$243$4,851
Advertising$2,381-$1,587$3,968
Insurance$3,230$570-$3,800
Depreciation Depletion$2,184--$2,184
Occupancy$1,526$230$334$2,090
Other Expenses$1,874$1,397-$1,874
Conferences and Meetings$244$81-$325
Total Functional Expenses$308,804$36,384$29,164$374,352
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
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
Yes
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 B, Line 11B

The board of directors reviews a copy of the 990 for accuracy to ensure all information is being communicated correctly. If all information is correct, the board will approve the 990 to be filed with the irs.

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

Required to sign a form each year that the policy is reviewed.

Form 990, Part VI, Section B, Line 15

The organization received a salary report from united way.

Form 990, Part VI, Section C, Line 19

The organization allows access to its financial records upon request.

Filing and Contact Details

Filer

Filer Name
Foundation for Private Enterprise
EIN
91-1048245
Phone
2532373545
Address
PO BOX 1170, RENTON, WA 98057
Doing Business As
Washington Business Week

Signing Officer

Name
Nick Quinlan
Title
Executive Director
Phone
2532373545
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nick Quinlan
Formed
1976
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
109

Preparer

Firm
Brantley Janson
Address
909 SOUTH 336TH STREET - SUITE 201, FEDERAL WAY, WA 98003
Preparer
Michael Gintz CPA
Phone
2538383484
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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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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01397
IRS990/OtherExpensesGrp/ProgramServicesAmt0114051
IRS990/OtherExpensesGrp/ProgramServicesAmt13260
IRS990/OtherExpensesGrp/ProgramServicesAmt21874
IRS990/OtherExpensesGrp/TotalAmt0114051
IRS990/OtherExpensesGrp/TotalAmt14657
IRS990/OtherExpensesGrp/TotalAmt21874
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07520
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05420
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt029060
IRS990/OtherSalariesAndWagesGrp/TotalAmt042000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01958
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01346
IRS990/PayrollTaxesGrp/ProgramServicesAmt08934
IRS990/PayrollTaxesGrp/TotalAmt012238
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05000
IRS990/PrincipalOfficerNm0NICK QUINLAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT TUITION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0160867
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0160867
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0268332
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0189
IRS990/PYOtherExpensesAmt0133143
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt073263
IRS990/PYRevenuesLessExpensesAmt0-35895
IRS990/PYSalariesCompEmpBnftPaidAmt0244536
IRS990/PYTotalExpensesAmt0377679
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0341784
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt012735
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0160867
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0151059
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0151210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0225701
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0268521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0276177
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0256381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0511121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01537901
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0519
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0189
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0151
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0387
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0698
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01944
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0563783
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56720
IRS990ScheduleA/PublicSupportPY170Pct00.58500
IRS990ScheduleA/PublicSupportTotal170Amt0873371
IRS990ScheduleA/SubstantialContributorsTotAmt0664530
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0225701
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0268521
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0276177
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0256381
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0511121
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01537901
IRS990ScheduleA/TotalSupportAmt01539845
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/EquipmentGrp/BookValueAmt0511
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015777
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016288
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0511
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS A COPY OF THE 990 FOR ACCURACY TO ENSURE ALL INFORMATION IS BEING COMMUNICATED CORRECTLY. IF ALL INFORMATION IS CORRECT, THE BOARD WILL APPROVE THE 990 TO BE FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REQUIRED TO SIGN A FORM EACH YEAR THAT THE POLICY IS REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVED A SALARY REPORT FROM UNITED WAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION ALLOWS ACCESS TO ITS FINANCIAL RECORDS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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
IRS990/TotalAssetsBOYAmt0535452
IRS990/TotalAssetsEOYAmt0556595
IRS990/TotalAssetsGrp/BOYAmt0535452
IRS990/TotalAssetsGrp/EOYAmt0556595
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0225701
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029164
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036384
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0308804
IRS990/TotalFunctionalExpensesGrp/TotalAmt0374352
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031706
IRS990/TotalLiabilitiesEOYAmt040114
IRS990/TotalLiabilitiesGrp/BOYAmt031706
IRS990/TotalLiabilitiesGrp/EOYAmt040114
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0503746
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0516481
IRS990/TotalOtherCompensationAmt010272
IRS990/TotalProgramServiceExpensesAmt0308804
IRS990/TotalProgramServiceRevenueAmt0160867
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/ExclusionAmt0519
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0160867
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0387087
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0109
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0535452
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0556595
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0243
IRS990/TravelGrp/ManagementAndGeneralAmt0243
IRS990/TravelGrp/ProgramServicesAmt04365
IRS990/TravelGrp/TotalAmt04851
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1170
IRS990/USAddress/CityNm0RENTON

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.43$0.03$0.40$0.42$0.54$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.04$0.52$0.39$0.37$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.03$0.50$0.34$0.38$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.01$0.54$0.35$0.33$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.53$0.01$0.52$0.27$0.39$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.03$0.64$0.76$0.60$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.06$0.49$0.61$0.51$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.03$0.39$0.84$0.74$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.02$0.29$1.10$1.09$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.26$0.16$1.29$1.41$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.22$0.28$1.32$1.29$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.32$0.26$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.31$0.27$1.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.41$0.20$1.26