Civic Intelligence

Northaven Foundation

990 • Fiscal year 2017 • EIN 91-1608759

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 03, 2018

11045 8th Ave NESeattle, WA 98125

(206) 365-3020

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

94%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $651,645 (-100%) from 2016

Net Assets

Down

$0

Down $201,645 (-100%) from 2016

Liabilities

Down

$0

Down $450,000 (-100%) from 2016

Revenue

Up

$285,090

Up $138,385 (+94%) from 2016

Expenses

Up

$213,965

Up $6,619 (+3.2%) from 2016

Net Income

Up

$71,125

Up $131,766 (+217%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $770,173Liabilities 2010: $4,690Net Assets 2010: $765,4832010Assets 2011: $698,346Liabilities 2011: $22,817Net Assets 2011: $675,5292011Assets 2012: $596,454Liabilities 2012: $0Net Assets 2012: $596,4542012Assets 2013: $440,156Liabilities 2013: $5,004Net Assets 2013: $435,1522013Assets 2014: $773,265Liabilities 2014: $470,565Net Assets 2014: $302,7002014Assets 2015: $705,603Liabilities 2015: $450,150Net Assets 2015: $255,4532015Assets 2016: $651,645Liabilities 2016: $450,000Net Assets 2016: $201,6452016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2010: $190,6822010Expenses 2011: $233,1652011Expenses 2012: $270,2602012Revenue 2013: $138,898Expenses 2013: $350,533Net Income 2013: -$211,6352013Revenue 2014: $182,811Expenses 2014: $313,405Net Income 2014: -$130,5942014Revenue 2015: $140,248Expenses 2015: $179,876Net Income 2015: -$39,6282015Revenue 2016: $146,705Expenses 2016: $207,346Net Income 2016: -$60,6412016Revenue 2017: $285,090Expenses 2017: $213,965Net Income 2017: $71,1252017

Highlighted filing

2017

Revenue$285,090
Expenses$213,965
Net Income$71,125
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 3, 2018
Return Version
2017v2.3
Gross Receipts
$293,772
Mission and Program Overview

Mission

Northaven foundation serves northaven through philanthropic and stewardship endeavors to ensure affordable housing and needed services for older adults in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$450,000$0▼ $450,000
Loans From Officers Directors$450,000--
Investments in Publicly Traded Securities$180,179$0▼ $180,179
Prepaid Expenses and Deferred Charges$17,486$0▼ $17,486
Cash and Non-Interest-Bearing Accounts$3,479$0▼ $3,479
Land, Buildings, and Equipment, Net$501$0▼ $501
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$651,645$0▼ $651,645
Other Assets Total-$0-
Liabilities
Total Liabilities$450,000$0▼ $450,000
Net Assets / Fund Balance
Permanently Rstr Net Assets$300,000$0▼ $300,000
Unrestricted Net Assets$-98,355$0▲ $98,355
Total Net Assets Fund Balance$201,645$0▼ $201,645
Total Liabilities and Net Assets / Fund Balance$651,645$0▼ $651,645
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jana HelmuthChairman
Darlene StortiMember
Jerrod VinsonMember
Sarah FisherMember
Luke HillierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$289,580
Program Service Revenue
$0
Investment Income
$4,192
Other Revenue
$-8,682
All Other Contributions
$229,575
Change in Net Assets
$71,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$155,493
Salaries, Compensation, and Employee Benefits$36,925
Other Expenses$21,547
Total Fundraising Expense$3,264
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$155,493--$155,493
Other Salaries and Wages-$26,075-$26,075
Fees for Services Legal-$6,875-$6,875
Other Employee Benefits-$6,122-$6,122
Payroll Taxes-$3,271-$3,271
Insurance-$2,832-$2,832
Fees for Service Investment Mgmnt Fees-$1,776-$1,776
Conferences and Meetings-$1,709-$1,709
Fees for Services Accounting-$1,475-$1,475
Pension Plan Contributions-$1,457-$1,457
Office Expenses-$1,146-$1,146
Advertising-$328$328$656
Other Expenses-$398$607$607
Depreciation Depletion-$468-$468
Information Technology-$59-$59
Total Functional Expenses$155,493$55,208$3,264$213,965
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northaven IiSeattle, WA501(c)(3)Rental Assistance and Strategic Development Assistance$155,493
Northaven ISeattle, WA501(c)(3)Resident Services-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,682
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summit Event$60,005-$7,007-
Total Events$60,005-$8,682$-8,682
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$450,000--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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

Officers review 990 before final submission.

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

Current policies are reviewed annually with all board members.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Northaven Foundation
EIN
91-1608759
Phone
2063653020
Address
11045 8TH AVE NE, SEATTLE, WA 98125

Signing Officer

Name
Jana Helmuth
Title
Chair
Phone
2063653020
Signed
2018-10-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jana Helmuth
Formed
1994
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
9

Preparer

Firm
Mcgoorty Eisenman Inc Ps
Address
10410 - 19TH AVE SE STE 102, EVERETT, WA 98208
Preparer
Josanne Eisenman CPA
Phone
4253853483
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transferred to northaven development fund -295,442.

Raw XML AppendixShowing 400 of 530 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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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTHAVEN II
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NORTHAVEN I
IRS990ScheduleI/RecipientTable/RecipientEIN0911264261
IRS990ScheduleI/RecipientTable/RecipientEIN1910877707
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt011045 8TH AVE NE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt111045 8TH AVE NE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098125
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd198125
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0ACTUAL
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1ACTUAL
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SUPPORTS ACTIVITIES OF NORTHAVEN APARTMENTS I AND II.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PREDEVELOPMENT LOAN FOR HOUSING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PREDEVELOPMENT LOAN FOR HOUSING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2PREDEVELOPMENT LOAN FOR HOUSING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3PREDEVELOPMENT LOAN FOR HOUSING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4PREDEVELOPMENT LOAN FOR HOUSING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5PREDEVELOPMENT LOAN FOR HOUSING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt025000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt150000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt3100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt4200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt525000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0THERESA PELOSO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1OLIVE WHITE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2FRED UTTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3JANA HELMUTH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4ROGER EDMARK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5JOANN SHOEMAKER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH IN BANK, OFFICE EQUIPMENT AND FURNISHINGS, INVESTMENTS, AND LOANS WERE TRANSFERRED.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0NORTHAVEN DEVELOPMENT FUND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0911264261
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0280358
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BANK AND BROKER STATEMENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt011045 8TH AVE NE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0SEATTLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0WA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd098125
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: WILLIAM DORN WILL BE AN EMPLOYEE OF THE TRANSFEREE ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS REVIEW 990 BEFORE FINAL SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CURRENT POLICIES ARE REVIEWED ANNUALLY WITH ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRANSFERRED TO NORTHAVEN DEVELOPMENT FUND -295,442.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORTHAVEN I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NORTHAVEN II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2NORTHAVEN III
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0910877707
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1911264261
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2472472427
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)

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