Civic Intelligence

Washington State Maritime Cooperative

990 • Fiscal year 2021 • EIN 91-1688608

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 07, 2022

100 West Harrison Suite S560Seattle, WA 98119

(206) 443-3830

Siviq Scores

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

Liabilities / Assets

55th percentile

0.03x

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

2021 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

51st percentile

0.03x

Higher debt load relative to revenue than 51% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2021

Net Margin

45th percentile

9.8%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2021 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2021

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

27%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$764,570

Up $80,636 (+12%) from 2020

Net Assets

Up

$738,131

Up $74,421 (+11%) from 2020

Liabilities

Up

$26,439

Up $6,215 (+31%) from 2020

Revenue

Up

$758,168

Up $159,846 (+27%) from 2020

Expenses

Up

$683,747

Up $117,145 (+21%) from 2020

Net Income

Up

$74,421

Up $42,701 (+135%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,747,695Liabilities 2011: $18,661Net Assets 2011: $1,729,0342011Assets 2012: $1,771,705Liabilities 2012: $18,986Net Assets 2012: $1,752,7192012Assets 2013: $1,605,079Liabilities 2013: $20,119Net Assets 2013: $1,584,9602013Assets 2014: $1,145,965Liabilities 2014: $11,762Net Assets 2014: $1,134,2032014Assets 2015: $896,356Liabilities 2015: $48,695Net Assets 2015: $847,6612015Assets 2016: $729,155Liabilities 2016: $26,737Net Assets 2016: $702,4182016Assets 2017: $748,356Liabilities 2017: $13,812Net Assets 2017: $734,5442017Assets 2018: $646,187Liabilities 2018: $24,438Net Assets 2018: $621,7492018Assets 2019: $652,822Liabilities 2019: $20,832Net Assets 2019: $631,9902019Assets 2020: $683,934Liabilities 2020: $20,224Net Assets 2020: $663,7102020Assets 2021: $764,570Liabilities 2021: $26,439Net Assets 2021: $738,1312021Assets 2022: $859,587Liabilities 2022: $29,882Net Assets 2022: $829,7052022Assets 2023: $849,369Liabilities 2023: $24,530Net Assets 2023: $824,8392023Assets 2024: $874,622Liabilities 2024: $20,537Net Assets 2024: $854,0852024

Highlighted filing

2021

Assets$764,570
Liabilities$26,439
Net Assets$738,131

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,545,261Expenses 2011: $1,271,580Net Income 2011: $273,6812011Revenue 2012: $1,355,669Expenses 2012: $1,331,984Net Income 2012: $23,6852012Revenue 2013: $1,444,137Expenses 2013: $1,611,896Net Income 2013: -$167,7592013Revenue 2014: $539,600Expenses 2014: $990,357Net Income 2014: -$450,7572014Revenue 2015: $410,097Expenses 2015: $696,639Net Income 2015: -$286,5422015Revenue 2016: $500,760Expenses 2016: $646,003Net Income 2016: -$145,2432016Revenue 2017: $653,980Expenses 2017: $621,854Net Income 2017: $32,1262017Revenue 2018: $558,104Expenses 2018: $670,899Net Income 2018: -$112,7952018Revenue 2019: $628,496Expenses 2019: $618,255Net Income 2019: $10,2412019Revenue 2020: $598,322Expenses 2020: $566,602Net Income 2020: $31,7202020Revenue 2021: $758,168Expenses 2021: $683,747Net Income 2021: $74,4212021Revenue 2022: $787,614Expenses 2022: $696,040Net Income 2022: $91,5742022Revenue 2023: $1,024,368Expenses 2023: $1,029,234Net Income 2023: -$4,8662023Revenue 2024: $710,538Expenses 2024: $681,292Net Income 2024: $29,2462024

Highlighted filing

2021

Revenue$758,168
Expenses$683,747
Net Income$74,421
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 7, 2022
Return Version
2021v4.0
Gross Receipts
$758,168
Mission and Program Overview

Mission

To Provide Oil Spill Contingency Planning in accordance with applicable law to vessels entering Washington State waters and to establish an oil spill emergency response system for Member's vessels transiting Washington State waters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$663,710$738,131▲ $74,421
Cash and Non-Interest-Bearing Accounts$620,246$664,478▲ $44,232
Accounts Receivable$55,126$91,911▲ $36,785
Prepaid Expenses and Deferred Charges$7,363$7,571▲ $208
Land, Buildings, and Equipment, Net$1,199$610▼ $589
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$683,934$764,570▲ $80,636
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$20,224$26,439▲ $6,215
Total Liabilities$20,224$26,439▲ $6,215
Net Assets / Fund Balance
Total Net Assets Fund Balance$663,710$738,131▲ $74,421
Total Liabilities and Net Assets / Fund Balance$683,934$764,570▲ $80,636

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$610$19,371$19,981
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan NuttPresident
Joe BowlesDirector
John CroninDirector
Karen HaysDirector
Laurel SchoenbohmDirector
Cynthia E ReedExecutive Director
Jim PappSecretary
James MizeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Global Diving and Salvage IncOil Spill Responder3840 West Marginal Way SW, Seattle, WA 98106$188,516
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$758,168
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$74,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$514,230
Salaries, Compensation, and Employee Benefits$169,517
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$154,644--$154,644
All Other Expenses$45,798--$45,798
Other Expenses$36,548--$36,548
Payroll Taxes$14,873--$14,873
Fees for Services Accounting$12,566$1,396-$13,962
Fees for Services Legal$11,061$1,229-$12,290
Occupancy$10,800--$10,800
Insurance$9,673$1,075-$10,748
Office Expenses$5,448--$5,448
Information Technology$4,851--$4,851
Conferences and Meetings$770--$770
Travel$607--$607
Depreciation Depletion$589--$589
Advertising$293--$293
Total Functional Expenses$680,047$3,700$0$683,747
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
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
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Trustees of the organization are individuals employed or engaged in the maritime industry.

Form 990, Part VI, Line 11B: Form 990 Review Process

The financial results are reviewed by the Trustees of the organization before filing along with the related tax filings.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Board of Directors decides the compensation of the employees of the organization. They base their decision upon comparable salaries and wages paid to others in similiar organizations and the organizations desire to maintain the required level of service to the maritime industry. The current director is compensated via another organization (Marine Exchange of Puget Sound) which the board found was more cost effective.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes copies of their tax filings to the public upon request.

Filing and Contact Details

Filer

Filer Name
Washington State Maritime Cooperative
EIN
91-1688608
Phone
2064433830
Address
100 West Harrison Suite S560, Seattle, WA 98119

Signing Officer

Name
Cynthia E Reed
Title
Executive Director
Signed
2022-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia E Reed
Formed
1995
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
10

Preparer

Firm
Puget Sound Accountancy Corp PSC
Address
1604 Hewitt Avenue Ste 308, Everett, WA 98201
Preparer
Joanne M Weimer CPA
Phone
4253391203
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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/PrepaidExpensesDefrdChargesGrp/EOYAmt07571
IRS990/PrincipalOfficerNm0Cynthia E Reed
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0562000
IRS990/ProgramServiceRevenueGrp/Desc0Member assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0758168
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0758168
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0386692
IRS990/PYProgramServiceRevenueAmt0598322
IRS990/PYRevenuesLessExpensesAmt031720
IRS990/PYSalariesCompEmpBnftPaidAmt0179910
IRS990/PYTotalExpensesAmt0566602
IRS990/PYTotalRevenueAmt0598322
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt074421
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0758168
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0663710
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0738131
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0610
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019371
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019981
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0610
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Trustees of the organization are individuals employed or engaged in the maritime industry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The financial results are reviewed by the Trustees of the organization before filing along with the related tax filings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors decides the compensation of the employees of the organization. They base their decision upon comparable salaries and wages paid to others in similiar organizations and the organizations desire to maintain the required level of service to the maritime industry. The current director is compensated via another organization (Marine Exchange of Puget Sound) which the board found was more cost effective.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes copies of their tax filings to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Northwest Maritime Advisory Serv
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0911125021
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Administrative Services
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0100 West Harrison Suite 560
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Seattle
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0981194162
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0116189
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Contract Serv
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Northwest Maritime Advisory Serv
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0p
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0683934
IRS990/TotalAssetsEOYAmt0764570
IRS990/TotalAssetsGrp/BOYAmt0683934
IRS990/TotalAssetsGrp/EOYAmt0764570
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03700
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0680047
IRS990/TotalFunctionalExpensesGrp/TotalAmt0683747
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020224
IRS990/TotalLiabilitiesEOYAmt026439
IRS990/TotalLiabilitiesGrp/BOYAmt020224
IRS990/TotalLiabilitiesGrp/EOYAmt026439
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0663710
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0738131
IRS990/TotalProgramServiceExpensesAmt0680047
IRS990/TotalProgramServiceRevenueAmt0758168
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0758168
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0758168
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0683934
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0764570
IRS990/TravelGrp/ProgramServicesAmt0607
IRS990/TravelGrp/TotalAmt0607
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 West Harrison Suite S560
IRS990/USAddress/CityNm0Seattle
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd0981194162
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Cynthia E Reed
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Washington State Maritime Cooperative
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0911688608
ReturnHeader/Filer/PhoneNum02064433830
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 West Harrison Suite S560
ReturnHeader/Filer/USAddress/CityNm0Seattle
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098119
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911335934

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.02$0.85$0.71$0.68$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.02$0.82$1.02$1.03$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.03$0.83$0.79$0.70$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.03$0.74$0.76$0.68$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.02$0.66$0.60$0.57$0.03
2019Summary only. Only limited summary data is available for this year.$0.65$0.02$0.63$0.63$0.62$0.01
2018Summary only. Only limited summary data is available for this year.$0.65$0.02$0.62$0.56$0.67$0.11
2017Summary only. Only limited summary data is available for this year.$0.75$0.01$0.73$0.65$0.62$0.03
2016Summary only. Only limited summary data is available for this year.$0.73$0.03$0.70$0.50$0.65$0.15
2015Summary only. Only limited summary data is available for this year.$0.90$0.05$0.85$0.41$0.70$0.29
2014Summary only. Only limited summary data is available for this year.$1.15$0.01$1.13$0.54$0.99$0.45
2013Summary only. Only limited summary data is available for this year.$1.61$0.02$1.58$1.44$1.61$0.17
2012Summary only. Only limited summary data is available for this year.$1.77$0.02$1.75$1.36$1.33$0.02
2011Summary only. Only limited summary data is available for this year.$1.75$0.02$1.73$1.55$1.27$0.27
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)4 • $500k-$1M nonprofits