Civic Intelligence

Innovate Washington Foundation

990 • Fiscal year 2017 • EIN 91-1726442

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 21, 2018

Organization ProfileWWW.INNOVATEWASHINGTON.ORG

View Organization Page

714 N Iron Bridge Way No 203Spokane, WA 99202-4929

(800) 436-8504

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.01x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

10.26x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

3rd percentile

-103%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$115,195

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

25th percentile

-2.2%

Faster asset growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-28%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$6,984,621

Down $156,202 (-2.2%) from 2016

Net Assets

Down

-$47,567

Down $708,989 (-107%) from 2016

Liabilities

Up

$7,032,188

Up $552,787 (+8.5%) from 2016

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin3rd percentile

Revenue

Down

$685,174

Down $263,774 (-28%) from 2016

Expenses

Down

$1,394,163

Down $154,887 (-10.0%) from 2016

Net Income

Down

-$708,989

Down $108,887 (-18%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $7,832,171Liabilities 2010: $3,765,134Net Assets 2010: $4,067,0372010Assets 2011: $8,894,060Liabilities 2011: $4,418,998Net Assets 2011: $4,475,0622011Assets 2012: $8,934,017Liabilities 2012: $7,312,916Net Assets 2012: $1,621,1012012Assets 2013: $8,883,050Liabilities 2013: $6,928,947Net Assets 2013: $1,954,1032013Assets 2014: $8,286,601Liabilities 2014: $6,678,137Net Assets 2014: $1,608,4642014Assets 2015: $7,484,772Liabilities 2015: $6,223,248Net Assets 2015: $1,261,5242015Assets 2016: $7,140,823Liabilities 2016: $6,479,401Net Assets 2016: $661,4222016Assets 2017: $6,984,621Liabilities 2017: $7,032,188Net Assets 2017: -$47,5672017Assets 2018: $6,874,165Liabilities 2018: $7,556,288Net Assets 2018: -$682,1232018Assets 2019: $6,754,258Liabilities 2019: $7,687,007Net Assets 2019: -$932,7492019Assets 2020: $7,805,372Liabilities 2020: $8,019,299Net Assets 2020: -$213,9272020Assets 2021: $8,077,613Liabilities 2021: $8,433,771Net Assets 2021: -$356,1582021Assets 2022: $8,489,904Liabilities 2022: $8,738,740Net Assets 2022: -$248,8362022Assets 2023: $8,526,138Liabilities 2023: $9,154,751Net Assets 2023: -$628,6132023Assets 2024: $8,589,866Liabilities 2024: $9,353,600Net Assets 2024: -$763,7342024

Highlighted filing

2017

Assets$6,984,621
Liabilities$7,032,188
Net Assets-$47,567
Open 2017 Filing

Operations Trend

Revenue Growth9th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $733,8852010Revenue 2011: $1,478,978Expenses 2011: $1,082,320Net Income 2011: $396,6582011Expenses 2012: $3,337,3362012Revenue 2013: $3,219,099Expenses 2013: $2,886,097Net Income 2013: $333,0022013Revenue 2014: $2,101,634Expenses 2014: $2,447,273Net Income 2014: -$345,6392014Revenue 2015: $1,896,687Expenses 2015: $2,243,627Net Income 2015: -$346,9402015Revenue 2016: $948,948Expenses 2016: $1,549,050Net Income 2016: -$600,1022016Revenue 2017: $685,174Expenses 2017: $1,394,163Net Income 2017: -$708,9892017Revenue 2018: $713,902Expenses 2018: $1,348,458Net Income 2018: -$634,5562018Revenue 2019: $660,002Expenses 2019: $886,359Net Income 2019: -$226,3572019Revenue 2020: $1,911,500Expenses 2020: $1,020,285Net Income 2020: $891,2152020Revenue 2021: $1,117,596Expenses 2021: $1,259,827Net Income 2021: -$142,2312021Revenue 2022: $1,197,636Expenses 2022: $1,090,314Net Income 2022: $107,3222022Revenue 2023: $814,164Expenses 2023: $1,136,223Net Income 2023: -$322,0592023Revenue 2024: $944,051Expenses 2024: $1,079,172Net Income 2024: -$135,1212024

Highlighted filing

2017

Revenue$685,174
Expenses$1,394,163
Net Income-$708,989
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 21, 2018
Return Version
2017v2.3
Gross Receipts
$685,174
Mission and Program Overview

Mission

Innovate Washington Foundation collaborates, convenes and connects innovators and researchers with entrepreneurial and financial capital needs to produce world-class companies and high-value jobs that will form the backbone of the region's future economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,206,428$5,051,940▼ $154,488
Other Notes and Loans Receivable, Net$1,409,699$1,423,928▲ $14,229
Savings and Temporary Cash Investments$301,991$302,414▲ $423
Cash and Non-Interest-Bearing Accounts$170,223$176,980▲ $6,757
Prepaid Expenses and Deferred Charges$25,763$16,334▼ $9,429
Pledges and Grants Receivable$22,843$9,149▼ $13,694
Investments Other Securities$3,876$3,876→ $0
Total Assets$7,140,823$6,984,621▼ $156,202
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,270,894$3,868,321▲ $597,427
Tax Exempt Bond Liabilities$3,000,000$3,000,000→ $0
Deferred Revenue$123,367$88,140▼ $35,227
Accounts Payable and Accrued Expenses$85,140$75,727▼ $9,413
Total Liabilities$6,479,401$7,032,188▲ $552,787
Net Assets / Fund Balance
Unrestricted Net Assets$661,422$-47,567▼ $708,989
Total Net Assets Fund Balance$661,422$-47,567▼ $708,989
Total Liabilities and Net Assets / Fund Balance$7,140,823$6,984,621▼ $156,202

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,209,104$1,752,197$5,961,301
Land$842,836-$842,836
Equipment$0$59,034$59,034
Leasehold Improvements$0$11,973$11,973
Other Land Buildings$0$4,847$4,847
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John OverbyProgram ManagerFT$107,659$7,536$115,195
C William SavitzCEOFT$88,864$10,270$99,134
Jeff WhiteCFOPT$80,467$7,454$87,921

Board Members and Trustees

NameTitle
Brandon TannerChairman
Lisa BrownVice-chair
John KupiceDirector
Lewis LeeDirector
Lisa ShafferDirector
Jon EliassenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$155,749
Program Service Revenue
$528,687
Investment Income
$657
Other Revenue
$81
All Other Contributions
$8,000
Change in Net Assets
$-708,989

Audited Revenue Reconciliation

Revenue per Audited Statements
$685,174
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,900
Total Revenue per Audited Statements
$690,074
Total Revenue per Form 990
$685,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$802,907
Other Expenses$591,256
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$277,309$180,398-$457,707
Current Officers, Directors, Trustees, and Key Employees$112,610$74,445-$187,055
Depreciation Depletion$158,273--$158,273
Interest$106,050$18,619-$124,669
Other Employee Benefits$45,028$34,633-$79,661
Occupancy$2,682$52,125-$54,807
Payroll Taxes$30,278$23,289-$53,567
Travel$29,421$323-$29,744
Fees for Services Other$12,954$16,235-$29,189
Fees for Services Accounting$22,702$5,469-$28,171
Pension Plan Contributions$14,084$10,833-$24,917
Office Expenses$5,038$18,828-$23,866
Insurance$19,154$3,363-$22,517
Conferences and Meetings$13,486$25-$13,511
Information Technology$5,381$6,744-$12,125
Other Expenses$637$112-$749
Advertising-$42-$42
Total Functional Expenses$916,421$477,742$0$1,394,163

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,399,063
Expenses per Audited Statements$1,394,163
Total Expenses per Form 990$1,394,163
Expenses Not Reported on Form 990$4,900
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AWashington Economic Development Finance Authority2010-04-07$3,785,000To refinance the costs of economic development facilities in spokane, wa.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,785,000-$785,000-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
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

“All board members are notified of its completion and have the opportunity to review prior to submission.”

Form 990, Part VI, Section B, Line 15

“Subject to board review and approval.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Innovate Washington Foundation
EIN
91-1726442
Phone
8004368504
Address
714 N IRON BRIDGE WAY NO 203, SPOKANE, WA 99202-4929

Signing Officer

Name
C William Savitz
Title
CEO
Phone
8004368504
Signed
2018-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
C William Savitz
Formed
1996
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
6
Employees
7
Volunteers
33

Preparer

Firm
PETERSON SULLIVAN LLP CPA'S
Address
601 UNION ST STE 2300, SEATTLE, WA 98101-2345
Preparer
Ray Holmdahl
Phone
2063827777
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt034633
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt045028
IRS990/OtherEmployeeBenefitsGrp/TotalAmt079661
IRS990/OtherExpensesGrp/Desc0TAXES
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010417
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118597
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23245
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3112
IRS990/OtherExpensesGrp/ProgramServicesAmt059335
IRS990/OtherExpensesGrp/ProgramServicesAmt1182
IRS990/OtherExpensesGrp/ProgramServicesAmt21817
IRS990/OtherExpensesGrp/ProgramServicesAmt3637
IRS990/OtherExpensesGrp/TotalAmt069752
IRS990/OtherExpensesGrp/TotalAmt118779
IRS990/OtherExpensesGrp/TotalAmt25062
IRS990/OtherExpensesGrp/TotalAmt3749
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REFUNDS AND REIMBURSEM
IRS990/OtherRevenueMiscGrp/ExclusionAmt081
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt081
IRS990/OtherRevenueTotalAmt081
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0180398
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0277309
IRS990/OtherSalariesAndWagesGrp/TotalAmt0457707
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01409699
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01423928
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023289
IRS990/PayrollTaxesGrp/ProgramServicesAmt030278
IRS990/PayrollTaxesGrp/TotalAmt053567
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010833
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014084
IRS990/PensionPlanContributionsGrp/TotalAmt024917
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt022843
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09149
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025763
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016334
IRS990/PrincipalOfficerNm0C WILLIAM SAVITZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/Desc0BUILDING LEASE
IRS990/ProgramServiceRevenueGrp/Desc1INTEREST ON TECHNOLOGY
IRS990/ProgramServiceRevenueGrp/Desc2ACCELERATOR CLASSES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0387752
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1121335
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0387752
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1121335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219600
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0437583
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0796
IRS990/PYOtherExpensesAmt0686645
IRS990/PYOtherRevenueAmt0450
IRS990/PYProgramServiceRevenueAmt0510119
IRS990/PYRevenuesLessExpensesAmt0-600102
IRS990/PYSalariesCompEmpBnftPaidAmt0862405
IRS990/PYTotalExpensesAmt01549050
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0948948
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-708989
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0528687
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0301991
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0302414
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0155749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0437583
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01455628
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01685931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02760267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06495158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0657
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02297
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03599
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02541
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09890
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02325837
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt081
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0450
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt019176
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0950
IRS990ScheduleA/OtherIncome170Grp/TotalAmt020657
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95070
IRS990ScheduleA/PublicSupportPY170Pct00.97290
IRS990ScheduleA/PublicSupportTotal170Amt06204186
IRS990ScheduleA/SubstantialContributorsTotAmt0290972
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0155749
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0437583
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01455628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01685931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02760267
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06495158
IRS990ScheduleA/TotalSupportAmt06525705
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04209104
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01752197
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05961301
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt04900
IRS990ScheduleD/DonatedServicesUseFcltsAmt04900
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059034
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059034
IRS990ScheduleD/ExpensesNotReportedAmt04900
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01394163
IRS990ScheduleD/LandGrp/BookValueAmt0842836
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0842836
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011973
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011973
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04847
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04847
IRS990ScheduleD/RevenueNotReportedAmt04900
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0685174
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05051940
IRS990ScheduleD/TotalExpensesPerForm990Amt01394163
IRS990ScheduleD/TotalRevenuePerForm990Amt0685174
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0690074
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01399063
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02010-04-07
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0911493002
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0000000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt03785000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0WASHINGTON ECONOMIC DEVELOPMENT FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO REFINANCE THE COSTS OF ECONOMIC DEVELOPMENT FACILITIES IN SPOKANE, WA.
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,984,621
Liabilities
$7,032,188
Net assets
-$47,567
Revenue
$685,174
Expenses
$1,394,163
Net income
-$708,989
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.59$9.35$0.76$0.94$1.08$0.14
2023Detailed filing. Detailed filing data is available for this year.$8.53$9.15$0.63$0.81$1.14$0.32
2022Detailed filing. Detailed filing data is available for this year.$8.49$8.74$0.25$1.20$1.09$0.11
2021Detailed filing. Detailed filing data is available for this year.$8.08$8.43$0.36$1.12$1.26$0.14
2020Detailed filing. Detailed filing data is available for this year.$7.81$8.02$0.21$1.91$1.02$0.89
2019Detailed filing. Detailed filing data is available for this year.$6.75$7.69$0.93$0.66$0.89$0.23
2018Detailed filing. Detailed filing data is available for this year.$6.87$7.56$0.68$0.71$1.35$0.63
2017Detailed filing. Detailed filing data is available for this year.$6.98$7.03$0.05$0.69$1.39$0.71
2016Detailed filing. Detailed filing data is available for this year.$7.14$6.48$0.66$0.95$1.55$0.60
2015Detailed filing. Detailed filing data is available for this year.$7.48$6.22$1.26$1.90$2.24$0.35
2014Detailed filing. Detailed filing data is available for this year.$8.29$6.68$1.61$2.10$2.45$0.35
2013Detailed filing. Detailed filing data is available for this year.$8.88$6.93$1.95$3.22$2.89$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.93$7.31$1.62$3.34
2011Summary only. Only limited summary data is available for this year.$8.89$4.42$4.48$1.48$1.08$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.83$3.77$4.07$0.73