Civic Intelligence

Washington Policy Center

990 • Fiscal year 2016 • EIN 91-1752769

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

PO Box 3643Seattle, WA 98124

(206) 937-9691

Siviq Scores

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

Liabilities / Assets

61st percentile

0.19x

Higher debt load relative to assets than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.24x

Higher debt load relative to revenue than 65% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

68th percentile

9.4%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$190,899

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

71st percentile

9.3%

Faster asset growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

44th percentile

0.7%

Faster revenue growth than 44% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,103,452

Up $263,796 (+9.3%) from 2015

Net Assets

Up

$2,518,912

Up $307,588 (+14%) from 2015

Liabilities

Down

$584,540

Down $43,792 (-7.0%) from 2015

Revenue

Up

$2,465,447

Up $16,641 (+0.7%) from 2015

Expenses

Down

$2,233,003

Down $16,161 (-0.7%) from 2015

Net Income

Up

$232,444

Up $32,802 (+16%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,244,914Liabilities 2010: $41,572Net Assets 2010: $2,203,3422010Assets 2011: $1,883,402Liabilities 2011: $72,885Net Assets 2011: $1,810,5172011Assets 2012: $2,094,122Liabilities 2012: $269,882Net Assets 2012: $1,824,2402012Assets 2013: $2,428,993Liabilities 2013: $376,064Net Assets 2013: $2,052,9292013Assets 2014: $2,442,144Liabilities 2014: $352,100Net Assets 2014: $2,090,0442014Assets 2015: $2,839,656Liabilities 2015: $628,332Net Assets 2015: $2,211,3242015Assets 2016: $3,103,452Liabilities 2016: $584,540Net Assets 2016: $2,518,9122016Assets 2017: $3,500,556Liabilities 2017: $516,158Net Assets 2017: $2,984,3982017Assets 2018: $3,894,641Liabilities 2018: $849,487Net Assets 2018: $3,045,1542018Assets 2019: $4,520,543Liabilities 2019: $142,783Net Assets 2019: $4,377,7602019Assets 2020: $4,849,516Liabilities 2020: $121,362Net Assets 2020: $4,728,1542020Assets 2021: $6,351,425Liabilities 2021: $135,428Net Assets 2021: $6,215,9972021Assets 2022: $5,905,562Liabilities 2022: $177,491Net Assets 2022: $5,728,0712022Assets 2023: $5,082,907Liabilities 2023: $765,374Net Assets 2023: $4,317,5332023Assets 2024: $8,307,874Liabilities 2024: $821,062Net Assets 2024: $7,486,8122024

Highlighted filing

2016

Assets$3,103,452
Liabilities$584,540
Net Assets$2,518,912

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2010: $1,500,932Expenses 2010: $1,889,632Net Income 2010: -$388,7002010Revenue 2011: $1,513,481Expenses 2011: $1,860,653Net Income 2011: -$347,1722011Revenue 2012: $1,896,078Expenses 2012: $1,848,803Net Income 2012: $47,2752012Revenue 2013: $1,976,580Expenses 2013: $1,884,072Net Income 2013: $92,5082013Revenue 2014: $1,941,178Expenses 2014: $1,934,552Net Income 2014: $6,6262014Revenue 2015: $2,448,806Expenses 2015: $2,249,164Net Income 2015: $199,6422015Revenue 2016: $2,465,447Expenses 2016: $2,233,003Net Income 2016: $232,4442016Revenue 2017: $2,988,079Expenses 2017: $2,628,708Net Income 2017: $359,3712017Revenue 2018: $3,336,902Expenses 2018: $3,080,212Net Income 2018: $256,6902018Revenue 2019: $3,747,197Expenses 2019: $3,361,279Net Income 2019: $385,9182019Revenue 2020: $3,792,912Expenses 2020: $3,624,998Net Income 2020: $167,9142020Revenue 2021: $4,652,267Expenses 2021: $3,445,876Net Income 2021: $1,206,3912021Revenue 2022: $3,772,290Expenses 2022: $3,765,026Net Income 2022: $7,2642022Revenue 2023: $2,675,840Expenses 2023: $4,253,897Net Income 2023: -$1,578,0572023Revenue 2024: $7,162,893Expenses 2024: $3,918,776Net Income 2024: $3,244,1172024

Highlighted filing

2016

Revenue$2,465,447
Expenses$2,233,003
Net Income$232,444
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$3,032,020
Mission and Program Overview

Mission

To promote public policy solutions on the state and local level through research and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,211,784$1,332,881▲ $121,097
Pledges and Grants Receivable$1,193,764$1,188,493▼ $5,271
Cash and Non-Interest-Bearing Accounts$373,182$504,402▲ $131,220
Land, Buildings, and Equipment, Net$36,543$37,245▲ $702
Prepaid Expenses and Deferred Charges$7,722$22,729▲ $15,007
Savings and Temporary Cash Investments$10,851$11,022▲ $171
Accounts Receivable$3,754$5,000▲ $1,246
Inventories for Sale or Use$2,056$1,680▼ $376
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$2,839,656$3,103,452▲ $263,796
Other Assets Total-$0-
Liabilities
Deferred Revenue$577,000$524,700▼ $52,300
Accounts Payable and Accrued Expenses$51,332$59,840▲ $8,508
Total Liabilities$628,332$584,540▼ $43,792
Net Assets / Fund Balance
Unrestricted Net Assets$2,030,661$2,338,401▲ $307,740
Temporarily Rstr Net Assets$105,252$105,000▼ $252
Permanently Rstr Net Assets$75,411$75,511▲ $100
Total Net Assets Fund Balance$2,211,324$2,518,912▲ $307,588
Total Liabilities and Net Assets / Fund Balance$2,839,656$3,103,452▲ $263,796

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,245$137,734$174,979

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$926,368$100,100-$183,252$838,216
2015$999,115$127,676-$195,423$926,368
2014$955,081$140,574-$91,540$999,115
2013$861,852$189,089-$90,860$955,081
2012$882,862--$21,010$861,852
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel Mead SmithPresidentFT$172,500$18,399$190,899
Paul GuppyVice PresidentFT$135,500$19,776$155,276

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,684,154
Program Service Revenue
$107,313
Investment Income
$44,961
Other Revenue
$-370,981
All Other Contributions
$1,696,335
Change in Net Assets
$232,444

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$31,966-
Other Non Cash Contri Table114$19,448Fair Market Value (FMV)
Food Inventory3$2,918Fair Market Value (FMV)
Total Noncash Contributions120$54,332-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,265,472
Other Expenses$952,531
Total Fundraising Expense$355,613
Grants and Similar Amounts Paid$15,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$585,398$72,597$140,591$798,586
Current Officers, Directors, Trustees, and Key Employees$249,930$35,748$54,487$340,165
Fees for Services Other$221,802--$221,802
Occupancy$86,605$10,826$10,826$108,257
Payroll Taxes$67,526$7,512$14,180$89,218
Travel$37,630-$9,408$47,038
All Other Expenses$19,291$7,232$17,838$44,361
Other Employee Benefits$7,134$9,369$21,000$37,503
Other Expenses$19,040$1,634$1,634$22,308
Grants to Domestic Individuals$15,000--$15,000
Depreciation Depletion$8,363$721$3,631$12,715
Total Functional Expenses$1,718,870$158,520$355,613$2,233,003
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$559,801
Fundraising Gross Income$188,680
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$1,176,499$188,680$559,801$-371,121
Total Events$1,176,499$188,680$559,801$-371,121
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stephanie Truefamily mbrCompensationNo$33,637

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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

John and kathy connors are a married couple and are both members of the board of directors of the washington policy center (see form 990, part vii). Neither of these individuals received any compensation or other benefits from the organization during the year ended december 31, 2016.

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

The 990 return will be emailed to the organization's executive committee for review and each member will email a response back indicating they have reviewed and believe the return is accurate.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization requires board members to annually fill out a form disclosing any possible conflicts of interest. The forms are reviewed and possible conflicts of interest are followed up in accordance with the organization's conflict of interest policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board's executive committee determines the compensation for the organization's president at an annual review held in december.

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

The board's executive committee confirms the compensation for all employees after the president meets individually with each employee for an extensive annual review. The executive committee members use their business experience to help determine compensation. In addition, they are given a salary history for each employee. State policy network, a think tank trade association in which wpc is a member, releases the results of a salary survey so that organizations can know what other organizations their size pay for particular positions. The committee uses this survey to determine compensation. The committee may alter the compensation for any employee.

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

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public by request if required by law.

Filing and Contact Details

Filer

Filer Name
Washington Policy Center
EIN
91-1752769
Phone
2069379691
Address
PO BOX 3643, SEATTLE, WA 98124

Signing Officer

Name
Daniel Mead Smith
Title
President
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Wa
Voting Board Members
32
Independent Board Members
30
Employees
28
Volunteers
120

Preparer

Firm
Johnson & Shute PS
Address
11130 NE 33rd Place Suite 102, Bellevue, WA 98004-1400
Preparer
George J Koutelieris
Phone
4258275755
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Unrealized gains = $75144

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Board designated funds are intended to be used for program enhancement.permanent endowment funds are intended to be maintained to provide a permanent source of income.term endowment funds are intended to be used for the development and enhancement of various research centers.

Part X : FIN48 Footnote

THE CENTER QUALIFIES AS A NONPROFIT ORGANIZATION AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAXES. THE CENTER HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Center and recognize a tax liability if the Center has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed tax positions taken by the Center, and has concluded that as of December 31, 2016, there are no uncertain tax positions taken that would require recognition of a liability or disclosure in the financial statements. The Center files a federal Return of Organization Exempt from Income Tax (Form 990).

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IRS990/Form990PartVIISectionAGrp/PersonNm24RICHARD ALVORD
IRS990/Form990PartVIISectionAGrp/PersonNm25JIM COLES
IRS990/Form990PartVIISectionAGrp/PersonNm26KATHY CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm27ROBERTA WEYMOUTH
IRS990/Form990PartVIISectionAGrp/PersonNm28HON MARY ODERMAT
IRS990/Form990PartVIISectionAGrp/PersonNm29DANIEL MEAD SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm30JOHN S OTTER
IRS990/Form990PartVIISectionAGrp/PersonNm31BOB TIPPETT
IRS990/Form990PartVIISectionAGrp/PersonNm32PAUL GUPPY
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29President
IRS990/Form990PartVIISectionAGrp/TitleTxt30VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt31Director
IRS990/Form990PartVIISectionAGrp/TitleTxt32Vice President
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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.$8.31$0.82$7.49$7.16$3.92$3.24
2023Summary only. Only limited summary data is available for this year.$5.08$0.77$4.32$2.68$4.25$1.58
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.91$0.18$5.73$3.77$3.77$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.35$0.14$6.22$4.65$3.45$1.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$0.12$4.73$3.79$3.62$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.52$0.14$4.38$3.75$3.36$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.89$0.85$3.05$3.34$3.08$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$0.52$2.98$2.99$2.63$0.36
2016Detailed filing. Detailed filing data is available for this year.$3.10$0.58$2.52$2.47$2.23$0.23
2015Detailed filing. Detailed filing data is available for this year.$2.84$0.63$2.21$2.45$2.25$0.20
2014Summary only. Only limited summary data is available for this year.$2.44$0.35$2.09$1.94$1.93$0.01
2013Summary only. Only limited summary data is available for this year.$2.43$0.38$2.05$1.98$1.88$0.09
2012Summary only. Only limited summary data is available for this year.$2.09$0.27$1.82$1.90$1.85$0.05
2011Summary only. Only limited summary data is available for this year.$1.88$0.07$1.81$1.51$1.86$0.35
2010Summary only. Only limited summary data is available for this year.$2.24$0.04$2.20$1.50$1.89$0.39