Civic Intelligence

Seattle Economic Development Fund

990 • Fiscal year 2023 • EIN 91-1764008

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 03, 2024

12720 Gateway Dr S 207Tukwila, WA 98144

(206) 324-4330

Siviq Scores

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

Liabilities / Assets

85th percentile

0.72x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

3.25x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

10th percentile

-30%

Higher net margin than 10% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

27th percentile

$174,630

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

57th percentile

8.7%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-30%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$30,476,339

Flat from 2023

Net Assets

Flat

$8,410,749

Flat from 2023

Liabilities

Flat

$22,065,590

Flat from 2023

Revenue

Flat

$6,779,426

Flat from 2023

Expenses

Flat

$8,795,037

Flat from 2023

Net Income

Flat

-$2,015,611

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $12,127,620Liabilities 2010: $7,272,394Net Assets 2010: $4,855,2262010Assets 2011: $12,955,558Liabilities 2011: $8,048,058Net Assets 2011: $4,907,5002011Assets 2012: $12,532,049Liabilities 2012: $7,505,022Net Assets 2012: $5,027,0272012Assets 2013: $12,414,176Liabilities 2013: $7,963,434Net Assets 2013: $4,450,7422013Assets 2014: $11,178,875Liabilities 2014: $7,013,724Net Assets 2014: $4,165,1512014Assets 2015: $9,676,648Liabilities 2015: $6,091,603Net Assets 2015: $3,585,0452015Assets 2016: $11,155,203Liabilities 2016: $8,069,901Net Assets 2016: $3,085,3022016Assets 2017: $11,588,572Liabilities 2017: $8,782,889Net Assets 2017: $2,805,6832017Assets 2018: $11,398,097Liabilities 2018: $8,523,568Net Assets 2018: $2,874,5292018Assets 2019: $11,530,949Liabilities 2019: $8,805,428Net Assets 2019: $2,725,5212019Assets 2020: $20,551,413Liabilities 2020: $16,779,498Net Assets 2020: $3,771,9152020Assets 2021: $28,288,075Liabilities 2021: $20,348,320Net Assets 2021: $7,939,7552021Assets 2022: $28,030,464Liabilities 2022: $17,139,372Net Assets 2022: $10,891,0922022Assets 2023: $30,476,339Liabilities 2023: $22,065,590Net Assets 2023: $8,410,7492023Assets 2023: $30,476,339Liabilities 2023: $22,065,590Net Assets 2023: $8,410,7492023Assets 2024: $29,544,770Liabilities 2024: $20,868,399Net Assets 2024: $8,676,3712024

Highlighted filing

2023

Assets$30,476,339
Liabilities$22,065,590
Net Assets$8,410,749

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,067,0012010Expenses 2011: $1,416,3072011Expenses 2012: $921,9702012Revenue 2013: $820,471Expenses 2013: $1,396,756Net Income 2013: -$576,2852013Revenue 2014: $838,592Expenses 2014: $1,124,184Net Income 2014: -$285,5922014Revenue 2015: $1,055,484Expenses 2015: $1,635,590Net Income 2015: -$580,1062015Revenue 2016: $1,627,891Expenses 2016: $1,482,559Net Income 2016: $145,3322016Revenue 2017: $1,818,397Expenses 2017: $1,998,016Net Income 2017: -$179,6192017Revenue 2018: $1,937,695Expenses 2018: $1,868,849Net Income 2018: $68,8462018Revenue 2019: $2,310,123Expenses 2019: $2,351,635Net Income 2019: -$41,5122019Revenue 2020: $5,335,968Expenses 2020: $3,648,892Net Income 2020: $1,687,0762020Revenue 2021: $7,984,943Expenses 2021: $3,774,839Net Income 2021: $4,210,1042021Revenue 2022: $9,619,486Expenses 2022: $6,702,997Net Income 2022: $2,916,4892022Revenue 2023: $6,779,426Expenses 2023: $8,795,037Net Income 2023: -$2,015,6112023Revenue 2023: $6,779,426Expenses 2023: $8,795,037Net Income 2023: -$2,015,6112023Revenue 2024: $9,139,901Expenses 2024: $8,874,279Net Income 2024: $265,6222024

Highlighted filing

2023

Revenue$6,779,426
Expenses$8,795,037
Net Income-$2,015,611
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 3, 2024
Return Version
2023v5.1
Gross Receipts
$6,779,426
Mission and Program Overview

Mission

To provide economic development financing to serve the needs of small businesses in the state of washington that would not qualify for private financing under conventional financing criteria.

Business impact nw grows business that create jobs in underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$18,231,096$21,935,592▲ $3,704,496
Savings and Temporary Cash Investments$4,640,108$5,601,500▲ $961,392
Pledges and Grants Receivable$865,555$1,718,591▲ $853,036
Cash and Non-Interest-Bearing Accounts$2,681,978$747,632▼ $1,934,346
Prepaid Expenses and Deferred Charges$18,524$18,524→ $0
Accounts Receivable$14,612$0▼ $14,612
Land, Buildings, and Equipment, Net$14,531$10,435▼ $4,096
Total Assets$28,030,464$30,476,339▲ $2,445,875
Other Assets Total$1,564,060$444,065▼ $1,119,995
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,326,961$13,601,836▲ $2,274,875
Unsecured Notes Loans Payable$5,576,662$7,746,164▲ $2,169,502
Accounts Payable and Accrued Expenses$108,399$557,464▲ $449,065
Other Liabilities$110,424$146,099▲ $35,675
Deferred Revenue$16,926$14,027▼ $2,899
Total Liabilities$17,139,372$22,065,590▲ $4,926,218
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,241,925$7,845,487▼ $2,396,438
Net Assets With Donor Restrictions$649,167$565,262▼ $83,905
Total Net Assets Fund Balance$10,891,092$8,410,749▼ $2,480,343
Total Liabilities and Net Assets / Fund Balance$28,030,464$30,476,339▲ $2,445,875

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,435$89,096$99,531
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph Sky-tuckerPresident/CEOFT$149,333$25,297$174,630
Greta StoughCXOFT$122,986$8,027$131,013
Domonique JuleonCPOFT$122,000$8,362$130,362
Victor SaldanhaCLOFT$118,461$8,752$127,213
Danielle MoserCOOFT$117,349$8,380$125,729

Board Members and Trustees

NameTitle
John ZmolekBoard Chair
Kellen BallBoard Vice Chair
Paul KirkbrideBoard Treasurer
Jessica EnziDirector
Kurt HeathDirector
Megan SnyderDirector
Peter HaDirector
Robert LuettjohannDirector
SEAN O'MEALIADirector
Tom BerquistDirector (thru 11/23)
Munzer SukhunDirector (thru 3/23)
Kd HallDirector (thru 9/23)
Lorri WallaceSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,987,616
Program Service Revenue
$1,724,233
Investment Income
$64,796
Other Revenue
$2,781
All Other Contributions
$1,500,638
Change in Net Assets
$-2,015,611
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,516,287
Other Expenses$3,278,750
Total Fundraising Expense$847,276
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,938,620$870,856$539,645$4,349,121
Other Employee Benefits$396,263$124,764$67,084$588,111
Interest$420,940--$420,940
Payroll Taxes$276,893$79,200$48,333$404,426
Information Technology$296,007$102,686-$398,693
Fees for Services Other$136,262$155,980$20,666$312,908
Advertising$18,777$29,408$147,257$195,442
Travel$124,558$56,964$2,310$183,832
Current Officers, Directors, Trustees, and Key Employees$117,994$34,967$21,668$174,629
All Other Expenses$118,667$9,423$194$128,284
Fees for Services Accounting-$64,732-$64,732
Occupancy$21,632$36,222-$57,854
Other Expenses$36,583$2,905$60$39,548
Fees for Services Legal$1,023$33,764-$34,787
Office Expenses$11,189$4,526$59$15,774
Insurance-$13,731-$13,731
Depreciation Depletion-$4,096-$4,096
Total Functional Expenses$6,278,609$1,669,152$847,276$8,795,037
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

Other Reported Liabilities

LiabilityAmount
Interest Payable$80,179
Pass-through Loan Fees$65,920
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

Governance is handled by the board of directors as their purview is to ensure the organization is financially solvent. Management makes all operational decisions in order to ensure the organization runs efficiently and to the strategic goals set forth by the board of directors.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the ceo before it is filed with the irs; all board memebers are given a copy before filing.

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

The ceo and executive committee of the board monitor conflicts of interest for board members on an at least annual basis and may appoint a disinterested person or committee to investigate alternatives solutions to proposed transactions or arrangements. Board members have a duty to disclose a conflict of interest to board of directors and members of committees. The disclosure of conflict is then reviewed by the full board and voted upon to determine if a conflict of interest exists. An interested person may make a presentation at the board or committee meetings but will be excused from the meeting afterwards and abstain from voting. The board minutes document whether a conflict of interest exists along with actions steps. The organization also monitors violations of the conflict of interest policy and has procedures in place if such an event happens.

Form 990, Part VI, Section B, Line 15A

Salary decisions for the ceo are made by the full board excluding anyone with a conflict of interest. Comparable data used is a salary survey and compared to trade organizations and similar organizations from guidestar. The compensation is reviewed annually, the last review was march 2023. The meetings are documented and kept for recordkeeping.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Seattle Economic Development Fund
EIN
91-1764008
Phone
2063244330
Address
12720 GATEWAY DR S 207, TUKWILA, WA 98144

Signing Officer

Name
Joe Sky-tucker
Title
President/CEO
Phone
2063244330
Signed
2024-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Sky-tucker
Formed
1997
Legal Domicile
Wa
Voting Board Members
10
Independent Board Members
10
Employees
74
Volunteers
70

Preparer

Firm
Moss Adams Llp
Address
601 W RIVERSIDE AVENUE STE 1800, SPOKANE, WA 99201
Preparer
Emina O Cresswell CPA
Phone
5097472600
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

The women's business center has an advisory committee that helps with fundraising and setting the strategic direction of the center. The organization has a volunteer board of directors that provide strategic oversight of the organization. We also have volunteers help us with our events, trainings, and operations.

FORM 990, PART XI, LINE 9:

Change in net assets 142,544.

Financial Statement Notes

PART X, LINE 2:

Bin is a nonprofit organization exempt from federal income tax under the provisions of internal revenue code section 501(c)(3). However, bin remains subject to income taxes on any net income that is derived from a trade or business, regularly carried on and not in furtherance of the purpose for which it was granted exemption. No income tax provision has been recorded as the net income, if any, from any unrelated trade or business, in the opinion of management, is not material to the consolidated financial statements taken as a whole. Management believes no uncertain tax positions exist for the organization at december 31, 2023 and 2022. Bin files income tax returns in the u.s. Federal jurisdiction.

Raw XML AppendixShowing 400 of 620 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0108399
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0557464
IRS990/AccountsReceivableGrp/BOYAmt014612
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0BUSINESS IMPACT NW GROWS BUSINESS THAT CREATE JOBS IN UNDERSERVED COMMUNITIES.
IRS990/AdvertisingGrp/FundraisingAmt0147257
IRS990/AdvertisingGrp/ManagementAndGeneralAmt029408
IRS990/AdvertisingGrp/ProgramServicesAmt018777
IRS990/AdvertisingGrp/TotalAmt0195442
IRS990/AllOtherContributionsAmt01500638
IRS990/AllOtherExpensesGrp/FundraisingAmt0194
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09423
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0118667
IRS990/AllOtherExpensesGrp/TotalAmt0128284
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOE SKY-TUCKER
IRS990/BooksInCareOfDetail/PhoneNum02063244330
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01270 GATEWAY DR S
IRS990/BooksInCareOfDetail/USAddress/CityNm0TUKWILA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098168
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02681978
IRS990/CashNonInterestBearingGrp/EOYAmt0747632
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt021668
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt034967
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0117994
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0174629
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04987616
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt064796
IRS990/CYOtherExpensesAmt03278750
IRS990/CYOtherRevenueAmt02781
IRS990/CYProgramServiceRevenueAmt01724233
IRS990/CYRevenuesLessExpensesAmt0-2015611
IRS990/CYSalariesCompEmpBnftPaidAmt05516287
IRS990/CYTotalExpensesAmt08795037
IRS990/CYTotalFundraisingExpenseAmt0847276
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06779426
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt016926
IRS990/DeferredRevenueGrp/EOYAmt014027
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04096
IRS990/DepreciationDepletionGrp/TotalAmt04096
IRS990/Desc0LOAN FUND ADMINISTRATION AS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) TO PROVIDE FINANCING AND MANAGEMENT ASSISTANCE PRIMARILY TO TARGETED BUSINESSES THAT WOULD OTHERWISE NOT BE ABLE TO RECEIVE FINANCING UNDER CONVENTIONAL METHODS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0649167
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0565262
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt074
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt06278609
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt064732
IRS990/FeesForServicesAccountingGrp/TotalAmt064732
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt033764
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01023
IRS990/FeesForServicesLegalGrp/TotalAmt034787
IRS990/FeesForServicesOtherGrp/FundraisingAmt020666
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0155980
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0136262
IRS990/FeesForServicesOtherGrp/TotalAmt0312908
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.50
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09297
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt18027
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt28362
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt38752
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt48380
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSEPH SKY-TUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm1GRETA STOUGH
IRS990/Form990PartVIISectionAGrp/PersonNm2DOMONIQUE JULEON
IRS990/Form990PartVIISectionAGrp/PersonNm3VICTOR SALDANHA
IRS990/Form990PartVIISectionAGrp/PersonNm4DANIELLE MOSER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN ZMOLEK
IRS990/Form990PartVIISectionAGrp/PersonNm6KELLEN BALL
IRS990/Form990PartVIISectionAGrp/PersonNm7PAUL KIRKBRIDE
IRS990/Form990PartVIISectionAGrp/PersonNm8LORRI WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm9JESSICA ENZI
IRS990/Form990PartVIISectionAGrp/PersonNm10PETER HA
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT LUETTJOHANN
IRS990/Form990PartVIISectionAGrp/PersonNm12SEAN O'MEALIA
IRS990/Form990PartVIISectionAGrp/PersonNm13MEGAN SNYDER
IRS990/Form990PartVIISectionAGrp/PersonNm14KURT HEATH
IRS990/Form990PartVIISectionAGrp/PersonNm15MUNZER SUKHUN
IRS990/Form990PartVIISectionAGrp/PersonNm16KD HALL
IRS990/Form990PartVIISectionAGrp/PersonNm17TOM BERQUIST
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0165333
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1122986
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2122000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3118461
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4117349
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CXO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CPO
IRS990/Form990PartVIISectionAGrp/TitleTxt3CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt4COO
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR (THRU 3/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR (THRU 9/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR (THRU 11/23)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt03486978
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06779426
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0102686
IRS990/InformationTechnologyGrp/ProgramServicesAmt0296007
IRS990/InformationTechnologyGrp/TotalAmt0398693
IRS990/InsuranceGrp/ManagementAndGeneralAmt013731
IRS990/InsuranceGrp/TotalAmt013731
IRS990/InterestGrp/ProgramServicesAmt0420940
IRS990/InterestGrp/TotalAmt0420940
IRS990/InvestmentIncomeGrp/ExclusionAmt064796
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt064796
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0756
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt089096
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014531
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010435
IRS990/LandBldgEquipCostOrOtherBssAmt099531
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE ECONOMIC DEVELOPMENT FINANCING TO SERVE THE NEEDS OF SMALL BUSINESSES IN THE STATE OF WASHINGTON THAT WOULD NOT QUALIFY FOR PRIVATE FINANCING UNDER CONVENTIONAL FINANCING CRITERIA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt011326961
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt013601836
IRS990/NetAssetsOrFundBalancesBOYAmt010891092
IRS990/NetAssetsOrFundBalancesEOYAmt08410749
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010241925
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07845487
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt036222
IRS990/OccupancyGrp/ProgramServicesAmt021632
IRS990/OccupancyGrp/TotalAmt057854
IRS990/OfficeExpensesGrp/FundraisingAmt059
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04526
IRS990/OfficeExpensesGrp/ProgramServicesAmt011189
IRS990/OfficeExpensesGrp/TotalAmt015774
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01564060
IRS990/OtherAssetsTotalGrp/EOYAmt0444065
IRS990/OtherChangesInNetAssetsAmt0142544
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt067084
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0124764
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0396263
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0588111
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1LENDING COSTS
IRS990/OtherExpensesGrp/Desc2B&O TAXES
IRS990/OtherExpensesGrp/Desc3STAFF TRAINING
IRS990/OtherExpensesGrp/FundraisingAmt060
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt044928
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12905
IRS990/OtherExpensesGrp/ProgramServicesAmt01312344
IRS990/OtherExpensesGrp/ProgramServicesAmt150857
IRS990/OtherExpensesGrp/ProgramServicesAmt236583
IRS990/OtherExpensesGrp/TotalAmt01312344
IRS990/OtherExpensesGrp/TotalAmt150857
IRS990/OtherExpensesGrp/TotalAmt244928
IRS990/OtherExpensesGrp/TotalAmt339548
IRS990/OtherLiabilitiesGrp/BOYAmt0110424
IRS990/OtherLiabilitiesGrp/EOYAmt0146099
IRS990/OtherRevenueMiscGrp/BusinessCd0523000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02781
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02781
IRS990/OtherRevenueTotalAmt02781
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0539645
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0870856
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02938620
IRS990/OtherSalariesAndWagesGrp/TotalAmt04349121
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018231096
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt021935592
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt048333
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt079200
IRS990/PayrollTaxesGrp/ProgramServicesAmt0276893
IRS990/PayrollTaxesGrp/TotalAmt0404426
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0865555
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01718591
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018524
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018524
IRS990/PrincipalOfficerNm0JOE SKY-TUCKER
IRS990/PriorPeriodAdjustmentsAmt0-607276
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2611420
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1LOAN FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2TRAINING FEES
IRS990/ProgramServiceRevenueGrp/Desc3SERVICING RIGHTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01439760
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1259385
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt220156
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34932
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01439760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1259385
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt220156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34932
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05295239
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02541222
IRS990/PYOtherExpensesAmt02796275
IRS990/PYOtherRevenueAmt037353
IRS990/PYProgramServiceRevenueAmt01745672
IRS990/PYRevenuesLessExpensesAmt02916489
IRS990/PYSalariesCompEmpBnftPaidAmt03906722
IRS990/PYTotalExpensesAmt06702997
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09619486
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2015611
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01727014
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04640108
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05601500

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.$29.5$20.9$8.68$9.14$8.87$0.27
2023Detailed filing. Detailed filing data is available for this year.$30.5$22.1$8.41$6.78$8.80$2.02
2023Summary only. Only limited summary data is available for this year.$30.5$22.1$8.41$6.78$8.80$2.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.0$17.1$10.9$9.62$6.70$2.92
2021Summary only. Only limited summary data is available for this year.$28.3$20.3$7.94$7.98$3.77$4.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$16.8$3.77$5.34$3.65$1.69
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$8.81$2.73$2.31$2.35$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$8.52$2.87$1.94$1.87$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$8.78$2.81$1.82$2.00$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$8.07$3.09$1.63$1.48$0.15
2015Summary only. Only limited summary data is available for this year.$9.68$6.09$3.59$1.06$1.64$0.58
2014Detailed filing. Detailed filing data is available for this year.$11.2$7.01$4.17$0.84$1.12$0.29
2013Summary only. Only limited summary data is available for this year.$12.4$7.96$4.45$0.82$1.40$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$7.51$5.03$0.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$8.05$4.91$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$7.27$4.86$1.07