Civic Intelligence

Seattle Economic Development Association

990 • Fiscal year 2014 • EIN 91-1764025

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

Organization ProfileN/A

View Organization Page

1437 South JacksonSeattle, WA 98144

(206) 324-4330

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.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

7.08x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

56th percentile

4.7%

Higher net margin than 56% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

70th percentile

$99,954

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

79th percentile

25%

Faster revenue growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$3,705,859

Up $566,779 (+18%) from 2013

Net Assets

Up

-$37,797

Up $24,836 (+40%) from 2013

Liabilities

Up

$3,743,656

Up $541,943 (+17%) from 2013

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin56th percentile

Revenue

Up

$528,642

Up $105,578 (+25%) from 2013

Expenses

Up

$503,806

Up $42,178 (+9.1%) from 2013

Net Income

Up

$24,836

Up $63,400 (+164%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $3,209,552Liabilities 2010: $2,920,919Net Assets 2010: $288,6332010Assets 2011: $3,295,840Liabilities 2011: $3,146,862Net Assets 2011: $148,9782011Assets 2012: $3,057,388Liabilities 2012: $3,081,457Net Assets 2012: -$24,0692012Assets 2013: $3,139,080Liabilities 2013: $3,201,713Net Assets 2013: -$62,6332013Assets 2014: $3,705,859Liabilities 2014: $3,743,656Net Assets 2014: -$37,7972014Assets 2015: $4,198,144Liabilities 2015: $4,370,033Net Assets 2015: -$171,8892015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2014

Assets$3,705,859
Liabilities$3,743,656
Net Assets-$37,797
Open 2014 Filing

Operations Trend

Revenue Growth79th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $816,0352010Expenses 2011: $634,6082011Expenses 2012: $813,6692012Revenue 2013: $423,064Expenses 2013: $461,628Net Income 2013: -$38,5642013Revenue 2014: $528,642Expenses 2014: $503,806Net Income 2014: $24,8362014Revenue 2015: $460,579Expenses 2015: $594,671Net Income 2015: -$134,0922015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016

Highlighted filing

2014

Revenue$528,642
Expenses$503,806
Net Income$24,836
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$528,642
Mission and Program Overview

Mission

Seda is a self-sustaining non-profit organization that promotes economic development and poverty alleviation through access to capital and business assistance to entrepreneurs in distressed and underserved communities in the state of washington.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,852,380$2,077,055▲ $224,675
Cash and Non-Interest-Bearing Accounts$454,604$756,340▲ $301,736
Pledges and Grants Receivable$62,615$83,745▲ $21,130
Prepaid Expenses and Deferred Charges$11,189$14,894▲ $3,705
Savings and Temporary Cash Investments-$0-
Accounts 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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,139,080$3,705,859▲ $566,779
Other Assets Total$758,292$773,825▲ $15,533
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,778,995$2,254,815▲ $475,820
Other Liabilities$782,020$793,693▲ $11,673
Unsecured Notes Loans Payable$618,560$608,546▼ $10,014
Accounts Payable and Accrued Expenses$22,138$86,602▲ $64,464
Total Liabilities$3,201,713$3,743,656▲ $541,943
Net Assets / Fund Balance
Temporarily Rstr Net Assets$112,500$112,500→ $0
Unrestricted Net Assets$-175,133$-150,297▲ $24,836
Total Net Assets Fund Balance$-62,633$-37,797▲ $24,836
Total Liabilities and Net Assets / Fund Balance$3,139,080$3,705,859▲ $566,779

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$9,832$4,916
Other Assets Org$9,237--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim ThomasCEOPT$19,991$79,963$99,954

Board Members and Trustees

NameTitle
Rachele S BouchandBoard President
Josephine Tamayo MurrayBoard Sec/Treas
Charles BloodDirector
David EllisDirector
Gary MelonsonDirector
Juan AguilarDirector
Mahnaz Kourorurian EshetuDirector
Michael VerchotDirector
Paula JacksonDirector
Rebecca VillarealDirector
Rolanda M CarriereDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$332,957
Program Service Revenue
$194,633
Investment Income
$952
Other Revenue
$100
All Other Contributions
$64,967
Change in Net Assets
$24,836

Audited Revenue Reconciliation

Revenue per Audited Statements
$528,642
Total Revenue per Audited Statements
$528,642
Total Revenue per Form 990
$528,642
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$290,990
Other Expenses$212,816
Total Fundraising Expense$9,624
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$174,942$42,157$5,471$222,570
Occupancy$45,054$31,317$1,129$77,500
Interest$28,556$11,387-$39,943
Payroll Taxes$18,726$9,219$515$28,460
Current Officers, Directors, Trustees, and Key Employees$9,995$9,996-$19,991
Other Employee Benefits$8,018$9,727$2,224$19,969
Office Expenses$3,600$12,022-$15,622
Fees for Services Accounting$6,451$7,274-$13,725
Travel$11,274$1,491-$12,765
Other Expenses$261$3,438$285$3,699
All Other Expenses$251$259-$510
Total Functional Expenses$347,996$146,186$9,624$503,806

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$503,806
Total Expenses per Audited Statements$503,806
Total Expenses per Form 990$503,806
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
payable to related party$771,937
Other accrued liabilities$17,860
Interest payable$3,896
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is reviewed by the CEO and the Controller before it is filed with the IRS; all Board members are given a copy before filing.”

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

“Each year the managers are required to disclose any and all investments in related entities.”

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

“Compensation of the CEO, Executive Director, and top management officials is reviewed and approved the the CCD Executive Committee.”

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

“Compensation of other directors and key employees is reviewed and approved by the CCD Executive Committee.”

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

“Copy sent to Secretary of State in Washington and also available upon request.”

Filing and Contact Details

Filer

Filer Name
Seattle Economic Development Association
EIN
91-1764025
Phone
2063244330
Address
1437 South Jackson, Seattle, WA 98144

Signing Officer

Name
Eric Ebrahimi
Title
CFO
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
11
Independent Board Members
11
Employees
31
Volunteers
20

Preparer

Firm
Francis & Company PLLC
Address
701 Dexter Ave N Ste 404, Seattle, WA 98109
Preparer
Horace C Francis CPA
Phone
2062823720
Raw XML AppendixShowing 400 of 554 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022138
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt086602
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEDA is a self-sustaining non-profit organization that promotes economic development and poverty alleviation through access to capital and business assistance to entrepreneurs in distressed and underserved communities in the State of Washington.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt064967
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0259
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0251
IRS990/AllOtherExpensesGrp/TotalAmt0510
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Helen Yamazaki
IRS990/BooksInCareOfDetail/PhoneNum02063244330
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01437 South Jackson
IRS990/BooksInCareOfDetail/USAddress/CityNm0Seattle
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098144
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0454604
IRS990/CashNonInterestBearingGrp/EOYAmt0756340
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09996
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt09995
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt019991
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0332957
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0952
IRS990/CYOtherExpensesAmt0212816
IRS990/CYOtherRevenueAmt0100
IRS990/CYProgramServiceRevenueAmt0194633
IRS990/CYRevenuesLessExpensesAmt024836
IRS990/CYSalariesCompEmpBnftPaidAmt0290990
IRS990/CYTotalExpensesAmt0503806
IRS990/CYTotalFundraisingExpenseAmt09624
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0528642
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0SEDA is a self-sustaining, non-profit community development based organization that promotes economic development and poverty alleviation through access to capital and business assistance to entrepreneurs in distressed and under-served communities throughout the state of Washington.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt031
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0347996
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07274
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06451
IRS990/FeesForServicesAccountingGrp/TotalAmt013725
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt118.00
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/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Rachele S Bouchand
IRS990/Form990PartVIISectionAGrp/PersonNm1Josephine Tamayo Murray
IRS990/Form990PartVIISectionAGrp/PersonNm2Paula Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm3Michael Verchot
IRS990/Form990PartVIISectionAGrp/PersonNm4Mahnaz Kourorurian Eshetu
IRS990/Form990PartVIISectionAGrp/PersonNm5Charles Blood
IRS990/Form990PartVIISectionAGrp/PersonNm6Gary Melonson
IRS990/Form990PartVIISectionAGrp/PersonNm7Rolanda M Carriere
IRS990/Form990PartVIISectionAGrp/PersonNm8David Ellis
IRS990/Form990PartVIISectionAGrp/PersonNm9Rebecca Villareal
IRS990/Form990PartVIISectionAGrp/PersonNm10Juan Aguilar
IRS990/Form990PartVIISectionAGrp/PersonNm11Jim Thomas
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1119991
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/ReportableCompFromRltdOrgAmt1179963
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Sec/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0267990
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0528642
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt011387
IRS990/InterestGrp/ProgramServicesAmt028556
IRS990/InterestGrp/TotalAmt039943
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0952
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0952
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09832
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt09832
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEDA is a self-sustaining non-profit organization that promotes economic development and poverty alleviation through access to capital and business assistance to entrepreneurs in distressed and underserved communities in the State of Washington.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01778995
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02254815
IRS990/NetAssetsOrFundBalancesBOYAmt0-62633
IRS990/NetAssetsOrFundBalancesEOYAmt0-37797
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01129
IRS990/OccupancyGrp/ManagementAndGeneralAmt031317
IRS990/OccupancyGrp/ProgramServicesAmt045054
IRS990/OccupancyGrp/TotalAmt077500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012022
IRS990/OfficeExpensesGrp/ProgramServicesAmt03600
IRS990/OfficeExpensesGrp/TotalAmt015622
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0758292
IRS990/OtherAssetsTotalGrp/EOYAmt0773825
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02224
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09727
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08018
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019969
IRS990/OtherExpensesGrp/Desc0Provision for loan loss
IRS990/OtherExpensesGrp/Desc1Other-G&Admin-23
IRS990/OtherExpensesGrp/Desc2Bad Debt expense
IRS990/OtherExpensesGrp/Desc3Business taxes
IRS990/OtherExpensesGrp/FundraisingAmt0285
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07899
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13438
IRS990/OtherExpensesGrp/ProgramServicesAmt021062
IRS990/OtherExpensesGrp/ProgramServicesAmt19647
IRS990/OtherExpensesGrp/ProgramServicesAmt210159
IRS990/OtherExpensesGrp/ProgramServicesAmt3261
IRS990/OtherExpensesGrp/TotalAmt021062
IRS990/OtherExpensesGrp/TotalAmt117831
IRS990/OtherExpensesGrp/TotalAmt210159
IRS990/OtherExpensesGrp/TotalAmt33699
IRS990/OtherLiabilitiesGrp/BOYAmt0782020
IRS990/OtherLiabilitiesGrp/EOYAmt0793693
IRS990/OtherRevenueMiscGrp/Desc0Other revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt0100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0100
IRS990/OtherRevenueTotalAmt0100
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05471
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042157
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0174942
IRS990/OtherSalariesAndWagesGrp/TotalAmt0222570
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01852380
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02077055
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0515
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09219
IRS990/PayrollTaxesGrp/ProgramServicesAmt018726
IRS990/PayrollTaxesGrp/TotalAmt028460
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt062615
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt083745
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011189
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014894
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0Interest and penalty inco
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0194633
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0194633
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0243573
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01488
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0173695
IRS990/PYOtherRevenueAmt0453
IRS990/PYProgramServiceRevenueAmt0177550
IRS990/PYRevenuesLessExpensesAmt0-38564
IRS990/PYSalariesCompEmpBnftPaidAmt0287933
IRS990/PYTotalExpensesAmt0461628
IRS990/PYTotalRevenueAmt0423064
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt024836
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0194633
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0332957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0243573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0468453
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0315499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0843120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02203602
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0952
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01488
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01030
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03470
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0891727
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0100
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0453
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0553
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99820
IRS990ScheduleA/PublicSupportPY170Pct00.71070
IRS990ScheduleA/PublicSupportTotal170Amt02203602
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0332957
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0243573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0468453
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0315499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0843120
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02203602
IRS990ScheduleA/TotalSupportAmt02207625
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09832
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt04916
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04916
IRS990ScheduleD/ExpensesSubtotalAmt0503806
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0340432
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1381968
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt242188
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt39237
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash for loan loss reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1receivable fr related party SBAC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2receivable fr related party SEDF
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Revolving loan fund accrued loan interes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03896
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117860

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,705,859
Liabilities
$3,743,656
Net assets
-$37,797
Revenue
$528,642
Expenses
$503,806
Net income
$24,836
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$4.20$4.37$0.17$0.46$0.59$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.71$3.74$0.04$0.53$0.50$0.02
2013Summary only. Only limited summary data is available for this year.$3.14$3.20$0.06$0.42$0.46$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$3.08$0.02$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$3.15$0.15$0.63
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$2.92$0.29$0.82