ECONOMIC DEVELOPMENT COUNCIL OF SEATTLE & KING COUNTY Charity Report

Public IRS 990 nonprofit record

ECONOMIC DEVELOPMENT COUNCIL OF SEATTLE & KING COUNTY

EIN 91-1267597

What they do

to ENHANCE ECONOMIC VITALITY, EMPLOYMENT OPPORTUNITIES and QUALITY of LIFE THROUGHOUT SEATTLE and KING COUNTY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders61 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

135.32%of revenue went to mission work91.2% of expenses · Program services

3.46%of revenue went to fundraising2.3% of expenses

$148.29spent for every $100 of revenueSpending was higher than revenue this year.

9.52%of revenue went to management and office costs6.4% of expenses

64.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $351,456 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $112,795 for MELINDA GOFORTH (VICE PRESIDENT, BUSINESS DEVELOPMENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$727,774

Mission workProgram services$984,789135.32% of revenue91.2% of expenses

ManagementOffice and general costs$69,2599.52% of revenue6.4% of expenses

FundraisingAsking for donations$25,1823.46% of revenue2.3% of expenses

Total expenses$1,079,230148.29% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2018CurrentExpense mix: 91.2% mission · 6.4% management · 2.3% fundraisingTotal expenses: 148.29% of revenue

2017Expense mix: 76.0% mission · 17.6% management · 6.4% fundraisingTotal expenses: 90.60% of revenue

2016Expense mix: 74.6% mission · 18.6% management · 6.8% fundraisingTotal expenses: 98.43% of revenue

Money in and money out

Revenue$727,774

Expenses$1,079,230

Annual shortfall $351,456 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$984,789 · 91.2% of expenses

Management and office costs$69,259 · 6.4% of expenses

Fundraising$25,182 · 2.3% of expenses

See all reported dollar amounts

Revenue$727,774

Expenses$1,079,230

Contributions$468,140

Mission work (program services)$984,789

Fundraising$25,182

Grants given$566,000

Average grant$566,000

Management and general$69,259

Accounting fees$38,412

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MELINDA GOFORTHVICE PRESIDENT, BUSINESS DEVELOPMENT · 40 hrs/week $112,795Base $98,210 · Other $14,585

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (61)

MELINDA GOFORTHVICE PRESIDENT, BUSINESS DEVELOPMENT

NANCY LONGDIRECTOR

JOHN NOWOJDIRECTOR

JOHN STOKESDIRECTOR

JON SCHOLESDIRECTOR

KRISTEN JENSENDIRECTOR

LISA HERBOLDDIRECTOR

MARC BERGERDIRECTOR

MARC CUMMINGSDIRECTOR

MARIAH BETTISEDIRECTOR

MARILYN STRICKLANDDIRECTOR

MEGAN OUELLETTEDIRECTOR

MICHAEL PEARCEDIRECTOR

MICHAEL SCHUTZLERDIRECTOR

MICHAEL SIEFKESDIRECTOR

MONTY ANDERSONDIRECTOR

JOHN HOLMANDIRECTOR

NICOLE GRANTDIRECTOR

PATRICK BANNONDIRECTOR

PATRICK MCQUEENDIRECTOR

PENNY SWEETDIRECTOR

RANDY HODGINSDIRECTOR

ROB DEMBOWSKIDIRECTOR

SHELLEY EASTER GILLDIRECTOR

SHOUAN PANDIRECTOR

STEPHANIE BOWMANSECRETARY

TERRY DANYSHIMMEDIATE PAST CHAIR

TERRY DAVISDIRECTOR

TIMOTHY HOWELLVICE CHAIR

TOM MCLEODDIRECTOR

WILL EINSTEINCHAIR

DAVE MCFADDENDIRECTOR

ALEX PIETSCHDIRECTOR

ALLAN VAN NESSDIRECTOR

ANDREW MAGILLDIRECTOR

BART PHILLIPSDIRECTOR

BILL BOYCEDIRECTOR

BILL HERRERADIRECTOR

BILL POPPYDIRECTOR

BRIAN STADINGDIRECTOR

BRIANNA MCDONALDDIRECTOR

CARY BADGERDIRECTOR

CATHERINE STANFORDDIRECTOR

CHRIS MCDOUGALLDIRECTOR

CHRIS MEFFORDDIRECTOR

DAVE CARSONDIRECTOR

ALBERT LEWIS JRDIRECTOR

DAVID ALLENDIRECTOR

DEANNA DAWSONDIRECTOR

DOT FALLIHEEDIRECTOR

DOW CONSTANTINEDIRECTOR

EMILY PARKHURSTDIRECTOR

GREG BILTEDIRECTOR

HON NANCY BACKUSTREASURER

IRENE PLENEFISCHDIRECTOR

J THOMAS RANKINDIRECTOR

JAMES MAYHEWDIRECTOR

JASON TARTICKDIRECTOR

JEFF CROWEDIRECTOR

JEFF LYONDIRECTOR

JENNY DURKANDIRECTOR

About this charity

Location: 1301 5TH AVE NO 1500, SEATTLE, WA 98101
County: King
In care of: WILL EINSTEIN
Primary officer: WILL EINSTEIN, BOARD CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(206) 389-8650

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: THE MYERS ASSOCIATES PC
Grant-giving organization: Yes