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Washington Business Alliance Fund

Seattle, WA · EIN 35-2460900 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Washington Business Alliance Fund reported $13.0 million in revenue and $12.5 million in expenses for calendar year 2024. Of every $100 it spent, $99.50 went to program services, $0.50 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.2% of the total. Government grants made up 91.6%. The highest compensation it reported for one person was $214,851 (EXEC DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 6993% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
99.5%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
0.5%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.2%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
91.6%14.9%
Program service revenue share
Part VIII 2g ÷ 12
3.8%11.9%
Highest reported compensation
Part VII-A, columns D–F
$214,851$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.72%1.49%
People paid over $100,000
Part VII, line 2
15
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.49.2
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 100.0% of program spending · revenue $488K

Washington Business Alliance Fund provided grants to 501(c)(3) organizations. These grants focused on either educating individuals about climate change or educating individuals about how to register and vote. Washington Business Alliance Fund also produced and published online educational information about climate change and potential ways to address it. Additionally, wabaf hosted a climate study event and a carbon policy forum to provide further education around climate change policy

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXEC DIRECTOR
Officer, 30.00 hrs/week
$162,271$52,580$0$214,851

1 people received more than $100,000 in reportable compensation from Washington Business Alliance Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $162K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$13M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$12M99.5%$398K$214,851
2023 ⓘ$186K$422K96.9%−$149K$60,626
2022 ⓘ$406K$359K96.7%$87,261$67,650
2021 ⓘ$317K$97,39594.9%$40,715$140,202
2020 ⓘ$375K$590K99.8%−$179K—
2019 ⓘ$183K$168K97.9%$36,364—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 66

Private foundation grants it received

1 private foundation reported grants to Washington Business Alliance Fund totaling $11 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Washington Business Alliance Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Washington Business Alliance Fund, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Washington

Questions people ask

How much of Washington Business Alliance Fund's spending goes to programs?

In calendar year 2024, Washington Business Alliance Fund reported that 99.5% of its $12.5 million in expenses went to program services, 0.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Washington Business Alliance Fund pay its top executive?

The largest total compensation Washington Business Alliance Fund reported for one person in calendar year 2024 was $214,851, for the role of EXEC DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Washington Business Alliance Fund get its money?

Of $13.0 million in revenue in calendar year 2024, 96.2% came from contributions and grants (including 91.6% from government grants) and 3.8% from program service revenue (Form 990, Part VIII).

Is Washington Business Alliance Fund a registered charity?

The IRS lists EIN 35-2460900 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503189349310485 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413169349302896 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349306480 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243199349312134 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123159349304187 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013219349321976 · read the filing

All filings for EIN 35-2460900: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.