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Innovia Foundation
Innovia Foundation reported $32.0 million in revenue and $22.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.71 went to program services, $8.67 to management and general costs and $1.62 to fundraising. Its largest source of revenue was contributions and grants: 80.8% of the total. Government grants made up 13.6%. The highest compensation it reported for one person was $361,580 (Chief Executive Officer). 8 people received more than $100,000 in reportable compensation. Revenue rose 17% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $23MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $32M- Contributions & grants (non-government)$60.00 $22M
- Government grants$12.14 $4.4M
- Program service revenue$0.14 $50,653
- Investment income$27.72 $9.9M
Other revenue was negative: −$3.9M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.7% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.7% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.6% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 80.8% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 13.6% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.2% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $361,580 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.60% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 8 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 135.1 | 56.6 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseDonor-Directed Grantmaking: Innovia Foundation's mission is to ignite generosity that transforms lives and communities. With over 590 individual, family, and corporate funds, this area of investment reflects the grantmaking directed by donors to support a broad range of community interests primarily in our region and Washington state and extending nationally and internationally
LaunchNW: With the mission of galvanizing entire communities to ensure that every child finds belonging and travels their best journey from birth to career attainment, Innovia's economic and community vitality initiative, LaunchNW, significantly expanded its reach in 2025. The Promise Scholarship was awarded to its second round of recipients, bringing the number of students receiving the scholarship to 312. The program also expanded into additional counties, with scholarships now being awarded to eligible students in Spokane, Columbia, Stevens (Northport High School), and Garfield Counties.…
Foundation-Directed Grantmaking: Innovia Foundation manages other funds established by generous donors to address the unique opportunities and challenges in our region. Over 165 individual and family funds are used to support the Foundation's five impact areas of Health & Wellbeing, Economic Opportunity, Education and Youth Development, Arts & Culture, and Quality of Life. Innovia Foundation evaluates organizations and then makes grants to best reflect the intended purpose of the funds
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Chief Executive Officer Officer, 38.80 hrs/week | $323,384 | $0 | $38,196 | $361,580 |
| Chief Financial & Operating Officer Officer, 38.00 hrs/week | $191,919 | $0 | $25,792 | $217,711 |
| Chief Community Investment Officer Key employee, 40.00 hrs/week | $161,540 | $0 | $23,456 | $184,996 |
| Chief Strategy Officer Key employee, 40.00 hrs/week | $161,700 | $0 | $18,174 | $179,874 |
| Executive Director of LaunchNW Highest compensated employee, 20.00 hrs/week | $144,066 | $0 | $32,199 | $176,265 |
| Research and Community Impact Highest compensated employee, 40.00 hrs/week | $125,463 | $0 | $21,903 | $147,366 |
| Director of Development Highest compensated employee, 40.00 hrs/week | $117,625 | $0 | $21,287 | $138,912 |
| Associate Director - LaunchNW Highest compensated employee, 40.00 hrs/week | $111,900 | $0 | $19,643 | $131,543 |
8 people received more than $100,000 in reportable compensation from Innovia Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $893K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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–1b12 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- 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 4Yes
- 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 536
- Volunteers Part I, line 6375
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FEG Investment Advisors Consultation and Investment Management | $363,267 |
| Marketing Media Group LLC Marketing Services | $163,379 |
| Ryan Oelrich Professional Services | $121,273 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
14 private foundations reported grants to Innovia Foundation totaling $1.8M 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 Innovia Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Innovia Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Innovia Foundation spent in FY2025, $89.71 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Blue Mountain Community FoundationWalla Walla, WA · revenue $32M · programs 95.4% · FY2025
- The Dupage Community FoundationDowners Grove, IL · revenue $32M · programs 92.1% · FY2025
- Tournaments for CharityDublin, OH · revenue $32M · programs 90.0% · 2024
- The Global Orphan ProjectKansas City, MO · revenue $32M · programs 90.0% · 2024
- United Way of Greater Rochester and the Finger LakesRochester, NY · revenue $32M · programs 78.5% · FY2025
All philanthropy, voluntarism & grantmaking charities · Largest charities in Washington
Questions people ask
How much of Innovia Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Innovia Foundation reported that 89.7% of its $22.6 million in expenses went to program services, 8.7% to management and general and 1.6% to fundraising (Form 990, Part IX).
How much does Innovia Foundation pay its top executive?
The largest total compensation Innovia Foundation reported for one person in the fiscal year ending June 30, 2025 was $361,580, for the role of Chief Executive Officer (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Innovia Foundation get its money?
Of $32.0 million in revenue in the fiscal year ending June 30, 2025, 80.8% came from contributions and grants (including 13.6% from government grants) and 0.2% from program service revenue (Form 990, Part VIII).
Is Innovia Foundation a registered charity?
The IRS lists EIN 91-0941053 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
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349305323 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349305240 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349318101 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340899349300704 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201129349300910 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130909349301703 · read the filing
All filings for EIN 91-0941053: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.