International Place Council

International Place Council consistently operates at a deficit, drawing down assets over the past decade.

EIN: 202304455 · Lakewood, WA · NTEE: L22 · Updated: 2026-03-28

$533KRevenue

$4.1MAssets

55/100Mission Score (Fair)

L22

About International Place Council

International Place Council (EIN: 202304455) is a nonprofit organization based in Lakewood, WA, classified under NTEE code L22. The organization reported total revenue of $533K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Place Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

International Place Council demonstrates a concerning trend of operating at a deficit, with expenses consistently exceeding revenue over the past decade. For instance, in 2023, expenses were $618,592 against revenues of $485,399, indicating a significant shortfall. This sustained deficit has led to a gradual decline in assets, from $5,992,009 in 2014 to $4,256,539 in 2023, suggesting the organization is drawing down its reserves to cover operational costs. While the organization reports 0% officer compensation, which is a positive sign for resource allocation, the overall financial sustainability is questionable given the persistent negative net income.

The organization's transparency appears adequate based on the available 990 filings, with consistent reporting over many years. However, the financial health is a significant concern. The continuous decline in assets and the consistent spending beyond its means raise questions about its long-term viability and ability to sustain its programs without a change in financial strategy. A detailed breakdown of expenses (program, administrative, fundraising) from the 990s would be crucial for a more precise assessment of spending efficiency, but the overall picture points to an organization struggling to match its expenditures with its income.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Place Council with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, International Place Council allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size with over $4 million in assets and over $400,000 in annual revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of International Place Council's IRS 990 filings:

Consistent operating deficits (e.g., $133,193 deficit in 2023)
Declining asset base over the past decade (from $5.99M in 2014 to $4.25M in 2023)
Expenses consistently exceeding revenue for multiple years
Unusually low liabilities relative to assets, potentially indicating reliance on reserves rather than debt for shortfalls
0% officer compensation for an organization of this size, which can sometimes mask compensation or indicate an unsustainable volunteer model for leadership.

Strengths

The following positive indicators were identified for International Place Council:

Consistent filing history (13 filings) indicating transparency in reporting
No reported officer compensation, suggesting resources are not being used for executive salaries
Relatively low liabilities compared to assets, indicating a low debt burden

Frequently Asked Questions about International Place Council

Is International Place Council financially sustainable?

Based on the consistent deficits (e.g., $485,399 revenue vs. $618,592 expenses in 2023) and declining assets over the past decade, the organization's financial sustainability is a significant concern.

Why are assets declining?

Assets have declined from $5,992,009 in 2014 to $4,256,539 in 2023, primarily because expenses have consistently exceeded revenue, forcing the organization to use its reserves to cover operational costs.

What is the reason for 0% officer compensation?

The filings consistently report 0% officer compensation, which could indicate that leadership is entirely volunteer-based or compensated through other means not classified as officer compensation, requiring further investigation.

Filing History

IRS 990 filing history for International Place Council showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2023), International Place Council's revenue has grown by 88.6%, moving from $257K to $485K. Total assets decreased by 34.5% over the same period, from $6.5M to $4.3M. Total functional expenses rose by 49.5%, from $414K to $619K. In its most recent filing year (2023), International Place Council reported a deficit of $133K, with expenses exceeding revenue. The organization holds $60K in liabilities against $4.3M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $4.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$485K	$619K	$4.3M	$60K	—	—
2022	$432K	$670K	$4.4M	$76K	—	View 990
2021	$375K	$589K	$4.7M	$96K	—	View 990
2020	$358K	$558K	$4.8M	$60K	—	—
2019	$353K	$564K	$5.0M	$35K	—	View 990
2018	$339K	$515K	$5.2M	$13K	—	View 990
2017	$332K	$574K	$5.4M	$25K	—	View 990
2016	$313K	$503K	$5.6M	$16K	—	View 990
2015	$332K	$497K	$5.8M	$16K	—	View 990
2014	$312K	$480K	$6.0M	$27K	—	View 990
2013	$287K	$488K	$6.2M	$22K	—	View 990
2012	$171K	$293K	$6.4M	$23K	—	View 990
2012	$257K	$414K	$6.5M	$25K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $485K, expenses of $619K, and assets of $4.3M (revenue +12.4% year-over-year).
2022: Revenue of $432K, expenses of $670K, and assets of $4.4M (revenue +15.2% year-over-year).
2021: Revenue of $375K, expenses of $589K, and assets of $4.7M (revenue +4.8% year-over-year).
2020: Revenue of $358K, expenses of $558K, and assets of $4.8M (revenue +1.4% year-over-year).
2019: Revenue of $353K, expenses of $564K, and assets of $5.0M (revenue +4.1% year-over-year).
2018: Revenue of $339K, expenses of $515K, and assets of $5.2M (revenue +2.3% year-over-year).
2017: Revenue of $332K, expenses of $574K, and assets of $5.4M (revenue +5.9% year-over-year).
2016: Revenue of $313K, expenses of $503K, and assets of $5.6M (revenue -5.5% year-over-year).
2015: Revenue of $332K, expenses of $497K, and assets of $5.8M (revenue +6.3% year-over-year).
2014: Revenue of $312K, expenses of $480K, and assets of $6.0M (revenue +8.9% year-over-year).
2013: Revenue of $287K, expenses of $488K, and assets of $6.2M (revenue +67.4% year-over-year).
2012: Revenue of $171K, expenses of $293K, and assets of $6.4M (revenue -33.5% year-over-year).
2012: Revenue of $257K, expenses of $414K, and assets of $6.5M.

Data Sources and Methodology

This transparency report for International Place Council is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.