Puget Sound Opportunties Industrialization Center
EIN: 912036279 · Renton, WA · NTEE: P84
About Puget Sound Opportunties Industrialization Center
Puget Sound Opportunties Industrialization Center (EIN: 912036279) is a nonprofit organization based in Renton, WA, classified under NTEE code P84. The organization reported total revenue of $1.1M and total assets of $685K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Puget Sound Opportunties Industrialization Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Puget Sound Opportunties Industrialization Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Puget Sound Opportunties Industrialization Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Puget Sound Opportunties Industrialization Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Puget Sound Opportunties Industrialization Center's revenue has grown by 57.6%, moving from $454K to $716K. Total assets increased by 292.9% over the same period, from $105K to $412K. Total functional expenses rose by 37.4%, from $425K to $584K. In its most recent filing year (2023), Puget Sound Opportunties Industrialization Center reported a surplus of $132K, with revenue exceeding expenses. The organization holds $45K in liabilities against $412K in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $367K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $716K | $584K | $412K | $45K | — | — |
| 2022 | $606K | $460K | $305K | $16K | — | View 990 |
| 2021 | $601K | $509K | $173K | $29K | — | — |
| 2020 | $740K | $593K | $141K | $90K | — | — |
| 2019 | $464K | $602K | $101K | $197K | — | View 990 |
| 2018 | $635K | $627K | $147K | $103K | — | View 990 |
| 2017 | $586K | $603K | $98K | $73K | — | View 990 |
| 2016 | $541K | $533K | $86K | $51K | — | View 990 |
| 2015 | $473K | $501K | $96K | $80K | — | View 990 |
| 2014 | $441K | $479K | $66K | $21K | — | View 990 |
| 2013 | $474K | $517K | $110K | $91K | — | View 990 |
| 2012 | $543K | $489K | $133K | $72K | — | View 990 |
| 2011 | $454K | $425K | $105K | $84K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $716K, expenses of $584K, and assets of $412K (revenue +18.2% year-over-year).
- 2022: Revenue of $606K, expenses of $460K, and assets of $305K (revenue +0.9% year-over-year).
- 2021: Revenue of $601K, expenses of $509K, and assets of $173K (revenue -18.9% year-over-year).
- 2020: Revenue of $740K, expenses of $593K, and assets of $141K (revenue +59.4% year-over-year).
- 2019: Revenue of $464K, expenses of $602K, and assets of $101K (revenue -26.9% year-over-year).
- 2018: Revenue of $635K, expenses of $627K, and assets of $147K (revenue +8.3% year-over-year).
- 2017: Revenue of $586K, expenses of $603K, and assets of $98K (revenue +8.4% year-over-year).
- 2016: Revenue of $541K, expenses of $533K, and assets of $86K (revenue +14.4% year-over-year).
- 2015: Revenue of $473K, expenses of $501K, and assets of $96K (revenue +7.2% year-over-year).
- 2014: Revenue of $441K, expenses of $479K, and assets of $66K (revenue -7.0% year-over-year).
- 2013: Revenue of $474K, expenses of $517K, and assets of $110K (revenue -12.6% year-over-year).
- 2012: Revenue of $543K, expenses of $489K, and assets of $133K (revenue +19.4% year-over-year).
- 2011: Revenue of $454K, expenses of $425K, and assets of $105K.
Data Sources and Methodology
This transparency report for Puget Sound Opportunties Industrialization Center 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.