Seattle International Foundation
Seattle International Foundation consistently reports 0% officer compensation amidst fluctuating revenues and expenses.
EIN: 208350995 · Seattle, WA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $4.3M |
| Program Spending | 80% |
| Net Assets | $3.3M |
| Transparency Score | 85/100 |
Is Seattle International Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seattle International Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seattle International Foundation
Seattle International Foundation (EIN: 208350995) is a nonprofit organization based in Seattle, WA, classified under NTEE code T30. The organization reported total revenue of $5.8M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seattle International Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seattle International Foundation is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-727,091 |
| Total Assets | $3.4M |
| Total Liabilities | $132K |
| Net Assets | $3.3M |
| Operating Margin | -20.4% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2023, Seattle International Foundation reported a deficit of $727K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Seattle International Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.1% | -12.5% | -17.4% |
| 2022 | +85.4% | +24.5% | +15.9% |
| 2021 | -22.1% | -37.9% | -24.5% |
| 2020 | -13.8% | +27.3% | -36.5% |
| 2019 | -21.2% | -25.8% | -8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Seattle International Foundation with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Seattle International Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $727K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with annual revenues in the millions and suggests a strong dedication to mission-focused spending or alternative compensation structures not captured as 'officer compensation'.
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 Seattle International Foundation's IRS 990 filings:
- Frequent operational deficits where expenses exceed revenue (e.g., 2023, 2021, 2020, 2019, 2018, 2017, 2016, 2014)
- Significant decline in total assets over the past decade, from $12.39M in 2014 to $3.41M in 2023.
Strengths
The following positive indicators were identified for Seattle International Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high dedication to mission-focused spending.
- Relatively low liabilities compared to assets, suggesting good debt management (e.g., $132,004 liabilities vs. $3,406,779 assets in 2023).
- Long history of IRS 990 filings (14 filings), indicating transparency and consistent reporting.
Frequently Asked Questions about Seattle International Foundation
Is Seattle International Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Seattle International Foundation (EIN: 208350995) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Seattle International Foundation spend its money?
Seattle International Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seattle International Foundation tax-deductible?
Seattle International Foundation is registered as a tax-exempt nonprofit (EIN: 208350995). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seattle International Foundation's spending goes to programs?
Seattle International Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seattle International Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Seattle International Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seattle International Foundation located?
Seattle International Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 208350995. It is classified under NTEE code T30.
How many years of IRS 990 filings does Seattle International Foundation have?
Seattle International Foundation has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.8M in total revenue.
Is Seattle International Foundation a good charity?
Based on the available data, Seattle International Foundation appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds to its mission. However, it has experienced periods where expenses exceeded revenue, such as in 2023 where expenses were $4,299,214 against revenues of $3,572,123, which could indicate reliance on reserves or other funding sources.
How has Seattle International Foundation's financial health changed over time?
Seattle International Foundation's financial health has seen fluctuations. While revenue has varied, assets have generally declined from a peak of $12,392,068 in 2014 to $3,406,779 in 2023. The organization has also frequently operated with expenses exceeding revenue, for example, in 2020, expenses were $6,351,698 against revenues of $3,813,825.
What is the trend in Seattle International Foundation's assets?
Seattle International Foundation's assets have shown a downward trend over the past decade, decreasing from $12,392,068 in 2014 to $3,406,779 in 2023. This suggests a reduction in the organization's financial reserves or investment holdings over this period.
Filing History
IRS 990 filing history for Seattle International Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Seattle International Foundation's revenue has grown by 314.9%, moving from $861K to $3.6M. Total assets decreased by 81.5% over the same period, from $18.4M to $3.4M. Total functional expenses rose by 58.1%, from $2.7M to $4.3M. In its most recent filing year (2023), Seattle International Foundation reported a deficit of $727K, with expenses exceeding revenue. The organization holds $132K in liabilities against $3.4M in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $4.3M | $3.4M | $132K | — | — |
| 2022 | $5.5M | $4.9M | $4.1M | $123K | — | View 990 |
| 2021 | $3.0M | $3.9M | $3.6M | $122K | — | View 990 |
| 2020 | $3.8M | $6.4M | $4.7M | $288K | — | View 990 |
| 2019 | $4.4M | $5.0M | $7.4M | $140K | — | View 990 |
| 2018 | $5.6M | $6.7M | $8.1M | $421K | — | View 990 |
| 2017 | $2.6M | $3.5M | $9.2M | $530K | — | View 990 |
| 2016 | $2.5M | $4.2M | $9.6M | $26K | — | View 990 |
| 2015 | $3.6M | $3.6M | $11.9M | $48K | — | View 990 |
| 2014 | $2.5M | $4.0M | $12.4M | $5K | — | View 990 |
| 2013 | $1.5M | $3.4M | $14.0M | $55K | — | View 990 |
| 2012 | $2.3M | $3.2M | $15.6M | $71K | — | View 990 |
| 2011 | $901K | $3.1M | $15.9M | $5K | — | View 990 |
| 2010 | $861K | $2.7M | $18.4M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $4.3M, and assets of $3.4M (revenue -35.1% year-over-year).
- 2022: Revenue of $5.5M, expenses of $4.9M, and assets of $4.1M (revenue +85.4% year-over-year).
- 2021: Revenue of $3.0M, expenses of $3.9M, and assets of $3.6M (revenue -22.1% year-over-year).
- 2020: Revenue of $3.8M, expenses of $6.4M, and assets of $4.7M (revenue -13.8% year-over-year).
- 2019: Revenue of $4.4M, expenses of $5.0M, and assets of $7.4M (revenue -21.2% year-over-year).
- 2018: Revenue of $5.6M, expenses of $6.7M, and assets of $8.1M (revenue +116.2% year-over-year).
- 2017: Revenue of $2.6M, expenses of $3.5M, and assets of $9.2M (revenue +5.6% year-over-year).
- 2016: Revenue of $2.5M, expenses of $4.2M, and assets of $9.6M (revenue -30.8% year-over-year).
- 2015: Revenue of $3.6M, expenses of $3.6M, and assets of $11.9M (revenue +43.3% year-over-year).
- 2014: Revenue of $2.5M, expenses of $4.0M, and assets of $12.4M (revenue +61.3% year-over-year).
- 2013: Revenue of $1.5M, expenses of $3.4M, and assets of $14.0M (revenue -34.0% year-over-year).
- 2012: Revenue of $2.3M, expenses of $3.2M, and assets of $15.6M (revenue +158.6% year-over-year).
- 2011: Revenue of $901K, expenses of $3.1M, and assets of $15.9M (revenue +4.7% year-over-year).
- 2010: Revenue of $861K, expenses of $2.7M, and assets of $18.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seattle International Foundation:
Data Sources and Methodology
This transparency report for Seattle International Foundation 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.