Washington Business Alliance Fund
EIN: 352460900 · Seattle, WA · NTEE: S11
| Metric | Value |
|---|---|
| Total Revenue | $13.0M |
| Total Expenses | $422K |
| Net Assets | $-148,962 |
Is Washington Business Alliance Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washington Business Alliance Fund
Washington Business Alliance Fund (EIN: 352460900) is a nonprofit organization based in Seattle, WA, classified under NTEE code S11. The organization reported total revenue of $13.0M and total assets of $570K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Business Alliance Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Business Alliance Fund is a large nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $186K |
| Total Expenses | $422K |
| Surplus / Deficit | $-236,223 |
| Total Assets | $81K |
| Total Liabilities | $230K |
| Net Assets | $-148,962 |
| Operating Margin | -127.1% |
| Debt-to-Asset Ratio | 284.6% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2023, Washington Business Alliance Fund reported a deficit of $236K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 284.6% (high leverage).
Financial Trends
Over 10 years of filings (2013–2023), Washington Business Alliance Fund's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.2% | +17.5% | -38.2% |
| 2022 | +28.0% | +268.8% | +218.7% |
| 2021 | -15.5% | -83.5% | -57.5% |
| 2020 | +104.5% | +251.4% | +92.8% |
| 2019 | +21.3% | +29.4% | +49.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washington Business Alliance Fund 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 Washington Business Alliance Fund 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $236K, with expenses exceeding revenue.
- Debt-to-asset ratio: 284.6%.
Frequently Asked Questions about Washington Business Alliance Fund
Is Washington Business Alliance Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington Business Alliance Fund (EIN: 352460900) insufficient data. 0 red flags identified, 0 strengths noted.
How does Washington Business Alliance Fund spend its money?
Detailed spending breakdown data is not yet available for Washington Business Alliance Fund. Check back for updated IRS 990 analysis.
Are donations to Washington Business Alliance Fund tax-deductible?
Washington Business Alliance Fund is registered as a tax-exempt nonprofit (EIN: 352460900). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washington Business Alliance Fund located?
Washington Business Alliance Fund is headquartered in Seattle, Washington and files with the IRS under EIN 352460900. It is classified under NTEE code S11.
How many years of IRS 990 filings does Washington Business Alliance Fund have?
Washington Business Alliance Fund has 10 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 $13.0M in total revenue.
Filing History
IRS 990 filing history for Washington Business Alliance Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Washington Business Alliance Fund's revenue has declined by 42.1%, moving from $321K to $186K. Total assets increased by 81.5% over the same period, from $44K to $81K. Total functional expenses rose by 51.3%, from $279K to $422K. In its most recent filing year (2023), Washington Business Alliance Fund reported a deficit of $236K, with expenses exceeding revenue. The organization holds $230K in liabilities against $81K in assets (debt-to-asset ratio: 284.6%), resulting in net assets of $-148,962.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $186K | $422K | $81K | $230K | — | — |
| 2022 | $406K | $359K | $131K | $43K | — | View 990 |
| 2021 | $317K | $97K | $41K | $242 | — | View 990 |
| 2020 | $375K | $590K | $96K | $275K | — | View 990 |
| 2019 | $183K | $168K | $50K | $14K | — | View 990 |
| 2018 | $151K | $130K | $33K | $12K | — | View 990 |
| 2017 | $357K | $440K | $14K | $14K | — | View 990 |
| 2016 | $629K | $552K | $94K | $11K | — | View 990 |
| 2014 | $411K | $419K | $48K | $14K | — | View 990 |
| 2013 | $321K | $279K | $44K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186K, expenses of $422K, and assets of $81K (revenue -54.2% year-over-year).
- 2022: Revenue of $406K, expenses of $359K, and assets of $131K (revenue +28.0% year-over-year).
- 2021: Revenue of $317K, expenses of $97K, and assets of $41K (revenue -15.5% year-over-year).
- 2020: Revenue of $375K, expenses of $590K, and assets of $96K (revenue +104.5% year-over-year).
- 2019: Revenue of $183K, expenses of $168K, and assets of $50K (revenue +21.3% year-over-year).
- 2018: Revenue of $151K, expenses of $130K, and assets of $33K (revenue -57.6% year-over-year).
- 2017: Revenue of $357K, expenses of $440K, and assets of $14K (revenue -43.2% year-over-year).
- 2016: Revenue of $629K, expenses of $552K, and assets of $94K (revenue +52.9% year-over-year).
- 2014: Revenue of $411K, expenses of $419K, and assets of $48K (revenue +28.2% year-over-year).
- 2013: Revenue of $321K, expenses of $279K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Business Alliance Fund:
Data Sources and Methodology
This transparency report for Washington Business Alliance Fund 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.