188 Foundation
Nonprofit profile at a glance
- EIN
- 872767781
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2021
- Location
- Newcastle, WA, USA
- Phone
- 5126953628
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $68,484
- Expenses
- $67,659
- Assets
- $9,896
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JEFF BAKER (CEO)
People named in this filing
- LAURA HOFFNER (CO FOUNDER/COO UNTIL OCTOBER 2025)
- RODERICK JONES (EXECUTIVE CHAIRMAN)
- JEFF BAKER (CEO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The 188 foundation is a direct philanthropy alliance formed by our generous donors, concentrics elite network an innate capability, and our carefully curated partners. The foundation sits within a unique trifurcation of capability, access, and need. Due to our unique position, we believe its our moral responsibility and honor to assist those who need it most. Rescuing just one person creates perpetual ripples, affecting many. We inherently know that effort will always be worth it. When our donors commit to supporting 188, their donation is directly tied to a mission. Within days, we can provide faces of those rescued by our donors funds. We use less than 1 of our donations on overhead. When donations exceed rescue operations, we identify pivotal partners and enable their operations through financial support. We understand our capability is a very specific and unique part of humanitarian relief and are careful to consider, support, and respect what comes before and after our efforts.
What it reported doing in 2025
Support gaza families - in march, we started our partnership with gaza sky geeks to enable exfiltration out of gaza. Gaza sky geeks used our 501(c)3 status to receive donations and we sent the funds to individuals in gaza. From march to august, we enabled 111 people out of gaza and into cairo. The border indefinitely closed in august. Since, we have sent $69,500 of the donated funds to contacts in gaza for the purchase of food, tents, diapers, and other basic necessities within gaza due to a lack of aid available in the region and goods are going for 10x their pre-war costs.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.6%; rating input score 98
- Program expense ratio: 98.8%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.2%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -10.5% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -43.7% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -76.8% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 97.6% of revenue deployed · 98.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.