Naatik Projects
Nonprofit profile at a glance
- EIN
- 465665700
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2018
- Location
- Seattle, WA, USA
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $198,852
- Expenses
- $239,182
- Assets
- $15,606
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Iva Brooke Rosell (President)
People named in this filing
- Iva Brooke Rosell (President)
- Nancy Greenleese (Secretary)
- Nicole Perry (Member)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Naatik Projects raises funds and donates these funds to a nonprofit Mexican educational organization Instituto Toon Naatik. This amount is the total amount donated from Jan 1 - July 31 2025.
What it reported doing in 2024
Trilingual lending library: We assisted the funding for over 350 local Maya students and international students with a free lending library library activities coordinator free workshops and activities and intercultural activities to improve literacy provide access to reading materials and teach local and international students about different cultures and languages.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 14
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.2%; rating input score 89
- Program expense ratio: 74.1%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -20.3%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 19.4% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 17.3% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: -4.2% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 89.2% of revenue deployed · 74.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $177K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- 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 — Sustainability: Operating margin scored 8/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Growth: Asset growth scored 0/100.