NAIOP Washington State Foundation
Nonprofit profile at a glance
- EIN
- 510445981
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Redmond, WA, USA
- Phone
- 2063829121
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $120,094
- Expenses
- $110,095
- Assets
- $202,995
- Liabilities
- $28,800
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Travis Hale (Past President)
- Danny Jackson (President)
- Chris Rossman (President Elect)
People named in this filing
- Danielle Duvall (Executive Dir.)
- Ben Waiss (Director)
- Carrie Gartside Anthony (Director)
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
To provide opportunities for the Washington State Chapter of the NAIOP and its members to engage in service projects to benefit nonprofit organizations and public institutions that improve the quality of life in the state, expand diversity and inclusion efforts in commercial real estate development, and provide financial support to students and academic institutions in the field of commercial real estate.
What it reported doing in 2024
Community Enhancement Projects - Since 1990, members have made financial contributions, donated construction materials, and given hours of their time and labor to make NAIOP's community enhancement projects successful. Past projects have included Ryther Child Center, where we provided painting, fence building, new playground, and shed construction for troubled kids and teens trying to rebuild their lives; Des Moines State Beach Park included construction of salmon observation platforms and a local waterway; and the construction of fences at an area park, and the restoration of the Senior Center; and Seattle Children's Home which included renovation of the gymnasium and teen center for troubled youths.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 100
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53%; rating input score 53
- Program expense ratio: 57.8%; rating input score 58
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: 8.3%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 1.84; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1.3% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 53% of revenue deployed · 57.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $64K in reported program spending
- Leadership: top reported pay $0 · 21 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.