Seattle Jobs Initiative
Nonprofit profile at a glance
- EIN
- 470900181
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Seattle, WA, USA
- Phone
- 2066286975
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $5,227,355
- Expenses
- $6,509,550
- Assets
- $3,102,805
- Liabilities
- $735,041
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- RYAN DAVIS (EXECUTIVE DIRECTOR)
Highest reported compensation
- RYAN DAVIS (EXECUTIVE DIRECTOR): $223,167 total reported compensation
- BRANDON ANAYA (MANAGING DIR, CONSULTING & POLICY): $182,935 total reported compensation
- STEPHANIE MANGUNE (VP OF HUMAN RESOURCES): $178,953 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Seattle jobs initiative (sji) creates opportunities for people to support themselves and their families through living-wage careers.
What it reported doing in 2024
Consulting and technical assistancesji's consulting team helps government, educational institutions, funders, workforce systems and providers to design, implement and fund more effective programs and services aimed at helping people access training, support and living-wage careers. We are the nation's leading expert helping state and local governments and their provider partners operationalize and grow their snap e&t programs.
Operating model
- Revenue model
- Grant-funded. 62% of the money available for current operations came from government grants.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 14
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.5%; rating input score 98
- Program expense ratio: 79.1%; rating input score 79
- Fundraising efficiency: $11.84 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -24.5%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 17.8%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 98.5% of revenue deployed · 79.1% of spending went to programs
- Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $5.1M in reported program spending
- Leadership: top reported pay $223K · 15 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $203K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.