Seattle Seahawks Charitable Foundation

Nonprofit profile at a glance

EIN
911680811
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-EZ 2013, Form 990-T 2024
Location
Renton, WA, USA
Phone
2063422000
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Corporate Foundations

Official website

Reported finances

Revenue
$829,360
Expenses
$812,508
Assets
$228,312
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JO LYNN ALLEN (PRESIDENT/DIRECTOR)
  • KAREN SPENCER (VICE PRESIDENT/TREASURER/D)
  • DANIELLE HARPER (VICE PRESIDENT)

People named in this filing

  • JO LYNN ALLEN (PRESIDENT/DIRECTOR)
  • MARIO BAILEY (DIRECTOR)
  • BECCA STOUT (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation is organized to operate exclusively for charitable, scientific, or educational purposes within the meaning of section 501(c)(3) of the internal revenue code. The foundation provides youth and young adults access to outstanding academic, athletic and health programs that improve their quality of life and improve their prospects for the future. To achieve this mission, the foundation supports the following: work of like-minded organizations by participating in charity fundraisers, arranging players' appearances, and providing financial support; health programs that increase awareness of the health concerns that affect youth; promotion of fitness and health awareness through construction of playgrounds and fitness centers that serve youth; and organizations that are seeking cures for childhood diseases.

What it reported doing in 2024

Since its inception, the foundation has taken an active role to expand and enhance the seahawks' ability to raise and distribute funds for charitable purposes in the pacific northwest. The foundation makes grants and contributions to public charities that serve the needs of children in the community. The foundation makes these grants and contributions to pacific northwest charities qualified for tax exemption under irc section 501(c)(3) and qualified as public charities under irc sections 509(a)(1) or 509(a)(2). The foundation supports charities whose purpose and programs are consistent with the primary exempt purpose of the foundation. The foundation generates funds by holding special events that capitalize on the foundation's association with the seahawks, seattle's national football league professional football team. Since 2004, the foundation has held "the spirit of 12" program, implementing in the 2022 season the 50/50 raffle, whereby the foundation collaborates with local nonprofit organizations that serve our community to raise money at seahawks home games to benefit local charities.

Operating model

Revenue model
Other-operating. 66% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 85% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 85
  • Accountability: 88
  • Sustainability: 44
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.8%; rating input score 97
  • Program expense ratio: 98.8%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 84.8%; rating input score 85; 36th percentile among comparable filings
  • 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: -1.8% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 96.8% of revenue deployed · 98.8% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $802K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 13 filed related-organization links
  • 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 — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.