U District Square

Nonprofit profile at a glance

EIN
462562006
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Seattle, WA, USA
Phone
2065474092
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy

Reported finances

Revenue
$52,275
Expenses
$59,553
Assets
$8,899
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Cory Crocker (President)

People named in this filing

  • Cory Crocker (President)
  • Marshall Bender (Treasurer)

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

To promote community development and cultural enrichment by advancing placemaking advocacy and cultural programming that enhances walkability, livability, and economic vitality in the University District.

What it reported doing in 2025

In the summer of 2025, we activated a privately owned public space into a destination for people to gather, dine, dance, and watch movies together. This considerable effort was borne by dozens of volunteers committed to urban placemaking and by local stakeholders who experienced how their street could attract more folks to visit, and linger. We also hosted a public engagement booth at the U District Streetfair, among other volunteer-powered events.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. 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: 51
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.2%; rating input score 53
  • Program expense ratio: 46.7%; rating input score 47

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -13.9%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 35.1%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -57.6% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -12.2% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -58% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 53.2% of revenue deployed · 46.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $28K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.
  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.