Naatik Projects FY2023 filing

Tax-deductible

Seattle, WA501(c)(3)EducationEIN 46-5665700

To raise funding for language and cultural education in Mexico.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$226K
+31% vs prior year
Spent
$236K
To programs
99%
Net assets
$86K
By yearFY2020–FY2024
Revenue
$226K
FY2023▲ +31%
Revenue by fiscal year
FY2020$73K
FY2021$92K
FY2022$172K
FY2023$226K
FY2024$124K
Net assets
$86K
FY2023▼ -7%
Net assets by fiscal year
FY2020$61K
FY2021$70K
FY2022$92K
FY2023$86K
FY2024$56K

From the FY2023 Form 990 · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $234K Management & general 0% · $190 Fundraising 1% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Naatik Projects executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds language and cultural education programs in Mexico.

Provided by the organization

This section is blank until Naatik Projects claims this page.

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1 program service account for $234K of program spending, described in the organization's own filed words · FY2023.
01

Spanish and Maya Language programs for the Mexican nonprofit Instituto Toon Naatik in Mexico.

$234Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$226K
Ln 12
Fees for servicesLn 2g$151K
Gifts and grantsLn 1h$75K
Investment incomeLn 3$34
Money outPt IX
$236K
Ln 25
Programscol B$234K
Managementcol C$190
Fundraisingcol D$2K
Owns and owesPt X
$86K
net assets · Ln 32
Cash and savingsLn 1–2$86K
Total assetsLn 16$86K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$75K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$151K
Investment incomeLn 3$34
Total revenueLn 12$226K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$86K
Cash and savings togetherLn 1–2$86K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$86K
LiabilitiesLn 26$0
Net assetsLn 32$86K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$96K$86K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$96K$86K
LiabilitiesLn 26$0$0
Net assetsLn 32$96K$86K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$188K$188K
Management feesLn 11a$892$421$0$471
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$100$0$100$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$1K$1K
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$6K$6K$0$0
Office expensesLn 13$0$0$0$0
Information technologyLn 14$4K$4K$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$2K$2K$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$0$0$0$0
Other expenses (24a–d)Ln 24$34K$34K$90$0
Total functional expensesLn 25$236K$234K$190$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $124K$56K 990 PDF
FY2023 Viewing $226K$236K−$10K$86K 990 PDF
FY2022 $172K$92K 990 PDF
FY2021 $92K$70K 990 PDF
FY2020 $73K$61K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $225,989 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$74,970
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$74,970
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $150,985 · Unrelated business $0 · Excluded from tax $0$150,985
VIII-3 Investment incomeRelated to mission $34 · Unrelated business $0 · Excluded from tax $0$34
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $151,019 · Unrelated business $0 · Excluded from tax $0$225,989
Part IX · Statement of functional expenses $236,319 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $188,231$188,231
IX-11a Management feesPrograms $421 · Management $0 · Fundraising $471$892
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $100 · Fundraising $0$100
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $1,385$1,385
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $5,595 · Management $0 · Fundraising $0$5,595
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-14 Information technologyPrograms $4,048 · Management $0 · Fundraising $0$4,048
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $1,733 · Management $0 · Fundraising $0$1,733
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Programs $34,245 · Management $90 · Fundraising $0$34,335
IX-25 Total functional expensesPrograms $234,273 · Management $190 · Fundraising $1,856$236,319
Part X · Balance sheet $85,725 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $96,055$85,725
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $96,055$85,725
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $96,055$85,725
X-33 Total liabilities and net assetsStart of year $96,055$85,725
Part XI · Reconciliation of net assets $85,725 net assets at year end
XI-1 Total revenue$225,989
XI-2 Total expenses$236,319
XI-3 Revenue less expenses−$10,330
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$85,725

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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