Aging in Pace Washington FY2023 filing

Tax-deductible

Seattle, WA501(c)(3)Since 2015Human ServicesEIN 81-0856014

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Aipace is a supporting organization, operated for the benefit of and to support international community health services.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $1.1M a year · 42% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
400 mo
of spending, in cash
Looks good: 399.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $9.7M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.3M
75% of total assets
Worth a look: liabilities are 75% of assets; over 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$714K
+41% vs prior year
Spent
$46K
To programs
0%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$714K
FY2023▲ +41%
Revenue by fiscal year
FY2020$779K
FY2021$704K
FY2022$505K
FY2023$714K
FY2024$412K
FY2025$12.1M
Expenses
$46K
FY2023▼ -96%
Expenses by fiscal year
FY2020$224K
FY2021$66K
FY2022$1.3M
FY2023$46K
FY2024$77K
FY2025$19.9M
Net assets
$1.1M
FY2023▲ +154%
Net assets by fiscal year
FY2020$542K
FY2021$1.2M
FY2022$433K
FY2023$1.1M
FY2024$1.4M
FY2025−$6.4M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2022.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $46K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Aging in Pace Washington 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

Provides all-inclusive care for elderly Asian Pacific Islanders.

Provided by the organization

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1 program service, described in the organization's own filed words · FY2023.
01

Aging in pace washington is a supporting organization, operated for the benefit of and to support international community health services's pace program. The pace program is an integrated model of care that enables medicare and medicaid beneficiaries aged 55 years old or older who are certified by their state as needing nursing home care…

Pt IX · col B

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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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$9.7M
Grants paid · 2 grants · $1.2M · 2022–2025

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$714K
Ln 12
Gifts and grantsLn 1h$687K
Investment incomeLn 3$37K
Money outPt IX
$46K
Ln 25
Managementcol C$46K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$4.4M
LiabilitiesLn 26$3.3M
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$687K
Government grantsLn 1e$27K
Noncash giftsLn 1g$128K
Fundraising eventsLn 1c$65K
Investment incomeLn 3$37K
Total revenueLn 12$714K
Assets in detailPt X, end of year
CashLn 1$1.5M
Cash and savings togetherLn 1–2$1.5M
Land, buildings, equipmentLn 10c$2.6M
Total assetsLn 16$4.4M
LiabilitiesLn 26$3.3M
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.1M$1.5M
Land, buildings, equipmentLn 10c$601K$2.6M
Total assetsLn 16$1.9M$4.4M
LiabilitiesLn 26$1.5M$3.3M
Net assetsLn 32$433K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$260$260
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$44K$44K
Office expensesLn 13$7$7
Conferences, conventions and meetingsLn 19$198$198
Other expenses (24a–d)Ln 24$113$113
Total functional expensesLn 25$46K$0$46K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.1M$19.9M−$7.8M−$6.4M 990 PDF
FY2024 $412K$77K$335K$1.4M 990 PDF
FY2023 Viewing $714K$46K$668K$1.1M 990 PDF
FY2022 $505K$1.3M−$748K$433K 990 PDF
FY2021 $704K$66K$638K$1.2M 990 PDF
FY2020 $779K$224K$555K$542K 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 $714,138 across 8 lines filed
VIII-1c Fundraising events$65,035
VIII-1e Government grants$26,881
VIII-1f All other contributions, gifts and grants$595,532
VIII-1g Noncash contributions (included above)$127,558
VIII-1h Total contributions, gifts and grants$687,448
VIII-3 Investment incomeExcluded from tax $37,335$37,335
VIII-8 Net income from fundraising eventsExcluded from tax −$10,645−$10,645
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $26,690$714,138
Part IX · Statement of functional expenses $46,488 across 6 lines filed
IX-11b Legal feesManagement $260$260
IX-11c Accounting feesManagement $2,363$2,363
IX-11g Other fees for servicesManagement $43,547$43,547
IX-13 Office expensesManagement $7$7
IX-19 Conferences, conventions and meetingsManagement $198$198
IX-24 Other expenses (24a–d)Management $113$113
IX-25 Total functional expensesPrograms $0 · Management $46,488 · Fundraising $0$46,488
Part X · Balance sheet $4,441,290 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $1,137,364$1,547,663
X-3 Pledges and grants receivableStart of year $145,900$326,092
X-10c Land, buildings and equipment, netStart of year $601,355$2,567,535
X-16 Total assetsStart of year $1,884,619$4,441,290
X-17 Accounts payable and accrued expensesStart of year $11,896$36,700
X-25 Other liabilitiesStart of year $1,439,859$3,304,076
X-26 Total liabilitiesStart of year $1,451,755$3,340,776
X-27 Net assets without donor restrictionsStart of year −$69$1,100,514
X-28 Net assets with donor restrictionsStart of year $432,933$0
X-32 Total net assets or fund balancesStart of year $432,864$1,100,514
X-33 Total liabilities and net assetsStart of year $1,884,619$4,441,290
Part XI · Reconciliation of net assets $1,100,514 net assets at year end
XI-1 Total revenue$714,138
XI-2 Total expenses$46,488
XI-3 Revenue less expenses$667,650
XI-4 Net assets at start of year$432,864
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,100,514

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

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