Boardready

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Providing educational resources and opportunities to qualified and diverse board candidates in order to expand networks in corporate boardrooms

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-3530731) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 15 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Spent on programs
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
0.7 mo
of spending, in cash
0.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$32K
46% of total assets
Liabilities are 46% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$286K
+367% vs prior year
Spent
$173K
To programs
74%
Net assets
$37K
By yearFY2024–FY2025
Revenue
$286K
FY2025▲ +367%
Tap a bar for its year
Revenue by fiscal year
FY2024$61K
FY2025$286K
Net assets
$37K
FY2025▲ +149%
Tap a bar for its year
Net assets by fiscal year
FY2024−$76K
FY2025$37K

From the FY2025 Form 990 · see the original

Is it real?

Yes. Exemption reinstated (2022-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jan 2025.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $128K Management & general 26% · $44K

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

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Managing Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Boardready executive salaries →

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 15aYes

Programs and updates

Boardready is a nonprofit based in Seattle, WA, formed in 2024.

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1 program · $128K · in their own filed words · FY2025
01

Board Engagement Services

BoardReady provides board engagement services that connect organizations with highly qualified, board-ready executives for corporate board roles. Through a structured process that includes discovery, candidate identification, and facilitated introductions, BoardReady supports companies in expanding their networks beyond traditional…

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-3530731) · Dispute this line
$128Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$286K
Ln 12
Gifts and grantsLn 1h$241K
Fees for servicesLn 2g$46K
Investment incomeLn 3$11
Money outPt IX
$173K
Ln 25
Programscol B$128K
Managementcol C$44K
Owns and owesPt X
$37K
net assets · Ln 32
Cash and savingsLn 1–2$11K
Total assetsLn 16$69K
LiabilitiesLn 26$32K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$241K
Fees for servicesLn 2g$46K
Investment incomeLn 3$11
Total revenueLn 12$286K
Assets in detailPt X, end of year
CashLn 1$11K
Cash and savings togetherLn 1–2$11K
Accounts receivableLn 4$55K
Prepaid expenses and deferred chargesLn 9$147
Intangible assetsLn 14$3K
Total assetsLn 16$69K
LiabilitiesLn 26$32K
Net assetsLn 32$37K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
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 FY25End FY25
Cash and savingsLn 1–2$9K$11K
Total assetsLn 16$13K$69K
LiabilitiesLn 26$89K$32K
Net assetsLn 32−$76K$37K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$1K$0$1K$0
Accounting feesLn 11c$2K$0$2K$0
Other fees for servicesLn 11g$147K$111K$36K$0
Office expensesLn 13$449$337$112$0
Information technologyLn 14$4K$3K$1K$0
TravelLn 17$8K$6K$2K$0
Depreciation, depletion and amortizationLn 22$397$0$397$0
InsuranceLn 23$2K$1K$494$0
Other expenses (24a–d)Ln 24$8K$7K$894$0
Total functional expensesLn 25$173K$128K$44K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 6, 2026 $286K$173K$114K$37K 990 PDF
FY2024Filed with the IRS Apr 1, 2025 $61K−$76K 990 PDF

Schedules filed Part IV

A · Public support B · Donors L · Interested persons O · Explanations
See the full FY2025 990
Part I · Summary $286,289 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $21,240$240,515
I-9 Program service revenuePrior year $40,000$45,763
I-10 Investment incomePrior year $2$11
I-11 Other revenue$0
I-12 Total revenuePrior year $61,242$286,289
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $82,588$172,673
I-18 Total expensesPrior year $82,588$172,673
I-19 Revenue less expensesPrior year −$21,346$113,616
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $286,289 across 5 lines filed
VIII-1f All other contributions, gifts and grants$240,515
VIII-1h Total contributions, gifts and grants$240,515
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$45,763
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $11$11
VIII-12 Total revenueRelated to mission $45,763 · Unrelated business $0 · Excluded from tax $11$286,289
Part IX · Statement of functional expenses $172,673 across 9 lines filed
IX-11b Legal feesPrograms $0 · Management $1,400 · Fundraising $0$1,400
IX-11c Accounting feesPrograms $0 · Management $1,503 · Fundraising $0$1,503
IX-11g Other fees for servicesPrograms $110,594 · Management $36,322 · Fundraising $0$146,916
IX-13 Office expensesPrograms $337 · Management $112 · Fundraising $0$449
IX-14 Information technologyPrograms $3,365 · Management $1,121 · Fundraising $0$4,486
IX-17 TravelPrograms $6,021 · Management $2,007 · Fundraising $0$8,028
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $397 · Fundraising $0$397
IX-23 InsurancePrograms $1,482 · Management $494 · Fundraising $0$1,976
IX-24 Other expenses (24a–d)Programs $6,624 · Management $894 · Fundraising $0$7,518
IX-25 Total functional expensesPrograms $128,423 · Management $44,250 · Fundraising $0$172,673
Part X · Balance sheet $69,061 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $9,361$10,701
X-4 Accounts receivable$55,000
X-9 Prepaid expenses and deferred chargesStart of year $71$147
X-14 Intangible assetsStart of year $3,610$3,213
X-16 Total assetsStart of year $13,042$69,061
X-17 Accounts payable and accrued expensesStart of year $9,748$31,753
X-22 Loans from officers and insidersStart of year $79,602$0
X-26 Total liabilitiesStart of year $89,350$31,753
X-27 Net assets without donor restrictionsStart of year −$76,308$37,308
X-32 Total net assets or fund balancesStart of year −$76,308$37,308
X-33 Total liabilities and net assetsStart of year $13,042$69,061
Part XI · Reconciliation of net assets $37,308 net assets at year end
XI-1 Total revenue$286,289
XI-2 Total expenses$172,673
XI-3 Revenue less expenses$113,616
XI-4 Net assets at start of year−$76,308
XI-10 Net assets at end of year$37,308

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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