Institute for Networked Communities

Bainbridge Island, WAUnknown exempt organization EIN 84-5055085Revenue $26K in FY2023Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSnextgensectorpartnerships.comBainbridge Island, WA

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To provide research, program advising, facilitation and guidance to public sector agencies and community partners that help them build stronger connections between regional labor markets and unemployed and underemployed individuals seeking meaningful employment.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-5055085) · Dispute this line
69¢ of each $1 spent went to programs.
$22K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $79K a year · 177% of revenue · last 2 filings
A surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
69%
of spending
69% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$22K
to officers and key staff · 17% of spending
Pay to officers and key staff is 17% of spending.
Part VII, Section A
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$26K
-58% vs prior year
Spent
$129K
To programs
69%
Net assets
$0
By yearFY2022–FY2023
Revenue
$26K
FY2023▼ -58%
Tap a bar for its year
Revenue by fiscal year
FY2022$63K
FY2023$26K
Expenses
$129K
FY2023▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2022$117K
FY2023$129K
Net assets
$0
FY2023▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2022$103K
FY2023$0

From the FY2023 Form 990 (year ending June 2023) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2022.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $89K Management & general 31% · $40K

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

4 people listed on the 990; $22K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President/Treasurer
$19,283Pt VII · Sec A
Vice President/Secretary
$3,100Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022
Lindsey Woolsey$3,100$58,033
Francie Genz$19,283$51,576

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Institute for Networked Communities 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 15aNo

Programs and updates

Connects job seekers with employers through research and guidance for public agencies.

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1 program · $89K · in their own filed words · FY2022
01

We design, facilitation and learning from a rural network of next gen sector partnerships, resulting in a rural community of practice and a rural field guide. We will create continuous management and peer connections across a 20-STATE community of practice during covid and its AFTERMATH.WE also will create a national benchmarking study…

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-5055085) · Dispute this line
$89Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$26K
Ln 12
Fees for servicesLn 2g$26K
Money outPt IX
$129K
Ln 25
Programscol B$89K
Managementcol C$40K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$26K
Total revenueLn 12$26K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
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$103K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$103K$0
LiabilitiesLn 26$0$0
Net assetsLn 32$103K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$124K$87K$37K
Accounting feesLn 11c$3K$3K
Office expensesLn 13$2K$2K
Other expenses (24a–d)Ln 24$422$422
Total functional expensesLn 25$129K$89K$40K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Apr 15, 2024 $26K$129K−$103K$0 990 PDF
FY2022Filed with the IRS May 15, 2023 $63K$117K−$54K$103K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $26,106 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $62,566$26,106
I-10 Investment incomePrior year $20$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $62,586$26,106
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $105,244$124,237
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,260$5,039
I-18 Total expensesPrior year $116,504$129,276
I-19 Revenue less expensesPrior year −$53,918−$103,170
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $26,106 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $26,106$26,106
VIII-12 Total revenueRelated to mission $26,106 · Unrelated business $0 · Excluded from tax $0$26,106
Part IX · Statement of functional expenses $129,276 across 4 lines filed
IX-7 Other salaries and wagesPrograms $86,966 · Management $37,271$124,237
IX-11c Accounting feesManagement $2,800$2,800
IX-13 Office expensesPrograms $1,817$1,817
IX-24 Other expenses (24a–d)Management $422$422
IX-25 Total functional expensesPrograms $88,783 · Management $40,493 · Fundraising $0$129,276
Part X · Balance sheet $0 assets, 22 lines filed
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $103,170$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $103,170$0
X-26 Total liabilitiesStart of year $0$0
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $103,170$0
X-32 Total net assets or fund balancesStart of year $103,170$0
X-33 Total liabilities and net assetsStart of year $103,170$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$26,106
XI-2 Total expenses$129,276
XI-3 Revenue less expenses−$103,170
XI-4 Net assets at start of year$103,170
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

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

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