Seatac Bmx EIN 87-3484962 Form 990 (PDF) Claim this org

Seatac Bmx

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Encourages youth participation in BMX racing activities. For fiscal year 2025 it reported $696K in revenue, $606K in expenses, and $198K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Youth Development
Location
Maple Valley, WA
Website
seatacbmx.com
Filings
4 on file (2022–2025)
Revenue
$696KFY2025
Expenses
$606K
Net assets
$198K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-3484962 Public charity (501(c)(3)) Maple Valley, WA Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
Encourages youth participation in BMX racing activities.
Leadership
John Montgomery · President
Money in and out
$696K revenue, $606K expenses
Bottom line
90% program efficiency
Where the money goes · FY2025
Total revenue
$696K
Pt VIII · Ln 12
Total expenses
$606K
Pt IX · Ln 25
Net assets
$198K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $90K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate▼ -42% vs prior filing year
Surplus margin
+13%
revenue over expenses, this year▼ -22% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$696K
FY2025▲ +79%
Expenses
$606K
FY2025▲ +87%
Total assets
$198K
FY2025▼ -69%
Total liabilities
$0
FY2025
Total revenue
$696K
Pt VIII · Ln 12
Total expenses
$606K
Pt IX · Ln 25
Net assets
$198K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$90K
Total assetsPt X · Ln 16$198K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSeatac Bmx
EINHdr · item D87-3484962
Principal addressHdr · item CMaple Valley, WA
WebsiteHdr · item Jseatacbmx.com
Year of formationHdr · item L2021
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $544K of program spending, described in the organization's own filed words · FY2025.
01

Improve and increase BMX racing in Seatac.

$544Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$509K · 73%
Program service revenue$212K · 30%
Contributions & grants73%$509K
Program service revenue30%$212K
Investment income$617
— government grantsLn 1e$396K
Total revenueLn 12$696K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$544K
Management & general10%$62K
Total functional expensesLn 25$606K

Balance Sheet

Part X · end of year
CashLn 1$125K
Total assetsLn 16$198K
Total liabilitiesLn 26$0
Total net assetsLn 32$198K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $125K · Operating expenses/yr $606K
2.5 months
Where the money goes
Program services
Program services $544K · Total expenses $606K
90%
Management & General
Management & general $62K · Total expenses $606K
10%
Fundraising
Fundraising $0 · Total expenses $606K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $870 · Solicited contributions (3-yr avg) $100K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $509K · Total revenue $696K
73%
Government reliance
Government grants $396K · Total revenue $696K
57%
Earned-income share
Program service revenue $212K · Total revenue $696K
30%
Investment reliance
Investment income $617 · Total revenue $696K
+0.09%
Program self-sufficiency
Program service revenue $212K · Total expenses $606K
35%
Growth & trend
Revenue growth (YoY)
This year $696K · Prior year $388K
+79%
Net-asset trend (YoY)
End of year $198K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $696K · Expenses $606K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $198K
Net-asset ratio
Net assets $198K · Total assets $198K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $198K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Montgomery · Reported title President · Highest reported compensation $0 · Total expenses $606K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $606K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Revenue growth 79%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$60K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$696K revenue · viewing · ⤓ 990 PDF
FY2024$388K revenue · ⤓ 990 PDF
FY2023$407K revenue · ⤓ 990 PDF
FY2022$462K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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