King County Bar Foundation FY2021 filing

Tax-deductible

Seattle, WA501(c)(3)Since 1979Crime & LegalEIN 91-1079173Revenue $2.1M in FY2021

On file with the IRSkcba.org1200 5th Ave Ste 700, 98101-1116 · Seattle, WATax-exempt since Oct 1979Publicly supported charity — 170(b)(1)(A)(vi)

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To raise funds in support of access to the legal system and diversity in the legal profession.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $561K a year · 33% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 22.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $41K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$170K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
+61% vs prior year
Spent
$913K
To programs
97%
Net assets
$3.2M
By yearFY2020–FY2024
Revenue
$2.1M
FY2021▲ +61%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$2.1M
FY2022$1.8M
FY2023$1.1M
FY2024$2.2M
FY2024$964K
Expenses
$913K
FY2021▼ -34%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$913K
FY2022$1.2M
FY2023$1.2M
FY2024$1.0M
FY2024$997K
Net assets
$3.2M
FY2021▲ +84%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$3.2M
FY2022$3.6M
FY2023$3.6M
FY2024$4.9M
FY2024$5.0M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1979.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $881K Management & general 2% · $22K Fundraising 1% · $9K

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

26 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See King County Bar Foundation 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 15aYes

Programs and updates

Funds legal access and promotes diversity within the legal profession.

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Provided by the organization

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2 programs · $881K · in their own filed words · FY2020
01

Provide legal services to low income persons.

$723Kprogram expense
02

The foundation provides scholarships for minority law school students through the university of washington and seattle university.

$158Kprogram expense

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 · FY2024
See all 5 funders →
Grants paid · 18 grants · $6.5M · 2019–2024
King County Bar AssociationWA · FY2024$804,247
Seattle UniversityWA · FY2024$75,000
King County Bar AssociationWA · FY2023$834,702
Seattle UniversityWA · FY2023$75,000
King County Bar AssociationWA · FY2022$1,030,205
Seattle UniversityWA · FY2022$75,000
King County Bar AssociationWA · FY2021$1,045,488
Seattle UniversityWA · FY2021$75,000
King County Bar AssociationWA · FY2020$722,977
Seattle UniversityWA · FY2020$75,000
King County Bar AssociationWA · FY2019$1,202,873
Seattle UniversityWA · FY2019$75,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$41K
Money outPt IX
$913K
Ln 25
Programscol B$881K
Managementcol C$22K
Fundraisingcol D$9K
Owns and owesPt X
$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$3.4M
LiabilitiesLn 26$170K
PeoplePt VI, VII
26
listed · VII A
PaidVII A0
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$66K
Fundraising eventsLn 1c$269K
Investment incomeLn 3$41K
Gains on assetsLn 7$15K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$664K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$1.4M
Total assetsLn 16$3.4M
LiabilitiesLn 26$170K
Net assetsLn 32$3.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 622
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$465K$1.7M
InvestmentsLn 11–13$1.1M$1.4M
Total assetsLn 16$1.9M$3.4M
LiabilitiesLn 26$182K$170K
Net assetsLn 32$1.7M$3.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$881K$881K
Other fees for servicesLn 11g$17K$17K
Office expensesLn 13$3K$3K
Information technologyLn 14$6K$6K
Other expenses (24a–d)Ln 24$5K$5K
Total functional expensesLn 25$913K$881K$22K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.2M$1.0M$1.1M$4.9M 990 PDF
FY2023 $1.1M$1.2M−$86K$3.6M 990 PDF
FY2022 $1.8M$1.2M$597K$3.6M 990 PDF
FY2021 Viewing $2.1M$913K$1.2M$3.2M 990 PDF
FY2020 $1.3M$1.4M−$61K$1.7M 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 FY2021 990 (6 parts)
Part I · Summary $2,136,166 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,315,200$2,133,372
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $34,701$40,991
I-11 Other revenuePrior year −$26,974−$38,197
I-12 Total revenuePrior year $1,322,927$2,136,166
I-13 Grants and similar amounts paidPrior year $1,352,873$881,422
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $30,635$31,209
I-18 Total expensesPrior year $1,383,508$912,631
I-19 Revenue less expensesPrior year −$60,581$1,223,535
Part VI · Governance 24 of 24 board members independent, no flags
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,136,166 across 8 lines filed
VIII-1c Fundraising events$268,943
VIII-1e Government grants$65,809
VIII-1f All other contributions, gifts and grants$1,798,620
VIII-1h Total contributions, gifts and grants$2,133,372
VIII-3 Investment incomeExcluded from tax $25,495$25,495
VIII-7 Net gain or loss on sales of assetsExcluded from tax $15,496$15,496
VIII-8 Net income from fundraising eventsExcluded from tax −$38,197−$38,197
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,794$2,136,166
Part IX · Statement of functional expenses $912,631 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $881,422$881,422
IX-11g Other fees for servicesManagement $16,968$16,968
IX-13 Office expensesFundraising $3,301$3,301
IX-14 Information technologyFundraising $5,648$5,648
IX-24 Other expenses (24a–d)Management $5,292$5,292
IX-25 Total functional expensesPrograms $881,422 · Management $22,260 · Fundraising $8,949$912,631
Part X · Balance sheet $3,355,274 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $419,425$664,290
X-2 Savings and temporary cash investmentsStart of year $45,338$1,026,237
X-3 Pledges and grants receivableStart of year $373,897$312,626
X-11 Publicly traded securitiesStart of year $1,071,986$1,352,121
X-16 Total assetsStart of year $1,910,646$3,355,274
X-17 Accounts payable and accrued expensesStart of year $182,000$169,830
X-26 Total liabilitiesStart of year $182,000$169,830
X-27 Net assets without donor restrictionsStart of year $464,625$986,407
X-28 Net assets with donor restrictionsStart of year $1,264,021$2,199,037
X-32 Total net assets or fund balancesStart of year $1,728,646$3,185,444
X-33 Total liabilities and net assetsStart of year $1,910,646$3,355,274
Part XI · Reconciliation of net assets $3,185,444 net assets at year end
XI-1 Total revenue$2,136,166
XI-2 Total expenses$912,631
XI-3 Revenue less expenses$1,223,535
XI-4 Net assets at start of year$1,728,646
XI-5 Net unrealized gains (losses) on investments$233,263
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,185,444

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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