Tha Development Association EIN 91-1349962

Tha Development Association FY2020 filing

EIN  91-1349962 Public charity (501(c)(3)) Lakewood, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
a nonprofit
Leadership
Donna Rebelez · Secretary
Money in and out
$234K revenue, $238K expenses
Bottom line
100% program efficiency

Tha Development Association is a nonprofit based in Lakewood, WA. For fiscal year 2020 it reported $234K in revenue, $238K in expenses, and $1.7M in net assets.Pt I

Where the money goes · FY2020
Total revenue
$234K
Pt VIII · Ln 12
Total expenses
$238K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
47.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$234K
FY2020
Expenses
$238K
FY2020
Total assets
$1.7M
FY2020
Total liabilities
$12K
FY2020
Total revenue
$234K
Pt VIII · Ln 12
Total expenses
$238K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$5K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $106 of program spending, described in the organization's own filed words · FY2020.
01

To provide low income housing

$106program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTha Development Association
EINHdr · item D91-1349962
Principal addressHdr · item CLakewood, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$229K · 98%
Investment income$5K · 2%
Program service revenue98%$229K
Investment income2%$5K
Total revenueLn 12$234K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$238K
Total functional expensesLn 25$238K

Balance Sheet

Part X · end of year
CashLn 1$935K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$12K
Total net assetsLn 32$1.7M
Months of cash on handcomputed47.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $935K · Operating expenses/yr $238K
47.1 months
Where the money goes
Program services
Program services $238K · Total expenses $238K
100%
Management & General
Management & general $0 · Total expenses $238K
0%
Fundraising
Fundraising $0 · Total expenses $238K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $234K
0%
Government reliance
Government grants — · Total revenue $234K
Earned-income share
Program service revenue $229K · Total revenue $234K
98%
Investment reliance
Investment income $5K · Total revenue $234K
+2%
Program self-sufficiency
Program service revenue $229K · Total expenses $238K
96%
Growth & trend
Revenue growth (YoY)
This year $234K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $234K · Expenses $238K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.7M · Total assets $1.7M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Donna Rebelez · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $238K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $238K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Legal fee ratio 2%
Accounting fee ratio 0%

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.

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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
FY2024 (Latest)$300K revenue · ⤓ 990 PDF
FY2023$268K revenue · ⤓ 990 PDF
FY2022$233K revenue · ⤓ 990 PDF
FY2021$252K revenue · ⤓ 990 PDF
FY2020$234K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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