Powerful Voices FY2023 filing

Seattle, WA · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible Latest data FY2023
Revenue
$616K
▼ -32% vs prior year
Spent
$999K
To programs
78%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$616K
FY2023▼ -32%
Revenue by fiscal year
FY2020$778K
FY2021$1.5M
FY2022$911K
FY2023$616K
FY2024$552K
Expenses
$999K
FY2023▲ +11%
Expenses by fiscal year
FY2020$670K
FY2021$663K
FY2022$904K
FY2023$999K
FY2024$967K
Net assets
$1.2M
FY2023▼ -25%
Net assets by fiscal year
FY2020$748K
FY2021$1.5M
FY2022$1.6M
FY2023$1.2M
FY2024$557K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
7 funders, incl. United Way of King County
$504K in the latest grant year.
Spent on programs?
78% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -32% vs prior year
Legal name (IRS)Hdr · item CPowerful Voices
EINHdr · item D91-1679907
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 1996
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CSeattle, WA
NTEE classificationIRS BMFHuman Services (P300)
WebsiteHdr · item Jwww.powerfulvoices.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.18 Fundraising $0.04
Program services78%$783K
Management & general18%$177K
Fundraising4%$39K
Total functional expensesLn 25$999K

Financial health

Program efficiency
78%
of spending reaches programs
Operating runway
12.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-62%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$1.2M
FY2023▼ -26%
Total assets by fiscal year
FY2020$800K
FY2021$1.7M
FY2022$1.7M
FY2023$1.2M
FY2024$583K
Total liabilities
$75K
FY2023▼ -42%
Total liabilities by fiscal year
FY2020$52K
FY2021$119K
FY2022$129K
FY2023$75K
FY2024$27K
Revenue less expensesPt I · Ln 19−$383K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$1.2M
Total liabilitiesLn 26$75K
Total net assetsLn 32$1.2M
Months of cash on handcomputed12.1

Statement of Revenue

Part VIII
Contributions & grants100%$614K
Investment income$1K
Other revenue$425
— government grantsLn 1e$34K
Total revenueLn 12$616K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $999K
12.1 months
Where the money goes
Program services
Program services $783K · Total expenses $999K
78%
Management & General
Management & general $177K · Total expenses $999K
18%
Fundraising
Fundraising $39K · Total expenses $999K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $43K · Solicited contributions (3-yr avg) $810K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $614K · Total revenue $616K
100%
Government reliance
Government grants $34K · Total revenue $616K
6%
Earned-income share
Program service revenue $0 · Total revenue $616K
0%
Investment reliance
Investment income $1K · Total revenue $616K
+0.2%
Program self-sufficiency
Program service revenue $0 · Total expenses $999K
0%
Growth & trend
Revenue growth (YoY)
This year $616K · Prior year $911K
-32%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $616K · Expenses $999K
-62%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
—
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charhys Bailey · Reported title Executive Director · Highest reported compensation $90K · Total expenses $999K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $603K · Total expenses $999K
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%——
Overhead ratio 18%——
Fundraising cost ratio 6%——
Revenue growth -32%——
Accounting fee ratio 5%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$90,030Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Outgoing Treasurer
$0Pt VII · Sec A
Outgoing President
$0Pt VII · Sec A
Incoming President
$0Pt VII · Sec A
Incoming Secretary
$0Pt VII · Sec A

Charhys Bailey’s $94K as Executive Director is at the 82nd percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Charhys Bailey——$96,037——
Charhys Bailey$93,806$90,030—$87,000$44,681
Rebecca Laszlo————$47,403

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 Powerful Voices executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Empowers BIPOC girls and gender expansive youth to lead, express themselves, and act against injustice.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $783K of program spending, described in the organization's own filed words · FY2023.
01

Cultural Enrichment

The Cultural Enrichment program is both school-based and summer programs for middle school and high school age girls* and gender expansive youth of color. The school-based program is a space for participants to learn about themselves, increase pride in their identity and furthermore learn how to navigate the world around them.

$548Kprogram expense
02

Employment

The Employment program offers both after school and summer programs for high school age girls* and gender expansive youth of color. Our after-school programs are experiential learning internships where participants increase their knowledge of social justice issues that impact them while building transferrable skills they can apply…

$157Kprogram expense
03

Community Engagement

Powerful Voices works within the community on issues that impact girls* and gender expansive of color to promote equity and make the world a more just place for everyone. Community Engagement efforts include hosting our annual Revolutionary Community Care Day where we provide self-care items and services to youth and their families…

$78Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 3 grants · $121K · 2020–2024
Unitemized GrantFY2024$74,716
Unitemized GrantFY2024$725
Unitemized GrantFY2020$45,526

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $552K$967K-10% 990 PDF
FY2023 Viewing $616K$999K-32% 990 PDF
FY2022 $911K$904K-38% 990 PDF
FY2021 $1.5M$663K+88% 990 PDF
FY2020 $778K$670K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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