Seattle-King County Workforce Development Council EIN 91-2051978

Seattle-King County Workforce Development Council

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Leads workforce development initiatives in Seattle-King County to build an equitable, industry-driven job system centered on racial equity. For fiscal year 2025 it reported $28.1M in revenue, $28.3M in expenses, and $369K in net assets.Pt I

Founded
2000
Type
Public charity (501(c)(3)) · Employment
Location
Seattle, WA
Website
www.seakingwdc.org
Filings
6 on file (2020–2025)
Revenue
$28.1MFY2025
Expenses
$28.3M
Net assets
$369K
People
28
Filings
6
Updates
0
More identity details & actions ⌄
EIN  91-2051978 Public charity (501(c)(3)) Seattle, WA Founded 2000
Form 990 (PDF)
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Figures match the IRS filing checked 8/8/26 · see original: IRS
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Size
$10–100M
What they do
Leads workforce development initiatives in Seattle-King County to build an equitable, industry-driven job system centered on racial equity.
Leadership
Marie Kurose · Chief Executive Officer · $207K
Money in and out
$28.1M revenue, $28.3M expenses
Bottom line
93% program efficiency
Where the money goes · FY2025
Total revenue
$28.1M
Pt VIII · Ln 12
Total expenses
$28.3M
Pt IX · Ln 25
Net assets
$369K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$201K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs+0.3% vs prior filing year
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate▲ +50% vs prior filing year
Surplus margin
-0.7%
revenue over expenses, this year▼ -539% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$28.1M
FY2025▲ +21%
Expenses
$28.3M
FY2025▲ +22%
Total assets
$6.1M
FY2025▲ +2%
Total liabilities
$5.8M
FY2025▲ +5%
Total revenue
$28.1M
Pt VIII · Ln 12
Total expenses
$28.3M
Pt IX · Ln 25
Net assets
$369K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$201K
Total assetsPt X · Ln 16$6.1M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

1 program service account for $26.5M of program spending, described in the organization's own filed words · FY2024.
01

See schedule o

$26.5Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSeattle-King County Workforce Development Council
EINHdr · item D91-2051978
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jwww.seakingwdc.org
Year of formationHdr · item L2000
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J20)
Ruling yearIRS BMFOct 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$207,162Pt VII · Sec A
Chief of Staff
$194,947Pt VII · Sec A
Director of Finance
$167,805Pt VII · Sec A
Director of Programs
$165,883Pt VII · Sec A
Director of Strategic Partnerships & Funding
$163,133Pt VII · Sec A
Director of Performance
$153,764Pt VII · Sec A
Director of Impact
$142,977Pt VII · Sec A
Senior Communications Manager
$141,477Pt VII · Sec A

Marie Kurose’s $207K as Chief Executive Officer is at the 39th percentile of top reported officer pay among 415 $10–100M employment 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Marie Kurose$207,162$198,356$191,541$181,999$177,340
Ericka Cox$194,947$186,381$119,364
Marie Kurose$174,605
Jeffrey Sikora$167,805$154,096$136,197$112,672$110,344
Michael Davie$165,883$154,096$136,197$128,101$124,915
Marisol Hopper$163,133$137,217
Erica Cox$162,742
James Pannell$153,764$151,205

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.

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Statement of Revenue

Part VIII
Contributions & grants100%$28.1M
— government grantsLn 1e$27.6M
Total revenueLn 12$28.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$26.5M
Management & general7%$1.8M
Total functional expensesLn 25$28.3M

Balance Sheet

Part X · end of year
CashLn 1$2.1M
Total assetsLn 16$6.1M
Total liabilitiesLn 26$5.8M
Total net assetsLn 32$369K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.1M · Operating expenses/yr $28.3M
0.9 months
Where the money goes
Program services
Program services $26.5M · Total expenses $28.3M
93%
Management & General
Management & general $1.8M · Total expenses $28.3M
7%
Fundraising
Fundraising $0 · Total expenses $28.3M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $862K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $28.1M · Total revenue $28.1M
100%
Government reliance
Government grants $27.6M · Total revenue $28.1M
98%
Earned-income share
Program service revenue $0 · Total revenue $28.1M
0%
Investment reliance
Investment income $0 · Total revenue $28.1M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $28.3M
0%
Growth & trend
Revenue growth (YoY)
This year $28.1M · Prior year $23.2M
+21%
Revenue CAGR
FY2019 $11.4M · FY2024 $28.1M
+20%
Net-asset trend (YoY)
End of year $369K · Beginning of year $508K
-27%
Balance sheet
Surplus Margin
Revenue $28.1M · Expenses $28.3M
-0.7%
Liabilities-to-Assets
Total liabilities $5.8M · Total assets $6.1M
94%
Net-asset ratio
Net assets $369K · Total assets $6.1M
6%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Marie Kurose · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $207K · Total expenses $28.3M
0.7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4.7M · Total expenses $28.3M
17%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 21%
Legal fee ratio 0.1%
Accounting fee ratio 0.1%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 295 grants · $85.3M · 2019–2024
Trac AssociatesFY2024$4,664,939
Pacific AssociatesFY2024$3,328,978
Neighborhood House IncorporatedWA · FY2024$2,206,831
King County Employment & Education ResourcesFY2024$1,550,000
Unitemized GrantFY2024$612,213
Urban League of Metropolitan SeattleFY2024$569,017
Employment Security Departhr DeptFY2024$366,780
Evergreen GoodwillFY2024$249,208
Tabor 100 INCWA · FY2024$177,000
The Imagine InstituteWA · FY2024$150,632
Wetrain WashingtonWA · FY2024$117,497
FarestartWA · FY2024$98,755
See all 295 grants →

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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)$28.1M revenue · viewing · ⤓ 990 PDF
FY2024$23.2M revenue · ⤓ 990 PDF
FY2023$18.5M revenue · ⤓ 990 PDF
FY2022$16.1M revenue · ⤓ 990 PDF
FY2021$14.1M revenue · ⤓ 990 PDF
FY2020$11.4M 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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