Washington Workforce Association FY2024 filing

Tax-deductible

Olympia, WA501(c)(3)Since 2000EmploymentEIN 91-2070464

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To provide promotion of social welfare in the field of Workforce development for the unemployed and underemployed.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
4 of 5
filings with a surplus
Average surplus $53K a year · 10% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$92K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$882K
+39% vs prior year
Spent
$720K
To programs
92%
Net assets
$448K
By yearFY2020–FY2024
Revenue
$882K
FY2024▲ +39%
Revenue by fiscal year
FY2020$418K
FY2021$328K
FY2022$281K
FY2023$636K
FY2024$882K
FY2024$1.1M
Expenses
$720K
FY2024▲ +38%
Expenses by fiscal year
FY2020$358K
FY2021$287K
FY2022$394K
FY2023$523K
FY2024$720K
FY2024$1.0M
Net assets
$448K
FY2024▲ +57%
Net assets by fiscal year
FY2020$246K
FY2021$287K
FY2022$173K
FY2023$286K
FY2024$448K
FY2024$506K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2005.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $665K Management & general 8% · $55K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Wwa Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Finance Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

John Traugott’s $133K as Executive Director is at the 54th percentile of top reported officer pay among 1245 $1–10M 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.

See Washington Workforce Association 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

Helps unemployed and underemployed people find jobs and improve their careers.

Provided by the organization

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1 program service account for $665K of program spending, described in the organization's own filed words · FY2023.
01

Training front-line staff and other providers of workforce and acting as a link between twelve local workforce development councils to facilitate exchange of ideas and best practices.

$665Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$882K
Ln 12
Gifts and grantsLn 1h$484K
Fees for servicesLn 2g$397K
Investment incomeLn 3$43
Money outPt IX
$720K
Ln 25
Programscol B$665K
Managementcol C$55K
Owns and owesPt X
$448K
net assets · Ln 32
Cash and savingsLn 1–2$381K
Total assetsLn 16$540K
LiabilitiesLn 26$92K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$484K
Fees for servicesLn 2g$397K
Investment incomeLn 3$43
Total revenueLn 12$882K
Assets in detailPt X, end of year
CashLn 1$297K
SavingsLn 2$85K
Cash and savings togetherLn 1–2$381K
Total assetsLn 16$540K
LiabilitiesLn 26$92K
Net assetsLn 32$448K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$254K$381K
Total assetsLn 16$318K$540K
LiabilitiesLn 26$32K$92K
Net assetsLn 32$286K$448K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$183K$177K$6K$0
Accounting feesLn 11c$11K$2K$9K$0
Lobbying feesLn 11d$28K$0$28K$0
Other fees for servicesLn 11g$4K$4K$0$0
Office expensesLn 13$5K$0$5K$0
Information technologyLn 14$3K$1K$2K$0
Conferences, conventions and meetingsLn 19$482K$482K$0$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$1K$0$1K$0
Total functional expensesLn 25$720K$665K$55K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $882K$720K$162K$448K 990 PDF
FY2023 $636K$523K$113K$286K 990 PDF
FY2022 $281K$394K−$113K$173K 990 PDF
FY2021 $328K$287K$41K$287K 990 PDF
FY2020 $418K$358K$61K$246K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $881,860 across 6 lines filed
VIII-1b Membership dues$132,250
VIII-1f All other contributions, gifts and grants$352,137
VIII-1h Total contributions, gifts and grants$484,387
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$397,430
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $43$43
VIII-12 Total revenueRelated to mission $397,430 · Unrelated business $0 · Excluded from tax $43$881,860
Part IX · Statement of functional expenses $719,707 across 9 lines filed
IX-11a Management feesPrograms $176,505 · Management $6,312 · Fundraising $0$182,817
IX-11c Accounting feesPrograms $2,071 · Management $9,300 · Fundraising $0$11,371
IX-11d Lobbying feesPrograms $0 · Management $28,493 · Fundraising $0$28,493
IX-11g Other fees for servicesPrograms $3,948 · Management $0 · Fundraising $0$3,948
IX-13 Office expensesPrograms $0 · Management $4,812 · Fundraising $0$4,812
IX-14 Information technologyPrograms $1,073 · Management $2,258 · Fundraising $0$3,331
IX-19 Conferences, conventions and meetingsPrograms $481,580 · Management $0 · Fundraising $0$481,580
IX-23 InsurancePrograms $0 · Management $2,223 · Fundraising $0$2,223
IX-24 Other expenses (24a–d)Programs $0 · Management $1,132 · Fundraising $0$1,132
IX-25 Total functional expensesPrograms $665,177 · Management $54,530 · Fundraising $0$719,707
Part X · Balance sheet $540,021 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $253,675$296,609
X-2 Savings and temporary cash investments$84,830
X-4 Accounts receivableStart of year $64,049$158,582
X-9 Prepaid expenses and deferred chargesStart of year $555$0
X-16 Total assetsStart of year $318,279$540,021
X-17 Accounts payable and accrued expensesStart of year $7,191$89,280
X-19 Deferred revenueStart of year $25,000$2,500
X-26 Total liabilitiesStart of year $32,191$91,780
X-27 Net assets without donor restrictionsStart of year $286,088$448,241
X-32 Total net assets or fund balancesStart of year $286,088$448,241
X-33 Total liabilities and net assetsStart of year $318,279$540,021
Part XI · Reconciliation of net assets $448,241 net assets at year end
XI-1 Total revenue$881,860
XI-2 Total expenses$719,707
XI-3 Revenue less expenses$162,153
XI-4 Net assets at start of year$286,088
XI-10 Net assets at end of year$448,241

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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