Seattle Storm Foundation FY2021 filing

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Our mission is to offer charitable and educational opportunities to youth in the pacific northwest, as well as support the bipoc community and initiatives through the platform of professional basketball.

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

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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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $13K a year · 6% 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
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
20 mo
of spending, in cash
Looks good: 20.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $192K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$213K
Spent
$127K
To programs
92%
Net assets
$218K
By yearFY2021–FY2025
Revenue
$213K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$213K
FY2022$215K
FY2023$90K
FY2024$325K
FY2025$298K
Expenses
$127K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$127K
FY2022$179K
FY2023$147K
FY2024$307K
FY2025$314K
Net assets
$218K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$218K
FY2022$255K
FY2023$198K
FY2024$236K
FY2025$220K

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2001.

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% · $116K Management & general 2% · $2K Fundraising 7% · $8K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Seattle Storm 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 15aNo

Programs and updates

Empowers Seattle communities to drive social justice through collaborative action.

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Provided by the organization

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2 programs · $116K · in their own filed words · FY2021
01

Seattle Storm Foundation aims to identify nonprofit organizations which support their mission to award funding towards their mission.There were four nonprofit organization selected to receive awards for 2021.

$101Kprogram expense
02

The Force 4 Change is a social responsibility platform that provides sport building skills to create meaningful changes in Seattle in order to build a stronger community and a better future. These are values that underlies every area of work on and off the court.

$15Kprogram 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 · 40 grants · $800K · 2021–2025
Seattle Center FoundationWA · FY2025$95,000
Women Leaders in SportsMO · FY2025$25,000
Lavender Rights ProjectWA · FY2025$10,000
Rave FoundationWA · FY2025$10,000
Kd Hall FoundationWA · FY2025$5,000
Technology Access FoundationFY2025$5,000
Young Women EmpoweredWA · FY2025$5,000
The Agape FoundationMA · FY2025$5,000
Common Power FutureWA · FY2024$50,000
The Seattle FoundationWA · FY2024$29,000
See all 40 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$213K
Ln 12
Gifts and grantsLn 1h$193K
Other incomeLn 4–11$20K
Investment incomeLn 3$22
Money outPt IX
$127K
Ln 25
Programscol B$116K
Managementcol C$2K
Fundraisingcol D$8K
Owns and owesPt X
$218K
net assets · Ln 32
Cash and savingsLn 1–2$214K
Total assetsLn 16$218K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$193K
Fundraising eventsLn 1c$28K
Investment incomeLn 3$22
Other incomeLn 4–11$20K
Total revenueLn 12$213K
Assets in detailPt X, end of year
CashLn 1$214K
Cash and savings togetherLn 1–2$214K
Total assetsLn 16$218K
LiabilitiesLn 26$0
Net assetsLn 32$218K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$132K$214K
Total assetsLn 16$132K$218K
LiabilitiesLn 26$0$0
Net assetsLn 32$132K$218K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$101K$101K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$148$148
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$24K$15K$854$8K
All other expensesLn 24e$0
Total functional expensesLn 25$127K$116K$2K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $298K$314K−$17K$220K 990 PDF
FY2024 $325K$307K$18K$236K 990 PDF
FY2023 $90K$147K−$57K$198K 990 PDF
FY2022 $215K$179K$37K$255K 990 PDF
FY2021 Viewing $213K$127K$86K$218K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $212,682 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $195,623$192,636
I-9 Program service revenue$0
I-10 Investment incomePrior year $19$22
I-11 Other revenue$20,024
I-12 Total revenuePrior year $195,642$212,682
I-13 Grants and similar amounts paidPrior year $94,680$101,400
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $29,709$25,566
I-18 Total expensesPrior year $124,389$126,966
I-19 Revenue less expensesPrior year $71,253$85,716
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $212,682 across 6 lines filed
VIII-1c Fundraising events$28,479
VIII-1f All other contributions, gifts and grants$164,157
VIII-1h Total contributions, gifts and grants$192,636
VIII-3 Investment incomeRelated to mission $22$22
VIII-8 Net income from fundraising events$20,024
VIII-12 Total revenueRelated to mission $22$212,682
Part IX · Statement of functional expenses $126,966 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $101,400$101,400
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technologyManagement $148$148
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,190$1,190
IX-24 Other expenses (24a–d)Programs $14,919 · Management $854 · Fundraising $8,455$24,228
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $116,319 · Management $2,192 · Fundraising $8,455$126,966
Part X · Balance sheet $218,184 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $132,372$213,773
X-4 Accounts receivableStart of year $96$4,411
X-16 Total assetsStart of year $132,468$218,184
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $132,468$218,184
X-32 Total net assets or fund balancesStart of year $132,468$218,184
X-33 Total liabilities and net assetsStart of year $132,468$218,184
Part XI · Reconciliation of net assets $218,184 net assets at year end
XI-1 Total revenue$212,682
XI-2 Total expenses$126,966
XI-3 Revenue less expenses$85,716
XI-4 Net assets at start of year$132,468
XI-10 Net assets at end of year$218,184

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

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