Nonprofit · EIN 91-1999302
ECONOMIC OPPORTUNITY INSTITUTE
Tax-exempt · SEATTLE, WA 98101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,813,380 | $1,520,461 | $292,919 | $12,086,824 | $549,157 | $11,537,667 |
| June 30, 2024 | 990 | $1,665,730 | $1,415,100 | $250,630 | $11,901,535 | $656,787 | $11,244,748 |
| June 30, 2023 | 990 | $2,381,313 | $1,611,273 | $770,040 | $11,397,394 | $155,176 | $11,242,218 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $774,396
- Program service revenue
- $0
- Investment income
- $1,033,056
- Net income from fundraising events
- $5,928
- Other revenue
- $5,928
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $453,316
- Other salaries and wages
- $634,554
- Salaries, compensation and benefits (total)
- $1,297,865
- Professional fundraising fees
- $0
- Occupancy
- $33,046
- Program services (functional)
- $887,294
- Management and general (functional)
- $259,487
- Fundraising (functional)
- $373,680
Balance sheet and other
- Total assets, start of year
- $11,901,535
- Total assets, end of year
- $12,086,824
- Total liabilities, end of year
- $549,157
- Net assets, end of year
- $11,537,667
- Land, buildings and equipment
- $54,695
- Publicly traded securities
- $10,624,200
- Net assets without donor restrictions
- $913,467
- Net assets with donor restrictions
- $10,624,200
- Gross receipts
- $1,867,490
- Employees
- 11
- Volunteers
- 15
- Year formed
- 1998
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Traci Underwood | Policy Director Key employee | 40 | $118,756 | $6,000 |
| Aaron Keating | Managing Director Key employee | 40 | $116,196 | $6,116 |
| Gabriela Quintana | Senior Policy Associate Key employee | 40 | $104,367 | $11,596 |
| Rian Watt | Executive Director Officer | 40 | $77,388 | $12,898 |
| Michael Tamayo | President Trustee or director, Officer | 2 | $0 | $0 |
| Mary Curry | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Stan Sorscher | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Dawn Trudeau | Board Member Trustee or director | 1 | $0 | $0 |
| Matt Loschen | Board Member Trustee or director | 1 | $0 | $0 |
| April Berg | Board Member Trustee or director | 1 | $0 | $0 |
| Joe Kendo | Board Member Trustee or director | 1 | $0 | $0 |
| Elizabeth Lindquist | Board Member Trustee or director | 1 | $0 | $0 |
| Tammy Morales | Board Member Trustee or director | 1 | $0 | $0 |
| Shemona Moreno | Board Member Trustee or director | 1 | $0 | $0 |
| Katharine Weiss | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Traci Underwood | Policy Director Key employee | 40 | $124,756 | $12,475 |
| Aaron Keating | Managing Director Key employee | 40 | $122,312 | $12,231 |
| Gabriela Quintana | Senior Policy Associate Key employee | 40 | $115,964 | $11,596 |
| Rian Watt | Executive Director (April-Jun) Officer | 40 | $21,725 | $0 |
| Michael Tamayo | President Trustee or director, Officer | 2 | $0 | $0 |
| Mary Curry | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Stan Sorscher | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Dawn Trudeau | Board Member Trustee or director | 1 | $0 | $0 |
| Matt Loschen | Board Member Trustee or director | 1 | $0 | $0 |
| April Berg | Board Member Trustee or director | 1 | $0 | $0 |
| Joe Kendo | Board Member Trustee or director | 1 | $0 | $0 |
| Elizabeth Lindquist | Board Member Trustee or director | 1 | $0 | $0 |
| Tammy Morales | Board Member Trustee or director | 1 | $0 | $0 |
| Shemona Moreno | Board Member Trustee or director | 1 | $0 | $0 |
| Katharine Weiss | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Summer Stinson | Former Executive Director Officer | 40 | $211,246 | $21,441 |
| Aaron Keating | Interim Co-Executive Director Officer | 40 | $107,641 | $29,402 |
| Gabriela Quintana | Senior Policy Associate Key employee | 40 | $106,861 | $10,636 |
| Traci Underwood | Interim Co-Executive Director Officer | 40 | $79,657 | $0 |
| Michael Tamayo | President Trustee or director, Officer | 2 | $0 | $0 |
| Mary Curry | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Stan Sorscher | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Andrew Gordon | Board Member Trustee or director | 1 | $0 | $0 |
| Dawn Trudeau | Board Member Trustee or director | 1 | $0 | $0 |
| Matt Loschen | Board Member Trustee or director | 1 | $0 | $0 |
| April Berg | Board Member Trustee or director | 1 | $0 | $0 |
| Joe Kendo | Board Member Trustee or director | 1 | $0 | $0 |
| Elizabeth Lindquist | Board Member Trustee or director | 1 | $0 | $0 |
| Tammy Morales | Board Member Trustee or director | 1 | $0 | $0 |
| Shemona Moreno | Board Member Trustee or director | 1 | $0 | $0 |
| Katharine Weiss | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 509 OLIVE WAY STE 302, SEATTLE, WA 98101-1743
- In care of
- % JOHN R BURBANK
- Principal officer (990 for 2024)
- Rian Watt, 509 Olive Way Suite 302, Seattle, WA 98101
- Signed the 990
- Rian Watt, Executive Director
- Phone
- (206) 633-6580
- Return prepared by
- CORNERSTONE CPA
Mission
Equip the public and public decision-makers with the policy research and practical tools they need to embed the values of fairness, care, and opportunity into the foundations of Washington's economy.
Program accomplishments
- Public policy research and advocacy designed to promote fairness e.g., level the economic playing field, so all people and communities in Washington can thrive.Expenses $361,265
- Public policy research and advocacy designed to promote care e.g., give Washingtonians what they need to care for themselves and those they love through all the uncertainties of life.Expenses $394,383
- Public policy research and advocacy designed to promote opportunity -- e.g., embed a framework of systemic security into the foundations of Washington's economy, so every resident can pursue individual opportunity in their own way.Expenses $130,073
- Public policy research and advocacy designed to promote opportunity e.g., embed security into the foundations of Washingtons economy so every Washingtonian can pursue individual opportunity in their own way within a framework of systemic security.Expenses $1,573
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 91-1999302
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $12,086,824
- Income (IRS master file)
- $1,867,490
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,813,380 | $1,520,461 | $12,086,824 | IRS |
| 990 | June 2024 | $1,665,730 | $1,415,100 | $11,901,535 | XML |
| 990 | June 2023 | $2,381,313 | $1,611,273 | $11,397,394 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-1999302).
Questions about ECONOMIC OPPORTUNITY INSTITUTE
- What is the EIN of ECONOMIC OPPORTUNITY INSTITUTE?
- The employer identification number (EIN) of ECONOMIC OPPORTUNITY INSTITUTE is 91-1999302.
- Is ECONOMIC OPPORTUNITY INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to ECONOMIC OPPORTUNITY INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ECONOMIC OPPORTUNITY INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ECONOMIC OPPORTUNITY INSTITUTE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ECONOMIC OPPORTUNITY INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ECONOMIC OPPORTUNITY INSTITUTE?
- The 990 for the year ended June 30, 2025 names Rian Watt.
- Who are the officers and directors of ECONOMIC OPPORTUNITY INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 15 people; 4 received compensation from the organization, the highest $118,756 (Traci Underwood, Policy Director).
- How much revenue does ECONOMIC OPPORTUNITY INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,813,380, expenses of $1,520,461 and total assets of $12,086,824 at year end.
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