Nonprofit · EIN 94-3089631
501 COMMONS
Tax-exempt · SEATTLE, WA 98144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $21,401,173 | $19,461,975 | $1,939,198 | $1,005,414 | $413,899 | $591,515 |
| December 31, 2023 | 990 | $22,195,269 | $26,053,005 | -$3,857,736 | $127,359,527 | $39,589,295 | $87,770,232 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $17,570,969
- of which government grants
- $12,407,451
- Program service revenue
- $3,340,545
- Investment income
- $452,918
- Net rental income
- $34,578
- Other revenue
- $36,741
Expenses
- Grants and similar amounts paid
- $11,540,064
- Compensation of officers, directors and key employees
- $299,220
- Other salaries and wages
- $4,527,788
- Salaries, compensation and benefits (total)
- $5,782,427
- Professional fundraising fees
- $10,303
- Legal fees
- $10,111
- Accounting fees
- $14,350
- Occupancy
- $142,125
- Travel
- $28,705
- Depreciation
- $5,803
- Program services (functional)
- $16,616,419
- Management and general (functional)
- $2,177,060
- Fundraising (functional)
- $668,496
Balance sheet and other
- Total assets, start of year
- $127,359,527
- Total assets, end of year
- $1,005,414
- Total liabilities, end of year
- $413,899
- Net assets, end of year
- $591,515
- Land, buildings and equipment
- $33,675
- Net assets without donor restrictions
- $563,213
- Net assets with donor restrictions
- $28,302
- Gross receipts
- $21,401,173
- Employees
- 83
- Volunteers
- 66
- Year formed
- 1989
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kimberly Connors | WSOS Executive Director Officer | 40 | $172,736 | $18,621 |
| Nancy Long | Executive Director Officer | 40 | $126,484 | $8,226 |
| Camille Reynaud | Managing Director of Advancement Highest-paid employee | 40 | $101,788 | $20,510 |
| Lisa Magennis | Data & Systems Director Highest-paid employee | 40 | $100,482 | $16,120 |
| Eileen Moran | Finance Director Highest-paid employee | 40 | $112,061 | $1,461 |
| Jonathan Luster | Managing Director of Impact Highest-paid employee | 40 | $101,657 | $11,781 |
| Greg Dietzel | Board Member Trustee or director | 0.5 | $0 | $0 |
| Rita Ryder | Board Member Trustee or director | 0.5 | $0 | $0 |
| Jim Yearby | Board Member Trustee or director | 0.5 | $0 | $0 |
| Marc Garcia | Board Member Trustee or director | 0.5 | $0 | $0 |
| Nicole Martin | Board Member Trustee or director | 0.5 | $0 | $0 |
| Sue Potter | Board Member Trustee or director | 0.5 | $0 | $0 |
| Sean Davis | Board Member Trustee or director | 0.5 | $0 | $0 |
| Richard Starnes | President Trustee or director, Officer | 0.5 | $0 | $0 |
| Ivan H Lee | Vice President Trustee or director, Officer | 0.5 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chris Miller | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Frank Hagel | Secretary Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIMBERLY CONNORS | WSOS Executive Dir Officer | 40 | $184,265 | $7,371 |
| NANCY LONG | Executive Director Officer | 40 | $126,980 | $1,270 |
| JANICE DEGUCHI | Board Member Trustee or director | 0.5 | $0 | $0 |
| GREG DIETZEL | Board Member Trustee or director | 0.5 | $0 | $0 |
| IVAN LEE | Board Member Trustee or director | 0.5 | $0 | $0 |
| CHRIS MCCLINCY | Board Member Trustee or director | 0.5 | $0 | $0 |
| RITA RYDER | Board Member Trustee or director | 0.5 | $0 | $0 |
| SALLEY ANDERSON | Board Member Trustee or director | 0.5 | $0 | $0 |
| JIM YEARBY | Board Member Trustee or director | 0.5 | $0 | $0 |
| MARC GARCIA | Board Member Trustee or director | – | $0 | $0 |
| RICHARD STARNES | President Trustee or director, Officer | 0.5 | $0 | $0 |
| ALICIA YAMAMOTO | Vice President Trustee or director, Officer | 0.5 | $0 | $0 |
| CHRIS MILLER | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| FRANK HAGEL | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 12TH S AVE STE 1101, SEATTLE, WA 98144-0000
- In care of
- % MARC GARCIA
- Principal officer (990 for 2024)
- Marc Garcia, 1200 12th Ave S STE 1101, Seattle, WA 98144
- Signed the 990
- MARC GARCIA, Executive Director
- Phone
- (206) 682-6704
- Website
- www.501commons.org
- Return prepared by
- Landon Accounting
Mission
We all rise when nonprofits thrive. At 501 Commons we serve nonprofits as experts, innovators, and partners. Our passion is to amplify the strength of nonprofits - so all people and communities flourish.
Program accomplishments
- 501 Commons serves as the program administrator for Washington Opportunity Scholarship. WSOS removes barriers to education and helps Washington students forge their path to high-demand STEM, health care, and trade careers in Washington state. Opportunity scholars receive financial assistance, career training, and mentorship services that uniquely position them to meet our states workforce shortages. 70% of participants are scholars of color, 57% are women or nonbinary, and 67% are first generation scholars.Expenses $13,372,068 · grants $11,534,564 · revenue $435,553
- Our technology programs include IT infrastructure, cybersecurity, and data solutions. Data solutions worked on 58 database development and maintenance projects with 32 organizations. IT infrastructure worked on 100 projects or ongoing IT managed services with 90 organizations. Organizations receiving managed services have the benefits of ongoing backup, antivirus, and monitoring the security of their networks. These services allow nonprofits of all types and sizes keep their data safe, work efficiently, communicate effectively, and track relationships and results.Expenses $1,220,238 · revenue $1,176,161
- Our financial services program worked on 127 accounting, tax, and consulting engagements with organizations. Having professional financial services at affordable rates provides our clients with the financial data they need to make sound management decisions and allows them to focus on their mission. Budgets, financial reports, and tax returns that meet professional standards are a baseline requirement for effective fundraising.Expenses $589,907 · revenue $850,305
- 1370 nonprofits raised $9.3 million on Washington Gives, our year-round fundraising platform, management services include HR, Coaching, Executive Advising, Fundraising guidance, and Management Consulting. BIPOC-led organizations participated in next level, an action learning program that partners executives with an experienced BIPOC leader. Management services provided 217 services to 162 organizations. Many management services are provided by skilled volunteers who are members of our Executive Serivice Corps. Their donated expertise and time is valued at $391,993. Free nonprofit advisory services were provided to 317 organizations. Over 1100 people participated in learning sessions.Expenses $1,434,206 · revenue $878,526
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-3089631
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S50Z)
- Assets (IRS master file)
- $1,005,414
- Income (IRS master file)
- $21,401,173
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $21,401,173 | $19,461,975 | $1,005,414 | IRS |
| 990 | December 2023 | $22,195,269 | $26,053,005 | $127,359,527 | XML |
| 990 | December 2022 | $7,078,220 | $21,543,334 | $124,125,139 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | 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 94-3089631).
Questions about 501 COMMONS
- What is the EIN of 501 COMMONS?
- The employer identification number (EIN) of 501 COMMONS is 94-3089631.
- Is 501 COMMONS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to 501 COMMONS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 501 COMMONS 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 501 COMMONS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 501 COMMONS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of 501 COMMONS?
- The 990 for the year ended December 31, 2024 names Marc Garcia.
- Who are the officers and directors of 501 COMMONS?
- The 990 for the year ended December 31, 2024 lists 17 people; 6 received compensation from the organization, the highest $172,736 (Kimberly Connors, WSOS Executive Director).
- How much revenue does 501 COMMONS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $21,401,173, expenses of $19,461,975 and total assets of $1,005,414 at year end.
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All nonprofits in SEATTLE · Washington · Community improvement and capacity building