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Washington · Nonprofit

Economic Development Alliance of Skagit County

Economic Development Alliance of Skagit County (Washington) receives grants from 3 organizations whose IRS filings report $35,500 to it, the largest being WHATCOM EDUCATIONAL CREDIT UNION ($22,000). 1 of them have funded it in more than one year.

Revenue FY2024
$1.2M
Funders on record
3
Grants received
$36k
Net assets
$637k
1/3 repeat funderspeak grant-dependency 1%
01What it does

What Economic Development Alliance of Skagit County does

Mission

To promote a growing and balanced economy for Skagit County, WA.

As stated on its FY2024 Form 990.

Programs

  1. The Economic Development Alliance of Skagit County (EDASC) carries out business attraction, retention and expansion and collaborative engagement to achieve a prosperous, sustainable, and equitable community while maintaining Skagit County's natural beauty and quality of life. EDASC supports existing Skagit companies, and works with prospective companies on site location, workforce training, identifying resources, accessing capital, permitting, research, and other forms of assistance. EDASC initiatives create and support a favorable business climate with strategies that focus on improving assets and amenities within Skagit County. EDASC convenes and connects stakeholders to work on improving local assets on critical issues such as workforce, housing, childcare, and power supply.

    $598,074 spent$438,127 earned by the program
    66% of program spending
  2. Leadership Skagit, in partnership with Skagit Valley College, is a 9-month experiential learning course, developing leadership skills in nearly 600 community members over the past 20+ years. Participants gain a deeper insight into the region and learn concepts and techniques for effective leadership. All programming is delivered through a lens of equity and sustainability. Graduates are shaping Skagit County as leaders of non-profits, businesses, and governmental bodies.

    $95,162 spentof which $6,685 as grants$90,736 earned by the program
    10% of program spending
  3. EDASC works to catalyze grass-roots economic development and foster an inclusive entrepreneurial ecosystem by reducing barriers to entrepreneurship and innovation for all Skagit residents with particular emphasis on under-represented populations and communities. EDASC aims to ensure that entrepreneurs and business owners from across Skagit County have access to resources to create more equitable opportunities, build new generational wealth, and improve quality of life. EDASC works to make Skagit County more prosperous, diversified, and sustainable by removing barriers to success.

    $219,476 spent$232,500 earned by the program
    24% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $912,712.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($115k) Expenses 100 ($94k) Net assets 100 ($90k)2019 Revenue 96 ($111k) Expenses 115 ($108k) Net assets 102 ($93k)2020 Revenue 935 ($1.1M) Expenses 845 ($796k) Net assets 415 ($375k)2021 Revenue 868 ($1.0M) Expenses 905 ($852k) Net assets 579 ($523k)2022 Revenue 802 ($925k) Expenses 873 ($823k) Net assets 719 ($650k)2023 Revenue 1105 ($1.3M) Expenses 1391 ($1.3M) Net assets 679 ($614k)2024 Revenue 1080 ($1.2M) Expenses 1297 ($1.2M) Net assets 706 ($637k)
2018201920202021202220232024
Revenue (1080)Expenses (1297)Net assets (706)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $93k to $561k (+503%).

$96k
$93k
$561k
$778k
$1.1M
$1.1M
$1.1M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 15% · 2021 26% · 2022 9% · 2023 10% · 2024 11%. Grants only. Government contracts and fees sit inside program revenue.

37% of Economic Development Alliance of Skagit County’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$21k
’18
$2k
’19
$282k
’20
$148k
’21
$102k
’22
−$36k
’23
$24k
’24
5.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

John Sternlicht

CEO

Board chair

Amelia Cook

Chair

As listed on its FY2024 Form 990.

20202021202220232024
Listed2224272525
Joined·+7+7+7+5
No longer listed·5495
03Who funds it

Who funds it, year by year

2021 → 2023: the base held at 1 funder, grant income rose $4k → $10k.

Funder
'21
'23
'24*
'25*
total
PeaceHealthunclassified
$10k
funders
1
1
1
1

From the IRS filings of Economic Development Alliance of Skagit County’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Economic Development Alliance of Skagit County leans on a few funders — its largest provides 62% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

90% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Economic Development Alliance of Skagit County.

62%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2021 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

90% of Economic Development Alliance of Skagit County's grant income comes from Washington funders.

WA
OR

In-state vs out-of-state, by year

’21
’23
Washington out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Economic Development Alliance of Skagit County has grown faster than three-quarters of the 11,752 education nonprofits its size.

Operating margin2% · below the median
Months of reserve5.9mo · above the median
Revenue growth (annualized)49% · top quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like Economic Development Alliance of Skagit County

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 18%Fundraising 8%

Governance

22
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

90%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Economic Development Alliance of Skagit County: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Economic Development Alliance of Skagit County?
Economic Development Alliance of Skagit County (Washington) receives grants from 3 organizations whose IRS filings report $35,500 to it, the largest being WHATCOM EDUCATIONAL CREDIT UNION ($22,000). 1 of them have funded it in more than one year.
How many funders does Economic Development Alliance of Skagit County have?
IRS filings report 3 organizations giving $35,500 in grants to Economic Development Alliance of Skagit County, 1 of which have funded it in more than one year.
Who is the largest funder of Economic Development Alliance of Skagit County?
WHATCOM EDUCATIONAL CREDIT UNION is the largest funder on record, with $22,000 in grants. The full list of funders is on this page.
How can an organization like Economic Development Alliance of Skagit County find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Economic Development Alliance of Skagit County →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing