Washington · Nonprofit
FINANCIAL EMPOWERMENT NETWORK
FINANCIAL EMPOWERMENT NETWORK (Washington) receives grants from 9 organizations whose IRS filings report $220,200 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($100,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $465k
- Funders on record
- 9
- Grants received
- $220k
- Net assets
- $318k
What Financial Empowerment Network does
Mission
Vision we envision communities where low- and moderate-income individuals and families are able to achieve financial well-being.mission we advance financial empowerment through partnerships that support access to affordable, effective, and relevant services, and other resources.our process we serve as a liaison and broker to create connections, disseminate evidence-based and promising practices, and bring resources to network of providers in order to integrate financial empowerment into other services including anti-poverty strategies.
As stated on its FY2025 Form 990.
Programs
Financial Empowerment Integration: Lead a statewide network of financial wellness providers and participating organizations to promote the integration of financial empowerment into other service systems through professional development workshops, convenings or partner organizations and staff, trainings and technical assistance for partner organizations, and provision of accurate and relevant tools and resources via our website.
$331,295 spent61% of program spendingBank On: Lead the statewide Bank On Washington initiative to connect un and under-banked individuals to safe, affordable, and accessible financial products and services. Also lead the local Bank On Seattle/King County initiative.
$120,876 spent22% of program spendingAsset Building Coalition: WABC is the lead in Washington State for promoting policies, programs and strategies for helping low-income individuals and communities build assets that will provide them with an economic foundation to thrive. WABC serves as the convener of local asset-building coalitions across Washington state, facilitating convenings of the ABC leads and supporting advocacy work to promote financial wellness legislation in Washington. Also lead the local King County ABC, the Financial Empowerment Providers Network, to better connect nonprofit and financial service providers, identify gaps in services, and collaborate in problem solving.
$89,795 spent17% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $541,966.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $106k to $327k (+208%).
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.
98% of FINANCIAL EMPOWERMENT NETWORK’s revenue is contributions — more donation-reliant than the typical peer (84% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
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.
Who funds it, year by year
2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $8k → $5k.
1 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FINANCIAL EMPOWERMENT NETWORK’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
FINANCIAL EMPOWERMENT NETWORK leans on a few funders — its largest provides 45% of grant income and the top three 68%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
83% 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 FINANCIAL EMPOWERMENT NETWORK.
Largest funder’s share by year: 2020 67% · 2021 69% · 2022 67% · 2023 100% — growing more concentrated.
“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.
How long its funders stay
50% of FINANCIAL EMPOWERMENT NETWORK's funders are still giving 2 years after their first grant; 33% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
FINANCIAL EMPOWERMENT NETWORK draws 79% of its grant income from funders outside Washington, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $7k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
FINANCIAL EMPOWERMENT NETWORK has grown faster than half of the 1,934 public benefit nonprofits its size.
this organization peer median middle 50% of peers· 1,934 public benefit nonprofits $100k–$1M, FY2025
Organizations like FINANCIAL EMPOWERMENT NETWORK
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
100%
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 FINANCIAL EMPOWERMENT NETWORK: 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.
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 FINANCIAL EMPOWERMENT NETWORK?
- FINANCIAL EMPOWERMENT NETWORK (Washington) receives grants from 9 organizations whose IRS filings report $220,200 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($100,000). 3 of them have funded it in more than one year.
- How many funders does FINANCIAL EMPOWERMENT NETWORK have?
- IRS filings report 9 organizations giving $220,200 in grants to FINANCIAL EMPOWERMENT NETWORK, 3 of which have funded it in more than one year.
- Who is the largest funder of FINANCIAL EMPOWERMENT NETWORK?
- LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
- How can an organization like FINANCIAL EMPOWERMENT NETWORK 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 Financial Empowerment Network →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 9 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