Washington · Nonprofit
GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY
GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY (Washington) receives grants from 2 organizations whose IRS filings report $161,900 to it, the largest being RAYNIER INSTITUTE & FOUNDATION ($150,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $6.1M
- Funders on record
- 2
- Grants received
- $162k
- Net assets
- $-9794581
What Georgetown Community Development Authority does
Mission
Gcda builds resilient community through affordable placemaking and placekeeping in the duwamish valley. We create at the intersection of the arts, equity, and collective well-being.
As stated on its FY2025 Form 990.
Program
Watershed (formerly known as Georgetown Community Development Authority) is a community-based 501(c)(3) nonprofit organization that operates affordable artist and artisan work spaces and plans to build a village of workforce housing and community space in the georgetown neighborhood of seattle. We center folks who live and work in the duwamish valley; bipoc individuals; artists; and those who come from communities that have been, or are at risk of being, displaced from this region.(continued in schedule o)watershed was formed in 2019. At its core is equinox studios, which has operated in georgetown since 2006 and is now a core program of watershed. Equinox studios provides a creative home for over 125 artists and artisans working in and across many crafts and disciplines.the new live/work district named "the bend" will be located in the georgetown neighborhood of seattle. It will include up to 1,000 units of housing, all of which will be affordable to people earning no more than 80% of area median income. The bend will also include affordable community spaces, neighborhood businesses, and cultural facilities that are integrated with georgetown's commercial and industrial core. It…
$2,254,105 spent$449,025 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $2,254,105.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.
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 $44M to $39M (−10%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 5 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.
Chief executive
Amy Nguyen
Executive director (as of june 2025)
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2023 and FY2024, and between the FY2024 and FY2025 filings.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY’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
GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY leans on a few funders — its largest provides 93% 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
“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
GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY draws 93% of its grant income from funders outside Washington, across 2 states in all.
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.
Organizations like GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY
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
62% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Georgetown Community Properties 1 LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY: 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 GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY?
- GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY (Washington) receives grants from 2 organizations whose IRS filings report $161,900 to it, the largest being RAYNIER INSTITUTE & FOUNDATION ($150,000). 0 of them have funded it in more than one year.
- How many funders does GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY have?
- IRS filings report 2 organizations giving $161,900 in grants to GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY.
- Who is the largest funder of GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY?
- RAYNIER INSTITUTE & FOUNDATION is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
- How can an organization like GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY 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 Georgetown Community Development Authority →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 2 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 22, 2026. What this page cannot tell you · view filing