Washington · Nonprofit
BUSINESS IMPACT NW
BUSINESS IMPACT NW (Washington) receives grants from 30 organizations whose IRS filings report $5,419,938 to it, the largest being JPMORGAN CHASE FOUNDATION ($1,450,000). 18 of them have funded it in more than one year.
- Revenue FY2025
- $9.3M
- Funders on record
- 30
- Grants received
- $5.4M
- Net assets
- $9.5M
What Business Impact Nw does
Mission
To provide economic development financing to serve the needs of small businesses that would not qualify for private financing under conventional financing criteria.
As stated on its FY2025 Form 990.
Program
The organization provided loan fund administration as a certified community development financial institution (cdfi), to provide financing and management assistance primarily to targeted businesses that that would otherwise not be able to receive financing under conventional methods. During the year, the organization served 5,058 clients across four states. These efforts resulted in the launch of 168 new businesses and helped create or retain 10,982 jobs, strengthening local economies and expanding economic opportunity in underserved communities.
$5,596,918 spent$2,809,113 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $5,596,918.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2019 to 2020, from $12M to $21M (+78%).
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.
Government-grant reliance: 2020 26% · 2021 29% · 2022 30% · 2023 51% · 2024 47% · 2025 59%. Grants only. Government contracts and fees sit inside program revenue.
69% of BUSINESS IMPACT NW’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 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
Joseph Sky-Tucker
President/CEO
Board chair
Kellen Ball
Board chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2021 and FY2022, and between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 11 funders, grant income rose $50k → $1.1M.
5 of 30 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.
Left out of every figure on this page: $20k from one payer (the payer shares this organization's board, largest Bin Sba Loan). These are real filings, and they are not money BUSINESS IMPACT NW raised.
From the IRS filings of BUSINESS IMPACT NW’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
BUSINESS IMPACT NW leans on a few funders — its largest provides 27% of grant income and the top three 58%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
53% 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 BUSINESS IMPACT NW.
Largest funder’s share by year: 2017 100% · 2018 80% · 2019 79% · 2020 57% · 2021 19% · 2022 15% · 2023 42% — diversifying over time.
“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
62% of BUSINESS IMPACT NW's funders are still giving 3 years after their first grant; 60% 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
BUSINESS IMPACT NW draws 51% of its grant income from funders outside Washington, across 7 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $176k arriving through sponsors registered in 4 states 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
BUSINESS IMPACT NW has grown faster than three-quarters of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Government funding BUSINESS IMPACT NW receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $19.4M on record.
- Small Business Administration$13.5M
- Department of the Treasury$3.9M
- Department of Commerce$1.4M
- Department of Agriculture$681k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like BUSINESS IMPACT NW
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
67% of spending goes to programs.
Governance
Public support
93%
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
- Bin Sba Loan · exempt
Screen this organization
A dated, signed PDF of the compliance screen for BUSINESS IMPACT NW: 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 BUSINESS IMPACT NW?
- BUSINESS IMPACT NW (Washington) receives grants from 30 organizations whose IRS filings report $5,419,938 to it, the largest being JPMORGAN CHASE FOUNDATION ($1,450,000). 18 of them have funded it in more than one year.
- How many funders does BUSINESS IMPACT NW have?
- IRS filings report 30 organizations giving $5,419,938 in grants to BUSINESS IMPACT NW, 18 of which have funded it in more than one year.
- Who is the largest funder of BUSINESS IMPACT NW?
- JPMORGAN CHASE FOUNDATION is the largest funder on record, with $1,450,000 in grants. The full list of funders is on this page.
- How can an organization like BUSINESS IMPACT NW 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 30 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