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Washington · Nonprofit

THURSTON COUNTY ECONOMIC DEVELOPMENT COU

THURSTON COUNTY ECONOMIC DEVELOPMENT COU (Washington) receives grants from 2 organizations whose IRS filings report $394,281 to it, the largest being PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL ($374,781). 2 of them have funded it in more than one year.

Revenue FY2024
$5.9M
Funders on record
2
Grants received
$394k
Net assets
$408k
2/2 repeat funderspeak grant-dependency 0%
01What it does

What Thurston County Economic Development Cou does

Mission

The mission of the the thurston edc is to promote and increase sustainable economic, investment and employment opportunities throughout thurston county that support the livelihood, values of the residents of the county.

As stated on its FY2024 Form 990.

Programs

  1. Apex acceleratorapex accelerator provides comprehensive support to businesses seeking to win government contracts and subcontracts. The one-on-one technical assistance includes bid reviews, marketing assistance, contract performance, small business certifications, and more. Apex accelerators also hosts procurement training classes and seminars, and helps businesses register with the correct databases in order to compete for government contracts. Washington apex accelerator's mission is to increase the number of government contracts awarded to washington firms so that those firms can grow.

    $2,483,203 spent
    54% of program spending
  2. Thurston strongthe thurston strong economic response and recovery initiative is supported by funding from the u.s. Department of the treasury under the coronavirus state and local fiscal recovery funds award as provided by the american rescue plan act. In 2024, over $1,800,000 went to grant awardees specific to child care businesses. The goal of the thurston strong grants are to provide funding for businesses directly affect by covid-19.

    $2,124,945 spentof which $1,882,598 as grants$409,311 earned by the program
    46% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,608,148.

02The organization over time

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.

100 = 20172017 Revenue 100 ($2.1M) Expenses 100 ($2.0M) Net assets -40 ($-93880)2018 Revenue 113 ($2.3M) Expenses 115 ($2.3M) Net assets -30 ($-70637)2019 Revenue 101 ($2.1M) Expenses 103 ($2.1M) Net assets -21 ($-49504)2020 Revenue 548 ($11M) Expenses 548 ($11M) Net assets 100 ($236k)2021 Revenue 166 ($3.4M) Expenses 171 ($3.4M) Net assets 94 ($222k)2022 Revenue 405 ($8.4M) Expenses 412 ($8.3M) Net assets 133 ($313k)2023 Revenue 209 ($4.3M) Expenses 213 ($4.3M) Net assets 152 ($358k)2024 Revenue 283 ($5.9M) Expenses 288 ($5.8M) Net assets 173 ($408k)
'17'18'19'20'21'22'23'24
Revenue (283)Expenses (288)Net assets (173)

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 $301k to $679k (+125%).

$255k
$320k
$301k
$679k
$705k
$900k
$994k
$1.1M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 78% · 2018 79% · 2019 79% · 2020 94% · 2021 68% · 2022 88% · 2023 86% · 2024 90%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$55k
’17
$12k
’18
$21k
’19
$285k
’20
−$14k
’21
$91k
’22
$46k
’23
$50k
’24
0.4
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

Michael Cade

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2527272724272928
Joined·+10+5+7+4+12+3+6
No longer listed·8577917
03Who funds it

Who funds it, year by year

2017 → 2022: the base held at 1 funder, grant income rose $9k → $11k.

Left out of every figure on this page: $907k from one payer (the payer shares this organization's board, largest United Way of King County). These are real filings, and they are not money THURSTON COUNTY ECONOMIC DEVELOPMENT COU raised.

From the IRS filings of THURSTON COUNTY ECONOMIC DEVELOPMENT COU’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

THURSTON COUNTY ECONOMIC DEVELOPMENT COU leans on a few funders — its largest provides 95% 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

100% 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 THURSTON COUNTY ECONOMIC DEVELOPMENT COU.

95%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2022 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

100% of THURSTON COUNTY ECONOMIC DEVELOPMENT COU's grant income comes from Washington funders.

WA

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

’17
’22
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

Government funding THURSTON COUNTY ECONOMIC DEVELOPMENT COU receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11.7M on record.

Federal$11.7M
grants $11.7Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Defense$10.9M
  • Department of Housing and Urban Development$500k
  • Small Business Administration$300k
  • Department of Commerce$80k

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 THURSTON COUNTY ECONOMIC DEVELOPMENT COU

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

79% of spending goes to programs.

Program 79%Management 21%Fundraising 0%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

WA

Part of a family of 1 related entity

  • Thurston Economic Development Council Center for Business & Innovation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THURSTON COUNTY ECONOMIC DEVELOPMENT COU: 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 THURSTON COUNTY ECONOMIC DEVELOPMENT COU?
THURSTON COUNTY ECONOMIC DEVELOPMENT COU (Washington) receives grants from 2 organizations whose IRS filings report $394,281 to it, the largest being PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL ($374,781). 2 of them have funded it in more than one year.
How many funders does THURSTON COUNTY ECONOMIC DEVELOPMENT COU have?
IRS filings report 2 organizations giving $394,281 in grants to THURSTON COUNTY ECONOMIC DEVELOPMENT COU, 2 of which have funded it in more than one year.
Who is the largest funder of THURSTON COUNTY ECONOMIC DEVELOPMENT COU?
PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL is the largest funder on record, with $374,781 in grants. The full list of funders is on this page.
How can an organization like THURSTON COUNTY ECONOMIC DEVELOPMENT COU 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 FY2024 (financials across 2017–2024), 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 14, 2026. What this page cannot tell you · view filing