Washington · Nonprofit
THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION
THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION (Washington) receives grants from 4 organizations whose IRS filings report $211,554 to it, the largest being PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL ($198,218). 2 of them have funded it in more than one year.
- Revenue FY2024
- $3.2M
- Funders on record
- 4
- Grants received
- $212k
- Net assets
- $167k
What Thurston Economic Development Council Center for Business Innovation does
Mission
Provide services that develop the entrepreneurial network of thurston county and support the entire business lifecycle from planning, launching, growing, turnaround & exit planning.
As stated on its FY2024 Form 990.
Programs
Southwest washington agricultural business & innovation parkthe sw agriculture business & innovation park is an integrated multi-tenant business park focused on value-added, agricultural/ food-related enterprises. Located within the city of tenino, the park will include a state-of-the art hospitality event center and business resource innovation hub. The park will become an agri-tourism destination and will be a step toward establishing a local supply food chain. Future phases of the park may also include establishing research & educational components. A fully developed agricultural park could provide an estimated 150 jobs. Once established it is projected that the park could generate more than $25 million for the region. Opening of the agriculture park is projected for early fall 2024.
$3,100,364 spent$20,969 earned by the program78% of program spendingLacey makerspacethe roy heynderickx hub for innovation at the lacey makerspace is a workshop for builders, inventors, and anyone who wants to explore their creativity. Located on the saint martin's university campus in zaverl hall, the space serves as a launching point for economic growth, especially in the advanced manufacturing sector. The lacey makerspace benefits the community by providing access to advanced design and fabrication tools, business and education resources, and skill development. Lms has built out an online-learning course home page on teachable. Several courses are in the final stages of editing, to be loaded and made available soon.lms made several large equipment and supply purchases from the eda grant list, including the protomax waterjet, mosaic element printers, embroidery machine and more and is preparing the next round of purchases, to include a rotary air compressor, direct to garment printer, virtual welder, and general shop supplies and tools.
$699,936 spent$195,467 earned by the program18% of program spendingWashington center for women in businessthe washington center for women in business offers no cost, one-on-one business coaching with professionals experienced in business startup, finance, accounting, marketing, and operations. Coaching can be conducted over the phone, through webinars, or in person. Entrepreneurs will leave coaching sessions with a list of next steps in their business journey.in 2023, the wcwb served 339 businesses, started 31 businesses, counseled 292 businesses, and handed out $23,500 worth of scholarships total to 47 businesses.
$162,243 spent$165,753 earned by the program4% of program spending
The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $3,962,543.
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 $125k to $773k (+520%).
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: 2017 86% · 2018 82% · 2019 70% · 2020 88% · 2021 85% · 2022 85% · 2023 96% · 2024 92%. Grants only. Government contracts and fees sit inside program revenue.
98% of THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (72% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 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
Michael Cade
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $8k → $16k.
2 of 4 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: $236k from 5 payers (the payer shares this organization's board, largest The Community Foundation of South Puget Sound). These are real filings, and they are not money THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION raised.
From the IRS filings of THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION’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 ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION leans on a few funders — its largest provides 94% 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 ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION.
Largest funder’s share by year: 2018 100% · 2020 100% · 2021 100% · 2022 100% · 2023 63% — 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.
Where its funders are
100% of THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION's grant income comes from Washington funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 2 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
THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION has grown faster than three-quarters of the 611 unclassified nonprofits its size.
this organization peer median middle 50% of peers· 611 unclassified nonprofits $1M–$10M, FY2024
Organizations like THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION
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
87% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Thurston County Economic Development Council · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION: 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 THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION?
- THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION (Washington) receives grants from 4 organizations whose IRS filings report $211,554 to it, the largest being PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL ($198,218). 2 of them have funded it in more than one year.
- How many funders does THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION have?
- IRS filings report 4 organizations giving $211,554 in grants to THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION, 2 of which have funded it in more than one year.
- Who is the largest funder of THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION?
- PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL is the largest funder on record, with $198,218 in grants. The full list of funders is on this page.
- How can an organization like THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS INNOVATION 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 4 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