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Washington · Nonprofit

WA THERAPY FUND FOUNDATION

WA THERAPY FUND FOUNDATION (Washington) receives grants from 22 organizations whose IRS filings report $1,003,628 to it, the largest being KAISER FOUNDATION HEALTH PLAN OF WASHINGTON ($412,500). 6 of them have funded it in more than one year.

Revenue FY2024
$1.0M
Funders on record
22
Grants received
$1.0M
Net assets
$820k
6/22 repeat funderspeak grant-dependency 54%
01What it does

What Wa Therapy Fund Foundation does

Mission

To eliminate barriers to healing within Black communities that have been historically excluded from care.

As stated on its FY2024 Form 990.

Program

  1. Supporting the tuition cost to increase the number of culturally responsive clinicians serving marginalized populations.

    $611,209 spentof which $22,704 as grants$22,600 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $611,209.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.

100 = 20202020 Revenue 100 ($96k) Expenses 100 ($55k) Net assets 100 ($40k)2021 Revenue 248 ($237k) Expenses 440 ($243k) Net assets 91 ($36k)2022 Revenue 942 ($900k) Expenses 896 ($496k) Net assets 1097 ($441k)2023 Revenue 949 ($906k) Expenses 1332 ($737k) Net assets 1518 ($610k)2024 Revenue 1076 ($1.0M) Expenses 1525 ($844k) Net assets 2040 ($820k)
20202021202220232024
Revenue (1076)Expenses (1525)Net assets (2040)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $62k to $468k (+658%).

$40k
$62k
$468k
$638k
$822k
20202021202220232024
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.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 50% · 2023 39% · 2024 65%. Grants only. Government contracts and fees sit inside program revenue.

97% of WA THERAPY FUND FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$40k
’20
−$6k
’21
$405k
’22
$169k
’23
$184k
’24
11
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

Ashley Mcgirt

CEO/President

As listed on its FY2024 Form 990.

2021202220232024
Listed710920
Joined·+6+2+12
No longer listed·331
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 6 funders to 7 funders, grant income rose $85k → $261k.

8 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% 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 WA THERAPY FUND FOUNDATION’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

WA THERAPY FUND FOUNDATION leans on a few funders — its largest provides 41% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

93% 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 WA THERAPY FUND FOUNDATION.

41%
largest funder
69%
top three
~4
effective funders

Largest funder’s share by year: 2021 41% · 2022 54% · 2023 58% — 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.

Where its funders are

WA THERAPY FUND FOUNDATION draws 72% of its grant income from funders outside Washington, across 6 states in all.

WA
MN
OR
CA
VA
DE

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

’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $376k arriving through sponsors registered in 6 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.

04Its place in the field

Against its field

WA THERAPY FUND FOUNDATION runs a healthier operating margin than three-quarters of the 8,121 health nonprofits its size.

Operating margin18% · top quartile
Months of reserve10.7mo · top quartile
Revenue growth (annualized)81% · top quartile

this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024

Organizations like WA THERAPY FUND FOUNDATION

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

77% of spending goes to programs.

Program 77%Management 18%Fundraising 5%

Governance

20
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for WA THERAPY FUND FOUNDATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 WA THERAPY FUND FOUNDATION?
WA THERAPY FUND FOUNDATION (Washington) receives grants from 22 organizations whose IRS filings report $1,003,628 to it, the largest being KAISER FOUNDATION HEALTH PLAN OF WASHINGTON ($412,500). 6 of them have funded it in more than one year.
How many funders does WA THERAPY FUND FOUNDATION have?
IRS filings report 22 organizations giving $1,003,628 in grants to WA THERAPY FUND FOUNDATION, 6 of which have funded it in more than one year.
Who is the largest funder of WA THERAPY FUND FOUNDATION?
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON is the largest funder on record, with $412,500 in grants. The full list of funders is on this page.
How can an organization like WA THERAPY FUND FOUNDATION 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 2020–2024), and the filings of 22 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