Washington · Nonprofit
WASHINGTON ASSET BUILDING COALITION
WASHINGTON ASSET BUILDING COALITION (Washington) receives grants from 3 organizations whose IRS filings report $21,909 to it, the largest being The Community Foundation of South Puget Sound ($15,301). 1 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $70k
- Funders on record
- 3
- Grants received
- $22k
- Net assets
- $0
What Washington Asset Building Coalition does
Mission
To provide opportunities for low and moderate-income residents in washington to build, maintain, and preserve assets through investments in education, home ownership, personal savings, and entrepreneurship.
As stated on its FY2023 Form 990.
Program
Wabc is the lead organization in washington state for promoting policies, programs and strategies for helping low income individuals and communities build assets that will provide them with an economic foundation to move into the middle class. To accomplish this mission, in 2023 wabc served as the convener for the 15 local asset building coalitions in washington state, facilitating quarterly meetings, topical trainings as needed and providing technical assistance on savings programs for low-income individuals, child savings accounts, retirement savings and financial education. Wabc worked extensively on promoting the establishment of a statewide retirement savings system for lower-income and first-time workers as well as promotion and education around the proposed washington futures fund.
$40,968 spent100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $40,968.
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.
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 $148k to $0 (−100%).
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: 2022 87% · 2023 93%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 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.
Who funds it, year by year
2017 → 2018: the base held at 2 funders, grant income fell $11k → $11k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 70% 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 WASHINGTON ASSET BUILDING COALITION’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
WASHINGTON ASSET BUILDING COALITION leans on a few funders — its largest provides 70% 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
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 WASHINGTON ASSET BUILDING COALITION.
Largest funder’s share by year: 2017 86% · 2018 53% — 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
70% of WASHINGTON ASSET BUILDING COALITION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $7k that is directly attributable, 100% of it comes from Washington funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 1 state 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.
Organizations like WASHINGTON ASSET BUILDING COALITION
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
85% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for WASHINGTON ASSET BUILDING COALITION: 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 WASHINGTON ASSET BUILDING COALITION?
- WASHINGTON ASSET BUILDING COALITION (Washington) receives grants from 3 organizations whose IRS filings report $21,909 to it, the largest being The Community Foundation of South Puget Sound ($15,301). 1 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does WASHINGTON ASSET BUILDING COALITION have?
- IRS filings report 3 organizations giving $21,909 in grants to WASHINGTON ASSET BUILDING COALITION, 1 of which have funded it in more than one year.
- Who is the largest funder of WASHINGTON ASSET BUILDING COALITION?
- The Community Foundation of South Puget Sound is the largest funder on record, with $15,301 in grants. The full list of funders is on this page.
- How can an organization like WASHINGTON ASSET BUILDING COALITION 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 Washington Asset Building Coalition →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 3 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