Totals
- Total revenue
- $21,401,173
- Total expenses
- $19,461,975
- Contributions and grants received
- $17,570,969
- Grants paid
- $11,540,064
- Program service revenue
- $3,340,545
- Investment income
- $452,918
- Other revenue
- $36,741
- Total assets, end of year
- $1,005,414
- Total liabilities, end of year
- $413,899
- Net assets or fund balances, end of year
- $591,515
- Program services expenses (Part IX)
- $16,616,419
- Management and general expenses
- $2,177,060
- Fundraising expenses
- $668,496
- Program service expenses (Part III)
- $16,616,419
Program services were 85.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$12,407,451
-
1f · All other contributions, gifts and grants
$5,163,518
-
2a · Program service revenue: Support Services
total $2,716,327 · related or exempt $2,716,327
-
2b · Program service revenue: Other Program Services
total $624,218 · related or exempt $624,218
-
3 · Investment income
total $452,918 · excluded $452,918
-
6a · Gross rents
real property $34,578
-
6c · Rental income or loss
real property $34,578
-
6d · Net rental income or loss
total $34,578 · related or exempt $34,578
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: Rebates
total $2,163 · related or exempt $2,163
-
11e · Other revenue, total
$2,163
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,500 · program services $5,500
-
2 · Grants to domestic individuals
total $11,534,564 · program services $11,534,564
-
5 · Compensation of officers, directors and key employees
total $299,220 · program services $236,323 · management and general $35,375 · fundraising $27,522
-
7 · Other salaries and wages
total $4,527,788 · program services $3,576,026 · management and general $535,296 · fundraising $416,466
-
8 · Pension plan contributions
total $116,929 · management and general $116,929
-
9 · Other employee benefits
total $408,586 · management and general $408,586
-
10 · Payroll taxes
total $429,904 · program services $328,432 · management and general $65,371 · fundraising $36,101
-
11b · Fees: legal
total $10,111 · program services $630 · management and general $9,481
-
11c · Fees: accounting
total $14,350 · management and general $14,350
-
11d · Fees: lobbying
total $32,046 · program services $32,021 · management and general $25
-
11e · Fees: professional fundraising services
total $10,303 · fundraising $10,303
-
11g · Fees: other
total $64,019 · program services $4,126 · management and general $56,119 · fundraising $3,774
-
12 · Advertising and promotion
total $15,170 · program services $12,725 · management and general $446 · fundraising $1,999
-
13 · Office expenses
total $193,058 · program services $64,968 · management and general $21,148 · fundraising $106,942
-
14 · Information technology
total $241,801 · program services $179,818 · management and general $50,210 · fundraising $11,773
-
16 · Occupancy
total $142,125 · program services $375 · management and general $141,750
-
17 · Travel
total $28,705 · program services $21,542 · management and general $3,480 · fundraising $3,683
-
20 · Interest
total $14,576 · management and general $14,576
-
22 · Depreciation, depletion and amortization
total $5,803 · management and general $5,803
-
23 · Insurance
total $71,375 · management and general $71,375
-
24a · Other expenses: Taxes License Fees
total $92,516 · program services $82,248 · management and general $1,804 · fundraising $8,464
-
24b · Other expenses: Contracted Services
total $306,572 · program services $301,192 · fundraising $5,380
-
24c · Other expenses: WSOS PA Fees
total $567,936 · management and general $567,936
-
24d · Other expenses: Other Professional Fees
total $301,179 · program services $230,558 · management and general $50,363 · fundraising $20,258
-
24e · All other expenses
total $27,839 · program services $5,371 · management and general $6,637 · fundraising $15,831
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,445,099 · end of year $301,652
-
2 · Savings and temporary cash investments
beginning of year $12,158
-
3 · Pledges and grants receivable
beginning of year $29,472,312
-
4 · Accounts receivable
beginning of year $800,467 · end of year $629,675
-
9 · Prepaid expenses and deferred charges
beginning of year $119,815 · end of year $40,412
-
10a · Land, buildings and equipment: cost or other basis
$105,126
-
10b · Land, buildings and equipment: accumulated depreciation
$71,451
-
10c · Land, buildings and equipment, net
beginning of year $201,766 · end of year $33,675
-
11 · Investments: publicly traded securities
beginning of year $94,307,910
-
17 · Accounts payable and accrued expenses
beginning of year $1,037,309 · end of year $298,096
-
18 · Grants payable
beginning of year $33,913,843
-
19 · Deferred revenue
beginning of year $4,638,143 · end of year $9,136
-
23 · Secured mortgages and notes payable
end of year $100,000
-
25 · Other liabilities
end of year $6,667
-
27 · Net assets without donor restrictions
beginning of year $87,722,232 · end of year $563,213
-
28 · Net assets with donor restrictions
beginning of year $48,000 · end of year $28,302
Mission and programs · 2024
Mission
We all rise when nonprofits thrive. At 501 Commons we serve nonprofits as experts, innovators, and partners. Our passion is to amplify the strength of nonprofits - so all people and communities flourish.
-
501 Commons serves as the program administrator for Washington Opportunity Scholarship. WSOS removes barriers to education and helps Washington students forge their path to high-demand STEM, health care, and trade careers in Washington state. Opportunity scholars receive financial assistance, career training, and mentorship services that uniquely position them to meet our states workforce shortages. 70% of participants are scholars of color, 57% are women or nonbinary, and 67% are first generation scholars.
Expenses $13,372,068 · Grants $11,534,564 · Revenue $435,553
-
Our technology programs include IT infrastructure, cybersecurity, and data solutions. Data solutions worked on 58 database development and maintenance projects with 32 organizations. IT infrastructure worked on 100 projects or ongoing IT managed services with 90 organizations. Organizations receiving managed services have the benefits of ongoing backup, antivirus, and monitoring the security of their networks. These services allow nonprofits of all types and sizes keep their data safe, work efficiently, communicate effectively, and track relationships and results.
Expenses $1,220,238 · Revenue $1,176,161
-
Our financial services program worked on 127 accounting, tax, and consulting engagements with organizations. Having professional financial services at affordable rates provides our clients with the financial data they need to make sound management decisions and allows them to focus on their mission. Budgets, financial reports, and tax returns that meet professional standards are a baseline requirement for effective fundraising.
Expenses $589,907 · Revenue $850,305
-
1370 nonprofits raised $9.3 million on Washington Gives, our year-round fundraising platform, management services include HR, Coaching, Executive Advising, Fundraising guidance, and Management Consulting. BIPOC-led organizations participated in next level, an action learning program that partners executives with an experienced BIPOC leader. Management services provided 217 services to 162 organizations. Many management services are provided by skilled volunteers who are members of our Executive Serivice Corps. Their donated expertise and time is valued at $391,993. Free nonprofit advisory services were provided to 317 organizations. Over 1100 people participated in learning sessions.
Expenses $1,434,206 · Revenue $878,526
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kimberly Connors
WSOS Executive Director
- Total calculated
- $191,357
- From this org
- $172,736
- From related orgs
- $0
- Other
- $18,621
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,736
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,029
- Nontaxable benefits
- $11,592
- Filer's total
- $191,357
-
Nancy Long
Executive Director
- Total calculated
- $134,710
- From this org
- $126,484
- From related orgs
- $0
- Other
- $8,226
- Hours/week
- 40
-
Camille Reynaud
Managing Director of Advancement
- Total calculated
- $122,298
- From this org
- $101,788
- From related orgs
- $0
- Other
- $20,510
- Hours/week
- 40
-
Lisa Magennis
Data & Systems Director
- Total calculated
- $116,602
- From this org
- $100,482
- From related orgs
- $0
- Other
- $16,120
- Hours/week
- 40
-
Eileen Moran
Finance Director
- Total calculated
- $113,522
- From this org
- $112,061
- From related orgs
- $0
- Other
- $1,461
- Hours/week
- 40
-
Jonathan Luster
Managing Director of Impact
- Total calculated
- $113,438
- From this org
- $101,657
- From related orgs
- $0
- Other
- $11,781
- Hours/week
- 40
-
Greg Dietzel
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Rita Ryder
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Jim Yearby
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Marc Garcia
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Nicole Martin
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Sue Potter
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Sean Davis
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Richard Starnes
President
- Total calculated
- $0
- Hours/week
- 0.5
-
Ivan H Lee
Vice President
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris Miller
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Frank Hagel
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
None
no cash amount reported
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 19 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543239349300829
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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