Avela - A Vision For Engineering Literacy & Access
Only null% goes to programs Growing revenue
Avela - A Vision For Engineering Literacy & Access is a 501(c)(3) organization based in Seattle, Washington, registered in 2022, with $826,244 in FY2024 revenue. CharityIndex grades it B.
5237 University Way Ne Apt 208, Seattle, WA, 98105 EIN 88-4125697 Since 2022
Revenue (FY2024)
$826K
▲ 83.7% vs prior year
Education median: $200K
Expenses (FY2024)
$840K
Net assets
$324K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Avela - A Vision For Engineering Literacy & Access— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Avela - A Vision For Engineering Literacy & Access: 5 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Avela - A Vision For Engineering Literacy & Access— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Avela - A Vision For Engineering Literacy & Access: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 5237 University Way Ne Apt 208, Seattle, WA, 98105
- City
- Seattle
- State
- Washington
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue grew from $175K (FY2022) to $826K (FY2024) across 3 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $324K
Operating margin
-1.6%
Spent more than it raised in the latest fiscal year.
Total assets
$324K
Total liabilities
$0
Net assets
$324K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $826,244▲83.7% | $839,514▲214% | $324,049▼3.9% | $324,049▼3.9% | 990 |
| 2023 | $449,839▲157% | $266,974▲610% | $337,319▲145% | $337,319▲145% | 990 |
| 2022 | $175,060 | $37,606 | $137,454 | $137,454 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $127K total
3 grants to Avela - A Vision For Engineering Literacy & Access totaling $127K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| Credit Unions In the State of Washington | Donation | 2024 | $50,000 |
| Donor Advised Charitable Giving | Education | 2023 | $27,000 |
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Frequently asked questions
- Is Avela - A Vision For Engineering Literacy & Access a legitimate nonprofit?
- Yes. Avela - A Vision For Engineering Literacy & Access is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 88-4125697, based in Seattle, Washington. Donations are tax-deductible.
- What is Avela - A Vision For Engineering Literacy & Access's EIN?
- Avela - A Vision For Engineering Literacy & Access's Employer Identification Number (EIN) is 88-4125697.
- How much revenue does Avela - A Vision For Engineering Literacy & Access report?
- Avela - A Vision For Engineering Literacy & Access reported $826,244 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Avela - A Vision For Engineering Literacy & Access have?
- CharityIndex grades Avela - A Vision For Engineering Literacy & Access B, based on financial health (reserves and operating margin).
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Data for Avela - A Vision For Engineering Literacy & Access (EIN 88-4125697) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.