Eight-eleven Development
Only null% goes to programs Thin reserves Growing revenue
Eight-eleven Development is a 501(c)(3) organization based in Spokane, Washington, registered in 1994, with $74,534 in FY2024 revenue. CharityIndex grades it F.
818 W Riverside Ave Ste 300, Spokane, WA, 99201 EIN 91-1623826 Since 1994
Revenue (FY2024)
$75K
▲ 12.6% vs prior year
Housing median: $408K
Expenses (FY2024)
$89K
Net assets
-$204K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Eight-eleven Development— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -19% 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 Eight-eleven Development: 0 mo reserves · -19% margin earns a F 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 Eight-eleven Development— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Eight-eleven Development: 1 of 5 disclosure signals earns a D 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
- 818 W Riverside Ave Ste 300, Spokane, WA, 99201
- City
- Spokane
- State
- Washington
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $45K (FY2010) to $75K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $425KNet assets -$204K
Operating margin
-19.1%
Spent more than it raised in the latest fiscal year.
Total assets
$221K
Total liabilities
$425K
Net assets
-$204K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $74,534▲12.6% | $88,800▲19.1% | -$203,958▼7.5% | $220,853▼3.9% | 990EZ |
| 2023 | $66,188▲14.1% | $74,581▲7.3% | -$189,692▼4.6% | $229,804▼3.8% | 990EZ |
| 2022 | $58,011▲2.3% | $69,513▲5.9% | -$181,299▼6.8% | $238,771▼4.3% | 990EZ |
| 2021 | $56,725▼7.3% | $65,671▲14.9% | -$169,797▼5.6% | $249,427▼3.0% | 990EZ |
| 2020 | $61,163▲32.5% | $57,163▲3.0% | -$160,851▲2.4% | $257,162▲1.9% | 990EZ |
| 2019 | $46,159▲10.7% | $55,506▲0.1% | -$164,851▼6.0% | $252,368▼3.5% | 990EZ |
| 2018 | $41,703▼12.8% | $55,449▲15.0% | -$155,504▼9.7% | $261,541▼5.3% | 990EZ |
| 2017 | $47,846▲16.2% | $48,218▼3.2% | -$141,758▼0.3% | $276,295▼0.5% | 990EZ |
| 2016 | $41,163▼19.6% | $49,804▼7.5% | -$141,386▼6.5% | $277,618▼2.7% | 990EZ |
| 2015 | $51,225 | $53,821▼4.8% | -$132,745▲10.1% | $285,305▼0.9% | 990EZ |
| 2014 | $51,225▼0.2% | $56,546▲8.2% | -$147,704▼3.7% | $287,901▼0.8% | 990EZ |
| 2013 | $51,323▲33.1% | $52,259▲2.9% | -$142,383▼0.7% | $290,117▲0.4% | 990EZ |
| 2012 | $38,574▼4.3% | $50,778▲23.4% | -$141,447▼9.4% | $288,957▼2.8% | 990EZ |
| 2011 | $40,308▼10.0% | $41,164▼7.5% | -$129,243▼0.7% | $297,263▼1.1% | 990EZ |
| 2010 | $44,769 | $44,500 | -$128,387 | $300,527 | 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.
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Frequently asked questions
- Is Eight-eleven Development a legitimate nonprofit?
- Yes. Eight-eleven Development is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-1623826, based in Spokane, Washington. Donations are tax-deductible.
- What is Eight-eleven Development's EIN?
- Eight-eleven Development's Employer Identification Number (EIN) is 91-1623826.
- How much revenue does Eight-eleven Development report?
- Eight-eleven Development reported $74,534 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Eight-eleven Development have?
- CharityIndex grades Eight-eleven Development F, based on financial health (reserves and operating margin).
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Data for Eight-eleven Development (EIN 91-1623826) 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.