Inatai Foundation
83% goes to programs Strong reserves Declining revenue
Inatai Foundation is a 501(c)(4) organization based in Seattle, Washington, registered in 2016, with $42,472,731 in FY2024 revenue. CharityIndex grades it C, and it directs about 83% of spending to programs.
1301 5th Ave Ste 2600, Seattle, WA, 98101 EIN 30-0889914 Since 2016
Revenue (FY2024)
$42.5M
▲ 1880.7% vs prior year
Health median: $840K
Expenses (FY2024)
$97.2M
Net assets
$2.3B
Employees
68
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating83% to programs
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. For Inatai Foundation: 83% to programs earns a A on this criterion. See the exact thresholds →
FFinancial health25% of the rating284 mo reserves · -129% 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 Inatai Foundation: 284 mo reserves · -129% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Inatai Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Inatai Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Inatai foundation serves leaders and organizations building power in diverse communities across washington state.
Contact & location
- Address
- 1301 5th Ave Ste 2600, Seattle, WA, 98101
- City
- Seattle
- State
- Washington
- Category
- Health Care
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $1.7B (FY2017) to $42.5M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $63.3MNet assets $2.3B
Operating margin
-128.9%
Spent more than it raised in the latest fiscal year.
Total assets
$2.4B
Total liabilities
$63.3M
Net assets
$2.3B
Salaries & benefits
$14.2M
15% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $42,472,731▲1881% | $97,204,905▲12.4% | $2,301,867,426▲7.1% | $2,365,213,466▲6.9% | 990 |
| 2023 | -$2,385,235▼102% | $86,500,562▲4.8% | $2,148,582,731▲7.2% | $2,212,372,777▲6.9% | 990 |
| 2022 | $115,665,680▼4.5% | $82,535,606▲8.9% | $2,004,441,939▼17.4% | $2,068,686,971▼16.7% | 990 |
| 2021 | $121,133,621▼27.3% | $75,806,325▲1300% | $2,426,505,716▲44.2% | $2,482,585,640▲47.5% | 990 |
| 2018 | $166,538,426▼90.4% | $5,413,073▲66.1% | $1,682,306,504▼4.0% | $1,682,901,796▼4.0% | 990 |
| 2017 | $1,733,632,205 | $3,258,860 | $1,753,047,798 | $1,753,614,434 | 990 |
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.
Leadership & compensation (FY2024)
Highest-paid: Nichole Maher — $808,257 (0.83% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nichole Maher | President and Ceo | 40 | $808,257 |
| Peng Wang | Chief Investment Officer | 40 | $589,188 |
| Charlotte Zhang | Senior Portfolio Manager | 40 | $418,474 |
| Brenda Anibarro | Vp of Learning & Community Engagement | 40 | $368,572 |
| Steven Cole-schwartz | Vp of Grantmaking | 40 | $344,235 |
| Carmen Berkley | Vp of Strategy & Impact | 40 | $344,035 |
| Cory Sbarbaro | Executive Vice President (thru 5/24) | 38.8 | $326,591 |
| Anji Lin | Senior Portfolio Manager | 40 | $303,850 |
| Brandy Dukes | Vp of Operations & Administration | 40 | $299,059 |
| Carmen Loh | Finance and Administration Director | 38 | $209,682 |
| Seth Kirby | Chair | 2.3 | $42,000 |
| Dr America Bracho Perez | Director | 1.7 | $35,000 |
| Dr Benjamin Danielson | Director | 2.2 | $35,000 |
| Dr David Fleming | Director | 2.2 | $35,000 |
| Janmarie Ward | Treasurer | 2.2 | $35,000 |
| Luz Vega-marquis | Director | 2.6 | $35,000 |
| Martha Choe | Vice Chair | 2.4 | $35,000 |
| Peter Van Oppen | Director | 2.6 | $35,000 |
| Brenda Rodriguez Lopez | Director | 2 | $32,000 |
| Kazi Joshua | Director | 2 | $32,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Inatai Fund LP | Investment Management Services | $3,470,445 |
| Unimark Construction LLC | Construction Services | $601,952 |
| Citco Fund Services (USA) Inc | Investment Fund Administration | $563,702 |
| The Northern Trust Company | Investment Services | $528,830 |
| Rally | Communication Services | $378,530 |
Grants received · $305K total
4 grants to Inatai Foundation totaling $305K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Inatai Foundation | General operating support | 2024 | $55,000 |
| Inatai Foundation | General operating support | 2023 | $50,000 |
| Inatai Foundation | General operating support | 2022 | $125,000 |
| Inatai Foundation | General operating support | 2021 | $75,000 |
Grants made · $71.0M in FY2024
303 grants totaling $71.0M in FY2024 — showing the 15 largest. All grants made by Inatai Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Northwest Health Foundation | General operating support | $1,500,000 |
| Pride Foundation | Project or program support | $1,375,000 |
| Rvc Seattle | Core support for fiscally sponsored project | $1,235,000 |
| Washington Immigrant Solidarity Network | General operating support | $1,226,000 |
| Ella Adelante | General operating support | $1,200,000 |
| Asians For Collective Action | General operating support | $1,057,500 |
| Utsav Voice | General operating support | $1,055,000 |
| United Territories of Pacific Islanders Washington-utopia Wa | General operating support | $1,005,000 |
| Asia Pacific Cultural Center | General operating support | $957,500 |
| Tri Cities Diversity & Inclusion Council | General operating support | $955,000 |
| Central Washington Justice For Our Neighbors | General operating support | $950,000 |
| Pacific Islander Community Association | General operating support | $932,500 |
| Mia Mujeres In Action | General operating support | $906,250 |
| Foundation For Youth Resiliency and Engagement | General operating support | $761,000 |
| Wscadv | General operating support | $757,500 |
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Frequently asked questions
- Is Inatai Foundation a legitimate nonprofit?
- Yes. Inatai Foundation is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 30-0889914, based in Seattle, Washington.
- What is Inatai Foundation's EIN?
- Inatai Foundation's Employer Identification Number (EIN) is 30-0889914.
- How much revenue does Inatai Foundation report?
- Inatai Foundation reported $42,472,731 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Inatai Foundation's spending goes to programs?
- Inatai Foundation spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Inatai Foundation have?
- CharityIndex grades Inatai Foundation C, based on program efficiency and fundraising cost.
- How much does Inatai Foundation's highest-paid employee make?
- The highest reported compensation on Inatai Foundation's latest Form 990 is $808,257, paid to Nichole Maher (President and Ceo).
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Data for Inatai Foundation (EIN 30-0889914) 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.