Network For Business Innovation And Substainability, Seattle University Business And Eco in Vashon, Washington (WA)

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Network For Business Innovation And Substainability, Seattle University Business And Eco
Employer Identification Number (EIN)432009276
Name of OrganizationNetwork For Business Innovation And Substainability
Secondary NameSeattle University Business And Eco
In Care of NameKarl A Ostrom
Address27917 142nd Ave Sw, Vashon, WA 98070-8223
SubsectionEducational Organization
Ruling Date03/2011
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$863
Amount of Income$66,792
Form 990 Revenue Amount$66,792
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2013: $66,792 (it was $51,442 in 2011)
Network For Business Innovation And Substainability, Seattle University Business And Eco: 

 $66,792
Other organizations performing similar types of work: 

 $141,217

Assets in 2013: $863 (it was $5,673 in 2011)
This organization: 

 $863
Other organizations performing similar types of work: 

 $121,026

Expenses in 2011: $54,857
Network For Business Innovation And Substainability, Seattle University Business And Eco: 

 $54,857
Other organizations performing similar types of work: 

 $118,087

Income to expenses ratio in 2011: 1.2
Network For Business Innovation And Substainability, Seattle University Business And Eco: 

 1.2
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2011: 22.8%
Network For Business Innovation And Substainability, Seattle University Business And Eco: 

 22.8%
Other organizations performing similar types of work: 

 87.4%

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$51,442
Contributions, gifts, grants, and similar amounts received$11,717
Program service revenue including government fees and contracts$16,894
Membership dues and assessments$22,831
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$54,857
Total net assets$-1,965
Deficit for the year$-3,415
Net assets or fund balances at beginning of year$1,450
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$5,673
Total liabilities$7,638
Net assets or fund balances$-1,965
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$113,040
Gifts, grants, contributions, and membership fees received$59,445
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$32,091
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Other$21,504
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ventura County Community Development Corporation2231 Sturgis Rd Unit A, Oxnard, CA 93030-7813CA2003-05$5,683,551
2Rainier Valley Community Development Fund6951 Martin Luther King Jr Way S 22, Seattle, WA 98118-3597WA2003-12$6,748,450
3Pike Place Market Qalicb85 Pike St Ste 500, Seattle, WA 98101-2166WA2011-05$2,573,265
4Urban Mobility Group1809 7th Ave Ste 900, Seattle, WA 98101-1330WA2008-08$844,496
5Industrial Park At Transalta1111 Big Hanaford Rd, Centralia, WA 98531-9104WA2010-10$673,160
6West Seattle Junction Association4210 Sw Oregon Street Suite A, Seattle, WA 98116-4236WA2002-05$501,015
7William M Factory Small Business Incubator1423 E 29th St, Tacoma, WA 98404-4008WA1996-02$497,091
8Langley Main Street Association, Langley Main StreetPO BOX 1226, Langley, WA 98260-1226WA2011-10$126,395
9Community Enrichment For Klickitat County304 Fish Hatchery Rd, Goldendale, WA 98620-3201WA2009-12$118,219
10Americans Building CommunityPo Box 5888, Vancouver, WA 98668WA2010-09$76,224
11Network For Business Innovation And Substainability, Seattle University Business And Eco27917 142nd Ave Sw, Vashon, WA 98070-8223WA2011-03$66,792
12Spokane Neighborhood Economic Development AlliancePO BOX 7540, Spokane, WA 99207-0409WA2000-02$44,865
13Action Better City A Nonprofit Corporation2025 1st Ave Ste 420, Seattle, WA 98121-2176WA2001-01$0
14Bridge To Bridge River To Railroad Development CorporationPO BOX 5493, Kennewick, WA 99336-0493WA2005-01$0
15Center For Economic Opportunity360 Washington Ave Unit 305, Bremerton, WA 98337WA2009-03$0
16Cheney Jubilee1921 1st St Pmb 973, Cheney, WA 99004WA2000-11$0
17Chinese Business And Technology Association Of Greater Seattle614 122nd Ave Ne, Bellevue, WA 98005-3117WA2003-06$0
18Cms Contract Management ServicesPO BOX 2189, Bremerton, WA 98310-0294WA2012-10$0
19Craft3 Future Energy Fund203 Howerton Way Se, Ilwaco, WA 98624-9089WA2015-01$0
20Hood Canal Improvement ClubPo Box 312, Union, WA 98592WA1987-09$0
Number of organizations performing similar types of work
Alaska2
Alabama36
Arkansas9
Arizona16
California121
Colorado26
Connecticut22
District of Columbia16
Delaware6
Florida53
Georgia54
Hawaii10
Iowa18
Idaho7
Illinois68
Indiana30
Kansas9
Kentucky18
Louisiana32
Massachusetts22
Maryland45
Maine10
Michigan54
Minnesota10
Missouri35
Mississippi17
Montana9
North Carolina65
North Dakota5
Nebraska6
New Hampshire8
New Jersey38
New Mexico14
Nevada6
New York135
Ohio94
Oklahoma18
Oregon18
Pennsylvania93
Rhode Island2
South Carolina34
South Dakota10
Tennessee36
Texas74
Utah5
Virginia30
Vermont9
Washington29
Wisconsin30
West Virginia14
Wyoming3
International7
Total1,538

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