Finance and Audit Committee Meeting - Building Changes 2015... · Guests Mark Raker and Megan...

Finance and Audit Committee

Meeting

Wednesday, April 15, 2015

Meeting Location: BC, 2nd floor conference room

4:00 – 5:30pm

Proposed meeting results

1. Finance & Audit Committee members have Executive Session with Auditor. 2. Committee has the opportunity to review and discuss Year End Financials.

Agenda

I. Auditor Report (Peterson Sullivan to join)……………...........................All (30 mins) Result: Committee has the opportunity to ask questions regarding the annual audit.

II. Review of Form 990………………………………………………….....…..All (45 mins) Result: Committee gains understanding of the contents of the 990.

III. Review of 2/28/15 Financial Statements…………………………………….All (5 mins)

Result: Committee gains understanding of Building Changes operations through financial reports.

IV. Review and Approve Minutes from 2/18/15 Finance and Audit Committee meeting…………………………………………………………..……………...All (5 min) Result: Committee members approve that last meeting’s minutes reflect what happened.

Please let Alice MW. know if you plan to join via phone in advance: Conference line: 877-594-8353, code 78904181

Next Meeting: June 17, 2015

BC Finance & Audit Committee Packet Pg. 1 of 77

Finance and Audit Committee

Meeting Minutes

Wednesday, February 18, 2015

4 – 5 PM

Board Attendance Brian Abeel, Barb Herr, Lori Kaiser, Cheryl DeBoise, Bob Davis, Arnaz Bharucha

Guests Mark Raker and Megan Hurley

Staff Attendance Tekle Bushen, Armilito Pangilinan, Alice Shobe

I. Executive Session with Auditor (Peterson Sullivan) Mark Raker and Megan Hurley joined the executive session of the meeting to discuss the annual audit of Building Changes’ finances.

II. Introduction to the Finance Committee for New Members

Committee members introduced themselves by giving short information about their job and experience working/volunteering in non-profit organizations.

III. Review and Approval of Minutes from 11/19/14 meeting The minutes from the 11/19/14 meeting, as written, having been reviewed, were approved unanimously.

IV. Year End Financials Armilito presented the Financial Statements for the period that ended December 31.Discussion ensued. Actions: a) Armilito will modify the discussion portion of the financial report to say that “Net of revenues over

expenses before grants is $161K.” b) Armilito and Alice will work on strategy on best way to share with the Board the Operational issues

that affect the financials. c) Lori and Armilito will make themselves available to individual Board members if s/he would like to

have a deeper understanding of Building Changes’ finances; in particular in trying to understand the Financial Dashboard.

d) The Committee will schedule discussion of the operating reserves in future meeting to answer the question, “What do we want to add or not add to the rainy day fund?”

Committee meeting adjourned at 5:05pm.


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BUILDING CHANGES

FINANCIAL REPORT

DECEMBER 31, 2014


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C O N T E N T S

Page

INDEPENDENT AUDITORS' REPORT .................................................................................................... 1 and 2

FINANCIAL STATEMENTS

STATEMENTS OF FINANCIAL POSITION ............................................................................................................................... 3

STATEMENTS OF ACTIVITIES ...................................................................................................................................................... 4

STATEMENT OF FUNCTIONAL EXPENSES - 2014 .............................................................................................................. 5

STATEMENT OF FUNCTIONAL EXPENSES - 2013 .............................................................................................................. 6

STATEMENTS OF CASH FLOWS ................................................................................................................................................ 7

NOTES TO FINANCIAL STATEMENTS ........................................................................................................................... 8 - 16

INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL

STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING

STANDARDS ......................................................................................................................................... 17 and 18


INDEPENDENT AUDITORS' REPORT

To the Board of Directors

Building Changes

Seattle, Washington

We have audited the accompanying financial statements of Building Changes, which comprise the

statement of financial position as of December 31, 2014, and the related statements of activities, functional

expenses, and cash flows for the year then ended, and the related notes to the financial statements.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in

accordance with accounting principles generally accepted in the United States; this includes the design,

implementation, and maintenance of internal control relevant to the preparation and fair presentation of

financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We

conducted our audit in accordance with auditing standards generally accepted in the United States.

Those standards require that we plan and perform the audit to obtain reasonable assurance about

whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in

the financial statements. The procedures selected depend on the auditor's judgment, including the

assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.

In making those risk assessments, the auditor considers internal control relevant to the entity's preparation

and fair presentation of the financial statements in order to design audit procedures that are appropriate

in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's

internal control. Accordingly, we express no such opinion. An audit also includes evaluating the

appropriateness of accounting policies used and the reasonableness of significant accounting estimates

made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for

our audit opinion.


2

Opinion

In our opinion, the financial statements referred to above present fairly, in all material respects, the

financial position of Building Changes as of December 31, 2014, and the changes in its net assets and its

cash flows for the year then ended in accordance with accounting principles generally accepted in the

United States.

Prior Period Financial Statements

The financial statements of Building Changes as of December 31, 2013, were audited by other auditors

whose report dated April 25, 2014, expressed an unmodified opinion.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated

________________________, on our consideration of internal control at Building Changes over financial

reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and

grant agreements and other matters. The purpose of that report is to describe the scope of our testing

of internal control over financial reporting and compliance and the results of that testing, and not to

provide an opinion on internal control over financial reporting or on compliance. That report is an

integral part of an audit performed in accordance with Government Auditing Standards in considering the

internal control at Building Changes over financial reporting and compliance.

____________________________


See Notes to Financial Statements

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BUILDING CHANGES

STATEMENTS OF FINANCIAL POSITION

December 31, 2014 and 2013

ASSETS 2014 2013

Current Assets

Cash and cash equivalents 10,914,720$ 10,583,442$

Restricted cash 294,130 70,308

Investments 2,489,604 3,048,207

Current portion of accounts and grants receivable 1,801,945 1,595,117

Current portion of promises to give 2,373,651 2,843,807

Prepaid expenses and deposits 100,387 43,753

Total current assets 17,974,437 18,184,634

Accounts and Grants Receivable, less current portion 1,391,365 1,581,742

Promises to Give, less current portion 1,293,925 9,709

Property and Equipment, net - 6,463

Total assets 20,659,727$ 19,782,548$

LIABILITIES AND NET ASSETS

Current Liabilities

Accounts payable and accrued expenses 219,889$ 188,693$

Current portion of grants payable 5,524,839 6,915,780

Total current liabilities 5,744,728 7,104,473

Grants payable, less current portion 2,937,314 3,575,920

Total liabilities 8,682,042 10,680,393

Net Assets

Unrestricted

Undesignated 1,269,134 1,335,826

Board designated 480,726 622,266

1,749,860 1,958,092

Temporarily restricted 10,227,825 7,144,063

Total net assets 11,977,685 9,102,155

Total liabilities and net assets 20,659,727$ 19,782,548$



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BUILDING CHANGES

STATEMENTS OF ACTIVITIES

For the Years Ended December 31, 2014 and 2013

Unrestricted

Temporarily

Restricted Total Unrestricted

Temporarily

Restricted Total

Support and Revenue

Foundation and corporation contributions 71,316 8,259,863 8,331,179 235,205 7,810,000 8,045,205

Government grants and contracts 2,731,554 2,731,554 576,720 576,720

Technical assitance and other 213,997 213,997 23,293 23,293

Individual contributions 110,434$ 10,000$ 120,434$ 232,915$ -$ 232,915$

Net assets released from restrictions 5,204,428 (5,204,428) 8,372,934 (8,372,934)

Total support and revenue 8,331,729 3,065,435 11,397,164 9,441,067 (562,934) 8,878,133

Expenses

Program services 7,737,845 7,737,845 8,402,141 8,402,141

Management and general 570,634 570,634 595,683 595,683

Fundraising 259,079 259,079 250,923 250,923

Total expenses 8,567,558 - 8,567,558 9,248,747 - 9,248,747

Change in net assets before investment income (235,829) 3,065,435 2,829,606 192,320 (562,934) (370,614)

Investment income 27,597 18,327 45,924 16,147 10,140 26,287

Change in net assets (208,232) 3,083,762 2,875,530 208,467 (552,794) (344,327)

Net Assets, beginning of year 1,958,092 7,144,063 9,102,155 1,749,625 7,696,857 9,446,482

Net Assets, end of year 1,749,860$ 10,227,825$ 11,977,685$ 1,958,092$ 7,144,063$ 9,102,155$

2014 2013



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BUILDING CHANGES

STATEMENT OF FUNCTIONAL EXPENSES

For the Year Ended December 31, 2014

Grantmaking

and

Evaluation

Capacity

Building

Advocacy

and Policy

Total

Program

Services

Management

and General Fundraising Total

Salaries and wages 422,823$ 775,322$ 139,038$ 1,337,183$ 315,567$ 121,897$ 1,774,647$

Payroll taxes and benefits 80,972 175,951 30,678 287,601 64,681 24,324 376,606

Total payroll expenses 503,795 951,273 169,716 1,624,784 380,248 146,221 2,151,253

Grants to others 5,168,204 5,350 5,173,554 5,173,554

Professional fees 283,779 227,438 13,039 524,256 84,143 59,017 667,416

Occupancy 41,918 78,423 14,209 134,550 27,849 12,385 174,784

Conferences and meetings 8,331 56,214 6,812 71,357 7,427 18,149 96,933

Travel 17,733 57,001 9,334 84,068 7,142 520 91,730

Supplies 9,477 22,129 2,770 34,376 20,164 2,176 56,716

Staff recruitment and development 4,660 11,134 885 16,679 18,955 1,546 37,180

Telephone 5,560 12,150 3,334 21,044 4,215 1,424 26,683

Printing and publications 3,230 9,758 1,934 14,922 2,651 5,689 23,262

Dues and licenses 5,188 955 7,786 13,929 6,184 320 20,433

Miscellaneous 242 252 145 639 5,797 7,986 14,422

Insurance 2,422 5,155 1,068 8,645 2,118 884 11,647

Postage and delivery 27 5,924 36 5,987 522 1,939 8,448

Equipment rental and maintenance 1,302 2,417 438 4,157 2,093 384 6,634

Depreciation 1,570 2,822 506 4,898 1,126 439 6,463

Total expenses 6,057,438$ 1,448,395$ 232,012$ 7,737,845$ 570,634$ 259,079$ 8,567,558$



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BUILDING CHANGES

STATEMENT OF FUNCTIONAL EXPENSES

For the Year Ended December 31, 2013

Grantmaking

and

Evaluation

Capacity

Building

Advocacy

and Policy

Total

Program

Services

Management

and General Fundraising Total

Salaries and wages 307,524$ 669,833$ 211,924$ 1,189,281$ 278,528$ 131,634$ 1,599,443$

Payroll taxes and benefits 67,846 145,960 45,686 259,492 55,922 29,332 344,746

Total payroll expenses 375,370 815,793 257,610 1,448,773 334,450 160,966 1,944,189

Grants to others 6,231,457 11,323 6,242,780 6,242,780

Professional fees 231,908 139,397 18,783 390,088 120,977 40,400 551,465

Occupancy 37,215 70,460 19,931 127,606 32,213 13,623 173,442

Conferences and meetings 8,880 13,996 8,107 30,983 2,875 17,463 51,321

Travel 7,521 25,041 9,166 41,728 9,055 250 51,033

Supplies 4,062 11,388 3,219 18,669 39,012 2,266 59,947

Staff recruitment and development 15,038 2,607 840 18,485 15,010 947 34,442

Telephone 4,747 8,354 4,567 17,668 3,831 1,366 22,865

Printing and publications 46 311 357 17,240 2,800 20,397

Dues and licenses 5,365 6,432 7,932 19,729 2,009 646 22,384

Miscellaneous 1,918 3,913 1,114 6,945 1,834 735 9,514

Insurance 136 7,245 14 7,395 909 1,365 9,669

Postage and delivery 2,010 6,853 1,320 10,183 3,129 6,078 19,390

Equipment rental and maintenance 5,764 6,998 1,674 14,436 11,467 1,209 27,112

Depreciation 1,689 3,597 1,030 6,316 1,672 672 8,660

In-kind expense - 137 137

Total expenses 6,933,126$ 1,133,708$ 335,307$ 8,402,141$ 595,683$ 250,923$ 9,248,747$



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BUILDING CHANGES

STATEMENTS OF CASH FLOWS

For the Years Ended December 31, 2014 and 2013

2014 2013

Cash Flows from Operating Activities

Cash received from:

Contributions 7,637,553$ 8,344,215$

Government grants and contracts 2,715,103 1,821,921

Technical assistance and ather 213,997 17,630

Investment income 78,827 84,821

Cash paid for:

Grants to others (7,203,101) (5,980,559)

Personnel (2,124,529) (1,972,822)

Services and supplies (1,288,450) (1,178,546)

Net cash flows from operating activities 29,400 1,136,660

Cash Flows from Investing Activities

Purchases of investments (450,647) (2,311,310)

Proceeds from sales of investments 976,347 3,087,397

Increase in restricted cash (223,822)

Net cash flows from investing activities 301,878 776,087

Change in cash and cash equivalents 331,278 1,912,747

Cash and cash equivalents, beginning of year 10,583,442 8,670,695

Cash and cash equivalents, end of year 10,914,720$ 10,583,442$

Reconciliation of Change in Net Assets

to Net Cash Flows from Operating Activities

Change in net assets 2,875,530$ (344,327)$

Depreciation 6,463 8,660

Realized and unrealized loss on investments 32,903 53,008

Change in operating assets and liabilities

Accounts and grants receivable (16,451) 1,245,201

Promises to give (814,060) 66,095

Prepaid expenses and deposits (56,634) 96,893

Accounts payable and accrued expenses 31,196 (251,091)

Grants payable (2,029,547) 262,221

Net cash flows from operating activities 29,400$ 1,136,660$


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NOTES TO FINANCIAL STATEMENTS

Note 1. Nature of Activities and Organization

Building Changes is a nonprofit organization conducting activities in Washington State to transform the

ways communities work together to end family and youth homelessness. Building Changes believes that

homelessness can be significantly reduced in Washington State when nonprofits, government, and

philanthropy work seamlessly together in a high-performing system that tailors solutions to the needs of

each individual and family.

Mission: Building Changes believes everyone deserves the opportunity for a home, a healthy life, and a

good job. Building Changes unites public and private partners to create innovative solutions through

expert advice, grantmaking, and advocating for lasting change.

Vision: End homelessness together.

Values: Integrity, equity, collaboration, and results.

How Building Changes Works

Building Changes works collaboratively with nonprofits, government, and philanthropy to advance proven

strategies that hold the promise of ending homelessness. Building Changes provides capacity building,

funding, and policy guidance so its partners can do the best work possible. Building Changes' primary

activities are:

Building the capacity of front-line providers and government agencies so they have the knowledge

and skills they need to improve and sustain their programs.

Demonstrating impact through data collection and evaluation.

Providing grants for promising programs and proven solutions to homelessness.

Targeting policy changes that strengthen the approach of collaborative partners to ending

homelessness.

Building Changes' Approach

Building Changes acts as a "compassionate engineer," designing and implementing a better system to end

homelessness. If Building Changes can change the systems that serve the homeless, it can help

communities make more efficient use of their resources - and ultimately, transform lives. Building Changes

applies and tests the following proven and promising strategies:

Economic Opportunities - Promote long-term stability by collaborating with workforce systems and

incorporating educational and employment programs and services into housing.

Rapid Re-Housing - Quickly move people into housing; provide short-term rental assistance, case

management, and employment assistance.

Evaluation - Collect data and evaluate the impact of these approaches to continually improve the

work of communities.

Prevention - Keep families and individuals from falling into homelessness by coordinating efforts

among housing, education, child welfare, health care, social services, and government.

Coordinated Entry - Improve and streamline access to housing and services into one entry point to

quickly meet the specific needs of people experiencing homelessness.


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Tailored Programs and Services - Meet the varying service and housing needs of families and individuals

by delivering a customized level of service at the right time.

Notable Accomplishments for 2014

Coordinated entry is now fully underway in King, Pierce and Snohomish counties. It is helping to

streamline access, assessment, and referral processes for housing and other services across agencies in the

community. All three counties have a better sense of the scope of homelessness and are beginning to

use data to refine their systems and address emerging needs. New data is showing that coordinated

entry has simplified access for families, that many homeless families are ready and able to work and that

the majority of families have many strengths, including recent home ownership or lease, no previous

evictions, recent positive work history, and a high school diploma or higher.

Building Changes played a significant role in implementing Rapid Re-Housing in King County and

throughout Washington State in 2014. This model quickly moves homeless families into permanent

housing using short-term rental assistance, case management, and individualized employment services.

Under a contract with the Washington State Department of Commerce, Building Changes provided

technical assistance to all 39 Washington counties to support effective Rapid Re-housing implementation.

The Washington State Department of Commerce adopted Rapid Re-Housing as an essential tool for

ending family homelessness, making it one of three programs that serves low income families who are

homeless or at risk of homelessness.

Diversion is a new model that engages homeless families as early as possible, moves them from the street

to their own housing, and avoids costly interventions, while freeing up limited shelter beds. The goal is to

serve more families with quick and flexible interventions and the results are encouraging. In 2014,

125 King County families avoided homelessness thanks to a diversion pilot program that provides

recipients the assistance they need. Families received small stipends to rent housing in the private

market, or financial help such as funds for car repair so a parent can keep his or her job. Building

Changes believes this solution can work for many families, while reserving shelter for families who have no

other options.

Building Changes provided training and technical assistance to implement the $6 million Washington State

Department of Labor's Workforce Innovations Fund grant to expand and replicate the Housing and

Employment Navigator model developed in 2010 by Building Changes and its partners. By 2016, this

project will engage 720 homeless families served by housing programs in four Washington counties

(Pierce, Whatcom, Skagit, and Yakima).


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In 2014, Building Changes continued its work to improve the connection between housing and

Healthcare. Building Changes hired a Senior Manager to manage its healthcare initiatives and build

stronger relationships with healthcare organizations. Building Changes' Executive Director Alice Shobe

became the official housing representative on the Washington State-level Behavioral Health Steering

Committee ("the Committee") convened by Washington State's Department of Social & Health Services.

As charged by two recently enacted laws, Senate Bill 5732 and House Bill 1519, the Committee was created

in early 2014 to support the Washington State Health Care Innovation Plan to develop performance

measures in seven areas, including increases in housing stability for people who receive behavioral health

treatments. Building Changes recruited homeless/housing representatives to the Committee's work

groups and convened them to exchange information and ensure broad input in defining housing stability.

During the 2014 legislative session, the work groups participated in weekly phone calls with the

Governor's policy office and other healthcare advocates to ensure housing stability was included in

healthcare bills. Three healthcare bills included significant opportunities for housing and healthcare

cooperation to improve services for people experiencing homelessness, including funding for a pilot

supportive housing program for people exiting behavioral health facilities.

During 2014, Building Changes deepened its racial equity work to address disparities and

disproportionality among families at risk for homelessness. Building Changes' Racial Equity Framework

was finalized in 2014 and articulates the vision of its racial equity work as a primary lens through which it

conducts its work, both internally as part of its organizational culture and externally as reflected

throughout all of its activities, collaborations, and results. Building Changes believes its intentional focus

on building skills among staff on reducing racial disproportionality across its work will lead to

population-level impacts in its work as well. The Racial Equity Framework is now being used to inform

and guide all of Building Changes' work, including grantmaking, capacity building, policy, and evaluation.

Building Changes is leading the Leadership in Action Program, a nine-month Results-Based Leadership

model, in Pierce County. This unique model, developed by the Annie E. Casey Foundation, builds the

capacity of a diverse group of cross-sector community leaders to accelerate measurable improvements in

the well-being of families, children, and communities in the Pierce community. The Pierce County

Leadership in Action Program is the first such offering in Washington State. It launched in

September 2014 with 36 leaders representing more than 30 organizations, and met three times in 2014.

Through the Washington Youth and Families Fund (formerly Washington Families Fund), a successful

public-private partnership, Building Changes made grants in King, Pierce and Snohomish counties to drive

fundamental, systemic changes to the way that homeless families receive support. These private grants

are matched 2.5 to 1 with realigned public funding, to ensure sustainability and increase the impact and

pace of change. Since the fund launched in 2004, Washington State has allocated $17 million to the

Washington Youth and Families Fund, which has leveraged $38.5 million in investments from 25 different

private funders.

In 2014, Building Changes granted $5,173,554 to 37 nonprofits. These grants supported employment,

rapid re-housing, coordinated entry, and other changes to the systems that support homeless families.

Along with funding, Building Changes provides grantees ongoing support in the form of capacity building,

technical assistance, and evaluation.

2014 marked the 10th anniversary of the Washington Youth and Families Fund, which is dedicated to

reducing and ending youth and family homelessness statewide. Building Changes celebrated

Washington Youth and Families Fund's achievements in December, when Governor Inslee and other

Washington State philanthropic and private sector leaders signed a new memorandum of understanding

pledging to make youth, young adult, and family homelessness in Washington a rare, brief, and one-time

occurrence by 2020.


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Note 2. Significant Accounting Policies

Financial Statement Presentation

Building Changes reports information regarding its financial position and activities according to

three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently

restricted net assets. Building Changes has no permanently restricted net assets, so this class of net

assets is not shown on the financial statements.

Temporarily Restricted Net Assets

Temporarily restricted net assets consist of unexpended contributions or grants restricted for particular

purposes or time periods. Temporarily restricted net assets are transferred to unrestricted net assets as

expenditures are incurred for the restricted purpose, or as time restrictions expire. Temporarily restricted

net assets at December 31 consist of:

2014 2013

Washington Families Fund expansion 7,333,538$ 4,295,376$

Washington Families Fund service grantmaking 1,401,433 2,048,510

Contributions restricted for time 327,914 130,000

Youth homelessness 238,990 62,454

WFF high level services evaluation 232,333 267,163

Business planning 225,000

Economic opportunities 206,135 194,258

Healthcare 150,000

Racial disproportionality in homelessness 70,787 146,302

Other 41,695

10,227,825$ 7,144,063$

Unrestricted Net Assets

A portion of unrestricted net assets are designated by the Board for an Innovation Fund, which is intended

to be used to fund new program opportunities.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the

United States requires management to make estimates and assumptions that affect certain reported

amounts and disclosures. Actual results could differ from the estimated amounts.

Cash and Cash Equivalents

Cash and cash equivalents consist of checking, savings, and money market accounts. Cash balances held

in investment accounts are included with investments in the statements of financial position.

Building Changes occasionally has amounts deposited with financial institutions in excess of federally

insured limits.


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Restricted Cash

Restricted cash is not available for general operating purposes and is restricted by donors to be used to

fund grants under the Washington Youth and Family Fund program.

Investments

Investments are reported at their fair values (using Level 1 inputs of the fair value hierarchy, which are

quoted market prices in active markets for identical assets) in the statements of financial position.

Unrealized gains and losses are included in the change in net assets.

Accounts and Grants Receivable

Accounts and grants receivable are due primarily from the Washington State Department of Commerce.

Management provides for probable uncollectible amounts through a charge to expense and a credit to a

valuation allowance based on its assessment of the current status of individual accounts. Balances still

outstanding after management has used reasonable collection efforts are written off through a charge to

the valuation allowance and a credit to the receivable account. Management determined that no

allowance was necessary at December 31, 2014 and 2013. Accounts and grants receivable expected to be

collected after one year from the statement of financial position date are presented as long-term in the

accompanying financial statements.

Promises to Give

Promises to give consist of contributions pledged but not yet received from individuals, foundations, and

corporations. Promises to give that are expected to be collected within one year are recorded at net

realizable value. Promises to give expected to be collected in future years are initially recorded at fair

value, which is measured as the present value of the expected future cash flows. The discount on those

amounts is computed using a risk adjusted interest rate which is applicable to the year in which the award

was received (using Level 3 inputs of the fair value hierarchy, which are unobservable inputs developed by

Building Changes). Of the total promises to give, 74% and 81% were due from one foundation as of

December 31, 2014 and 2013, respectively. Management determined that no allowance was necessary at

December 31, 2014 and 2013.


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Property and Equipment

Property and equipment are recorded at cost or, if donated, at fair value at date of receipt. Building

Changes capitalizes all expenditures for property and equipment with a useful life greater than one year

and a cost in excess of its capitalization threshold of $5,000. Depreciation expense is provided for using

the straight-line method over the assets' estimated useful lives. Depreciation expense for leasehold

improvements is recorded over the shorter of the useful life or the lease term using the straight-line

method. Property and equipment consists of the following at December 31:

2014 2013

Leasehold improvements 143,739$ 143,739$

Furniture and equipment 134,707 353,777

278,446 497,516

Accumulated depreciation (278,446) (491,053)

-$ 6,463$

Grants Payable

Grants payable consist of unconditional promises to pay grants to others. Grants payable are recognized

as expense, and the related liability recognized, at fair value in the period grants are awarded or paid. In

general, grants are payable over three years. In some instances, grants are payable in more than

three years and are recognized in the period it becomes probable that the grants will be paid. Fair value

is measured as the present value of the expected future cash flows. The discount on those amounts is

computed using a risk adjusted interest rate which is applicable to the year in which the award was made

(using Level 3 inputs of the fair value hierarchy, which are unobservable inputs developed by

Building Changes).

Revenue Recognition

Contributions: Unconditional promises to give are recognized as unrestricted, temporarily restricted, or

permanently restricted support depending on the existence and/or nature of any donor restrictions at fair

value during the period a cash gift or non-cash gift is received or pledged.

Government grants: Revenue related to governmental grants and contracts is recognized when grants

payable to others have been awarded or paid.

Technical assistance service fees: Technical assistance service fees represent fees for training and

consulting services, and are recognized as the services are provided.

One foundation and the Washington State Department of Commerce accounted for 60% and 23%,

respectively, of total support and revenue for 2014. One foundation and the Washington State

Department of Commerce accounted for 84% and 9%, respectively, of total support and revenue for 2013.

Functional Allocation of Expenses

The costs of providing the various programs and other activities have been summarized on a functional

basis in the statements of activity and statements of functional expenses. Accordingly, certain costs have

been allocated between the program and supporting services benefited.


14 091665fs123114 Revised: 4/7/2015 8:37 AM mcp

Income Taxes

Building Changes is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue

Code, and its federal returns are open to review by federal taxing authorities for the last three years.

Reclassifications

Certain balances have been reclassified in the 2013 financial statements in order to conform to current

year presentation. These reclassifications had no effect on net assets or the change in net assets as of or

for the year ended December 31, 2013.

Subsequent Events

Building Changes has evaluated subsequent events through the date these financial statements were

available to be issued, which is the same date as the independent auditors' report.

Note 3. Investments

Investments consist of the following at December 31:

2014 2013

Cash and cash equivalents 143,484$ 309,722$

Fixed income securities

Government mortgage backed securities 948,125 1,054,838

Corporate bonds 878,349 1,019,437

Treasury notes 519,646 664,210

2,489,604$ 3,048,207$

Investment income was composed of:

2014 2013

Realized and unrealized losses (32,903)$ (53,008)$

Interest income 78,827 79,295

45,924$ 26,287$


15 091665fs123114 Revised: 4/7/2015 8:37 AM mcp

Note 4. Promises to Give

Promises to give were due as follows as of December 31:

2014 2013

Receivable in less than one year 2,373,651$ 2,843,807$

Receivable in one to five years 1,320,000 10,000

3,693,651 2,853,807

Unamortized discount (2%) (26,075) (291)

3,667,576$ 2,853,516$

Included in the statements of financial position as follows:

2014 2013

Promises to give - current portion 2,373,651$ 2,843,807$

Promises to give - long-term portion 1,293,925 9,709

3,667,576$ 2,853,516$

Note 5. Grants Payable

Grants are payable as follows at December 31:

2014 2013

Payable in less than one year 5,524,839$ 6,915,780$

Payable in one to five years 3,005,388 3,639,526

8,530,227 10,555,306

Unamortized discount (1.5% - 2%) (68,074) (63,606)

8,462,153$ 10,491,700$

Included in the statements of financial position as follows:

2014 2013

Grants payable - current portion 5,524,839$ 6,915,780$

Grants payable - long-term portion 2,937,314 3,575,920

8,462,153$ 10,491,700$


16 091665fs123114 Revised: 4/7/2015 8:37 AM mcp

Note 6. Line of Credit

Building Changes has a $200,000 line of credit agreement with a bank, collateralized by all of its assets,

which is renewable on July 9, 2015. Interest is payable monthly at LIBOR plus 4.095% (resulting in a rate

of 4.18% at December 31, 2014). There was no outstanding balance under this agreement at

December 31, 2014 or 2013.

Note 7. Operating Leases

Building Changes leases office space and certain equipment under operating leases. The term of the

office space lease expires on August 31, 2015. On January 15, 2015, Building Changes executed a lease

for new office space with an initial 60 month term beginning August 2015 and ending August 2020. Rent

expense under these operating leases amounted to $170,147 and $172,707 for the years ended

December 31, 2014 and 2013, respectively. Future minimum payments under the leases are as follows for

the years ending December 31:

2015 107,946$

2016 64,530

2017 57,984

2018 59,712

2019 61,501

Thereafter 41,823

393,496$

Note 8. Retirement Plan

Building Changes participates in a defined-contribution tax-sheltered 403(b) annuity plan covering

substantially all permanent employees upon commencement of employment. Employees are eligible to

receive employer contributions after one year of service. Employer contributions are a minimum of 3% of

eligible employees' annual compensation. Total expense related to contributions to the plan were

$40,924 and $36,428 for the years ended December 31, 2014 and 2013, respectively. Building Changes

also sponsors a tax-deferred annuity plan to which employees may make voluntary contributions.


17

INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL

REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT

OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT

AUDITING STANDARDS

To the Board of Directors

Building Changes

Seattle, Washington

We have audited, in accordance with the auditing standards generally accepted in the United States and

the standards applicable to financial audits contained in Government Auditing Standards issued by the

Comptroller General of the United States, the financial statements of Building Changes, which comprise

the statement of financial position as of December 31, 2014, and the related statements of activities,

functional expenses, and cash flows for the year then ended, and the related notes to the financial

statements, and have issued our report thereon dated __________________.

Internal Control over Financial Reporting

In planning and performing our audit of the financial statements, we considered Building Changes' internal

control over financial reporting (internal control) to determine the audit procedures that are appropriate in

the circumstances for the purpose of expressing our opinion on the financial statements, but not for the

purpose of expressing an opinion on the effectiveness of Building Changes' internal control. Accordingly,

we do not express an opinion on the effectiveness of the Building Changes' internal control.

A deficiency in internal control exists when the design or operation of a control does not allow

management or employees, in the normal course of performing their assigned functions, to prevent, or

detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a

combination of deficiencies, in internal control, such that there is a reasonable possibility that a material

misstatement of the entity's financial statements will not be prevented, or detected and corrected on a

timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control

that is less severe than a material weakness, yet important enough to merit attention by those charged

with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this

section and was not designed to identify all deficiencies in internal control that might be material

weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any

deficiencies in internal control that we consider to be material weaknesses. However, material

weaknesses may exist that have not been identified.


18

Compliance and Other Matters

As part of obtaining reasonable assurance about whether Building Changes' financial statements are free

from material misstatement, we performed tests of its compliance with certain provisions of Jaws,

regulations, contracts, and grant agreements, noncompliance with which could have a direct and material

effect on the determination of financial statement amounts. However, providing an opinion on

compliance with those provisions was not an objective of our audit, and accordingly, we do not express

such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that

are required to be reported under Government Auditing Standards.

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance

and the results of that testing, and not to provide an opinion on the effectiveness of the

Building Changes' internal control or on compliance. This report is an integral part of an audit performed

in accordance with Government Auditing Standards in considering the Building Changes' internal control

and compliance. Accordingly, this communication is not suitable for any other purpose.

____________________________


Resolution 15-07 Accept Annual Audit

WHEREAS, Article VIII, Section 8.07 of the Bylaws of Building Changes requires an annual independent audit of its financial statements; and WHEREAS, the audit has been completed by the auditor Peterson & Sullivan, PLLC, reviewed by the Finance and Audit Committee on 4/15/2015 and recommended to the Board of Directors for adoption; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of Building Changes that the audit of the combined financial statements of Building Changes for the year ended December 31, 2014, is hereby adopted. Attested, ______________________________

Barbara Dingfield, Secretary

(as an agent of the board) April 24, 2014


DR

AFT

Checkifself-employed

OMB No. 1545-0047

Department of the TreasuryInternal Revenue Service

Check ifapplicable:

AddresschangeNamechangeInitialreturn

Finalreturn/termin-ated Gross receipts $

AmendedreturnApplica-tionpending

Are all subordinates included?

432001 11-07-14

| Do not enter social security numbers on this form as it may be made public.

Beginning of Current Year

Paid

Preparer

Use Only

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Open to Public Inspection| Information about Form 990 and its instructions is at

A For the 2014 calendar year, or tax year beginning and ending

B C D Employer identification number

E

G

H(a)

H(b)

H(c)

F Yes No

Yes No

I

J

K

Website: |

L M

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Prior Year Current Year

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Re

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ue

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Ex

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es

End of Year

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Sign

Here

Yes No

For Paperwork Reduction Act Notice, see the separate instructions.

(or P.O. box if mail is not delivered to street address) Room/suite

)501(c)(3) 501(c) ( (insert no.) 4947(a)(1) or 527

|Corporation Trust Association OtherForm of organization: Year of formation: State of legal domicile:

|

|

Net

Ass

ets

orFu

nd B

alan

ces

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is

true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Signature of officer Date

Type or print name and title

Date PTINPrint/Type preparer's name Preparer's signature

Firm's name Firm's EIN

Firm's address

Phone no.

Form

Name of organization

Doing business as

Number and street Telephone number

City or town, state or province, country, and ZIP or foreign postal code

Is this a group return

for subordinates?Name and address of principal officer: ~~

If "No," attach a list. (see instructions)

Group exemption number |

Tax-exempt status:

Briefly describe the organization's mission or most significant activities:

Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets.

Number of voting members of the governing body (Part VI, line 1a)

Number of independent voting members of the governing body (Part VI, line 1b)

Total number of individuals employed in calendar year 2014 (Part V, line 2a)

~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~

Total number of volunteers (estimate if necessary)

Total unrelated business revenue from Part VIII, column (C), line 12

Net unrelated business taxable income from Form 990-T, line 34

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~

��

Contributions and grants (Part VIII, line 1h) ~~~~~~~~~~~~~~~~~~~~~

Program service revenue (Part VIII, line 2g) ~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~Investment income (Part VIII, column (A), lines 3, 4, and 7d)

Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) ~~~~~~~~

Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) ��

Grants and similar amounts paid (Part IX, column (A), lines 1-3)

Benefits paid to or for members (Part IX, column (A), line 4)

Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)

~~~~~~~~~~~

~~~~~~~~~~~~~

~~~

Professional fundraising fees (Part IX, column (A), line 11e)

Total fundraising expenses (Part IX, column (D), line 25)

~~~~~~~~~~~~~~

Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e)

Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)

Revenue less expenses. Subtract line 18 from line 12

~~~~~~~~~~~~~

~~~~~~~

��

Total assets (Part X, line 16)

Total liabilities (Part X, line 26)

Net assets or fund balances. Subtract line 21 from line 20

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~

��

May the IRS discuss this return with the preparer shown above? (see instructions) ��

LHA Form (2014)

www.irs.gov/form990.

Part I Summary

Signature BlockPart II

990

Return of Organization Exempt From Income Tax990 2014

§

==

999

BUILDING CHANGES91-1410450

2014 EAST MADISON STREET 200 (206)805-610012,452,350.

SEATTLE, WA 98122ALICE SHOBE X

SAME AS C ABOVEX

WWW.BUILDINGCHANGES.ORGX 1988 WA

ENDING HOMELESSNESS INWASHINGTON STATE

151534180.0.

8,854,977. 11,183,167.23,156. 213,997.

115,785. 74,027.73. 2,300.

8,993,991. 11,473,491.6,242,780. 5,173,554.

0. 0.1,944,189. 2,151,255.

0. 49,500.259,079.

1,061,778. 1,193,249.9,248,747. 8,567,558.-254,756. 2,905,933.

19,782,548. 20,659,727.10,680,393. 8,682,042.9,102,155. 11,977,685.

ALICE SHOBE, EXECUTIVE DIRECTOR

RAYMON G. HOLMDAHL RAYMON G. HOLMDAHL 04/07/15 P00120599PETERSON SULLIVAN LLP, CPA'S 91-0605875601 UNION ST, STE 2300SEATTLE, WA 98101-2345 2063827777

X


DR

AFT

Code: Expenses $ including grants of $ Revenue $



Expenses $ including grants of $ Revenue $

43200211-07-14

1

2

3

4

Yes No

Yes No

4a

4b

4c

4d

4e

Form 990 (2014) Page

Check if Schedule O contains a response or note to any line in this Part III ��

Briefly describe the organization's mission:

Did the organization undertake any significant program services during the year which were not listed on

the prior Form 990 or 990-EZ?

If "Yes," describe these new services on Schedule O.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization cease conducting, or make significant changes in how it conducts, any program services?

If "Yes," describe these changes on Schedule O.

~~~~~~

Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.

Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and

revenue, if any, for each program service reported.

( ) ( ) ( )

( ) ( ) ( )

( ) ( ) ( )

Other program services (Describe in Schedule O.)

( ) ( )

Total program service expenses |

Form (2014)

2Statement of Program Service AccomplishmentsPart III

990

BUILDING CHANGES 91-1410450

X

BUILDING CHANGES BELIEVES EVERYONE DESERVES THE OPPORTUNITY FOR AHOME, HEALTHY LIFE AND A GOOD JOB. WE UNITE PUBLIC AND PRIVATEPARTNERS TO CREATE INNOVATIVE SOLUTIONS THROUGH EXPERT ADVICE,GRANTMAKING, AND ADVOCATING FOR LASTING CHANGE.

X

X

6,056,313. 5,173,554.GRANTMAKING & EVALUATION - WE LEAD THE WASHINGTON FAMILIES FUND (WFF)WHICH IDENTIFIES, FUNDS, AND EVALUATES INNOVATIVE PROGRAMS THAT PREVENTAND END HOMELESSNESS. CREATED IN 2004 BY THE WASHINGTON STATELEGISLATURE, WFF FUNDS MODEL PROGRAMS AND INNOVATIVE STRATEGIES THATADDRESS THE PROBLEMS OF HOMELESSNESS BOTH AT A SYSTEM AND FAMILY LEVEL.IN 2014, WITH FUNDING FROM 25 PUBLIC AND PRIVATE PARTNERS, WE GRANTEDFUNDS TO 35 ORGANIZATIONS THROUGHOUT WASHINGTON STATE.

1,288,869.CAPACITY BUILDING - WE GIVE WASHINGTON COMMUNITIES THE RIGHT TOOLS ANDKNOWLEDGE TO PREVENT AND END HOMELESSNESS. WE HELP COMMUNITIES TO MAKEIMPORTANT SHIFTS NOW - CHANGES THAT HELP PEOPLE IMMEDIATELY - WHILE WETACKLE FUNDAMENTAL CHANGE OVER THE LONGER TERM. WE TRAIN AND BUILD THECAPACITY OF FRONTLINE HOMELESSNESS PROVIDERS, FUNDERS AND GOVERNMENTAGENCIES SO THEY CAN USE LIMITED RESOURCES MORE EFFICIENTLY, LEARN FROMDATA AND PROMISING PRACTICES AROUND THE COUNTRY, AND ADOPT NEW WAYS TODELIVER SERVICES THAT LEAD TO BETTER OUTCOMES FOR FAMILIES.

232,169.POLICY AND ADVOCACY - OUR POLICY EFFORTS FOCUS ON REGULATORY ANDLEGISLATIVE CHANGES THAT PREVENT, REDUCE AND MITIGATE THE IMPACT OFHOMELESSNESS IN WASHINGTON STATE. WE WORK ACROSS SYSTEMS WITH PARTNERSIN CHILD WELFARE, EMPLOYMENT AND EDUCATION TO IDENTIFY KEY POLICYINITIATIVE, PURSUE FIXES AND INFLUENCE LONG-TERM POLICY AGENDAS THATRESULT IN MORE EFFICIENT HOMELESS AND HOUSING SYSTEMS - AND REDUCE THEBARRIERS THAT HOMELESS FAMILIES FACE WHEN THEY SEEK HELP.

160,494. 213,997.7,737,845.

11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 2


DR

AFT

43200311-07-14

Yes No

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

1

2

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10

Section 501(c)(3) organizations.

a

b

c

d

e

f

a

b

11a

11b

11c

11d

11e

11f

12a

12b

13

14a

14b

15

16

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19

20a

20b

a

b

a

b

If "Yes," complete Schedule ASchedule B, Schedule of Contributors

If "Yes," complete Schedule C, Part I

If "Yes," complete Schedule C, Part II

If "Yes," complete Schedule C, Part III

If "Yes," complete Schedule D, Part I

If "Yes," complete Schedule D, Part IIIf "Yes," complete

Schedule D, Part III

If "Yes," complete Schedule D, Part IV

If "Yes," complete Schedule D, Part V

If "Yes," complete Schedule D,Part VI

If "Yes," complete Schedule D, Part VII

If "Yes," complete Schedule D, Part VIII

If "Yes," complete Schedule D, Part IXIf "Yes," complete Schedule D, Part X

If "Yes," complete Schedule D, Part XIf "Yes," complete

Schedule D, Parts XI and XII

If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optionalIf "Yes," complete Schedule E

If "Yes," complete Schedule F, Parts I and IV

If "Yes," complete Schedule F, Parts II and IV

If "Yes," complete Schedule F, Parts III and IV

If "Yes," complete Schedule G, Part I

If "Yes," complete Schedule G, Part IIIf "Yes,"

complete Schedule G, Part IIIIf "Yes," complete Schedule H


Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Is the organization required to complete ?

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for

public office?

~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization engage in lobbying activities, or have a section 501(h) election in effect

during the tax year?

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or

similar amounts as defined in Revenue Procedure 98-19?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to

provide advice on the distribution or investment of amounts in such funds or accounts?

Did the organization receive or hold a conservation easement, including easements to preserve open space,

the environment, historic land areas, or historic structures?

Did the organization maintain collections of works of art, historical treasures, or other similar assets?

~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a custodian for

amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services?

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent

endowments, or quasi-endowments?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~

If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X

as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total

assets reported in Part X, line 16?

Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total

assets reported in Part X, line 16?

~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in

Part X, line 16?

Did the organization report an amount for other liabilities in Part X, line 25?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~

Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses

the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?

Did the organization obtain separate, independent audited financial statements for the tax year?

~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Was the organization included in consolidated, independent audited financial statements for the tax year?

~~~~~

Is the organization a school described in section 170(b)(1)(A)(ii)?

Did the organization maintain an office, employees, or agents outside of the United States?

~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,

investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000

or more? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any

foreign organization?

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to

or for foreign individuals?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,

column (A), lines 6 and 11e? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines

1c and 8a? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a?

Did the organization operate one or more hospital facilities?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? ��

Form (2014)

3Part IV Checklist of Required Schedules

990


XX

X

X

X

X

X

X

X

X

X

X

X

XX

X

X

XXX

X

X

X

X

X

XX



DR

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43200411-07-14

Yes No

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

21

22

23

24a

24b

24c

24d

25a

25b

26

27

28a

28b

28c

29

30

31

32

33

34

35a

35b

36

37

38

a

b

c

d

a

b

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations.

a

b

c

a

b


Note.

(continued)

If "Yes," complete Schedule I, Parts I and II

If "Yes," complete Schedule I, Parts I and III

If "Yes," completeSchedule J

If "Yes," answer lines 24b through 24d and completeSchedule K. If "No", go to line 25a

If "Yes," complete Schedule L, Part I

If "Yes," completeSchedule L, Part I

If "Yes,"complete Schedule L, Part II

If "Yes," complete Schedule L, Part III

If "Yes," complete Schedule L, Part IVIf "Yes," complete Schedule L, Part IV

If "Yes," complete Schedule L, Part IVIf "Yes," complete Schedule M

If "Yes," complete Schedule M

If "Yes," complete Schedule N, Part IIf "Yes," complete

Schedule N, Part II

If "Yes," complete Schedule R, Part IIf "Yes," complete Schedule R, Part II, III, or IV, and

Part V, line 1

If "Yes," complete Schedule R, Part V, line 2

If "Yes," complete Schedule R, Part V, line 2

If "Yes," complete Schedule R, Part VI


Did the organization report more than $5,000 of grants or other assistance to any domestic organization or

domestic government on Part IX, column (A), line 1? ~~~~~~~~~~~~~~

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on

Part IX, column (A), line 2? ~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current

and former officers, directors, trustees, key employees, and highest compensated employees?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the

last day of the year, that was issued after December 31, 2002?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?

Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease

any tax-exempt bonds?

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?

~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~

Did the organization engage in an excess benefit

transaction with a disqualified person during the year?

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and

that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?

~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or

former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial

contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member

of any of these persons? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV

instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, or key employee? ~~~~~~~~~~~

A family member of a current or former officer, director, trustee, or key employee?

An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer,

director, trustee, or direct or indirect owner?

~~

~~~~~~~~~~~~~~~~~~~~~

Did the organization receive more than $25,000 in non-cash contributions?

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation

contributions?

~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization liquidate, terminate, or dissolve and cease operations?

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations

sections 301.7701-2 and 301.7701-3?

Was the organization related to any tax-exempt or taxable entity?

~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity

within the meaning of section 512(b)(13)?

~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~

Did the organization make any transfers to an exempt non-charitable related organization?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization conduct more than 5% of its activities through an entity that is not a related organization

and that is treated as a partnership for federal income tax purposes? ~~~~~~~~

Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19?

All Form 990 filers are required to complete Schedule O ��

Form (2014)

4Part IV Checklist of Required Schedules

990


X

X

X

X

X

X

X

X

XX

XX

X

X

X

X

XX

X

X

X



DR

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43200511-07-14

Yes No

1

2

3

4

5

6

7

a

b

c

1a

1b

1c

a

b

2a

Note.

2b

3a

3b

4a

5a

5b

5c

6a

6b

7a

7b

7c

7e

7f

7g

7h

8

9a

9b

a

b

a

b

a

b

c

a

b

Organizations that may receive deductible contributions under section 170(c).

a

b

c

d

e

f

g

h

7d

8

9

10

11

12

13

14

Sponsoring organizations maintaining donor advised funds.

Sponsoring organizations maintaining donor advised funds.

a

b


a

b

10a

10b


a

b

11a

11b

a

b

Section 4947(a)(1) non-exempt charitable trusts. 12a

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Note.

a

b

c

a

b

13a

13b

13c

14a

14b

e-file

If "No," to line 3b, provide an explanation in Schedule O

If "No," provide an explanation in Schedule O

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?

Form (2014)


Check if Schedule O contains a response or note to any line in this Part V ��

Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ~~~~~~~~~~~

Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable ~~~~~~~~~~

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming

(gambling) winnings to prize winners? ��

Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,

filed for the calendar year ending with or within the year covered by this return ~~~~~~~~~~

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

If the sum of lines 1a and 2a is greater than 250, you may be required to (see instructions)

~~~~~~~~~~

~~~~~~~~~~~

Did the organization have unrelated business gross income of $1,000 or more during the year?

If "Yes," has it filed a Form 990-T for this year?

~~~~~~~~~~~~~~

~~~~~~~~~~

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a

financial account in a foreign country (such as a bank account, securities account, or other financial account)?~~~~~~~

If "Yes," enter the name of the foreign country:

See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

~~~~~~~~~~~~

~~~~~~~~~

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit

any contributions that were not tax deductible as charitable contributions?

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts

were not tax deductible?

~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

If "Yes," did the organization notify the donor of the value of the goods or services provided?

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required

to file Form 8282?

~~~~~~~~~~~~~~~

��

If "Yes," indicate the number of Forms 8282 filed during the year

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

~~~~~~~~~~~~~~~~

~~~~~~~

~~~~~~~~~Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?

~

Did a donor advised fund maintained by the

sponsoring organization have excess business holdings at any time during the year? ~~~~~~~~~~~~~~~~~~~

Did the sponsoring organization make any taxable distributions under section 4966?

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?

~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~

Enter:

Initiation fees and capital contributions included on Part VIII, line 12

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

~~~~~~~~~~~~~~~

~~~~~~

Enter:

Gross income from members or shareholders

Gross income from other sources (Do not net amounts due or paid to other sources against

amounts due or received from them.)

~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Is the organization filing Form 990 in lieu of Form 1041?

If "Yes," enter the amount of tax-exempt interest received or accrued during the year ��

Is the organization licensed to issue qualified health plans in more than one state?

See the instructions for additional information the organization must report on Schedule O.

~~~~~~~~~~~~~~~~~~~~~

Enter the amount of reserves the organization is required to maintain by the states in which the

organization is licensed to issue qualified health plans

Enter the amount of reserves on hand

~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization receive any payments for indoor tanning services during the tax year?

If "Yes," has it filed a Form 720 to report these payments?

~~~~~~~~~~~~~~~~

��

5Part V Statements Regarding Other IRS Filings and Tax Compliance

990

J


310

X

34X

X

X

XX

X

X

X

XX

X



DR

AFT

432006 11-07-14

Yes No

1a

1b

1

2

3

4

5

6

7

8

9

a

b

2

3

4

5

6

7a

7b

8a

8b

9

a

b

a

b

Yes No

10

11

a

b

10a

10b

11a

12a

12b

12c

13

14

15a

15b

16a

16b

a

b

12a

b

c

13

14

15

a

b

16a

b

17

18

19

20

For each "Yes" response to lines 2 through 7b below, and for a "No" responseto line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

If "Yes," provide the names and addresses in Schedule O(This Section B requests information about policies not required by the Internal Revenue Code.)

If "No," go to line 13

If "Yes," describein Schedule O how this was done

(explain in Schedule O)

If there are material differences in voting rights among members of the governing body, or if the governing

body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?

Form (2014)


Check if Schedule O contains a response or note to any line in this Part VI ��

Enter the number of voting members of the governing body at the end of the tax year

Enter the number of voting members included in line 1a, above, who are independent

~~~~~~

~~~~~~

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other

officer, director, trustee, or key employee? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization delegate control over management duties customarily performed by or under the direct supervision

of officers, directors, or trustees, or key employees to a management company or other person? ~~~~~~~~~~~~~~

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?

Did the organization become aware during the year of a significant diversion of the organization's assets?

Did the organization have members or stockholders?

~~~~~

~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or

more members of the governing body?

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or

persons other than the governing body?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The governing body?

Each committee with authority to act on behalf of the governing body?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the

organization's mailing address? ��

Did the organization have local chapters, branches, or affiliates?

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,

and branches to ensure their operations are consistent with the organization's exempt purposes?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?

Describe in Schedule O the process, if any, used by the organization to review this Form 990.

Did the organization have a written conflict of interest policy? ~~~~~~~~~~~~~~~~~~~~

~~~~~~

Did the organization regularly and consistently monitor and enforce compliance with the policy?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization have a written whistleblower policy?

Did the organization have a written document retention and destruction policy?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~

Did the process for determining compensation of the following persons include a review and approval by independent

persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization's CEO, Executive Director, or top management official

Other officers or key employees of the organization

If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).

~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a

taxable entity during the year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation

in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's

exempt status with respect to such arrangements? ��

List the states with which a copy of this Form 990 is required to be filed

Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(c)(3)s only) available

for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial

statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records: |

6Part VI Governance, Management, and Disclosure

Section A. Governing Body and Management

Section B. Policies

Section C. Disclosure

990

J


X

15

15

X

XX

XX

X

X

XX

X

X

X

XX

XXX

XX

X

NONE

X X

ARMILITO J PANGILINAN - (206)805-61002014 EAST MADISON STREET, NO. 200, SEATTLE, WA 98122



DR

AFT

Indi

vidu

al tr

uste

e or

dire

ctor

Inst

itutio

nal t

rust

ee

Offi

cer

Key

empl

oyee

Hig

hest

com

pens

ated

empl

oyee

Form

er

(do not check more than onebox, unless person is both anofficer and a director/trustee)

432007 11-07-14

current

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a

current

current

former

former directors or trustees

(A) (B) (C) (D) (E) (F)


Check if Schedule O contains a response or note to any line in this Part VII ��

Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.

¥ List all of the organization's officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.Enter -0- in columns (D), (E), and (F) if no compensation was paid.

¥ List all of the organization's key employees, if any. See instructions for definition of "key employee."¥ List the organization's five highest compensated employees (other than an officer, director, trustee, or key employee) who received report-

able compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.

¥ List all of the organization's officers, key employees, and highest compensated employees who received more than $100,000 ofreportable compensation from the organization and any related organizations.

¥ List all of the organization's that received, in the capacity as a former director or trustee of the organization,more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

PositionName and Title Average hours per

week (list any

hours forrelated

organizationsbelowline)

Reportablecompensation

from the

organization(W-2/1099-MISC)

Reportablecompensationfrom related

organizations(W-2/1099-MISC)

Estimatedamount of

othercompensation

from theorganizationand related

organizations

Form (2014)

7Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated

Employees, and Independent Contractors

990


(1) MICHAEL BROWN 2.00PRESIDENT X X 0. 0. 0.(2) SHELLY CROCKER 2.00VICE PRESIDENT X X 0. 0. 0.(3) BARBARA DINGFIELD 2.00SECRETARY X X 0. 0. 0.(4) LORI KAISER 2.00TREASURER X X 0. 0. 0.(5) BRIAN ABEEL 1.00DIRECTOR X 0. 0. 0.(6) ERIC BROWN 1.00DIRECTOR X 0. 0. 0.(7) DEBBIE GREIFF 1.00DIRECTOR X 0. 0. 0.(8) BARBARA HERR 2.00DIRECTOR X 0. 0. 0.(9) HELEN HOWELL 1.00DIRECTOR X 0. 0. 0.(10) TRIPP HUNTER 1.00DIRECTOR X 0. 0. 0.(11) AANA LAUCKHART 1.00DIRECTOR X 0. 0. 0.(12) LAURIE LIPPOLD 1.00DIRECTOR X 0. 0. 0.(13) SUMMER SINGLA 1.00DIRECTOR X 0. 0. 0.(14) ROGERS WEED 2.00DIRECTOR X 0. 0. 0.(15) KRISTEN WEST 1.00DIRECTOR X 0. 0. 0.(16) ALICE SHOBE 40.00EXECUTIVE DIRECTOR X 132,223. 0. 11,875.(17) ARMILITO PANGILINAN 40.00CFO X 110,784. 0. 12,990.



DR

AFT

Form

er

Indi

vidu

al tr

uste

e or

dire

ctor

Inst

itutio

nal t

rust

ee

Offi

cer

Hig

hest

com

pens

ated

empl

oyee

Key

empl

oyee

(do not check more than onebox, unless person is both anofficer and a director/trustee)

43200811-07-14

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

(B) (C)(A) (D) (E) (F)

1b

c

d

Sub-total

Total from continuation sheets to Part VII, Section A

Total (add lines 1b and 1c)

2

Yes No

3

4

5

former

3

4

5

Section B. Independent Contractors

1

(A) (B) (C)

2

(continued)

If "Yes," complete Schedule J for such individual

If "Yes," complete Schedule J for such individual

If "Yes," complete Schedule J for such person

Page Form 990 (2014)

PositionAverage hours per

week(list any

hours forrelated

organizationsbelowline)

Name and title Reportablecompensation

from the

organization(W-2/1099-MISC)

Reportablecompensationfrom related

organizations(W-2/1099-MISC)

Estimatedamount of

othercompensation

from theorganizationand related

organizations

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |

~~~~~~~~~~ |

�� |

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable

compensation from the organization |

Did the organization list any officer, director, or trustee, key employee, or highest compensated employee on

line 1a? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization

and related organizations greater than $150,000? ~~~~~~~~~~~~~

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services

rendered to the organization? ��

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from

the organization. Report compensation for the calendar year ending with or within the organization's tax year.

Name and business address Description of services Compensation

Total number of independent contractors (including but not limited to those listed above) who received more than

$100,000 of compensation from the organization |

Form (2014)

8Part VII

990


243,007. 0. 24,865.0. 0. 0.

243,007. 0. 24,865.

2

X

X

X

WESTATPO BOX 1004, ROCKVILLE, MD 20850 PROGRAM EVALUATION 228,403.

1



DR

AFT

Noncash contributions included in lines 1a-1f: $

43200911-07-14

Total revenue.

(A) (B) (C) (D)

1 a

b

c

d

e

f

g

h

1

1

1

1

1

1

a

b

c

d

e

f

Co

ntr

ibu

tio

ns

, G

ifts

, G

ran

tsa

nd

Oth

er

Sim

ila

r A

mo

un

ts

Total.

Business Code

a

b

c

d

e

f

g

2

Pro

gra

m S

erv

ice

Re

ven

ue

Total.

3

4

5

6 a

b

c

d

a

b

c

d

7

a

b

c

8

a

b

9 a

b

c

a

b

10 a

b

c

a

b

Business Code

11 a

b

c

d

e Total.

Oth

er

Re

ven

ue

12

Revenue excludedfrom tax under

sections512 - 514

All other contributions, gifts, grants, and

similar amounts not included above

See instructions.

Form (2014)

Page Form 990 (2014)

Check if Schedule O contains a response or note to any line in this Part VIII ��

Total revenue Related orexempt function

revenue

Unrelatedbusinessrevenue

Federated campaigns

Membership dues

~~~~~~

~~~~~~~~

Fundraising events

Related organizations

~~~~~~~~

~~~~~~

Government grants (contributions)

~~

Add lines 1a-1f �� |

All other program service revenue ~~~~~

Add lines 2a-2f �� |

Investment income (including dividends, interest, and

other similar amounts)

Income from investment of tax-exempt bond proceeds

~~~~~~~~~~~~~~~~~ |

|

Royalties �� |

(i) Real (ii) Personal

Gross rents

Less: rental expenses

Rental income or (loss)

Net rental income or (loss)

~~~~~~~

~~~

~~

�� |

Gross amount from sales of

assets other than inventory

(i) Securities (ii) Other

Less: cost or other basis

and sales expenses

Gain or (loss)

~~~

~~~~~~~

Net gain or (loss) �� |

Gross income from fundraising events (not

including $ of

contributions reported on line 1c). See

Part IV, line 18 ~~~~~~~~~~~~~

Less: direct expenses~~~~~~~~~~

Net income or (loss) from fundraising events �� |

Gross income from gaming activities. See

Part IV, line 19 ~~~~~~~~~~~~~

Less: direct expenses

Net income or (loss) from gaming activities

~~~~~~~~~

�� |

Gross sales of inventory, less returns

and allowances ~~~~~~~~~~~~~

Less: cost of goods sold

Net income or (loss) from sales of inventory

~~~~~~~~

�� |

Miscellaneous Revenue

All other revenue ~~~~~~~~~~~~~

Add lines 11a-11d ~~~~~~~~~~~~~~~ |

|��

9Part VIII Statement of Revenue

990


3,459.

2,731,554.

8,448,154.

11,183,167.

CONSULTING FEES 900099 213,997. 213,997.

213,997.

76,539. 76,539.

976,347.

978,859.-2,512.

-2,512. -2,512.

MISCELLANEOUS 900099 2,300. 2,300.

2,300.11,473,491. 213,997. 0. 76,327.



DR

AFT

Check here if following SOP 98-2 (ASC 958-720)

432010 11-07-14

Total functional expenses.

Joint costs.

(A) (B) (C) (D)

1

2

3

4

5

6

7

8

9

10

11

a

b

c

d

e

f

g

12

13

14

15

16

17

18

19

20

21

22

23

24

a

b

c

d

e

25

26

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).

Grants and other assistance to domestic organizations

and domestic governments. See Part IV, line 21

Compensation not included above, to disqualified

persons (as defined under section 4958(f)(1)) and

persons described in section 4958(c)(3)(B)

Pension plan accruals and contributions (include

section 401(k) and 403(b) employer contributions)

Professional fundraising services. See Part IV, line 17

(If line 11g amount exceeds 10% of line 25,

column (A) amount, list line 11g expenses on Sch O.)

Other expenses. Itemize expenses not covered above. (List miscellaneous expenses in line 24e. If line24e amount exceeds 10% of line 25, column (A)amount, list line 24e expenses on Schedule O.)

Add lines 1 through 24e

Complete this line only if the organization

reported in column (B) joint costs from a combined

educational campaign and fundraising solicitation.


Check if Schedule O contains a response or note to any line in this Part IX ��

Total expenses Program serviceexpenses

Management andgeneral expenses

Fundraisingexpenses

~

Grants and other assistance to domestic

individuals. See Part IV, line 22 ~~~~~~~

Grants and other assistance to foreign

organizations, foreign governments, and foreign

individuals. See Part IV, lines 15 and 16 ~~~

Benefits paid to or for members ~~~~~~~

Compensation of current officers, directors,

trustees, and key employees ~~~~~~~~

~~~

Other salaries and wages ~~~~~~~~~~

Other employee benefits ~~~~~~~~~~

Payroll taxes ~~~~~~~~~~~~~~~~

Fees for services (non-employees):

Management

Legal

Accounting

Lobbying

~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~

Investment management fees

Other.

~~~~~~~~

Advertising and promotion

Office expenses

Information technology

Royalties

~~~~~~~~~

~~~~~~~~~~~~~~~

~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~

Occupancy ~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~Travel

Payments of travel or entertainment expenses

for any federal, state, or local public officials

Conferences, conventions, and meetings ~~

Interest

Payments to affiliates

~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~

Depreciation, depletion, and amortization

Insurance

~~

~~~~~~~~~~~~~~~~~

~~

All other expenses

|

Form (2014)

Do not include amounts reported on lines 6b,

7b, 8b, 9b, and 10b of Part VIII.

10Part IX Statement of Functional Expenses

990


5,173,554. 5,173,554.

267,872. 202,092. 47,482. 18,298.

1,531,640. 1,154,079. 272,356. 105,205.

33,634. 25,685. 5,777. 2,172.145,908. 111,425. 25,059. 9,424.172,201. 131,504. 29,575. 11,122.

6,158. 1,756. 4,382. 20.29,661. 8,430. 21,231.4,050. 4,050.

49,500. 49,500.

578,047. 510,020. 58,530. 9,497.

91,847. 61,407. 24,901. 5,539.

174,784. 134,550. 27,849. 12,385.91,730. 84,068. 7,142. 520.

96,933. 71,357. 7,427. 18,149.

6,463. 4,898. 1,126. 439.

STAFF RECRUIT, DEVELOPM 37,180. 16,679. 18,955. 1,546.MISCELLANEOUS 32,701. 13,440. 10,007. 9,254.PRINTING AND PUBLICATIO 23,262. 14,922. 2,651. 5,689.DUES AND LICENSES 20,433. 13,929. 6,184. 320.

8,567,558. 7,737,845. 570,634. 259,079.



DR

AFT

43201111-07-14

(A) (B)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

1

2

3

4

5

6

7

8

9

10c

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

a

b

10a

10b

As

se

ts

Total assets.

Lia

bil

itie

s

Total liabilities.

Organizations that follow SFAS 117 (ASC 958), check here and

complete lines 27 through 29, and lines 33 and 34.

27

28

29

Organizations that do not follow SFAS 117 (ASC 958), check here

and complete lines 30 through 34.

30

31

32

33

34

Ne

t A

ss

ets

or

Fu

nd

Ba

lan

ce

s


Check if Schedule O contains a response or note to any line in this Part X ��

Beginning of year End of year

Cash - non-interest-bearing

Savings and temporary cash investments

Pledges and grants receivable, net

~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~

Accounts receivable, net ~~~~~~~~~~~~~~~~~~~~~~~~~~

Loans and other receivables from current and former officers, directors,

trustees, key employees, and highest compensated employees. Complete

Part II of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Loans and other receivables from other disqualified persons (as defined under

section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing

employers and sponsoring organizations of section 501(c)(9) voluntary

employees' beneficiary organizations (see instr). Complete Part II of Sch L ~~

Notes and loans receivable, net

Inventories for sale or use

Prepaid expenses and deferred charges

~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~

Land, buildings, and equipment: cost or other

basis. Complete Part VI of Schedule D

Less: accumulated depreciation

~~~

~~~~~~

Investments - publicly traded securities

Investments - other securities. See Part IV, line 11

Investments - program-related. See Part IV, line 11

Intangible assets

~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~

~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Other assets. See Part IV, line 11 ~~~~~~~~~~~~~~~~~~~~~~

Add lines 1 through 15 (must equal line 34) ��

Accounts payable and accrued expenses

Grants payable

Deferred revenue

~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Tax-exempt bond liabilities

Escrow or custodial account liability. Complete Part IV of Schedule D

~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~

Loans and other payables to current and former officers, directors, trustees,

key employees, highest compensated employees, and disqualified persons.

Complete Part II of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~

Secured mortgages and notes payable to unrelated third parties ~~~~~~

Unsecured notes and loans payable to unrelated third parties ~~~~~~~~

Other liabilities (including federal income tax, payables to related third

parties, and other liabilities not included on lines 17-24). Complete Part X of

Schedule D ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Add lines 17 through 25 ��

|

Unrestricted net assets

Temporarily restricted net assets

Permanently restricted net assets

~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~

|

Capital stock or trust principal, or current funds

Paid-in or capital surplus, or land, building, or equipment fund

Retained earnings, endowment, accumulated income, or other funds

~~~~~~~~~~~~~~~

~~~~~~~~

~~~~

Total net assets or fund balances ~~~~~~~~~~~~~~~~~~~~~~

Total liabilities and net assets/fund balances ��

Form (2014)

11Balance SheetPart X

990


202,913. 464,198.13,499,044. 10,719,872.6,030,375. 6,860,886.

43,753. 100,387.

278,446.278,446. 6,463. 0.

2,514,384.

19,782,548. 20,659,727.188,693. 219,889.

10,491,700. 8,462,153.

10,680,393. 8,682,042.X

1,958,092. 1,749,860.7,144,063. 10,227,825.

9,102,155. 11,977,685.19,782,548. 20,659,727.



DR

AFT

43201211-07-14

1

2

3

4

5

6

7

8

9

10

1

2

3

4

5

6

7

8

9

10

Yes No

1

2

3

a

b

c

2a

2b

2c

a

b

3a

3b


Check if Schedule O contains a response or note to any line in this Part XI ��

Total revenue (must equal Part VIII, column (A), line 12)

Total expenses (must equal Part IX, column (A), line 25)

Revenue less expenses. Subtract line 2 from line 1

Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))

~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~

Net unrealized gains (losses) on investments

Donated services and use of facilities

Investment expenses

Prior period adjustments

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Other changes in net assets or fund balances (explain in Schedule O)

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,

column (B))

~~~~~~~~~~~~~~~~~~~

��

Check if Schedule O contains a response or note to any line in this Part XII ��

Accounting method used to prepare the Form 990: Cash Accrual Other

If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O.

Were the organization's financial statements compiled or reviewed by an independent accountant? ~~~~~~~~~~~~

If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a

separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization's financial statements audited by an independent accountant? ~~~~~~~~~~~~~~~~~~~

If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,

consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,

review, or compilation of its financial statements and selection of an independent accountant?~~~~~~~~~~~~~~~

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit

Act and OMB Circular A-133? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit

or audits, explain why in Schedule O and describe any steps taken to undergo such audits ��

Form (2014)

12Part XI Reconciliation of Net Assets

Part XII Financial Statements and Reporting

990


11,473,491.8,567,558.2,905,933.9,102,155.-30,403.

0.

11,977,685.

X

X

X

X

X

X

X



DR

AFT

OMB No. 1545-0047


432021 09-17-14

Information about Schedule A (Form 990 or 990-EZ) and its instructions is at

(i) (iii) (iv) (v) (vi)(ii) Name of supported

organization

Type of organization (described on lines 1-9 above or IRC section

(see instructions))

Is the organizationlisted in your

governing document?

Amount of monetary

support (see

Instructions)

Amount of

other support (see

Instructions)

EIN

(Form 990 or 990-EZ)Complete if the organization is a section 501(c)(3) organization or a section

4947(a)(1) nonexempt charitable trust.| Attach to Form 990 or Form 990-EZ.

|

Open to PublicInspection

Name of the organization Employer identification number

1

2

3

4

5

6

7

8

9

10

11

section 170(b)(1)(A)(i).

section 170(b)(1)(A)(ii).

section 170(b)(1)(A)(iii).

section 170(b)(1)(A)(iii).

section 170(b)(1)(A)(iv).

section 170(b)(1)(A)(v).

section 170(b)(1)(A)(vi).

section 170(b)(1)(A)(vi).

section 509(a)(2).

section 509(a)(4).

section 509(a)(1) section 509(a)(2) section 509(a)(3).

a

b

c

d

e

f

g

Type I.

You must complete Part IV, Sections A and B.

Type II.

You must complete Part IV, Sections A and C.

Type III functionally integrated.

You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated.

You must complete Part IV, Sections A and D, and Part V.

Yes No

Total

For Paperwork Reduction Act Notice, see the Instructions for

Form 990 or 990-EZ.

Schedule A (Form 990 or 990-EZ) 2014

(All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches described in

A school described in (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in

A medical research organization operated in conjunction with a hospital described in Enter the hospital's name,

city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

(Complete Part II.)

A federal, state, or local government or governmental unit described in

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in

(Complete Part II.)

A community trust described in (Complete Part II.)

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.

See (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or

more publicly supported organizations described in or . See Check the box in

lines 11a through 11d that describes the type of supporting organization and complete lines 11e, 11f, and 11g.

A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving

the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting

organization.

A supporting organization supervised or controlled in connection with its supported organization(s), by having

control or management of the supporting organization vested in the same persons that control or manage the supported

organization(s).

A supporting organization operated in connection with, and functionally integrated with,

its supported organization(s) (see instructions).

A supporting organization operated in connection with its supported organization(s)

that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness

requirement (see instructions).

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III

functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Provide the following information about the supported organization(s).

LHA


SCHEDULE A

Part I Reason for Public Charity Status

Public Charity Status and Public Support 2014


X



DR

AFT

Subtract line 5 from line 4.

43202209-17-14

Calendar year (or fiscal year beginning in)

Calendar year (or fiscal year beginning in) |

2

(a) (b) (c) (d) (e) (f)

1

2

3

4

5

Total.

6 Public support.

(a) (b) (c) (d) (e) (f)

7

8

9

10

11

12

13

Total support.

12

First five years.

stop here

14

15

14

15

16

17

18

a

b

a

b

33 1/3% support test - 2014.

stop here.

33 1/3% support test - 2013.

stop here.

10% -facts-and-circumstances test - 2014.

stop here.

10% -facts-and-circumstances test - 2013.

stop here.

Private foundation.


|

Add lines 7 through 10

Schedule A (Form 990 or 990-EZ) 2014 Page

(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization

fails to qualify under the tests listed below, please complete Part III.)

2010 2011 2012 2013 2014 Total

Gifts, grants, contributions, and

membership fees received. (Do not

include any "unusual grants.") ~~

Tax revenues levied for the organ-

ization's benefit and either paid to

or expended on its behalf ~~~~

The value of services or facilities

furnished by a governmental unit to

the organization without charge ~

Add lines 1 through 3 ~~~

The portion of total contributions

by each person (other than a

governmental unit or publicly

supported organization) included

on line 1 that exceeds 2% of the

amount shown on line 11,

column (f) ~~~~~~~~~~~~

2010 2011 2012 2013 2014 Total

Amounts from line 4 ~~~~~~~

Gross income from interest,

dividends, payments received on

securities loans, rents, royalties

and income from similar sources ~

Net income from unrelated business

activities, whether or not the

business is regularly carried on ~

Other income. Do not include gain

or loss from the sale of capital

assets (Explain in Part VI.) ~~~~

Gross receipts from related activities, etc. (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~

If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)

organization, check this box and �� |

~~~~~~~~~~~~Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f))

Public support percentage from 2013 Schedule A, Part II, line 14

%

%~~~~~~~~~~~~~~~~~~~~~

If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and

The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |

If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box

and The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |

If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,

and if the organization meets the "facts-and-circumstances" test, check this box and Explain in Part VI how the organization

meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~ |

If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or

more, and if the organization meets the "facts-and-circumstances" test, check this box and Explain in Part VI how the

organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~ |

If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions �� |

Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)

Section A. Public Support

Section B. Total Support

Section C. Computation of Public Support Percentage


5128003. 9114220. 7769535. 8854977.11183167.42049902.

5128003. 9114220. 7769535. 8854977.11183167.42049902.

21996722.20053180.

5128003. 9114220. 7769535. 8854977.11183167.42049902.

183,664. 174,165. 156,489. 84,763. 76,539. 675,620.

-1,245. -389. 10,587. 73. 2,300. 11,326.42736848.241,153.

46.9247.91

X



DR

AFT

(Subtract line 7c from line 6.)

Amounts included on lines 2 and 3 received

from other than disqualified persons that

exceed the greater of $5,000 or 1% of the

amount on line 13 for the year

(Add lines 9, 10c, 11, and 12.)

432023 09-17-14



Total support.

3

(a) (b) (c) (d) (e) (f)

1

2

3

4

5

6

7

Total.

a

b

c

8 Public support

(a) (b) (c) (d) (e) (f)

9

10a

b

c11

12

13

14 First five years.

stop here

15

16

15

16

17

18

19

20

2014

2013

17

18

a

b

33 1/3% support tests - 2014.

stop here.

33 1/3% support tests - 2013.

stop here.

Private foundation.


Unrelated business taxable income

(less section 511 taxes) from businesses

acquired after June 30, 1975


(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to

qualify under the tests listed below, please complete Part II.)

2010 2011 2012 2013 2014 Total

Gifts, grants, contributions, and

membership fees received. (Do not

include any "unusual grants.") ~~

Gross receipts from admissions,merchandise sold or services per-formed, or facilities furnished inany activity that is related to theorganization's tax-exempt purpose

Gross receipts from activities that

are not an unrelated trade or bus-

iness under section 513 ~~~~~

Tax revenues levied for the organ-

ization's benefit and either paid to

or expended on its behalf ~~~~

The value of services or facilities

furnished by a governmental unit to

the organization without charge ~

~~~ Add lines 1 through 5

Amounts included on lines 1, 2, and

3 received from disqualified persons

~~~~~~

Add lines 7a and 7b ~~~~~~~

2010 2011 2012 2013 2014 Total

Amounts from line 6 ~~~~~~~Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources ~

~~~~

Add lines 10a and 10b ~~~~~~Net income from unrelated businessactivities not included in line 10b, whether or not the business is regularly carried on ~~~~~~~Other income. Do not include gainor loss from the sale of capitalassets (Explain in Part VI.) ~~~~

If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,

check this box and �� |

Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f))

Public support percentage from 2013 Schedule A, Part III, line 15

~~~~~~~~~~~~ %

%��

Investment income percentage for (line 10c, column (f) divided by line 13, column (f))

Investment income percentage from Schedule A, Part III, line 17

~~~~~~~~ %

%~~~~~~~~~~~~~~~~~~

If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not

more than 33 1/3%, check this box and The organization qualifies as a publicly supported organization ~~~~~~~~~~ |

If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and

line 18 is not more than 33 1/3%, check this box and The organization qualifies as a publicly supported organization~~~~ |

If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions �� |

Part III Support Schedule for Organizations Described in Section 509(a)(2)

Section A. Public Support

Section B. Total Support

Section C. Computation of Public Support Percentage

Section D. Computation of Investment Income Percentage



DR

AFT

432024 09-17-14

4

Yes No

1

2

3

4

5

6

7

8

9

10

1

2

3a

3b

3c

4a

4b

4c

5a

5b

5c

6

7

8

9a

9b

9c

10a

10b

a

b

c

a

b

c

a

b

c

a

b

c

a

b

Part VI

Type I or Type II only.

Substitutions only.


If "No" describe in how the supported organizations are designated. If designated byclass or purpose, describe the designation. If historic and continuing relationship, explain.

If "Yes," explain in how the organization determined that the supportedorganization was described in section 509(a)(1) or (2).

If "Yes," answer(b) and (c) below.

If "Yes," describe in when and how theorganization made the determination.

If "Yes," explain in what controls the organization put in place to ensure such use.If

"Yes" and if you checked 11a or 11b in Part I, answer (b) and (c) below.

If "Yes," describe in how the organization had such control and discretiondespite being controlled or supervised by or in connection with its supported organizations.

If "Yes," explain in what controls the organization usedto ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B)purposes.

If "Yes,"answer (b) and (c) below (if applicable). Also, provide detail in including (i) the names and EINnumbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action,(iii) the authority under the organization's organizing document authorizing such action, and (iv) how the actionwas accomplished (such as by amendment to the organizing document).

If "Yes," provide detail in

If "Yes," complete Part I of Schedule L (Form 990).

If "Yes," complete Part I of Schedule L (Form 990).




If "Yes," answer (b) below.(Use Schedule C, Form 4720, to

determine whether the organization had excess business holdings.)


(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A

and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete

Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)

Are all of the organization's supported organizations listed by name in the organization's governing

documents?

Did the organization have any supported organization that does not have an IRS determination of status

under section 509(a)(1) or (2)?

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)?

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and

satisfied the public support tests under section 509(a)(2)?

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)

(B) purposes?

Was any supported organization not organized in the United States ("foreign supported organization")?

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign

supported organization?

Did the organization support any foreign supported organization that does not have an IRS determination

under sections 501(c)(3) and 509(a)(1) or (2)?

Did the organization add, substitute, or remove any supported organizations during the tax year?

Was any added or substituted supported organization part of a class already

designated in the organization's organizing document?

Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to

anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class

benefited by one or more of its supported organizations; or (c) other supporting organizations that also

support or benefit one or more of the filing organization's supported organizations?

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial

contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent

controlled entity with regard to a substantial contributor?

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7?

Was the organization controlled directly or indirectly at any time during the tax year by one or more

disqualified persons as defined in section 4946 (other than foundation managers and organizations described

in section 509(a)(1) or (2))?

Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which

the supporting organization had an interest?

Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit

from, assets in which the supporting organization also had an interest?

Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f)

(regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting

organizations)?

Did the organization have any excess business holdings in the tax year?

Part VI

Part VI

Part VI

Part VI

Part VI

Part VI,

Part VI.

Part VI.

Part VI.

Part VI.

Part IV Supporting Organizations

Section A. All Supporting Organizations




DR

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432025 09-17-14

5

Yes No

11

a

b

c

11a

11b

11c

Yes No

1

2

1

2

Yes No

1

1

Yes No

1

2

3

1

2

3

1

2

3

a

b

c

Yes No

a

b

a

b

2a

2b

3a

3b


If "Yes" to a, b, or c, provide detail in

If "No," describe in how the supported organization(s) effectively operated, supervised, orcontrolled the organization's activities. If the organization had more than one supported organization,describe how the powers to appoint and/or remove directors or trustees were allocated among the supportedorganizations and what conditions or restrictions, if any, applied to such powers during the tax year.

If "Yes," explain in how providing such benefit carried out the purposes of the supported organization(s) that operated,

supervised, or controlled the supporting organization.

If "No," describe in how controlor management of the supporting organization was vested in the same persons that controlled or managedthe supported organization(s).

If "No," explain in howthe organization maintained a close and continuous working relationship with the supported organization(s).

If "Yes," describe in the role the organization'ssupported organizations played in this regard.

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year Complete below.

Complete below.Describe in Part VI how you supported a government entity (see instructions).

If "Yes," then in how these activities directly furthered their exempt purposes,

how the organization was responsive to those supported organizations, and how the organization determinedthat these activities constituted substantially all of its activities.

If "Yes," explain in thereasons for the organization's position that its supported organization(s) would have engaged in theseactivities but for the organization's involvement.

the role played by the organization in this regard.


Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c)

below, the governing body of a supported organization?

A family member of a person described in (a) above?

A 35% controlled entity of a person described in (a) or (b) above?

Did the directors, trustees, or membership of one or more supported organizations have the power to

regularly appoint or elect at least a majority of the organization's directors or trustees at all times during the

tax year?

Did the organization operate for the benefit of any supported organization other than the supported

organization(s) that operated, supervised, or controlled the supporting organization?

Were a majority of the organization's directors or trustees during the tax year also a majority of the directors

or trustees of each of the organization's supported organization(s)?

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the

organization's tax year, (1) a written notice describing the type and amount of support provided during the prior tax

year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the

organization's governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization's officers, directors, or trustees either (i) appointed or elected by the supported

organization(s) or (ii) serving on the governing body of a supported organization?

By reason of the relationship described in (2), did the organization's supported organizations have a

significant voice in the organization's investment policies and in directing the use of the organization's

income or assets at all times during the tax year?

The organization satisfied the Activities Test.

The organization is the parent of each of its supported organizations.

The organization supported a governmental entity.

Activities Test.

Did substantially all of the organization's activities during the tax year directly further the exempt purposes of

the supported organization(s) to which the organization was responsive?

Did the activities described in (a) constitute activities that, but for the organization's involvement, one or more

of the organization's supported organization(s) would have been engaged in?

Parent of Supported Organizations.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or

trustees of each of the supported organizations? Provide details in

Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each

of its supported organizations? If "Yes," describe in

Part VI.

Part VI

Part VI

Part VI

Part VI

Part VI

(see instructions):

line 2

line 3

Answer (a) and (b) below.

Part VI identify

those supported organizations and explain

Part VI

Answer (a) and (b) below.

Part VI.

Part VI

(continued)Part IV Supporting Organizations

Section B. Type I Supporting Organizations

Section C. Type II Supporting Organizations

Section D. Type III Supporting Organizations

Section E. Type III Functionally-Integrated Supporting Organizations




DR

AFT

43202609-17-14

6

1 See instructions.

Section A - Adjusted Net Income

1

2

3

4

5

6

7

8

1

2

3

4

5

6

7

8Adjusted Net Income

Section B - Minimum Asset Amount

1

2

3

4

5

6

7

8

a

b

c

d

e

1a

1b

1c

1d

2

3

4

5

6

7

8

Total

Discount

Part VI

Minimum Asset Amount

Section C - Distributable Amount

1

2

3

4

5

6

7

1

2

3

4

5

6

Distributable Amount.



Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. All

other Type III non-functionally integrated supporting organizations must complete Sections A through E.

(B) Current Year

(optional)(A) Prior Year

Net short-term capital gain

Recoveries of prior-year distributions

Other gross income (see instructions)

Add lines 1 through 3

Depreciation and depletion

Portion of operating expenses paid or incurred for production or

collection of gross income or for management, conservation, or

maintenance of property held for production of income (see instructions)

Other expenses (see instructions)

(subtract lines 5, 6 and 7 from line 4)

(B) Current Year

(optional)(A) Prior Year

Aggregate fair market value of all non-exempt-use assets (see

instructions for short tax year or assets held for part of year):

Average monthly value of securities

Average monthly cash balances

Fair market value of other non-exempt-use assets

(add lines 1a, 1b, and 1c)

claimed for blockage or other

factors (explain in detail in ):

Acquisition indebtedness applicable to non-exempt-use assets

Subtract line 2 from line 1d

Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount,

see instructions).

Net value of non-exempt-use assets (subtract line 4 from line 3)

Multiply line 5 by .035

Recoveries of prior-year distributions

(add line 7 to line 6)

Current Year

Adjusted net income for prior year (from Section A, line 8, Column A)

Enter 85% of line 1

Minimum asset amount for prior year (from Section B, line 8, Column A)

Enter greater of line 2 or line 3

Income tax imposed in prior year

Subtract line 5 from line 4, unless subject to

emergency temporary reduction (see instructions)

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see

instructions).

Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations




DR

AFT

43202709-17-14

7

Section D - Distributions Current Year

1

2

3

4

5

6

7

8

9

10

Part VI

Total annual distributions.

Part VI

(i)

Excess Distributions

(ii)

Underdistributions

Pre-2014

(iii)

Distributable

Amount for 2014Section E - Distribution Allocations (see instructions)

1

2

3

4

5

6

7

8

a

b

c

d

e

f

g

h

i

j

Total

a

b

c

Excess distributions carryover to 2015.

a

b

c

d

e



Amounts paid to supported organizations to accomplish exempt purposes

Amounts paid to perform activity that directly furthers exempt purposes of supported

organizations, in excess of income from activity

Administrative expenses paid to accomplish exempt purposes of supported organizations

Amounts paid to acquire exempt-use assets

Qualified set-aside amounts (prior IRS approval required)

Other distributions (describe in ). See instructions.

Add lines 1 through 6.

Distributions to attentive supported organizations to which the organization is responsive

(provide details in ). See instructions.

Distributable amount for 2014 from Section C, line 6

Line 8 amount divided by Line 9 amount

Distributable amount for 2014 from Section C, line 6

Underdistributions, if any, for years prior to 2014

(reasonable cause required-see instructions)

Excess distributions carryover, if any, to 2014:

From 2013

of lines 3a through e

Applied to underdistributions of prior years

Applied to 2014 distributable amount

Carryover from 2009 not applied (see instructions)

Remainder. Subtract lines 3g, 3h, and 3i from 3f.

Distributions for 2014 from Section D,

line 7: $

Applied to underdistributions of prior years

Applied to 2014 distributable amount

Remainder. Subtract lines 4a and 4b from 4.

Remaining underdistributions for years prior to 2014, if

any. Subtract lines 3g and 4a from line 2 (if amount

greater than zero, see instructions).

Remaining underdistributions for 2014. Subtract lines 3h

and 4b from line 1 (if amount greater than zero, see

instructions).

Add lines 3j

and 4c.

Breakdown of line 7:

Excess from 2013

Excess from 2014

(continued) Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations




DR

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432028 09-17-14

8



Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12.

Also complete this part for any additional information. (See instructions).

Part VI Supplemental Information.


SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME:

MISCELLANEOUS

LOSS ON LYONS LP



DR

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423171 05-01-14

Contributor's Name TotalContributions

ExcessContributions

Total Excess Contributions to Schedule A, Part II, Line 5 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

** Do Not File ***** Not Open to Public Inspection ***

Identification of Excess ContributionsIncluded on Part II, Line 5Schedule A 2014


BILL AND MELINDA GATES FOUNDATION 22,851,459. 21,996,722.

21,996,722.


DR

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OMB No. 1545-0047


42345111-05-14

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

(Form 990, 990-EZ,or 990-PF)

| Attach to Form 990, Form 990-EZ, or Form 990-PF.| Information about Schedule B (Form 990, 990-EZ, or 990-PF) and

its instructions is at .


Organization type

Filers of: Section:

not

General Rule Special Rule.

Note.

General Rule

Special Rules

(1) (2)

General Rule

Caution.

must

For Paperwork Reduction Act Notice, see the Instructions for Form 990, 990-EZ, or 990-PF.

exclusively

exclusively exclusively

nonexclusively

(check one):

Form 990 or 990-EZ 501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust treated as a private foundation

527 political organization

Form 990-PF 501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the or a

Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or

property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33 1/3% support test of the regulations under

sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from

any one contributor, during the year, total contributions of the greater of $5,000 or 2% of the amount on (i) Form 990, Part VIII, line 1h,

or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the

year, total contributions of more than $1,000 for religious, charitable, scientific, literary, or educational purposes, or for

the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the

year, contributions for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box

is checked, enter here the total contributions that were received during the year for an religious, charitable, etc.,

purpose. Do not complete any of the parts unless the applies to this organization because it received

religious, charitable, etc., contributions totaling $5,000 or more during the year ~~~~~~~~~~~~~~~ | $

An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990, 990-EZ, or 990-PF),

but it answer "No" on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ or on its Form 990-PF, Part I, line 2, to

certify that it does not meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF).

LHA

www.irs.gov/form990

Schedule B Schedule of Contributors

2014


X 3

X


DR

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423452 11-05-14

Name of organization Employer identification number


(a)

No.

(b)

Name, address, and ZIP + 4

(c)

Total contributions

(d)

Type of contribution

Person

Payroll

Noncash

(a)

No.

(b)


(c)

Total contributions

(d)


Person

Payroll

Noncash

(a)

No.

(b)


(c)

Total contributions

(d)


Person

Payroll

Noncash

(a)

No.

(b)


(c)

Total contributions

(d)


Person

Payroll

Noncash

(a)

No.

(b)


(c)

Total contributions

(d)


Person

Payroll

Noncash

(a)

No.

(b)


(c)

Total contributions

(d)


Person

Payroll

Noncash

Schedule B (Form 990, 990-EZ, or 990-PF) (2014) Page

(see instructions). Use duplicate copies of Part I if additional space is needed.

$

(Complete Part II fornoncash contributions.)

$


$


$


$


$


2

Part I Contributors


1 BILL AND MELINDA GATES FOUNDATION X

PO BOX 23350 6,840,000.

SEATTLE, WA 98104

2 STATE OF WA, DEPT OF COMMERCE X

906 COLUMBIA ST. SW 2,491,554.

OLYMPIA, WA 98504

3 PAUL G ALLEN FAMILY FOUNDATION X

505 5TH AVE S # 900 300,000.

SEATTLE, WA 98104

4 GOLDMAN SACHS PHILANTHROPY FUND X

PO BOX 15203 300,000.

ALBANY , NY 12212

5 RAIKES FOUNDATION X

2157 N NORTHLAKE WAY # 220 265,661.

SEATTLE, WA 98103

6 CITY OF SEATTLE X

700 5TH AVE 240,000.

SEATTLE, WA 98104



DR

AFT

423453 11-05-14



(a)

No.

from

Part I

(c)

FMV (or estimate)

(see instructions)

(b)

Description of noncash property given

(d)

Date received

(a)

No.

from

Part I

(c)

FMV (or estimate)

(see instructions)

(b)


(d)

Date received

(a)

No.

from

Part I

(c)

FMV (or estimate)

(see instructions)

(b)


(d)

Date received

(a)

No.

from

Part I

(c)

FMV (or estimate)

(see instructions)

(b)


(d)

Date received

(a)

No.

from

Part I

(c)

FMV (or estimate)

(see instructions)

(b)


(d)

Date received

(a)

No.

from

Part I

(c)

FMV (or estimate)

(see instructions)

(b)


(d)

Date received


(see instructions). Use duplicate copies of Part II if additional space is needed.

$

$

$

$

$

$

3

Part II Noncash Property




DR

AFT

(Enter this info. once.)

For organizations

completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year.

423454 11-05-14


religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 forthe year from any one contributor. (a) (e) and


(a) No.fromPart I

(b) Purpose of gift (c) Use of gift (d) Description of how gift is held

(e) Transfer of gift

Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee

(a) No.fromPart I




(a) No.fromPart I




(a) No.fromPart I




Complete columns through the following line entry.


| $

Use duplicate copies of Part III if additional space is needed.

Exclusively

4

Part III




DR

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OMB No. 1545-0047


43204110-21-14

Information about Schedule C (Form 990 or 990-EZ) and its instructions is at

(Form 990 or 990-EZ)For Organizations Exempt From Income Tax Under section 501(c) and section 527


Complete if the organization is described below. Attach to Form 990 or Form 990-EZ.

|

If the organization answered "Yes," to Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then

If the organization answered "Yes," to Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then

If the organization answered "Yes," to Form 990, Part IV, line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (ProxyTax) (see separate instructions), then

Employer identification number

1

2

3

1

2

3

4

Yes No

a

b

Yes No

1

2

3

4

5

Form 1120-POL Yes No

(a) (b) (c) (d) (e)

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule C (Form 990 or 990-EZ) 2014

¥ Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.

¥ Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.

¥ Section 527 organizations: Complete Part I-A only.

¥ Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.

¥ Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.

¥ Section 501(c)(4), (5), or (6) organizations: Complete Part III.Name of organization

Provide a description of the organization's direct and indirect political campaign activities in Part IV.

Political expenditures

Volunteer hours

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ $

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Enter the amount of any excise tax incurred by the organization under section 4955

Enter the amount of any excise tax incurred by organization managers under section 4955

If the organization incurred a section 4955 tax, did it file Form 4720 for this year?

~~~~~~~~~~~~~ $

~~~~~~~~~~ $

~~~~~~~~~~~~~~~~~~~

Was a correction made?

If "Yes," describe in Part IV.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Enter the amount directly expended by the filing organization for section 527 exempt function activities

Enter the amount of the filing organization's funds contributed to other organizations for section 527

exempt function activities

~~~~ $

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ $

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL,

line 17b

Did the filing organization file for this year?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ $

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing organization

made payments. For each organization listed, enter the amount paid from the filing organization's funds. Also enter the amount of political

contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a

political action committee (PAC). If additional space is needed, provide information in Part IV.

Name Address EIN Amount paid fromfiling organization's

funds. If none, enter -0-.

Amount of politicalcontributions received and

promptly and directlydelivered to a separatepolitical organization.

If none, enter -0-.

LHA


SCHEDULE C

Part I-A Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Part I-B Complete if the organization is exempt under section 501(c)(3).

Part I-C Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Political Campaign and Lobbying Activities2014

J J

J

JJ

J

J

J




DR

AFT

43204210-21-14

If the amount on line 1e, column (a) or (b) is:

2

A

B

Limits on Lobbying Expenditures(The term "expenditures" means amounts paid or incurred.)

(a) (b)

1a

b

c

d

e

f

The lobbying nontaxable amount is:

g

h

i

j

Yes No

4-Year Averaging Period Under section 501(h)(Some organizations that made a section 501(h) election do not have to complete all of the five columns below.

See the separate instructions for lines 2a through 2f.)

Lobbying Expenditures During 4-Year Averaging Period

(a) (b) (c) (d) (e)

2a

b

c

d

e

f

Schedule C (Form 990 or 990-EZ) 2014

Schedule C (Form 990 or 990-EZ) 2014 Page

Check if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN,

expenses, and share of excess lobbying expenditures).

Check if the filing organization checked box A and "limited control" provisions apply.

Filingorganization's

totals

Affiliated grouptotals

Total lobbying expenditures to influence public opinion (grass roots lobbying)

Total lobbying expenditures to influence a legislative body (direct lobbying)

~~~~~~~~~~

~~~~~~~~~~~

Total lobbying expenditures (add lines 1a and 1b)

Other exempt purpose expenditures

~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Total exempt purpose expenditures (add lines 1c and 1d)

Lobbying nontaxable amount. Enter the amount from the following table in both columns.

~~~~~~~~~~~~~~~~~~~~

Not over $500,000

Over $500,000 but not over $1,000,000

Over $1,000,000 but not over $1,500,000

Over $1,500,000 but not over $17,000,000

Over $17,000,000

20% of the amount on line 1e.

$100,000 plus 15% of the excess over $500,000.

$175,000 plus 10% of the excess over $1,000,000.

$225,000 plus 5% of the excess over $1,500,000.

$1,000,000.

Grassroots nontaxable amount (enter 25% of line 1f)

Subtract line 1g from line 1a. If zero or less, enter -0-

Subtract line 1f from line 1c. If zero or less, enter -0-

~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~

If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720

reporting section 4911 tax for this year? ��

Calendar year (or fiscal year beginning in)

2011 2012 2013 2014 Total

Lobbying nontaxable amount

Lobbying ceiling amount

(150% of line 2a, column(e))

Total lobbying expenditures

Grassroots nontaxable amount

Grassroots ceiling amount

(150% of line 2d, column (e))

Grassroots lobbying expenditures

Part II-A Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election undersection 501(h)).

J

J


4,990.4,990.

8,562,568.8,567,558.578,378.

144,595.0.0.

555,811. 670,492. 612,437. 578,378. 2,417,118.

3,625,677.

854. 10,213. 9,795. 4,990. 25,852.

138,953. 167,623. 153,109. 144,595. 604,280.

906,420.

133. 133.



DR

AFT

43204310-21-14

3

(a) (b)

Yes No Amount

1

a

b

c

d

e

f

g

h

i

j

a

b

c

d

2

Yes No

1

2

3

1

2

3

1

2

3

4

5

(do not include amounts of political

expenses for which the section 527(f) tax was paid).

1

2a

2b

2c

3

4

5

a

b

c


For each "Yes," response to lines 1a through 1i below, provide in Part IV a detailed descriptionof the lobbying activity.

Schedule C (Form 990 or 990-EZ) 2014 Page

During the year, did the filing organization attempt to influence foreign, national, state or

local legislation, including any attempt to influence public opinion on a legislative matter

or referendum, through the use of:

Volunteers?

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)?

Media advertisements?

Mailings to members, legislators, or the public?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~

Publications, or published or broadcast statements?

Grants to other organizations for lobbying purposes?

~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~

Direct contact with legislators, their staffs, government officials, or a legislative body?

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means?

Other activities?

~~~~~~

~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Total. Add lines 1c through 1i

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)?

If "Yes," enter the amount of any tax incurred under section 4912

If "Yes," enter the amount of any tax incurred by organization managers under section 4912

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~

~~~~~~~~~~~~~~~~

~~~

��

Were substantially all (90% or more) dues received nondeductible by members?

Did the organization make only in-house lobbying expenditures of $2,000 or less?

Did the organization agree to carry over lobbying and political expenditures from the prior year?

~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~

��

Dues, assessments and similar amounts from members

Section 162(e) nondeductible lobbying and political expenditures

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Current year

Carryover from last year

Total

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess

does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political

expenditure next year?

~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Taxable amount of lobbying and political expenditures (see instructions) ��

Provide the descriptions required for Part I-A, line 1; Part I-B, line 4; Part I-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see

instructions); and Part II-B, line 1. Also, complete this part for any additional information.

Part II-B Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768(election under section 501(h)).

Part III-A Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Part III-B Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No," OR (b) Part III-A, line 3, isanswered "Yes."

Part IV Supplemental Information


PART II-A LINE 1B:

ON OUR BEHALF, SOUTH COVE STRATEGIES AND THE WASHINGTON LOW INCOME HOUSING

ALLIANCE COMMUNICATED WITH WASHINGTON STATE LEGISLATORS TO ADVOCATE FOR

SUPPORT OF LEGISLATION AND BUDGET ITEMS THAT WORK TOWARD ENDING

HOMELESSNESS FOR FAMILIES AND YOUTH IN WASHINGTON STATE, INCLUDING

WASHINGTON FAMILIES FUND, WHICH PROVIDEDS FUNDING FOR SERVICES FOR



DR

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43204410-21-14

4


(continued)Schedule C (Form 990 or 990-EZ) 2014 Page



HOMELESS FAMILIES.



DR

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OMB No. 1545-0047


43205110-01-14

Held at the End of the Tax Year

(Form 990) | Complete if the organization answered "Yes" to Form 990,Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.

| Attach to Form 990.| Information about Schedule D (Form 990) and its instructions is at



(a) (b)

1

2

3

4

5

6

Yes No

Yes No

1

2

3

4

5

6

7

8

9

a

b

c

d

2a

2b

2c

2d

Yes No

Yes No

1

2

a

b

(i)

(ii)

a

b

For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 2014

Complete if the

organization answered "Yes" to Form 990, Part IV, line 6.

Donor advised funds Funds and other accounts

Total number at end of year

Aggregate value of contributions to (during year)

Aggregate value of grants from (during year)

Aggregate value at end of year

~~~~~~~~~~~~~~~

~~~~

~~~~~~

~~~~~~~~~~~~~

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds

are the organization's property, subject to the organization's exclusive legal control?~~~~~~~~~~~~~~~~~~

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only

for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring

impermissible private benefit? ��

Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education)

Protection of natural habitat

Preservation of open space

Preservation of a historically important land area

Preservation of a certified historic structure

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last

day of the tax year.

Total number of conservation easements

Total acreage restricted by conservation easements

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

Number of conservation easements on a certified historic structure included in (a)

Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure

listed in the National Register

~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax

year |

Number of states where property subject to conservation easement is located |

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of

violations, and enforcement of the conservation easements it holds? ~~~~~~~~~~~~~~~~~~~~~~~~~

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year |

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year | $

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i)

and section 170(h)(4)(B)(ii)? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and

include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for

conservation easements.


If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art,

historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII,

the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical

treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts

relating to these items:

Revenue included in Form 990, Part VIII, line 1

Assets included in Form 990, Part X

~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $

$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide

the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included in Form 990, Part VIII, line 1

Assets included in Form 990, Part X

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $

$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |

LHA


Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts.

Part II Conservation Easements.

Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.

SCHEDULE D Supplemental Financial Statements 2014




DR

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43205210-01-14

3

4

5

a

b

c

d

e

Yes No

1

2

a

b

c

d

e

f

a

b

Yes No

1c

1d

1e

1f

Yes No

(a) (b) (c) (d) (e)

1

2

3

4

a

b

c

d

e

f

g

a

b

c

a

b

Yes No

(i)

(ii)

3a(i)

3a(ii)

3b

(a) (b) (c) (d)

1a

b

c

d

e

Total.

Schedule D (Form 990) 2014

(continued)

(Column (d) must equal Form 990, Part X, column (B), line 10c.)

Two years back Three years back Four years back

Schedule D (Form 990) 2014 Page

Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items

(check all that apply):

Public exhibition

Scholarly research

Preservation for future generations

Loan or exchange programs

Other

Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets

to be sold to raise funds rather than to be maintained as part of the organization's collection? ��

Complete if the organization answered "Yes" to Form 990, Part IV, line 9, orreported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included

on Form 990, Part X?

If "Yes," explain the arrangement in Part XIII and complete the following table:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Amount

Beginning balance

Additions during the year

Distributions during the year

Ending balance

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII

~~~~~

��


Current year Prior year

Beginning of year balance

Contributions

Net investment earnings, gains, and losses

Grants or scholarships

~~~~~~~

~~~~~~~~~~~~~~

~~~~~~~~~

Other expenditures for facilities

and programs

Administrative expenses

End of year balance

~~~~~~~~~~~~~

~~~~~~~~

~~~~~~~~~~

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment

Permanent endowment

Temporarily restricted endowment

The percentages in lines 2a, 2b, and 2c should equal 100%.

| %

| %

| %

Are there endowment funds not in the possession of the organization that are held and administered for the organization

by:

unrelated organizations

related organizations

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R?

Describe in Part XIII the intended uses of the organization's endowment funds.

~~~~~~~~~~~~~~~~~~~~~~

Complete if the organization answered "Yes" to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property Cost or otherbasis (investment)

Cost or otherbasis (other)

Accumulateddepreciation

Book value

Land

Buildings

Leasehold improvements

~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~

~~~~~~~~~~

Equipment

Other

~~~~~~~~~~~~~~~~~

��

Add lines 1a through 1e. |��

2Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets

Part IV Escrow and Custodial Arrangements.

Part V Endowment Funds.

Part VI Land, Buildings, and Equipment.


143,739. 143,739. 0.134,707. 134,707. 0.

0.



DR

AFT

(including name of security)

43205310-01-14

Total.

Total.

(a) (b) (c)

(a) (b) (c)

(a) (b)

Total.

(a) (b) 1.

Total.

2.


(Column (b) must equal Form 990, Part X, col. (B) line 15.)

(Column (b) must equal Form 990, Part X, col. (B) line 25.)

Description of security or category

(Col. (b) must equal Form 990, Part X, col. (B) line 12.) |

(Col. (b) must equal Form 990, Part X, col. (B) line 13.) |


Complete if the organization answered "Yes" to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

Book value Method of valuation: Cost or end-of-year market value

(1)

(2)

(3)

Financial derivatives

Closely-held equity interests

Other

~~~~~~~~~~~~~~~

~~~~~~~~~~~

(A)

(B)

(C)

(D)

(E)

(F)

(G)

(H)

Complete if the organization answered "Yes" to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.Description of investment Book value Method of valuation: Cost or end-of-year market value

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

Complete if the organization answered "Yes" to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

Description Book value

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

�� |

Complete if the organization answered "Yes" to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

Description of liability Book value

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

Federal income taxes

�� |

Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the

organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

3Part VII Investments - Other Securities.

Part VIII Investments - Program Related.

Part IX Other Assets.

Part X Other Liabilities.




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43205410-01-14

1

2

3

4

5

1

a

b

c

d

e

2a

2b

2c

2d

2a 2d 2e

32e 1

a

b

c

4a

4b

4a 4b

3 4c.

4c

5

1

2

3

4

5

1

a

b

c

d

e

2a

2b

2c

2d

2a 2d

2e 1

2e

3

a

b

c

4a

4b

4a 4b

3 4c.

4c

5


(This must equal Form 990, Part I, line 12.)

(This must equal Form 990, Part I, line 18.)


Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.

Total revenue, gains, and other support per audited financial statements

Amounts included on line 1 but not on Form 990, Part VIII, line 12:

~~~~~~~~~~~~~~~~~~~

Net unrealized gains (losses) on investments


Recoveries of prior year grants

Other (Describe in Part XIII.)

~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

Add lines through ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Subtract line from line ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Amounts included on Form 990, Part VIII, line 12, but not on line 1:

Investment expenses not included on Form 990, Part VIII, line 7b


~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

Add lines and

Total revenue. Add lines and

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

��

Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.

Total expenses and losses per audited financial statements

Amounts included on line 1 but not on Form 990, Part IX, line 25:

~~~~~~~~~~~~~~~~~~~~~~~~~~


Prior year adjustments

Other losses


~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

Add lines through

Subtract line from line

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Amounts included on Form 990, Part IX, line 25, but not on line 1:

Investment expenses not included on Form 990, Part VIII, line 7b


~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~

Add lines and

Total expenses. Add lines and

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

��

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI,

lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

4Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.

Part XIII Supplemental Information.


11,443,088.

-30,403.

-30,403.11,473,491.

0.11,473,491.

8,567,558.

0.8,567,558.

0.8,567,558.



DR

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OMB No. 1545-0047


Didfundraiser

have custodyor control of

contributions?

43208108-28-14

Information about Schedule G (Form 990 or 990-EZ) and its instructions is at

(Form 990 or 990-EZ)Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the

organization entered more than $15,000 on Form 990-EZ, line 6a.| Attach to Form 990 or Form 990-EZ. Open to Public

Inspection| Employer identification number

1

a

b

c

d

a

b

e

f

g

2

Yes No

(i) (ii)

(iii) (iv)

(v)

(i)

(vi)

Yes No

Total

3

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2014

Name of the organization

Complete if the organization answered "Yes" to Form 990, Part IV, line 17. Form 990-EZ filers are notrequired to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

Mail solicitations

Internet and email solicitations

Phone solicitations

In-person solicitations

Solicitation of non-government grants

Solicitation of government grants

Special fundraising events

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees or

key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be

compensated at least $5,000 by the organization.

Name and address of individualor entity (fundraiser)

ActivityGross receipts

from activity

Amount paidto (or retained by)

fundraiserlisted in col.

Amount paidto (or retained by)

organization

�� |

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registrationor licensing.

LHA

www.irs.gov/form 990.

SCHEDULE GSupplemental Information Regarding Fundraising or Gaming Activities

Fundraising Activities. Part I

2014


X XX

X

X

SARA NELSON - 13622 ASH WAY,EVERETT, WA 98204 GRANT WRITING X 7,229,571. 41,175. 7,188,396.

7,229,571. 41,175. 7,188,396.



DR

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432082 08-28-14

2

(d)

(a)

(c)

(a) (b) (c)

1

2

3

4

5

6

7

8

9

10

11

(a) (b)

(c) (d)

(a) (c)

1

2

3

4

5

6

7

8

Yes Yes Yes

No No No

9

10

a

b

Yes No

a

b

Yes No

Schedule G (Form 990 or 990-EZ) 2014

Pull tabs/instantbingo/progressive bingo

Schedule G (Form 990 or 990-EZ) 2014 Page Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000

of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

Total events

(add col. through

col. )

Re

ven

ue

Event #1 Event #2 Other events

(event type) (event type) (total number)

Gross receipts

Less: Contributions

~~~~~~~~~~~~~~

~~~~~~~~~~~

Gross income (line 1 minus line 2)

Dir

ec

t E

xpe

nse

s

��

Cash prizes

Noncash prizes

~~~~~~~~~~~~~~~

~~~~~~~~~~~~~

Rent/facility costs ~~~~~~~~~~~~

Food and beverages

Entertainment

~~~~~~~~~~

~~~~~~~~~~~~~~

Other direct expenses ~~~~~~~~~~

Direct expense summary. Add lines 4 through 9 in column (d)

Net income summary. Subtract line 10 from line 3, column (d)

~~~~~~~~~~~~~~~~~~~~~~~~ |

�� |Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than

$15,000 on Form 990-EZ, line 6a.

Re

ven

ue Bingo Other gaming

Total gaming (addcol. through col. )

Dir

ec

t E

xpe

nse

s

Gross revenue ��

Cash prizes

Noncash prizes

~~~~~~~~~~~~~~~

~~~~~~~~~~~~~

Rent/facility costs

Other direct expenses

~~~~~~~~~~~~

��

% % %

Volunteer labor ~~~~~~~~~~~~~

Direct expense summary. Add lines 2 through 5 in column (d)

Net gaming income summary. Subtract line 7 from line 1, column (d)

~~~~~~~~~~~~~~~~~~~~~~~~ |

�� |

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states?

If "No," explain:

~~~~~~~~~~~~~~~~~~~~

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year?

If "Yes," explain:

~~~~~~~~~

Part II Fundraising Events.

Part III Gaming.




DR

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432083 08-28-14

3

11

12

13

14

15

Yes No

Yes No

a

b

13a

13b

Yes Noa

b

c

16

17

a

b

Yes No

Supplemental Information.

Schedule G (Form 990 or 990-EZ) 2014

Schedule G (Form 990 or 990-EZ) 2014 Page

Does the organization conduct gaming activities with nonmembers?

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity formed

to administer charitable gaming?

~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Indicate the percentage of gaming activity conducted in:

The organization's facility

An outside facility

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ %

%~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name |

Address |

Does the organization have a contract with a third party from whom the organization receives gaming revenue?

If "Yes," enter the amount of gaming revenue received by the organization |

~~~~~~

$ and the amount

of gaming revenue retained by the third party | $ .

If "Yes," enter name and address of the third party:

Name |

Address |

Gaming manager information:

Name |

Gaming manager compensation |

Description of services provided |

$

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Enter the amount of distributions required under state law to be distributed to other exempt organizations or spent in the

organization's own exempt activities during the tax year | $

Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b,

15c, 16, and 17b, as applicable. Also provide any additional information (see instructions).

Part IV




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43208405-01-14

4

Schedule G (Form 990 or 990-EZ)

(continued)Schedule G (Form 990 or 990-EZ) Page





DRAFT

OMB No. 1545-0047

Department of the Treasury

Internal Revenue Service

43210110-15-14

SCHEDULE I(Form 990)

Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22.

| Attach to Form 990.

| Information about Schedule I (Form 990) and its instructions is at



General Information on Grants and AssistancePart I

1

2

Yes No

Part II Grants and Other Assistance to Domestic Organizations and Domestic Governments.

(f) 1 (a) (b) (c) (d) (e) (g) (h)

2

3

For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule I (Form 990) (2014)


Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection

criteria used to award the grants or assistance? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Complete if the organization answered "Yes" to Form 990, Part IV, line 21, for any

recipient that received more than $5,000. Part II can be duplicated if additional space is needed.Method of

valuation (book,FMV, appraisal,

other)

Name and address of organizationor government

EIN IRC sectionif applicable

Amount ofcash grant

Amount ofnon-cash

assistance

Description ofnon-cash assistance

Purpose of grantor assistance

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table

Enter total number of other organizations listed in the line 1 table

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |

�� |

LHA


Grants and Other Assistance to Organizations,Governments, and Individuals in the United States 2014


X

ABUSED DEAF WOMEN'S ADVOCACY TO PROVIDE SERVICES TOSERVICES - 8623 ROOSEVELT WAY NE - SUPPORT HOMELESS FAMILIESSEATTLE, WA 98115-3027 91-1339173 501C3 12,000. 0. IN WASHINGTON STATE

CATHOLIC COMMUNITY SERVICES OF TO PROVIDE SERVICES TOWESTERN WASHINGTON - 100 23RD AVE SUPPORT HOMELESS FAMILIESS - SEATTLE, WA 98144-2302 91-1585652 501C3 78,000. 0. IN WASHINGTON STATE

COMMUNITY ACTION OF SKAGIT COUNTY TO PROVIDE SERVICES TO330 PACIFIC PL SUPPORT HOMELESS FAMILIESMOUNT VERNON, WA 98273-5427 91-1140086 501C3 420,253. 0. IN WASHINGTON STATE

COMPASS HOUSING ALLIANCE TO PROVIDE SERVICES TO77 WASHINGTON ST # 5F SUPPORT HOMELESS FAMILIESSEATTLE, WA 98104 91-0578229 501C3 126,000. 0. IN WASHINGTON STATE

CONSEJO COUNSELLING & REFERRAL TO PROVIDE SERVICES TOSERVICES - 3808 S ANGELINE - SUPPORT HOMELESS FAMILIESSEATTLE, WA 98118 91-1021247 501C3 126,000. 0. IN WASHINGTON STATE

DOMESTIC ABUSE WOMEN'S NETWORK TO PROVIDE SERVICES TOPO BOX 88007 SUPPORT HOMELESS FAMILIESTUKWILA, WA 98138-2007 91-1176122 501C3 21,000. 0. IN WASHINGTON STATE

30.

11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1

37


DRAFT

43224105-01-14

Part II Continuation of Grants and Other Assistance to Governments and Organizations in the United States

(a) (b) (c) (d) (e) (f) (g) (h)

Schedule I (Form 990)

Schedule I (Form 990) Page 1

(Schedule I (Form 990), Part II.)

Name and address of organization or government


Amount of cash grant

Amount of non-cash

assistance

Method of valuation

(book, FMV, appraisal, other)




FAMILY SUPPORT CENTER OF SOUTH TO PROVIDE SERVICES TOSOUND - PO BOX 784 - OLYMPIA, WA SUPPORT HOMELESS FAMILIES98507-0784 91-2003828 501C3 400,000. 0. IN WASHINGTON STATE

HELPING HAND HOUSE TO PROVIDE SERVICES TOPO BOX 710 SUPPORT HOMELESS FAMILIESPUYALLUP, WA 98371-0184 91-1275046 501C3 50,000. 0. IN WASHINGTON STATE

HOPELINK TO PROVIDE SERVICES TO18435 NE 98TH WAY SUPPORT HOMELESS FAMILIESREDMOND, WA 98052-2976 91-0982116 501C3 323,500. 0. IN WASHINGTON STATE

HOUSING AUTHORITY OF GRANT COUNTY TO PROVIDE SERVICES TO1139 LARSON BLVD SUPPORT HOMELESS FAMILIESMOSES LAKE, WA 98837-3308 91-6000964 GOVERNMENT AGENC 195,600. 0. IN WASHINGTON STATE

HOUSING HOPE TO PROVIDE SERVICES TO5830 EVERGREEN WAY SUPPORT HOMELESS FAMILIESEVERETT, WA 98203 94-3060709 501C3 124,500. 0. IN WASHINGTON STATE

KITSAP COMMUNITY RESOURCES TO PROVIDE SERVICES TO845 8TH ST SUPPORT HOMELESS FAMILIESBREMERTON, WA 98337-1517 91-0791411 501C3 377,475. 0. IN WASHINGTON STATE

LEWIS COUNTY SHELTER PROGRAM TO PROVIDE SERVICES TOPO BOX 131 SUPPORT HOMELESS FAMILIESCHEHALIS, WA 98532-0131 91-1533595 501C3 155,672. 0. IN WASHINGTON STATE

LIFEWIRE TO PROVIDE SERVICES TOPO BOX 6398 SUPPORT HOMELESS FAMILIESBELLEVUE, WA 98008-0398 91-1190193 501C3 24,000. 0. IN WASHINGTON STATE

LIVING ACCESS SUPPORT ALLIANCE TO PROVIDE SERVICES TO(LASA) - PO BOX 98619 - LAKEWOOD, SUPPORT HOMELESS FAMILIESWA 98496-8619 91-1470619 501C3 50,000. 0. IN WASHINGTON STATE


38


DRAFT

43224105-01-14


(a) (b) (c) (d) (e) (f) (g) (h)







Amount of non-cash

assistance

Method of valuation





MARY'S PLACE TO PROVIDE SERVICES TO1830 9TH AVE SUPPORT HOMELESS FAMILIESSEATTLE, WA 98101-1321 27-2087950 501C3 40,000. 0. IN WASHINGTON STATE

MERCY HOUSING NW TO PROVIDE SERVICES TO2305 3RD AVE # 204 SUPPORT HOMELESS FAMILIESSEATTLE, WA 98121 91-1546525 501C3 67,518. 0. IN WASHINGTON STATE

MULTI-SERVICE CENTER (MSC) TO PROVIDE SERVICES TOPO BOX 23699 SUPPORT HOMELESS FAMILIESFEDERAL WAY, WA 98093-0699 23-7120815 501C3 40,000. 0. IN WASHINGTON STATE

NEW BEGINNINGS TO PROVIDE SERVICES TOPO BOX 75125 SUPPORT HOMELESS FAMILIESSEATTLE, WA 98175-0125 91-1005916 501C3 26,000. 0. IN WASHINGTON STATE

OPEN HEARTH TO PROVIDE SERVICES TOPO BOX 1181 SUPPORT HOMELESS FAMILIESPUYALLUP, WA 98371-0111 26-0561140 501C3 50,000. 0. IN WASHINGTON STATE

PIERCE COUNTY HOUSING AUTHORITY TO PROVIDE SERVICES TO600 POLK ST S SUPPORT HOMELESS FAMILIESTACOMA, WA 98444 91-1105806 501C3 183,642. 0. IN WASHINGTON STATE

RESCUE MISSION TO PROVIDE SERVICES TOPO BOX 1912 SUPPORT HOMELESS FAMILIESTACOMA, WA 98401-1912 91-0565014 501C3 50,000. 0. IN WASHINGTON STATE

SNOHOMISH COUNTY HUMAN SERVICES TO PROVIDE SERVICES TODEPT. - 3000 ROCKEFELLER AVE, MS SUPPORT HOMELESS FAMILIES305 - EVERETT, WA 98201-4046 91-6001368 GOVERNMENT AGENC 500,000. 0. IN WASHINGTON STATE

SNOHOMISH COUNTY LEGAL SERVICES TO PROVIDE SERVICES TOPO BOX 5675 SUPPORT HOMELESS FAMILIESEVERETT, WA 98206-5675 91-1215739 501C3 324,500. 0. IN WASHINGTON STATE


39


DRAFT

43224105-01-14


(a) (b) (c) (d) (e) (f) (g) (h)







Amount of non-cash

assistance

Method of valuation





SOLID GROUND TO PROVIDE SERVICES TO1501 N 45TH ST SUPPORT HOMELESS FAMILIESSEATTLE, WA 98103-6708 23-7421892 501C3 40,000. 0. IN WASHINGTON STATE

THE SALVATION ARMY, SEATTLE BRANCH TO PROVIDE SERVICES TO811 MAYNARD AVE S SUPPORT HOMELESS FAMILIESSEATTLE, WA 98134-1324 94-1156347 501C3 78,000. 0. IN WASHINGTON STATE

WOMEN'S RESOURCE CENTER OF NORTH TO PROVIDE SERVICES TOCENTRAL WASHINGTON - PO BOX 2051 - SUPPORT HOMELESS FAMILIESWENATCHEE, WA 98807-2051 91-1109429 501C3 135,000. 0. IN WASHINGTON STATE

YAKIMA NEIGHBORHOOD HEALTH TO PROVIDE SERVICES TOSERVICES - 12 S 8TH ST - YAKIMA, SUPPORT HOMELESS FAMILIESWA 98901 91-0928817 501C3 252,000. 0. IN WASHINGTON STATE

YWCA OF SEATTLE - KING COUNTY - TO PROVIDE SERVICES TOSNOHOMISH COUNTY - 1118 5TH AVE - SUPPORT HOMELESS FAMILIESSEATTLE, WA 98101-3001 91-0482890 501C3 787,000. 0. IN WASHINGTON STATE

YWCA PIERCE COUNTY TO PROVIDE SERVICES TO405 BROADWAY AVE SUPPORT HOMELESS FAMILIESTACOMA, WA 98402-3904 91-0565026 501C3 50,000. 0. IN WASHINGTON STATE


40


DRAFT

432102 10-15-14

2Part III Grants and Other Assistance to Domestic Individuals.

(e) (a) (b) (c) (d) (f)

Part IV Supplemental Information.

Schedule I (Form 990) (2014)

Schedule I (Form 990) (2014) Page Complete if the organization answered "Yes" to Form 990, Part IV, line 22.

Part III can be duplicated if additional space is needed.

Method of valuation(book, FMV, appraisal, other)

Type of grant or assistance Number ofrecipients

Amount ofcash grant

Amount of non-cash assistance

Description of non-cash assistance

Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.


PART I, LINE 2:

GRANTEES ARE REQUIRED TO SUBMIT QUARTERLY REPORTS TO BUILDING CHANGES WHICH

INCLUDE FINANCIAL ACTIVITY REPORT AND SERVICE ACTIVITY REPORT. ON AN ANNUAL

BASIS, GRANTEES PROVIDE COPIES OF THEIR AUDITED FINANCIAL STATEMENTS AND

FORM 990. BUILDING CHANGES CONDUCTS RISK ASSESSMENT AND FROM THIS, HIGH

RISK GRANTEES ARE IDENTIFIED. HIGH-RISK GRANTEES ARE MONITORED ON-SITE TO

ENSURE THAT GRANTEES ARE FULFILLING CONTRACT REQUIREMENTS INCLUDING THE

APPROPRIATE USE OF GRANT FUNDS. GRANTEES ARE REQUIRED TO FILL OUT

EXTENSIVE MONITORING REPORT PRIOR TO THE VISIT. DURING THE VISIT, BUILDING


41


DR

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43229105-01-14

2


Schedule I (Form 990) Page



CHANGES STAFF REVIEW RANDOM SAMPLE OF FINANCIAL RECORDS AND CASE FILES, AS

WELL AS MEET WITH PROJECT STAFF TO DISCUSS PROJECT PROGRESS AND CHALLENGES.



DR

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43221108-27-14

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at

Complete to provide information for responses to specific questions onForm 990 or 990-EZ or to provide any additional information.

| Attach to Form 990 or 990-EZ.|

(Form 990 or 990-EZ)



For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule O (Form 990 or 990-EZ) (2014)


LHA


SCHEDULE O Supplemental Information to Form 990 or 990-EZ 2014


FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:

CONSULTING AND TECHNICAL ASSISTANCE

EXPENSES $ 160,494. INCLUDING GRANTS OF $ 0. REVENUE $ 213,997.

FORM 990, PART VI, SECTION A, LINE 4:

REMOVE PROVISION FOR PROXY VOTING AND TO STATE ANY ACTION BY WRITTEN

CONSENT WITHOUT A MEETING REQUIRES UNANIMOUS CONSENT FROM THE VOTING BODY

(BOARD OR COMMITTEE), REPLACING THE PREVIOUSLY STATED MAJORITY VOTE.

FORM 990, PART VI, SECTION B, LINE 11:

ANNUAL FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE, THEN TO THE BOARD

FOR APPROVAL PRIOR TO SUBMISSION TO THE IRS.

FORM 990, PART VI, SECTION B, LINE 12C:

ALL BOARD MEMBERS AND KEY STAFF ARE REQUIRED TO REVIEW AND SIGN THE

CONFLICT OF INTEREST POLICY ANNUALLY. THROUGH THIS PROCESS, BOARD MEMBERS

AND KEY STAFF ARE REMINDED OF THE REQUIREMENT TO DISCLOSE ALL MATERIAL

FACTS OF EVERY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE EXECUTIVE

DIRECTOR OR BOARD CHAIR. BUILDING CHANGES MANAGEMENT AND THE BOARD

EXECUTIVE COMMITTEE HAVE THE RESPONSIBILITY TO IDENTIFY RELATED PARTY

TRANSACTIONS AND REAL OR POTENTIAL CONFLICTS OF INTERESTS. ALL IDENTIFIED

RELATED PARTY TRANSACTIONS AND REAL OR POTENTIAL CONFLICTS OF INTEREST ARE

PRESENTED AND DISCUSSED BY THE APPROPRIATE COMMITTEE OR FULL BOARD AND ARE

RECORDED IN THE MINUTES OF THAT MEETING.

FORM 990, PART VI, SECTION B, LINE 15:



DR

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43221208-27-14

2


Schedule O (Form 990 or 990-EZ) (2014)

Schedule O (Form 990 or 990-EZ) (2014) Page

Name of the organizationBUILDING CHANGES 91-1410450

CEO SALARY IS DETERMINED BY THE BOARD. ALL BUILDING CHANGES COMPENSATION

ARE BASED ON PUBLISHED SALARY SURVEYS FROM WASHINGTON EMPLOYERS AND COUNCIL

ON FOUNDATION. ALL STAFFS' SALARY ARE BASED ON SALARY RANGES THAT ARE

FORMULATED FROM PUBLISHED SALARY SURVEYS FROM WASHINGTON EMPLOYERS AND

COUNCIL ON FOUNDATION.

FORM 990, PART VI, SECTION C, LINE 19:

THESE DOCUMENTS ARE NOT PUBLICLY AVAILABLE.

FORM 990, PART XII, LINE 2C:

THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

FORM 990, PART VI, LINE 1A:

THE EXECUTIVE COMMITTEE IS COMPRISED OF THE PRESIDENT, VICE PRESIDENT,

SECRETARY, TREASURER, COMMITTEE CHAIR AND IMMEDIATE PAST PRESIDENT.

THE EXECUTIVE COMMITTEE MAKES DECISION ON BEHALF OF THE BOARD WHEN

THERE ARE URGENT ISSUES THAT NEED TO BE RESOLVED OR ACTED UPON.



Resolution 15-06

Approval of Federal Tax Return WHEREAS, Building Changes is required by the Internal Revenue Service to file a Form 990 – Return of Organization Exempt From Income Tax for the previous fiscal year; and

WHEREAS, the final draft of the Form 990 – Return of Organization Exempt From Income Tax for 2014 was reviewed by the Finance & Audit Committee on April 15, 2015, and was recommended to the Board of Directors for approval to file; NOW, THEREFORE, BE IT RESOLVED that the Building Changes Board of Directors authorizes Executive Director, Alice Shobe to sign the Form 990 – Return of Organization Exempt From Income Tax for fiscal year 2014 for filing. Attested, _____________________________ Barbara Dingfield, Secretary (as an agent of the board) April 24, 2015


Financial Reports Page 1

memo

To: Finance Committee

Cc: Leadership Team

From: Armilito J Pangilinan

Date:

Re: Financial Statements as of February 28, 2015

Please find enclosed preliminary financial statements as of February 28, 2015. The statements include a) Financial Dashboard, b) Statement of Financial Position (SOFP), c) Statement of Revenues and Expenses ‐ All Funds (SORE All), d) Statement of Revenues and Expenses ‐ Operating ‐ YTD Actual to Budget Comparison (SORE Ops), e) Supplemental Information summarizing Restricted Releases, Professional Fees and Project Expenses and Funding, f) Cash Flows with Projections. Highlights Statement of Financial Position (SOFP) – page 4

Cash on hand ‐ $12.53 million. $4.18 million is available for Systems Innovations grant making (still to be awarded in 2015); $1.94 million for restricted time and purpose use in 2015 and 2016; $3.38 million for Systems Innovation grant payments payable in 2015 and 2016; $1.4 million is to cover the Private Funds portion of the Washington Youth and Families Fund current and long‐term (up to 2019) grants and administrative expenses; and the remainder for other operating purposes.

Current receivables ‐ $4.26 million. $1.85 million from Department of Commerce for Service grants; $1.6million is for receivables from Gates Foundation for infrastructure support in 2015; $100K from Allen Foundation for Employment/Evaluation; $100K from Anonymous Donor for time restricted operating support; $246K is pledges due from individuals and foundations; $293K from Robert Wood Johnson Foundation for Evaluation, $133K from Raikes Foundation for Youth and Young Adults), and $60K from United Way of King County for Racial Equity.

Long‐term receivables ‐ $2.69 million. $1.12 million is for restricted grants from Gates Foundation for infrastructure support; $100K from Allen Foundation for Employment/ Evaluation, $100K from Anonymous donor for time restricted operating support, and $1.37 million is due from Commerce for the Washington Families Fund service grants.

Total current and long term grants payable is $7.774 million. Service grants = $4.47 million to 47

grantees ; Systems Innovation grants = $ 3.304 million to 39 grantees

Change in net assets is deficit of $465K.



Statement of Revenues and Expenditures – All Funds – page 5

Being early in the year, there is not any significant activity in the period to report

Statement of Revenues – Operating (SORE‐Ops) – page 6

Net of revenues over expenses before grants is $27.9K.



Values

12,527,092$

7,773,975$

# of outstanding grants 86

0%

36%

15%

16%

67%

100%

Color Indicators:

On target Off track

Slight off track N/A too soon to tell

1%

Building Changes

Financial DashboardFebruary 28, 2015

Amount of cash‐on‐hand

Description

% Board members who have contributed

Indicator

Outstanding grant commitments

% grant budget awarded

YTD contribution to operating reserve vs. current

annual projection (compared to 17% for 2 mos.)

% Budget expended (compared to 17% for 2 mos.)

% Restricted release (compared to 17% for 2 mos.)

% Running total of operating reserve vs $1M target

% of Grants Administration staff expenses vs

grants administered

$3,301,129 $3,002,916

$298,213

$3,096,836 $2,960,046

$136,790 $3,313,066

$3,028,949 $284,117

$3,498,661

$3,402,941

$95,720

$683,304 $655,419

$27,885

$4,555,173 $4,478,714

$76,459

$‐

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

$4,500,000

$5,000,000

Revenues and Support Expenses Net

Operating Fund Year‐by‐Year Actuals

(net of Grants)

2011 Actual 2012 Actual 2013 Actual 2014 Actual 2015 Actual 2015 Budget

$‐

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

$4,500,000

$5,000,000

2011Actual

2012Actual

2013Actual

2014Actual

2015Actual

2015Budget

Operating Fund Year‐by‐Year

Revenues by Source

Gates Fdn Annual Fund

Other Rest Release Government Grants

Commerce (WFF) Fee for Service + Other



12/31/14 2015 YTD Balance

Change From

Prior Year

Assets

Current Assets

Cash 10,905,710 9,786,817 (1,118,893)

Administered funds 2,792,744 2,740,275 (52,469)

Accounts receivable 1,801,945 1,896,101 94,156

Pledges receivable 2,373,651 2,360,331 (13,320)

Prepaid expense 100,387 19,342 (81,045)

Total Current Assets 17,974,437 16,802,866 (1,171,571)

Non‐current Assets

Long term pledges receivable 1,320,000 1,320,000 0

Long term receivable 1,365,290 1,365,290 0

Total Non‐current Assets 2,685,290 2,685,290 0

Total Assets 20,659,727 19,488,156 (1,171,571)

Liabil ities

Current Liabil ities

Accounts payable 64,248 34,313 (29,935)

Grants payable 5,524,839 4,836,661 (688,178)

Accrued payroll expense payable 141,357 153,187 11,830

Total Current Liabil ities 5,730,444 5,024,161 (706,283)

Long Term Liabil ities

Grants payable 2,937,314 2,937,314 0

Total Long Term Liabilities 2,937,314 2,937,314 0

Total Liabilities 8,667,758 7,961,475 (706,283)

Net Assets

Beginning fund balance 11,991,968 11,991,968 0

Excess (deficit) of revenue over expenses 0 (465,287) (465,287)

Total Net Assets 11,991,968 11,526,681 (465,287)

Total Liabilities and Fund Balance 20,659,726 19,488,156 (1,171,570)

BUILDING CHANGES

Statement of Financial Position (SOFP)

February 28, 2015



Operating Innovations Restricted TotalSupport and Revenue

Support

Corporations 3,105 0 0 3,105

Foundations/Funds 54,500 0 5,000 59,500

Individuals 3,752 0 0 3,752

Restricted releases ‐ time 38,333 0 (38,333) 0

Restricted releases ‐ Other 63,016 0 (63,016) 0

Restricted releases ‐ Gates 318,419 0 (318,419) 0

Restricted releases ‐ Innovations 87,151 (87,151) 0 0

Government grants 0 0 0 0

Total Support 568,276 (87,151) (414,768) 66,357

Fees and Other

Consulting fees 24,524 0 0 24,524

WFF Service Grant Admin, TA & Eval 88,126 0 0 88,126

Investment earnings 2,194 0 10,473 12,667

Miscellaneous 184 0 0 184

Total Fees and Other 115,028 0 10,473 125,501

Total Support and Revenue 683,304 (87,151) (404,295) 191,858

Expense

Personnel Costs

Salaries and wages 341,153 0 0 341,153

Taxes and benefits 80,697 0 0 80,697

Total Personnel Costs 421,850 0 0 421,850

Other Operating Costs

Professional fees 132,905 0 0 132,905

Supplies 10,797 0 0 10,797

Telecommunications 4,730 0 0 4,730

Postage and delivery 561 0 0 561

Occupancy 29,974 0 0 29,974

Equpt/software rent and maintenance 147 0 0 147

Printing and publications 3,394 0 0 3,394

Travel 10,046 0 0 10,046

Conference/Meetings/Networking Events 12,847 0 0 12,847

Insurance 12,672 0 0 12,672

Partner stipend 0 0 0 0

Bank charges and interest 713 0 1,726 2,439

Bank charges and interest 0 0 0 0

Dues and l icenses 11,569 0 0 11,569

Staff Recruitment/Development/Training 2,957 0 0 2,957


Total Other Operating Costs 233,569 0 1,726 235,295

Total Expense 655,419 0 1,726 657,145

Net of Revenue Over Expense Before Grants 27,885 (87,151) (406,021) (465,287)

Restricted Releases ‐ Grants 5,300,000 5,300,000

Grant expense (5,300,000) (5,300,000)

Net of Revenue Over Expense After Grants 27,885 (87,151) (406,021) (465,287)

Building ChangesStatement of Revenues and Expenditures ‐ All Funds (SORE ‐ All)

February 28, 2015



2015 Annual

Budget

2015 YTD

Actual

2015 YTD

Budget

Over/ (Under)

Budget % Variance

Support and Revenue

Support

Corporations 20,000 3,105 3,333 (228) ‐7%

Foundations/Funds 147,500 54,500 24,583 29,917 122%

Individuals 180,000 3,752 30,000 (26,248) ‐87%

Restricted releases ‐ time 230,000 38,333 38,333 (0) 0%

Restricted releases ‐ purpose 815,114 63,016 135,852 (72,836) ‐54%

Restricted releases ‐ Gates 2,201,789 318,419 366,965 (48,546) ‐13%

Restricted releases ‐ Innovations 377,963 87,151 62,994 24,157 38%

Total Support 3,972,366 568,276 662,061 (93,785) ‐14%

Fees and Other

Consulting fees 241,290 24,524 40,215 (15,691) ‐39%

WFF Service Grant Admin, TA & Eval 321,517 88,126 53,586 34,540 64%

Investment earnings 20,000 2,194 3,333 (1,139) ‐34%


Total Fees and Other 582,807 115,028 97,135 17,894 18%

Total Support and Revenue 4,555,173 683,304 759,196 (75,892) ‐10%

Expense

Personnel Costs

Salaries and wages 1,970,999 341,153 328,500 12,653 4%

Taxes and benefits 480,036 80,697 80,006 691 1%

Total Personnel Costs 2,451,035 421,850 408,506 13,344 3%

Other Operating Costs

Professional fees 1,179,636 132,905 196,606 (63,701) ‐32%

Supplies/Minor Equipment/Software 116,624 10,797 19,437 (8,640) ‐44%

Telecommunications 28,521 4,730 4,754 (24) 0%

Postage and delivery 11,511 561 1,919 (1,358) ‐71%

Occupancy 176,103 29,974 29,351 624 2%

Equipment rent and repair 27,421 147 4,570 (4,423) ‐97%

Printing and publications 45,313 3,394 7,552 (4,158) ‐55%

Travel 112,890 10,046 18,815 (8,769) ‐47%

Conference/Meetings/Networking Events 143,300 12,847 23,883 (11,036) ‐46%

Insurance 17,000 12,672 2,833 9,839 347%

Partner stipend 60,300 0 10,050 (10,050) ‐100%

Bank charges and interest 10,000 713 1,667 (954) ‐57%

Depreciation 5,000 0 833 (833) ‐100%

Staff Recruitment/Development/Training 61,700 11,569 10,283 1,286 13%

Dues and l icenses 27,610 2,957 4,602 (1,645) ‐36%

Miscellaneous 4,750 257 792 (535) ‐68%

Total Other Operating Costs 2,027,679 233,569 337,947 (104,378) ‐31%

Total Expense 4,478,714 655,419 746,452 (91,033) ‐12%

Net of Revenue Over Expense Before Grants 76,459 27,885 12,743 15,142 119%

Restricted Releases ‐ Grants 5,300,000 883,333 (883,333) ‐100%

Grant expense (5,300,000) (883,333) 883,333 ‐100%

Net of Revenues Over Expenses After Grants 76,459 27,885 12,743 15,142 119%

Building Changes

Statement of Revenues and Expenditures ‐ Operating (SORE‐Ops)

Year‐to‐Date Actual to Budget Comparison

February 28, 2015



Restricted Releases

Project YTD Actual YTD Budget Variance % Variance

Service Grants Management & Tech Assistance 29,019 3,070 25,949 845%

Systems Innovation Grants Management 57,873 39,204 18,669 48%

Capacity Building 89,372 102,200 (12,828) ‐13%

Evaluation 62,466 102,026 (39,560) ‐39%

Employment 12,001 14,650 (2,649) ‐18%

Racial Disproportionality 17,799 22,593 (4,794) ‐21%

Healthcare 37,135 35,853 1,282 4%

Youth & Young Adult 19,817 24,289 (4,472) ‐18%

Results Based Leadership 47,455 43,472 3,983 9%

Time Restricted 9,167 9,167 ‐ 0%

Communications 38,415 54,946 (16,531) ‐30%

Policy and Advocacy 48,818 29,595 19,223 65%

Exec Dir Discretionary 2,560 4,167 (1,607) ‐39%

Internal RBL 2,560 16,667 (14,107) ‐85%

Internal Capacity Building 18,942 35,552 (16,610) ‐47%

Business Planning 94,167 62,500 31,667 51%

Total Operating 587,566 599,948 (12,382) ‐2%

Systems Innovation Grants

Service Grants

Total 587,566 599,948 (12,382) ‐2%

Professional Fees

Account Name YTD Actual YTD Budget Variance % Variance

Audit/Accounting 3,437 7,000 (3,563) ‐51%

Human Resources/Payroll Services 2,980 8,333 (5,353) ‐64%

Legal 131 2,283 (2,152) ‐94%

Staff/Organizational Development 65,000 66,500 (1,500) ‐2%

Fundraising Support 10,125 10,000 125 1%

Copywriting 750 4,867 (4,117) ‐85%

Graphics Design ‐ 1,067 (1,067) ‐100%

Website Maintenance 1,500 500 1,000 200%

Technology Support 24,081 19,248 4,833 25%

Temporary Services 2,275 ‐ 2,275

Lobbying 5,000 3,708 1,292 35%

Evaluation 8,305 33,000 (24,695) ‐75%

Technical Assistance/Training Consultants 9,250 19,507 (10,257) ‐53%

Other 71 20,592 (20,521) ‐100%

Total 132,905 196,606 (63,701) ‐32%

Project Expense and Funding

Project Name Funding

Actual

Expenses

Surplus/

(Deficit)

WFF Service Grant Administration 29,019 25,234 3,785

Training & TA 10,040 8,730 1,310

Evaluation 62,466 55,551 6,915

Systems Innovation Grants Administration 57,873 50,324 7,549

Capacity Building ‐ Multiple Counties 89,372 77,716 11,656

Racial Disparity 17,799 15,476 2,323

Healthcare 37,135 32,291 4,844

Youth and Young Adults 19,817 17,232 2,585

Fundraising 70,524 44,447 26,077

Communications 38,415 33,404 5,011

Employment 12,001 10,435 1,566

Consulting 24,524 23,912 612

Results Based Leadership 47,455 41,265 6,190

Lobbying ‐ 5,456 (5,456)

Policy and Advocacy 48,818 42,450 6,368

Internal Capacity Building 18,942 16,472 2,470

Internal RBL 2,560 2,226 334

Business Planning 94,167 65,000 29,167

Management & General 2,378 87,796 (85,418)

Total Operating 683,305 655,417 27,888

Grants ‐

Total 683,305 655,417 27,888

Supplemental Information

Building Changes

February 28, 2015



Actual

Jan to Feb

2015 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total

Beginning Cash Balance 13,698,454 13,645,325 14,763,556 14,356,788 17,455,399 17,003,631 16,421,862 15,920,473 12,838,705 12,256,937 11,755,547 13,698,454

Inflows

Contributions/Annual Fund 61,357 28,614 28,614 28,614 28,614 28,614 28,614 28,614 28,614 28,614 28,614 347,500

Grants ‐ Private 5,000 1,600,000 75,000 3,000,000 130,000 4,805,000

Commerce for Regranting 568,201 ‐ 730,317 1,298,518

Consulting Fees 24,524 20,108 20,108 20,108 20,108 20,108 20,108 20,108 20,108 20,108 20,108 201,075

WFF Service Grant 88,126 80,379 80,379 80,379 241,138

Investment Earnings and Other 12,851 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 16,667

Change in Long‐term Receivables ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

Change in Accounts Receivable (80,836) 100,000 100,000 1,600,000 ‐ ‐ ‐ ‐ ‐ 1,800,000

Total 111,022 1,750,388 225,388 5,298,969 180,388 50,388 130,768 50,388 780,705 130,768 50,388 8,709,897

Outflows

Payroll related expenses 421,850 202,919 202,919 202,919 202,919 202,919 202,919 202,919 202,919 202,919 202,919 2,451,035

Other Operating Expenses 235,295 179,238 179,238 179,238 179,238 179,238 179,238 179,238 179,238 179,238 179,238 2,027,678

Grant Payments ‐ 1,000,000 2,500,000 1,800,000 5,300,000

Change in Accounts Payables 29,935 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

Change in Payroll Expense Payables (11,830) ‐

Change in Grants Payables 688,178 250,000 250,000 818,201 250,000 250,000 250,000 250,000 980,317 250,000 250,000 250,000

Change in Prepaid Expenses (81,045) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

Total 1,282,383 632,157 632,157 2,200,358 632,157 632,157 632,157 3,132,157 1,362,474 632,157 2,432,157 10,028,713

Ending Cash Balance 12,527,093 14,763,556 14,356,788 17,455,399 17,003,631 16,421,862 15,920,473 12,838,705 12,256,937 11,755,547 9,373,779 12,379,638

Building Changes

Cash Flows with Projection ‐ All Funds

February 28, 2015


Finance and Audit Committee Meeting - Building Changes 2015... · Guests Mark Raker and Megan...

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