Charity Search / MIFOS INITIATIVE
Community Improvement (S30) 990 on File

MIFOS INITIATIVE

EIN: 45-3613178 · SEATTLE, WA 98107-5209 · United States · FY 2024 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 65/100
Reliability (20%) 50/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$2.8M
Total Revenue
$2.9M
Total Expenses
$608K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 99.5%
Fundraising Efficiency N/A
Operating Reserve 2.54x
Liability-to-Asset 1.4%
Revenue Diversification 82.9%
Executive Compensation $121K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations (United States, Community Improvement, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
99.5% 85.2%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.5% 11.8%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
2.5 mo 9.7 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.4% 21.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
82.9% 90.7%
P10P90
Above median
Revenue growth
Year over year revenue growth
1.8% 8.8%
P10P90
Expense growth
Year over year expense growth
1.8% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
-3.1% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.8M $2.9M $608K 99.5% 1
2023 $2.7M $2.8M $695K 99.6% 3
2022 $2.3M $1.5M $780K 99.1% 3
2021 $331K $401K N/A 3
2020 $71K $463K N/A 2
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Organization Details
EIN
45-3613178
State
WA
City
SEATTLE
ZIP
98107-5209
Classification
S30
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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