BIA ASSOCIATION

EIN: 842941818 Community Improvement

SEATTLE, WA

Total Revenue
$245,740
Total Expenses
$237,840
Total Assets
$100,273
Net Assets
$82,727
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
WA
Phone
2063541178
Tax Period
2025-01-01 to 2025-12-31

BIA ASSOCIATION, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $246K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. Expenses of $238K left a modest 3% surplus.

Mission

The BIA Association connects businesses, residents, and visitors in the Broadway Business Area of Seattle to create a safe, clean, and thriving community that is welcome to all.

Program Service Accomplishments

Program 1
Expenses: $189,949

In 2025, beyond our normal responsibilities of trash, graffiti, and security, we began to focus on collections for late assessments from our rate-payers and started work on an amendment to our...

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In 2025, beyond our normal responsibilities of trash, graffiti, and security, we began to focus on collections for late assessments from our rate-payers and started work on an amendment to our ordinance to allow for a mechanism to adjust our assessments to keep pace with inflation. We also pushed to get out of COVID-era silos and forged strong relationships with other related community groups, including GSBA Capitol Hill, 15th Avenue East BIA, and the stakeholders working to create a Pike/Pine BIA. In addition, we continued to support Capitol Hills largest event, PrideFest Capitol Hill, to bring tens of thousands of people to Broadway over Pride weekend.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $244,695
Program Service Revenue $0
Investment Income $1,045
Other Revenue $0
TOTAL REVENUE $245,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,908
Fundraising Expenses $0
Program Expenses $189,949
Other Expenses $190,932
TOTAL EXPENSES $237,840

Year-over-Year Comparison

2025 2024 Change
Revenue $245,740 $269,634 -0.1%
Expenses $237,840 $260,992 -0.1%
Net Income $7,900 $8,642 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$46,908
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EGAN ORION ADMINISTRATOR 10.00
Officer
$46,908 $0 $46,908
TAMARA ASAKAWA CHAIR 2.00
Officer Director
$0 $0 $0
LINDSEY JENSEN Treasurer 2.00
Officer Director
$0 $0 $0
RYAN DARCEY Secretary 2.00
Officer Director
$0 $0 $0
GRANT BOWKER Director 1.00
Director
$0 $0 $0
JOSEPH SOUHRADA Director 1.00
Director
$0 $0 $0
RACHEL SAVAGE Director 1.00
Director
$0 $0 $0
FRANK ALVARADO DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $245,740 $237,840 $100,273 $7,900
2024 No data No data No data No data
2023 $266,919 $261,634 $84,890 $5,285
2022 $282,121 $276,249 $96,247 $5,872
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