AVELA - A VISION FOR ENGINEERING LITERACY & ACCESS

EIN: 884125697 501(c)(3) Education

Seattle, WA

Total Revenue
$449,839
Total Expenses
$266,974
Total Assets
$337,319
Net Assets
$337,319
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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
2022
Legal Domicile
WA
Phone
3606065238
Tax Period
2023-01-01 to 2023-12-31

AVELA - A VISION FOR ENGINEERING LITERACY & ACCESS, founded in 2022, is a small nonprofit in the Education sector that reported $450K in total revenue in fiscal year 2023. Revenue surged 157% from the prior year, signaling strong growth momentum. The organization ran a surplus of $183K, a strong 41% operating margin.

Mission

AVELA members teach K-12 students about college, computing, and engineering through classes, workshops, and other forms of community outreach by representing the populations we aim to support.

Program Service Accomplishments

Program 1
Expenses: $136,974 Revenue: $0

The Reboot Representation Grant aimed to support women in AVELA, who constitute 60% - 70% of the organization's STEM instructors. The grant provided $4,000 scholarships to 4 different AVELA student...

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The Reboot Representation Grant aimed to support women in AVELA, who constitute 60% - 70% of the organization's STEM instructors. The grant provided $4,000 scholarships to 4 different AVELA student instructors. This initiative was designed to encourage more women to participate and excel in STEM fields, directly benefiting the female educators involved in AVELA's programs.

Program 2
Expenses: $100,000 Revenue: $0

The AVELA-Amazon partnership funding covered payments to instructors and expenses for hosting the AVELA-Amazon Scholarship Night. It included sessions on scholarship applications, essay writing, and...

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The AVELA-Amazon partnership funding covered payments to instructors and expenses for hosting the AVELA-Amazon Scholarship Night. It included sessions on scholarship applications, essay writing, and breakout sessions,with support through food and prizes to keep attendees engaged and informed about scholarship opportunities.

Program 3
Expenses: $30,000 Revenue: $0

In partnership with the National Urban League's National Day of Science, AVELA received a grant to host a series of STEM workshops. AVELA instructors led lessons on topics like Arcade Games & AI...

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In partnership with the National Urban League's National Day of Science, AVELA received a grant to host a series of STEM workshops. AVELA instructors led lessons on topics like Arcade Games & AI, Website Development, Data Activism, Fun With Sounds & Devices, and User Experience Research & Design. These workshops, held in the four weeks leading up to November 8th, engaged students in hands-on learning, providing both instructional time and office hours for additional support.

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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 (2023)

Revenue Breakdown

Contributions & Grants $449,839
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $449,839

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,259
Fundraising Expenses $0
Program Expenses $266,974
Other Expenses $194,715
TOTAL EXPENSES $266,974

Year-over-Year Comparison

2023 2022 Change
Revenue $449,839 $175,060 +1.6%
Expenses $266,974 $37,606 +6.1%
Net Income $182,865 $137,454 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
N/A
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
2
$48,195
Total Directors
1
$24,064
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vicente Arroyos Vice Chair 35
Officer
$24,300 $0 $24,300
Kyle Johnson Chair and Executive Director 40
Director
$24,064 $0 $24,064
Liban Hussein Vice Chair and Treasurer 20
Officer
$23,895 $0 $23,895
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
2024 No data No data No data No data
2023 $449,839 $266,974 $337,319 $182,865
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