Economic Opportunity Institute

EIN: 911999302 501(c)(3) Community Improvement

Seattle, WA

Total Revenue
$1,665,730
Total Expenses
$1,415,100
Total Assets
$11,901,535
Net Assets
$11,244,748
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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
1998
Legal Domicile
WA
Principal Officer
Rian Watt
Phone
2066336580
Tax Period
2023-07-01 to 2024-06-30

Economic Opportunity Institute, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $251K, a strong 15% operating margin.

Mission

EOI works to make Washington state a national model of economic opportunity with an economy that truly works for everyone.

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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 $478,165
Program Service Revenue $0
Investment Income $1,186,562
Other Revenue $1,003
TOTAL REVENUE $1,665,730

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,123,295
Fundraising Expenses $304,294
Program Expenses $870,987
Other Expenses $291,805
TOTAL EXPENSES $1,415,100

Year-over-Year Comparison

2023 2022 Change
Revenue $1,665,730 $2,381,313 -0.3%
Expenses $1,415,100 $1,611,273 -0.1%
Net Income $250,630 $770,040 -0.7%
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
11
Independent Members
11
Employees
11
Volunteers
13

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
$21,725
Total Directors
11
$0
Key Employees
3
$399,334
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Tamayo President 2.00
Officer Director
$0 $0 $0
Mary Curry Secretary 2.00
Officer Director
$0 $0 $0
Stan Sorscher Treasurer 2.00
Officer Director
$0 $0 $0
Dawn Trudeau Board Member 1.00
Director
$0 $0 $0
Matt Loschen Board Member 1.00
Director
$0 $0 $0
April Berg Board Member 1.00
Director
$0 $0 $0
Joe Kendo Board Member 1.00
Director
$0 $0 $0
Elizabeth Lindquist Board Member 1.00
Director
$0 $0 $0
Tammy Morales Board Member 1.00
Director
$0 $0 $0
Shemona Moreno Board Member 1.00
Director
$0 $0 $0
Katharine Weiss Board Member 1.00
Director
$0 $0 $0
Rian Watt Executive Director (April-Jun) 40.00
Officer
$21,725 $0 $21,725
Aaron Keating Managing Director 40.00
Key Emp
$122,312 $12,231 $134,543
Gabriela Quintana Senior Policy Associate 40.00
Key Emp
$115,964 $11,596 $127,560
Traci Underwood Policy Director 40.00
Key Emp
$124,756 $12,475 $137,231
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 No data No data No data No data
2024 $1,665,730 $1,415,100 $11,901,535 $250,630
2023 $2,381,313 $1,611,273 $11,397,394 $770,040
2021 $1,181,497 $1,429,615 $9,868,334 $-248,118
2020 $1,722,806 $1,053,123 $9,103,676 $669,683
2019 $2,199,183 $1,104,471 $7,472,464 $1,094,712
2018 $5,736,684 $1,006,966 $5,746,551 $4,729,718
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