WA Alliance for Innovation and Independent Work

EIN: 921194112 Community Improvement

Tacoma, WA

Total Revenue
$1,003,000
Total Expenses
$603,637
Total Assets
$400,059
Net Assets
$-349,941
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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
Principal Officer
Erin Lama
Phone
4159032800
Tax Period
2025-01-01 to 2025-12-31

WA Alliance for Innovation and Independent Work, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $1.0M in total revenue in fiscal year 2025. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $399K, a strong 40% operating margin.

Mission

The purpose of this Corporation is to promote through research, coalition building and public outreach, the common good and social welfare of the people by educating the public and advocating to strengthen and support advancements in the new workplace and provide equitable opportunity for workers and businesses the benefit Washingtons workforce, small businesses and communities.

Program Service Accomplishments

Program 1
Expenses: $514,700 Revenue: $1,003,000

The purpose of this Corporation is to promote through research, coalition building and public outreach, the common good and social welfare of the people by educating the public and advocating to...

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The purpose of this Corporation is to promote through research, coalition building and public outreach, the common good and social welfare of the people by educating the public and advocating to strengthen and support advancements in the new workplace and provide equitable opportunity for workers and businesses that benefit Washingtons workforce, small businesses and communities.

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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 $1,003,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,003,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $514,700
Other Expenses $603,637
TOTAL EXPENSES $603,637

Year-over-Year Comparison

2025 2024 Change
Revenue $1,003,000 $750,000 +0.3%
Expenses $603,637 $1,352,772 -0.6%
Net Income $399,363 $-602,772 -1.7%
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
4
Independent Members
4
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kierra Phifer President/Director 1.00
Officer Director
$0 $0 $0
Rose Gundersen Director 1.00
Director
$0 $0 $0
Colin Hastings Director/Secretary 1.00
Officer Director
$0 $0 $0
Marcos Wanless Director 1.00
Director
$0 $0 $0
Erin Lama Treasurer 1.00
Officer
$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 $1,003,000 $603,637 $400,059 $399,363
2024 No data No data No data No data
2023 $446,543 $593,075 $603,468 $-146,532
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