2025-05-14T14:13:05-05:00 2024-06-30 910189318 MOSS ADAMS LLP 999 THIRD AVENUE SUITE 2800 SEATTLE WA 98104 990 2023-07-01 910575955 CHILDRENS HOME SOCIETY OF WASHINGTON CHIL 2066953200 12360 LAKE CITY WAY NE 100 SEATTLE WA 98125 DAVE NEWELL PRESIDENT & CEO 2066953200 2025-05-14 1 1 EMINA O CRESSWELL CPA P01217304 2063026500 2025-05-14 2023 2025-03-06 01:10:19Z AKIN DAVE NEWELL 12360 LAKE CITY WAY NE 100 SEATTLE WA 98125 87199970 0 X WWW.AKINFAMILY.ORG X 1896 WA AKIN'S VISION IS A WORLD WHERE ALL CHILDREN THRIVE. X 26 25 412 736 -18183 0 7929534 56089000 28124574 30092425 78287 449831 182165 -534203 36314560 86097053 816213 28202775 0 0 22909009 29487393 0 0 1596910 10245606 12146758 33970828 69836926 2343732 16260127 30191268 55625494 12633873 18690446 17557395 36935048 X THE MISSION OF AKIN IS TO DEVELOP HEALTHY CHILDREN, CREATE STRONG FAMILIES, BUILD ENGAGED COMMUNITIES, AND SPEAK AND ADVOCATE FOR CHILDREN. 0 0 27682330 10556517 14445156 EARLY CHILDHOOD EDUCATION: THE FIRST FIVE YEARS OF A CHILD'S LIFE ARE THE MOST IMPORTANT FOR BRAIN DEVELOPMENT, ESPECIALLY FOR AT-RISK CHILDREN. OUR EARLY LEARNING PROGRAMS PROMOTE THE HEALTHY GROWTH AND DEVELOPMENT OF YOUNG CHILDREN. WE ALSO SUPPORT FAMILIES WITH INFORMATION AND RESOURCES SO THEY CAN GIVE THEIR CHILDREN THE BEST POSSIBLE START IN LIFE. 16058080 390533 10072131 CHILD AND FAMILY COUNSELING: THE GOAL OF COUNSELING IS TO DEVELOP AND MAINTAIN HEALTHY FAMILY RELATIONSHIPS. PROFESSIONAL COUNSELORS HELP CHILDREN AND PARENTS COMMUNICATE EFFECTIVELY, MANAGE STRESS, IDENTIFY AND ADDRESS PROBLEMS, AND FIND SOLUTIONS THAT STRENGTHEN THE WHOLE FAMILY. 10478447 17045179 2530902 FAMILY SUPPORT AND EDUCATION: WE ALL NEED HELP RAISING CHILDREN. THIS IS ESPECIALLY TRUE FOR FAMILIES ISOLATED BY WORK DEMANDS, LANGUAGE OR CULTURAL BARRIERS, POVERTY, OR LACK OF A SUPPORT NETWORK. TO GIVE CHILDREN THE BEST POSSIBLE START IN LIFE, WE OFFER MANY SERVICES TO HELP THE WHOLE FAMILY SUCCEED. OUR FAMILY SUPPORT PROGRAMS GIVE FAMILIES NEW SKILLS AND EDUCATION TO HELP THEM RAISE HEALTHY CHILDREN WHO ARE SUCCESSFUL IN SCHOOL AND LIFE. ELEVEN PARENT INFORMATION AND RESOURCE CENTERS PROVIDED PARENTING SUPPORT AND EDUCATION, FAMILY ACTIVITIES, AND CONNECTIONS TO CRITICAL COMMUNITY RESOURCES AND TO THE BROADER PARENTING COMMUNITIES. 3427740 210547 3044236 POLICY AND INNOVATION: AKIN HAS BEEN A LONG-STANDING VOICE FOR CHILDREN AND FAMILIES SINCE ITS FOUNDING IN 1869. WE INFORM LOCAL AND NATIONAL POLICY MAKERS OF SPECIFIC ISSUES AND THE URGENT NEED TO IMPROVE THE WELFARE OF OUR STATES MOST VULNERABLE CITIZENS. OUR ADVOCACY EFFORTS HAVE RESULTED IN NEWFUNDING AND POLICIES THAT SUPPORT THE HEALTHY DEVELOPMENT OF CHILDREN AND THEIR FAMILIES. AS CHAMPIONS FOR CHILDREN, WE ARE WORKING TO ENSURE THAT EVERY CHILD THRIVES AND EVERY FAMILY SUCCEEDS IN WASHINGTON. 3427740 210547 3044236 57646597 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 1 87 0 1 412 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WA X ELLIE YOUNG 2066953200 12360 LAKE CITY WAY NE STE 100 SEATTLE WA 98125 MACDONALD ANDY CHAIR 4.00 0.00 X X 0 0 0 MURDOCK GAYLE VICE CHAIR 4.00 0.00 X X 0 0 0 COFFEY SHERILEE SECRETARY 4.00 0.00 X X 0 0 0 GUNTER LAKEISHA TREASURER (AS OF 12/2023) 4.00 0.00 X X 0 0 0 ROBERT RACHEL TREASURER (THROUGH 12/2023) 4.00 2.00 X X 0 0 0 AHMED ABDI TRUSTEE 4.00 0.00 X 0 0 0 AMBREY TOM TRUSTEE 4.00 0.00 X 0 0 0 BERARDO MARIA TRUSTEE 4.00 0.00 X 0 0 0 CARUNCHO-SIMPSON GENEVIEVE TRUSTEE 4.00 0.00 X 0 0 0 COOK NANCY TRUSTEE 4.00 0.00 X 0 0 0 DAVISON DARAN TRUSTEE 4.00 0.00 X 0 0 0 HARRIS MARIAN TRUSTEE 4.00 0.00 X 0 0 0 HUBBARD QUENTIN TRUSTEE 4.00 2.00 X 0 0 0 JIRSA BARBARA TRUSTEE 4.00 0.00 X 0 0 0 KASEGUMA ROD TRUSTEE 4.00 0.00 X 0 0 0 KERN SHAYLA TRUSTEE 4.00 0.00 X 0 0 0 KOEGEN ROY TRUSTEE 4.00 2.00 X 0 0 0 LIRHUS ALBERT TRUSTEE 4.00 0.00 X 0 0 0 MERLINO DAN TRUSTEE 4.00 0.00 X 0 0 0 MOSBY JOHN TRUSTEE 4.00 0.00 X 0 0 0 NEWELL DAVE PRESIDENT & CEO 40.00 5.00 X X 338065 0 50955 OLDFIELD TOM TRUSTEE 4.00 0.00 X 0 0 0 PURCE DEBORAH TRUSTEE 4.00 0.00 X 0 0 0 SMALL BEN TRUSTEE 4.00 0.00 X 0 0 0 SOROM GALEN TRUSTEE 4.00 0.00 X 0 0 0 SMITH DANIEL TRUSTEE 4.00 2.00 X 0 0 0 WALSH TIM TRUSTEE 4.00 0.00 X 0 0 0 TORRES MARLENA SENIOR VP OF FINANCE 40.00 5.00 X 223789 0 29732 LOCKHART JANICA SENIOR VP OF STRATEGY & IMPACT 40.00 0.00 X 217610 0 33169 ALSPAUGH DAWN TRANSFOMATION CONSULTANT 40.00 0.00 X 201883 0 19777 BEISHEIM SUE VP OF HUMAN RESOURCES 40.00 0.00 X 203306 0 24366 TUCKER ANDREW VP OF BEHAVIORAL HEALTH 40.00 0.00 X 167561 0 29339 ANDERSON MEAGAN VP OF EARLY LEARNING 40.00 0.00 X 172644 0 29149 1524858 0 216487 32 0 1 0 JTM CONSTRUCTION 5900 AIRPORT WAY S STE 110 SEATTLE WA 98108 CONSTRUCTION 2822329 AGILIANT PO BOX 1866 BOTHELL WA 98041 IT SUPPORT 1016248 RAFN COMPANY 1721 132ND AVE NE BELLEVUE WA 98005 CONSTRUCTION 764493 PARKVIEW EARLY LEARNING CENTER 5122 N DIVISION ST SPOKANE WA 98207 DAY CARE/PRESCHOOL 441193 ENVIRONMENT WORKS INC 402 1TH AVE E SEATTLE WA 98122 CONSTRUCTION 355488 12 2213162 4366171 49509667 44621834 56089000 EARLY CHILDHOOD EDUCAT 611710 14445156 14445156 CHILD & FAMILY COUNSEL 541511 10072131 10072131 POLICY & INNOVATION 624100 3044236 3044236 FAMILY SUPPORT 621400 2530902 2530902 30092425 449831 449831 344178 1102917 -758739 -758739 -18183 -740556 TRUSTS INCOME 900001 202730 202730 ENDOWMENT REVENUE 900001 21806 21806 224536 86097053 30092425 -18183 -66189 27651556 27651556 551219 551219 601061 601061 22462969 17037500 4437143 988326 673015 511125 131940 29950 3585486 2796076 662971 126439 2164862 1644118 424406 96338 518993 518993 104700 104700 24025 24025 4401188 3584258 651973 164957 204540 25855 141856 36829 913369 405602 483541 24226 1886561 893150 912206 81205 2041721 1232192 790899 18630 426078 281208 127253 17617 176085 124775 50821 489 707034 307223 396686 3125 353112 296577 50725 5810 IN-KIND DONATIONS 199867 198251 1616 DUES AND SUBSCRIPTIONS 183485 105912 76220 1353 UBI TAXES 6000 6000 69836926 57646597 10593419 1596910 2608347 6670977 285042 2280934 3925552 5466987 342807 689582 1086378 43712457 10099916 16402416 33612541 5937522 6507677 30191268 55625494 4213009 6531146 29602 186514 7500000 7500000 891262 4472786 12633873 18690446 X 10781760 26044666 6775635 10890382 17557395 36935048 30191268 55625494 X 16260127 3117526 X 0 1 X 1 1 1 X 4745120 4431585 7750030 7929534 56089000 80945269 23906174 24885879 25475250 28124574 30092425 132484302 28651294 29317464 33225280 36054108 86181425 213429571 4136477 4142583 4174072 5608365 3446121 21507618 0 4136477 4142583 4174072 5608365 3446121 21507618 191921953 30273 23195 140355 252999 603756 1050578 30273 23195 140355 252999 603756 1050578 255354 102194 0 357548 3057 15000 29360 224536 271953 28684624 29355659 33620989 36438661 87009717 215109650 0.89220 0.85010 0.00490 0.00310 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: REIMBURSEMENTS/REFUNDS - 2019 AMOUNT: $ 481. 2022 AMOUNT: $ 24,416. SERVICE FEES - 2019 AMOUNT: $ 2,576. 2020 AMOUNT: $ 15,000. 2022 AMOUNT: $ 850. CLASS ACTION PAYMENT - 2022 AMOUNT: $ 3,127. MISCELLANEOUS INCOME - 2022 AMOUNT: $ 967. 2023 AMOUNT: $ 224,536. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14656708 35111536 1925568 5150180 46543632 16494323 8722 1622420 3468757 14656708 18964242 8722 -2416170 62471 16494323 14575791 4599168 210717 18964242 14543490 90771 9286 67756 14575791 0.86000 0.12000 0.02000 0 1 1 11553179 11553179 16364286 5654420 10709866 824731 506491 318240 5007027 3939005 1068022 9963234 9963234 33612541 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 5988801 OPERATING LEASE RIGHT-OF-USE ASSET 478687 PROPERTY HELD FOR SALE 40189 6507677 OPERATING LEASE LIABILITY 487354 INTERCOMPANY PAYABLE 3985432 4472786 X PART V, LINE 4: ENDOWNMENT FUNDS WITH BOARD AUTHORIZATION ARE USED FOR THE CONDITIONS INDICATED BY FUNDERS, OTHERWISE THEY ARE USED FOR OPERATING AND CAPITAL PURPOSES TO BENEFIT CHILDRENS HOME SOCIETY OF WASHINGTON (CHSW), THE SUPPORTED ORGANIZATION OF CHILDRENS HOME SOCIETY AND TRUST FOUNDATION (CHSTF). PART X, LINE 2: BOTH AKIN AND AKIN FOUNDATION (THE ORGANIZATIONS') ARE NOT SUBJECT TO INCOME TAX, AS THEY ARE TAX-EXEMPT ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT RELATED TO AKIN AND AKIN FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATIONS RECOGNIZE THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATIONS RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSES. THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2024. NO INTEREST OR PENALTIES WERE ACCRUED FOR THE YEAR ENDED JUNE 30, 2024. INCOME TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY ARE FILED. CHSW LLC IS A DISREGARDED ENTITY FOR TAX PURPOSES. 1 CHILDREN'S HOME SOCIETY AND TRUST FOUNDATION DBA AKIN FOUNDATION 12360 LAKE CITY WAY NE 100 SEATTLE WA 98125 432032452 501(C)(3) 27651556 0 GENERAL SUPPORT 1 0 FOSTER PARENT AND PARENT ASSISTANCE 562 141780 FOOD ASSISTANCE 562 140852 EMERGENCY ASSISTANCE 145 101290 DIAPERING SUPPLIES 160 42508 SUPPLIES AND CLOTHING ASSISTANCE 336 38908 MISCELLANEOUS ASSISTANCE 36 29753 UTILITIES ASSISTANCE 41 28190 CHILDCARE ASSISTANCE 8 11045 TRANSPORTATION ASSISTANCE 102 7341 EDUCATION ASSISTANCE 10 5296 RESPITE 9 4255 PART I, LINE 2: GRANT FUNDS ARE MANAGED IN ACCORDANCE WITH GRANT REQUIREMENTS INDICATED IN THE GRANT CONTRACTS AND ARE MONITORED AND REPORTED ON A REGULAR BASIS. X X X 0 0 0 0 0 0 0 1 0 NEWELL DAVE PRESIDENT & CEO 338065 0 0 0 0 0 10284 0 40671 0 389020 0 0 0 TORRES MARLENA SENIOR VP OF FINANCE 223789 0 0 0 0 0 7032 0 22700 0 253521 0 0 0 LOCKHART JANICA SENIOR VP OF STRATEGY & IMPACT 217610 0 0 0 0 0 6613 0 26556 0 250779 0 0 0 BEISHEIM SUE VP OF HUMAN RESOURCES 203306 0 0 0 0 0 6119 0 18247 0 227672 0 0 0 ALSPAUGH DAWN TRANSFOMATION CONSULTANT 179265 0 22618 0 0 0 6224 0 13553 0 221660 0 0 0 ANDERSON MEAGAN VP OF EARLY LEARNING 172644 0 0 0 0 0 5309 0 23840 0 201793 0 0 0 TUCKER ANDREW VP OF BEHAVIORAL HEALTH 167561 0 0 0 0 0 5311 0 24028 0 196900 0 0 0 PART I, LINE 7 TRANSFORMATION CONSULTANT RECEIVED BONUS COMPENSATION OF $22,618 FOR SUCCESSFUL COMPLETION OF THE ORGANIZATION'S IT INTEGRATION PROJECT. THE BONUS WAS REVIEWED AND APPROVED BY THE CEO. X 3 126284 FAIR MARKET VALUE X MERGED ASSETS 1 44436145 FAIR MARKET VALUE X PRGM SUPPLIES 5 59405 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): COLUMN (B) IS NUMBER OF CONTRIBUTIONS. INVESTMENTS 2024-06-30 27651556 FMV 432032452 CHILDREN'S HOME SOCIETY AND TRUST FOUNDATION DBA AKIN FOUNDATION 12360 LAKE CITY WAY NE STE 100 SEATTLE WA 98125 501(C)(3) 0 0 0 0 PART II, LINE 1(F): CHILDREN'S HOME SOCIETY AND TRUST FOUNDATION DBA AKIN FOUNDATION FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN EXTERNAL CPA. MANAGEMENT REVIEWS AND PRESENTS A FULL COPY TO THE BOARD'S FINANCE COMMITTEE FOR ACCEPTANCE PRIOR TO FILING WITH THE IRS. A COPY IS MADE AVAILABLE TO ALL BOARD MEMBERS AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE COVERED BY THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO SIGN THE POLICY TO ACKNOWLEDGE THEY HAVE READ AND UNDERSTAND ITS RESTRICTIONS AND TO DISCLOSE POTENTIAL CONFLICTS. REVIEW OF CONFLICTS AND DETERMINATION OF WHETHER A CONFLICT EXISTS AND/OR POLICY DEVIATIONS ARE MONITORED AND ENFORCED BY COMPANY MANAGEMENT AND THE BOARD OF TRUSTEES. IF A CONFLICT DOES ARISE, THE BOARD MEMBER DOES NOT PARTICIPATE IN ANY VOTE OR ACTION TAKEN WITH RESPECT TO SUCH TRANSACTION OR SERVICES. FORM 990, PART VI, SECTION B, LINE 15 PERIODIC SALARY REVIEWS ARE UNDERTAKEN AND RECOMMENDATIONS ARE MADE BY THE HUMAN RESOURCES DEPARTMENT TO THE CEO AND STRATEGIC OVERSIGHT TEAM, WHO IN TURN APPROVES OR DENIES THE RECOMMENDATIONS. CEO COMPENSATION IS REVIEWED AND APPROVED ON A REGULAR BASIS BY THE BOARD'S EXECUTIVE COMMITTEE AND IS PART OF THE OVERSIGHT BY THE BOARD OF THE CEO. COMPARABILITY DATA IS ALSO USED TO SET COMPENSATION. THE LAST COMPENSATION REVIEW WAS COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE FILED WITH THE FEDERAL CLEARING HOUSE. CONFLICT OF INTEREST POLICIES ARE MADE AVAILABLE UPON REQUEST AFTER REVIEW BY APPROPRIATE PERSONNEL. GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 700,230. ENDOWMENT TRANSFER 2,791,052. INTERCOMPANY TRANSFERS -373,756. CHSW HOLDING NORTHWEST LLC 12360 LAKE CITY WAY NE STE 100 SEATTLE WA 98125 873660666 FACILITIES MANAGEMENT WA 548940 9297731 CHILDRENS HOME SOCIETY OF WASHINGTON CHILDREN'S HOME SOCIETY AND TRUST FOUNDATION DBA AKIN FOUNDATION 12360 LAKE CITY WAY NE STE 100 SEATTLE WA 98125 432032452 ASSET MANAGEMENT WA 501(C)(3) LINE 12A, I CHILDRENS HOME SOCIETY OF WASHINGTON 1 CHARITABLE REMAINDER TRUST (3) 12360 LAKE CITY WAY NE STE 100 SEATTLE WA 98125 INVESTMENT MANAGEMENT WA N/A T 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CHILDREN'S HOME SOCIETY AND TRUST FOUNDATION DBA AKIN FOUNDATION B 27651556 CASH CHILDREN'S HOME SOCIETY AND TRUST FOUNDATION DBA AKIN FOUNDATION C 2213162 CASH