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Inatai Foundation

  • Seattle, WA
  • Tax-exempt since May 2016
  • EIN: 30-0889914

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: Health — General and Rehabilitative / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$116M (2022)

Expenses
$82.5M (2022)

Total Assets
$2.07B (2022)

Total Liabilities
$64.2M (2022)

Source: Form 990 tax filings from 2017 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$115,665,680
Expenses
$82,535,606
Net Income
$33,130,074
Net Assets
$2,004,441,939
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,621,087
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $117,818,602
> 100%
Net Inventory Sales $0
Other Revenue -$4,774,009
Notable Expenses Percent of Total Expenses
Executive Compensation $3,191,471
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $5,765,091
7.0%
Assets/Debt
Total Assets $2,068,686,971
Total Liabilities $64,245,032
Net Assets $2,004,441,939
Compensation
Key Employees and Officers Compensation Related Other
Nichole Maher (President And Ceo) $763,584 $0 $59,151
Peng Wang (Chief Investment Officer (From 12/22)) $711,388 $0 $49,890
Muthu Muthiah (Chief Investment Officer (Thru 6/22)) $558,576 $0 $35,815
Cory Sbarbaro (Executive Vice President) $425,860 $0 $41,401
Dawn Wilson (Investment Operations Director) $408,049 $0 $44,814
Charlotte Zhang (Portfolio Manager) $353,987 $0 $39,943
Steven Cole Schwartz (Vice President Of Grantmaking) $304,577 $0 $40,333
Carmen Berkley (Vice President Of Strategy And Impact) $287,794 $0 $43,385
Brenda Anibarro (Vp Of Learning And Community Engagement) $268,777 $0 $52,039
Carmen Loh (Finance And Administration Director) $178,929 $0 $33,858
Dr Benjamin Danielson (Chair) $37,050 $0 $0
Dr America Bracho Perez (Director) $28,500 $0 $0
Dr David Fleming (Director) $28,500 $0 $0
Peter Van Oppen (Director) $28,500 $0 $0
Melvin Brian Cladoosby (Director) $28,500 $0 $0
Seth Kirby (Vice Chair) $28,500 $0 $0
Katherine Bell (Director) $28,500 $0 $0
Janette Olmstead (Director) $28,500 $0 $0
Susan Byington (Director) $28,500 $0 $0
Luz Vega Marquis (Treasurer) $28,500 $0 $0
Martha Choe (Director) $28,500 $0 $0
Porsche Everson (Director (Thru 3/22)) $14,250 $0 $0
Latisha Hill (Director (Thru 3/22)) $14,250 $0 $0
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Document Links

990
Filed on Nov. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$121,133,621
Expenses
$75,806,325
Net Income
$45,327,296
Net Assets
$2,426,505,716
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $67,650
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $122,144,549
> 100%
Net Inventory Sales $0
Other Revenue -$1,078,578
Notable Expenses Percent of Total Expenses
Executive Compensation $2,520,855
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,625,300
6.1%
Assets/Debt
Total Assets $2,482,585,640
Total Liabilities $56,079,924
Net Assets $2,426,505,716
Compensation
Key Employees and Officers Compensation Related Other
Muthu Muthiah (Chief Investment Officer) $721,135 $0 $38,254
Nichole Maher (President/Ceo) $601,161 $0 $56,148
Peng Wang (Managing Director Of Investments) $529,719 $0 $47,411
Cory Sbarbaro (Executive Vice President) $413,904 $0 $38,687
Steven Cole Schwartz (Vice President Of Programs) $296,158 $0 $37,923
Carmen Berkley (Vice President Of Programs) $261,992 $0 $25,585
Charlotte Zhang (Director Of Investments) $251,305 $0 $39,409
Dawn Wilson (Investment Operations Director) $249,650 $0 $38,855
Carmen Loh (Finance/Administration Director) $178,417 $0 $32,415
Dr Benjamin Danielson (Chair) $37,050 $0 $0
Seth Kirby (Vice Chair) $28,500 $0 $0
Luz Vega Marquis (Treasurer) $28,500 $0 $0
Susan Byington (Director) $28,500 $0 $0
Janette Olmstead (Director) $28,500 $0 $0
Peter Van Oppen (Director) $28,500 $0 $0
Katherine Bell (Director) $28,500 $0 $0
Dr America Bracho Perez (Director) $28,500 $0 $0
Martha Choe (Director) $28,500 $0 $0
Melvin Brian Cladoosby (Director) $28,500 $0 $0
Porsche Everson (Director) $28,500 $0 $0
Dr David Fleming (Director) $28,500 $0 $0
Latisha Hill (Director) $28,500 $0 $0
Juan Carlos Olivares (Director (Thru 12/21)) $28,500 $0 $0
Leo Greenawalt (Director (Thru 3/21)) $7,125 $0 $0
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Document Links

990
Filed on Nov. 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$168,823,478
Expenses
$65,047,550
Net Income
$103,775,928
Net Assets
$2,235,809,220
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $114,530,154
67.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $54,292,104
32.2%
Net Inventory Sales $0
Other Revenue $1,220
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,455,348
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,814,693
4.3%
Assets/Debt
Total Assets $2,267,705,559
Total Liabilities $31,896,339
Net Assets $2,235,809,220

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$382,651,888
Expenses
$24,418,168
Net Income
$358,233,720
Net Assets
$2,014,038,392
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $232,465,457
60.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $150,184,714
39.2%
Net Inventory Sales $0
Other Revenue $1,717
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,535,109
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,961,584
8.0%
Assets/Debt
Total Assets $2,030,161,574
Total Liabilities $16,123,182
Net Assets $2,014,038,392

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$166,538,426
Expenses
$5,413,073
Net Income
$161,125,353
Net Assets
$1,682,306,504
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $95,487,134
57.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $726,113
0.4%
Net Inventory Sales $0
Other Revenue $70,325,179
42.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,219,873
22.5%
Professional Fundraising Fees $0
Other Salaries and Wages $662,938
12.2%
Assets/Debt
Total Assets $1,682,901,796
Total Liabilities $595,292
Net Assets $1,682,306,504
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cory Sbarbaro (President/Ceo (Thru 9/18), Svp) $462,093 $0 $35,074
Christopher Hanak (Acting Cio) $396,941 $0 $39,658
Carmen Loh (Finance/Administration Director) $139,680 $0 $19,719
Nichole Maher (President/Ceo) $114,178 $0 $4,054
Theresa Tamura (Senior Advisor (Thru 7/18)) $112,864 $0 $19,283
Susan Byington (Chair) $37,050 $0 $0
Dr America Bracho Perez (Director) $28,578 $0 $0
Katherine Bell (Director) $28,500 $0 $0
Joseph Boateng (Director) $28,500 $0 $0
Martha Choe (Director) $28,500 $0 $0
Melvin Brian Cladoosby (Director) $28,500 $0 $0
Porsche Everson (Director) $28,500 $0 $0
Dr David Fleming (Director) $28,500 $0 $0
Leo Greenwalt (Director) $28,500 $0 $0
Latisha Hill (Director) $28,500 $0 $0
Seth Kirby (Director) $28,500 $0 $0
Juan Carlos Olivares (Director) $28,500 $0 $0
Luz Vega Marquis (Director) $28,500 $0 $0
Dr Benjamin Danielson (Vice Chair) $28,500 $0 $0
Janette Olmstead (Secretary) $28,500 $0 $0
Peter Van Oppen (Treasurer) $28,500 $0 $0
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Document Links

990
Filed on Oct. 18, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,733,632,205
Expenses
$3,258,860
Net Income
$1,730,373,345
Net Assets
$1,753,047,798
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,348,942
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $302,638
0.0%
Net Inventory Sales $0
Other Revenue $1,723,980,625
99.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $884,571
27.1%
Professional Fundraising Fees $0
Other Salaries and Wages $388,121
11.9%
Assets/Debt
Total Assets $1,753,614,434
Total Liabilities $566,636
Net Assets $1,753,047,798
Compensation
Key Employees and Officers Compensation Related Other
Cory Sbarbaro (Acting President And Ceo) $433,997 $0 $32,681
Christopher Hanak (Acting Chief Investment Officer) $282,560 $0 $35,806
Theresa Tamura (Senior Advisor) $145,947 $0 $17,068
Susan Byington (Chair) $35,288 $0 $0
Porsche Everson (Director) $28,875 $0 $0
Leo Greenwalt (Director) $28,875 $0 $0
Robert Watt (Director (Through 4/17)) $14,625 $0 $0
Katherine Bell (Director) $14,250 $0 $0
Joseph Boateng (Director) $14,250 $0 $0
Dr America Bracho Perez (Director) $14,250 $0 $0
Martha Choe (Director) $14,250 $0 $0
Dr David Fleming (Director) $14,250 $0 $0
Latisha Hill (Director) $14,250 $0 $0
Seth Kirby (Director) $14,250 $0 $0
Juan Carlos Olivares (Director) $14,250 $0 $0
Luz Vega Marquis (Director) $14,250 $0 $0
Dr Benjamin Danielson (Vice Chair) $14,250 $0 $0
Janette Olmstead (Secretary) $14,250 $0 $0
Peter Van Oppen (Treasurer) $14,250 $0 $0
Ruta Fanning (Director (Through 2/17)) $9,400 $0 $0
Melvin Brian Cladoosby (Director) $7,125 $0 $0
Carmen Loh (Finance And Administration Director) $5,500 $0 $59
+ View more people

Document Links

990
Filed on Oct. 5, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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