Public Charity

WASHINGTON STATE MICROENTERPRISE ASSOCIATION

WASHINGTON STATE MICROENTERPRISE ASSOCIATION is a Public Charity headquartered in OLYMPIA, WA. Financial data from the 2024 filing: $5.0M revenue, $2.7M expenses, $3.3M total assets. 1 publicly reported grants to this organization, totaling roughly $10K, appear in IRS filings.

EIN: 300434103 OLYMPIA, WA Small Business Development NTEE: S43 Latest filing: 2024
Total Revenue$5.0M
Total Expenses$2.7M
Total Assets$3.3M
Grant Records1
Funding Total$10K
Filing Years2019–2024

Mission

OUR MISSION IS TO STRENGTHEN ECONOMIC DEVELOPMENT SYSTEMS THAT SUPPORT THE GROWTH OF STRONG AND EFFECTIVE MICROENTERPRISE DEVELOPMENT ORGANIZATIONS. WE DO THIS THROUGH: BUILDING A COALITION OF ORGANIZATIONS, AGENCIES AND INDIVIDUALS DEDICATED TO MICROENTERPRISE DEVELOPMENT; PROVIDING LEADERSHIP TO THE VOICE OF MICROENTERPRISE PRACTITIONERS; PROMOTING MICROENTERPRISE AS A VIABLE ECONOMIC DEVELOPMENT TOOL; SUPPORTING THE CAPASITY OF MICROENTERPRISE SUPPORT ORGANIZATIONS IN PROVIDING; SELF-EMPLOYMENT EDUCATION AND ASSISTANCE, ACCESS TO CAPITAL AND MICRO-LENDING, BUSINESS CREATION AND EXPANSION SUPPORT, JOB CREATION, ECONOMIC SEL-SUFFICIENCY AND FINANCIAL EDUCATION.

Where $100 goes at Washington State Microenterprise Association

How Washington State Microenterprise Association divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
Wsma provides capacity building, networking and grants to microenterprise development organizations (mdos) that support businesses with five or fewer employees throughout wa state
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

ALLIANCE 2005
2024
PROVIDE TRAINING AND TECHNICAL ASSISTANCE AND INFORMATION ABOUT FINANCING TO MICROBUSINESSES.
$9,809

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

BOARD MEMBER David Gilbreath
BOARD MEMBER Kwadwa Boateng
EXECUTIVE DI Lisa Smith
TREASURER Mitchell Acosta
PRESIDENT Sharonda Amamilo

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,809 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $5.0M $2.7M $3.3M
2023 $3.8M $2.8M $1.0M
2022 $821K $810K $30K
2020 $252K $271K $14K
2019 $231K $252K $22K

Between 2019 and 2024, reported annual revenue grew from $231K to $5.0M (+2074%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

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