REFUGEE ARTISAN INITIATIVE

SEATTLE, WA, 98125-5401 (425) 477-9075 Est. 2017 EIN 82-0961407

S20 - Community & Neighborhood Development 990 - Public charity return 501(c)(3)

Mission

RAI partners with refugee and immigrant women to foster an inclusive, prosperous transition to the US through artisan skills training and micro business development.

Financials

Total Revenue

$1,424,228

Total Expenses

$1,243,384

Net Assets

$1,457,106

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

14.1 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 30.1%

Expenses ↑ 15.6%

Revenue Sources

Contributions 91.6% Investment 0.1% Other 8.0%

Expense Breakdown

Program 72.4% Management 18.4% Fundraising 9.3%

Officers & Key Employees (12)

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Grants Received (67)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$1,424,228 ↑	$1,243,384	$1,457,106
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$1,100,599 ↑	$1,053,094	$1,209,523
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$1,094,632 ↓	$1,075,343	$1,181,307
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$1,578,459 ↑	$705,931	$1,162,018
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$451,910	$201,652	$295,504