Kay Tita
- Assets
- $121.7k
- Revenue
- $271.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 81-1500891
Organization Overview
Kay Tita is located in Seattle, WA. The organization was established in 2016. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kay Tita is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Kay Tita generated $271.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $214.8k during the year ending 12/2022. While expenses have increased by 19.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
KAY TITA IS AN INTEGRITY-DRIVEN SOCIAL ENTERPRISE THAT IS DEDICATED TO CONNECTING RESOURCES, ACCESS, AND OPPORTUNITIES TO FUEL THE DREAMS AND ASPIRATIONS OF HISTORICALLY UNDER-RESOURCED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN PARTNERSHIP WITH THE CITY OF SEATTLE OFFICE OF ECONOMIC DEVELOPMENT, & COMCAST WE FACILITATED THE DIGITAL SALES ACCESS PROGRAM (DSAP) SUMMIT BRIDGING THE DIGITAL DIVIDE THAT IMPACTS IMMIGRANT AND MINORITY-OWNED SMALL BUSINESSES, PARTICULARLY THOSE OPERATING AS CASH-ONLY OR THOSE IN NEED OF FINANCIAL MANAGEMENT TOOLS. WE AIM TO HELP SEATTLE-BASED BUSINESS OWNERS GROW THEIR BUSINESSES THROUGH INCREASED E-COMMERCE CAPACITY, SOCIAL MEDIA MARKETING, IMPROVED DIGITAL LITERACY, GREATER FINANCIAL AWARENESS, AND A CONNECTION TO A RELIABLE COMMUNITY. OUR RESOURCES PROVIDED DIGITAL EQUITY RESOURCES TO 60 MICRO-ENTERPRISES (ASIAN - 10, NATIVE AMERICAN - 5, AFRICAN AMERICAN - 35, HISPANIC - 10), NAICS - 71 - 10, NAICS 44-45 - 21, NAICS - 72 - 13, NAICS - 81 - 13, NAICS 71 - 2, NAICS 62 - 1
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Pierre-Louis Executive Dir. | Trustee | 40 | $51,990 |
Amon Johnson Secretary | Trustee | 2.5 | $0 |
Viren Kamdar Treasurer | Trustee | 2 | $0 |
Bart Mervil Trustee | Trustee | 5 | $0 |
David Harris Trustee | Trustee | 1 | $0 |
Ikemefuna Udeze Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,234 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,679 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $238,913 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $32,799 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $271,712 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $51,990 |
| Compensation of current officers, directors, key employees. | $12,998 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,790 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,308 |
| Advertising and promotion | $3,003 |
| Office expenses | $2,819 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $73 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $558 |
| All other expenses | $34,774 |
| Total functional expenses | $214,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,566 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $838 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $707 |
| Inventories for sale or use | $5,969 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,601 |
| Total assets | $121,681 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $727 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $6,835 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $35,584 |
| Total liabilities | $43,146 |
| Net assets without donor restrictions | $78,535 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $121,681 |