Compensation 990

Innovate Washington Foundation

Fiscal year ending 2024. Filed on October 30, 2025.

518 W Riverside 203
Spokane, Washington 99201

Innovate Washington Foundation (EIN: 91-1726442), also known as Ignite Northwest, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Innovate Washington Foundation, a 501(c)(3) charitable organization, reported compensation for 2 out of 2 total employees. Among the employees shown here, the average compensation is $165,648. The highest compensated employee at Innovate Washington Foundation is Thomas Simpson with fiscal year 2024 compensation of $168,583. Innovate Washington Foundation changed its name from Innovate Washington Foundation Dba Ignite Northwest in 2021.

Revenue, expenses, and employee compensation

Revenue

$944,051

Expenses

$1,079,172

Employee compensation

$397,216
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Non-Employee Board Members

Richard Denenny
Chair
Richard Repp
Director
Shelly Colomb
Director
Skye Henderson
Secretary
Tyler Lafferty
Director

Mission Statement

INNOVATE WASHINGTON FOUNDATION COLLABORATES, CONVENES AND CONNECTS INNOVATORS AND RESEARCHERS WITH ENTREPRENEURIAL AND FINANCIAL CAPITAL NEEDS TO PRODUCE WORLD-CLASS COMPANIES AND HIGH-VALUE JOBS THAT WILL FORM THE BACKBONE OF THE REGION'S FUTURE ECONOMY.

Revisions to this organization profile

October 30, 2025:
2024 Innovate Washington Foundation 990 filed
October 10, 2024:
2023 Innovate Washington Foundation 990 filed
September 11, 2023:
2022 Innovate Washington Foundation 990 filed

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