Futuresnw
- Assets
- $83.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belingham, WA
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 27-2997677
Organization Overview
Futuresnw is located in Belingham, WA. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Futuresnw 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 12/2021, Futuresnw generated $123.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $146.3k during the year ending 12/2021. While expenses have increased by 12.5% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MENTORING: OUR COACHES WORK WITH LOW-INCOME, FIRST-GENERATION SECONDARY STUDENTS TO ENCOURAGE THEM TO PLAN FOR SUCCESS AFTER HIGH SCHOOL GRADUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Korsmo Board President | 2 | $0 | |
Grace Jones Board Vice President | 2 | $0 | |
Nicole Torres Board Secretary | 2 | $0 | |
Carmen Green Board Member | 1 | $0 | |
Wing Fok Board Member | 1 | $0 | |
Freddy Collins Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,537 |
| Total Program Service Revenue | $45,366 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,903 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $127,160 |
| Professional fees and other payments to independent contractors | $3,426 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $450 |
| Other expenses | $15,225 |
| Total expenses | $146,261 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,421 |
| Other assets | $0 |
| Total assets | $83,093 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,093 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Futuresnw has recieved totaling $73,000.
| Awarding Organization | Amount |
|---|---|
United Way Of Whatcom County Bellingham, WA PURPOSE: HEALTH & WELFARE | $25,000 |
Whatcom Community Foundation Bellingham, WA PURPOSE: GENERAL GRANT ASSISTANCE | $20,000 |
Whatcom Educational Credit Union Bellingham, WA PURPOSE: EDUCATION GRANT | $15,000 |
Schools Out Washington Seattle, WA PURPOSE: Washington Youth Development Nonprofit Relief Fund | $13,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Code Org Seattle, WA | $56,417,809 | $32,287,151 |
Washington Stem Center Seattle, WA | $144,962,083 | $51,456,581 |
Club For The Future Kent, WA | $9,001,115 | $28,277,868 |
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
Cook Inlet Native Head Start Anchorage, AK | $12,985,374 | $6,716,000 |
Medina Foundation Seattle, WA | $101,561,812 | $2,836,899 |
Rainier Scholars Seattle, WA | $11,460,541 | $8,396,083 |
Salmon Public School Foundation Inc Salmon, ID | $1,849,221 | $774,057 |
People Sustaining Kings Valley Philomath, OR | $523,239 | $3,683,416 |
Idaho Virtual Education Partners Incorporated Star, ID | $2,036,199 | $3,090,250 |
Abiqua School Foundation Salem, OR | $1,742,920 | $3,255,719 |
Degrees Of Change Tacoma, WA | $2,092,589 | $1,696,414 |