Institute For Washingtons Future
- Assets
- $766.5k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Bellingham, WA
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 91-0931421
Organization Overview
Institute For Washingtons Future is located in Bellingham, WA. The organization was established in 1994. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Institute For Washingtons Future employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Washingtons Future 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, Institute For Washingtons Future generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 29.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUSTAINABLE COMMUNITY DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL ASSISTANCE TO TWO COMMUNITY ORGANIZATIONS WORKING ON ECONOMIC DEVELOPMENT PROJECTS INCLUDING GRANT WRITING AND ADMINISTRATION, FISCAL SPONSORSHIP, AND CONSULTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Hopps Treasurer | Officer | 40 | $46,600 |
Rosalinda Guillen President | Officer | 5 | $0 |
Iris Carias Secretary | Officer | 2 | $0 |
Patrick Hopps Director | Trustee | 2 | $0 |
Jesse Nelson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $35,038 |
| Government grants | $301,006 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $336,044 |
| Total Program Service Revenue | $967,015 |
| Investment income | $360 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,303,419 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $731,367 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $170,142 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,384 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,189 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,050 |
| Advertising and promotion | $0 |
| Office expenses | $7,665 |
| Information technology | $1,454 |
| Royalties | $0 |
| Occupancy | $50,153 |
| Travel | $0 |
| 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 | $369 |
| All other expenses | $0 |
| Total functional expenses | $1,025,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $455,956 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $40,000 |
| Accounts receivable, net | $540 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| 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 | $270,010 |
| Total assets | $766,506 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,409 |
| Total liabilities | $4,409 |
| Net assets without donor restrictions | $762,097 |
| 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 | $766,506 |
Grants Awarded
Over the last fiscal year, Institute For Washingtons Future has awarded $730,367 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY TO COMMUNITY DEVELOPMENT PURPOSE: OPERATIONS FOR EXEMPT PROJECTS | $707,000 |
TIERRA Y LIBERTAD PURPOSE: PEER MENTORSHIP IN AGROECOLOGY | $23,367 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Institute For Washingtons Future has recieved totaling $745,943.
| Awarding Organization | Amount |
|---|---|
Windward Fund Washington, DC PURPOSE: ENVIRONMENTAL PROGRAMS | $180,000 |
The Seattle Foundation Seattle, WA PURPOSE: COMMUNITY TO COMMUNITY DEVELOPMENT; COMMUNITY TO COMMUNITY'S VACCINATION EFFORTS; 2021 TRANSIT INVESTMENT | $146,500 |
Whatcom Community Foundation Bellingham, WA PURPOSE: WHATCOM FLOOD RELIEF FROM NOV 15, 2021 DISASTER | $91,913 |
Stolte Family Foundation Seattle, WA PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $50,000 |
Whyhunger Inc New York, NY PURPOSE: FIGHT HUNGER | $50,000 |
Stolte Family Foundation Seattle, WA PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meals On Wheels People Inc Portland, OR | $42,017,296 | $20,790,063 |
Urban Gleaners Portland, OR | $1,835,186 | $7,054,041 |
Gleaners Of Clackamas County Incorporated Oregon City, OR | $819,886 | $6,287,865 |
Columbia Gorge Helping Hands Food Salvage Corbett, OR | $237,278 | $3,147,963 |
Miracle Food Network Inc Ferndale, WA | $132,443 | $2,845,649 |
Downtown Soup Kitchen Anchorage, AK | $3,912,981 | $1,984,235 |
Food Share Of Lincoln County Newport, OR | $1,236,835 | $1,639,814 |
Hunger Intervention Program Seattle, WA | $647,134 | $1,130,043 |
Institute For Washingtons Future Bellingham, WA | $766,506 | $1,303,419 |
Oregon Childrens Outreach Gresham, OR | $272,560 | $1,172,990 |
La Pine Community Kitchen La Pine, OR | $557,525 | $1,070,792 |
Lighthouse Christian Ministries Wenatchee, WA | $3,950,600 | $1,335,737 |