Northwest Access Fund
- Assets
- $4.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 9
- Location
- Shoreline, WA
- Founding
- 08/2001
- Data as of
- 09/2021
- EIN
- 91-2094889
Organization Overview
Northwest Access Fund is located in Shoreline, WA. The organization was established in 2001. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 09/2021, Northwest Access Fund employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Access Fund 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 09/2021, Northwest Access Fund generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.7% each year . All expenses for the organization totaled $989.8k during the year ending 09/2021. While expenses have increased by 13.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE OFFER PEOPLE WITH DISABILITIES CUSTOMIZED LOANS, FINANCIAL COACHING, AND OTHER RESOURCES TO PROMOTE ACCESS TO ASSISTIVE TECHNOLOGY, INDEPENDENCE, FINANCIAL RESILIENCE, AND LIFE OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NORTHWEST ACCESS FUND PROVIDES: LOW-INTEREST LOANS FOR ASSISTIVE TECHNOLOGY AND HOME AND VEHICLE ACCESSIBILITY MODIFICATIONS; LOW-INTEREST LOANS THAT INCREASE INDEPENDENCE, FINANCIAL RESILIENCE, AND PURSUIT OF LIFE OPPORTUNITIES; INDIVIDUAL DEVELOPMENT (MATCHED SAVINGS) ACCOUNTS FOR ASSISTIVE TECHNOLOGY NEEDED FOR ANY PURPOSE AND FOR ASSETS NEEDED TO PROMOTE OR MAINTAIN EMPLOYMENT OR SELF-EMPLOYMENT; AND FINANCIAL EDUCATION AND FINANCIAL CAPABILITY SERVICES DESIGNED TO INCREASE FINANCIAL KNOWLEDGE, IMPROVE THE RATE OF SAVING, LOWER DEBT, INCREASE CREDIT SCORES, AND ENHANCE THE ABILITY TO MEET FINANCIAL GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emerson Sekins Executive Director | Officer | 40 | $95,777 |
Alan Knue President | OfficerTrustee | 1 | $0 |
Molly Sullivan Vice President | OfficerTrustee | 1 | $0 |
Isabelle Banville Secretary | OfficerTrustee | 1 | $0 |
Warren Weissman Treasurer | OfficerTrustee | 1 | $0 |
Mihwa Kim Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,640 |
| Related organizations | $0 |
| Government grants | $1,446,375 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,456 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,564,471 |
| Total Program Service Revenue | $89,652 |
| Investment income | $4,531 |
| 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 | $1,662,438 |
| 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. | $110,226 |
| Compensation of current officers, directors, key employees. | $28,659 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $454,998 |
| Pension plan accruals and contributions | $12,177 |
| Other employee benefits | $19,538 |
| Payroll taxes | $47,609 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $87,482 |
| Advertising and promotion | $7,335 |
| Office expenses | $32,512 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,530 |
| Travel | $2,277 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,813 |
| Interest | $3,750 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,648 |
| Insurance | $10,267 |
| All other expenses | $0 |
| Total functional expenses | $989,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,671 |
| Savings and temporary cash investments | $2,350,743 |
| Pledges and grants receivable | $242,800 |
| Accounts receivable, net | $48,996 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,091,125 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,228 |
| Net Land, buildings, and equipment | $30,919 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,925,482 |
| Accounts payable and accrued expenses | $55,009 |
| Grants payable | $0 |
| Deferred revenue | $521,593 |
| 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 | $343,333 |
| Other liabilities | $55,219 |
| Total liabilities | $975,154 |
| Net assets without donor restrictions | $2,106,892 |
| Net assets with donor restrictions | $1,843,436 |
| 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 | $4,925,482 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Northwest Access Fund has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
The Seattle Foundation Seattle, WA PURPOSE: HOUSING AND FINANCIAL SECURITY OF LOW-INCOME SENIORS | $50,000 |
Group Health Foumdaiton Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marguerite Casey Foundation Seattle, WA | $1,001,694,485 | $120,109,113 |
South Puget Intertribal Planning Shelton, WA | $23,085,104 | $17,394,325 |
Shared Hope International Vancouver, WA | $7,125,454 | $4,492,238 |
Windermere Foundation Seattle, WA | $3,632,336 | $2,610,545 |
Southern Oregon Friends Of Hospice Medford, OR | $5,540,085 | $3,156,686 |
Kirby Enterprises Marysville, WA | $138,628 | $1,353,816 |
Northwest Access Fund Shoreline, WA | $4,925,482 | $1,662,438 |
Saturate Bellevue, WA | $120,376 | $816,257 |
Ninety-Nine Girlfriends Portland, OR | $160,370 | $439,066 |
Hope For Life Seattle, WA | $262,080 | $523,577 |
Shihara Family Foundation Bellevue, WA | $9,194,351 | $306,224 |
Casa Of Marion County Inc Keizer, OR | $730,614 | $679,041 |