NORTHWEST EDUCATION ACCESS (EIN 043602577) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

CHELSEA HICKS

Phone

2065236200

Tax Period

2024-07-01 to 2025-06-30

NORTHWEST EDUCATION ACCESS, founded in 2002, is a community nonprofit in the Education sector that reported $3.9M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $756K, a strong 19% operating margin.

Mission

NORTHWEST EDUCATION ACCESS PROVIDES COMPREHENSIVE AND INDIVIDUALIZED SUPPORT TO HELP LOW-INCOME YOUNG PEOPLE, AGES 16-29, IN KING AND PIERCE COUNTIES BUILD THEIR OWN PATH TO HIGHER EDUCATION AND BEYOND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,807,674

Program Service Revenue $0

Investment Income $110,939

Other Revenue $2,240

TOTAL REVENUE $3,920,853

Expense Breakdown

Grants Paid $295,281

Salaries & Benefits $2,314,168

Fundraising Expenses $292,867

Program Expenses $2,591,743

Other Expenses $539,086

TOTAL EXPENSES $3,165,135

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,920,853	$4,626,802	-0.2%
Expenses	$3,165,135	$2,746,792	+0.2%
Net Income	$755,718	$1,880,010	-0.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$516,331

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHELSEA HICKS	BOARD PRESIDENT	4.00	Officer Director	$0	$0	$0
ISI OGWUDE	BOARD VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
CLARISSA LUNDAY	BOARD SECRETARY	4.00	Officer Director	$0	$0	$0
BRADLEY LANE	BOARD TREASURER	4.00	Officer Director	$0	$0	$0
MATTHEW NORMAN	BOARD MEMBER	3.00	Director	$0	$0	$0
RATHI SUDHAKARA	BOARD MEMBER	2.00	Director	$0	$0	$0
SIMMONE MISRA	BOARD MEMBER	2.00	Director	$0	$0	$0
ASHOK MISRA	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES AMBROSE	BOARD MEMBER	2.00	Director	$0	$0	$0
GLORIA DIBERET	BOARD MEMBER	2.00	Director	$0	$0	$0
MONIQUE YVONNE TAYLOR	EXECUTIVE DIRECTOR FROM 1/6/25	40.00	Officer	$0	$0	$0
KATHERINE CHILDERS	FINANCE DIRECTOR	40.00	Officer	$114,469	$9,947	$124,416
JEFFREY COREY	CO-ED UNTIL 1/6/25, PROGRAM DIR. REST OF YEAR	40.00	Officer	$122,826	$3,622	$126,448
ANGELA PIERCE-NGO	CO-ED UNTIL 1/6/25, PROGRAM DIR. REST OF YEAR	40.00	Officer	$122,835	$10,185	$133,020
COOPER METZ	CO-ED UNTIL 1/6/25, PROGRAM DIR. REST OF YEAR	40.00	Officer	$122,282	$10,165	$132,447
KERRY DIRK	DEVELOPMENT DIRECTOR UNTIL APRIL	40.00	Highest	$109,052	$7,634	$116,686

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$3,920,853	$3,165,135	$5,467,701	$755,718
2024	$4,626,802	$2,746,792	$4,550,548	$1,880,010
2023	$2,620,665	$2,473,434	$2,650,308	$147,231
2022	$2,622,539	$2,281,487	$2,516,302	$341,052
2021	$2,788,492	$2,284,042	$2,142,778	$504,450
2020	$2,968,506	$2,096,187	$2,029,271	$872,319

NORTHWEST EDUCATION ACCESS