Belingham, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FUTURESNW, founded in 2012, is a small nonprofit in the Education sector that reported $459K in total revenue in fiscal year 2023. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $108K, a strong 24% operating margin.
Our mission is to level the socio-economic playing field and empower students from under-served communities to achieve their career and college dreams. We work to eradicate the adverse life consequences of poverty by using education and professional training as a means to secure living-wage careers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $458,847 | $246,482 | +0.9% |
| Expenses | $350,349 | $200,357 | +0.7% |
| Net Income | $108,498 | $46,125 | +1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ashley DeLatour | Executive Director of Programs | 35 |
Key Emp
Highest
|
$62,500 | $0 | $62,500 |
| Megan Wingo | Executive Director of Programs | 35 |
Key Emp
Highest
|
$62,500 | $0 | $62,500 |
| John Korsmo | Board President | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Lizbeth Gonzalez Vasquez | Board Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Rae Larson | Board Treasurer | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Wing Fok | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Shoshaunee Perez | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Jason McGill | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Joe Wooding | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Freddy Collins | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Stacey Nordtvedt | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Tracy Gasca | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $458,847 | $350,349 | $226,886 | $108,498 |
| 2022 | $246,482 | $200,357 | $117,431 | $46,125 |
Compare FUTURESNW with other nonprofits in Washington and across the country.