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.
FuturesNW partners with local schools and organizations to host financial literacy events in which Financial Aid experts and admissions staff from local higher education institutions provide...
FuturesNW partners with local schools and organizations to host financial literacy events in which Financial Aid experts and admissions staff from local higher education institutions provide personalized support for students and families completing the FAFSA or WASFA. This is considered mentoring and pathway navigation work. Our coaches work with low-income, first-generation secondary students to encourage them to plan for success after high school graduation.
QuickStart to College is a free summer camp program to uplift and encourage high school seniors as they prepare for college selection, applications, scholarships, and financial aid processes...
QuickStart to College is a free summer camp program to uplift and encourage high school seniors as they prepare for college selection, applications, scholarships, and financial aid processes. Students enjoy 4 days and 3 nights at WWU and visits from our friends at BTC, NWIC, SVC, and WCC to help them learn more about the various types of colleges available. By attending QuickStart, our mentors and local college staff members will help students get prepared for milestones throughout their senior year, so they can confidently step into the path that lies beyond it.
Learning with Leaders is an event series that connects students with in-demand career pathways by providing exploration that focuses on kinesthetic learning experiences. Students get real-time...
Learning with Leaders is an event series that connects students with in-demand career pathways by providing exploration that focuses on kinesthetic learning experiences. Students get real-time, tactile training, such as the chance to operate heavy equipment under the guidance of experts, take part in virtual simulations, and engage their potential through touch and movement. Every event includes career workshops featuring different trades within the advanced manufacturing/construction, healthcare, and information technology fields, as well as support services workshops such as financial aid help, college speed-dating, and resume-building. Students will leave events with a better understanding of different career pathway opportunities and how they can get there.
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 |
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