SALEM, OR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHWEST HUB, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $610K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $567K left a modest 7% surplus.
NORTHWEST HUB MOBILIZES AND EMPOWERS THROUGH BICYCLE RECLAMATION,SKILL/VOCATIONAL TRAINING AND BICYCLE WASTE DIVERSION. CLIENTS GAIN MOBILITY AND SKILLS NEEDED TO JOURNEY THROUGH LIFE TRANSITIONS IE PROBATION REENTRY, DEPENDENCY TREATMENT, RESETTLEMENT AND HOMELESSNESS. DISCOUNTS,INCOME-BASED SALES AND SERVICE PROVIDED TO THE BROADER COMMUNITY.
RECYCLING AND REUSE NORTHWEST HUB DIVERTS BICYCLE-RELATED WASTE FROM AREA LANDFILLS THROUGH OUR COLLABORATION WITH MARION COUNTY ENVIRONMENTAL SERVICES. IN ADDITION TO REFURBISHING APPROXIMATELY...
RECYCLING AND REUSE NORTHWEST HUB DIVERTS BICYCLE-RELATED WASTE FROM AREA LANDFILLS THROUGH OUR COLLABORATION WITH MARION COUNTY ENVIRONMENTAL SERVICES. IN ADDITION TO REFURBISHING APPROXIMATELY 1,200 BICYCLES AND REUSE OF THOUSANDS OF COMPONENTS, TIRES AND TUBES, 56,302 POUNDS STEEL AND ALLOY FROM BICYCLE-RELATED WASTE WAS RECYCLED. VOLUNTEER PURCHASE PROGRAM THE NORTHWEST HUB PROVIDED 463 COMPLETE BICYCLE COMMUTER PACKAGES FOR ESSENTIAL TRANSPORTATION. THESE COMMUTER PACKAGES INCLUDE A BICYCLE, HIGH SECURITY U-LOCK, LIGHTS, HELMET, AND ESSENTIAL ACCESSORIES, ALLOWING CLIENTS TO SEEK EMPLOYMENT, COMMUTE TO WORK AND MEET BASIC TRANSPORTATION NEEDS (REFURBISHED BIKES, LOCKS, LIGHTS, AND HELMETS REQUIRE 67 WHOLESALE GOODS PER RECIPIENT, ATOP STAFF TIME, TRAINING, AND EACH DONATED BICYCLE'S MARKET VALUE. REFERRED PREDOMINANTLY BY PAROLE RESOURCES, OREGON YOUTH AUTHORITY, HOMELESS SHELTERS, TREATMENT PROGRAMS AND SALEM FOR REFUGEES. BIKE RECIPIENTS COMMUTE BY BIKE BECAUSE THEY CANNOT AFFORD OR RELY UPON SALEM'S LIMITED PUBLIC TRANSPORTATION SYSTEM. TRAINEES RECEIVED OVER 4,496 HOURS OF SKILLS TRAINING AND OVERSIGHT OF BICYCLE RECLAMATION AND REPAIR EFFORTS. VOCATIONAL REHABILITATION AND SKILLS TRAINING NORTHWEST HUB COMPLETED ANOTHER YEAR OF VOCATIONAL TRAINING FOR YOUNG ADULTS WHO ARE ON PROBATION AND/OR HOMELESS. A TOTAL OF FIVE YOUNG PEOPLE PARTICIPATED IN A 6-MONTH PROGRAM WHICH PROVIDES THEM LIFE SKILLS TRAINING, JOB TRAINING, LICENSED COUNSELING, AND TRANSITIONAL EMPLOYMENT. FIVE INTERNS SUCCESSFULLY PROCURED EMPLOYMENT OR HIGHER EDUCATIONAL OPPORTUNITIES UPON GRADUATION. THE NORTHWEST HUB CURRENTLY EMPLOYS FIVE STAFF HIRED THROUGH VOCATIONAL REHABILITATION PROGRAMS THROUGH OREGON EMPLOYMENT DEPARTMENT, EASTER SEALS, AND NORTHWEST HUB'S FRAME UP PROGRAM. AS A CONTRACT PROVIDER FOR OED AND DHS'S SKILLS TRAINING AND EMPLOYMENT PROGRAM AND EASTER SEALS SCSEP PROGRAM, FOUR CURRENT PARTICIPANTS ARE RECEIVING TECHNICAL AND JOB TRAINING. OTHER SERVICES PROVIDED WE SERVED LOW INCOME STUDENTS AT 8 COMMUNITY EVENTS DURING THE PAST FISCAL YEAR. SAFE ROUTES TO SCHOOLS ACCOUNTED FOR MOST EVENTS IN WHICH WE OFFERED FREE REPAIRS AND HELMETS TO PREDOMINANTLY TITLE-ONE STUDENT FAMILIES. ADDITIONALLY, WE DISTRIBUTED 47 BIKES AND PROVIDED 104 BICYCLE COMMUTER PACKAGES TO LOW-INCOME COMMUNITIES IN NORTH MARION COUNTY. INCOME BASED DONATIONS AND DISCOUNTS REDUCED AND NO COST GOODS AND SERVICES WERE PROVIDED TO SNAP BENEFICIARIES AND LOW INCOME CLIENTS. THIS INCLUDED 70,763 FREE IN STORE GOODS AND SERVICES; 21,736 INCOME BASED DISCOUNTS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $610,193 | $409,241 | +0.5% |
| Expenses | $566,637 | $468,830 | +0.2% |
| Net Income | $43,556 | $-59,589 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| MATT STONE | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL LINDLEY | SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN REDMOND | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| GARY PULLMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES CASEY | DIRECTOR | 6.00 |
Director
|
$0 | $0 | $0 |
| KIRK A SEYFERT | EXECUTIVE DI | 42.00 |
Officer
|
$69,550 | $0 | $69,550 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $610,193 | $566,637 | $109,429 | $43,556 |
| 2024 | $409,241 | $468,830 | $106,335 | $-59,589 |
| 2022 | $423,624 | $445,956 | $153,109 | $-22,332 |
| 2021 | $429,335 | $386,493 | $167,029 | $42,842 |
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