Northwest Access Exchange Inc (EIN 463292198) - 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

2013

Legal Domicile

Principal Officer

Steve Corbato

Phone

5417609822

Tax Period

2023-01-01 to 2023-12-31

Northwest Access Exchange Inc, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $636K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $305K, a strong 48% operating margin.

Mission

The organization exists to provide internet exchange services in Portland, Oregon to keep local internet traffic from having to leave Oregon, to provide redundancy for other regional peering fabrics, reduce costs for members, and build a sense of network community in Oregon.

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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 (2023)

Revenue Breakdown

Contributions & Grants $599,312

Program Service Revenue $0

Investment Income $36,205

Other Revenue $0

TOTAL REVENUE $635,517

Expense Breakdown

Grants Paid $100

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $330,235

TOTAL EXPENSES $330,335

Year-over-Year Comparison

	2023	2022	Change
Revenue	$635,517	$486,448	+0.3%
Expenses	$330,335	$156,185	+1.1%
Net Income	$305,182	$330,263	-0.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andy Payne	Trustee	1.00	Director	$0	$0	$0
Bill Blackford	Trustee	1.00	Director	$0	$0	$0
John Todd	Trustee	1.00	Director	$0	$0	$0
Eric Rosenberry	Vice President	1.00	Officer	$0	$0	$0
Molly Thurston	Secretary	1.00	Officer	$0	$0	$0
Steve Corbato	Treasurer	5.00	Officer	$0	$0	$0
Matt Updenkelder	President	1.00	Officer	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$635,517	$330,335	$1,965,400	$305,182
2022	$486,448	$156,185	$1,660,218	$330,263
2021	$501,797	$113,288	$1,329,955	$388,509
2020	$335,888	$165,262	$941,445	$170,626
2019	$251,885	$43,166	$770,820	$208,719
2018	$196,175	$30,898	$562,101	$165,277

Northwest Access Exchange Inc