JOURNEYMEN INSTITUTE

EIN: 812977279 501(c)(3) Youth Development

Vashon, WA

Total Revenue
$281,128
Total Expenses
$355,338
Total Assets
$36,264
Net Assets
$33,842
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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
2016
Legal Domicile
WA
Principal Officer
Alex Craighead
Phone
2064295203
Tax Period
2025-01-01 to 2025-09-30

JOURNEYMEN INSTITUTE, founded in 2016, is a small nonprofit in the Youth Development sector that reported $281K in total revenue in fiscal year 2025. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $355K exceeded revenue, resulting in a 26% operating deficit.

Mission

To guide boys and young men to discover their gifts, find belonging in community, and contribute as leaders of positive change through Nature based Rites of Passage, Mentorship and Community Engagement

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $190,047
Program Service Revenue $93,079
Investment Income $-1,998
Other Revenue $0
TOTAL REVENUE $281,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $254,626
Fundraising Expenses $18,913
Program Expenses $317,376
Other Expenses $100,712
TOTAL EXPENSES $355,338

Year-over-Year Comparison

2025 2024 Change
Revenue $281,128 $443,953 -0.4%
Expenses $355,338 $404,743 -0.1%
Net Income $-74,210 $39,210 -2.9%
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

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Governance

Voting Members
9
Independent Members
7
Employees
17
Volunteers
25

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
2
$94,245
Total Directors
9
$94,245
Key Employees
2
$94,245
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicholas Wilks Executive Director 40
Officer Director Key Emp Highest
$75,003 $0 $75,003
Alexander Craighead Fundraising Director 40
Officer Director Key Emp
$19,242 $0 $19,242
Colby Atwood Board Chair 10.00
Director
$0 $0 $0
Katherine Lefanowicz Treasurer 10
Director
$0 $0 $0
Scott Bonney Board Member 5.00
Director
$0 $0 $0
Catherine Briggs Board Member 5
Director
$0 $0 $0
Selin Demir Board Member 5.00
Director
$0 $0 $0
Eric Hecht Board Member 5.00
Director
$0 $0 $0
Kevin McMurdo Board Member 5.00
Director
$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
2025 $281,128 $355,338 $36,264 $-74,210
2024 No data No data No data No data
2023 $353,181 $406,631 $72,150 $-53,450
2022 $305,991 $292,863 $120,967 $13,128
2021 $303,720 $266,681 $107,404 $37,039
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