NORTHSTAR ADVOCATES

EIN: 871428320 501(c)(3) Youth Development

Seattle, WA

Total Revenue
$694,000
Total Expenses
$432,457
Total Assets
$1,324,650
Net Assets
$1,290,378
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WA
Principal Officer
Jim Theofelis
Phone
2062288657
Tax Period
2025-01-01 to 2025-12-31

NORTHSTAR ADVOCATES, founded in 2021, is a small nonprofit in the Youth Development sector that reported $694K in total revenue in fiscal year 2025. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $262K, a strong 38% operating margin.

Mission

Preventing and ending youth homelessness by supporting young people, strengthening families and communities, and holding the systems designed to serve them accountable.

Program Service Accomplishments

Program 1
Expenses: $225,122 Revenue: $0

NorthStar Advocates is a leader in the state of Washington serving young people at the intersection of unaccompanied homelessness, system involvement, and the behavioral health crisis in our society...

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NorthStar Advocates is a leader in the state of Washington serving young people at the intersection of unaccompanied homelessness, system involvement, and the behavioral health crisis in our society. We made significant progress in 2025 in the design and implementation of HB 1929 to establish safe housing and services for young adults exiting an inpatient behavioral health treatment program. State data continue to show these young people at greatest risk of returning to homelessness within 30 days - 12 months upon exiting a system of care (foster care, juvenile rehabilitation and/or inpatient behavioral health treatment). NorthStar Advocates has provided training, consultation, and ongoing advocacy for the two programs in Washington state. During a very challenging budget crisis in Washington's legislature NorthStar Advocates advocated to protect the funding ensuring it remains in the state budget. We will collect relevant data to determine our advocacy agenda for expansion during the 2027 legislative session. Early data demonstrates NorthStar Advocates hypothesis was correct in that these young people do want to exit homelessness and are addressing their substance use disorder and/or mental health issues. This has resulted in young people securing safe housing, employment, educational goals and reconciliation with family and community. NorthStar Advocates has also sponsored a youth and young adult led behavioral health quarterly summit planning to be implemented in 2026.

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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 $694,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $694,000

Expense Breakdown

Grants Paid $34,897
Salaries & Benefits $177,313
Fundraising Expenses $0
Program Expenses $225,122
Other Expenses $220,247
TOTAL EXPENSES $432,457

Year-over-Year Comparison

2025 2024 Change
Revenue $694,000 $852,990 -0.2%
Expenses $432,457 $350,604 +0.2%
Net Income $261,543 $502,386 -0.5%
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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Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
22

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
4
$162,523
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jim Theofelis Executive Director 40
Officer
$162,523 $0 $162,523
Ros Ghan Director 1
Officer
$0 $0 $0
Laurie Lippold Director 1
Officer
$0 $0 $0
Daniel Lugo Director 1
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
2025 $694,000 $432,457 $1,324,650 $261,543
2024 No data No data No data No data
2023 $642,440 $229,120 $539,536 $413,320
2022 $257,406 $220,473 $135,279 $36,933
2021 $142,100 $70,316 $74,595 $71,784
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