FORTERRA NW

EIN: 943112461 501(c)(3) Environment

SEATTLE, WA

Total Revenue
$12,806,098
Total Expenses
$10,896,768
Total Assets
$45,479,506
Net Assets
$38,770,283
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
WA
Principal Officer
MICHELLE CONNOR
Phone
2062925907
Tax Period
2024-01-01 to 2024-12-31

FORTERRA NW, founded in 1994, is a mid-sized nonprofit in the Environment sector that reported $12.8M in total revenue in fiscal year 2024. Revenue surged 156% from the prior year, signaling strong growth momentum. Expenses of $10.9M left a modest 15% surplus.

Mission

TO ENHANCE, SUPPORT AND STEWARD THE REGION'S MOST PRECIOUS RESOURCES. MANY OF THE PROJECTS WHICH FORTERRA UNDERTAKES TO ACHIEVE OUR MISSION THROUGH EFFORTS THAT CAN OFTEN SPAN SEVERAL YEARS. NET REVENUES FROM COMPLETION OF THESE PROJECTS CAN BE REINVESTED TO FUND THE DEVELOPMENT OF PROJECTS IN FUTURE PERIODS, COVERING NET LOSSES IN YEARS WITH NO SIGNIFICANT PROJECT CLOSINGS.

Program Service Accomplishments

Program 1
Expenses: $5,687,676 Revenue: $93,767

CONSERVATION: FORTERRA'S LANDSCAPE-SCALE APPROACH ENSURES THE CONSERVATION OF CRITICAL LANDS FOR COMMUNITIES THROUGHOUT THE REGION. FORTERRA HAS CONSERVED MORE THAN 280,240 ACRES OF LAND SINCE OUR...

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CONSERVATION: FORTERRA'S LANDSCAPE-SCALE APPROACH ENSURES THE CONSERVATION OF CRITICAL LANDS FOR COMMUNITIES THROUGHOUT THE REGION. FORTERRA HAS CONSERVED MORE THAN 280,240 ACRES OF LAND SINCE OUR FOUNDING IN 1989. AT ANY GIVEN TIME, WE ARE WORKING ON DOZENS OF PROJECTS TO CONSERVE LANDS FOR COMMUNITY, HABITAT AND RECREATION. WE KNOW HOW TO WORK QUICKLY AND DECISIVELY TO ENSURE VITAL LANDS ARE NOT LOST BUT WE ALSO KNOW THAT SOME PROJECTS TAKE TIME TO GET RIGHT. THESE INCLUDE THE 4,000-ACRE PORT GAMBLE FOREST WHICH TOOK MORE THAN 10 YEARS AND DEEP COMMUNITY PARTNERSHIPS TO COMPLETE AND THE ACQUISITION OF 145 ACRES OF CULTURALLY SIGNIFICANT LAND IN CENTRAL WASHINGTON FOR A PLANNED TRIBAL COMMUNITY. SOME PROJECTS ARE SMALL, BUT JUST AS IMPORTANT, LIKE CAMP KILWORTH WHICH IS ONE OF THE LAST UNDEVELOPED SHORELINE HABITATS IN FEDERAL WAY, WASHINGTON. SMALL OR LARGE, THESE PROJECTS ADD UP AND CONTRIBUTE TO A HEALTHY ENVIRONMENT AND RESILIENT COMMUNITIES. NO MATTER THE SIZE OF THE PROJECT, FORTERRA BRINGS A PURPOSEFUL, INNOVATED AND INTERCONNECTED APPROACH THAT DELIVERS SUCCESS FOR OUR REGION.

Program 2
Expenses: $1,445,588 Revenue: $457,251

COMMUNITY REAL ESTATE AND PLANNING: FORTERRA LOOKS ACROSS THE RURAL AND URBAN LANDSCAPE TO SEE THE CONNECTION BETWEEN PEOPLE AND LAND. WE INVEST IN TOWNS AND CITIES ACROSS THE STATE. WE LEVERAGE OUR...

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COMMUNITY REAL ESTATE AND PLANNING: FORTERRA LOOKS ACROSS THE RURAL AND URBAN LANDSCAPE TO SEE THE CONNECTION BETWEEN PEOPLE AND LAND. WE INVEST IN TOWNS AND CITIES ACROSS THE STATE. WE LEVERAGE OUR LAND HOLDINGS AND WORK IN PARTNERSHIP WITH TOWNS, CITIES, DEVELOPERS, AND COMMUNITIES TO IMPROVE INFRASTRUCTURE, HOUSING, AND CULTURAL INSTITUTIONS. WE HAVE LONGSTANDING AND DEEP RELATIONSHIPS WITH COMMUNITIES ACROSS THE REGION. WE UTILIZE OUR DECADES OF EXPERIENCE IN REAL ESTATE, LAND CONSERVATION AND COALITION BUILDING TO DEVELOP INNOVATIVE SOLUTIONS TO ADDRESS THE SHORTAGE OF ATTAINABLE HOUSING, BENEFIT LOCAL BUSINESSES AND COMMUNITIES, CREATE JOBS, OTHER ECONOMIC OPPORTUNITIES AND SUPPORT COMMUNITY WELLBEING.

Program 3
Expenses: $840,257 Revenue: $207,799

RESTORATION AND STEWARDSHIP: FORTERRA PARTNERS WITH ORGANIZATIONS AND COMMUNITIES THROUGHOUT THE REGION TO RESTORE AND STRENGTHEN PUBLIC LANDS, PARKS AND URBAN FORESTS. THROUGH OUR EVERGREEN...

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RESTORATION AND STEWARDSHIP: FORTERRA PARTNERS WITH ORGANIZATIONS AND COMMUNITIES THROUGHOUT THE REGION TO RESTORE AND STRENGTHEN PUBLIC LANDS, PARKS AND URBAN FORESTS. THROUGH OUR EVERGREEN RESTORATION PROGRAM (ERP) AND EVERGREEN CARBON CAPTURE (ECC) PROGRAM, FORTERRA PLANTS THOUSANDS OF TREES EACH YEAR IN PARTNERSHIP WITH LOCAL COMPANIES AND INDIVIDUALS. OVER THEIR LIFETIMES, THESE TREES WILL HELP OFFSET HUNDREDS OF THOUSANDS OF TONS OF CARBON DIOXIDE. ERP AND ECC HELPS PARTNER ORGANIZATIONS AND INDIVIDUALS TO RESTORE LOCAL FORESTS AND TREE CANOPIES. PARTNERS HAVE INCLUDED SOUNDERS FC, MCKINSTRY, DELTA AIR LINES, AND BECU, ALONG WITH DOZENS OF INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,622,788
Program Service Revenue $788,201
Investment Income $287,206
Other Revenue $107,903
TOTAL REVENUE $12,806,098

Expense Breakdown

Grants Paid $4,134,494
Salaries & Benefits $3,624,254
Fundraising Expenses $884,321
Program Expenses $8,693,234
Other Expenses $3,130,520
TOTAL EXPENSES $10,896,768

Year-over-Year Comparison

2024 2023 Change
Revenue $12,806,098 $4,995,522 +1.6%
Expenses $10,896,768 $9,940,171 +0.1%
Net Income $1,909,330 $-4,944,649 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
20
Employees
34
Volunteers
194

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
9
$958,179
Total Directors
21
$241,024
Key Employees
1
$259,286
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE CONNOR PRESIDENT & CEO 40.00
Officer Director
$231,150 $9,874 $241,024
DE'SEAN QUINN CHAIR 1.00
Officer Director
$0 $0 $0
ANDREA OSTROVSKY VICE-CHAIR 1.00
Officer Director
$0 $0 $0
TIM WULFEKUHLE TREASURER 1.00
Officer Director
$0 $0 $0
RUTH TRUE SECRETARY 1.00
Officer Director
$0 $0 $0
BETH BIRNBAUM PAST CHAIR 1.00
Officer Director
$0 $0 $0
ANDY BENCH DIRECTOR 1.00
Director
$0 $0 $0
GIGI COE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DUNNING DIRECTOR 1.00
Director
$0 $0 $0
JIM GREENFIELD DIRECTOR 1.00
Director
$0 $0 $0
PATRICK KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
GINA KLEM DIRECTOR 1.00
Director
$0 $0 $0
LAURIE MCDONALD JONSSON DIRECTOR 1.00
Director
$0 $0 $0
TRACY NEWMAN DIRECTOR 1.00
Director
$0 $0 $0
KELLY OGILVIE DIRECTOR 1.00
Director
$0 $0 $0
VANESSA PEGUEROS DIRECTOR 1.00
Director
$0 $0 $0
LESLIE REED DIRECTOR 1.00
Director
$0 $0 $0
NATASHA RIVERS DIRECTOR 1.00
Director
$0 $0 $0
WALKER STANOVSKY DIRECTOR 1.00
Director
$0 $0 $0
ALLAN STEINMAN DIRECTOR 1.00
Director
$0 $0 $0
DORIAN WALLER DIRECTOR 1.00
Director
$0 $0 $0
RACHEL VALDEZ CHIEF OPERATING OFFICER 40.00
Officer
$243,395 $17,144 $260,539
DAVID LEON VP, REAL ESTATE (THRU 12/24) 35.00
Officer
$229,665 $16,572 $246,237
ERIN KINDALL CFO 38.00
Officer
$191,982 $18,397 $210,379
KRISTI ENGLAND CHIEF GOV. & INNOVATION OFFICER 40.00
Key Emp
$240,270 $19,016 $259,286
INDIA CLARK SR. MD., COMMS. DEV.(THRU 08/24) 35.00
Highest
$133,359 $5,823 $139,182
DAN MURDOCH SR. DIRECTOR, PROPERTY MANAGEMENT 38.00
Highest
$109,235 $4,670 $113,905
MATTHEW LANGSENKAMP DIRECTOR, FP&A 40.00
Highest
$108,566 $13,619 $122,185
SANDRA PECK VP, STRATEGIC COMMS. & MARKETING 40.00
Highest
$106,625 $1,207 $107,832
CHERYL MARUSA SR. DIRECTOR, COMMUNITY DEVELOPMENT 37.00
Highest
$104,484 $13,241 $117,725
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 $12,806,098 $10,896,768 $45,479,506 $1,909,330
2023 $4,995,522 $9,940,171 $41,939,929 $-4,944,649
2022 $10,315,139 $13,868,230 $45,800,709 $-3,553,091
2021 $15,501,876 $19,564,333 $50,722,861 $-4,062,457
2020 $17,847,949 $12,915,843 $60,131,834 $4,932,106
2019 $15,699,200 $10,070,469 $50,651,669 $5,628,731
2018 $14,630,068 $7,232,512 $43,393,602 $7,397,556
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