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Futuresnw

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272997677 ✦ Belingham, WA ✦ Designated as a 501(c)(3)

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Overview

What is Futuresnw?

Futuresnw is a dedicated nonprofit organization based in Belingham, Washington. Their primary mission is to bridge the socio-economic gap and empower under-served community students, enabling them to pursue their career and higher education aspirations. By partnering with local schools and organizations, Futuresnw organizes financial literacy events where experts from higher education institutions provide personalized support to students and families completing financial aid applications. This initiative aims to secure living-wage careers for these students, thereby eradicating the negative impact of poverty on their lives. With a team of 13 employees, Futuresnw continues its mission, hosting events and offering mentoring and pathway navigation services to low-income, first-generation students.


Official website here: www.futuresnw.org

Is Futuresnw legitimate?

Futuresnw is a legitimate nonprofit organization registered as a 501(c)(3) entity. Futuresnw submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $99,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,659

For more financial information, click here


Official website here: www.futuresnw.org

What is the mission statement of Futuresnw?

Futuresnw's mission is centered around addressing the socio-economic disparities faced by under-served communities. Their objective is to empower these students, enabling them to pursue their career and college aspirations. They aim to alleviate the negative impacts of poverty by leveraging education and vocational training as tools to secure well-paying jobs. The organization collaborates with local schools and organizations, hosting financial literacy events where experts and college admissions staff offer personalized support to students and their families, guiding them through the financial aid application process. This work encompasses mentoring and pathway navigation, encouraging students to envision and prepare for success beyond high school graduation.


Official website here: www.futuresnw.org

Who is the CEO of Futuresnw?

John Korsmo is the Board President of Futuresnw.


Official website here: www.futuresnw.org

What is the revenue of Futuresnw?

Futuresnw's revenue in 2022 was $246,482.


Official website here: www.futuresnw.org

Who are the executives of Futuresnw and what are their salaries?

The average compensation at Futuresnw during 2022 was $10,599. There are 13 employees and 15 volunteers at Futuresnw.


Here are 13 key members and their salaries:


Ashley Delatour (Programs Manager)
  • Compensation: $49,563
  • Related: $0
  • Other: $0
Megan Wingo (Operations Manager)
  • Compensation: $49,563
  • Related: $0
  • Other: $0
John Korsmo (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Wooding (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freddy Collins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wing Fok (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Cruz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shoshaunee Perez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Mcgill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizbeth Gonzalez Vasquez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suneeta Eisenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rae Larson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Nordtvedt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.futuresnw.org

Where can I find the form 990 for Futuresnw?

Futuresnw's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.futuresnw.org

Learn more at the official website: www.futuresnw.org

Mission Statement of Futuresnw

FuturesNW, a nonprofit organization, is committed to bridging the socio-economic divide and empowering students from underprivileged communities. Their mission is twofold: firstly, to assist these students in realizing their career and college aspirations, and secondly, to eliminate the detrimental effects of poverty by providing them with the necessary education and professional training to secure stable, living-wage careers. By leveling the socio-economic playing field, FuturesNW aims to eradicate the life-long consequences that poverty often brings.

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Impact




October, 2024

Futuresnw significantly impacts the socio-economic landscape by empowering students from under-served communities to pursue their educational and career aspirations. By focusing on education and professional training, they work to mitigate the challenges posed by poverty, offering a pathway to living-wage careers.

Their initiatives, such as hosting financial literacy events in collaboration with local schools and organizations, provide essential support in navigating the complexities of financial aid processes like the FAFSA and WASFA. This personalized assistance from financial aid experts and admissions staff greatly enhances students' chances of securing funding for their higher education.

Moreover, Futuresnw's dedicated coaches play a crucial role in mentoring low-income, first-generation secondary students, guiding them toward successful post-high school plans. This targeted effort not only helps students envision their futures but also equips them with the knowledge and resources needed to achieve their goals. Through these programs, Futuresnw fosters a more equitable educational environment, ultimately contributing to a stronger, more resilient community.




This information is meant to be a general summary of Futuresnw. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$246,482 (2022)
Expenses
$200,357 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $246,482

Assets and Liabilities:

  • Total Assets: $117,431
  • Total Liabilities: $0
  • Net Assets: $117,431

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Organization Details

Founding Year

2012

Principal Officer

John Korsmo

Main Address

PO Box 28237 3150 Orleans St, Belingham, WA, 98228

NTEE Category

Code: B90 - Education

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