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Snap Financial Access

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

EIN: 371502691 ✦ Spokane, WA ✦ Designated as a 501(c)(3)

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Overview

What is Snap Financial Access?

Snap Financial Access is a nonprofit organization situated in Spokane, Washington, specifically at 3102 W Whistalks Way. Their primary mission is to support low-income individuals and families in achieving self-sufficiency and financial independence. They accomplish this by offering various financial services and economic opportunities. Their approach is designed to uphold the dignity of those they assist, fostering an environment where vulnerable people can thrive.


Official website here: www.snapwa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Snap Financial Access has achieved a commendable rating of 97% from Charity Navigator, highlighting its strong performance in accountability and finance. The organization boasts a perfect score in their Accountability & Finance category, indicating excellent governance, financial health, and transparency. The board is entirely independent, and the nonprofit adheres to rigorous standards regarding asset management and policy documentation, which reinforces its credibility.

In addition to its financial strengths, Snap Financial Access also demonstrates a solid commitment to culture and community, receiving an 82% score in this area. The organization excels in collecting and utilizing constituent feedback, ensuring that its services effectively meet the needs of those it serves. This responsiveness is critical for fostering community trust and engagement.

Despite the overall positive ratings, there is still room for improvement, particularly in its equity strategies where it scored 73 out of 100. This suggests that while the nonprofit is performing well, focusing on enhancing its equity strategies could further strengthen its impact within the community. Overall, Snap Financial Access presents a reliable option for donors who value transparency and strong community engagement.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Snap Financial Access?

86% of 16 reviewers on Facebook recommend Snap Financial Access. Here is a summary of their reviews:

Many individuals express gratitude for the assistance they've received, highlighting the courteous and professional service provided by the nonprofit. The positive tone in their comments reflects a strong appreciation for how Snap Financial Access has made a significant impact on their financial situations.

Overall, the sentiment towards this organization is overwhelmingly positive, with several supporters emphasizing the kindness and dedication of its staff. The appreciation shared suggests that Snap Financial Access effectively fulfills its mission to help those in need.


This AI summary has been generated from reviews found on Facebook.

Is Snap Financial Access legitimate?

Snap Financial Access is a legitimate nonprofit organization registered as a 501(c)(3) entity. Snap Financial Access 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $621,681

For more financial information, click here


Official website here: www.snapwa.org

What is the mission statement of Snap Financial Access?

Snap Financial Access is dedicated to serving low-income and vulnerable individuals and families by providing financial services and economic opportunities. Their mission is to enhance dignity in the process, thereby promoting financial independence and self-sufficiency. Through their initiatives, they aim to help these individuals increase their economic opportunities, ultimately enhancing their overall quality of life.


Official website here: www.snapwa.org

Who is the CEO of Snap Financial Access?

Julie Honekamp is the Board Member of Snap Financial Access. The CEO's salary of Snap Financial Access is $0 and their total compensation is $219,837.


Official website here: www.snapwa.org

What is the revenue of Snap Financial Access?

Snap Financial Access's revenue in 2022 was $3,604,500.


Official website here: www.snapwa.org

Who are the executives of Snap Financial Access and what are their salaries?

There 93 volunteers at Snap Financial Access.


Here are 20 key members and their salaries (Snap Financial Access's CEO's salary is $0 and their total compensation is $219,837):


Chris Drake (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Nave (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Dorwin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Wear (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lacrecia M Hill (Alternate Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicky Dalton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Trejo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Holy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Pritchard (Alternate Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maila Marchese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raju Hedge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Ekins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timm Ormsby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Tripp (Alternate Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charisse Pope (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Stratton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Billig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vernon Loke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Dhatt-Honekamp (Ceo)
  • Compensation: $0
  • Related: $196,076
  • Other: $23,761
Kathy Berg (Fiscal Director)
  • Compensation: $0
  • Related: $126,529
  • Other: $19,973


Official website here: www.snapwa.org

Where can I find the form 990 for Snap Financial Access?

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


Official website here: www.snapwa.org

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

Mission Statement of Snap Financial Access

Snap Financial Access, a nonprofit organization, is dedicated to serving low-income and vulnerable individuals and families. Their mission is centered around providing financial services and economic opportunities in a manner that enhances dignity. By doing so, they aim to help these individuals and families increase their self-sufficiency, ultimately promoting financial independence. Snap Financial Access works tirelessly to create opportunities that empower their beneficiaries, fostering a sense of dignity and independence in their lives.

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Impact




July, 2024

Snap Financial Access has a significant impact on low-income and vulnerable individuals by providing them with valuable financial services and economic opportunities that promote self-sufficiency and financial independence. Through their work in Spokane, WA, Snap Financial Access enhances the dignity of those they serve by empowering them to improve their financial situations and access housing opportunities. Their mission to support the most marginalized members of society demonstrates a commitment to creating positive change and fostering economic empowerment within their community.




This information is meant to be a general summary of Snap Financial Access. 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
$3,604,500 (2022)
Expenses
$2,959,856 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $492,110
  • Program Service Revenue: $1,689,839
  • Gross Receipts: $3,604,500

Assets and Liabilities:

  • Total Assets: $13,042,626
  • Total Liabilities: $4,750,266
  • Net Assets: $8,292,360

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN PROGRAM FEES

Revenue

$1,642,140

OTHER

Revenue

$47,699

Organization Details

Founding Year

2005

Principal Officer

Julie Honekamp

Main Address

3102 W WHISTALKS WAY, SPOKANE, WA, 99224

NTEE Category

Code: L82 - Housing

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