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Washington Institute For Financial Security

The Prosperity Agenda

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

EIN: 800919097 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Washington Institute For Financial Security?

The Washington Institute for Financial Security, commonly known as The Prosperity Agenda (TPA), is a nonprofit organization based in Seattle, Washington. Their primary objective is to promote economic and racial justice, moving beyond managing poverty and towards increasing prosperity by prioritizing families. TPA offers community-centered design and evaluation services to ensure work becomes more meaningful, sustainable, scalable, and geared towards systems change. They also provide products and services, such as family-centered coaching, Money Mindset Cards, and Money PowerUp Packs, to help organizations adopt coaching strategies for better engagement with families experiencing poverty. TPA collaborates with families and staff to conceptualize, test, and implement programs that foster thriving environments, rooted in the knowledge and expertise of those impacted by economic inequality.


Official website here: www.theprosperityagenda.org

Is Washington Institute For Financial Security legitimate?

Washington Institute For Financial Security is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Institute For Financial Security 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: $215,662
Professional Fundraising Fees: $0
Other Salaries and Wages: $269,128

For more financial information, click here


Official website here: www.theprosperityagenda.org

What is the mission statement of Washington Institute For Financial Security?

The Washington Institute for Financial Security, through their Prosperity Agenda (TPA), aims to design pathways towards economic and racial justice. This is achieved by collaborating with families and staff, leveraging their wisdom, experience, and expertise to envision, test, and implement programs that foster prosperity and well-being. As a design firm, TPA assists non-profits, businesses, financial institutions, and government agencies in transitioning from managing poverty to increasing prosperity, with a focus on prioritizing families. TPA offers community-centered design and evaluation services to make work more meaningful, sustainable, scalable, and conducive to systems change. Additionally, they provide coaching strategies for organizations to better engage with and assist families experiencing poverty, including family-centered coaching, Money Mindset Cards, and Money PowerUP Packs.


Official website here: www.theprosperityagenda.org

Who is the CEO of Washington Institute For Financial Security?

Rachel Brooks is the Board President of Washington Institute For Financial Security.


Official website here: www.theprosperityagenda.org

What is the revenue of Washington Institute For Financial Security?

Washington Institute For Financial Security's revenue in 2022 was $447,024.


Official website here: www.theprosperityagenda.org

Who are the executives of Washington Institute For Financial Security and what are their salaries?

The average compensation at Washington Institute For Financial Security during 2022 was $60,599. There are 8 employees at Washington Institute For Financial Security.


Here are 7 key members and their salaries:


Liddy Romero (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Henry (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Dollar (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Riley (Past Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sterling Adlakha (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Brooks (Managing Director)
  • Compensation: $99,667
  • Related: $0
  • Other: $0
Roxanne Alvarez (Managing Director)
  • Compensation: $21,458
  • Related: $0
  • Other: $0


Official website here: www.theprosperityagenda.org

Where can I find the form 990 for Washington Institute For Financial Security?

Washington Institute For Financial Security's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theprosperityagenda.org

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

Mission Statement of Washington Institute For Financial Security

The Washington Institute for Financial Security, often referred to as TPA, is dedicated to designing pathways towards economic and racial justice. They achieve this by tapping into the wisdom, experience, and expertise of families facing economic inequality. The organization collaborates with families and staff to envision, test, and implement programs that foster prosperity, ensuring individuals can thrive.

In essence, TPA functions as a design firm, working with various entities such as nonprofits, businesses, financial institutions, and government agencies. Their mission is to shift the focus from managing poverty to increasing prosperity. By placing families at the forefront of their initiatives, TPA aims to create meaningful, sustainable, scalable, and system-changing programs. They provide community-centered design and evaluation services, assisting organizations in transforming their approach to address poverty effectively.

Moreover, TPA offers a range of products and services to help organizations engage better with families in poverty. Their offerings include family-centered coaching, Money Mindset Cards, and Money PowerUp Packs, which provide practical tools to enhance engagement and support. By adopting these strategies, organizations can effectively empower families experiencing poverty and contribute to broader societal change.

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Impact




October, 2024

The Washington Institute for Financial Security, through its initiative THE PROSPERITY AGENDA (TPA), significantly impacts communities by addressing economic and racial injustices. By designing pathways rooted in the experiences of families facing economic inequity, TPA works directly with those affected to co-create effective programs.

Their approach shifts the focus from merely managing poverty to fostering genuine prosperity by prioritizing the needs of families. TPA provides community-centered design and evaluation services that enhance the relevance and effectiveness of work conducted by businesses, financial institutions, and government agencies. By integrating coaching strategies and resources such as family-centered coaching, Money Mindset Cards, and Money PowerUp Packs, they empower organizations to better engage with families experiencing poverty.

The organization’s commitment to collaboration ensures that solutions are not only meaningful but also sustainable and scalable, ultimately driving systemic change and creating an environment where families can thrive.




This information is meant to be a general summary of Washington Institute For Financial Security. 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
$447,024 (2022)
Expenses
$890,536 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $481
  • Program Service Revenue: $435,483
  • Gross Receipts: $447,024

Assets and Liabilities:

  • Total Assets: $619,116
  • Total Liabilities: $40,237
  • Net Assets: $578,879

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Programs

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

CONSULTING

Revenue

$435,483

Organization Details

Founding Year

2013

Principal Officer

Rachel Brooks

Main Address

219 FIRST AVE S 300, SEATTLE, WA, 98104

NTEE Category

Code: P05 - Human services

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