Institute For Washingtons Future

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

EIN: 910931421 ✦ Bellingham, WA ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Washingtons Future?

The Institute for Washington's Future is a nonprofit organization committed to promoting sustainable community development. They offer technical assistance to two community groups involved in economic development projects, providing services such as grant writing, administration, fiscal sponsorship, and consulting. Their primary goal is to facilitate the long-term success and improvement of communities, focusing on the overall well-being and growth of the areas they serve.


Official website here: www.4-washington.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Institute for Washington's Future demonstrates some strengths in accountability and financial practices, there are notable areas for improvement that prevent it from achieving a higher rating.

The organization has a strong governance structure, with a fully independent board, no material diversion of assets, and a high program expense ratio of 86.32%, suggesting that the majority of funds are directed towards its programs. The positive aspects of its governance include comprehensive conflict of interest policies and proper documentation of board meeting minutes.

However, the absence of a whistleblower policy and a document retention and destruction policy are significant limitations that could impact transparency and accountability. These missing components may raise concerns among donors and stakeholders regarding the organization's commitment to ethical practices. Overall, while the institute shows a solid commitment to its mission, addressing these governance gaps could enhance its standing in the nonprofit sector.


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

Is Institute For Washingtons Future legitimate?

Institute For Washingtons Future is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Washingtons Future 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: $49,639
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,018

For more financial information, click here


Official website here: www.4-washington.org

What is the mission statement of Institute For Washingtons Future?

The Institute for Washington's Future is dedicated to promoting sustainable community development. In line with this mission, the organization offers technical assistance to two community organizations engaged in economic development projects. This assistance encompasses grant writing and administration, fiscal sponsorship, and consulting. The Institute's goal is to foster sustainable growth and development within communities.


Official website here: www.4-washington.org

Who is the CEO of Institute For Washingtons Future?

Sean Hopps is the Executive Director of Institute For Washingtons Future.


Official website here: www.4-washington.org

What is the revenue of Institute For Washingtons Future?

Institute For Washingtons Future's revenue in 2022 was $1,798,815.


Official website here: www.4-washington.org

Who are the executives of Institute For Washingtons Future and what are their salaries?

The average compensation at Institute For Washingtons Future during 2022 was $17,237. There are 7 employees and 5 volunteers at Institute For Washingtons Future.


Here are 5 key members and their salaries:


Sean Hopps (Executive Director)
  • Compensation: $49,639
  • Related: $0
  • Other: $0
Patrick Hopps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalinda Guillen (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iris Carias (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.4-washington.org

Where can I find the form 990 for Institute For Washingtons Future?

Institute For Washingtons Future's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.4-washington.org

Learn more at the official website: www.4-washington.org

Mission Statement of Institute For Washingtons Future

The Institute for Washington's Future is dedicated to promoting sustainable community development. This nonprofit organization offers technical assistance to two community organizations involved in economic development projects. Their role includes grant writing and administration, fiscal sponsorship, and consulting. The ultimate goal of the Institute for Washington's Future is to facilitate sustainable community growth and development.

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Impact




July, 2024

Institute For Washingtons Future's impact lies in its support for sustainable community development initiatives. By providing technical assistance to community organizations engaged in economic development projects, including grant writing, fiscal sponsorship, and consulting, the institute is actively contributing to the improvement of local communities. Through its mission of sustainable community development, the organization is helping to create long-lasting positive change in Bellingham, Washington, and beyond.




This information is meant to be a general summary of Institute For Washingtons Future. 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
$1,798,815 (2022)
Expenses
$1,672,129 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $487
  • Program Service Revenue: $1,344,132
  • Gross Receipts: $1,798,815

Assets and Liabilities:

  • Total Assets: $892,224
  • Total Liabilities: $3,441
  • Net Assets: $888,783

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Programs

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

RESEARCH AND EDUCATION

Revenue

$1,344,132

Organization Details

Founding Year

1995

Principal Officer

Sean Hopps

Main Address

2720 VALENCIA ST, BELLINGHAM, WA, 98226

NTEE Category

Code: S30 - Community improvement

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