Overview
What is Northwest Access Fund?
Northwest Access Fund is a nonprofit organization, specifically located in Shoreline, Washington, dedicated to supporting individuals with disabilities. Their primary mission involves offering customized low-interest loans for assistive technology and home/vehicle accessibility modifications. These loans aim to enhance independence, financial resilience, and the pursuit of various life opportunities. Additionally, the fund provides Individual Development (matched savings) accounts for assistive technology or employment-related assets, and offers financial education and capability services to boost financial knowledge, savings rates, and credit scores. The organization's work is designed to empower individuals with disabilities, enhancing their access to essential resources and promoting financial stability.
Official website here: www.nwaccessfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Northwest Access Fund demonstrates a strong performance with a Four-Star rating from Charity Navigator, reflecting its robust accountability and financial practices. The organization boasts a stellar 96% score in Accountability & Finance, highlighting its commitment to transparency and responsible management of resources. Key factors contributing to this rating include a fully independent board, comprehensive financial oversight, and well-documented governance policies.
The nonprofit has demonstrated exemplary practices with no material diversion of assets and adherence to policies regarding conflicts of interest and whistleblower protections. Additionally, its liabilities to assets ratio of 12.91% indicates solid financial health, allowing it to maintain effective operations while managing its obligations. The high program expense ratio of 79.72% illustrates that a significant majority of its funds are directed towards its mission-related activities.
Despite these strengths, potential limitations in user feedback or specific program evaluations were not noted in the available data. Overall, Northwest Access Fund's strong rating suggests reliability and effectiveness in fulfilling its mission to support individuals with disabilities through access to assistive technology.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Northwest Access Fund?
90% of 10 reviewers on Facebook recommend Northwest Access Fund. Here is a summary of their reviews:
The sentiment surrounding Northwest Access Fund is overwhelmingly positive, as many users express gratitude for the support provided by the organization. One reviewer specifically highlighted how the assistance from the nonprofit made it possible for them to acquire essential hearing aids, emphasizing the impactful role Northwest Access Fund plays in improving lives.
Overall, the feedback reflects a strong appreciation for the services rendered, suggesting that the nonprofit effectively fulfills its mission and meets the needs of its community. The expressions of thankfulness from users indicate that they feel valued and supported.
This AI summary has been generated from reviews found on Facebook.
Is Northwest Access Fund legitimate?
Northwest Access Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Access Fund 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: $122,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $669,235
For more financial information, click here
Official website here: www.nwaccessfund.org
What is the mission statement of Northwest Access Fund?
The Northwest Access Fund's mission is to assist individuals with disabilities by offering customized loans, financial coaching, and various resources. Their primary goal is to promote access to assistive technology, foster independence, enhance financial resilience, and provide opportunities for a better life. The fund provides low-interest loans for assistive technology and home/vehicle modifications, as well as individual development accounts for assets needed for employment or self-employment. Furthermore, they offer financial education and capability services to improve financial knowledge, savings rate, and debt management skills.
Official website here: www.nwaccessfund.org
Who is the CEO of Northwest Access Fund?
Emerson Sekins is the President of Northwest Access Fund.
Official website here: www.nwaccessfund.org
What is the revenue of Northwest Access Fund?
Northwest Access Fund's revenue in 2022 was $1,297,717.
Official website here: www.nwaccessfund.org
Who are the executives of Northwest Access Fund and what are their salaries?
The average compensation at Northwest Access Fund during 2022 was $60,888. There are 13 employees and 20 volunteers at Northwest Access Fund.
Here are 14 key members and their salaries:
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- Compensation: $98,917
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- Other: $12,097
Official website here: www.nwaccessfund.org
Where can I find the form 990 for Northwest Access Fund?
Northwest Access Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwaccessfund.org
Learn more at the official website: www.nwaccessfund.org
Mission Statement of Northwest Access Fund
Northwest Access Fund is committed to aiding individuals with disabilities by offering tailored loans, financial coaching, and various resources. Their mission is to promote access to assistive technology, foster independence, enhance financial resilience, and expand life opportunities for these individuals. By providing low-interest loans for assistive technology and home and vehicle modifications, as well as offering individual development accounts for assets needed to maintain employment or self-employment, Northwest Access Fund empowers individuals with disabilities to improve their quality of life. Additionally, their financial education and financial capability services aim to increase financial knowledge, boost saving rates, lower debt, enhance credit scores, and help individuals meet their financial goals, thereby contributing to their overall financial well-being.
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Impact
July, 2024
Northwest Access Fund's impact extends beyond just providing loans and financial coaching to individuals with disabilities. By promoting access to assistive technology, independence, financial resilience, and life opportunities, the organization is actively contributing to the empowerment of individuals who face unique challenges due to their disabilities. Through low-interest loans, individual development accounts, and financial education services, Northwest Access Fund is enabling individuals to enhance their quality of life, pursue employment opportunities, and improve their financial well-being. This holistic approach not only provides essential financial support but also fosters a sense of independence and self-sufficiency among those served by the organization. Overall, Northwest Access Fund's work is making a significant difference in the lives of people with disabilities, helping them overcome barriers and achieve their full potential.
This information is meant to be a general summary of Northwest Access Fund. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,640
- Program Service Revenue: $119,570
- Gross Receipts: $1,341,002
Assets and Liabilities:
- Total Assets: $4,675,212
- Total Liabilities: $603,595
- Net Assets: $4,071,617
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$119,070
FEE INCOME
Revenue
$500
Organization Details
Founding Year
1999
Phone
(206) 328-5116Principal Officer
Emerson Sekins
Main Address
PO BOX 55759, SHORELINE, WA, 98155
Website
www.nwaccessfund.orgNTEE Category
Code: P12 - Human services
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