Northwest Hub

Nonprofit profile at a glance

EIN
320439729
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Salem, OR, USA
Phone
5035841052
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.

Official website

Reported finances

Revenue
$610,193
Expenses
$566,637
Assets
$109,429
Liabilities
$53,953

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • MATT STONE (PRESIDENT)

Highest reported compensation

  • KIRK A SEYFERT (EXECUTIVE DI): $69,550 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Northwest hub mobilizes and empowers through bicycle reclamation, skill/vocational training and bicycle waste diversion. Clients gain mobility and skills needed to journey through life transitions ie probation reentry, dependency treatment, resettlement and homelessness. Discounts, income-based sales and service provided to the broader community.

What it reported doing in 2024

Recycling and reuse northwest hub diverts bicycle-related waste from area landfills through our collaboration with marion county environmental services. In addition to refurbishing approximately 1,200 bicycles and reuse of thousands of components, tires and tubes, 56,302 pounds steel and alloy from bicycle-related waste was recycled. Volunteer purchase program the northwest hub provided 463 complete bicycle commuter packages for essential transportation. These commuter packages include a bicycle, high security u-lock, lights, helmet, and essential accessories, allowing clients to seek employment, commute to work and meet basic transportation needs (refurbished bikes, locks, lights, and helmets require 67 wholesale goods per recipient, atop staff time, training, and each donated bicycle's market value. Referred predominantly by parole resources, Oregon youth authority, homeless shelters, treatment programs and salem for refugees. Bike recipients commute by bike because they cannot afford or rely upon salem's limited public transportation system. Trainees received over 4,496 hours of skills training and oversight of bicycle reclamation and repair efforts. Vocational rehabilitation and skills training northwest hub completed another year of vocational training for young adults who are on probation and/or homeless. A total of five young people participated in a 6-month program which provides them life skills training, job training, licensed counseling, and transitional employment. Five interns successfully procured employment or higher educational opportunities upon graduation. The northwest hub currently employs five staff hired through vocational rehabilitation programs through Oregon employment department, easter seals, and northwest hub's frame up program. As a contract provider for oed and dhs's skills training and employment program and easter seals scsep program, four current participants are receiving technical and job training. Other services provided we served low income students at 8 community events during the past fiscal year. Safe routes to schools accounted for most events in which we offered free repairs and helmets to predominantly title-one student families. Additionally, we distributed 47 bikes and provided 104 bicycle commuter packages to low-income communities in north marion county. Income based donations and discounts reduced and no cost goods and services were provided to snap beneficiaries and low income clients. This included 70,763 free in store goods and services; 21,736 income based discounts.

Operating model

Revenue model
Grant-funded. 76% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 74%; rating input score 74
  • Fundraising efficiency: $6.34 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7.1%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.49; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 12.3%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 12.6% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 6.3% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 74% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $419K in reported program spending
  • Leadership: top reported pay $70K · 6 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.