Farestart
Seattle, Washington
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Employment with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $19,063,456↑12% | $18,232,008↓14% | $20,369,224 | — |
| 2022 | $17,013,984↓16% | $21,129,205↑38% | $20,280,851↓20% | — |
| 2021 | $20,206,425↓20% | $15,306,993↓31% | $25,249,584↑8% | — |
| 2020 | $25,167,456↑22% | $22,306,014↑6% | $23,283,228↑12% | — |
| 2019 | $20,628,224↓3% | $21,102,787↓4% | $20,710,837↓31% | — |
| 2018 | $21,180,717↑8% | $22,057,809↑15% | $30,116,931↓36% | — |
| 2017 | $19,563,851↑55% | $19,123,764↑38% | $47,351,047↑229% | — |
| 2016 | $12,650,980 | $13,837,713↑12% | $14,397,248↓6% | — |
| 2015 | $12,624,424↑8% | $12,366,745↑17% | $15,338,477↑3% | — |
| 2014 | $11,741,615↑34% | $10,561,165↑22% | $14,836,898↑3% | — |
| 2013 | $8,774,924↓35% | $8,680,499↑3% | $14,409,753↑13% | — |
| 2012 | $13,585,166↑95% | $8,402,255↑16% | $12,766,814↓46% | — |
| 2011 | $6,949,432 | $7,243,371 | $23,817,337 | — |
Frequently Asked Questions
What does Farestart do?▼
Farestart is a employment nonprofit organization based in Washington. It is classified under NTEE code J220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Farestart financially healthy?▼
Based on our 9-metric Financial Health Score model, Farestart has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Farestart generate?▼
Farestart reports $14.7M in annual revenue and holds $22.0M in total assets, based on IRS filings.
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