Overview
What is The Way Home Inc?
The Way Home Inc is a compassionate nonprofit organization dedicated to breaking the cycle of crime and despair. Located within the community, they offer comprehensive post-prison support, nurturing hope, self-sufficiency, and community integration for individuals who have completed their prison sentences. Their mission is multifaceted, encompassing holistic assistance that fosters self-reliance and reconnection with society.
Official website here: www.twhprogram.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating. The Way Home Inc has demonstrated strong performance in the area of Accountability & Finance, which contributes to its overall rating. An 88% score signifies that the organization is managing its resources effectively, ensuring transparency and accountability in its operations.
The organization boasts key strengths, including full independence on its board with all eight members being independent. It also maintains a high program expense ratio of 81.45%, indicating that a significant majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, The Way Home Inc has a solid financial structure, with a liabilities to assets ratio of just 1.13%, further reflecting its financial stability.
However, there are areas for improvement, as indicated by the absence of a whistleblower policy and document retention and destruction policies. Addressing these gaps could enhance the organization's governance framework and demonstrate a stronger commitment to ethical practices. Overall, The Way Home Inc shows promise in fulfilling its mission while upholding a commendable level of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Way Home Inc legitimate?
The Way Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Way Home Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,725
For more financial information, click here
Official website here: www.twhprogram.org
What is the mission statement of The Way Home Inc?
The organization, The Way Home Inc., is committed to breaking the cycle of crime and despair for individuals post-prison. They achieve this by offering comprehensive support, fostering a sense of hope, promoting self-sufficiency, and facilitating a connection to the community. Their holistic approach encompasses various post-prison services, aiming to empower individuals to reintegrate into society.
Official website here: www.twhprogram.org
What is the revenue of The Way Home Inc?
The Way Home Inc's revenue in 2023 was $501,422.
Official website here: www.twhprogram.org
Who are the executives of The Way Home Inc and what are their salaries?
The average compensation at The Way Home Inc during 2023 was $28,841. There are 8 employees and 15 volunteers at The Way Home Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.twhprogram.org
Where can I find the form 990 for The Way Home Inc?
The Way Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.twhprogram.org
Learn more at the official website: www.twhprogram.org
Mission Statement of The Way Home Inc
The Way Home Inc is committed to breaking the cycle of crime and despair for individuals following their release from prison. Through its holistic approach, the organization provides support that fosters hope, self-sufficiency, and integration into the community. By offering post-prison services, The Way Home Inc aims to empower these individuals, helping them transition back into society with resilience and purpose.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Way Home Inc helps individuals break free from the cycle of crime and despair by providing holistic support after prison. Through its programs, The Way Home generates hope, self-sufficiency, and connection to the community for those who have been incarcerated, ultimately transforming lives and contributing to a safer and more inclusive society.
This information is meant to be a general summary of The Way Home Inc. 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 2023.
- Program Service Revenue: $17,860
- Gross Receipts: $501,422
Assets and Liabilities:
- Total Assets: $422,884
- Total Liabilities: $4,848
- Net Assets: $418,036
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$17,860
Organization Details
Founding Year
2006
Principal Officer
Caryn Cleveland-Short
Website
www.twhprogram.orgNTEE Category
Code: P99 - Human services
If you are a representative of The Way Home Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.