Overview
What is Our Way Inc?
Our Way Inc is a nonprofit organization situated in Merrill, Wisconsin. With a team of 50 dedicated individuals, their primary mission is to offer support, training, supervision, and care to individuals with developmental disabilities at a facility known as the Forward House. Their activities are centered around empowering these individuals to lead fulfilling lives, promoting their independence and overall well-being.
Official website here: www.ourwayhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while Our Way Inc demonstrates some strong practices, there are significant areas that require improvement, particularly in governance and transparency.
The organization boasts a fully independent board of directors, showcasing strong governance with 100% independent members and no material diversion of assets. Its financial practices appear stable, as indicated by a low liabilities to assets ratio of 0.27% and a commendable program expense ratio of 65.34%. These factors suggest that the organization is efficiently managing its financial resources and prioritizing its programmatic expenses.
However, the absence of essential policies, such as a whistleblower policy and document retention and destruction policy, raises concerns about transparency and accountability. While the organization has established some solid governance structures, addressing these missing elements could significantly enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Our Way Inc legitimate?
Our Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Way 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: $66,065
Professional Fundraising Fees: $0
Other Salaries and Wages: $892,238
For more financial information, click here
Official website here: www.ourwayhomes.org
What is the mission statement of Our Way Inc?
Our Way Inc is dedicated to providing support, training, supervision, and care for individuals with developmental disabilities. This mission is carried out at their facility known as The Forward House. Their primary goal is to enhance the lives of these individuals, ensuring they receive the necessary aid and guidance to lead fulfilling lives. The organization focuses on empowering these individuals, equipping them with essential skills and resources to navigate their daily lives effectively.
Official website here: www.ourwayhomes.org
What is the revenue of Our Way Inc?
Our Way Inc's revenue in 2023 was $1,527,182.
Official website here: www.ourwayhomes.org
Who are the executives of Our Way Inc and what are their salaries?
The average compensation at Our Way Inc during 2023 was $21,780. There are 44 employees at Our Way Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $31,028
- Related: $0
- Other: $0
- Compensation: $27,475
- Related: $0
- Other: $0
- Compensation: $7,562
- Related: $0
- Other: $0
Official website here: www.ourwayhomes.org
Where can I find the form 990 for Our Way Inc?
Our Way Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ourwayhomes.org
Learn more at the official website: www.ourwayhomes.org
Mission Statement of Our Way Inc
Our Way Inc, a nonprofit organization, is dedicated to providing support, training, supervision, and care to individuals with developmental disabilities. The mission of Our Way Inc is to foster an environment that empowers these individuals to lead fulfilling lives. This is achieved through various means, including offering support at the Forward House, a facility that provides a nurturing space for their growth and development. The organization's primary goal is to equip these individuals with the necessary skills and resources to navigate their daily lives independently and with dignity. By offering comprehensive care, Our Way Inc strives to enhance the quality of life for those with developmental disabilities, enabling them to reach their full potential.
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Impact
July, 2024
Our Way Inc makes a significant impact by providing essential support, training, supervision, and care to developmentally disabled individuals in Merrill, WI. Their work at the Forward House directly benefits those in need, enabling individuals with developmental disabilities to lead more fulfilling and independent lives. Through their dedicated mission focus, Our Way Inc positively impacts the lives of these individuals and contributes to the overall well-being of the community. Their efforts in the field of human services are crucial in ensuring that every individual receives the support they need to thrive.
This information is meant to be a general summary of Our Way 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.
- Investment Income: $75
- Program Service Revenue: $1,527,107
- Gross Receipts: $1,527,182
Assets and Liabilities:
- Total Assets: $1,617,445
- Total Liabilities: $197,123
- Net Assets: $1,420,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$1,527,091
Organization Details
Founding Year
1981
Principal Officer
Jill Weber
Website
www.ourwayhomes.orgNTEE Category
Code: P82 - Human services
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