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Wakway Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813860666 ✦ Scottsdale, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Wakway Inc?

Wakway Inc is a forward-thinking nonprofit organization situated somewhere, as the provided information does not specify a location. Their mission is centered around innovation, with a focus on repurposing food and providing support to small-scale farming operations. Furthermore, Wakway Inc fosters career opportunities in agriculture by mentoring and employing students in this field. Beyond their primary objectives, they also extend kindness by offering meals and thoughtful gifts to individuals in need. Essentially, Wakway Inc serves as a bridge between sustainable agriculture, educational initiatives, and community outreach.


Official website here: www.wakway.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 66%, Two-Star out of Four Star rating.

Wakway Inc has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and finance management. The organization scores well in several areas, including having a fully independent board and a high program expense ratio of 88.82%, suggesting that most of its resources are directed towards its mission. Additionally, there are no reported issues with asset diversion, which reflects positively on its financial integrity.

However, the rating also highlights significant limitations, particularly the absence of key policies such as a conflict of interest policy, whistleblower policy, and documentation retention and destruction policy. These missing elements may raise concerns about governance practices and transparency. While the organization performs well in terms of financial management, addressing these policy gaps could enhance its overall accountability and trustworthiness in the eyes of donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Wakway Inc?

Though Wakway Inc has not yet received an official rating, the two reviews on Facebook reflect a positive sentiment about the organization. One user praised it as a "great foundation that helps the less fortunate," indicating that the nonprofit is doing meaningful work in the community.

With only a couple of reviews available, it's clear that the organization has made a positive impression on at least some individuals. The emphasis on helping those in need suggests that Wakway Inc may be successfully fulfilling its mission and has strong potential for growth in community support.

Overall, the early comments suggest a promising start for Wakway Inc, with an encouraging view from those who have interacted with or observed the charity's initiatives.


This AI summary has been generated from reviews found on Facebook.

Is Wakway Inc legitimate?

Wakway Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wakway Inc submitted a form 990EZ, 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.


Official website here: www.wakway.org

What is the mission statement of Wakway Inc?

Wakway Inc, in its mission, innovatively utilizes food to find new purposes, aids small-scale farming operations, and fosters career opportunities for agriculture students. The organization extends its efforts by offering meals and gifts to individuals in need. In essence, Wakway Inc strives to reduce food waste, promote sustainable agriculture, and contribute to community support.


Official website here: www.wakway.org

Who is the CEO of Wakway Inc?

Wilbur Don Wakamatsu is the President of Wakway Inc.


Official website here: www.wakway.org

What is the revenue of Wakway Inc?

Wakway Inc's revenue in 2022 was $53,181.


Official website here: www.wakway.org

Who are the executives of Wakway Inc and what are their salaries?


Here are 2 key members and their salaries:


Michelle Campbell-Truman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilbur Don Wakamatsu (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wakway.org

Where can I find the form 990EZ for Wakway Inc?

Wakway Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.wakway.org

Learn more at the official website: www.wakway.org

Mission Statement of Wakway Inc

WakWay Inc, a forward-thinking organization, is devoted to revolutionizing the food industry in a unique manner. Their mission encompasses the repurposing of food, the support of small-scale farmers, and the creation of career opportunities in agriculture for students. Beyond these efforts, WakWay also extends its reach to those in need by providing them with nutritious meals and thoughtful gifts. By combining these initiatives, WakWay effectively addresses food waste, strengthens local agriculture, and uplifts future agricultural professionals, all while offering assistance to those who require it.

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Impact




August, 2024

Wakway Inc's impact can be seen in its innovative approach to repurposing food, support for small farms, and creation of job pathways for agriculture students. By providing meals and gifts to those in need, Wakway Inc not only addresses food waste and food insecurity but also supports local farming communities and empowers future generations of agricultural workers. Its commitment to human services and sustainable practices demonstrates a tangible and positive impact on individuals and communities in Scottsdale, Arizona, and beyond.




This information is meant to be a general summary of Wakway 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.

Revenue
$53,181 (2022)
Expenses
$44,482 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $61,737

Assets and Liabilities:

  • Total Assets: $29,437
  • Total Liabilities: $11,607
  • Net Assets: $17,830

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Organization Details

Principal Officer

Wilbur Don Wakamatsu

Main Address

PO BOX 13031, SCOTTSDALE, AZ, 85267

NTEE Category

Code: P20 - Human services

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