Overview
What is Way Back Inn Foundation?
Way Back Inn Foundation is a nonprofit organization based in Renton, Washington. Their primary focus is on offering transitional housing to homeless families with children, providing them with a stable environment for up to two years. This housing service, coupled with aid for rent, utilities, and moving expenses, empowers families in danger of losing their homes. In 2022, Way Back Inn assisted over 40 families, with 70% of them successfully transitioning to permanent housing, longer-term transitional housing, or supportive housing. Moreover, the foundation encourages educational pursuits, as 80% of the families they served were under the area's median income. The Seattle region's rising homelessness has increased the demand for Way Back Inn's services, making their mission more crucial than ever.
Official website here: www.way-back-inn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%
The Way Back Inn Foundation has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial health. With an impressive accountability score of 93%, the organization demonstrates a commitment to transparency and ethical governance, evidenced by a fully independent board and no material diversion of assets. However, the absence of a whistleblower policy is noted as a limitation.
User reviews highlight the effectiveness and dedication of the organization, particularly its efforts in providing transitional housing for homeless families with children in South King County. Volunteers commend the low overhead costs which ensure that the majority of funds directly support those in need. The organization's impact is further emphasized by its ability to exceed annual goals, even amid challenging economic conditions.
Overall, the Way Back Inn Foundation is recognized for its commitment to helping vulnerable populations, particularly children experiencing homelessness. The strong volunteer base and community support underscore its positive reputation within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Way Back Inn Foundation legitimate?
Way Back Inn Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Way Back Inn Foundation 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: $3,200
Other Salaries and Wages: $90,537
For more financial information, click here
Official website here: www.way-back-inn.org
What is the mission statement of Way Back Inn Foundation?
The Way Back Inn Foundation's mission is centered around providing transitional housing to homeless families with children, offering them a safe and secure place to stay for a period ranging from 30 days to two years. This initiative aims to provide these families with a stable environment, enabling them to conduct education and job searches effectively. In addition to housing, the foundation offers assistance with rent and utility payments, as well as moving expenses, to families in danger of losing their homes. In 2022, the foundation helped over 40 families, with the majority of those who stayed in their houses successfully transitioning to either permanent housing, long-term transitional housing, or supportive housing. As a result of this assistance, many families were able to enroll in continuing education, and a significant number of the households served were under 30% of the area median income.
Official website here: www.way-back-inn.org
Who is the CEO of Way Back Inn Foundation?
Kajal Ram is the President of Way Back Inn Foundation.
Official website here: www.way-back-inn.org
What is the revenue of Way Back Inn Foundation?
Way Back Inn Foundation's revenue in 2022 was $189,425.
Official website here: www.way-back-inn.org
Who are the executives of Way Back Inn Foundation and what are their salaries?
The average compensation at Way Back Inn Foundation during 2022 was $22,634. There are 4 employees and 75 volunteers at Way Back Inn Foundation.
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Official website here: www.way-back-inn.org
Where can I find the form 990 for Way Back Inn Foundation?
Way Back Inn Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.way-back-inn.org
Learn more at the official website: www.way-back-inn.org
Mission Statement of Way Back Inn Foundation
Way Back Inn Foundation, a nonprofit organization, is dedicated to providing transitional housing to homeless families with children. Their mission is to help these families rebuild their lives, restore their dignity, and regain their self-confidence. By offering secure housing for periods ranging from 30 days to two years, Way Back Inn provides a stable environment that allows individuals to focus on education, occupation searches, and overall life improvements. Additionally, the foundation assists these families with housing rent, utility, and moving expenses to prevent them from losing their current residences. In 2022, Way Back Inn aided over 40 families (144 individuals), with 70% of these families successfully transitioning to either permanent housing, longer-term transitional housing, or supportive housing. The organization's efforts have also led to an increase in enrollment in continuing education among the households they serve, with many falling below 30% of the area median income.
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Impact
October, 2024
Way Back Inn Foundation significantly impacts the lives of homeless families with children in the Renton, WA area by providing vital transitional housing and support services. Offering secure accommodations for up to two years, the foundation creates a stable environment that allows families to focus on rebuilding their lives.
In 2022 alone, Way Back Inn assisted over 40 families, helping 144 individuals secure housing and regain stability. More than 70% of these families successfully transitioned to permanent housing solutions or longer-term transitional and supportive housing. Such outcomes underscore the effectiveness of the program in providing not just a roof over their heads, but also a foundation for education and employment opportunities.
The foundation also addresses the pressing needs of families at risk of losing their current residences by offering financial assistance for rent, utilities, and moving expenses. Particularly noteworthy is that 80% of households served were living under 30% of the area median income, highlighting the foundation’s commitment to supporting some of the most vulnerable residents.
By focusing on the dignity, self-confidence, and long-term stability of families, Way Back Inn is responding to the rising homelessness crisis in the Seattle area, proving that with the right support, families can rebuild and thrive.
This information is meant to be a general summary of Way Back Inn Foundation. 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 2022.
- Investment Income: $513
- Program Service Revenue: $20,968
- Gross Receipts: $199,181
Assets and Liabilities:
- Total Assets: $594,408
- Total Liabilities: $7,669
- Net Assets: $586,739
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fee
Revenue
$20,968
Organization Details
Founding Year
1992
Phone
(425) 387-3627Principal Officer
Kajal Ram
Main Address
PO Box 621, Renton, WA, 98057
Website
www.way-back-inn.orgNTEE Category
Code: Z99Z - Unknown
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