THE WAY 2 SERVE INC F/K/A THE WAY MINISTRIES INC

EIN: 262154971 501(c)(3) Human Services

OPELIKA, AL

Total Revenue
$351,778
Total Expenses
$276,298
Total Assets
$535,961
Net Assets
$535,705
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
AL
Principal Officer
SHANE KYLES
Phone
3347418432
Tax Period
2024-01-01 to 2024-12-31

THE WAY 2 SERVE INC F/K/A THE WAY MINISTRIES INC, founded in 2008, is a small nonprofit in the Human Services sector that reported $184K in total revenue in fiscal year 2018.

Mission

THE ORGANIZATION ACCEPTS DONATIONS TO RECRUIT VOLUNTEERS TO ASSIST WITH THE FOLLOWING ACTIVITIES: REPAIR HOMES FOR CITIZENS IN NEED; PROVIDE AN AFTER-SCHOOL PROGRAM FOR AT-RISK CHILDREN; AND PROVIDE THE ELDERLY, HOMELESS, AND FAMILIES IN NEED WITH FOOD, EDUCATION AND JOB ASSISTANCE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $200,563
Program Service Revenue $49,236
Investment Income $208
Other Revenue $101,771
TOTAL REVENUE $351,778

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,261
Fundraising Expenses $0
Program Expenses $246,983
Other Expenses $123,037
TOTAL EXPENSES $276,298

Year-over-Year Comparison

2024 2023 Change
Revenue $351,778 $296,951 +0.2%
Expenses $276,298 $259,675 +0.1%
Net Income $75,480 $37,276 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$99,365
Total Directors
11
$99,365
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANE KYLES PRESIDENT 40.00
Officer Director
$70,500 $10,000 $80,500
BRANDI KYLES VICE PRESIDENT/TREAS 40.00
Officer Director
$18,865 $0 $18,865
MIKE FELLOWS BOARD MEMBER 0.00
Director
$0 $0 $0
TOMMY CUMMINGS BOARD MEMBER 0.00
Director
$0 $0 $0
MIKE MCGINTY BOARD MEMBER 0.00
Director
$0 $0 $0
CLINT CHAPMAN BOARD MEMBER 0.00
Director
$0 $0 $0
DANIEL TURNER BOARD MEMBER 0.00
Director
$0 $0 $0
STACY TINSLEY BOARD MEMBER 0.00
Director
$0 $0 $0
BEN BUSH BOARD MEMBER 0.00
Director
$0 $0 $0
KARLA WILSON BOARD MEMBER 0.00
Director
$0 $0 $0
GEORGE MCCULLOH BOARD MEMBER 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $351,778 $276,298 $535,961 $75,480
2023 $296,951 $259,675 $460,225 $37,276
2022 $196,374 $165,991 $422,949 $30,383
2021 $228,214 $192,346 $392,566 $35,868
2020 $184,776 $159,790 $357,615 $24,986
2019 $146,952 $158,948 $333,530 $-11,996
2018 $184,432 $181,910 $346,442 $2,522
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