W-A-Y Widening Advancements for Youth

EIN: 273319122 501(c)(3) Education

Belleville, MI

Total Revenue
$4,946,853
Total Expenses
$5,084,589
Total Assets
$228,546
Net Assets
$191,659
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MI
Principal Officer
Glen Taylor
Phone
3134449292
Tax Period
2024-07-01 to 2025-06-30

W-A-Y Widening Advancements for Youth, founded in 2010, is a community nonprofit in the Education sector that reported $4.9M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

Provide online learning and qualified teachers to high school students through local school districts. Also provide management support to charter schools.

Program Service Accomplishments

Program 1
Expenses: $1,657,056 Revenue: $1,487,402

Provided online learning and qualified teachers to about 102 high school students through 6 local school districts.

Program 2
Expenses: $2,330,544 Revenue: $3,459,451

Provide management services to two W-A-Y Accadamies, or one charter schools. 456 students

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,946,853
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,946,853

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,193,198
Fundraising Expenses $0
Program Expenses $3,987,600
Other Expenses $1,891,391
TOTAL EXPENSES $5,084,589

Year-over-Year Comparison

2024 2023 Change
Revenue $4,946,853 $5,379,841 -0.1%
Expenses $5,084,589 $5,125,087 0.0%
Net Income $-137,736 $254,754 -1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
61
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
$267,050
Total Directors
5
$159,050
Key Employees
2
$297,875
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sherry Lynem Director of finance 40.00
Officer Director
$159,050 $0 $159,050
Michelle Sarkody Board secretary 4.00
Director
$0 $0 $0
Isaiah Pettway Superintendent of Charter Schools 40.00
Key Emp Highest
$132,875 $0 $132,875
Madeline Black Executive Director 40.00
Key Emp Highest
$165,000 $0 $165,000
Trena Braswell Director of Charter Schools 40.00
Officer
$108,000 $0 $108,000
John Taylor Board vice president 2.00
Director
$0 $0 $0
Adam Fisher Director 2.00
Director
$0 $0 $0
Dave Strudwick Board president 2.00
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
2025 $4,946,853 $5,084,589 $228,546 $-137,736
2024 $5,379,841 $5,125,087 $363,238 $254,754
2023 $6,547,425 $6,848,969 $114,397 $-301,544
2022 $7,740,309 $7,646,638 $395,880 $93,671
2021 $6,799,308 $6,563,948 $282,521 $235,360
2020 $6,245,066 $6,311,856 $455,430 $-66,790
2019 $6,958,973 $7,067,982 $213,945 $-109,009
2018 $6,864,321 $6,864,927 $251,488 $-606
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