Better Way Ministries

EIN: 311173550 501(c)(3) Religion

Columbus, OH

Total Revenue
$1,632,294
Total Expenses
$1,654,801
Total Assets
$852,556
Net Assets
$88,568
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
OH
Phone
6145473138
Tax Period
2023-09-01 to 2024-08-31

Better Way Ministries, founded in 1987, is a community nonprofit in the Religion sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

Provide hope to low-income, homeless, and under-served individuals and families.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,485,993
Program Service Revenue $0
Investment Income $135,384
Other Revenue $10,917
TOTAL REVENUE $1,632,294

Expense Breakdown

Grants Paid $571,123
Salaries & Benefits $757,385
Fundraising Expenses $0
Program Expenses $1,299,718
Other Expenses $326,293
TOTAL EXPENSES $1,654,801

Year-over-Year Comparison

2023 2022 Change
Revenue $1,632,294 $1,264,720 +0.3%
Expenses $1,654,801 $1,611,014 +0.0%
Net Income $-22,507 $-346,294 -0.9%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
1
Employees
19
Volunteers
1387

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
$155,966
Total Directors
3
$231,074
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cris Gordon Executive Director 40.0
Officer Director
$37,168 $118,798 $155,966
Steve Campbell President 1.0
Officer Director
$0 $0 $0
Todd Marrah Director 1.0
Director
$0 $63,518 $75,108
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 $1,632,294 $1,654,801 $852,556 $-22,507
2023 $1,264,720 $1,611,014 $943,614 $-346,294
2022 $1,523,951 $1,435,842 $1,186,561 $88,109
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