EAST WAYNE STREET CENTER INC

EIN: 351587206 501(c)(3) Education

FORT WAYNE, IN

Total Revenue
$131,456
Total Expenses
$256,561
Total Assets
$291,398
Net Assets
$200,573
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
IN
Principal Officer
REPPARD HORNE
Phone
2604226502
Tax Period
2023-11-01 to 2024-10-31

EAST WAYNE STREET CENTER INC, founded in 1984, is a small nonprofit in the Education sector that reported $131K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $257K exceeded revenue, resulting in a 95% operating deficit.

Mission

EAST WAYNE STREET CENTER IS A NONPROFIT ORGANIZATION FOCUSED ON STRENGTHENING FAMILIES AND INDIVIDUALS, EMPOWERING THEM TO BECOME SELF- SUFFICIENT THROUGH ACADEMIC AND VOCATIONAL EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $72,590

PROJECT SOLVE IS AN ACRONYM FOR STEPPING ON THE LADDER OF VOCATIONAL EDUCATION. SINCE THE INCEPTION OF THE PROJECT SOLVE PROGRAM, OVER TWO HUNDRED STUDENTS HAVE EARNED A HIGH SCHOOL EQUIVALENCY...

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PROJECT SOLVE IS AN ACRONYM FOR STEPPING ON THE LADDER OF VOCATIONAL EDUCATION. SINCE THE INCEPTION OF THE PROJECT SOLVE PROGRAM, OVER TWO HUNDRED STUDENTS HAVE EARNED A HIGH SCHOOL EQUIVALENCY DIPLOMA AND THE AVERAGE ANNUAL CLASS ENROLLMENT IS BETWEEN 45 AND 60 STUDENTS. MANY OF THESE STUDENTS HAVE USED THIS ACCOMPLISHMENT TO OBTAIN EMPLOYMENT WHILE OTHERS HAVE ENTERED POST-SECONDARY INSTITUTIONS IN PURSUIT OF A COLLEGE DEGREE. THE PROJECT SOLVE PROGRAM MEASURES ENROLLMENT, ATTENDANCE, GRADUATION, AND ACADEMIC LEVEL GAINS MADE IN READING, MATH, AND LANGUAGE. IT ALSO ENHANCES COMPETENCE IN COMMUNICATIONS SKILLS AND CRITICAL THINKING. STUDENTS CAN CHOOSE VOCATIONAL TRAINING SUCH AS WELDING OR CNA TRAINING TO RECEIVE INDUSTRY CERTIFICATIONS.

Program 2
Expenses: $61,545

THE FAMILY LITERACY PROGRAM IS A NATIONAL LITERACY PROGRAM THAT BEGAN IN 1994 WITH THE OVERALL OBJECTIVE OF PROVIDING EDUCATIONAL, PARENTING, AND SOCIAL RESOURCES TO THE ENTIRE FAMILY UNIT INSTEAD OF...

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THE FAMILY LITERACY PROGRAM IS A NATIONAL LITERACY PROGRAM THAT BEGAN IN 1994 WITH THE OVERALL OBJECTIVE OF PROVIDING EDUCATIONAL, PARENTING, AND SOCIAL RESOURCES TO THE ENTIRE FAMILY UNIT INSTEAD OF SIMPLY THE CHILD OR THE PARENT. THE PROGRAM ENCOURAGES FAMILIES TO LEARN TOGETHER AND PRACTICE LITERACY BEHAVIORS WHILE PROVIDING ACCESS TO PARENTING SKILLS, JOB SKILLS, AND HSE PREPARATION. THE FAMILY LITERACY PROGRAM ALSO MEASURES ENROLLMENT, ATTENDANCE, GRADUATION, AND ACADEMIC LEVEL GAINS MADE IN READING, MATH, AND, LANGUAGE. STUDENTS ARE INITIALLY TESTED TO DETERMINE ACADEMIC LEVELS, AFTER 30-40 HOURS OF CLASS INSTRUCTION THE STUDENTS ARE TESTED AGAIN TO MEASURE ACADEMIC PROGRESS. A PARENTING RESOURCE IS ALSO AVAILABLE TO STUDENTS WHERE THEY CAN DISCUSS COMMON ISSUES AND SHARE RESOURCES AND STRATEGIES. EWSC HAS ALSO ADJUSTED THE PROGRAM ELIGIBILITY REQUIREMENTS TO INCLUDE FAMILIES WITHOUT CHILDREN. TRANSPORTATION AND CHILD CARE ARE AVAILABLE FOR BOTH PROGRAMS AS WELL AS ACCESS TO THE CENTER'S FOOD AND CLOTHING BANK.

Program 3
Expenses: $13,968

OUTREACH: THE EWSC FOOD BANK IS A PROGRAM PROVIDED TO THE COMMUNITY TO PROVIDE FOOD FOR LOW-INCOME INDIVIDUALS WHO ARE IN NEED. THE FOOD BANK IS OPEN TWICE A WEEK FOR TWO HOURS A DAY. THE CENTER HAS...

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OUTREACH: THE EWSC FOOD BANK IS A PROGRAM PROVIDED TO THE COMMUNITY TO PROVIDE FOOD FOR LOW-INCOME INDIVIDUALS WHO ARE IN NEED. THE FOOD BANK IS OPEN TWICE A WEEK FOR TWO HOURS A DAY. THE CENTER HAS BEEN IMPLEMENTING THIS PROGRAM SINCE 1983.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $90,613
Program Service Revenue $0
Investment Income $3
Other Revenue $40,840
TOTAL REVENUE $131,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $133,591
Fundraising Expenses $51,227
Program Expenses $148,103
Other Expenses $122,970
TOTAL EXPENSES $256,561

Year-over-Year Comparison

2023 2022 Change
Revenue $131,456 $151,603 -0.1%
Expenses $256,561 $288,466 -0.1%
Net Income $-125,105 $-136,863 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
29

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
5
$74,227
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REPPARD HORNE EXECUTIVE DI 40.00
Officer
$57,700 $16,527 $74,227
STEVE COLLINS CHAIR 1.00
Officer Director
$0 $0 $0
MARY SCHMIDT VICE CHAIR 1.00
Officer Director
$0 $0 $0
DIANA JACKSON TREASURER 1.00
Officer Director
$0 $0 $0
DONALD GAGE SECRETARY 1.00
Officer Director
$0 $0 $0
NICOLE COREY DIRECTOR 1.00
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 $131,456 $256,561 $291,398 $-125,105
2023 $151,603 $288,466 $391,257 $-136,863
2022 $384,281 $331,323 $500,111 $52,958
2021 $263,829 $324,072 $431,129 $-60,243
2020 $379,776 $338,845 $525,280 $40,931
2019 $248,195 $316,567 $442,074 $-68,372
2018 $195,160 $346,847 $522,279 $-151,687
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