NUWAY COMMUNITY SERVICES INC

EIN: 364113338 501(c)(3) Mental Health

CHICAGO, IL

Total Revenue
$1,880,298
Total Expenses
$1,837,927
Total Assets
$1,479,705
Net Assets
$1,479,705
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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
1996
Legal Domicile
IL
Phone
7737232790
Tax Period
2024-07-01 to 2025-06-30

NUWAY COMMUNITY SERVICES INC, founded in 1996, is a community nonprofit in the Mental Health sector that reported $1.9M in total revenue in fiscal year 2024.

Mission

DRUG REHABILITATION CLINIC

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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 $1,880,298
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,880,298

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,055,194
Fundraising Expenses $0
Program Expenses $1,600,243
Other Expenses $782,733
TOTAL EXPENSES $1,837,927

Year-over-Year Comparison

2024 2023 Change
Revenue $1,880,298 $1,790,377 +0.1%
Expenses $1,837,927 $1,852,949 0.0%
Net Income $42,371 $-62,572 -1.7%
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
4
Independent Members
3
Employees
26
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OLAJIDE SOLOLA PRESIDENT AND HUMAN RESOURCES 40.00
Highest
$173,269 $0 $173,269
YISA BALOGUN MEMBER 0.00
Director
$0 $0 $0
FATAYI ANIMASHAUN MEMBER 0.00
Director
$0 $0 $0
BABAJIDE LABINJO 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
2025 $1,880,298 $1,837,927 $1,479,705 $42,371
2024 $1,790,377 $1,852,949 $1,462,334 $-62,572
2023 $2,429,545 $1,864,133 $1,524,906 $565,412
2022 $1,652,543 $1,536,409 $937,990 $116,134
2021 $1,898,462 $1,589,668 $821,206 $308,794
2020 $1,690,202 $1,629,136 $784,874 $61,066
2019 $1,926,279 $1,747,994 $452,501 $178,285
2018 $1,457,592 $1,397,578 $816,792 $60,014
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