WAYFORWARD RESOURCES INC

EIN: 391484945 501(c)(3) Human Services

MIDDLETON, WI

Total Revenue
$6,195,506
Total Expenses
$6,047,549
Total Assets
$4,643,630
Net Assets
$4,030,730
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
WI
Principal Officer
ELLEN CARLSON
Phone
6088367338
Tax Period
2023-04-01 to 2024-03-31

WAYFORWARD RESOURCES INC, founded in 1984, is a community nonprofit in the Human Services sector that reported $6.2M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

WAYFORWARD RESOURCES, INC. BRINGS OUR COMMUNITY TOGETHER TO CREATE FOOD AND HOUSING SECURITY THROUGH ACTION AND ADVOCACY.

Program Service Accomplishments

Program 1
Expenses: $4,033,483 Revenue: $0

FOOD SECURITY (PANTRY AND CLOTHING CENTER) - THE FOOD PANTRY OPERATES FIVE DAYS A WEEK AND SERVES ALL OF DANE COUNTY. GUESTS CAN VISIT AS OFTEN AS THEY NEED. DELIVERIES PROVIDE ACCESS TO FOOD FOR...

Read more

FOOD SECURITY (PANTRY AND CLOTHING CENTER) - THE FOOD PANTRY OPERATES FIVE DAYS A WEEK AND SERVES ALL OF DANE COUNTY. GUESTS CAN VISIT AS OFTEN AS THEY NEED. DELIVERIES PROVIDE ACCESS TO FOOD FOR THOSE WHO STRUGGLE WITH TRANSPORTATION OR MOBILITY. THE FOOD PANTRY PROVIDES ACCESS TO NUTRITIOUS FOOD SUCH AS PRODUCE, PROTEIN SOURCES, AND DAIRY YEAR-ROUND. THE CLOTHING CENTER PROVIDES FREE CLOTHING. ON OUR BUSIEST DAY OF THE WEEK ABOUT 800 PEOPLE ACCESS FOOD.

Program 2
Expenses: $1,014,361 Revenue: $0

HOUSING STABILITY - THROUGH THE HOUSING STABILITY PROGRAM, CASE MANAGERS ASSESS AND PROVIDE SUPPORT TO HOUSEHOLDS, INCLUDING FINANCIAL ASSISTANCE TO HELP PREVENT EVICTION AND MAINTAIN LONG-TERM...

Read more

HOUSING STABILITY - THROUGH THE HOUSING STABILITY PROGRAM, CASE MANAGERS ASSESS AND PROVIDE SUPPORT TO HOUSEHOLDS, INCLUDING FINANCIAL ASSISTANCE TO HELP PREVENT EVICTION AND MAINTAIN LONG-TERM STABLE HOUSING. FAMILIES CAN RECEIVE ASSISTANCE WITH RENT, SECURITY DEPOSITS, UTILITIES, AND OTHER BILLS. IN ADDITION, AN OUTREACH CASE MANAGER WORKS WITH AREA ORGANIZATIONS TO FACILITATE BROADER ACCESS TO SERVICES FOR OUR COMMUNITY. ABOUT 700 HOUSEHOLDS RECEIVED HOUSING STABILITY FUNDS IN THE MOST RECENT FISCAL YEAR.THE CONNECTIONS HOUSING PROGRAM SERVES HOUSEHOLDS IN DOUBLED-UP LIVING ARRANGEMENTS. DOUBLING-UP IS WHEN AN INDIVIDUAL OR FAMILY LIVES WITH ANOTHER HOUSEHOLD TEMPORARILY OR SHUFFLES INDEFINITELY BETWEEN HOMES BECAUSE OF ECONOMIC NEED. THE CONNECTIONS PROGRAM SUPPORTS INDIVIDUALS THROUGH CASE MANAGEMENT AND FUNDS TO ENSURE HOUSEHOLDS HAVE A PLACE OF THEIR OWN TO CALL HOME. ABOUT 30 HOUSEHOLDS PARTICIPATED IN THE CONNECTIONS PROGRAM IN THE MOST RECENT FISCAL YEAR.

Program 3
Expenses: $111,718 Revenue: $0

SEASONAL PROGRAMS - INCLUDES THE BACK TO SCHOOL PROGRAM, THANKSGIVING DISTRIBUTION, AND WINTER WISHES PROGRAM. THE BACK TO SCHOOL PROGRAM PROVIDED BACKPACKS STUFFED WITH SCHOOL SUPPLIES TO CLIENTS...

Read more

SEASONAL PROGRAMS - INCLUDES THE BACK TO SCHOOL PROGRAM, THANKSGIVING DISTRIBUTION, AND WINTER WISHES PROGRAM. THE BACK TO SCHOOL PROGRAM PROVIDED BACKPACKS STUFFED WITH SCHOOL SUPPLIES TO CLIENTS WHO SIGNED UP FOR THE PROGRAM. THE THANKSGIVING DISTRIBUTION OPERATED AS A CHOICE MODEL, ALLOWING CLIENTS TO CHOOSE FROM AN ENHANCED VARIETY OF FOOD OPTIONS. FOR A SECOND YEAR, WINTER WISHES OPERATED AS A GIFT CARD PROGRAM, ALLOWING DONORS TO CONTINUE TO GIVE DIRECTLY TO FAMILIES WHILE STILL ALLOWING THEM THE DIGNITY OF CHOOSING THEIR OWN ITEMS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,125,361
Program Service Revenue $0
Investment Income $69,428
Other Revenue $717
TOTAL REVENUE $6,195,506

Expense Breakdown

Grants Paid $4,202,623
Salaries & Benefits $1,316,685
Fundraising Expenses $388,870
Program Expenses $5,207,017
Other Expenses $528,241
TOTAL EXPENSES $6,047,549

Year-over-Year Comparison

2023 2022 Change
Revenue $6,195,506 $4,488,790 +0.4%
Expenses $6,047,549 $4,448,729 +0.4%
Net Income $147,957 $40,061 +2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
948

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
$116,693
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA NOLAN PRESIDENT 3.00
Officer Director
$0 $0 $0
SUSANNAH GUSTAFSON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SUE LOKEN TREASURER 1.00
Officer Director
$0 $0 $0
DARREN FORTNEY SECRETARY 1.00
Officer Director
$0 $0 $0
CONNIE MATYE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN HORNUNG DIRECTOR 1.00
Director
$0 $0 $0
DANA MONOGUE DIRECTOR 1.00
Director
$0 $0 $0
JIM NEUMAN DIRECTOR 1.00
Director
$0 $0 $0
DOM RICKS DIRECTOR 1.00
Director
$0 $0 $0
CHASE HORNE DIRECTOR 1.00
Director
$0 $0 $0
GINGER BENZ DIRECTOR 1.00
Director
$0 $0 $0
AMY RACKI DIRECTOR 1.00
Director
$0 $0 $0
LUKE FUSZARD DIRECTOR (BEGAN APRIL) 1.00
Director
$0 $0 $0
ELLEN CARLSON EXECUTIVE DIRECTOR 40.00
Officer
$112,312 $4,381 $116,693
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 No data No data No data No data
2024 $6,195,506 $6,047,549 $4,643,630 $147,957
2023 $4,488,790 $4,448,729 $3,983,190 $40,061
2022 $3,264,135 $2,705,165 $3,987,420 $558,970
2021 $3,630,401 $2,659,714 $3,332,771 $970,687
2020 $3,860,799 $3,730,816 $2,331,789 $129,983
2019 $3,957,865 $3,804,788 $2,211,380 $153,077
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WAYFORWARD RESOURCES INC with other nonprofits in Wisconsin and across the country.