NU-WAY HOUSE INC (EIN 416052957) - Form 990 Financial Analysis & Trantor Score

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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

1966

Legal Domicile

Principal Officer

DAVID VENNES

Phone

6127670309

Tax Period

2024-01-01 to 2024-12-31

NU-WAY HOUSE INC, founded in 1966, is a mid-sized nonprofit that reported $45.7M in total revenue in fiscal year 2024. Expenses of $58.4M exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROVIDE A TEMPORARY HOME OR HOMES FOR THE HOMELESS ALCOHOLIC AND ADDICT WITH A SINCERE DESIRE TO ARREST HIS DISEASE (ALCOHOLISM), TO RETURN TO A USEFUL LIFE, AND FIND CONTENTMENT IN SOBRIETY. THE HOME ENVIRONMENT WILL BE SUPPLEMENTED WITH COUNSELING, TEACHING, AND PRACTICING A PROGRAM OF GROUP THERAPY ON ALCOHOLISM, AND BY EXPLAINING IT THROUGH A MEDIUM OF INTERVIEWS, CLASSES, LECTURES, AND MEETINGS. ALSO TO PROMOTE THE PHYSICAL, INTELLECTUAL, SOCIAL, ECONOMIC AND SPIRITUAL WELFARE OF THE ALCOHOLIC.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $45,539,953

Investment Income $89,272

Other Revenue $24,405

TOTAL REVENUE $45,653,630

Expense Breakdown

Grants Paid $19,319,036

Salaries & Benefits $15,735,960

Fundraising Expenses $0

Program Expenses $41,162,634

Other Expenses $23,330,399

TOTAL EXPENSES $58,385,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$45,653,630	$44,369,768	+0.0%
Expenses	$58,385,395	$63,917,466	-0.1%
Net Income	$-12,731,765	$-19,547,698	-0.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

312

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

$2,188,714

Total Directors

$2,087,581

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM MEIER	TREASURER	1.00	Officer Director	$0	$270,291	$650,610
KENNETH ROBERTS	CHAIR	1.00	Officer Director	$0	$136,807	$452,389
ANGELA HANSEN	SECRETARY	1.00	Officer Director	$0	$20,238	$207,052
MONIQUE M BOURGEOIS	DIRECTOR	1.00	Director	$0	$107,003	$346,582
JOHN MILLER	DIRECTOR	1.00	Director	$0	$179,490	$430,948
DAVID VENNES	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$398,650	$878,663
LINDSAY GEBHARDT	VP, OUTPATIENT SERVICES	50.00	Highest	$163,707	$34,897	$198,604
MARIAN SPIESS	VP, RESIDENTIAL SERVICES	10.00	Highest	$0	$25,280	$234,425
AGNEISZKA LONGTINE	PROGRAM DIRECTOR	50.00	Highest	$128,125	$17,431	$145,556
HEATHER ANDERSON	PROGRAM DIRECTOR	50.00	Highest	$174,973	$11,980	$186,953
CHADWICK WALKER	PROGRAM MANAGER	50.00	Highest	$115,130	$14,149	$129,279

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	$45,653,630	$58,385,395	$21,552,260	$-12,731,765
2023	$46,620,638	$49,168,905	$33,782,789	$-2,548,267
2022	$45,499,488	$40,754,344	$45,441,909	$4,745,144
2021	$48,907,875	$46,361,330	$41,535,538	$2,546,545
2020	$42,521,488	$39,639,141	$41,079,529	$2,882,347
2019	$33,294,205	$29,132,063	$27,637,573	$4,162,142
2018	$31,138,804	$27,067,927	$20,355,109	$4,070,877

NU-WAY HOUSE INC