The Way Home Adoption Inc

EIN: 464059832 501(c)(3) Human Services

Houston, TX

Total Revenue
$5,609
Total Expenses
$249,180
Total Assets
N/A
Net Assets
N/A
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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
2014
Legal Domicile
TX
Principal Officer
Kendall P Monroe
Phone
8322834146
Tax Period
2023-07-01 to 2024-06-30

The Way Home Adoption Inc, founded in 2014, is a micro nonprofit in the Human Services sector that reported $6K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $249K exceeded revenue, resulting in a 4343% operating deficit.

Mission

The Organization receives referrals from judges, Child Protective Services, child placement agencies, emergency shelters, etc. to be an active member on a childs case. See Schedule O-Organizations Primary Exempt Purpose

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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 $5,609
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,609

Expense Breakdown

Grants Paid $0
Salaries & Benefits $230,044
Fundraising Expenses $39,540
Program Expenses $161,641
Other Expenses $19,136
TOTAL EXPENSES $249,180

Year-over-Year Comparison

2023 2022 Change
Revenue $5,609 $144,732 -1.0%
Expenses $249,180 $240,592 +0.0%
Net Income $-243,571 $-95,860 +1.5%
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
13
Independent Members
13
Employees
6
Volunteers
10

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
$116,000
Total Directors
13
$116,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashley Fields Program Director 40.00
Officer Director
$75,500 $0 $75,500
Kendall Moore Development Director 20.00
Officer Director
$40,500 $0 $40,500
Julie Knapp Board Chair 2.00
Director
$0 $0 $0
Adam Faust Board Member 2.00
Director
$0 $0 $0
Beth Garcia Board Member 2.00
Director
$0 $0 $0
Chris Garcia Board Member 2.00
Director
$0 $0 $0
Matt Merhan Board Member 2.00
Director
$0 $0 $0
Michael Schneider Board Member 2.00
Director
$0 $0 $0
Sarah Thornton Lewis Board Member 2.00
Director
$0 $0 $0
Brian Goodsell Board Member 2.00
Director
$0 $0 $0
Shantelle Jackson Board Member 2.00
Director
$0 $0 $0
Jamie Sava Board Member 2.00
Director
$0 $0 $0
Ellis Williams Board Member 2.00
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 $5,609 $249,180 No data $-243,571
2023 $144,732 $240,592 $244,888 $-95,860
2022 $272,468 $257,934 $340,748 $14,534
2021 $240,678 $232,001 $326,214 $8,677
2020 $319,420 $236,765 $317,537 $82,655
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