The Way Retreat Center (EIN 471170703) - 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

2014

Legal Domicile

Phone

4327560550

Tax Period

2024-01-01 to 2024-12-31

The Way Retreat Center, founded in 2014, is a small nonprofit in the Religion sector that reported $395K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $620K exceeded revenue, resulting in a 57% operating deficit.

Mission

To create an environment that promotes spiritual and personal growth for individuals, families and groups on life's journey towards Christ.

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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 $100,000

Program Service Revenue $295,165

Investment Income $0

Other Revenue $0

TOTAL REVENUE $395,165

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,809

Fundraising Expenses $0

Program Expenses $280,101

Other Expenses $588,618

TOTAL EXPENSES $620,427

Year-over-Year Comparison

	2024	2023	Change
Revenue	$395,165	$346,292	+0.1%
Expenses	$620,427	$635,454	0.0%
Net Income	$-225,262	$-289,162	-0.2%

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

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Donna Hernandez	Treasurer	0.00	Director	$0	$0	$0
Mark Gully	Vice President	1.50	Director	$0	$0	$0
Susan Sweeny	President	1.50	Director	$0	$0	$0
Drew Hendricks	Board Member	1.50	Director	$0	$0	$0
Dan Varner	Secretary	1.50	Director	$0	$0	$0
Bill Berry	Board Member	1.50	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	$395,165	$620,427	$7,130,778	$-225,262
2023	$346,292	$635,454	$7,167,715	$-289,162
2022	$260,076	$468,152	$7,459,439	$-208,076
2020	$621,556	$818,925	$7,995,416	$-197,369
2019	$767,935	$886,784	$8,167,680	$-118,849
2018	$1,315,791	$2,279,515	$8,299,146	$-963,724

The Way Retreat Center