WAY STATION INC

EIN: 521162749 501(c)(3) Human Services

FREDERICK, MD

Total Revenue
$43,634,012
Total Expenses
$42,878,386
Total Assets
$55,064,686
Net Assets
$33,449,055
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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
1978
Legal Domicile
MD
Principal Officer
KELLY SAVOCA
Phone
3016620099
Tax Period
2022-07-01 to 2023-06-30

WAY STATION INC, founded in 1978, is a mid-sized nonprofit in the Human Services sector that reported $43.6M in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

PROVIDING COMMUNITY-BASED OUTPATIENT BEHAVIORAL HEALTH, RESIDENTIAL REHABILITATION AND SOCIAL SERVICES AS PART OF SHEPPARD PRATT CONTINUUM OF CARE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $6,353,062
Program Service Revenue $36,806,130
Investment Income $170,323
Other Revenue $304,497
TOTAL REVENUE $43,634,012

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,740,867
Fundraising Expenses $0
Program Expenses $40,180,312
Other Expenses $9,137,519
TOTAL EXPENSES $42,878,386

Year-over-Year Comparison

2022 2021 Change
Revenue $43,634,012 $39,543,218 +0.1%
Expenses $42,878,386 $38,155,998 +0.1%
Net Income $755,626 $1,387,220 -0.5%
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
5
Independent Members
1
Employees
730
Volunteers
1

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
$1,163,697
Total Directors
5
$3,124,725
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARSH TRIVEDI MD PRESIDENT AND CEO 1.00
Director
$0 $52,907 $1,387,274
JEFFREY W RICHARDSON VP AND COO COMMUNITY SERVI 1.00
Officer Director
$0 $55,394 $537,984
GREG GATTMAN VP AND COO HOSPITALS 1.00
Director
$0 $52,872 $573,754
KELLY SAVOCA SVP AND CFO, TREASURER/SECRETARY 1.00
Officer Director
$0 $27,828 $625,713
ANTONIO SIMPKINS BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE MEYERS ASSISTANT CHIEF, REHAB & RECOVERY 40.00
Highest
$206,075 $30,847 $236,922
HAKIM OGUNSANYA NURSE PRACTITIONER 40.00
Highest
$195,120 $1,893 $197,013
GORDON ROTHROCK SR. FINANCE CONSULT, FORMER CFO/TREASURER 40.00
Highest
$213,070 $11,475 $224,545
NAIER ANHARY NURSE PRACTITIONER 40.00
Highest
$179,132 $11,512 $190,644
PATRICIA NAZZAL PROGRAM DIRECTOR 40.00
Highest
$158,518 $11,809 $170,327
SCOTT ROSE CHIEF OF REHAB & REC, FORMER OFFICER 1.00
$0 $27,159 $346,761
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 No data No data No data No data
2023 $43,634,012 $42,878,386 $55,064,686 $755,626
2022 $39,543,218 $38,155,998 $47,364,726 $1,387,220
2021 $38,298,060 $37,579,412 $48,827,954 $718,648
2020 $36,345,321 $35,758,301 $44,426,482 $587,020
2019 $35,580,021 $34,014,834 $43,245,429 $1,565,187
2018 $36,371,360 $35,145,620 $41,983,297 $1,225,740
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