A FATHERS WAY

EIN: 571084669 501(c)(3) Human Services

LANCASTER, SC

Total Revenue
$638,034
Total Expenses
$673,588
Total Assets
$97,030
Net Assets
$78,769
🔒

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
2000
Legal Domicile
SC
Principal Officer
TYROM FAULKNER
Tax Period
2023-10-01 to 2024-09-30

A FATHERS WAY, founded in 2000, is a small nonprofit in the Human Services sector that reported $638K in total revenue in fiscal year 2023.

Mission

COUNSELING SERVICES TO FATHERS TO HELP THEM BECOME POSITIVELY ENGAGED IN THE LIVES OF THEIR CHILDREN, FAMILY AND COMMUNITY.

🔒

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 $636,524
Program Service Revenue $0
Investment Income $12
Other Revenue $1,498
TOTAL REVENUE $638,034

Expense Breakdown

Grants Paid $0
Salaries & Benefits $454,255
Fundraising Expenses $12,637
Program Expenses $591,408
Other Expenses $156,799
TOTAL EXPENSES $673,588

Year-over-Year Comparison

2023 2022 Change
Revenue $638,034 $667,804 0.0%
Expenses $673,588 $581,832 +0.2%
Net Income $-35,554 $85,972 -1.4%
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
6
Independent Members
6
Employees
8
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
5
$70,000
Total Directors
2
$0
Key Employees
1
$70,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TYROM FAULKNER CHIEF EXECUTIVE OFFICER 40.00
Officer Key Emp
$70,000 $0 $70,000
LEO FRANCIS DIRECTOR 1.00
Director
$0 $0 $0
BABETTE SABIA DIRECTOR 2.00
Director
$0 $0 $0
THOMAS E HARDIN JR VICE CHAIRPERSON 1.00
Officer
$0 $0 $0
ERICK V CRAWFORD CHAIRPERSON 2.00
Officer
$0 $0 $0
JAMES WITHERSPOON TREASURER 2.00
Officer
$0 $0 $0
OSHAKA M WITHERSPOON SECRETARY 2.00
Officer
$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 $638,034 $673,588 $97,030 $-35,554
2023 $667,804 $581,832 $130,788 $85,972
2022 $506,081 $517,177 $44,732 $-11,096
2021 $475,056 $529,349 $62,740 $-54,293
2020 $621,281 $592,672 $113,741 $28,609
2019 $656,552 $650,508 $83,416 $6,044
2018 $718,710 $707,703 $79,727 $11,007
Explore More Nonprofits
→Top 100 Nonprofits in South Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare A FATHERS WAY with other nonprofits in South Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.