RIDGELAND, MS
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HIS WAY INC, founded in 1986, is a small nonprofit in the Human Services sector that reported $944K in total revenue in fiscal year 2023.
THE SPECIFIC OBJECTIVES AND PURPOSES OF THIS CORPORATION SHALL BE CHARITABLE. THE PRINCIPAL PURPOSE AND OBJECTIVE OF HIS WAY, INC. SHALL BE TO SERVE THE NEEDS OF CHILDREN UNDER THE AGE OF 18 WITH MONETARY CONTRIBUTIONS TO OTHER 501(C)(3) CHARITIES. THE PURPOSE OF THE RECEIVING CHARITIES, AS REGISTERED AND REPORTED TO THE MISSISSIPPI SECRETARY OF STATE'S OFFICE, MUST BE TO SERVE THE NEEDS OF UNDERPRIVILEGED, AT RISK, ABUSED, NEGLECTED OR HOMELESS CHILDREN. SERVICES MAY INCLUDE FOOD, CLOTHING, SHELTER, AFTER-SCHOOL MENTORING PROGRAMS, SUPPLIES AND EQUIPMENT, MEDICAL AND REMEDIAL CARE, AND CONSTRUCTION. AT THE SOLE DISCRETION OF THE BOARD OF DIRECTORS, CONTRIBUTIONS MAY ALSO BE MADE TO CHARITIES TO FUND OTHER SERVICES OF THE ORGANIZATION THAT ARE DIRECTLY RELATED TO MEETING THE NEEDS OF THE CHILDREN SERVED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $944,482 | $884,335 | +0.1% |
| Expenses | $945,789 | $829,743 | +0.1% |
| Net Income | $-1,307 | $54,592 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BOB SPRING | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEN GUTHRIE | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TODD WARREN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRYAN NELMS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOMMY BUTLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| VIRGINIA WEAVER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN STARKS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LESLIE THREADGILL | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$126,675 | $2,838 | $129,513 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $944,482 | $945,789 | $1,592,258 | $-1,307 |
| 2022 | $884,335 | $829,743 | $1,600,122 | $54,592 |
| 2021 | $1,169,714 | $1,206,112 | $1,527,461 | $-36,398 |
| 2020 | $651,543 | $707,997 | $1,615,309 | $-56,454 |
| 2019 | $1,326,152 | $1,278,653 | $1,653,926 | $47,499 |
| 2018 | $1,098,107 | $1,011,302 | $1,647,261 | $86,805 |
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