Direction613

EIN: 814392389 501(c)(3) Housing & Shelter

McKinney, TX

Total Revenue
$2,515,684
Total Expenses
$1,247,069
Total Assets
$3,404,629
Net Assets
$2,124,578
🔒

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
2015
Legal Domicile
TX
Principal Officer
Myron Wilson
Phone
2145449055
Tax Period
2023-11-01 to 2024-10-31

Direction613, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 154% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 50% operating margin.

Mission

To help aging out foster youth thrive as adults.

🔒

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 $1,978,826
Program Service Revenue $454,764
Investment Income $-7,417
Other Revenue $89,511
TOTAL REVENUE $2,515,684

Expense Breakdown

Grants Paid $0
Salaries & Benefits $512,721
Fundraising Expenses $178,082
Program Expenses $909,813
Other Expenses $734,348
TOTAL EXPENSES $1,247,069

Year-over-Year Comparison

2023 2022 Change
Revenue $2,515,684 $990,961 +1.5%
Expenses $1,247,069 $963,374 +0.3%
Net Income $1,268,615 $27,587 +45.0%
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
7
Independent Members
4
Employees
15
Volunteers
250

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
$106,467
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Myron Wilson Executive Director 55.00
Officer
$43,795 $62,672 $106,467
Ronda Murray President 1.50
Officer Director
$0 $0 $0
Susan Wilson Vice President 1.00
Officer Director
$0 $0 $0
Jeffery Strickland Treasurer 4.00
Officer Director
$0 $0 $0
James Hamilton Secretary 1.00
Officer Director
$0 $0 $0
Bryan Moore Director 1.00
Director
$0 $0 $0
Steve Bell Director 1.00
Director
$0 $0 $0
AJ Plautz Director 1.00
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
2025 No data No data No data No data
2024 $2,515,684 $1,247,069 $3,404,629 $1,268,615
2023 $990,961 $963,374 $2,256,156 $27,587
2022 $731,003 $611,460 $1,610,725 $119,543
2021 $467,391 $364,261 $709,583 $103,130
2020 $414,213 $300,085 $587,591 $114,128
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Direction613 with other nonprofits in Texas and across the country.