THE WAY HOME MT MURNIN

🔒

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

KARLA MURNIN

Phone

4068532031

Tax Period

2023-01-01 to 2023-12-31

THE WAY HOME MT MURNIN, founded in 2018, is a small nonprofit in the Religion sector that reported $128K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $32K, a strong 25% operating margin.

Mission

THE WAY HOME - MT CREATES A GATEWAY FOR SUSTAINABLE HOUSING, OLD FASHIONAED HOSPITALITY, AND A HEALTHY LIFESTYLE THROUGH FAITH BASED MINISTRY TO BUILD A STRONG FOUNDATION FOR INDIVIDUALS, FAMILES, AND THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $92,061

TRANSITIONAL HOUSING- WAY HOME MT (WHMT) OFFERS TRANSITIONAL HOUSING PROGRAM FOR VARIOUS PERSONS, ASSISTING THEM IN TRANSITIONING TO INDEPENDENT LIVING IN SOCIETY. INDIVIDUALS THAT PARTICIPATE IN...

TRANSITIONAL HOUSING- WAY HOME MT (WHMT) OFFERS TRANSITIONAL HOUSING PROGRAM FOR VARIOUS PERSONS, ASSISTING THEM IN TRANSITIONING TO INDEPENDENT LIVING IN SOCIETY. INDIVIDUALS THAT PARTICIPATE IN THIS HOUSING PROGRAM MUST INTERVIEW WITH BACKGROUND CHECK AND AGREE TO PROGRAM/HOUSE RULES AND OFFER PERSONAL PREFERENCES. WHMT WILL OFFER JOB TRAININGS, LIFE COACHING SESSIONS, AND BIBLE STUDIES FOR INDIVIDUALS THAT PARTICIPATE IN THE PROGRAM. OUTREACH EVENTS IN THE COMMUNITY WILL BE OFFERED TO RESIDENTS. WHMT WILL PROVIDE ROOM AND BOARD, BASIC CLOTHING AND TOILETRIES, AND MEALS. INDIVIDUALS MAY LIVE IN THE TRANSITIONAL HOME FOR A MAXIMUM OF TWO YEARS. IN ORDER TO STAY IN THE PROGRAM, RESIDENTS MUST (1) SEEK FULL TIME EMLOYMENT AND/OR SCHOOL (2) COMPLETE ASSIGNED CHORES (3) PARTICIPATE IN WEEEKLY HOUSE MEETINGS, SEMINARS AND BIBLE STUDIES & (4) GROW THROUGH THEIR INDIVUALIZED GROWTH PLAN. RESIDENTS WILL BE PERMITTED TO LIVE IN THIS HOUSING PROGRAM FREE OF CHARGE UNTIL THEY BEGIN EARNING A WAGE FROM GAINFUL EMPLOYMENT. RESIDENTS WILL SAVE THE MAJOORITY OF THEIR INCOME , THEN PAY A PERCENTAGE OF THEIR EARNINGS TO WHMT FOR SUPPORT.

Program 2

BENEVOLENCE PROGRAM- THW WAY HOME MT ( WHMT ) HAS A BENVOLENCE PROGRAM TO ASSIST PERSONS TRUELY IN NEED. ACCORDING TO TITLE 26 CF 1.170A-4A(D) DEFINES A TRULY IN NEED PERSON AS: A PERSON WHO LACKS...

BENEVOLENCE PROGRAM- THW WAY HOME MT ( WHMT ) HAS A BENVOLENCE PROGRAM TO ASSIST PERSONS TRUELY IN NEED. ACCORDING TO TITLE 26 CF 1.170A-4A(D) DEFINES A TRULY IN NEED PERSON AS: A PERSON WHO LACKS THE NECESSITIES OF LIFE, INVOLVING PHYSICAL, MENTAL, OR EMOTIONAL WELL BEING, AS A RESULT OF POVERTY OR TEMPORIARY DISTRESS. WHMT WILL REFRAIN FROM THE GIVING OF BENEVOLENCE TO ANY PERSONS THAT WOULD BE CONSIDERED DISQUALIFIED, AS DEFINED BY IRC SECTION 4958(F)(1).

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $62,499

Program Service Revenue $50,484

Investment Income $18

Other Revenue $14,584

TOTAL REVENUE $127,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $639

Program Expenses $92,061

Other Expenses $95,971

TOTAL EXPENSES $95,971

Year-over-Year Comparison

	2023	2022	Change
Revenue	$127,585	$93,120	+0.4%
Expenses	$95,971	$80,254	+0.2%
Net Income	$31,614	$12,866	+1.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARLA MURNIN	PRESIDENT /	N/A	Officer Director	$0	$0	$0
BARNEY MURNIN	SECRETARY	N/A	Officer Director	$0	$0	$0
LANCE IVANISH	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTY IVANISH	DIRECTOR	N/A	Director	$0	$0	$0
JON HARRIS	DIRECTOR	N/A	Director	$0	$0	$0
CARA HARRIS	DIRECTOR	N/A	Director	$0	$0	$0
SANDRA BARCLAY	TREASURER	N/A	Officer 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
2023	$127,585	$95,971	$330,400	$31,614
2022	$93,120	$80,254	$305,477	$12,866
2021	$93,076	$48,398	$115,469	$44,678