WALTERS WAY-REGAINING YOUR LIFE FDN

EIN: 832456238 501(c)(3) Crime & Legal

TULSA, OK

Total Revenue
$213,288
Total Expenses
$125,896
Total Assets
$332,171
Net Assets
$150,387
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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
2018
Legal Domicile
OK
Principal Officer
JOY BLOCK OFFICER
Phone
9188603760
Tax Period
2024-01-01 to 2024-12-31

WALTERS WAY-REGAINING YOUR LIFE FDN, founded in 2018, is a small nonprofit in the Crime & Legal sector that reported $213K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $87K, a strong 41% operating margin.

Mission

TO GIVE UNDERPRIVILEGED PEOPLE FRESH START BY PROVIDING FURNITURE AT EXTREME DISCOUNTED PRICES, PROVIDING TRAINING TO FELONS, AND BY PROVIDING HOUSING TO FELONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $170,000
Program Service Revenue $43,004
Investment Income $284
Other Revenue $0
TOTAL REVENUE $213,288

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,084
Fundraising Expenses $0
Program Expenses $54,566
Other Expenses $99,812
TOTAL EXPENSES $125,896

Year-over-Year Comparison

2024 2023 Change
Revenue $213,288 $234,969 -0.1%
Expenses $125,896 $182,989 -0.3%
Net Income $87,392 $51,980 +0.7%
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
2
Independent Members
N/A
Employees
3
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
1
$0
Total Directors
0
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOY BLOCK PRESIDENT 40.00
Officer Key Emp
$0 $0 $0
WALTER BLOCK VICE PRESIDENT 40.00
Key Emp
$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 $213,288 $125,896 $332,171 $87,392
2023 $234,969 $182,989 $75,345 $51,980
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