HIS WAY RESOURCES INC (EIN 832971266) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

MICHELLE MYERS

Phone

7312343874

Tax Period

2024-01-01 to 2024-12-31

HIS WAY RESOURCES INC, founded in 2019, is a small nonprofit in the Religion sector that reported $130K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $121K left a modest 7% surplus.

Mission

PROVIDING A RESOURCE FOR MEN AND WOMEN TO PARTICIPATE IN BIBLICAL-BASED PERSONAL AND BUSINESS DEVELOPMENT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50,612

Program Service Revenue $61,875

Investment Income $0

Other Revenue $18,009

TOTAL REVENUE $130,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $117,103

Other Expenses $120,908

TOTAL EXPENSES $120,908

Year-over-Year Comparison

	2024	2023	Change
Revenue	$130,496	$234,371	-0.4%
Expenses	$120,908	$264,484	-0.5%
Net Income	$9,588	$-30,113	-1.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
ADAM HATTON	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA HATTON	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES MYERS	TREASURER	5.00	Officer Director	$0	$0	$0
MICHELLE MYERS	PRESIDENT	5.00	Officer Director	$0	$0	$0
SOMER PHOEBUS	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
SAM PINEDA	BOARD MEMBER	1.00	Director	$0	$0	$0
TEENY PINEDA	SECRETARY	5.00	Officer Director	$0	$0	$0
AMY ROSS	BOARD MEMBER	1.00	Director	$0	$0	$0
JARED ROSS	BOARD MEMBER	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
2024	$130,496	$120,908	$28,207	$9,588
2023	$234,371	$264,484	$16,546	$-30,113
2022	$277,684	$277,109	$46,916	$575
2021	$268,950	$270,055	$49,386	$-1,105
2020	$276,546	$233,006	$48,106	$43,540
2019	$202,538	$212,467	$16,491	$-9,929

HIS WAY RESOURCES INC