MELBOURNE, FL
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)WAYS FOR LIFE INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $718K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $671K left a modest 6% surplus.
WE PROVIDE WRAPAROUND SERVICES TO YOUTH FORMERLY IN FOSTER CARE AND THOSE EXPERIENCING HOMELESSNESS, AGES 15-25.
SUPPORT FOR HOMELESS YOUTH AND YOUTH AGING OUT OF FOSTER CARE, INCLUDING HOUSING, YOUTH SUPPORT, GROUP LIFE SKILLS CLASS, MENTORING, BENEFIT ASSESSMENT, PROVISIONS FOR ESSENTIAL NEEDS SUCH AS FOOD...
SUPPORT FOR HOMELESS YOUTH AND YOUTH AGING OUT OF FOSTER CARE, INCLUDING HOUSING, YOUTH SUPPORT, GROUP LIFE SKILLS CLASS, MENTORING, BENEFIT ASSESSMENT, PROVISIONS FOR ESSENTIAL NEEDS SUCH AS FOOD, CLOTHING, TRANSPORTATION AND DRIVERS LICENSE AND PERMIT FEES.WAYS OPENED ITS FIRST TRANSITIONAL HOME FOR YOUTH EXPERIENCING HOMELESSNESS ON OCTOBER 1, 2024. IN ITS FIRST YEAR OF OPERATIONS, THE WAYS HOUSE IS EXPECTED TO HELP 12 YOUTH TRANSITION FROM HOMELESSNESS TO INDEPENDENT LIVING. BEYOND THIS NEW INITIATIVE, WAYS COLLABORATED WITH EIGHT COMMUNITY PARTNERS TO CONNECT MEMBERS TO STABLE HOUSING.IN ADDITION TO HOUSING SUPPORT, WAYS ATTORNEYS PROVIDED NEARLY 500 HOURS OF LEGAL SERVICES IN 2024. COMBINED WITH PRO BONO ASSISTANCE FROM OUTSIDE COUNSEL, WAYS HELPED OVER 70 YOUTH WITH VARIOUS LEGAL MATTERS.174 WAYS MEMBERS PARTICIPATED IN THE WAYS CAREER PATHWAYS PROGRAM, A 14 PERCENT INCREASE FROM 2023. 118 WORKED ONE-ON-ONE WITH A VOLUNTEER CAREER COACH, WITH 69 SECURING EMPLOYMENT, 12 ENROLLING IN COLLEGE, 1 COMPLETING THEIR AA DEGREE, 1 COMPLETING THEIR BS/BA DEGREE, AND 14 ENROLLING IN APPRENTICESHIPS OR INTERNSHIPS, WITH 11 COMPLETING THEIR APPRENTICESHIP OR INTERNSHIP. 2 WAYS MEMBERS ENLISTED IN THE MILITARY IN 2024. 91 MEMBERS PARTICIPATED IN FINANCIAL WELLNES COACHING, INCLUDING FILING THEIR INCOME TAXES, AND 15 RECEIVED FINANCIAL AID SERVICES. 25% OF WAYS MEMBERS HAVE WORKED ONE-ON-ONE WITH A VOLUNTEER FINANCIAL COACH TO CREATE AN INDIVIDUAL SPENDING PLAN.
EDUCATION - PROGRAMS INCLUDES THE GED FASTTRACK, CAREER PATHWAYS, FINANCIAL WELLNESS, AND LIFTUP LIFE SKILLS. IN 2024, 41 WAYS MEMBERS RECEIVED ACADEMIC SUPPORT THROUGH THE WAYS EDUCATION LAB. OF...
EDUCATION - PROGRAMS INCLUDES THE GED FASTTRACK, CAREER PATHWAYS, FINANCIAL WELLNESS, AND LIFTUP LIFE SKILLS. IN 2024, 41 WAYS MEMBERS RECEIVED ACADEMIC SUPPORT THROUGH THE WAYS EDUCATION LAB. OF THOSE, 15 EARNED GED CREDENTIAL THROUGH THE LICENSED GED FASTTRACK PROGRAM - AN INTENSIVE FIVE-WEEK, TRAUMA-INFORMED COURSE DESIGNED TO SUPPORT SMALL GROUPS OF LEARNERS. 16 DEDICATED VOLUNTEERS PROVIDED ONE-ON-ONE AND SMALL GROUP TUTORING TO HELP YOUTH OVERCOME ACADEMIC CHALLENGES AND ACHIEVE SUCCESS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $717,998 | $920,654 | -0.2% |
| Expenses | $671,429 | $785,449 | -0.1% |
| Net Income | $46,569 | $135,205 | -0.7% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JULIA IRVIN | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LISA SOLOWAY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIMBERLY HENNE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELENA LEE | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DR ANGELA OLIVER-BURGESS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| BUSHAY MCCOY | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JOHN KOENIG | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DR SHARON JONES | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ALTARA WARREN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| PAMELA BRESS | EXECUTIVE DIRECTOR | 60.00 |
Officer
|
$50,000 | $0 | $50,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $717,998 | $671,429 | $539,308 | $46,569 |
| 2023 | $920,654 | $785,449 | $454,261 | $135,205 |
| 2022 | $748,063 | $659,075 | $323,813 | $88,988 |
| 2021 | $437,890 | $359,540 | $212,589 | $78,350 |
| 2020 | $209,971 | $116,672 | $121,615 | $93,299 |
Compare WAYS FOR LIFE INC with other nonprofits in Florida and across the country.