WAY STATION (EIN 851330063) - 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

2020

Legal Domicile

Principal Officer

Jeanette Heidmann

Phone

6034527113

Tax Period

2025-01-01 to 2025-12-31

WAY STATION, founded in 2020, is a small nonprofit in the Human Services sector that reported $407K in total revenue in fiscal year 2025. Expenses of $391K left a modest 4% surplus.

Mission

Provide supportive services to homeless and housing insecure individuals in the Mount Washington Valley Area of New Hampshire. In 2025 Way Station provided 1817 services to individuals in 18 local towns. We provided these services to 1825 households comprised of 2878 individuals.

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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 (2025)

Revenue Breakdown

Contributions & Grants $402,495

Program Service Revenue $0

Investment Income $4,561

Other Revenue $0

TOTAL REVENUE $407,056

Expense Breakdown

Grants Paid $221,761

Salaries & Benefits $151,267

Fundraising Expenses $64,606

Program Expenses $320,016

Other Expenses $18,285

TOTAL EXPENSES $391,313

Year-over-Year Comparison

	2025	2024	Change
Revenue	$407,056	$388,158	+0.0%
Expenses	$391,313	$333,252	+0.2%
Net Income	$15,743	$54,906	-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

Governance

Voting Members

Independent Members

Employees

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

$143,650

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel Lavigne	Client Care Coordinator	40	Key Emp	$65,805	$0	$65,805
Karen Albert	Development Director	32	Key Emp	$50,695	$2,400	$53,095
Randi Rocco	Circles Coordinator	8	Key Emp	$21,400	$0	$21,400
Jennifer Lavigne	contractor - seasional/part time HMIS data entry	8.00	Key Emp	$3,350	$0	$3,350
Nathan Hall	President Board Member	5	Officer Director	$0	$0	$0
Gail Doktor	Vice President Board Member	12	Officer Director	$0	$0	$0
Sue Davidson	Secretary Board Member	3	Officer Director	$0	$0	$0
Jeanette Heidmann	Treasurer Board Member	15	Officer Director	$0	$0	$0
C Hayes Miller	Board Member	9	Director	$0	$0	$0
Rick Crispo	Board Member	2	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	$407,056	$391,313	$305,694	$15,743
2024	$388,158	$333,252	$230,601	$54,906
2023	$311,327	$263,854	$177,947	$47,473

WAY STATION