A Way Forward Inc

EIN: 852676751 501(c)(3) Mental Health

Longmont, CO

Total Revenue
$286,064
Total Expenses
$334,686
Total Assets
$59,841
Net Assets
$59,841
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CO
Principal Officer
Debbie Platts
Phone
7205267432
Tax Period
2024-01-01 to 2024-12-31

A Way Forward Inc, founded in 2020, is a small nonprofit in the Mental Health sector that reported $286K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $335K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO SMASH BARRIERS TO RECOVERY AND CREATE MORE ACCESS TO COMPREHENSIVE, EVIDENCE-BASED SERVICES FOCUSED ON SUBSTANCE USE AND MILD TO MODERATE MENTAL HEALTH DISORDERS WHILE CREATING A COMMUNITY OF BELONGING AND HEALING IN THE ST. VRAIN VALLEY. A WAY FORWARD (AWF) IS A COMMUNITY RECOVERY CENTER OFFERING EVIDENCE-BASED TREATMENT FOR SUBSTANCE USE DISORDERS WITH STRUCTURED CLASSES, INCLUDING AN INTENSIVE OUTPATIENT PROGRAM, A VARIETY OF RECOVERY SUPPORT GROUPS AND INDIVIDUAL PEER SUPPORT.

Program Service Accomplishments

Program 1
Expenses: $263,963

DURING 2024, THE ORGANIZATION PROVIDED SERVICES FOR 650 INDIVIDUALS. CLIENT CONTACTS TOTALED 14,839, A 33% INCREASE OVER 2023. IN 2024, AWF RECEIVED FUNDING FOR AND WERE ABLE TO STRENGTHEN SERVICES...

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DURING 2024, THE ORGANIZATION PROVIDED SERVICES FOR 650 INDIVIDUALS. CLIENT CONTACTS TOTALED 14,839, A 33% INCREASE OVER 2023. IN 2024, AWF RECEIVED FUNDING FOR AND WERE ABLE TO STRENGTHEN SERVICES TO VETERANS, THE SPANISH SPEAKING COMMUNITY, YOUTH AND THE NEWLY HOUSED. SERVICES INCLUDED: A NEWLY FUNDED 12-WEEK INTENSIVE OUTPATIENT PROGRAM, RUNNING CONCURRENTLY WITH A VARIETY OF OTHER GROUPS; CLASSES AND EVIDENCE BASED SERVICES TO SUPPORT MANY PATHS TO RECOVERY AND A HEALTHIER LIFESTYLE. THE ORGANIZATION OFFERS GROUP CLASSES AS WELL AS INDIVIDUAL PEER SUPPORT 7 DAYS A WEEK. ALL SERVICES ARE OFFERED AT NO CHARGE.SERVICE RECIPIENTS SELF-REPORTED THE FOLLOWING: 97% FEEL THEIR LIFE IS MORE STABLE, 100% REPORTED FEELING MORE HOPEFUL, 97% BENEFITED FROM GROUP SUPPORT AND 100% BENEFITED FROM THE SENSE OF COMMUNITY.

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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 $276,184
Program Service Revenue $0
Investment Income $1,127
Other Revenue $8,753
TOTAL REVENUE $286,064

Expense Breakdown

Grants Paid $0
Salaries & Benefits $217,186
Fundraising Expenses $29,311
Program Expenses $263,963
Other Expenses $117,500
TOTAL EXPENSES $334,686

Year-over-Year Comparison

2024 2023 Change
Revenue $286,064 $214,941 +0.3%
Expenses $334,686 $132,584 +1.5%
Net Income $-48,622 $82,357 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
6
Independent Members
6
Employees
15
Volunteers
21

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
4
$40,334
Total Directors
7
$40,334
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Debbie Platts Executive Dir. 60.00
Officer Director
$40,334 $0 $40,334
Claudia Archuletta Chairman 4.00
Officer Director
$0 $0 $0
Kimberly Jandro Treasurer 4.00
Officer Director
$0 $0 $0
John D Gifford Member at Large 6.00
Director
$0 $0 $0
Rhonda Dick Secretary 4.00
Officer Director
$0 $0 $0
Sonny Smith Member at Large 3.00
Director
$0 $0 $0
Kristina Schostok Member at Large 3.00
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 $286,064 $334,686 $59,841 $-48,622
2023 $214,941 $132,584 $108,463 $82,357
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