BRAVE WAY HOME INC

EIN: 861426538 501(c)(3) Religion

New Albany, IN

Total Revenue
$262,503
Total Expenses
$231,301
Total Assets
$165,350
Net Assets
$165,350
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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
2021
Legal Domicile
IN
Principal Officer
Benjamin Woods
Phone
2178712413
Tax Period
2024-01-01 to 2024-12-31

BRAVE WAY HOME INC, founded in 2021, is a small nonprofit in the Religion sector that reported $263K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $231K left a modest 12% surplus.

Mission

Religious Discipleship Training. Preaching and teaching in various church services, retreats, events and workshops by presenting Biblical truth and trainings, furthering our exempt purpose of discipleship with fellow wayfarers. In 2024 this consisted of over 101 physical speaking engagements, as well as broadcasting 17 podcasts. Coaching for ministries, organizations and leaders in sustainable models; and counseling individuals and groups in the areas of marriage, family, grief and care. In 2024 this consisted of ongoing coaching relationships, as well as over 65 meetings - or 129 hours - of counseling with individuals. Continuing Calla Woods' legacy and funding organizations that benefit vulnerable, marginalized and under-privileged children, and provides tangible reminders to Look Out For The Left Out and love those around you. In 2024 this consisted of the sales of merchandise that ultimately provided net donations of $42,800 for Forget Me Not Ministries.

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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 $191,515
Program Service Revenue $46,343
Investment Income $0
Other Revenue $24,645
TOTAL REVENUE $262,503

Expense Breakdown

Grants Paid $43,250
Salaries & Benefits $125,722
Fundraising Expenses $0
Program Expenses $231,301
Other Expenses $54,579
TOTAL EXPENSES $231,301

Year-over-Year Comparison

2024 2023 Change
Revenue $262,503 $173,298 +0.5%
Expenses $231,301 $173,860 +0.3%
Net Income $31,202 $-562 -56.5%
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
6
Independent Members
5
Employees
N/A
Volunteers
115

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
3
$0
Total Directors
2
$76,761
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Crystal Woods Director 40
Director
$60,635 $0 $60,635
Benjamin Woods Director 40
Director
$8,376 $7,750 $16,126
Phil Miller President 3
Officer
$0 $0 $0
Kelsea Mays Secretary 3
Officer
$0 $0 $0
Michael Marshall Treasurer 3
Officer
$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 $262,503 $231,301 $165,350 $31,202
2023 $173,298 $173,860 $134,147 $-562
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