22 WAYS

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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

2022

Legal Domicile

Principal Officer

RONDA TURNEY

Phone

5593550363

Tax Period

2023-01-01 to 2023-12-31

22 WAYS, founded in 2022, is a small nonprofit in the Human Services sector that reported $215K in total revenue in fiscal year 2023. Expenses of $205K left a modest 5% surplus.

Mission

PROVIDE ALL STUDENTS WITH MORE AFFORDABLE OPTIONS AND OPPORTUNITIES TO ATTEND INSTITUTIONS OF HIGHER EDUCATION

Program Service Accomplishments

Program 1

Expenses: $195,972

PROVIDE ALL STUDENTS WITH MORE AFFORDABLE OPTIONS AND OPPORTUNITIES TO ATTEND INSTITUTIONS OF HIGHER EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $65,760

Program Service Revenue $146,230

Investment Income $0

Other Revenue $3,344

TOTAL REVENUE $215,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $500

Program Expenses $195,972

Other Expenses $204,987

TOTAL EXPENSES $205,487

Year-over-Year Comparison

	2023	2022	Change
Revenue	$215,334	N/A	N/A
Expenses	$205,487	N/A	N/A
Net Income	$9,847	N/A	N/A

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

N/A

Employees

N/A

Volunteers

N/A

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
RONDA TURNEY	CEO	5.00	Officer Director	$0	$0	$0
SONJA WILSON-LAWRENCE	COO	5.00	Officer Director	$0	$0	$0
DIANE ALLISON	CFO	5.00	Officer Director	$0	$0	$0
TARA WILLS	Secretary	5.00	Officer Director	$0	$0	$0
RODNEY CROZIER	President	5.00	Officer Director	$0	$0	$0
TIFFANY SELLERS	Treasurer	5.00	Officer 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
2023	$215,334	$205,487	$40,479	$9,847