The Rightway Foundation

EIN: 900761009 501(c)(3) Employment

Los Angeles, CA

Total Revenue
$4,318,211
Total Expenses
$2,433,018
Total Assets
$4,993,452
Net Assets
$3,914,644
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
Franco Vega
Phone
3239035021
Tax Period
2023-07-01 to 2024-06-30

The Rightway Foundation, founded in 2011, is a community nonprofit in the Employment sector that reported $4.3M in total revenue in fiscal year 2023. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 44% operating margin.

Mission

To Build A Properous Future For Foster Youth By Providing Them With A Foundation Of Support,Good Values And Mental Health Treatment Solidified Through Employment.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,964,360
Program Service Revenue $319,076
Investment Income $34,775
Other Revenue $0
TOTAL REVENUE $4,318,211

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,254,902
Fundraising Expenses $255,063
Program Expenses $1,747,789
Other Expenses $1,178,116
TOTAL EXPENSES $2,433,018

Year-over-Year Comparison

2023 2022 Change
Revenue $4,318,211 $2,177,397 +1.0%
Expenses $2,433,018 $1,805,662 +0.3%
Net Income $1,885,193 $371,735 +4.1%
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
7
Independent Members
7
Employees
15
Volunteers
10

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
0
$0
Total Directors
7
$0
Key Employees
1
$112,206
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK CREWS BOARD PRESIDENT 2.00
Director
$0 $0 $0
JANET LEE BOARD TREASURER 2.00
Director
$0 $0 $0
JASMINE PLUMMER BOARD SECRETARY 2.00
Director
$0 $0 $0
STEPHEN ALEXANDER FOUNDER/CEO 2.00
Director
$0 $0 $0
WAYANI TAYLOR CEO 2.00
Director
$0 $0 $0
TAMMARA ANDERSON EXECUTIVE DIRECTOR 2.00
Director
$0 $0 $0
WHITNEY LEIGH MORRIS FOUNDER/CEO 2.00
Director
$0 $0 $0
FRANCO VEGA CEO 40.00
Key Emp
$112,206 $0 $112,206
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 No data No data No data No data
2024 $4,318,211 $2,433,018 $4,993,452 $1,885,193
2024 $4,394,684 $2,624,668 $4,916,182 $1,770,016
2023 $2,177,396 $1,797,661 $2,986,960 $379,735
2023 $2,177,397 $1,805,662 $2,932,848 $371,735
2022 $2,144,208 $1,098,945 $1,855,980 $1,045,263
2021 $1,175,404 $854,161 $850,344 $321,243
2021 $1,164,903 $919,560 $849,344 $245,343
2020 $503,286 $591,095 $387,180 $-87,809
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