Renton, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WAY BACK INN FOUNDATION, founded in 1992, is a small nonprofit that reported $166K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.
Way Back Inn provides transitional housing, up to 2 years, to homeless families with children, while helping them rebuild their lives, dignity, and self confidence.
Way Back Inn's main program is to provide transitional housing for homeless families with children. Ranging in time from 30 days to 2 years, this housing provides security, a home address to assist...
Way Back Inn's main program is to provide transitional housing for homeless families with children. Ranging in time from 30 days to 2 years, this housing provides security, a home address to assist with education and/or occupation searches, and stability. We also provide assistance for housing rents, utilities and moving expenses to those in danger of losing their homes. In 2024, we provided help to 10 families (33 individuals). Also, 87% of the families that stayed in our houses were able to move out to either permanent market rate housing, longer term transitional housing, or supportive housing. As a result of our assistance, families were enrolled in continuing education and over 70% of the households we served were under 30% of the area median income. Based on the increase of homelessness in the Seattle area, Way Back Inn's services are more in demand than ever before.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $165,576 | $139,648 | +0.2% |
| Expenses | $165,453 | $246,832 | -0.3% |
| Net Income | $123 | $-107,184 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dorothy Francis | Past President, Emeritus Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Vern Francis | Emeritus Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Connie Hyman | Emeritus Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Kajal Ram | President | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Sanders | Vice President | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Jason Dunbar | Treasurer | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nathan Thompson | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| J Chris Johnson | Board and Past President | 1 |
Director
|
$0 | $0 | $0 |
| Balbir Singh | Board | 4.00 |
Director
|
$0 | $0 | $0 |
| Scott Roberts | Board | 5.00 |
Director
|
$0 | $0 | $0 |
| Rochelle Herteg | Board | 6.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $165,576 | $165,453 | No data | $123 |
| 2023 | $139,648 | $246,832 | $487,466 | $-107,184 |
| 2022 | $189,425 | $243,234 | $594,408 | $-53,809 |
| 2021 | $284,773 | $245,653 | $648,812 | $39,120 |
| 2020 | $254,287 | $228,545 | $632,105 | $25,742 |
| 2019 | $198,966 | $226,656 | $594,569 | $-27,690 |
| 2019 | $189,158 | $226,503 | $585,426 | $-37,345 |
| 2018 | $225,192 | $231,346 | $627,994 | $-6,154 |
Compare WAY BACK INN FOUNDATION with other nonprofits in Washington and across the country.