Alis Way
- Assets
- $56.7k
- Revenue
- $61.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 05/2008
- Data as of
- 12/2022
- EIN
- 20-5606598
Organization Overview
Alis Way is located in Memphis, TN. The organization was established in 2008. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alis Way is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Alis Way generated $61.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $38.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION'S MISSION STATEMENT IS "TO HELP KIDS WITH CANCER". THE FIGHT AGAINST CANCER INVOLVES MORE THAN JUST THE PATIENT. IT ALSO INCLUDES SIBLINGS AND PARENTS. MANY PATIENTS MUST STAY IN THE HOSPITAL FOR EXTENDED PERIODS OF TIME. THE CORPORATION'S PRIMARY GOAL IS TO ASSIST THESE FAMILIES AS THEY FIGHT CANCER. THE CORPORATION'S SECOND GOAL IS TO "HELP TEENAGERS CULTIVATE AND DEVELOP A PASSION FOR PHILANTHROPY BY HELPING OTHER CHILDREN WITH LIFE THREATENING ILLNESSES". THE CORPORATION'S THIRD GOAL IS "TO DIRECTLY IMPACT RESEARCH PROJECTS AND PLAY A PART IN THE CURE OF NEUROBLASTOMA".
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY 922... ASSISTANCE FOR FAMILY NEEDS AND CANCER PATIENT WISHES BY DONATIONS RAISED OF $48,807 FOR THE FAMILIES RESIDING AT THE RONALD MCDONALD HOUSE, MEMPHIS, TN. VOLUNTEERS NORMALLY PREPARE AND SERVE BREAKASTS AND DINNERS FOR THE RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Mills Director | Trustee | 5 | $0 |
Nancy Mills President | Officer | 5 | $0 |
Janice Compton Secretary/treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,807 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $1,032 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,807 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,046 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,165 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $38,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,535 |
| Savings and temporary cash investments | $17,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $878 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $56,706 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $56,706 |
| Total liabilities and net assets/fund balances | $56,706 |
Grants Awarded
Over the last fiscal year, Alis Way has awarded $81,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RONALD MCDONALD HOUSE PURPOSE: TO ASSIST FAMILIES AS THEY FIGHT CANCER.TO ASSIST FAMILIES AS THEY FIGHT CANCER. | $61,900 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: TO CONTINUE RESEARCH AND PROVIDE TREATMENTS FOR CHILDREN BATTLING CANCER.TO CONTINUE RESEARCH AND PROVIDE TREATMENTS FOR CHILDREN BATTLING CANCER. | $20,000 |