The Way Home Inc

Organization Overview

The Way Home Inc is located in Manchester, NH. The organization was established in 1994. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Way Home Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Way Home Inc 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 06/2021, Way Home Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.6m during the year ending 06/2021. While expenses have increased by 2.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SERVICES TO PREVENT HOMELESSNESS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SECURITY DEPOSIT LOANS TO LOW INCOME HOUSEHOLD, PROVIDE BUDGET COUNSELING, TENANT ADVOCACY SERVICES, PREVENT HOMELESSNESS, AND RESOURCE MANAGEMENT TRAINING


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Board, Officers & Key Employees

Name (title)Compensation
Bianka Beaudoin
Executive Di
$78,661
Mary Sliney
Past Executi
$63,710
Sara Beaudry
Vice Preside
$0
Rick Blais
President
$0
Melissa Magoon
Treasurer
$0
Elin Treanor
Agent
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,039,232
All other contributions, gifts, grants, and similar amounts not included above$342,445
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,381,677
Total Program Service Revenue$301,581
Investment income $275
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $244,865
Net Income from Fundraising Events $1,594
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,929,992

Grants Recieved

Over the last fiscal year, we have identified 6 grants that The Way Home Inc has recieved totaling $31,795.

Awarding OrganizationAmount
New Hampshire Charitable Foundation

Concord, NH

PURPOSE: For enhanced housing services for low income senior women

$15,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$7,500
Darald And Julie Libby Foundation

Naples, FL

PURPOSE: CHARITABLE

$5,000
Archibald Foundation Inc

Tallahassee, FL

PURPOSE: GENERAL OPERATIONS

$4,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$250
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$45
View Grant Recipient Profile

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