Nates Way
- Assets
- $0.0
- Revenue
- $500.0
- Investments
- $0.0
- Employees
- 0
- Location
- Highlands Ranch, CO
- Founding
- Data as of
- 12/2022
- EIN
- 82-3554916
Organization Overview
Nates Way is located in Highlands Ranch, CO. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nates 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, Nates Way generated $500.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $75.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (54.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEED THE HOMELESS AND PROVIDED BASIC NECESSITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Burnette Founder | 5 | $0 | |
Clint Burnette Co Founder | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $75 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $75 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Albuquerque Health Care For The Homeless Inc Albuquerque, NM | $9,726,634 | $8,408,602 |
Shelter The Homeless Committee Inc Salt Lake City, UT | $80,598,080 | $5,255,300 |
Youth On Their Own Tucson, AZ | $15,056,651 | $5,729,576 |
The Inn Between Salt Lake City, UT | $5,928,190 | $2,354,240 |
Steelbridge Ministries Albuquerque, NM | $4,191,258 | $2,008,143 |
Casa De Peregrinos Inc Las Cruces, NM | $1,546,785 | $1,701,397 |
Interfaith Hospitality Network Of Colorado Springs Colorado Springs, CO | $529,555 | $1,413,360 |
Hope-Homeless Outreach Providing Encouragement Longmont, CO | $552,586 | $1,213,052 |
Arizona Housing Coalition Phoenix, AZ | $1,512,847 | $1,145,152 |
Colorado River Regional Crisis Services Parker, AZ | $640,987 | $928,797 |
Family Promise Of Lawrence Inc Lawrence, KS | $839,532 | $814,364 |
People Assisting The Homeless Inc Farmington, NM | $471,616 | $866,006 |