The Brave Way Home
Legal name: Brave Way Home Inc
Nonprofit profile at a glance
- EIN
- 861426538
- IRS 990 coverage
- 2023–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- New Albany, IN, USA
- Phone
- 2178712413
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $262,503
- Expenses
- $231,301
- Assets
- $165,350
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Phil Miller (President)
Highest reported compensation
- Crystal Woods (Director): $60,635 total reported compensation
- Benjamin Woods (Director): $16,126 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Brave Way Home seeks to surrender our story to call and equip fellow wayfarers to deeper living, eyes fixed on Jesus and hearts set on Heaven. Every gift** helps make this movement possible. We are humbled that you would invest in the mission and vision of The Brave Way Home and grateful that God has provided for our journeys to come alongside each other. Because both of our full-time salaries and our entire ministry budget are based on the contributions we receive, **your generosity makes a pathway** for our ministry expressions to be freely accessible to other wayfarers. If God is prompting your heart to financially support The Brave Way Home, whether by a **one time gift or a monthly commitment** , we are grateful for His provision and your obedience!
What it reported doing in 2024
Preaching and teaching in various church services, retreats, events and workshops by presenting Biblical truth and trainings, furthering our exempt purpose of discipleship with fellow wayfarers. In 2024 this consisted of over 101 physical speaking engagements, as well as broadcasting 17 podcasts. Grant figure of $450 under this program service pertains to a $250 gifts to volunteers, as well as $200 as an honorarium for worship leaders at worship events.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 78% for direct work, 19% for grants, and 3% for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 94
- Accountability: 66
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.2%; rating input score 97
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 99%; rating input score 99; 59th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 22nd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.9%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.71; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 33.2%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 28.4% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 24.7% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 26% per year; rating input score 100; 89th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 97.2% of revenue deployed · 100% of spending went to programs
- Governance: 5 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $231K in reported program spending
- Leadership: top reported pay $61K · 5 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Officer compensation ratio scored 9/100.