Martha Way Corporation
Nonprofit profile at a glance
- EIN
- 943185162
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2011, Form 990-EZ 2024
- Location
- Santa Rosa, CA, USA
- Phone
- 7075269782
- Rating confidence
- Limited
Reported finances
- Revenue
- $46
- Assets
- $62,000
- Liabilities
- $455,220
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- SHARON WRIGHT (DIRECTOR)
- DAVID GOUIN (CHAIR)
- PAUL DONALDSON (VICE CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is to own and operate affordable rental housing.
What it reported doing in 2024
The corporation is a 0.5% general partner in grosman apartments investors, a partnership that provides low-income housing.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 0
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 7.34; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 20.6% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: -12.9% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -6.2% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Related organizations: 47 filed related-organization links
- 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.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.