Ways to Work Inc

Nonprofit profile at a glance

EIN
391945011
IRS 990-EZ coverage
2018–2018
Forms available
Form 990 2017, Form 990-EZ 2018
Location
Milwaukee, WI, USA
Phone
4143591040
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Management & Technical Assistance

Official website

Reported finances

Revenue
$166,815
Expenses
$287,692
Assets
$111,197
Liabilities
$19,268

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • SUSAN N DREYFUS (CEO)

People named in this filing

  • J HUNTER ATKINS (CHAIRMAN)
  • TONYA JACKSON SMALLWOOD (DIRECTOR)
  • DONALD W LAYDEN JR (DIRECTOR)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Ways to Work, Inc. is to strengthen the capacity of member organizations of the Alliance for Strong Families and Communities, Inc. To serve their communities by promoting strategies to improve the financial condition of distressed families.

What it reported doing in 2018

Ways to work inc. (wtw) provides small loans to low-income families to help the families achieve increased self-sufficiency and a higher degree of success in mainstream financial markets. The purpose of the loan is to help family members pay for unexpected expenses that could interfere with their ability to keep a job or stay in school. Quite often the loans are to purchase or fix a car. Wtw provides training, technical assistance and capital to establish and sustain this loan program in local communities.

Operating model

Revenue model
Other-operating. 65% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 74
  • Sustainability: 16
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 72.2%; rating input score 72

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -72.5%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 1.5%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -26.8% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -25.2% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 72.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $208K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 3 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.