The Way Of Business
- Assets
- $5.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nine Mile Falls, WA
- Founding
- 09/2013
- Data as of
- 12/2023
- EIN
- 45-5619173
Organization Overview
The Way Of Business is located in Nine Mile Falls, WA. The organization was established in 2013. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Way Of Business 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 12/2023, Way Of Business generated $11.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $14.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOR THE YEAR 2023, THE WAY OF BUSINESS COMPLETED THE FOLLOWING ACTIVITIES IN MEETING OUR EXEMPT PURPOSE ACHIEVEMENTS. ONE HUNDRED AND TEN DAYS WERE SPENT IN THE FIELD COMPLETING ONE HUNDRED AND FORTY SIX CONSULTATIONS WITH CLIENTS, WITH EACH MEETING PROVIDING CONSULTATION ON HOW TO OPERATE THEIR ORGANIZATIONS ACCORDING TO BIBLICAL PRINCIPLES. ADDITIONALLY, OUR ORGANIZATION ORGANIZED A FAITH-BASED COMMITTEE, MADE UP OF TEN RELIGIONS WHOSE WORK WAS TO PROVIDE OUR COMMUNITY LEADERS RECOMMENDATIONS ON HOW BEST TO SECURE A SAFE AND CLEAN CITY FOR OUR AREA, WITH ALL RECOMMENDATIONS BASED UPON COMMONLY HELD RELIGIOUS PRINCIPLES. FOUR NEWSLETTERS WERE SENT TO OUR 420 ALUMNI MEMBERS, EACH PROVIDING VALUABLE UPDATES AND EDUCATION. FOUR EDUCATIONAL SEMINARS WERE CONDUCTED. ELEVEN MOUNTAIN OF BUSINESS PRAYER MEETINGS WERE ORCHESTRATED AND OUR ORGANIZATION PARTICIPATED IN THE COMPLETION OF OUR COMMUNITY'S CELEBRATION OF FAMILY DAY SPOKANE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Tompkins President & CEO | 20 | $0 | |
Mike O'connor Director | 3 | $0 | |
Jeff Jordan Treasurer | 3 | $0 | |
Mark Andreson Vice President | 3 | $0 | |
James Greenup Director | 0 | $0 | |
Christopher Perkins Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,845 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,845 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,975 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $888 |
| Other expenses | $11,191 |
| Total expenses | $14,054 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,209 |
| Other assets | $0 |
| Total assets | $5,209 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,209 |