Joshuas Way Inc
- Assets
- $590.5k
- Revenue
- $200.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Greer, SC
- Founding
- 05/2000
- Data as of
- 08/2023
- EIN
- 57-1091204
Organization Overview
Joshuas Way Inc is located in Greer, SC. The organization was established in 2000. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 08/2023, Joshuas Way Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joshuas Way Inc 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 08/2023, Joshuas Way Inc generated $200.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $179.1k during the year ending 08/2023. While expenses have increased by 3.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN STUDY AND SERVICE CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE FUND JOSHUA'S WAY INC. ("JWI") SEEKS TO PROMOTE AND PROVIDE COMPASSIONATE MINISTRIES TO PERSONS IN NEED, INCLUDING PERSONS WITH SPIRITUAL, FINANCIAL, EDUCATIONAL, SOCIAL AND OTHER BASIC NEEDS. WITH RENT, UTILITIES, TRANSPORTATION AND EMERGENCY MEDICAL EXPENSES. IN ADDITION TO FINANCIAL ASSISTANCE, JWI DEVELOPS A BASE OF VOLUNTEERS TO SERVE AS MENTORS TO ADVISE AND ENCOURAGE THOSE IN DIFFICULT ECONOMIC CIRCUMSTANCES IN THE HOPE THAT IMPROVED BEHAVIOR PATTERNS CAN BE TRANSFORMED AND SELF-SUFFICIENCY CAN BE ESTABLISHED.
CROSS CULTURE NETWORK, ETHIOPIA PROJECT AND OPERATION CHRISTMAS CHILD THIS ASPECT OF JWI MINISTERS TO INTERNATIONAL STUDENTS IN OUR GEOGRAPHICAL AREA. THROUGH THIS OUTREACH TO LOCAL CAMPUSES, JWI TOUCHES THE LIVES OF STUDENTS FROM MANY COUNTRIES. THE STUDENTS COME FROM ACROSS THE GLOBE, BUT ARE MOSTLY FROM COUNTRIES IN ASIA, AFRICA, CENTRAL AMERICA AND SOUTH AMERICA. BY ASSISTING INTERNATIONAL STUDENTS IN NAVIGATING THROUGH THE PROCESS OF FINDING APARTMENTS AND RELATED HOUSEHOLD NEEDS, CROSS CULTURE NETWORK CONNECTS WITH STUDENTS IN MEANINGFUL WAYS. THE STUDENTS ARE INVITED TO JOIN IN DINNER PARTIES, TRIPS AND CONFERENCES THAT GIVE OPPORTUNITIES TO DEVELOP RELATIONSHIPS AND SHARE THE GOSPEL WITH THEM. JOSHUA'S WAY IS ALSO THE LOCAL CENTER FOR COLLECTION AND DISTRIBUTION OF THE SHOEBOX GIFTS. DUE TO THE EFFECTS OF COVID-19, THE PACE OF UVP SURGERIES SLOWED CONSIDERABLY. HOWEVER, WE ANTICIPATE THIS SITUATION CHANGING AND UVP SURGERIES INCREASING IN NUMBER AS WELL AS OUR SUPPORT DURING THE COMING FISCAL YEAR.
TEACHING MINISTRY JOSHUA'S WAY PROVIDES COURSES AND SEMINARS TO GIVE LAY PEOPLE A DEEPER UNDERSTANDING OF THE SCRIPTURES AND CHRISTIAN FAITH AND TO ENCOURAGE THEM TO MINISTER IN THE COMMUNITY.THIS INCLUDES BUT IS NOT LIMITED TO PROVIDING RESOURCES IN THE FORM OF A LIBRARY AND COMPUTER SOFTWARE TRAINING. PERSONAL DEVELOPMENT FOR MINISTRY INCLUDES ASSISTANCE IN INDIVIDUAL ASSESSMENTS AND TRAINING WHERE THEY CAN MOST EFFECTIVELY VOLUNTEER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Florin Palghia Employee | Officer | 36 | $57,000 |
Vernon Baxley Director | Trustee | 2 | $0 |
Heath Hicks Director | Trustee | 2 | $0 |
Dan Johnson President | OfficerTrustee | 36 | $18,000 |
Randy Kemp Treasurer | Trustee | 2 | $0 |
Tully Stoudemayer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $199,953 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,953 |
| Total Program Service Revenue | $380 |
| Investment income | $294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $200,627 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,950 |
| Grants and other assistance to domestic individuals. | $3,325 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,648 |
| Payroll taxes | $5,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $501 |
| Advertising and promotion | $1,838 |
| Office expenses | $1,640 |
| Information technology | $2,154 |
| Royalties | $0 |
| Occupancy | $14,853 |
| Travel | $547 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $7,246 |
| Conferences, conventions, and meetings | $936 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,175 |
| Insurance | $4,533 |
| All other expenses | $0 |
| Total functional expenses | $179,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,194 |
| Savings and temporary cash investments | $260,020 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $281,264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $590,478 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $590,478 |
| Total liabilities and net assets/fund balances | $590,478 |