Way Finders INC

Springfield, Massachusetts

BHealth Score
57B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 17 peers in Housing & Shelter with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.16×
Peer Median0.18×
💰
$113.1M
Total Revenue
📊
$112.8M
Total Expenses
🏦
$17.6M
Net Assets
📋
$52.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.9%
Year-over-year change (2022 → 2023)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.16
Net assets divided by total expenses
Liabilities-to-Assets
74.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$113,124,627↓33%$112,785,347↓33%$69,807,818↑24%
2022$168,594,430↑56%$168,385,357↑60%$56,219,602↓13%
2021$108,391,886↑39%$105,109,255↑35%$64,833,045↑29%
2020$78,199,932↓4%$77,677,458$50,310,773↑6%
2019$81,397,275↑14%$77,895,462↑10%$47,619,733↑40%
2018$71,634,248↑3%$70,818,652↑1%$34,093,563↑13%
2017$69,436,611↑3%$69,872,197↑2%$30,059,412↓2%
2016$67,623,473↑10%$68,397,527↑12%$30,788,236↑16%
2015$61,206,524↓1%$61,115,709$26,554,463↑6%
2014$61,758,669$60,842,154$24,977,801↑10%
2013$61,545,784↑13%$60,982,952↑13%$22,674,565↓1%
2012$54,676,794↑8%$54,029,177↑8%$22,799,674↑21%
2011$50,626,315$49,912,297$18,853,461

Frequently Asked Questions

What does Way Finders INC do?▼

Way Finders INC is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Way Finders INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Way Finders INC has a score of 57/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Way Finders INC generate?▼

Way Finders INC reports $129.8M in annual revenue and holds $71.0M in total assets, based on IRS filings.

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