CSCharityScored
82

New Way Academy

Other · Phoenix, Arizona

5048 E Oak St, Phoenix, AZ 85008-2522

EIN: 860215781· Founded: Jan 1969· 57 years active· Filing Year: 2023

Annual Revenue

$7.4M

Total Expenses

$7.2M

Total Assets

$7.1M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$398K

5.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.8M

Total Payroll

$4.2M

58% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 58%
Other overhead: 2%
Program Revenue$7.0M (96%)
Total Expenses$7.2M (98%)
Payroll$4.2M (58%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$7.4M annual revenue

15%

Executive Compensation

$398K total officer comp (5.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$7.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.