Civic Intelligence

The Way of Business

EIN 45-5619173 • 501(c)3 • Nine Mile Falls, WA

Profile

The good works assigned to The Way Of Business (TWOB) is first to provide an educational opportunity for people working outside the home to learn how to conduct business Gods way. Secondly, in support of this training is the provision of a website that allows people in the community to continue their educational experience by remaining connected to many of TWOBs continuing education resources and communications. The website will also provide users the opportunity to remain in touch and current with other sectors of the community that extends beyond the fellowship of business people participants. Such sectors will include social services, civil services and churches. The final element of good works is the provision of The Way Of Business Fellowship Review that brings together the four sectors of businesses, social services, civil services and churches for an evening of fellowship, social and civil services updates, special guest speakers and special prayer for community. The outcome is

16720 N Dean RdNine Mile Falls, WA 99026

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

24th percentile

-19%

Higher net margin than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

27th percentile

-30%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

31%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$5,209

Down $2,209 (-30%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$5,209

Down $2,209 (-30%) from 2022

Revenue

Up

$11,845

Up $2,815 (+31%) from 2022

Expenses

Up

$14,054

Up $2,608 (+23%) from 2022

Net Income

Up

-$2,209

Up $207 (+8.6%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2012: $776Liabilities 2012: $02012Assets 2013: $538Net Assets 2013: $5382013Assets 2014: $323Net Assets 2014: $3232014Assets 2015: $3,612Liabilities 2015: $445Net Assets 2015: $3,1672015Assets 2016: $1,193Liabilities 2016: $456Net Assets 2016: $7372016Assets 2017: $1,250Liabilities 2017: $456Net Assets 2017: $7942017Assets 2018: $10,096Net Assets 2018: $10,0962018Assets 2019: $8,221Net Assets 2019: $8,2212019Assets 2020: $11,362Net Assets 2020: $11,3622020Assets 2021: $9,834Net Assets 2021: $9,8342021Assets 2022: $7,418Net Assets 2022: $7,4182022Assets 2023: $5,209Net Assets 2023: $5,2092023

Highlighted filing

2023

Assets$5,209
Liabilities-
Net Assets$5,209

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2012: $7,817Expenses 2012: $7,041Net Income 2012: $7762012Revenue 2013: $41,914Expenses 2013: $42,152Net Income 2013: -$2382013Revenue 2014: $46,970Expenses 2014: $47,185Net Income 2014: -$2152014Revenue 2015: $42,543Expenses 2015: $39,699Net Income 2015: $2,8442015Revenue 2016: $40,608Expenses 2016: $43,038Net Income 2016: -$2,4302016Revenue 2017: $36,329Expenses 2017: $38,033Net Income 2017: -$1,7042017Revenue 2018: $35,105Expenses 2018: $25,803Net Income 2018: $9,3022018Revenue 2019: $12,500Expenses 2019: $14,400Net Income 2019: -$1,9002019Revenue 2020: $9,945Expenses 2020: $6,804Net Income 2020: $3,1412020Revenue 2021: $9,200Expenses 2021: $10,728Net Income 2021: -$1,5282021Revenue 2022: $9,030Expenses 2022: $11,446Net Income 2022: -$2,4162022Revenue 2023: $11,845Expenses 2023: $14,054Net Income 2023: -$2,2092023

Highlighted filing

2023

Revenue$11,845
Expenses$14,054
Net Income-$2,209

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 27, 2024
Return Version
2023v4.0
Gross Receipts
$11,845
Mission and Program Overview

Mission

The good works assigned to The Way Of Business (TWOB) is first to provide an educational opportunity for people working outside the home to learn how to conduct business Gods way. Secondly, in support of this training is the provision of a website that allows people in the community to continue their educational experience by remaining connected to many of TWOBs continuing education resources and communications. The website will also provide users the opportunity to remain in touch and current with other sectors of the community that extends beyond the fellowship of business people participants. Such sectors will include social services, civil services and churches. The final element of good works is the provision of The Way Of Business Fellowship Review that brings together the four sectors of businesses, social services, civil services and churches for an evening of fellowship, social and civil services updates, special guest speakers and special prayer for community. The outcome is

Program Services

DescriptionGrantsExpenses
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.-$14,054
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARL TOMPKINSPresident & CEOPT$0--
MIKE O'CONNORDirector-$0--
JEFF JORDANTreasurer-$0--
MARK ANDRESONVice President-$0--
JAMES GREENUPDirector-$0--
CHRISTOPHER PERKINSDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Way of Business
EIN
45-5619173
Phone
5099946478
Address
16720 N DEAN RD, NINE MILE FALLS, WA 99026

Signing Officer

Name
Carl Tompkins
Title
President & CEO
Signed
2024-02-27
Discuss with paid preparer
Yes

Preparer

Firm
Jordan Hatfield PLLC
Address
312 N Mullan Rd, SPOKANE VALLEY, WA 99206
Preparer
Jeffrey A Jordan EA
Phone
5099271040
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $479

Other Expenses.1005

Travel $1445

Other Expenses.1012

Insurance $1222

Other Expenses.1

Spoane Family Day Exp $4630

Other Expenses.2

Meals & Entertainment $1418

Other Expenses.3

Donation Expenses $1000

Other Expenses.5

Telephone $864

Other Expenses.6

Licenses & Permits $133

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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