Civic Intelligence

Wakway Inc.

990 • Fiscal year 2019 • EIN 81-3860666

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 09, 2020

PO Box 13031Scottsdale, AZ 85267

(602) 418-1811

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-6.0%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

11th percentile

-41%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

96th percentile

207%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$46,614

Down $31,974 (-41%) from 2018

Net Assets

Down

$45,674

Down $30,138 (-40%) from 2018

Liabilities

Down

$940

Down $1,836 (-66%) from 2018

Revenue

Up

$498,936

Up $336,159 (+207%) from 2018

Expenses

Up

$529,074

Up $438,596 (+485%) from 2018

Net Income

Down

-$30,138

Down $102,437 (-142%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2017: $3,513Liabilities 2017: $02017Assets 2018: $78,588Liabilities 2018: $2,776Net Assets 2018: $75,8122018Assets 2019: $46,614Liabilities 2019: $940Net Assets 2019: $45,6742019Assets 2020: $43,866Liabilities 2020: $5,752Net Assets 2020: $38,1142020Assets 2021: $18,523Liabilities 2021: $9,392Net Assets 2021: $9,1312021Assets 2022: $29,437Liabilities 2022: $11,607Net Assets 2022: $17,8302022Assets 2023: $263,090Liabilities 2023: $14,386Net Assets 2023: $248,7042023Assets 2024: $78,349Liabilities 2024: $8,646Net Assets 2024: $69,7032024

Highlighted filing

2019

Assets$46,614
Liabilities$940
Net Assets$45,674

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2017: $47,207Expenses 2017: $43,694Net Income 2017: $3,5132017Revenue 2018: $162,777Expenses 2018: $90,478Net Income 2018: $72,2992018Revenue 2019: $498,936Expenses 2019: $529,074Net Income 2019: -$30,1382019Revenue 2020: $77,519Expenses 2020: $85,079Net Income 2020: -$7,5602020Revenue 2021: $45,573Expenses 2021: $74,556Net Income 2021: -$28,9832021Revenue 2022: $53,181Expenses 2022: $44,482Net Income 2022: $8,6992022Revenue 2023: $394,349Expenses 2023: $163,475Net Income 2023: $230,8742023Revenue 2024: -$107,804Expenses 2024: $62,388Net Income 2024: -$170,1922024

Highlighted filing

2019

Revenue$498,936
Expenses$529,074
Net Income-$30,138
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 9, 2020
Return Version
2019v5.0
Gross Receipts
$498,936
Mission and Program Overview

Mission

Impacts lives through innovative food repurposing programs.

Impacts lives through innovative food repurposing programs. Weredistribute ugly fresh fruits and vegetables into food-desert areas.we work with for-profit companies to turn waste into healthy productsthat can be distributed to at-risk populations like inner city kidsand families and the elderly. We work with universities to create newfood innovations to reduce food waste. We look at best practices

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$78,588$46,614▼ $31,974
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$78,588$46,614▼ $31,974
Other Assets Total-$0-
Liabilities
Other Liabilities$2,776--
Accounts Payable and Accrued Expenses-$940-
Total Liabilities$2,776$940▼ $1,836
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$75,812$45,674▼ $30,138
Total Net Assets Fund Balance$75,812$45,674▼ $30,138
Total Liabilities and Net Assets / Fund Balance$78,588$46,614▼ $31,974
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$498,936
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$498,936
Change in Net Assets
$-30,138

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory2$405,590Fair Market Value (FMV)
Other Non Cash Contri Table1$27,000Fair Market Value (FMV)
Other Non Cash Contri Table1$18,811Fair Market Value (FMV)
Other Non Cash Contri Table1$10,500Fair Market Value (FMV)
Total Noncash Contributions5$461,901-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$461,901
Other Expenses$67,173
Total Fundraising Expense$10,778
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$461,901--$461,901
Fees for Services Management$14,737$3,900$10,778$29,415
Advertising$5,190$5,976-$11,166
Travel$4,153$5,949-$10,102
Other Expenses$1,930$2,000-$2,000
Office Expenses$256$1,320-$1,576
All Other Expenses$1,163$265-$1,428
Fees for Services Legal-$159-$159
Total Functional Expenses$489,330$28,966$10,778$529,074
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Market - CornerstonDallas, TX-Provide Food to the Needy$0
Community Market - Harvest PrGoodyear, AZ-Provide Food to the Needy$0
Community Market - LDS ChurchPhoenix, AZ-Provide Food to the Needy$0
Community Market - LDS ChurchPhoenix, AZ-Provide Food to the Needy$0
Community Market - Luke AirGlendale, AZ-Provide Food to the Needy$0
Community Market - Mesa DBatMesa, AZ-Provide Food to the Needy$0
Community Market - Tucson RodTucson, AZ-Provide Food to the Needy$0
Cornerstone ChurchDallas, TX-Provide Food to the Needy$0
RBI ArizonaMesa, AZ--$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Wakway Inc
EIN
81-3860666
Phone
6024181811
Address
PO Box 13031, Scottsdale, AZ 85267

Signing Officer

Name
Michelle Campbell-Truman
Title
Treasurer
Phone
6024181811
Signed
2020-06-09
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Eecpa
Address
15900 North 78th Street Suite 100, Scottsdale, AZ 85260
Preparer
Elizabeth Hale CPA
Phone
4805968299
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IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc4Food
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc5Food
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc6Food
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc7Food
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc8New Baseball Equipment
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Provide Food to the Needy
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Provide Food to the Needy
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Provide Food to the Needy
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Provide Food to the Needy
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Provide Food to the Needy
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Provide Food to the Needy
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Provide Food to the Needy
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Provide Food to the Needy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Community Market - Cornerston
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Community Market - Harvest Pr
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Community Market - LDS Church
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Community Market - LDS Church
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Community Market - Luke Air
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Community Market - Mesa DBat
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Community Market - Tucson Rod
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Cornerstone Church
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8RBI Arizona
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01819 Martin Luther King Jr
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt114900 W Van Buren St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23802 N 59th Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3650 W Southern Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt414185 W Falcon St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51455 S Stapley Dr
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt64823 S Sixth Av
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71819 Martin Luther King Jr
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt81455 S Stapley Dr
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Dallas
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Goodyear
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Phoenix
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Phoenix
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Glendale
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Mesa
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Tucson
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Dallas
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Mesa
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd075215
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd185338
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd285033
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd385040
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd485309
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd585204
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd685714
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd775215
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd885204
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc3FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc4FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc5FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc6FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc7FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc8FMV
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt09
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt02
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0405590
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt21
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0New Baseball Equipment
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Forklift Services
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2Catering Services
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt018811
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt110500
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt227000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt078588
IRS990/TotalAssetsEOYAmt046614
IRS990/TotalAssetsGrp/BOYAmt078588
IRS990/TotalAssetsGrp/EOYAmt046614
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0498936
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010778
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028966
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0489330
IRS990/TotalFunctionalExpensesGrp/TotalAmt0529074
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02776
IRS990/TotalLiabilitiesEOYAmt0940
IRS990/TotalLiabilitiesGrp/BOYAmt02776
IRS990/TotalLiabilitiesGrp/EOYAmt0940
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt075812
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt045674
IRS990/TotalProgramServiceExpensesAmt0489330
IRS990/TotalProgramServiceRevenueAmt00

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