Direction61 3

990 • Fiscal year 2023 • EIN 81-4392389

Nov 01, 2022 to Oct 31, 2023

Organization Profile direction613.org

Mckinney, TX

Siviq Scores

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

0.62x

Higher debt load relative to assets than 88% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

1.41x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

2.8%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

No value available

This filing does not contain officer compensation rows.

Source year 2023

40%

Faster asset growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

36%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets88th percentile

Assets

$2,256,156

Up $645,431 (+40%) from 2022

Net Assets

$855,963

Up $27,587 (+3.3%) from 2022

Liabilities

$1,400,193

Up $617,844 (+79%) from 2022

Revenue And Expenses

Liabilities / Revenue91st percentile Net Margin48th percentile

Revenue

$990,961

Up $259,958 (+36%) from 2022

Expenses

$963,374

Up $351,914 (+58%) from 2022

Net Income

Down

$27,587

Down $91,956 (-77%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

Highlighted filing

2023

Assets$2,256,156

Liabilities$1,400,193

Net Assets$855,963

Open 2023 Filing

Operations Trend

Revenue Growth79th percentile

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

Highlighted filing

2023

Revenue$990,961

Expenses$963,374

Net Income$27,587

Open 2023 Filing

Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Nov 1, 2022 to Oct 31, 2023

Mission and Program Overview

Mission

Direction61:3 exists to show Christ's love to youth aging out of foster care through housing, Life-Skills training, educational placement and assistance, and spiritual formation through discipleship.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $2,256,156
Liabilities: $1,400,193
Net assets: $855,963
Revenue: $990,961
Expenses: $963,374
Net income: $27,587

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.40	$1.28	$2.12	$2.52	$1.25	$1.27
2023Summary only. Only limited summary data is available for this year.	$2.26	$1.40	$0.86	$0.99	$0.96	$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.61	$0.78	$0.83	$0.73	$0.61	$0.12
2021Summary only. Only limited summary data is available for this year.	$0.71	$0.00	$0.71	$0.47	$0.36	$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.59	$0.00	$0.59	$0.41	$0.30	$0.11
2019Summary only. Only limited summary data is available for this year.	$0.47	$0.00	$0.47	$0.31	$0.24	$0.07
2018Summary only. Only limited summary data is available for this year.	$0.40	$0.00	$0.40	$0.38	$0.10	$0.28
2017Summary only. Only limited summary data is available for this year.	$0.09	$0.00		$0.11	$0.01	$0.09