Civic Intelligence

The Way Enterprises Inc

EIN 87-1149599 • 501(c)3 • San Marcos, CA

Profile

To provide excellence in early childhood education and care. Resourcing and equipping families on whole child formation.

1915 N Twin Oaks Valley RdSan Marcos, CA 92069

www.thewaypreschool.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

63rd percentile

9.2%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Assets

$69,524

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$69,524

No earlier filing loaded for comparison.

Revenue

$354,246

No earlier filing loaded for comparison.

Expenses

$321,508

No earlier filing loaded for comparison.

Net Income

$32,738

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2025: $69,524Liabilities 2025: $0Net Assets 2025: $69,5242025

Highlighted filing

2025

Assets$69,524
Liabilities$0
Net Assets$69,524

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2025: $354,246Expenses 2025: $321,508Net Income 2025: $32,7382025

Highlighted filing

2025

Revenue$354,246
Expenses$321,508
Net Income$32,738

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$3.54$3.22$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$354,246
Mission and Program Overview

Mission

To provide excellence in early childhood education and care. Resourcing and equipping families on whole child formation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$36,805$67,969▲ $31,164
Accounts Receivable-$1,555-
Total Assets$36,805$69,524▲ $32,719
Liabilities
Other Liabilities$19--
Total Liabilities$19$0▼ $19
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$36,786$69,524▲ $32,738
Total Net Assets Fund Balance$36,786$69,524▲ $32,738
Total Liabilities and Net Assets / Fund Balance$36,805$69,524▲ $32,719
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gregory Denham IICEOFT$46,000$46,000

Board Members and Trustees

NameTitle
Robert ColucciCFO
Norman ThompsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$25,879
Program Service Revenue
$328,360
Investment Income
$7
Other Revenue
$0
All Other Contributions
$25,879
Change in Net Assets
$32,738

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
Other Non Cash Contri Table2$25,879Fair Market Value (FMV)
Total Noncash Contributions2$25,879-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$197,475
Other Expenses$123,953
Grants and Similar Amounts Paid$80
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$134,965--$134,965
Current Officers, Directors, Trustees, and Key Employees$46,000--$46,000
Occupancy$30,824--$30,824
Payroll Taxes$16,510--$16,510
Office Expenses$1,350$9,633-$10,983
Fees for Services Other$4,854--$4,854
Fees for Services Legal-$3,289-$3,289
Insurance$2,207--$2,207
All Other Expenses-$1,304-$1,304
Advertising-$1,178-$1,178
Other Expenses$1,140--$1,140
Fees for Services Accounting-$618-$618
Travel$221--$221
Grants to Domestic Orgs$80--$80
Total Functional Expenses$305,486$16,022$0$321,508
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
CA Payroll Taxes Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization reviews the 990 form at a board meeting prior to submitting to the IRS.

Form 990, Part VI, Section B, Line 12C

The organization enforced compliance with its conflict of interest policy by reviewing it periodically at board meetings.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Form 990, Part VI, Section B, Line 15A 15B

The organization uses the following methods to establish compensation packages for its employees Compensation Study or Survey Approval by the Board

Filing and Contact Details

Filer

Filer Name
The Way Enterprises Inc
EIN
87-1149599
Phone
7605665675
Address
1915 N Twin Oaks Valley Rd, San Marcos, CA 92069

Signing Officer

Name
Gregory Garner Denham II
Title
CEO
Phone
7605665675
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Garner Denham II
Formed
2021
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
4
Volunteers
2

Preparer

Firm
Foundation Group Inc
Address
2451 Atrium Way Suite 300, Nashville, TN 37214
Preparer
Andrew D Payne EA
Phone
6153619445
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02451 Atrium Way Suite 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037214
ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Andrew D Payne EA
ReturnHeader/ReturnTs02025-10-29T04:56:56-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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