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Way Back Properties INC FY2020 filing

Richardson, TXUnknown exempt organizationSince 1974EIN 20-2197948

On file with the IRSPo Box 832407 · Richardson, TX

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The mission of wb Properties is to provide, manage & maintain facilities for use by the wb house,INC. In the rehabilitation of ex-offenders,& to provide any available & appropriate financial support to the wb house,INC.as indicated by the operations of the wb house,INC.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 7
filings with a surplus
Average deficit $2K a year · last 7 filings
Concern: a surplus in 3 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
255 mo
of spending, in cash
Looks good: 255.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
Spent
$900
To programs
0%
Net assets
$19K
By yearFY2020–FY2026
Revenue
$0
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
FY2025$0
FY2026$0
Expenses
$900
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$900
FY2021$950
FY2022$9K
FY2023$0
FY2024$2K
FY2025$0
FY2026$0
Net assets
$19K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$19K
FY2021$18K
FY2022$10K
FY2023$10K
FY2024$8K
FY2025$8K
FY2026$0

From the FY2020 Form 990 (year ending August 2020) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $900

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Way Back Properties INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Manages facilities and provides financial support for ex-offender rehabilitation.

Questions for Way Back Properties INC

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Provided by the organization

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1 program · in their own filed words · FY2019
01

Expenses directly related to the ownership, management and maintenance of property owned for use by the way back house, inc. In the rehabilitation of ex-offenders.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$900
Ln 25
Managementcol C$900
Owns and owesPt X
$19K
net assets · Ln 32
Cash and savingsLn 1–2$19K
Total assetsLn 16$19K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Total revenueLn 12$0
Assets in detailPt X, end of year
CashLn 1$19K
Cash and savings togetherLn 1–2$19K
Total assetsLn 16$19K
LiabilitiesLn 26$0
Net assetsLn 32$19K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$20K$19K
Total assetsLn 16$20K$19K
LiabilitiesLn 26$17K$0
Net assetsLn 32$3K$19K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$900$900
Total functional expensesLn 25$900$0$900$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $0$0$0$0 990 PDF
FY2025 $0$0$0$8K 990 PDF
FY2024 $0$2K−$2K$8K 990 PDF
FY2023 $0$0$0$10K 990 PDF
FY2022 $0$9K−$9K$10K 990 PDF
FY2021 $0$950−$950$18K 990 PDF
FY2020 Viewing $0$900−$900$19K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $0 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$0
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $48,903$900
I-18 Total expensesPrior year $48,903$900
I-19 Revenue less expensesPrior year −$48,903−$900
Part VI · Governance 11 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $0 across 1 lines filed
VIII-12 Total revenue$0
Part IX · Statement of functional expenses $900 across 1 line filed
IX-11c Accounting feesManagement $900$900
IX-25 Total functional expensesPrograms $0 · Management $900 · Fundraising $0$900
Part X · Balance sheet $19,153 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $20,053$19,153
X-16 Total assetsStart of year $20,053$19,153
X-26 Total liabilitiesStart of year $17,220$0
X-27 Net assets without donor restrictionsStart of year $2,833$19,153
X-32 Total net assets or fund balancesStart of year $2,833$19,153
X-33 Total liabilities and net assetsStart of year $20,053$19,153
Part XI · Reconciliation of net assets $19,153 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$900
XI-3 Revenue less expenses−$900
XI-4 Net assets at start of year$2,833
XI-8 Prior period adjustments$17,220
XI-10 Net assets at end of year$19,153

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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