Wayne Provision INC

Tax-deductible

Waynesboro, TN501(c)(3)Human ServicesEIN 46-4131212Revenue $5.5M in FY2024

On file with the IRS203 S High St, 38485-2605 · Waynesboro, TNTax-exempt since Mar 2018Publicly supported — 509(a)(2)

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The mission of Wayne Provision is to prevent youth from being placed in department of children's services custody, decrease recidivism, increase quality of life and level of functioning, and help clients develop the power and motivation to achieve successful, independent lives.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $15K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$538K
92% of total assets
Concern: liabilities are 92% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.5M
+37% vs prior year
Spent
$5.5M
To programs
97%
Net assets
$47K
By yearFY2020–FY2024
Revenue
$5.5M
FY2024▲ +37%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.8M
FY2022$2.7M
FY2023$4.0M
FY2024$5.5M
Expenses
$5.5M
FY2024▲ +33%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.8M
FY2022$2.6M
FY2023$4.1M
FY2024$5.5M
Net assets
$47K
FY2024▲ +197%
Tap a bar for its year
Net assets by fiscal year
FY2020−$24K
FY2021−$52K
FY2022−$4K
FY2023$16K
FY2024$47K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Exemption reinstated (2017-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Mar 2018.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $5.3M Management & general 3% · $181K

Form 990 Part IX, line 25, columns B–D. 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
President/Exec Dir
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Wayne Provision 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 15aNo

Programs and updates

Empowers youth to avoid foster care, reduce reoffending, and build successful, independent lives.

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1 program · $5.3M · in their own filed words · FY2024
01

Increase child's quality of life and level of functioning.

$5.3Mprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.5M
Ln 12
Fees for servicesLn 2g$5.5M
Money outPt IX
$5.5M
Ln 25
Programscol B$5.3M
Managementcol C$181K
Owns and owesPt X
$47K
net assets · Ln 32
Cash and savingsLn 1–2$108K
Total assetsLn 16$585K
LiabilitiesLn 26$538K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$5.5M
Total revenueLn 12$5.5M
Assets in detailPt X, end of year
CashLn 1$108K
Cash and savings togetherLn 1–2$108K
Land, buildings, equipmentLn 10c$7K
Total assetsLn 16$585K
LiabilitiesLn 26$538K
Net assetsLn 32$47K
OperationsPt I, VI
EmployeesI 546
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2K$108K
Land, buildings, equipmentLn 10c$13K$7K
Total assetsLn 16$301K$585K
LiabilitiesLn 26$285K$538K
Net assetsLn 32$16K$47K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$2.1M$1.9M$120K
Payroll taxesLn 10$144K$133K$12K
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$2.7M$2.7M$5K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$35K$35K$355
OccupancyLn 16$71K$62K$9K
TravelLn 17$293K$289K$4K
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$93K$93K
Other expenses (24a–d)Ln 24$26K$11K$15K
All other expensesLn 24e$45$45
Total functional expensesLn 25$5.5M$5.3M$181K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $5.5M$5.5M$31K$47K 990 PDF
FY2023 $4.0M$4.1M−$119K$16K 990 PDF
FY2022 $2.7M$2.6M$48K−$4K 990 PDF
FY2021 $1.8M$1.8M−$28K−$52K 990 PDF
FY2020 $1.3M$1.3M−$6K−$24K 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 FY2024 990 (6 parts)
Part I · Summary $5,522,377 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $4,019,626$5,522,377
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $4,019,626$5,522,377
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,680,426$2,196,530
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,457,914$3,294,546
I-18 Total expensesPrior year $4,138,340$5,491,076
I-19 Revenue less expensesPrior year −$118,714$31,301
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $5,522,377 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,522,377$5,522,377
VIII-12 Total revenueRelated to mission $5,522,377 · Unrelated business $0 · Excluded from tax $0$5,522,377
Part IX · Statement of functional expenses $5,491,076 across 12 lines filed
IX-7 Other salaries and wagesPrograms $1,932,211 · Management $120,290$2,052,501
IX-10 Payroll taxesPrograms $132,507 · Management $11,522$144,029
IX-11c Accounting feesManagement $16,650$16,650
IX-11g Other fees for servicesPrograms $2,741,035 · Management $4,627$2,745,662
IX-12 Advertising and promotionPrograms $7,745$7,745
IX-13 Office expensesPrograms $34,544 · Management $355$34,899
IX-16 OccupancyPrograms $61,804 · Management $8,701$70,505
IX-17 TravelPrograms $289,091 · Management $4,300$293,391
IX-22 Depreciation, depletion and amortizationPrograms $6,716$6,716
IX-23 InsurancePrograms $92,935$92,935
IX-24 Other expenses (24a–d)Programs $11,229 · Management $14,769$25,998
IX-24e All other expensesPrograms $45$45
IX-25 Total functional expensesPrograms $5,309,862 · Management $181,214 · Fundraising $0$5,491,076
Part X · Balance sheet $585,231 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $2,466$108,212
X-4 Accounts receivableStart of year $285,000$330,000
X-10c Land, buildings and equipment, netStart of year $13,489$6,773
X-14 Intangible assets$140,246
X-16 Total assetsStart of year $300,955$585,231
X-17 Accounts payable and accrued expensesStart of year $273,111$382,034
X-24 Unsecured notes and loans payableStart of year $11,966$156,018
X-26 Total liabilitiesStart of year $285,077$538,052
X-27 Net assets without donor restrictionsStart of year $15,878$47,179
X-32 Total net assets or fund balancesStart of year $15,878$47,179
X-33 Total liabilities and net assetsStart of year $300,955$585,231
Part XI · Reconciliation of net assets $47,179 net assets at year end
XI-1 Total revenue$5,522,377
XI-2 Total expenses$5,491,076
XI-3 Revenue less expenses$31,301
XI-4 Net assets at start of year$15,878
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$47,179

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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