My Way Out INC EIN 87-1385421 Form 990 (PDF) Claim this org

My Way Out INC

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Empowering justice-impacted individuals with resources, support, and jobs to reduce recidivism and build stronger communities. For fiscal year 2025 it reported $838K in revenue, $426K in expenses, and $565K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Crime & Legal
Location
Milwaukee, WI
Website
www.mwout.org
Filings
4 on file (2022–2025)
Revenue
$838KFY2025
Expenses
$426K
Net assets
$565K
People
12
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-1385421 Public charity (501(c)(3)) Milwaukee, WI Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering justice-impacted individuals with resources, support, and jobs to reduce recidivism and build stronger communities.
Leadership
Ruben Gaona · Executive Director · $83K
Money in and out
$838K revenue, $426K expenses
Bottom line
62% program efficiency
Where the money goes · FY2025
Total revenue
$838K
Pt VIII · Ln 12
Total expenses
$426K
Pt IX · Ln 25
Net assets
$565K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $412K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.28 Fundraising $0.09
Program efficiency
62%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate▲ +174% vs prior filing year
Surplus margin
+49%
revenue over expenses, this year▲ ×42 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$838K
FY2025▲ +110%
Expenses
$426K
FY2025▲ +8%
Total assets
$582K
FY2025▲ +252%
Total liabilities
$17K
FY2025▲ +47%
Total revenue
$838K
Pt VIII · Ln 12
Total expenses
$426K
Pt IX · Ln 25
Net assets
$565K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$412K
Total assetsPt X · Ln 16$582K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $266K of program spending, described in the organization's own filed words · FY2025.
01

Reaching In-Helping Out

Personalized pre- and post-release reentry planning for justice-impacted individuals in wis. Correctional INSTITUTIONS.ONBOARDING justice-impacted individuals post-release to my way out's CRM technology platform to provide 24/7 access to an assigned supportive service provider for up to 3 years post release and access to multi-faceted…

$266Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMy Way Out INC
EINHdr · item D87-1385421
Principal addressHdr · item CMilwaukee, WI
WebsiteHdr · item Jwww.mwout.org
Year of formationHdr · item L2021
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I40)
Ruling yearIRS BMFOct 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$83,000Pt VII · Sec A
President & Treasurer
$39,000Pt VII · Sec A
Vice President of Programs
$1,923Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President of Operations
$0Pt VII · Sec A
$0Pt VII · Sec A

Ruben Gaona’s $83K as Executive Director is at the 63rd percentile of top reported officer pay among 1398 $100K–1M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Ruben Gaona$83,000$83,248$78,000$32,000
Karen Coy-Romano$39,000$37,500$27,000
Sarwat Sharif$1,923

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$838K
— government grantsLn 1e$109K
Total revenueLn 12$838K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.28 Fundraising $0.09
Program services62%$266K
Management & general28%$121K
Fundraising9%$39K
Total functional expensesLn 25$426K

Balance Sheet

Part X · end of year
CashLn 1$264K
Total assetsLn 16$582K
Total liabilitiesLn 26$17K
Total net assetsLn 32$565K
Months of cash on handcomputed7.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $264K · Operating expenses/yr $426K
7.4 months
Where the money goes
Program services
Program services $266K · Total expenses $426K
62%
Management & General
Management & general $121K · Total expenses $426K
28%
Fundraising
Fundraising $39K · Total expenses $426K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $31K · Solicited contributions (3-yr avg) $457K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $838K · Total revenue $838K
100%
Government reliance
Government grants $109K · Total revenue $838K
13%
Earned-income share
Program service revenue $0 · Total revenue $838K
0%
Investment reliance
Investment income $0 · Total revenue $838K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $426K
0%
Growth & trend
Revenue growth (YoY)
This year $838K · Prior year $399K
+110%
Net-asset trend (YoY)
End of year $565K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $838K · Expenses $426K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $582K
Net-asset ratio
Net assets $565K · Total assets $582K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $582K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ruben Gaona · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $83K · Total expenses $426K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $282K · Total expenses $426K
66%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 28%
Fundraising cost ratio 5%
Revenue growth 110%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$838K revenue · viewing · ⤓ 990 PDF
FY2024$399K revenue · ⤓ 990 PDF
FY2023$272K revenue · ⤓ 990 PDF
FY2022$152K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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