The Serving Way EIN 92-2284245

The Serving Way

EIN  92-2284245 Public charity (501(c)(3)) Pittsburgh, PA
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Size
$100K–1M
What they do
Helps business leaders develop adaptable leadership practices to achieve their goals.
Leadership
Chris Thyberg · President · $52K
Money in and out
$267K revenue, $121K expenses
Bottom line
70% program efficiency

Helps business leaders develop adaptable leadership practices to achieve their goals. For fiscal year 2024 it reported $267K in revenue, $121K in expenses, and $327K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$267K
Pt VIII · Ln 12
Total expenses
$121K
Pt IX · Ln 25
Net assets
$327K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $146K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.30
Program efficiency
70%
of spending reaches programs0% vs prior filing year
Operating runway
32.6mo
months of highly liquid reserves at operating expense rate▼ -9% vs prior filing year
Surplus margin
+55%
revenue over expenses, this year▼ -24% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$267K
FY2024▲ +11%
Expenses
$121K
FY2024▲ +82%
Total assets
$328K
FY2024▲ +66%
Total liabilities
$2K
FY2024▼ -90%
Total revenue
$267K
Pt VIII · Ln 12
Total expenses
$121K
Pt IX · Ln 25
Net assets
$327K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$146K
Total assetsPt X · Ln 16$328K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $84K of program spending, described in the organization's own filed words · FY2024.
01

The mission of the serving way is to work with business leaders to develop adaptable leadership practices tailored to their needs, guiding them toward their goals.

$84Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Serving Way
EINHdr · item D92-2284245
Principal addressHdr · item CPittsburgh, PA
WebsiteHdr · item Jtheservingway.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W70)
Ruling yearIRS BMFDec 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$52,000Pt VII · Sec A

Chris Thyberg’s $52K as President is at the 44th percentile of top reported officer pay among 1033 $100K–1M public & societal benefit 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 · 1 named individual · Part VII

NameFY2024FY2023
Chris Thyberg$52,000$10,667

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 & grants$207K · 77%
Program service revenue$57K · 21%
Investment income$4K · 1%
Contributions & grants77%$207K
Program service revenue21%$57K
Investment income1%$4K
Other revenue$23
Total revenueLn 12$267K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.30
Program services70%$84K
Management & general30%$36K
Total functional expensesLn 25$121K

Balance Sheet

Part X · end of year
CashLn 1$327K
Total assetsLn 16$328K
Total liabilitiesLn 26$2K
Total net assetsLn 32$327K
Months of cash on handcomputed32.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $327K · Operating expenses/yr $121K
32.6 months
Where the money goes
Program services
Program services $84K · Total expenses $121K
70%
Management & General
Management & general $36K · Total expenses $121K
30%
Fundraising
Fundraising $0 · Total expenses $121K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $207K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $207K · Total revenue $267K
77%
Government reliance
Government grants — · Total revenue $267K
Earned-income share
Program service revenue $57K · Total revenue $267K
21%
Investment reliance
Investment income $4K · Total revenue $267K
+1%
Program self-sufficiency
Program service revenue $57K · Total expenses $121K
47%
Growth & trend
Revenue growth (YoY)
This year $267K · Prior year $240K
+11%
Net-asset trend (YoY)
End of year $327K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $267K · Expenses $121K
+55%
Liabilities-to-Assets
Total liabilities — · Total assets $328K
Net-asset ratio
Net assets $327K · Total assets $328K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $328K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chris Thyberg · Reported title PRESIDENT · Highest reported compensation $52K · Total expenses $121K
43%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $57K · Total expenses $121K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 30%
Fundraising cost ratio 0%
Revenue growth 11%
Legal fee ratio 2%

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 · FY2023
Total grants receivedfrom 1 funder$620K

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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
FY2024 (Latest)$267K revenue · viewing · ⤓ 990 PDF
FY2023$240K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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