Mississippi · Nonprofit
NEW WAY MISSISSIPPI INC
NEW WAY MISSISSIPPI INC (Mississippi) receives grants from 7 organizations whose IRS filings report $1,420,062 to it, the largest being WK Kellogg Foundation ($750,000). 4 of them have funded it in more than one year.
- Revenue FY2024
- $1.1M
- Funders on record
- 7
- Grants received
- $1.4M
- Net assets
- $142k
What New Way Mississippi Inc does
Mission
Provide transitional housing for the homeless, ex-offenders and disenfranchised individuals. Implemented a Employment Training Program for all program participants
As stated on its FY2024 Form 990.
Program
Increase programmatic services to clients with emphasis on Employment Training and job retention services.
$683,495 spentof which $523,340 as grants$1,088,269 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $683,495.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $337k to $773k (+130%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
48% of NEW WAY MISSISSIPPI INC’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $0 → $255k.
1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NEW WAY MISSISSIPPI INC’s funders (the co-funder graph). Top 5 of 7 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NEW WAY MISSISSIPPI INC leans on a few funders — its largest provides 53% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
46% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW WAY MISSISSIPPI INC.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 78% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
NEW WAY MISSISSIPPI INC draws 96% of its grant income from funders outside Mississippi, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NEW WAY MISSISSIPPI INC is better cushioned than half of the 11,263 human services nonprofits its size.
this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024
Organizations like NEW WAY MISSISSIPPI INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Mississippi
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
63% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NEW WAY MISSISSIPPI INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW WAY MISSISSIPPI INC?
- NEW WAY MISSISSIPPI INC (Mississippi) receives grants from 7 organizations whose IRS filings report $1,420,062 to it, the largest being WK Kellogg Foundation ($750,000). 4 of them have funded it in more than one year.
- How many funders does NEW WAY MISSISSIPPI INC have?
- IRS filings report 7 organizations giving $1,420,062 in grants to NEW WAY MISSISSIPPI INC, 4 of which have funded it in more than one year.
- Who is the largest funder of NEW WAY MISSISSIPPI INC?
- WK Kellogg Foundation is the largest funder on record, with $750,000 in grants. The full list of funders is on this page.
- How can an organization like NEW WAY MISSISSIPPI INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Mississippi. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing