Nonprofit · EIN 26-1183704
NEW WAY GROUP HOME
Tax-exempt · VENTURA, CA 93003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,663,983 | $2,932,195 | -$268,212 | $1,142,799 | $129,545 | $1,013,254 |
| June 30, 2024 | 990 | $3,130,076 | $2,921,196 | $208,880 | $1,478,603 | $197,137 | $1,281,466 |
| June 30, 2023 | 990 | $2,695,194 | $2,338,006 | $357,188 | $1,201,022 | $128,435 | $1,072,587 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,663,884
- of which government grants
- $2,663,884
- Program service revenue
- $0
- Investment income
- $99
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $462,800
- Other salaries and wages
- $1,206,013
- Salaries, compensation and benefits (total)
- $1,884,206
- Professional fundraising fees
- $0
- Accounting fees
- $25,200
- Occupancy
- $676,799
- Travel
- $4,350
- Depreciation
- $32,966
- Program services (functional)
- $2,347,266
- Management and general (functional)
- $584,929
Balance sheet and other
- Total assets, start of year
- $1,478,603
- Total assets, end of year
- $1,142,799
- Total liabilities, end of year
- $129,545
- Net assets, end of year
- $1,013,254
- Land, buildings and equipment
- $97,785
- Net assets without donor restrictions
- $1,013,254
- Gross receipts
- $2,663,983
- Employees
- 40
- Year formed
- 2007
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX MENDOZA | CFO/ADMINISTRATOR Officer | 40 | $232,400 |
| THINH PHAM | CEO Officer | 40 | $230,400 |
| KYUNG KIM | BOARD MEMBER Trustee or director | 1 | $0 |
| FRANCISCO URENA | BOARD MEMBER/SECRETARY Trustee or director, Officer | 1 | $0 |
| SHERRY LEE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THINH PHAM | CEO Officer | 40 | $230,400 |
| ALEX MENDOZA | CFO/ADMINISTRATOR Officer | 40 | $230,400 |
| KYUNG KIM | BOARD MEMBER/SECRETARY Trustee or director, Officer | 1 | $0 |
| FRANCISCO URENA | BOARD MEMBER Trustee or director | 1 | $0 |
| HUNG TANG | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THINH PHAM | CEO Officer | 40 | $137,600 |
| ALEX MENDOZA | CFO/ADMINISTRATOR Officer | 40 | $134,959 |
| KYUNG KIM | BOARD MEMBER/SECRETARY Trustee or director, Officer | 1 | $0 |
| FRANCISCO URENA | BOARD MEMBER Trustee or director | 1 | $0 |
| HUNG TANG | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2446 WOODPECKER AVE, VENTURA, CA 93003-7138
- In care of
- % THINH PHAM
- Principal officer (990 for 2024)
- THINH PHAM, 2446 WOODPECKER AVE, VENTURA, CA 93003
- Signed the 990
- THINH PHAM, CEO
- Phone
- (805) 201-7976
- Return prepared by
- KENNETH A BERSINGER CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 26-1183704 or by the name NEW WAY GROUP HOME.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
RESIDENTIAL CARE AND TREATMENT OF EMOTIONALLY AND PHYSICALLY NEGLECTED CHILDREN.
Program accomplishments
- RESIDENTIAL CARE AND TREATMENT OF EMOTIONALLY AND PHYSICALLY NEGLECTED CHILDREN.Expenses $2,347,266 · revenue $2,663,983
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1183704
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $1,142,799
- Income (IRS master file)
- $2,663,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,663,983 | $2,932,195 | $1,142,799 | XML |
| 990 | June 2024 | $3,130,076 | $2,921,196 | $1,478,603 | IRS |
| 990 | June 2023 | $2,695,194 | $2,338,006 | $1,201,022 | XML |
| 990 | June 2022 | $1,807,263 | $1,872,967 | $841,305 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1183704).
Questions about NEW WAY GROUP HOME
- What is the EIN of NEW WAY GROUP HOME?
- The employer identification number (EIN) of NEW WAY GROUP HOME is 26-1183704.
- Is NEW WAY GROUP HOME tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to NEW WAY GROUP HOME tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW WAY GROUP HOME file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW WAY GROUP HOME due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW WAY GROUP HOME last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW WAY GROUP HOME?
- The 990 for the year ended June 30, 2025 names THINH PHAM.
- Who are the officers and directors of NEW WAY GROUP HOME?
- The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $232,400 (ALEX MENDOZA, CFO/ADMINISTRATOR).
- How much revenue does NEW WAY GROUP HOME have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,663,983, expenses of $2,932,195 and total assets of $1,142,799 at year end.
Other nonprofits in VENTURA
- AMERICAN FAMILY SERVICES FOUNDATION EIN 57-0622490 · last filed 990 for 2024
- CABRILLO ECONOMIC DEVELOPMENT CORP EIN 95-3681521 · last filed 990 for 2024
- HOMECOMINGS INC EIN 06-1713301 · last filed 990 for 2024
- TRI-COUNTIES COMMUNITY HOUSING CORPORATION EIN 80-0233384 · last filed 990 for 2025
- RANCHO SESPE WORKERS IMPROVEMENT ASSOCIATION CORP EIN 95-3713078 · last filed 990 for 2025
- TRIAD PROPERTIES EIN 73-1726671 · last filed 990 for 2025
- TENDER LIFE MATERNITY HOME EIN 92-1515792 · last filed 990 for 2025
- VILLA CALLEGUAS INC EIN 31-1575268 · last filed 990 for 2025
All nonprofits in VENTURA · California · Housing and shelter