Mission
RESIDENTIAL CARE AND TREATMENT OF EMOTIONALLY AND PHYSICALLY NEGLECTED CHILDREN.
Public Charity
NEW WAY GROUP HOME
NEW WAY GROUP HOME, of VENTURA, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.7M in revenue, $2.9M in expenses, $1.1M in total assets.
EIN: 261183704
VENTURA, CA
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2025
Total Revenue$2.7M
Total Expenses$2.9M
Total Assets$1.1M
Grant Records0
Filing Years2021–2025
Where $100 goes at New Way Group Home
How New Way Group Home divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$79
Programs
the work itself
$21
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $79 for programs
$79
Residential care and treatment of emotionally and physically neglected children
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
CFO/ADMINISTRATOR
Alex Mendoza
BOARD MEMBER/SECRETARY
Francisco Urena
BOARD MEMBER
Kyung Kim
BOARD MEMBER
Sherry Lee
CEO
Thinh Pham
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.7M | $2.9M | $1.1M |
| 2024 | $3.1M | $2.9M | $1.5M |
| 2023 | $2.7M | $2.3M | $1.2M |
| 2022 | $1.8M | $1.9M | $841K |
| 2021 | $2.0M | $1.7M | $850K |
Between 2021 and 2025, reported annual revenue grew from $2.0M to $2.7M (+34%), with total assets most recently reported at $1.1M.
Interactive year-over-year charts and full filing details available with membership.