2025-10-29T15:34:27-05:00 2024-12-31 640809101 HARPER RAINS KNIGHT & COMPANY PA 1052 HIGHLAND COLONY PKWY STE 100 RIDGELAND MS 39157 990 2024-01-01 640733014 HIS WAY INC HISW 6016054420 PO BOX 3343 RIDGELAND MS 39158 BRYAN NELMS PRESIDENT 6016054420 2025-10-27 1 0 KIM STRONG CPA P03038112 6016050722 2025-10-27 2024 2025-03-06 01:10:19Z BRYAN NELMS PO BOX 3343 RIDGELAND MS 39158 6107916 0 X N/A X 1986 MS THE SPECIFIC OBJECTIVES AND PURPOSES OF THIS CORPORATION SHALL BE CHARITABLE. THE PRINCIPAL PURPOSE AND OBJECTIVE OF HIS WAY, INC. SHALL BE TO SERVE THE NEEDS OF CHILDREN UNDER THE AGE OF 18 WITH MONETARY CONTRIBUTIONS TO OTHER 501(C)(3) CHARITIES. THE PURPOSE OF THE RECEIVING CHARITIES, AS REGISTERED AND REPORTED TO THE MISSISSIPPI SECRETARY OF STATE'S OFFICE, MUST BE TO SERVE THE NEEDS OF UNDERPRIVILEGED, AT RISK, ABUSED, NEGLECTED OR HOMELESS CHILDREN. SERVICES MAY INCLUDE FOOD, CLOTHING, SHELTER, AFTER-SCHOOL MENTORING PROGRAMS, SUPPLIES AND EQUIPMENT, MEDICAL AND REMEDIAL CARE, AND CONSTRUCTION. AT THE SOLE DISCRETION OF THE BOARD OF DIRECTORS, CONTRIBUTIONS MAY ALSO BE MADE TO CHARITIES TO FUND OTHER SERVICES OF THE ORGANIZATION THAT ARE DIRECTLY RELATED TO MEETING THE NEEDS OF THE CHILDREN SERVED. 7 7 20 0 578031 0 0 0 0 0 25607 24782 918875 709760 944482 734542 684616 503447 0 0 147476 169897 0 0 0 113697 105240 945789 778584 -1307 -44042 1592258 1547385 89996 89164 1502262 1458221 TO SERVE THE NEEDS OF CHILDREN UNDER THE AGE OF 18 WITH MONETARY CONTRIBUTIONS TO 501(C)(3) ORGANIZATIONS. THE PURPOSE OF THE RECEIVING CHARITIES MUST BE TO SERVE THE NEEDS OF UNDERPRIVILEGED, AT RISK, ABUSED, NEGLECTED OR HOMELESS CHILDREN. 0 0 676378 503447 PROVIDE SUPPORT TO ORGANIZATIONS WHICH OPERATE PROGRAMS THAT NURTURE AND ASSIST UNDERPRIVILEGED, NEGLECTED, ABUSED OR HOMELESS CHILDREN. 676378 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 20 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 MS X X LESLIE THREADGILL 6016054420 745 AVIGNON DRIVE STE B RIDGELAND MS 39157 BRYAN NELMS PRESIDENT 1.00 X X 0 0 0 KEVIN STARKS DIRECTOR 1.00 X X 0 0 0 VIRGINIA WEAVER SECRETARY 1.00 X X 0 0 0 TOMMY BUTLER TREASURER 1.00 X X 0 0 0 CALVIN LUNCEFORD DIRECTOR 1.00 X 0 0 0 LINDA BRUNT DIRECTOR 1.00 X 0 0 0 FRANKLIN THAYER DIRECTOR 1.00 X 0 0 0 LESLIE THREADGILL EXECUTIVE DIRECTOR 40.00 X 136394 0 6031 136394 0 6031 1 0 0 0 0 25078 25078 296 -296 -296 -296 6021940 5373078 648862 70831 578031 MISCELLANEOUS REVENUE 900099 60898 60898 60898 734542 70535 578031 85976 503447 503447 169897 105479 64418 9081 3336 5745 6362 4241 2121 40684 27074 13610 18858 12572 6286 6827 4609 2218 15296 10198 5098 7359 4906 2453 MISCELLANEOUS 773 516 257 778584 676378 102206 0 625898 628583 2346 23943 9951 3943 5600 1213118 358806 872036 854312 66438 46593 1592258 1547385 27048 46781 62948 42383 89996 89164 X 1502262 1458221 1502262 1458221 1592258 1547385 -44042 0 X X 0 1 X 0 0 X 69470 67493 136963 4760690 6068871 5691800 6239162 6021940 28782463 4760690 6138341 5759293 6239162 6021940 28919426 0 0 0 28919426 6415 254 -5670 25607 24781 51387 6415 254 -5670 25607 24781 51387 62201 59026 65133 186360 4829306 6197621 5818756 6264769 6046721 29157173 0.99180 0.98980 0.00180 0.00150 X 1019227 216305 802922 157509 130441 27068 36382 12060 24322 854312 OPERATING LEASE LIABLITY 42383 42383 X 839815 105273 105273 734542 0 734542 883854 105271 105271 778583 0 778583 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISIONS OF STATE LAW. HOWEVER, THE ORGANIZATION IS REQUIRED TO PAY FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME WHICH CONSISTS OF VIDEO BINGO AND PULL-TAB REVENUE NET OF RELATED EXPENSES AND ALLOCATED PROGRAM EXPENDITURES. THE ORGANIZATION ALSO REPORTS DEFERRED INCOME TAXES ON TIMING DIFFERENCES BETWEEN INCOME TAX AND FINANCIAL STATEMENT INCOME AND EXPENSE. THE DEFERRED TAX ASSETS RESULT FROM UNRELATED BUSINESS INCOME TAX CARRYFORWARDS OF APPROXIMATELY $493,226 AT DECEMBER 31, 2024, AND $542,393 AT DECEMBER 31, 2023, AND ARE AVAILABLE TO OFFSET FUTURE TAXABLE INCOME. THESE CARRYFORWARDS EXPIRE BEGINNING IN 2035. THE ORGANIZATION HAS RECORDED DEFERRED TAX ASSETS OF $103,577 FOR 2024 AND $113,903 FOR 2023, AND REDUCED THESE ASSETS BY AN ALLOWANCE FOR UNRECOVERABLE DEFERRED TAX ASSETS OF $103,577 AND $113,903, RESPECTIVELY. MANAGEMENT OF THE ORGANIZATION BELIEVES THAT THE ORGANIZATION WILL NOT HAVE SIGNIFICANT UNRELATED BUSINESS TAXABLE INCOME IN FUTURE YEARS WHICH CANNOT BE OFFSET BY THE TAX LOSS CARRYFORWARDS. THERE WERE NO UNCERTAIN TAX POSITIONS IDENTIFIED RELATED TO THE CURRENT YEAR AND THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2024 AND 2023, FOR WHICH LIABILITIES HAVE BEEN ESTABLISHED. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET EFFECT OF DIRECT EXPENSES DEDUCTED ON PAGE 9 PART VIII LINE 9B 105,273. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET EFFECT OF DIRECT EXPENSES DEDUCTED ON PAGE 9 PART VIII LINE 9B 105,271. 3363830 2562223 730776 0 2658110 1813141 266938 0 6021940 4375364 997714 5373078 648862 MS 1 0 1 0 1.00000 LESLIE THREADGILL PO BOX 3343 RIDGELAND MS 39158 0 CYNTHIA K DILL 35837 PROVIDES GAMING MANAGEMENT SERVICES X 1 1 CASA OF HANCOCK CO 644 DUNBAR AVENUE BAY ST LOUIS MS 39520 270278390 501(C)(3) 56039 0 FMV GENERAL ASSISTANCE CHILDREN'S ADVOCACY CENTER 1675 LAKELAND DR JACKSON MS 39216 272541336 501(C)(3) 5023 0 FMV GENERAL ASSISTANCE COMMUNITY OF CHRISTIANS PO BOX 1493 PICAYUNE MS 39466 640834938 501(C)(3) 20219 0 FMV GENERAL ASSISTANCE HIS HEART INC 1300 W CAPITOL ST JACKSON MS 39203 470863992 501(C)(3) 34000 0 FMV GENERAL ASSISTANCE HOPE HAVEN OF HANCOCK COUNTY 706 US-90 WAVELAND MS 39576 640852491 501(C)(3) 6110 0 FMV GENERAL ASSISTANCE KIDS HUB CHILD ADVOCACY CENTER PO BOX 462 HATTIESBURG MS 39403 471398969 501(C)(3) 51000 0 FMV GENERAL ASSISTANCE LITTLE LIGHTHOUSE PO BOX 13662 JACKSON MS 392363662 202805872 501(C)(3) 5850 0 FMV GENERAL ASSISTANCE MAGNOLIA SPEECH SCHOOL 733 N FLAG CHAPEL RD JACKSON MS 39209 640435317 501(C)(3) 50000 0 FMV GENERAL ASSISTANCE REGIONAL REHABILITATION CENTER OF TUPELO 615 PEGRAM DRIVE TUPELO MS 38801 640413349 501(C)(3) 90500 0 FMV GENERAL ASSISTANCE SALLY KATE WINTERS FAMILY SERVICE 801 N DIVISION STREET WEST POINT MS 39773 640761099 501(C)(3) 14782 0 FMV GENERAL ASSISTANCE SOUTHERN CHRISTIAN SERVICES 860 EAST RIVER PLACE SUITE 104 JACKSON MS 39202 640758344 501(C)(3) 32904 0 FMV GENERAL ASSISTANCE SUNNYBROOK CHILDREN'S HOME INC 222 SUNNYBROOK ROAD RIDGELAND MS 39157 640427465 501(C)(3) 26000 0 FMV GENERAL ASSISTANCE CHERISHED HEARTS 727 W 5TH ST LAUREL MS 39440 833123056 501(C)(3) 48356 0 FMV GENERAL ASSISTANCE EASTERSEALS MS CAC 2901 S EASON BLVD TUPELO MS 38804 844332384 501(C)(3) 38068 0 FMV GENERAL ASSISTANCE PART I, LINE 2: HIS WAY, INC. MAINTAINS A GRANT POLICY WHICH REQUIRES THE RECIPIENT CHARITY TO REPORT QUARTERLY ON THE STATUS OF THE PROJECT AND THE USE OF THE GRANT PROCEEDS. FURTHERMORE HIS WAY RESERVES THE RIGHT TO MAKE SITE VISITS, AUDIT CHARITY FILES, REQUEST RECEIPTS, REVIEW BANK STATEMENTS, AND REVIEW INTERNAL CONTROLS TO VERIFY THAT GRANT PROCEEDS ARE BEING USED IN ACCORDANCE WITH THEIR SPECIFIED PURPOSE. A FULL COPY OF HIS WAY'S GRANT POLICY CAN BE PROVIDED UPON REQUEST. X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS AND REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR. A COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES) IS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY. THE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY REVIEW THE FORM 990, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 AND 990-T ARE SIGNED EITHER BY THE PRESIDENT OR TREASURER OF THE ORGANIZATION BOTH OF WHOM ARE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND THE EXECUTIVE DIRECTOR OF HIS WAY, INC. SIGN A CONFLICT OF INTEREST POLICY ANNUALY WHICH STATES THE FOLLOWING: IF ANY DIRECTOR IS AWARE OF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST BETWEEN THE INTERESTS OF HIS WAY, INC. AND HIS OR HER PERSONAL, FAMILY, FINANCIAL, POLITICAL, OR PROFESSIONAL INTERESTS, HE OR SHE SHALL DISCLOSE THIS CONFLICT OF INTEREST TO THE BOARD. IF A DIRECTOR HAS A CONFLICT OF INTEREST RELATING TO ANY MATTER UNDER CONSIDERATION FOR A DECISION BY THE BOARD OF DIRECTORS, HE OR SHE SHALL ABSTAIN FROM ANY VOTE, DISCUSSION (EXCEPT AS THE REMAINING BOARD DEEMS NECESSARY FOR INFORMATIONAL PURPOSED ONLY), OR ANY ATTEMPT TO INFLUENCE THE DECISION OF THE BOARD ON THAT MATTER. THE DIRECTOR MAY EXCUSE HIMSELF FROM THE MEETING DURING DISCUSSION AND VOTE ON ANY MATTER OF CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE NON-SALARIED DIRECTORS OF HIS WAY, INC. DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION ANNUALLY BASED ON A CREDIBLE SALARY SURVEYING SOURCE. FORM 990, PART VI, SECTION C, LINE 19 HIS WAY, INC. OF RIDGELAND, MISSISSIPPI IS A PUBLIC CHARITY, RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3). AS SUCH, HIS WAY, INC. HONORS ALL REQUESTS FOR PUBLIC REVIEW AND INSPECTION OF THE FOLLOWING DOCUMENTS: ?FORM 990 ? ANNUAL INFORMATIONAL RETURN ?FORM 990T ? EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN ?IRS DETERMINATION LETTER HIS WAY, INC. RETAINS THE DISCRETION TO CHARGE REASONABLE FEES FOR DUPLICATION AND/OR MAILING OF ANY OF THESE DOCUMENTS WHEN SUCH REQUESTS ARE MADE. PART XII, LINE 2C: THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.