Nonprofit · EIN 87-1385421
MY WAY OUT INC
Tax-exempt · MILWAUKEE, WI 53215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $838,005 | $426,475 | $411,530 | $582,122 | $16,679 | $565,443 |
| December 31, 2024 | 990 | $399,041 | $394,328 | $4,713 | $165,269 | $11,356 | $153,913 |
| December 31, 2023 | 990 | $271,583 | $206,698 | $64,885 | $156,010 | $6,810 | $149,200 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $838,005
- of which government grants
- $108,692
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $127,796
- Other salaries and wages
- $135,012
- Salaries, compensation and benefits (total)
- $281,771
- Professional fundraising fees
- $0
- Accounting fees
- $4,136
- Occupancy
- $2,566
- Travel
- $13,330
- Program services (functional)
- $266,093
- Management and general (functional)
- $121,353
- Fundraising (functional)
- $39,029
Balance sheet and other
- Total assets, start of year
- $165,269
- Total assets, end of year
- $582,122
- Total liabilities, end of year
- $16,679
- Net assets, end of year
- $565,443
- Net assets without donor restrictions
- $468,641
- Net assets with donor restrictions
- $96,802
- Gross receipts
- $838,005
- Employees
- 3
- Volunteers
- 12
- Year formed
- 2021
- State of legal domicile
- WI
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUBEN GAONA | EXECUTIVE DIRECTOR Officer | 50 | $83,000 |
| KAREN COY-ROMANO | PRESIDENT & TREASURER Trustee or director, Officer | 50 | $39,000 |
| SARWAT SHARIF | VICE PRESIDENT OF PROGRAMS Trustee or director, Officer | 8 | $1,923 |
| BARBARA CERDA | SECRETARY Trustee or director, Officer | 1 | $0 |
| DAVID CARLSON | DIRECTOR Trustee or director | 1 | $0 |
| DECORAH GORDON | DIRECTOR Trustee or director | 1 | $0 |
| PATRICK SNYDER | DIRECTOR Trustee or director | 1 | $0 |
| RODRICK CURETON | DIRECTOR Trustee or director | 1 | $0 |
| DR NADIYAH JOHNSON | VICE PRESIDENT OF OPERATIONS Trustee or director, Officer | 5 | $0 |
| MANDY POTAPENKO | DIRECTOR Trustee or director | 1 | $0 |
| DARREN ANGLIN | DIRECTOR Trustee or director | 1 | $0 |
| JAMAAL NAPOLEON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUBEN GAONA | EXECUTIVE DIRECTOR Officer | 40 | $83,248 |
| KAREN COY-ROMANO | PRESIDENT Trustee or director, Officer | 20 | $37,500 |
| BARBARA CERDA | SECRETARY & TREASURER Trustee or director, Officer | 1 | $0 |
| DAVID CARLSON | DIRECTOR Trustee or director | 1 | $0 |
| DECORAH GORDON | DIRECTOR Trustee or director | 1 | $0 |
| PATRICK SNYDER | DIRECTOR Trustee or director | 1 | $0 |
| SARWAT SHARIF | DIRECTOR Trustee or director | 1 | $0 |
| RODRICK CURETON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUBEN GAONA | EXECUTIVE DIRECTOR Officer | 40 | $78,000 |
| KAREN COY-ROMANO | PRESIDENT Trustee or director, Officer | 40 | $27,000 |
| AVELINA POPPERT | SECRETARY Trustee or director, Officer | 1 | $0 |
| JOHN CHIDESTER | TREASURER Trustee or director, Officer | 1 | $0 |
| NYRA JORDAN | DIRECTOR Trustee or director | 1 | $0 |
| PETER WELCH | DIRECTOR Trustee or director | 1 | $0 |
| PATRICK SYNDER | DIRECTOR Trustee or director | 1 | $0 |
| FRANCESCA MAYCA WEGNER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3514 W BRANTING LN, MILWAUKEE, WI 53215-1821
- Principal officer (990 for 2025)
- KAREN COY ROMANO, 3514 WEST BRANTING LANE, MILWAUKEE, WI 53215
- Signed the 990
- KAREN COY ROMANO, PRESIDENT
- Phone
- (414) 628-6397
- Website
- HTTPS://WWW.MWOUT.ORG/
- 990-N for 2021 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Eli Rivera, 829 E Dakota St, Milwaukee WI 53207. Mailing address: 829 E Dakota St, Milwaukee WI 53207.
- Return prepared by
- RITZ HOLMAN LLP
Mission
USING THE VOICE AND EXPERTISE OF 'CREDIBLE MESSENGERS' WE EMPOWER, INSPIRE AND ENRICH THE LIVES OF JUSTICE-IMPACTED INDIVIDUALS BY BRINGING TOGETHER CUSTOMIZED COMMUNITY RESOURCES, SUPPORTIVE SERVICE PROVIDERS, AND SECOND-CHANCE EMPLOYERS. BY REDUCING RECIDIVISM, BUILDING STRONG COMMUNITIES THROUGH PEER NETWORKS, AND KEEPING FAMILIES TOGETHER, WE WILL HELP BRING HOPE AND PROSPERITY TO MARGINALIZED COMMUNITIES.
Program accomplishments
- REACHING IN-HELPING OUT: PERSONALIZED PRE- AND POST-RELEASE REENTRY PLANNING FOR JUSTICE-IMPACTED INDIVIDUALS IN WIS. CORRECTIONAL INSTITUTIONS.ONBOARDING JUSTICE-IMPACTED INDIVIDUALS POST-RELEASE TO MY WAY OUT'S CRM TECHNOLOGY PLATFORM TO PROVIDE 24/7 ACCESS TO AN ASSIGNED SUPPORTIVE SERVICE PROVIDER FOR UP TO 3 YEARS POST RELEASE AND ACCESS TO MULTI-FACETED SUPPORT SERVICES. BUILDING A PATH TO SUCCESS'- CERTIFICATE PROGRAM, A COLLABORATIVE PARTNERSHIP BETWEEN MY WAY OUT, THE MILKY WAY TECH HUB, AND THE U.W. MADISON EXTENSION TO PROVIDE A 6-WEEK TRAINING PROGRAM FOR INCARCERATED INDIVIDUALS TO PROVIDE ESSENTIAL HANDS-ON SKILLS TRAINING FEATURING RENT SMART, FINANCIAL LITERACY, BRIDGING THE TECH GAP TECH TO NAVIGATE ONLINE SEARCHES FOR RESOURCES AND EMPLOYMENT, RESUME WRITING & INTERVIEWING SKILLS, AND EXPOSURE TO AI-VIRTUAL REALITY TRAINING IN KEY CAREERS.Expenses $266,093
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-1385421
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Crime and legal-related (I40)
- Assets (IRS master file)
- $582,122
- Income (IRS master file)
- $838,005
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $838,005 | $426,475 | $582,122 | IRS |
| 990 | December 2024 | $399,041 | $394,328 | $165,269 | XML |
| 990 | December 2023 | $271,583 | $206,698 | $156,010 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Eli Rivera Filed under this EIN, most likely by a chapter or affiliate | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-1385421).
Questions about MY WAY OUT INC
- What is the EIN of MY WAY OUT INC?
- The employer identification number (EIN) of MY WAY OUT INC is 87-1385421.
- Is MY WAY OUT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to MY WAY OUT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MY WAY OUT INC 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 MY WAY OUT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MY WAY OUT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MY WAY OUT INC?
- The 990 for the year ended December 31, 2025 names KAREN COY ROMANO.
- Who are the officers and directors of MY WAY OUT INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 3 received compensation from the organization, the highest $83,000 (RUBEN GAONA, EXECUTIVE DIRECTOR).
- How much revenue does MY WAY OUT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $838,005, expenses of $426,475 and total assets of $582,122 at year end.
Other nonprofits in MILWAUKEE
- WISCONSIN COMMUNITY SERVICES INC EIN 39-0808464 · last filed 990 for 2024
- JUSTICEPOINT INC EIN 45-3611369 · last filed 990 for 2024
- LEGAL ACTION OF WISCONSIN INC EIN 39-1077192 · last filed 990 for 2024
- FEDERAL DEFENDER SERVICES OF WISCONSIN INC EIN 39-1988256 · last filed 990 for 2025
- WISCONSIN INSTITUTE FOR LAW & LIBERTY INC EIN 45-1606079 · last filed 990 for 2025
- LEGAL AID SOCIETY OF MILWAUKEE EIN 39-0806284 · last filed 990 for 2025
- SAFE & SOUND INC EIN 39-1940292 · last filed 990 for 2025
- PARENTING NETWORK INC EIN 39-1312225 · last filed 990 for 2025
All nonprofits in MILWAUKEE · Wisconsin · Crime and legal-related