Wayfinding Academy
Nonprofit profile at a glance
- EIN
- 472943786
- IRS 990 coverage
- 2015–2022
- Forms available
- Form 990 2022, Form 990-N 2014
- Location
- Portland, OR, USA
- Phone
- 4016921578
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Specialized Education Institutions
Reported finances
- Revenue
- $596,971
- Expenses
- $223,341
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MICHELLE JONES (President)
Highest reported compensation
- MICHELLE JONES (President): $34,075 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Wayfinding academy is a nonprofit corporation and shall operate exclusively for educational and charitable purposes within the meaning of section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code. Wayfinding academy's purpose is to provide an alternative model of higher education/post-secondary education. To maximize our impact on current efforts, we seek to collaborate with other non-profit organizations which fall under the 501(c)(3) section of the internal revenue code and are operated exclusively for educational and charitable purposes.
What it reported doing in 2022
Community programs: lifefinding and far-a-wayfinding that offer a short term course for individuals not enrolled with the college as students
Operating model
- Revenue model
- Grant-funded. 83% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 47
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.6%; rating input score 27
- Program expense ratio: 71.2%; rating input score 71
- Fundraising efficiency: $26.85 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 62.6%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 15.3%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 8.7% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 9.5% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: -5.8% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 26.6% of revenue deployed · 71.2% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $159K in reported program spending
- Leadership: top reported pay $34K · 9 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2015 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 21/100.