Waypoint Vets Inc
Nonprofit profile at a glance
- EIN
- 834535965
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Goodlettsville, TN, USA
- Phone
- 6156696155
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $118,973
- Expenses
- $145,163
- Assets
- $41,689
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SARAH LEE (PRESIDENT)
People named in this filing
- SARAH LEE (PRESIDENT)
- JACQUELINE WILDER (SECRETARY)
- LORE HARMON (OPERATIONS MANAGER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Waypoint vets is a 501c3 with the mission of uniting and empowering veterans through camaraderie and adventure. Comprised of volunteers with a passion to serve. We are actively combating post traumatic stress, military sexual trauma and suicidal ideation. We combine mental health and physical intensity with the stillness and beauty of nature to deliver lasting healing and clarity to military veterans at no cost. Our alumni aftercare program provides tools, resources and ongoing sense of belonging. The heartbeat of our mission and message is to honor our fallen by living and by taking back our health and happiness together.
What it reported doing in 2024
2024: Executed 8 National Adventures, 15 Team Members, Expanded Gear & Inventory, 84 Veterans Served in over 28 states total. $1123076 raised and $145,163 spent
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -22%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.1% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: -13.4% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -13.6% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $145K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 7/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.