Wayfinding Academy EIN 47-2943786

Wayfinding Academy

EIN  47-2943786 Unknown exempt organization Portland, OR
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Offers an alternative model for higher and post-secondary education.
Leadership
Michelle Jones · President · $33K
Money in and out
$597K revenue, $223K expenses
Bottom line
+63% surplus margin

Offers an alternative model for higher and post-secondary education. For fiscal year 2023 it reported $597K in revenue, $223K in expenses.Pt I

Reported financial activity · FY2023
Total revenue
$597K
Pt VIII · Ln 12
Total expenses
$223K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $374K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.19 Fundraising $0.10
Surplus margin
+63%
revenue over expenses, this year▲ +197% vs prior filing year
Program spending
71%
of expenses reach programs▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$597K
FY2023▲ +90%
Expenses
$223K
FY2023▼ -57%
Total assets
$0
FY2023▼ -100%
Total liabilities
$0
FY2023▼ -100%
Total revenue
$597K
Pt VIII · Ln 12
Total expenses
$223K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$374K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $159K of program spending, described in the organization's own filed words · FY2022.
01

Community Programs

Lifefinding and far-a-wayfinding that offer a short term course for individuals not enrolled with the college as students

$129Kprogram expense
02

Guide program to support degree completion for two enrolled students

$30Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWayfinding Academy
EINHdr · item D47-2943786
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jwww.wayfindingacademy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$33,083Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Michelle Jones$33,083$34,649$29,849$29,848

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$576K · 96%
Program service revenue$21K · 4%
Contributions & grants96%$576K
Program service revenue4%$21K
— government grantsLn 1e$493K
Total revenueLn 12$597K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.19 Fundraising $0.10
Program services71%$159K
Management & general19%$43K
Fundraising10%$21K
Total functional expensesLn 25$223K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $223K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $159K · Total expenses $223K
71%
Management & General
Management & general $43K · Total expenses $223K
19%
Fundraising
Fundraising $21K · Total expenses $223K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $34K · Solicited contributions (3-yr avg) $165K
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $576K · Total revenue $597K
96%
Government reliance
Government grants $493K · Total revenue $597K
83%
Earned-income share
Program service revenue $21K · Total revenue $597K
4%
Investment reliance
Investment income $0 · Total revenue $597K
0%
Program self-sufficiency
Program service revenue $21K · Total expenses $223K
10%
Growth & trend
Revenue growth (YoY)
This year $597K · Prior year $315K
+90%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $597K · Expenses $223K
+63%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michelle Jones · Reported title President · Highest reported compensation $33K · Total expenses $223K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $82K · Total expenses $223K
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 19%
Fundraising cost ratio 4%
Revenue growth 90%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$174
Grants paid · 4 grants · $114K · 2019–2021
Unitemized GrantFY2021$28,878
Unitemized GrantFY2020$66,668
Unitemized GrantFY2019$9,100
Unitemized GrantFY2019$9,100

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$597K revenue · viewing · ⤓ 990 PDF
FY2022$315K revenue · ⤓ 990 PDF
FY2021$493K revenue · ⤓ 990 PDF
FY2020$374K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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