Wayfare Labs EIN 47-3495426 Form 990 (PDF) Claim this org

Wayfare Labs

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Empowers faith-driven leaders and entrepreneurs to build businesses that benefit society. For fiscal year 2024 it reported $314K in revenue, $276K in expenses, and $64K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Costa Mesa, CA
Filings
2 on file (2023–2024)
Revenue
$314KFY2024
Expenses
$276K
Net assets
$64K
People
6
Filings
2
Updates
0
More identity details & actions ⌄
EIN  47-3495426 Public charity (501(c)(3)) Costa Mesa, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers faith-driven leaders and entrepreneurs to build businesses that benefit society.
Leadership
Rebekah Robeck · Chief Kindness Officer, Le · $16K
Money in and out
$314K revenue, $276K expenses
Bottom line
56% program efficiency
Where the money goes · FY2024
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$276K
Pt IX · Ln 25
Net assets
$64K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $38K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.10 Fundraising $0.35
Program efficiency
56%
of spending reaches programs
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate▲ +38% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▲ +304% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$314K
FY2024▲ +72%
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$276K
Pt IX · Ln 25
Net assets
$64K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$38K
Total assetsPt X · Ln 16$65K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 41

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWayfare Labs
EINHdr · item D47-3495426
Principal addressHdr · item CCosta Mesa, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJan 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chief Kindness Officer, Le
$16,028Pt VII · Sec A
Chief Operating Officer, L
$10,170Pt VII · Sec A
Dean of Enrollment and Stu
$9,000Pt VII · Sec A
President, Treasurer/CFO
$8,000Pt VII · Sec A
President, Hildegard Colle
$8,000Pt VII · Sec A
$0Pt VII · Sec A

Rebekah Robeck’s $16K as Chief Kindness Officer, Le is at the 36th percentile of top reported officer pay among 203 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023
Christy Matthews$9,000$16,621
Rebekah Robeck$16,028$1,750
Cristina Robeck$10,170$1,750
Jeffrey Tanner$8,000
Matthew Smith$8,000

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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Mission & Programs · Part III

Where the work happens

2 program services account for $154K of program spending, described in the organization's own filed words · FY2023.
01

Hildegard College

Hildegard college offers a B.A. In christian liberal arts and entrepreneurship. We also offer workshops & seminars for the general public. We enrolled 5 full-time students in the inaugural class starting september 2023 and provided curriculm, extracurricular activities, internship opportunities, two study abroad trips, and exposure to…

$101Kprogram expense
02

Let's Be Kind

Holding kindness days on school campuses through their ptas or student clubs. Providing t-shirts to students. Served 32 schools and 18,360 students.

$53Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$234K · 74%
Program service revenue$44K · 14%
Other revenue$36K · 11%
Contributions & grants74%$234K
Program service revenue14%$44K
Other revenue11%$36K
Investment income$705
Total revenueLn 12$314K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.10 Fundraising $0.35
Program services56%$154K
Management & general10%$27K
Fundraising35%$96K
Total functional expensesLn 25$276K

Balance Sheet

Part X · end of year
CashLn 1$64K
Total assetsLn 16$65K
Total liabilitiesLn 26$1K
Total net assetsLn 32$64K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $64K · Operating expenses (Pt IX) $276K · Less non-cash grants $7K · Cash operating expenses/yr $269K
2.9 months
Where the money goes
Program services
Program services $154K · Total expenses $276K
56%
Management & General
Management & general $27K · Total expenses $276K
10%
Fundraising
Fundraising $96K · Total expenses $276K
35%
Cost to raise $1
Fundraising expense $96K · Solicited contributions $234K
$0.41 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $234K · Total revenue $314K
74%
Government reliance
Government grants — · Total revenue $314K
Earned-income share
Program service revenue $44K · Total revenue $314K
14%
Investment reliance
Investment income $705 · Total revenue $314K
+0.2%
Program self-sufficiency
Program service revenue $44K · Total expenses $276K
16%
Growth & trend
Revenue growth (YoY)
This year $314K · Prior year $182K
+72%
Net-asset trend (YoY)
End of year $64K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $314K · Expenses $276K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $65K
Net-asset ratio
Net assets $64K · Total assets $65K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $65K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rebekah Robeck · Reported title CHIEF KINDNESS OFFICER, LE · Highest reported compensation $16K · Total expenses $276K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $70K · Total expenses $276K
25%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 10%
Fundraising cost ratio 41%
Revenue growth 72%
Legal fee ratio 3%

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$1K

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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
FY2024 (Latest)$314K revenue · viewing · ⤓ 990 PDF
FY2023$182K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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