Quick charity verification for Wayfinders Ohio Inc (EIN: 205609709)
Verdict: Wayfinders Ohio Inc appears trustworthy
90/100Mission Score
$785KRevenue
$3.1MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for program vs. administrative vs. fundraising expenses in summary data, making precise efficiency calculations difficult.
Consistent 0% officer compensation is unusual and might warrant further inquiry into how executive leadership is compensated or structured.
Strengths
Consistent revenue growth, increasing from $466,192 in 201412 to $1,162,415 in 202312.
Strong financial stability with assets significantly exceeding liabilities (e.g., $1,644,388 assets vs. $32,630 liabilities in 202312).
Consistent operating surpluses, indicating effective financial management (e.g., $1,162,415 revenue vs. $903,222 expenses in 202312).
No reported officer compensation across all filings, suggesting high efficiency or volunteer leadership.
Low liabilities relative to assets, indicating minimal debt burden and strong financial health.
Spending Breakdown
How Wayfinders Ohio Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Wayfinders Ohio Inc
Is Wayfinders Ohio Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wayfinders Ohio Inc (EIN: 205609709) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Wayfinders Ohio Inc a good charity to donate to?
Wayfinders Ohio Inc has a Mission Score of 90/100. Revenue: $785K. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wayfinders Ohio Inc?
The Employer Identification Number (EIN) for Wayfinders Ohio Inc is 205609709. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Wayfinders Ohio Inc spend its money?
Wayfinders Ohio Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wayfinders Ohio Inc's tax-exempt status?
You can verify Wayfinders Ohio Inc's tax-exempt status using EIN 205609709 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Wayfinders Ohio Inc demonstrates a generally healthy financial trajectory, marked by consistent revenue growth over the past several years, culminating in $1,162,415 in revenue for the 202312 period. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in most recent periods (e.g., $1,162,415 revenue vs. $903,222 expenses in 202312), contributing to a steady increase in assets from $737,370 in 201412 to $1,644,388 in 202312. Liabilities remain very low relative to assets, indicating strong financial stability and minimal debt burden.
The organization's spending efficiency appears strong, with a significant portion of its expenses likely directed towards program services, given the absence of reported officer compensation and generally low administrative overhead implied by the healthy surpluses. The consistent growth in assets, coupled with controlled liabilities, suggests prudent financial management. The lack of reported officer compensation across all filings is a notable positive for transparency and efficiency, indicating that resources are not being diverted to high executive salaries.
Overall, Wayfinders Ohio Inc exhibits characteristics of a well-managed and financially stable nonprofit. Its consistent growth, low liabilities, and lack of reported officer compensation contribute to a positive assessment of its financial health and transparency. The organization's ability to consistently generate surpluses and grow its asset base while keeping liabilities minimal points to effective stewardship of its resources.