Wayfinders Ohio Inc
Wayfinders Ohio Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 205609709 · Mansfield, OH · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $785K |
| Total Expenses | $903K |
| Program Spending | 85% |
| Net Assets | $1.6M |
| Transparency Score | 90/100 |
Is Wayfinders Ohio Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wayfinders Ohio Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wayfinders Ohio Inc
Wayfinders Ohio Inc (EIN: 205609709) is a nonprofit organization based in Mansfield, OH, classified under NTEE code L41. The organization reported total revenue of $785K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wayfinders Ohio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wayfinders Ohio Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $903K |
| Surplus / Deficit | +$259K |
| Total Assets | $1.6M |
| Total Liabilities | $33K |
| Net Assets | $1.6M |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 21.8 months |
Financial Health Grade: A
In 2023, Wayfinders Ohio Inc reported a surplus of $259K with revenue exceeding expenses, holds 21.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wayfinders Ohio Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | +22.6% | +20.6% |
| 2022 | +13.7% | -10.7% | +24.4% |
| 2021 | +29.4% | +28.3% | +20.7% |
| 2020 | +58.3% | +23.8% | +4.2% |
| 2019 | -18.8% | +19.0% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wayfinders Ohio Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wayfinders Ohio Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $259K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Wayfinders Ohio Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual and suggests either a volunteer-led executive team or compensation is categorized differently, warranting further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wayfinders Ohio Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Wayfinders Ohio Inc:
- 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.
Frequently Asked Questions about Wayfinders Ohio Inc
Is Wayfinders Ohio Inc a legitimate charity?
Wayfinders Ohio Inc (EIN: 205609709) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $785K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Wayfinders Ohio Inc spend its money?
Wayfinders Ohio Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wayfinders Ohio Inc tax-deductible?
Wayfinders Ohio Inc is registered as a tax-exempt nonprofit (EIN: 205609709). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wayfinders Ohio Inc's spending goes to programs?
Wayfinders Ohio Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wayfinders Ohio Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Wayfinders Ohio Inc is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wayfinders Ohio Inc located?
Wayfinders Ohio Inc is headquartered in Mansfield, Ohio and files with the IRS under EIN 205609709. It is classified under NTEE code L41.
How many years of IRS 990 filings does Wayfinders Ohio Inc have?
Wayfinders Ohio Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $785K in total revenue.
How does Wayfinders Ohio Inc manage to operate without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is reported under different expense categories, which would require a deeper dive into their detailed financial statements to understand fully.
What is the primary driver of Wayfinders Ohio Inc's consistent revenue growth?
While the filings show consistent revenue growth from $466,192 in 201412 to $1,162,415 in 202312, the specific sources (e.g., grants, donations, program service fees) are not detailed in the provided summary. Further analysis of the full 990 forms would be needed to identify these drivers.
What is the organization's long-term strategy for asset utilization?
Wayfinders Ohio Inc has significantly grown its assets from $737,370 in 201412 to $1,644,388 in 202312. The specific strategy for how these assets are being used or planned for future programs is not detailed in the summary data, but their growth indicates strong financial reserves.
Filing History
IRS 990 filing history for Wayfinders Ohio Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wayfinders Ohio Inc's revenue has grown by 143.9%, moving from $477K to $1.2M. Total assets increased by 142.7% over the same period, from $678K to $1.6M. Total functional expenses rose by 102.4%, from $446K to $903K. In its most recent filing year (2023), Wayfinders Ohio Inc reported a surplus of $259K, with revenue exceeding expenses. The organization holds $33K in liabilities against $1.6M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $903K | $1.6M | $33K | — | — |
| 2022 | $994K | $736K | $1.4M | $49K | — | View 990 |
| 2021 | $874K | $825K | $1.1M | $11K | — | View 990 |
| 2020 | $675K | $643K | $908K | $17K | — | View 990 |
| 2019 | $426K | $519K | $872K | $13K | — | View 990 |
| 2018 | $525K | $436K | $968K | $16K | — | View 990 |
| 2017 | $498K | $424K | $877K | $14K | — | View 990 |
| 2016 | $422K | $411K | $796K | $16K | — | View 990 |
| 2015 | $433K | $407K | $781K | $12K | — | View 990 |
| 2014 | $466K | $415K | $737K | $14K | — | View 990 |
| 2013 | $451K | $436K | $754K | $16K | — | View 990 |
| 2012 | $453K | $510K | $623K | $18K | — | View 990 |
| 2011 | $477K | $446K | $678K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $903K, and assets of $1.6M (revenue +17.0% year-over-year).
- 2022: Revenue of $994K, expenses of $736K, and assets of $1.4M (revenue +13.7% year-over-year).
- 2021: Revenue of $874K, expenses of $825K, and assets of $1.1M (revenue +29.4% year-over-year).
- 2020: Revenue of $675K, expenses of $643K, and assets of $908K (revenue +58.3% year-over-year).
- 2019: Revenue of $426K, expenses of $519K, and assets of $872K (revenue -18.8% year-over-year).
- 2018: Revenue of $525K, expenses of $436K, and assets of $968K (revenue +5.4% year-over-year).
- 2017: Revenue of $498K, expenses of $424K, and assets of $877K (revenue +18.1% year-over-year).
- 2016: Revenue of $422K, expenses of $411K, and assets of $796K (revenue -2.5% year-over-year).
- 2015: Revenue of $433K, expenses of $407K, and assets of $781K (revenue -7.2% year-over-year).
- 2014: Revenue of $466K, expenses of $415K, and assets of $737K (revenue +3.3% year-over-year).
- 2013: Revenue of $451K, expenses of $436K, and assets of $754K (revenue -0.4% year-over-year).
- 2012: Revenue of $453K, expenses of $510K, and assets of $623K (revenue -5.0% year-over-year).
- 2011: Revenue of $477K, expenses of $446K, and assets of $678K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wayfinders Ohio Inc:
Data Sources and Methodology
This transparency report for Wayfinders Ohio Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.