Waynflete School
Waynflete School shows consistent revenue growth and healthy financial surpluses over the last decade.
EIN: 10211565 · Portland, ME · NTEE: B200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30.2M |
| Total Expenses | $24.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $27 |
| Net Assets | $44.2M |
| Transparency Score | 85/100 |
Is Waynflete School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waynflete School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waynflete School
Waynflete School (EIN: 10211565) is a nonprofit organization based in Portland, ME, classified under NTEE code B200. The organization reported total revenue of $30.2M and total assets of $70.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waynflete School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waynflete School is a large nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.0M |
| Total Expenses | $24.1M |
| Surplus / Deficit | +$3.0M |
| Total Assets | $66.7M |
| Total Liabilities | $22.5M |
| Net Assets | $44.2M |
| Operating Margin | 11.0% |
| Debt-to-Asset Ratio | 33.7% |
| Months of Reserves | 33.2 months |
Financial Health Grade: A
In 2023, Waynflete School reported a surplus of $3.0M with revenue exceeding expenses, holds 33.2 months of operating reserves (strong position), has a debt-to-asset ratio of 33.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Waynflete School's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +10.8% | +5.3% |
| 2022 | +10.6% | -2.7% | -2.2% |
| 2021 | +13.2% | +5.7% | +14.2% |
| 2020 | +0.4% | +2.4% | -3.5% |
| 2019 | -2.4% | +0.5% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1943 |
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 Waynflete School with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Waynflete School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $3.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.7%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all available filings. This suggests that executive compensation is either not reported in this specific field on the 990 summary or is included within broader administrative expenses, making it difficult to assess relative to the organization's size of over $27 million in annual revenue.
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 Waynflete School's IRS 990 filings:
- Lack of explicit officer compensation reporting in summary data, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Waynflete School:
- Consistent revenue growth over the past decade, from $17.3M in 2014 to $27.0M in 2023.
- Healthy and growing asset base, increasing from $46.8M in 2014 to $66.6M in 2023.
- Consistent operational surpluses, indicating sound financial management (e.g., $2.9M surplus in 2023).
- Strong asset-to-liability ratio, with assets significantly exceeding liabilities (e.g., $66.6M assets vs. $22.4M liabilities in 2023).
- Regular and consistent IRS 990 filings, demonstrating commitment to compliance and transparency.
Frequently Asked Questions about Waynflete School
Is Waynflete School a legitimate charity?
Based on AI analysis of IRS 990 filings, Waynflete School (EIN: 10211565) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Waynflete School spend its money?
Waynflete School directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Waynflete School tax-deductible?
Waynflete School is registered as a tax-exempt nonprofit (EIN: 10211565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Waynflete School CEO make?
Waynflete School's highest-compensated officer earns $27 annually. The organization reported $30.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Waynflete School's spending goes to programs?
Waynflete School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Waynflete School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Waynflete School is above average for NTEE category B200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Waynflete School located?
Waynflete School is headquartered in Portland, Maine and files with the IRS under EIN 10211565. It is classified under NTEE code B200.
How many years of IRS 990 filings does Waynflete School have?
Waynflete School 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 $30.2M in total revenue.
Is Waynflete School financially stable?
Yes, Waynflete School demonstrates strong financial stability, with consistent revenue growth from $17.3 million in 2014 to $27.0 million in 2023, and a healthy asset base of $66.6 million in 2023, consistently exceeding liabilities.
How has Waynflete School's revenue changed over time?
Waynflete School has experienced significant revenue growth, increasing from $17,369,019 in 2014 to $27,030,385 in 2023, indicating a positive trend in financial support and operations.
What is the trend in Waynflete School's assets?
The organization's assets have shown a strong upward trend, growing from $46,820,703 in 2014 to $66,669,948 in 2023, reflecting increasing financial strength and capacity.
Does Waynflete School operate with a surplus or deficit?
Waynflete School consistently operates with a surplus. For example, in 2023, revenue ($27,030,385) significantly exceeded expenses ($24,065,051), resulting in a surplus of nearly $3 million.
Filing History
IRS 990 filing history for Waynflete School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Waynflete School's revenue has grown by 64.1%, moving from $16.5M to $27.0M. Total assets increased by 53.4% over the same period, from $43.5M to $66.7M. Total functional expenses rose by 69.8%, from $14.2M to $24.1M. In its most recent filing year (2023), Waynflete School reported a surplus of $3.0M, with revenue exceeding expenses. The organization holds $22.5M in liabilities against $66.7M in assets (debt-to-asset ratio: 33.7%), resulting in net assets of $44.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.0M | $24.1M | $66.7M | $22.5M | — | View 990 |
| 2022 | $25.5M | $21.7M | $63.3M | $24.0M | — | View 990 |
| 2021 | $23.0M | $22.3M | $64.7M | $26.4M | — | View 990 |
| 2020 | $20.3M | $21.1M | $56.7M | $25.4M | — | View 990 |
| 2019 | $20.3M | $20.6M | $58.8M | $25.8M | — | View 990 |
| 2018 | $20.8M | $20.5M | $59.7M | $26.2M | — | View 990 |
| 2017 | $25.0M | $19.7M | $49.5M | $17.2M | — | View 990 |
| 2016 | $20.9M | $19.2M | $46.6M | $18.4M | — | View 990 |
| 2015 | $18.0M | $18.6M | $45.8M | $17.3M | — | View 990 |
| 2014 | $17.4M | $17.1M | $46.8M | $16.4M | — | View 990 |
| 2013 | $18.4M | $16.5M | $44.1M | $16.1M | — | View 990 |
| 2012 | $15.5M | $15.4M | $43.1M | $18.0M | — | View 990 |
| 2011 | $16.5M | $14.2M | $43.5M | $16.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.0M, expenses of $24.1M, and assets of $66.7M (revenue +6.2% year-over-year).
- 2022: Revenue of $25.5M, expenses of $21.7M, and assets of $63.3M (revenue +10.6% year-over-year).
- 2021: Revenue of $23.0M, expenses of $22.3M, and assets of $64.7M (revenue +13.2% year-over-year).
- 2020: Revenue of $20.3M, expenses of $21.1M, and assets of $56.7M (revenue +0.4% year-over-year).
- 2019: Revenue of $20.3M, expenses of $20.6M, and assets of $58.8M (revenue -2.4% year-over-year).
- 2018: Revenue of $20.8M, expenses of $20.5M, and assets of $59.7M (revenue -16.9% year-over-year).
- 2017: Revenue of $25.0M, expenses of $19.7M, and assets of $49.5M (revenue +19.6% year-over-year).
- 2016: Revenue of $20.9M, expenses of $19.2M, and assets of $46.6M (revenue +16.3% year-over-year).
- 2015: Revenue of $18.0M, expenses of $18.6M, and assets of $45.8M (revenue +3.4% year-over-year).
- 2014: Revenue of $17.4M, expenses of $17.1M, and assets of $46.8M (revenue -5.8% year-over-year).
- 2013: Revenue of $18.4M, expenses of $16.5M, and assets of $44.1M (revenue +18.6% year-over-year).
- 2012: Revenue of $15.5M, expenses of $15.4M, and assets of $43.1M (revenue -5.6% year-over-year).
- 2011: Revenue of $16.5M, expenses of $14.2M, and assets of $43.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waynflete School:
Data Sources and Methodology
This transparency report for Waynflete School 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.