Waypoint
Waypoint shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 20222164 · Manchester, NH · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24.4M |
| Total Expenses | $21.3M |
| Program Spending | 80% |
| Net Assets | $32.9M |
| Transparency Score | 85/100 |
Is Waypoint Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waypoint directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waypoint
Waypoint (EIN: 20222164) is a nonprofit organization based in Manchester, NH, classified under NTEE code P200. The organization reported total revenue of $24.4M and total assets of $39.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waypoint's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waypoint is a large nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28.0M |
| Total Expenses | $21.3M |
| Surplus / Deficit | +$6.6M |
| Total Assets | $38.2M |
| Total Liabilities | $5.3M |
| Net Assets | $32.9M |
| Operating Margin | 23.8% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, Waypoint reported a surplus of $6.6M with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Waypoint's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.1% | +13.5% | +27.3% |
| 2022 | +5.1% | +12.5% | -7.9% |
| 2021 | +18.1% | +7.5% | +5.3% |
| 2020 | +18.9% | +11.5% | +20.7% |
| 2019 | -1.9% | +4.0% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Waypoint 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, Waypoint 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 $6.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.8%.
Executive Compensation Analysis
Waypoint consistently reports 0% officer compensation across all available filings, indicating that its top executives do not receive salaries directly from the organization, which is highly unusual and suggests a strong commitment to directing funds towards its mission.
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 Waypoint's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents full efficiency assessment.
Strengths
The following positive indicators were identified for Waypoint:
- Consistent revenue growth, nearly doubling from 2019 to 2023.
- Healthy asset accumulation, increasing from $25.6M in 2019 to $38.2M in 2023.
- Revenue consistently exceeds expenses in recent years, indicating financial stability (e.g., $27.9M revenue vs. $21.3M expenses in 2023).
- 0% reported officer compensation across all filings, suggesting strong commitment to mission and potentially volunteer leadership.
- Positive net assets (Assets significantly higher than Liabilities) across all periods, indicating strong financial solvency.
Frequently Asked Questions about Waypoint
Is Waypoint a legitimate charity?
Based on AI analysis of IRS 990 filings, Waypoint (EIN: 20222164) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Waypoint spend its money?
Waypoint directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Waypoint tax-deductible?
Waypoint is registered as a tax-exempt nonprofit (EIN: 20222164). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Waypoint's spending goes to programs?
Waypoint directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Waypoint compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Waypoint is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Waypoint located?
Waypoint is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20222164. It is classified under NTEE code P200.
How many years of IRS 990 filings does Waypoint have?
Waypoint 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 $24.4M in total revenue.
Is Waypoint a good charity?
Based on the provided financial data, Waypoint appears to be a financially healthy and growing organization with a strong track record of revenue exceeding expenses and increasing assets. The consistent 0% officer compensation is a significant positive indicator. To fully assess if it's a 'good' charity, one would need to review its program outcomes and impact.
How has Waypoint's revenue grown over time?
Waypoint has shown significant revenue growth, nearly doubling from $13,631,513 in 2019 to $27,979,071 in 2023, demonstrating strong financial expansion.
What is Waypoint's asset growth trend?
Waypoint's assets have steadily increased from $25,607,810 in 2019 to $38,199,726 in 2023, indicating healthy financial accumulation and stability.
Filing History
IRS 990 filing history for Waypoint showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Waypoint's revenue has grown by 126.5%, moving from $12.4M to $28.0M. Total assets increased by 77% over the same period, from $21.6M to $38.2M. Total functional expenses rose by 72.7%, from $12.4M to $21.3M. In its most recent filing year (2023), Waypoint reported a surplus of $6.6M, with revenue exceeding expenses. The organization holds $5.3M in liabilities against $38.2M in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $32.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28.0M | $21.3M | $38.2M | $5.3M | — | — |
| 2022 | $20.1M | $18.8M | $30.0M | $6.0M | — | View 990 |
| 2021 | $19.1M | $16.7M | $32.6M | $6.3M | — | View 990 |
| 2020 | $16.2M | $15.5M | $30.9M | $8.7M | — | View 990 |
| 2019 | $13.6M | $13.9M | $25.6M | $6.0M | — | View 990 |
| 2018 | $13.9M | $13.4M | $23.1M | $5.9M | — | View 990 |
| 2017 | $12.4M | $12.2M | $24.6M | $6.2M | — | View 990 |
| 2016 | $11.4M | $11.9M | $22.6M | $6.6M | — | View 990 |
| 2015 | $12.4M | $11.8M | $22.4M | $6.7M | — | View 990 |
| 2014 | $12.1M | $11.8M | $23.6M | $6.8M | — | View 990 |
| 2013 | $13.3M | $13.2M | $24.3M | $6.7M | — | View 990 |
| 2012 | $12.4M | $12.9M | $22.3M | $7.3M | — | View 990 |
| 2011 | $12.4M | $12.4M | $21.6M | $7.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28.0M, expenses of $21.3M, and assets of $38.2M (revenue +39.1% year-over-year).
- 2022: Revenue of $20.1M, expenses of $18.8M, and assets of $30.0M (revenue +5.1% year-over-year).
- 2021: Revenue of $19.1M, expenses of $16.7M, and assets of $32.6M (revenue +18.1% year-over-year).
- 2020: Revenue of $16.2M, expenses of $15.5M, and assets of $30.9M (revenue +18.9% year-over-year).
- 2019: Revenue of $13.6M, expenses of $13.9M, and assets of $25.6M (revenue -1.9% year-over-year).
- 2018: Revenue of $13.9M, expenses of $13.4M, and assets of $23.1M (revenue +12.4% year-over-year).
- 2017: Revenue of $12.4M, expenses of $12.2M, and assets of $24.6M (revenue +8.6% year-over-year).
- 2016: Revenue of $11.4M, expenses of $11.9M, and assets of $22.6M (revenue -8.6% year-over-year).
- 2015: Revenue of $12.4M, expenses of $11.8M, and assets of $22.4M (revenue +2.9% year-over-year).
- 2014: Revenue of $12.1M, expenses of $11.8M, and assets of $23.6M (revenue -8.9% year-over-year).
- 2013: Revenue of $13.3M, expenses of $13.2M, and assets of $24.3M (revenue +7.1% year-over-year).
- 2012: Revenue of $12.4M, expenses of $12.9M, and assets of $22.3M (revenue +0.3% year-over-year).
- 2011: Revenue of $12.4M, expenses of $12.4M, and assets of $21.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waypoint:
Data Sources and Methodology
This transparency report for Waypoint 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.