Wayfinder Schools
- Assets
- $7.8m
- Revenue
- $672.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Camden, ME
- Founding
- 12/1953
- Data as of
- 06/2023
- EIN
- 01-0217639
Organization Overview
Wayfinder Schools is located in Camden, ME. The organization was established in 1953. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2023, Wayfinder Schools employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayfinder Schools is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Wayfinder Schools generated $672.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $823.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WAYFINDER SCHOOLS OFFER STUDENTS THE EXPERIENCE NECESSARY TO DISCOVER THEIR STRENGTHS AND SKILLS, CONNECT WITH THEIR FAMILIES, PRACTICE PERSONAL RESPONSIBILITY, CONTRIBUTE TO THEIR COMMUNITIES, AND EARN A HIGH SCHOOL DIPLOMA.
Describe the Organization's Program Activity:
WAYFINDER SCHOOL IS A MAINE DEPARTMENT OF EDUCATION APPROVED ALTERNATIVE HIGH SCHOOL SERVING AT-RISK YOUTH AND TEEN PARENTS IN MAINE. EACH YEAR THEY SERVE 65 MAINE YOUTH WHO ARE AT-RISK OF HIGH SCHOOL NON-COMPLETION. WAYFINDER STUDENTS RECEIVE INDIVIDUALIZED INSTRUCTION IN THEIR OWN HOMES AS THEY WORK TOWARD 24 GRADUATION REQUIREMENTS IN ACADEMICS, PRACTICAL LIFE SKILLS AND IN SOME CASES, PARENTING. WAYFINDER STUDENTS HAVE TYPICALLY STRUGGLED IN TRADITIONAL SCHOOL SETTINGS AND BENEFIT FROM WAYFINDER'S INDIVIDUALIZED, STRENGTHS-BASED, STUDENT-CENTERED APPROACH. STUDENTS RECEIVE REFERRALS FOR ADDITIONAL SERVICES AS NEEDED. THEY ALSO PARTICIPATE IN WORKSHOPS, FIELD TRIPS AND COMMUNITY VOLUNTEER PROJECTS. EACH GRADUATE MUST COMPLETE A CAPSTONE PROJECT DESIGNED TO ADDRESS A SPECIFIC CHALLENGE OR GOAL THEY HAVE IDENTIFIED FOR THEMSELVES. IN RECENT YEARS, 70% OF WAYFINDER GRADUATES HAVE PURSUED POST-SECONDARY EDUCATION AND/OR SECURED EMPLOYMENT WITHIN THREE MONTHS OF GRADUATION. MORE THAN 80% REPORT INCREASED CONFIDENCE, LIFE SKILLS, JOB SKILLS, COMMUNITY CONNECTION AND WORK-READINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Vickrey Treasurer | OfficerTrustee | 2 | $0 |
Barbara Sullivan Director | Trustee | 1 | $0 |
Larissa Malone Director | Trustee | 1 | $0 |
Skye Green Hall Director | Trustee | 1 | $0 |
Jerry Mcqueeney Chair | OfficerTrustee | 2 | $0 |
Andrea Itkin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,100 |
| Related organizations | $0 |
| Government grants | $75,991 |
| All other contributions, gifts, grants, and similar amounts not included above | $303,493 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $393,584 |
| Total Program Service Revenue | $140,881 |
| Investment income | $96,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,195 |
| Net Gain/Loss on Asset Sales | $19,008 |
| Net Income from Fundraising Events | $16,799 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $672,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,170 |
| Compensation of current officers, directors, key employees. | $13,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $461,089 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,822 |
| Payroll taxes | $33,605 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,172 |
| Fees for services: Other | $38,550 |
| Advertising and promotion | $0 |
| Office expenses | $26,183 |
| Information technology | $2,127 |
| Royalties | $0 |
| Occupancy | $19,102 |
| Travel | $24,193 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $700 |
| Interest | $608 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,688 |
| Insurance | $21,756 |
| All other expenses | $0 |
| Total functional expenses | $823,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,343 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $20,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,631 |
| Net Land, buildings, and equipment | $233,598 |
| Investments—publicly traded securities | $5,617,210 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,684,669 |
| Total assets | $7,800,451 |
| Accounts payable and accrued expenses | $33,268 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,150 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $39,418 |
| Net assets without donor restrictions | $3,934,777 |
| Net assets with donor restrictions | $3,826,256 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,800,451 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Bridges Inc Concord, NH | $20,054,044 | $57,671,177 |
One Sky Community Services Inc Portsmouth, NH | $8,805,526 | $41,591,109 |
Independence Advocates Of Maine Inc Orono, ME | $8,444,361 | $10,112,055 |
Nashua Childrens Home Nashua, NH | $6,099,759 | $5,993,945 |
Amicus Bangor, ME | $4,707,061 | $5,205,378 |
New Beginnings Inc Lewiston, ME | $6,264,114 | $4,107,162 |
Dover Childrens Home Dover, NH | $6,693,557 | $2,237,538 |
Orion House Inc Newport, NH | $1,314,165 | $2,031,757 |
Wayfinder Schools Camden, ME | $7,800,451 | $672,494 |
Penobscot Area Housing Development Corp Bangor, ME | $0 | $560,828 |
Chase Home For Children In Portsmouth N H Portsmouth, NH | $9,455,876 | $342,265 |
Sonata Housing Inc Center Conway, NH | $561,232 | $520,491 |
Smart Child & Family Services Windham, ME | $0 | $677,990 |
Mass Association Of Residential Care Homes Inc Londonderry, NH | $166,688 | $364,826 |
G & J's Solutions Casco, ME | $0 | $158,991 |
Monadnock At Home Jaffrey, NH | $26,465 | $0 |
New Hampshire Challenge Inc Merrimack, NH | $23,495 | $0 |
Seven Trees Inc Bristol, ME | $0 | $0 |