Civic Intelligence

Waypoint Maine Inc

EIN 01-0279587 • 501(c)3 • Sanford, ME

Profile

Waypoint Maine provides a comprehensive array of programs that each year provides essential services and support to over 1,000 children and adults with special needs.

5 Dunaway DriveSanford, ME 04073

www.waypointmaine.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.03x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

16th percentile

0.06x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

54th percentile

5.7%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

55th percentile

6.9%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2025

Revenue Growth

56th percentile

9.5%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2025

Assets

Up

$44,547,441

Up $1,759,877 (+4.1%) from 2024

Liabilities

Down

$1,350,943

Down $93,909 (-6.5%) from 2024

Net Assets

Up

$43,196,498

Up $1,853,786 (+4.5%) from 2024

Revenue

Up

$24,222,664

Up $1,728,874 (+7.7%) from 2024

Expenses

Up

$22,830,499

Up $2,091,474 (+10%) from 2024

Net Income

Down

$1,392,165

Down $362,600 (-21%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $14,504,827Liabilities 2010: $520,683Net Assets 2010: $13,984,1442010Assets 2011: $15,991,444Liabilities 2011: $1,043,021Net Assets 2011: $14,948,4232011Assets 2012: $16,273,230Liabilities 2012: $973,481Net Assets 2012: $15,299,7492012Assets 2013: $16,838,697Liabilities 2013: $944,046Net Assets 2013: $15,894,6512013Assets 2014: $18,026,747Liabilities 2014: $861,706Net Assets 2014: $17,165,0412014Assets 2015: $20,395,621Liabilities 2015: $991,586Net Assets 2015: $19,404,0352015Assets 2016: $21,222,331Liabilities 2016: $700,025Net Assets 2016: $20,522,3062016Assets 2017: $23,556,150Liabilities 2017: $1,168,258Net Assets 2017: $22,387,8922017Assets 2018: $25,273,113Liabilities 2018: $990,236Net Assets 2018: $24,282,8772018Assets 2019: $27,668,877Liabilities 2019: $1,142,775Net Assets 2019: $26,526,1022019Assets 2020: $31,220,523Liabilities 2020: $4,105,681Net Assets 2020: $27,114,8422020Assets 2021: $33,007,410Liabilities 2021: $1,211,745Net Assets 2021: $31,795,6652021Assets 2022: $37,417,961Liabilities 2022: $1,398,267Net Assets 2022: $36,019,6942022Assets 2023: $38,969,461Liabilities 2023: $1,460,269Net Assets 2023: $37,509,1922023Assets 2024: $42,787,564Liabilities 2024: $1,444,852Net Assets 2024: $41,342,7122024Assets 2025: $44,547,441Liabilities 2025: $1,350,943Net Assets 2025: $43,196,4982025

Highlighted filing

2025

Assets$44,547,441
Liabilities$1,350,943
Net Assets$43,196,498

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0Expenses 2010: $10,486,7162010Expenses 2011: $11,550,7932011Expenses 2012: $12,773,2522012Revenue 2013: $13,035,496Expenses 2013: $12,588,345Net Income 2013: $447,1512013Revenue 2014: $14,620,793Expenses 2014: $13,589,919Net Income 2014: $1,030,8742014Revenue 2015: $16,059,416Expenses 2015: $15,082,833Net Income 2015: $976,5832015Revenue 2016: $18,132,653Expenses 2016: $16,942,367Net Income 2016: $1,190,2862016Revenue 2017: $19,713,141Expenses 2017: $17,963,837Net Income 2017: $1,749,3042017Revenue 2018: $19,954,570Expenses 2018: $18,231,425Net Income 2018: $1,723,1452018Revenue 2019: $20,640,358Expenses 2019: $18,323,298Net Income 2019: $2,317,0602019Revenue 2020: $19,213,389Expenses 2020: $18,572,249Net Income 2020: $641,1402020Revenue 2021: $22,366,455Expenses 2021: $18,588,221Net Income 2021: $3,778,2342021Revenue 2022: $26,077,048Expenses 2022: $20,079,348Net Income 2022: $5,997,7002022Revenue 2023: $20,214,531Expenses 2023: $20,085,050Net Income 2023: $129,4812023Revenue 2024: $22,493,790Expenses 2024: $20,739,025Net Income 2024: $1,754,7652024Revenue 2025: $24,222,664Expenses 2025: $22,830,499Net Income 2025: $1,392,1652025

Highlighted filing

2025

Revenue$24,222,664
Expenses$22,830,499
Net Income$1,392,165

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$1.35$43.2$24.2$22.8$1.39
2024Detailed filing. Detailed filing data is available for this year.$42.8$1.44$41.3$22.5$20.7$1.75
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.0$1.46$37.5$20.2$20.1$0.13
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$37.4$1.40$36.0$26.1$20.1$6.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$1.21$31.8$22.4$18.6$3.78
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$4.11$27.1$19.2$18.6$0.64
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$1.14$26.5$20.6$18.3$2.32
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.3$0.99$24.3$20.0$18.2$1.72
2017Detailed filing. Detailed filing data is available for this year.$23.6$1.17$22.4$19.7$18.0$1.75
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.2$0.70$20.5$18.1$16.9$1.19
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.4$0.99$19.4$16.1$15.1$0.98
2014Detailed filing. Detailed filing data is available for this year.$18.0$0.86$17.2$14.6$13.6$1.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$0.94$15.9$13.0$12.6$0.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$0.97$15.3$12.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$1.04$14.9$11.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.52$14.0$10.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 23, 2025
Return Version
2024v5.2
Gross Receipts
$29,791,728
Mission and Program Overview

Mission

Waban Projects provides a comprehensive array of programs that each year provides essential services and support to over 1,000 children and adults with special needs.

Assist developmentally disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,239,618$15,744,655▲ $1,505,037
Land, Buildings, and Equipment, Net$11,819,314$13,124,414▲ $1,305,100
Cash and Non-Interest-Bearing Accounts$5,528,699$6,240,419▲ $711,720
Savings and Temporary Cash Investments$4,102,229$4,007,367▼ $94,862
Accounts Receivable$3,601,487$1,946,471▼ $1,655,016
Prepaid Expenses and Deferred Charges$126,442$116,919▼ $9,523
Other Notes and Loans Receivable, Net$50,000$50,000→ $0
Total Assets$42,787,564$44,547,441▲ $1,759,877
Other Assets Total$3,319,775$3,317,196▼ $2,579
Liabilities
Accounts Payable and Accrued Expenses$1,267,864$1,254,881▼ $12,983
Other Liabilities$176,988$96,062▼ $80,926
Total Liabilities$1,444,852$1,350,943▼ $93,909
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,964,297$39,731,768▲ $1,767,471
Net Assets With Donor Restrictions$3,378,415$3,464,730▲ $86,315
Total Net Assets Fund Balance$41,342,712$43,196,498▲ $1,853,786
Total Liabilities and Net Assets / Fund Balance$42,787,564$44,547,441▲ $1,759,877

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,222,027$9,400,518-
Other Land Buildings$165,704$741,632-
Land$2,218,303--
Equipment$518,380$1,745,941-
Other Assets Org$6,986--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$665,931-▲ $51,440$-24,172$693,199
2023$579,667-▲ $99,623$-13,359$665,931
2022$542,002-▲ $51,583$-13,918$579,667
2021$609,649-▼ $47,348$-20,299$542,002
2020$471,379-▲ $149,598$-11,328$609,649
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer PutnamExecutive DirectorFT$227,483$50,820$278,303

Board Members and Trustees

NameTitle
Dennis ByrdPresident
Jess L Krall EsqVice President
Bobbi CoffinDirector
Donald BurgessDirector
Hans OlsenDirector
Roger CaronDirector
Shawn SullivanDirector
Willie DumontDirector
Mary Frances FrankSecretary
Anthony CataldiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,507,399
Program Service Revenue
$21,220,371
Investment Income
$1,494,894
Other Revenue
$0
All Other Contributions
$1,218,186
Change in Net Assets
$1,392,165

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,222,664
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$461,621
Total Revenue per Audited Statements
$24,684,285
Total Revenue per Form 990
$24,222,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,716,189
Other Expenses$6,114,310
Total Fundraising Expense$126,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,480,486$1,367,392$36,250$12,884,128
Other Employee Benefits$2,335,990$268,717$9,149$2,613,856
Occupancy$1,089,934$161,087$1,804$1,252,825
Payroll Taxes$888,608$99,384$2,730$990,722
Depreciation Depletion$709,712$28,898-$738,610
Travel$335,101$11,452$16$346,569
Current Officers, Directors, Trustees, and Key Employees$202,700$24,143$640$227,483
Information Technology$183,582$37,710$910$222,202
Fees for Services Legal$73,503$24,657-$98,160
Fees for Services Accounting-$59,800-$59,800
Other Expenses$26,613$9,343$27,273$35,956
Total Functional Expenses$20,256,482$2,447,579$126,438$22,830,499

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$22,830,499
Total Expenses per Audited Statements$22,830,499
Total Expenses per Form 990$22,830,499
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Custodial Accounts$51,256
Security Deposits$37,820
Lease Obligation$6,986
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The Executive Director and CFO are part of the 990 preparation process and review the final form before it is filed with the IRS. The Finance Committee reviews the form after it has been filed.

Form 990, Part VI, Section B, line 12C

The Executive Director meets monthly and as needed with the Executive Committee and informs them of any potential conflicts of interest that may have come to her/his attention. In addition, board members self-disclose when necessary.

Form 990, Part VI, Section B, line 15

A third party review of Executive Compensation for organizations of similar budget size and population served was done by an independent Human Resources firm. In addition, Executive Compensation surveys done by the Maine Association of Nonprofits, and Nonprofit Quarterly were reviewed.

Form 990, Part VI, Section C, line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Waypoint Maine Inc
EIN
01-0279587
Phone
2073247955
Address
5 Dunaway Drive, Sanford, ME 04073

Signing Officer

Name
Jennifer Putnam
Title
Executive Director
Phone
2073247955
Signed
2025-12-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Putnam
Formed
1966
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
364
Volunteers
28

Preparer

Firm
Purdy Powers & Company
Address
130 Middle Street, Portland, ME 04101
Preparer
Maria M Happnie CPA
Phone
2077753496
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Change in value of beneficial interest in a perpetual trust 61,212.

Form 990, Part XII, Line 2C:

This process has not changed from the prior year.

Financial Statement Notes

Part V, Line 4:

Endowment funds will be used as directed by board of directors and donors to support program needs.

Part X, Line 2:

Management of the Organization believes it has no material uncertain tax positions and, accordingly will not recognize any liability for unrecognized tax benefits.

Part XI, Line 2D - Other Adjustments:

Change in Value of Beneficial Interest in Perpetual Trust 61,212.

Raw XML AppendixShowing 400 of 546 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Desc0Children's services: Offers licensed and certified education and behavioral health day treatment programs to help children with autism, developmental and other disabilities meet their social, emotional, and academic needs. Waypoint provides children's case management, behavioral health home, outpatient therapy, and runs a special purpose private school serving Pre-K through 5th grade and a year-round daycare program.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Anthony Cataldi
IRS990/Form990PartVIISectionAGrp/PersonNm2Mary Frances Frank
IRS990/Form990PartVIISectionAGrp/PersonNm3Roger Caron
IRS990/Form990PartVIISectionAGrp/PersonNm4Dennis Byrd
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IRS990/Form990PartVIISectionAGrp/PersonNm9Donald Burgess
IRS990/Form990PartVIISectionAGrp/PersonNm10Jennifer Putnam
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive Director
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IRS990/MissionDesc0Waypoint Maine provides a comprehensive array of programs that each year provides essential services and support to over 1,000 children and adults with special needs.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Adult Day Services: Provides day programs essential life skills, socialization, training, volunteer options, work opportunities, and fun ways to contribute to the community. Waypoint also offers case management and clinical services to support adults and their families.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Residential Services: In various community-based settings, residential programs support adults 18+ with autism, intellectual and developmental disabilities. We provide services from shared living to intermittent support, remote support, to group homes offering 24 hours a day, seven days a week.
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