Civic Intelligence

Wayforward Adventures Inc.

990 • Fiscal year 2020 • EIN 46-3863999

Jan 01, 2020 to Dec 31, 2020 • Filed on May 12, 2021

643 Presidential DrRichardson, TX 75081

(214) 924-5816

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.40x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

85th percentile

36%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

76th percentile

$120,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-51%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,632,431

Up $291,036 (+22%) from 2019

Net Assets

Up

$1,373,145

Up $245,639 (+22%) from 2019

Liabilities

Up

$259,286

Up $45,397 (+21%) from 2019

Revenue

Down

$652,739

Down $673,515 (-51%) from 2019

Expenses

Down

$416,140

Down $38,042 (-8.4%) from 2019

Net Income

Down

$236,599

Down $635,473 (-73%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2014: $69,643Liabilities 2014: $463Net Assets 2014: $69,1802014Assets 2015: $127,888Liabilities 2015: $12,370Net Assets 2015: $115,5182015Assets 2016: $144,625Liabilities 2016: $14,788Net Assets 2016: $129,8372016Assets 2017: $136,333Liabilities 2017: $9,129Net Assets 2017: $127,2042017Assets 2018: $259,121Liabilities 2018: $16,181Net Assets 2018: $242,9402018Assets 2019: $1,341,395Liabilities 2019: $213,889Net Assets 2019: $1,127,5062019Assets 2020: $1,632,431Liabilities 2020: $259,286Net Assets 2020: $1,373,1452020Assets 2021: $2,161,151Liabilities 2021: $305,200Net Assets 2021: $1,855,9512021Assets 2023: $2,555,631Liabilities 2023: $124,055Net Assets 2023: $2,431,5762023Assets 2024: $2,811,652Liabilities 2024: $55,947Net Assets 2024: $2,755,7052024

Highlighted filing

2020

Assets$1,632,431
Liabilities$259,286
Net Assets$1,373,145

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $156,522Expenses 2014: $88,042Net Income 2014: $68,4802014Revenue 2015: $241,476Expenses 2015: $195,137Net Income 2015: $46,3392015Revenue 2016: $295,713Expenses 2016: $283,175Net Income 2016: $12,5382016Revenue 2017: $293,619Expenses 2017: $295,739Net Income 2017: -$2,1202017Revenue 2018: $505,974Expenses 2018: $384,423Net Income 2018: $121,5512018Revenue 2019: $1,326,254Expenses 2019: $454,182Net Income 2019: $872,0722019Revenue 2020: $652,739Expenses 2020: $416,140Net Income 2020: $236,5992020Revenue 2021: $1,062,652Expenses 2021: $508,228Net Income 2021: $554,4242021Revenue 2023: $1,199,373Expenses 2023: $733,520Net Income 2023: $465,8532023Revenue 2024: $1,299,253Expenses 2024: $975,124Net Income 2024: $324,1292024

Highlighted filing

2020

Revenue$652,739
Expenses$416,140
Net Income$236,599
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.1
Gross Receipts
$671,055
Mission and Program Overview

Mission

The purpose for which the

Wayforward adventures empowers individuals through outdoor adventure to identify how they are wired and who god has made them tobe.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$710,905$710,905→ $0
Cash and Non-Interest-Bearing Accounts$321,536$382,012▲ $60,476
Accounts Receivable$523$523→ $0
Total Assets$1,341,395$1,632,431▲ $291,036
Other Assets Total$308,431$538,991▲ $230,560
Liabilities
Mortgage Notes Payable Secured by Investment Property$207,242$205,046▼ $2,196
Other Liabilities$3,943$54,240▲ $50,297
Accounts Payable and Accrued Expenses$2,704$0▼ $2,704
Total Liabilities$213,889$259,286▲ $45,397
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,127,506$1,373,145▲ $245,639
Total Net Assets Fund Balance$1,127,506$1,373,145▲ $245,639
Total Liabilities and Net Assets / Fund Balance$1,341,395$1,632,431▲ $291,036

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$677,398--
Other Land Buildings$33,507--
Other Assets Org$1,255--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Todd PinkstonCEOFT$120,000$120,000

Board Members and Trustees

NameTitle
Alex KnoopDirector
Anthony BrusterDirector
Bill StrahanDirector
Erin PinkstonDirector
Josh PattersonDirector
Leslie DawsonDirector
Reed LivesayDirector
Seth AdamsDirector
Terry PhamDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$365,002
Program Service Revenue
$224,790
Investment Income
$1,567
Other Revenue
$61,380
All Other Contributions
$365,002
Change in Net Assets
$236,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$228,006
Other Expenses$188,134
Total Fundraising Expense$22,015
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$88,723$5,219$10,438$104,380
Other Salaries and Wages$57,142$35,639$6,482$99,263
Occupancy$47,473$0$0$47,473
Other Expenses$38,479$0$0$38,479
Fees for Services Other$18,617$0$0$18,617
Insurance$0$17,207$0$17,207
Payroll Taxes$10,464$3,016$1,238$14,718
Office Expenses$0$11,825$1,432$13,257
Other Employee Benefits$7,872$1,108$665$9,645
Advertising$7,711$0$813$8,524
Depreciation Depletion$7,380$0$0$7,380
Fees for Services Accounting$0$6,797$0$6,797
All Other Expenses$6,281$0$0$6,281
Information Technology$0$4,610$0$4,610
Travel$4,256$0$0$4,256
Conferences and Meetings$0$0$947$947
Fees for Services Legal$0$10$0$10
Total Functional Expenses$308,393$85,732$22,015$416,140
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
Deferred revenue$32,017
Payables$17,065
Accrued expenses$737
Payroll tax liabilities$526
Sales tax payable$328
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Wayforward Adventures Inc
EIN
46-3863999
Phone
2149245816
Address
643 PRESIDENTIAL DR, RICHARDSON, TX 75081

Signing Officer

Name
Todd Pinkston
Title
Executive Director
Phone
2149245816
Signed
2021-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Pinkston
Formed
2013
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
8
Employees
8
Volunteers
25

Preparer

Firm
Sheila Schroyer CPA Pc
Address
1113 Dunvegan Ln, RAYMORE, MO 64083
Preparer
Sheila Schroyer
Phone
9403123304
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is distributed to all board members prior to approval and filing.

Pt VI, Line 12C

The organization requires board members to review the conflict of interest policy annually and disclose any such conflicts. Any conflicts of interest will result in the departure of the individual from the board.

Pt VI, Line 15A

Members of the board review comparative industry compensation information to determine the ceo's salary and benefit package. Members of the board approve the ceo's compensation package annually.

Pt VI, Line 19

The organization makes their tax returns or financial data available upon request. No public requests were made during the year of filing.

Pt VI, Line 2

Todd and erin pinkston are married. Bill and becky strahan are married.

Pt VI, Line 11B

The organization distributes the form 990 to all board members for review and discussion prior to filing with the irs.

Pt XI

Line 9 - additional assets

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt06929
IRS990/OtherExpensesGrp/ProgramServicesAmt17066
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt338479
IRS990/OtherExpensesGrp/TotalAmt06929
IRS990/OtherExpensesGrp/TotalAmt17066
IRS990/OtherExpensesGrp/TotalAmt2301
IRS990/OtherExpensesGrp/TotalAmt338479
IRS990/OtherLiabilitiesGrp/BOYAmt03943
IRS990/OtherLiabilitiesGrp/EOYAmt054240
IRS990/OtherRevenueMiscGrp/BusinessCd0561520
IRS990/OtherRevenueMiscGrp/BusinessCd1561520
IRS990/OtherRevenueMiscGrp/Desc0EIDL GRANT
IRS990/OtherRevenueMiscGrp/Desc1PAYCHECK PROTECTION PROGRAM ROUND 1
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt141700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt141700
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt045700
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06482
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035639
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057142
IRS990/OtherSalariesAndWagesGrp/TotalAmt099263
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01238
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03016
IRS990/PayrollTaxesGrp/ProgramServicesAmt010464
IRS990/PayrollTaxesGrp/TotalAmt014718
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TODD PINKSTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561520
IRS990/ProgramServiceRevenueGrp/Desc0WAYFORWARD ADVENTURE PROGRAM
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0224790
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0WAYFORWARD ADVENTURES EMPLOYS YOUNG ADULTS TO PROVIDE A RELIGIOUS EMPLOYMENT EXPERIENCE AND TO FURTHER THEIR GROWTH IN MINISTRY AND WORK. WAYFORWARD MENTORS THE YOUNG ADULTS TO HELP EACH EMPLOYEE GAIN A BETTER UNDERSTANDING OF HOW THEY ARE WIRED AND HOW GOD HAS MADE THEM TO BE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt027717
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0WAYFORWARD ADVENTURES DEVELOPED CURRICULUM TO AID THE SUMMER PROGRAM PARTICIPANTS AND YOUNG ADULT EMPLOYEES IN THEIR JOURNEY ON IDENTIFYING WHO THEY ARE AND HOW GOD HAS MADE THEM TO BE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05475
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01036954
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01009
IRS990/PYOtherExpensesAmt0224808
IRS990/PYProgramServiceRevenueAmt0288291
IRS990/PYRevenuesLessExpensesAmt0872072
IRS990/PYSalariesCompEmpBnftPaidAmt0229374
IRS990/PYTotalExpensesAmt0454182
IRS990/PYTotalRevenueAmt01326254
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0236599
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt07600
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0224759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0369002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01036954
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0225216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0104208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0121092
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01856472
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01856472
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0369002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01036954
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0225216
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0104208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0121092
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01856472
IRS990ScheduleA/TotalSupportAmt01856472
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0677398
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0677398
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt03567
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0537736
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11255
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID EXPENSES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt033507
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt033507
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017065
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt232017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3737
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4328
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payables
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll tax liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred revenue
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Accrued expenses
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Sales tax payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0710905
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0538991
IRS990ScheduleD/TotalLiabilityAmt054240
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO APPROVAL AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES BOARD MEMBERS TO REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ANY SUCH CONFLICTS. ANY CONFLICTS OF INTEREST WILL RESULT IN THE DEPARTURE OF THE INDIVIDUAL FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD REVIEW COMPARATIVE INDUSTRY COMPENSATION INFORMATION TO DETERMINE THE CEO'S SALARY AND BENEFIT PACKAGE. MEMBERS OF THE BOARD APPROVE THE CEO'S COMPENSATION PACKAGE ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES THEIR TAX RETURNS OR FINANCIAL DATA AVAILABLE UPON REQUEST. NO PUBLIC REQUESTS WERE MADE DURING THE YEAR OF FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TODD AND ERIN PINKSTON ARE MARRIED. BILL AND BECKY STRAHAN ARE MARRIED.

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