Civic Intelligence

Wayfinding Initiative

990 • Fiscal year 2020 • EIN 47-2943786

Aug 01, 2019 to Jul 31, 2020 • Filed on Jun 14, 2021

8010 N Charleston AvePortland, OR 97203

(503) 482-9038

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$286,982

Flat from 2020

Net Assets

Flat

-$103,177

Flat from 2020

Liabilities

Flat

$390,159

Flat from 2020

Revenue And Expenses

Revenue

Flat

$373,766

Flat from 2020

Expenses

Flat

$474,568

Flat from 2020

Net Income

Flat

-$100,802

Flat from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2016: $119,672Liabilities 2016: $70,317Net Assets 2016: $49,3552016Assets 2017: $178,131Liabilities 2017: $141,036Net Assets 2017: $37,0952017Assets 2018: $175,066Liabilities 2018: $140,940Net Assets 2018: $34,1262018Assets 2019: $153,193Liabilities 2019: $155,649Net Assets 2019: -$2,4562019Assets 2020: $286,982Liabilities 2020: $390,159Net Assets 2020: -$103,1772020Assets 2020: $286,982Liabilities 2020: $390,159Net Assets 2020: -$103,1772020Assets 2021: $140,078Liabilities 2021: $310,071Net Assets 2021: -$169,9932021Assets 2022: $189,175Liabilities 2022: $562,805Net Assets 2022: -$373,6302022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2020

Assets$286,982
Liabilities$390,159
Net Assets-$103,177

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $228,490Expenses 2016: $179,219Net Income 2016: $49,2712016Revenue 2017: $320,113Expenses 2017: $340,189Net Income 2017: -$20,0762017Revenue 2018: $378,689Expenses 2018: $381,657Net Income 2018: -$2,9682018Revenue 2019: $396,636Expenses 2019: $432,054Net Income 2019: -$35,4182019Revenue 2020: $373,766Expenses 2020: $474,568Net Income 2020: -$100,8022020Revenue 2020: $373,766Expenses 2020: $474,568Net Income 2020: -$100,8022020Revenue 2021: $493,209Expenses 2021: $560,025Net Income 2021: -$66,8162021Revenue 2022: $314,827Expenses 2022: $518,464Net Income 2022: -$203,6372022Revenue 2023: $596,971Expenses 2023: $223,341Net Income 2023: $373,6302023

Highlighted filing

2020

Revenue$373,766
Expenses$474,568
Net Income-$100,802
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Jun 14, 2021
Return Version
2019v5.0
Gross Receipts
$375,686
Mission and Program Overview

Mission

Wayfinding academy is a nonprofit corporation and shall operate exclusively for educational and charitable purposes within the meaning of section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code. Wayfinding academy's purpose is to provide an alternative model of higher education/post-secondary education. To maximize our impact on current efforts, we seek to collaborate with other non-profit organizations which fall under the 501(c)(3) section of the internal revenue code and are operated exclusively for educational and charitable purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,203$155,593▲ $123,390
Accounts Receivable$26,601$26,656▲ $55
Savings and Temporary Cash Investments$26,194$26,194→ $0
Land, Buildings, and Equipment, Net$8,749$6,331▼ $2,418
Loans From Officers Directors$1,668--
Prepaid Expenses and Deferred Charges-$748-
Inventories for Sale or Use$205$205→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$153,193$286,982▲ $133,789
Other Assets Total$59,241$71,255▲ $12,014
Liabilities
Mortgage Notes Payable Secured by Investment Property$89,559$187,552▲ $97,993
Accounts Payable and Accrued Expenses$13,498$91,446▲ $77,948
Deferred Revenue$40,660$90,897▲ $50,237
Other Liabilities$10,264$10,264→ $0
Unsecured Notes Loans Payable-$10,000-
Total Liabilities$155,649$390,159▲ $234,510
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,456$-103,177▼ $100,721
Total Net Assets Fund Balance$-2,456$-103,177▼ $100,721
Total Liabilities and Net Assets / Fund Balance$153,193$286,982▲ $133,789

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,100$3,400$8,500
Equipment$1,231$4,529$5,760
Other Assets Org$3,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle JonesPresidentFT$29,848$29,848

Board Members and Trustees

NameTitle
Sean KeenerChairman
Annie GalenBoard Member
Jefferson SmithBoard Member
Sue HildickBoard Member
Jason KovacSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$155,114
Program Service Revenue
$204,176
Investment Income
$0
Other Revenue
$14,476
All Other Contributions
$127,541
Change in Net Assets
$-100,802

Audited Revenue Reconciliation

Revenue per Audited Statements
$364,666
Revenue Not Reported on Financial Statements
$9,100
Other Revenue Adjustments
$9,100
Total Revenue per Audited Statements
$364,666
Total Revenue per Form 990
$373,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$259,828
Salaries, Compensation, and Employee Benefits$205,640
Total Fundraising Expense$29,993
Grants and Similar Amounts Paid$9,100
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,591$23,699$13,359$156,649
Occupancy$87,146$14,161$7,625$108,932
Current Officers, Directors, Trustees, and Key Employees$22,787$4,516$2,545$29,848
Travel$16,153$2,000-$18,153
Payroll Taxes$9,304$1,844$1,039$12,187
Office Expenses$6,686$1,525$1,994$10,205
Grants to Domestic Individuals$9,100--$9,100
Other Employee Benefits$5,311$1,052$593$6,956
All Other Expenses$6,935--$6,935
Interest$5,123$833$448$6,404
Advertising$6,025--$6,025
Insurance$4,202$683$368$5,253
Other Expenses$3,200$520$280$4,000
Fees for Services Other-$2,795-$2,795
Depreciation Depletion$1,979--$1,979
Total Functional Expenses$385,384$59,191$29,993$474,568

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$474,568
Expenses per Audited Statements$465,468
Total Expenses per Audited Statements$465,468
Expenses Not Reported on Financial Statements$9,100
Other Expense Adjustments$9,100
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,162
Fundraising Direct Expenses$1,920
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Live Your Dreams Fundraiser$32,735$5,162$1,920$3,242
Total Events$32,735$5,162$1,920$3,242
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Live Your Life on PurposeOwned by DirectoRentNo$47,500

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,668--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$10,264
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
Yes
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is completed by the cbo and circulated/approved by the finance committee.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

When board and staff are onboarded they are given a copy of the wfa handbook which includes the conflict of interest policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board reviews executive compensation annually. Executive compensation is based on comparable positions in the area.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Wayfinding Academy
EIN
47-2943786
Phone
5034829038
Address
8010 N Charleston Ave, Portland, OR 97203

Signing Officer

Name
Michelle Jones
Title
President
Signed
2021-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Jones
Formed
2015
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
5
Employees
11
Volunteers
25

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
James J Huynh CPA
Phone
5032223338
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: guide program: our advising and portfolio development activities for the students. Other program services 5: orientation: a week of getting the cohorts up to speed and bonded. Other program services 6: labs and lifefinding: classes for students and community members with a specific focus. Other program services 7: learn and explore trips are study trips either domestic or abroad. Bringing community members and students together through life changing experiences. Every year we go on the camino de santiago in spain. A long pilgrimage to reflect on your own path in life.

Financial Statement Notes

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

SCHOLARSHIPS $9100

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

SCHOLARSHIPS $9100

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