Civic Intelligence

The Wayfinder Foundation

990 • Fiscal year 2020 • EIN 82-1573252

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 03, 2021

PO Box 96503Washington, DC 20090-6503

(727) 623-0934

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

33rd percentile

-5.0%

Higher net margin than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

99th percentile

$156,856

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 39.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

21st percentile

-17%

Faster asset growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-50%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$100,569

Down $20,906 (-17%) from 2019

Net Assets

Down

$100,444

Down $20,272 (-17%) from 2019

Liabilities

Down

$125

Down $634 (-84%) from 2019

Revenue

Down

$402,243

Down $406,211 (-50%) from 2019

Expenses

Down

$422,515

Down $683,602 (-62%) from 2019

Net Income

Up

-$20,272

Up $277,391 (+93%) 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 2018: $438,083Liabilities 2018: $19,704Net Assets 2018: $418,3792018Assets 2019: $121,475Liabilities 2019: $759Net Assets 2019: $120,7162019Assets 2020: $100,569Liabilities 2020: $125Net Assets 2020: $100,4442020Assets 2021: $689,268Liabilities 2021: $0Net Assets 2021: $689,2682021Assets 2022: $2,005,786Liabilities 2022: $12,043Net Assets 2022: $1,993,7432022Assets 2023: $814,212Liabilities 2023: $27,331Net Assets 2023: $786,8812023Assets 2024: $6,201Liabilities 2024: $0Net Assets 2024: $6,2012024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2020

Assets$100,569
Liabilities$125
Net Assets$100,444

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2018: $1,354,850Expenses 2018: $936,471Net Income 2018: $418,3792018Revenue 2019: $808,454Expenses 2019: $1,106,117Net Income 2019: -$297,6632019Revenue 2020: $402,243Expenses 2020: $422,515Net Income 2020: -$20,2722020Revenue 2021: $940,271Expenses 2021: $351,447Net Income 2021: $588,8242021Revenue 2022: $2,753,759Expenses 2022: $1,449,284Net Income 2022: $1,304,4752022Revenue 2023: $318,807Expenses 2023: $1,525,669Net Income 2023: -$1,206,8622023Revenue 2024: $22,853Expenses 2024: $803,533Net Income 2024: -$780,6802024Revenue 2025: $1,813Expenses 2025: $8,014Net Income 2025: -$6,2012025

Highlighted filing

2020

Revenue$402,243
Expenses$422,515
Net Income-$20,272
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 3, 2021
Return Version
2020v4.1
Gross Receipts
$402,243
Mission and Program Overview

Mission

Provides financial and technical support to community activists working on issues that affect historically marginalized communities.

The wayfinder foundation is committed to making subgrants to community activists who work on anti-poverty and racial justice issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$117,122$69,194▼ $47,928
Pledges and Grants Receivable-$27,288-
Prepaid Expenses and Deferred Charges$4,353$4,087▼ $266
Total Assets$121,475$100,569▼ $20,906
Liabilities
Accounts Payable and Accrued Expenses$759$125▼ $634
Total Liabilities$759$125▼ $634
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,931$100,444▲ $75,513
Net Assets With Donor Restrictions$95,785$0▼ $95,785
Total Net Assets Fund Balance$120,716$100,444▼ $20,272
Total Liabilities and Net Assets / Fund Balance$121,475$100,569▼ $20,906
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nekima Levy Armstrong EsqExecutive DirectorFT$130,000$26,856$156,856

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$402,243
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$402,243
Change in Net Assets
$-20,272

Audited Revenue Reconciliation

Revenue per Audited Statements
$402,243
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$402,243
Total Revenue per Form 990
$402,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,358
Salaries, Compensation, and Employee Benefits$166,592
Total Fundraising Expense$41,240
Grants and Similar Amounts Paid$26,565
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$83,810$36,523$36,523$156,856
Fees for Services Other$87,900--$87,900
Fees for Services Accounting-$34,350-$34,350
Grants to Domestic Individuals$25,565--$25,565
Insurance$2,252$6,501$1,126$9,879
Payroll Taxes$5,202$2,267$2,267$9,736
All Other Expenses$804$1,125$351$2,280
Other Expenses$1,029$515$515$2,059
Information Technology$917$458$458$1,833
Grants to Domestic Orgs$1,000--$1,000
Total Functional Expenses$299,536$81,739$41,240$422,515

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$422,515
Total Expenses per Audited Statements$422,515
Total Expenses per Form 990$422,515
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
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 the board will review the form 990, in conjunction with the audit, and will approve prior to filing.

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

Board members and officers annually disclose conflicts of interest in writing in accordance with the organization's conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The board reviewed data of organizations of similar size, similar annual budget, and in similar geographic locations.

Form 990, Part VI, Section C, Line 19

Organization provides the governing documents upon request

Filing and Contact Details

Filer

Filer Name
The Wayfinder Foundation
EIN
82-1573252
Phone
7276230934
Address
PO BOX 96503, WASHINGTON, DC 20090-6503

Signing Officer

Name
Nekima Levy Armstrong Esq
Title
Executive Director
Phone
7276230934
Signed
2021-06-03

Organization Details

Principal Officer
Nekima Levy Armstrong Es
Formed
2017
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
0

Preparer

Firm
Atchley & Associates Llp
Address
1005 LA POSADA DRIVE, AUSTIN, TX 78752
Preparer
Renae Duncan
Phone
5123462086
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contractors: program service expenses 87,900. Management and general expenses 0. Fundraising expenses 0. Total expenses 87,900.

FORM 990, PART XII, LINE 2C:

The board assumes responsibility for the oversight of the audit.

Financial Statement Notes

PART X, LINE 2:

The organization accounts for their uncertain tax positions in accordance with financial accounting standards board (fasb) accounting standards codification (asc) 740, accounting for uncertainty in income taxes. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the positions will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicavle taxing authority. As of december 31, 2020, the organization has not recognized liabilities for uncertain tax positions or associated interest and penalties. The organization's federal exempt organization returns for the years ended december 31, 2018 and after, are subject to examination by the internal revenue service.

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

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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0422515
IRS990ScheduleD/TotalRevenuePerForm990Amt0402243
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0402243
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0422515
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt025565
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MONETARY ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE PAID OUT ON A REIMBURSEMENT BASIS, ALLOWING THE GRANTEE TO DRAW DOWN THEIR AWARDS AFTER EXPENDITURES ARE REVIEWED AND APPROVED. GRANTS ARE TARGETED AT A PARTICULAR GEOGRAPHY AND ARE ANNOUNCED ON A QUARTERLY BASIS, THEY ARE AVAILABLE TO INDIVIDUALS WHO ARE WORKING ON ISSUES RELEVANT TO THE FOUNDATION'S STRATEGIC FOCUS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0130000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026856
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NEKIMA LEVY ARMSTRONG ESQ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0156856
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR AND THE BOARD WILL REVIEW THE FORM 990, IN CONJUNCTION WITH THE AUDIT, AND WILL APPROVE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND OFFICERS ANNUALLY DISCLOSE CONFLICTS OF INTEREST IN WRITING IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWED DATA OF ORGANIZATIONS OF SIMILAR SIZE, SIMILAR ANNUAL BUDGET, AND IN SIMILAR GEOGRAPHIC LOCATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION PROVIDES THE GOVERNING DOCUMENTS UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTORS: PROGRAM SERVICE EXPENSES 87,900. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0121475
IRS990/TotalAssetsEOYAmt0100569
IRS990/TotalAssetsGrp/BOYAmt0121475
IRS990/TotalAssetsGrp/EOYAmt0100569
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0402243
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt041240
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081739
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0299536
IRS990/TotalFunctionalExpensesGrp/TotalAmt0422515
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0759
IRS990/TotalLiabilitiesEOYAmt0125
IRS990/TotalLiabilitiesGrp/BOYAmt0759
IRS990/TotalLiabilitiesGrp/EOYAmt0125
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0120716
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0100444
IRS990/TotalOtherCompensationAmt026856
IRS990/TotalProgramServiceExpensesAmt0299536
IRS990/TotalReportableCompFromOrgAmt0130000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0402243
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0121475
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0100569
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 96503
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd0200906503
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NEKIMA LEVY ARMSTRONG ESQ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07276230934
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WAYFINDER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WAYF
ReturnHeader/Filer/EIN0821573252
ReturnHeader/Filer/PhoneNum07276230934
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 96503
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd0200906503
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742920819
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ATCHLEY & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01005 LA POSADA DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078752
ReturnHeader/PreparerPersonGrp/PhoneNum05123462086
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RENAE DUNCAN
ReturnHeader/ReturnTs02021-06-03T17:01:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NEKIMA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEVY ARMSTRONG ESQ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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