WAYFINDER SCHOOLS

EIN: 010217639 501(c)(3) Human Services

CAMDEN, ME

Total Revenue
$672,494
Total Expenses
$823,021
Total Assets
$7,800,451
Net Assets
$7,761,033
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
ME
Principal Officer
ERICA GATES
Phone
2072363000
Tax Period
2022-07-01 to 2023-06-30

WAYFINDER SCHOOLS, founded in 1910, is a small nonprofit in the Human Services sector that reported $672K in total revenue in fiscal year 2022. Expenses of $823K exceeded revenue, resulting in a 22% operating deficit.

Mission

WAYFINDER SCHOOL 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.

Program Service Accomplishments

Program 1
Expenses: $458,424 Revenue: $140,914

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...

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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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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $393,584
Program Service Revenue $140,881
Investment Income $116,002
Other Revenue $22,027
TOTAL REVENUE $672,494

Expense Breakdown

Grants Paid $0
Salaries & Benefits $617,686
Fundraising Expenses $153,555
Program Expenses $458,424
Other Expenses $205,335
TOTAL EXPENSES $823,021

Year-over-Year Comparison

2022 2021 Change
Revenue $672,494 $630,794 +0.1%
Expenses $823,021 $777,666 +0.1%
Net Income $-150,527 $-146,872 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
11
Volunteers
53

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$90,897
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Vickrey Treasurer 2.00
Officer Director
$0 $0 $0
Barbara Sullivan Director 1.00
Director
$0 $0 $0
Larissa Malone Director 1.00
Director
$0 $0 $0
Skye Green Hall Director 1.00
Director
$0 $0 $0
Jerry McQueeney Chair 2.00
Officer Director
$0 $0 $0
Andrea Itkin Director 1.00
Director
$0 $0 $0
Lateef O'Connor Director 1.00
Director
$0 $0 $0
Wendelanne Augunas Secretary 2.00
Officer Director
$0 $0 $0
Charrisse Kaplan Vice Chair 2.00
Officer Director
$0 $0 $0
Steve Yuen Director 1.00
Director
$0 $0 $0
Martha Kempe Head of Schools 40.00
Officer
$90,897 $0 $90,897
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $672,494 $823,021 $7,800,451 $-150,527
2022 $630,794 $777,666 $7,315,543 $-146,872
2021 $790,106 $742,360 $8,497,062 $47,746
2020 $676,797 $713,494 $7,275,886 $-36,697
2019 $1,766,445 $824,849 $7,213,803 $941,596
2018 $1,005,144 $1,989,050 $6,289,034 $-983,906
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