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The Wayfinder Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821573252 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is The Wayfinder Foundation?

The Wayfinder Foundation, located in Washington, D.C., is a dedicated nonprofit organization with a mission to support community activists tackling poverty-related issues. By providing both financial and technical assistance, this foundation seeks to aid those working in historically marginalized communities. With a modest team of seven employees, The Wayfinder Foundation plays a crucial role in empowering these activists, contributing to their efforts to combat poverty and promote social change.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.

The Wayfinder Foundation has achieved a solid Three-Star rating with an overall score of 87%, reflecting strong accountability and finance practices. The foundation excels in various governance aspects, including having a fully independent board and a low liability-to-assets ratio, indicating sound financial health. Moreover, it demonstrates transparency through documented board meeting minutes and established conflict of interest policies.

With a program expense ratio of 84.58%, the organization effectively directs a significant portion of its funds towards its programs, suggesting a commitment to its mission and beneficiaries. This high ratio indicates that the majority of expenditures are focused on programmatic activities rather than administrative costs, which is a positive sign for potential donors.

While the foundation has shown robust practices in its financial management and governance, the data does not provide insights into its programmatic impact or long-term effectiveness. As with any nonprofit, prospective supporters may wish to explore the specific outcomes of its initiatives to ensure alignment with their charitable goals.


This AI summary has been generated from information found on Charity Navigator.

Is The Wayfinder Foundation legitimate?

The Wayfinder Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wayfinder Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $208,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $404,753

For more financial information, click here

What is the mission statement of The Wayfinder Foundation?

The Wayfinder Foundation is dedicated to supporting community activists who are advocating for anti-poverty issues. This mission is carried out by providing both financial and technical assistance to these activists, who primarily focus on issues affecting historically marginalized communities. The foundation's goal is to empower these activists in their efforts to bring about positive change in their communities. The Wayfinder Foundation's commitment to this cause is evident through its subgrant programs, which enable these activists to carry out their work effectively.

Who is the CEO of The Wayfinder Foundation?

Nekima Levy Armstrong Es is the Principal Officer of The Wayfinder Foundation.

What is the revenue of The Wayfinder Foundation?

The Wayfinder Foundation's revenue in 2022 was $2,753,759.

Who are the executives of The Wayfinder Foundation and what are their salaries?

The average compensation at The Wayfinder Foundation during 2022 was $87,554. There are 7 employees and 5 volunteers at The Wayfinder Foundation.


Here are 6 key members and their salaries:


Dakarai Aarons (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharif El-Mekki (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandale Randolph (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmita Semaan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Taylor (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nekima Levy Armstrong Pounds Esq (Executive Director)
  • Compensation: $175,000
  • Related: $0
  • Other: $33,126
Where can I find the form 990 for The Wayfinder Foundation?

The Wayfinder Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Wayfinder Foundation

The Wayfinder Foundation, as a commitment, provides financial and technical support to community activists who dedicate their efforts to combating poverty issues within historically marginalized communities. This nonprofit organization's mission is to empower and uplift these advocates, offering them the resources they need to make a lasting impact in their communities. By making subgrants, The Wayfinder Foundation plays a critical role in amplifying the voices and initiatives of those who are fighting against poverty, ultimately striving to create a more equitable and just society.

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Impact




July, 2024

The Wayfinder Foundation's impact can be seen in the support it provides to community activists working on anti-poverty issues. By offering financial and technical assistance, the foundation enables these activists to address issues that affect historically marginalized communities. This support helps amplify the voices of these activists and fosters positive change in the fight against poverty and for civil rights.




This information is meant to be a general summary of The Wayfinder Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,753,759 (2022)
Expenses
$1,449,284 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $556
  • Gross Receipts: $2,753,759

Assets and Liabilities:

  • Total Assets: $2,005,786
  • Total Liabilities: $12,043
  • Net Assets: $1,993,743

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Organization Details

Founding Year

2017

Principal Officer

Nekima Levy Armstrong Es

Main Address

PO BOX 96503, WASHINGTON, DC, 200906503

NTEE Category

Code: R99 - Civil rights

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