THE WELL INC (EIN 832654722) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

KARA LEE

Phone

6194396795

Tax Period

2024-01-01 to 2024-12-31

THE WELL INC, founded in 2018, is a small nonprofit in the Religion sector that reported $201K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $183K left a modest 9% surplus.

Mission

THIS CORPORATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. IT IS ORGANIZED UNDER THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO PROVIDE CO-WORKING SPACE FOR WOMEN AND ENRICHMENT PROGRAMS FOR THEIR CHILDREN AND WOMEN SUPPORT WORKSHOPS, SPECIAL EVENTS, AND EVENT SPACE RENTAL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $200,296

Program Service Revenue $965

Investment Income $0

Other Revenue $0

TOTAL REVENUE $201,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,558

Fundraising Expenses $0

Program Expenses $135,038

Other Expenses $80,235

TOTAL EXPENSES $182,793

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,261	$273,884	-0.3%
Expenses	$182,793	$259,264	-0.3%
Net Income	$18,468	$14,620	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$3,750

Total Directors

$3,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARA LEE	CEO & EXEC D	40.00	Officer Director	$3,750	$0	$3,750
TIM LAWRENCE	CHAIR & DIRE	3.00	Director	$0	$0	$0
JILL PRIMM	CFO	3.00	Officer Director	$0	$0	$0
SHARYNA SCOTT	DIRECTOR	3.00	Officer Director	$0	$0	$0

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
2024	$201,261	$182,793	$90,182	$18,468
2023	$273,884	$259,264	$71,714	$14,620

THE WELL INC