B WELL FOUNDATION INC

EIN: 852167776 501(c)(3) Education

DES MOINES, IA

Total Revenue
$209,236
Total Expenses
$227,710
Total Assets
$14,985
Net Assets
$14,969
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IA
Principal Officer
WILLIAM WEATHERS
Phone
7122104966
Tax Period
2023-07-01 to 2024-06-30

B WELL FOUNDATION INC, founded in 2020, is a small nonprofit in the Education sector that reported $209K in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum.

Mission

DEVELOP AND EXPAND YOUNG MINDS BY BUILDING CHARACTER THROUGH MENTORSHIP AND EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $28,341

CREATIVE COACHES FOSTERS A COLLABORATIVE ENVIRONMENT WHERE YOUNG THINKERS RECEIVE PERSONALIZED GUIDANCE FROM PROFESSIONAL MENTORS, NURTURING THE NEXT GENERATION OF ENTREPRENEURS AND INNOVATORS. BY...

Read more

CREATIVE COACHES FOSTERS A COLLABORATIVE ENVIRONMENT WHERE YOUNG THINKERS RECEIVE PERSONALIZED GUIDANCE FROM PROFESSIONAL MENTORS, NURTURING THE NEXT GENERATION OF ENTREPRENEURS AND INNOVATORS. BY ENGAGING WITH SCHOOLS TO IDENTIFY STUDENTS' INTERESTS, THE PROGRAM ESTABLISHES TAILORED CREATIVE COACHES CLUBS, ENHANCING CRITICAL THINKING, PROBLEM-SOLVING, AND SOCIAL- EMOTIONAL WELL-BEING THROUGH UNIQUE LEARNING OPPORTUNITIES AND GUIDED MENTORSHIP. THESE PROGRAMS ENHANCE YOUTH'S CRITICAL THINKING, PROBLEM-SOLVING SKILLS, AND SOCIAL-EMOTIONAL WELL-BEING THROUGH UNIQUE LEARNING OPPORTUNITIES AND MENTORSHIP. WE AIM TO EMPOWER YOUNG MINDS FROM ALL BACKGROUNDS, FOSTERING A COMMUNITY OF BELONGING AND CREATIVITY THAT TRANSCENDS TRADITIONAL STANDARDS. IN THIS FISCAL YEAR, WE HAD PROGRAMMING IN 15 DES MOINES PUBLIC SCHOOLS, AVERAGING 49 DIFFERENT CLUB SESSIONS PER WEEK WITH UP TO 18 LOCAL ARTISTS, IMPACTING SEVERAL THOUSAND DMPS SCHOOLS.

Program 2
Expenses: $9,238

LONG SHOTS IS AN ANNUAL 3X3 BASKETBALL TOURNAMENT THAT GIVES ACCESS TO DES MOINES YOUTH, ATHLETES, COACHES, AND COMMUNITY MEMBERS TO BE COMPETITIVE WITHOUT A FINANCIAL OBLIGATION. LONGSHOTS IS A...

Read more

LONG SHOTS IS AN ANNUAL 3X3 BASKETBALL TOURNAMENT THAT GIVES ACCESS TO DES MOINES YOUTH, ATHLETES, COACHES, AND COMMUNITY MEMBERS TO BE COMPETITIVE WITHOUT A FINANCIAL OBLIGATION. LONGSHOTS IS A CELEBRATION OF BASKETBALL, ART, MUSIC, AND COMMUNITY, WHERE STUDENTS GAIN VALUABLE LESSONS FROM COMMUNITY LEADERS ON BECOMING ACTIVE CITIZENS DEDICATED TO SUPPORTING AND NURTURING THEIR COMMUNITIES FOR YEARS TO COME. AT THE HEART OF LONGSHOTS LIES A COMMITMENT TO INCLUSIVITY AND COMMUNITY ENGAGEMENT. WITHOUT THE BURDEN OF FINANCIAL OBLIGATION, THIS ANNUAL 3X3 BASKETBALL TOURNAMENT AND COMMUNITY CELEBRATION PROVIDES AN EQUAL PLAYING FIELD FOR ALL - BRINGING TOGETHER STUDENTS OF ALL BACKGROUNDS, ABILITIES, AND PLAYING LEVELS. THIS YEAR, WE WELCOMED 20 HIGH SCHOOL 3X3 TEAMS FROM DES MOINES PUBLIC SCHOOLS, SPECIAL OLYMPICS STUDENTS FROM CAPITOL VIEW ELEMENTARY, BREAKDANCING CLUBS, AND YOUNG DANCERS FROM OUR R.A.W. (REAL AFRO WARRIORS) CREATIVE COACHES CLUBS AT KING ELEMENTARY, MUSIC BY CDISIAC, MURAL ART WITH SIRICASSO, FOOD FROM STEIB'S BAYOU AND JOPPA EXPERIENCE, AND ONE-OF-A KIND BASKETBALLS FROM FRIENDS OF DES MOINES PARKS FEATURING JILL WELLS' BEAUTIFUL MURAL.

Program 3
Expenses: $48,592

ART FOR ALL IS A STUDENT-INSPIRED, STUDENT-INVESTED PROJECT THAT EMPOWERS YOUNG PEOPLE TO TAKE AN ACTIVE ROLE IN SHAPING THEIR ENVIRONMENT. STUDENTS ARE DIRECTLY INVOLVED IN THE DESIGN AND CREATION...

Read more

ART FOR ALL IS A STUDENT-INSPIRED, STUDENT-INVESTED PROJECT THAT EMPOWERS YOUNG PEOPLE TO TAKE AN ACTIVE ROLE IN SHAPING THEIR ENVIRONMENT. STUDENTS ARE DIRECTLY INVOLVED IN THE DESIGN AND CREATION OF EACH SPACE, GIVING THEM OWNERSHIP AND A VOICE IN TRANSFORMING THEIR SCHOOLS. THE VISION FOR THE TACTILE MURAL AND SENSORY WELLNESS SPACE WAS DEVELOPED IN PARTNERSHIP WITH EDUCATORS AND ADMINISTRATORS AT EACH SCHOOL, ALONG WITH JILL WELLS-A RENOWNED LOCAL ARTIST AND CHAMPION FOR ACCESSIBILITY AND DIVERSITY. TOGETHER, THEY RECOGNIZED THE NEED FOR SAFE SPACES WHERE STUDENTS CAN DECOMPRESS, RESET THEIR MENTAL AND EMOTIONAL WELLNESS, AND ENGAGE THEIR CREATIVITY. THANKS TO A 50,000 GRANT FROM POLK COUNTY, WE BROUGHT THESE VISIONS TO LIFE. AT GOODRELL MIDDLE SCHOOL, WE TRANSFORMED THE COUNSELING OFFICE WAITING AREA INTO A VIBRANT WELLNESS SPACE. AT RUBY VAN METER SCHOOL, WE REIMAGINED THE LIBRARY INTO AN ACCESSIBLE, INTERACTIVE MURAL AND SENSORY WELLNESS SPACE DESIGNED FOR ALL LEARNERS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $203,373
Program Service Revenue $5,863
Investment Income $0
Other Revenue $0
TOTAL REVENUE $209,236

Expense Breakdown

Grants Paid $4,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $218,193
Other Expenses $223,210
TOTAL EXPENSES $227,710

Year-over-Year Comparison

2023 2022 Change
Revenue $209,236 $123,652 +0.7%
Expenses $227,710 $139,815 +0.6%
Net Income $-18,474 $-16,163 +0.1%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
$2,000
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM WEATHERS PRESIDENT 10.00
Officer
$2,000 $0 $2,000
ABENA SANKOFA IMHOTEP DIRECTOR 2.00
Director
$0 $0 $0
ALEX JIMENEZ DIRECTOR 2.00
Director
$0 $0 $0
TIMOTHY JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
AHMED MUSA DIRECTOR 2.00
Director
$0 $0 $0
YANA MUHAMMAD SECRETARY 2.00
Officer
$0 $0 $0
KADY REESE TREASURER 2.00
Officer
$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 $209,236 $227,710 $14,985 $-18,474
Explore More Nonprofits
Top 100 Nonprofits in Iowa Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare B WELL FOUNDATION INC with other nonprofits in Iowa and across the country.