The Well - Food and Clothing Source

EIN: 862231494 501(c)(3) Food, Agriculture & Nutrition

Marion, IA

Total Revenue
$681,115
Total Expenses
$662,969
Total Assets
$76,147
Net Assets
$76,147
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IA
Principal Officer
Cathy Harvey
Phone
3199298133
Tax Period
2025-01-01 to 2025-12-31

The Well - Food and Clothing Source, founded in 2020, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $681K in total revenue in fiscal year 2025.

Mission

Distribution center for food and clothing to community members in need.

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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 (2025)

Revenue Breakdown

Contributions & Grants $681,037
Program Service Revenue $0
Investment Income $78
Other Revenue $0
TOTAL REVENUE $681,115

Expense Breakdown

Grants Paid $656,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $660,592
Other Expenses $6,969
TOTAL EXPENSES $662,969

Year-over-Year Comparison

2025 2024 Change
Revenue $681,115 $654,813 +0.0%
Expenses $662,969 $638,842 +0.0%
Net Income $18,146 $15,971 +0.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
20

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cathy Harvey President 5.00
Officer
$0 $0 $0
Ed McNamara Vice President 22.00
Officer
$0 $0 $0
Cindy Neis Treasurer and Secretary 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
2025 $681,115 $662,969 $76,147 $18,146
2024 $654,813 $638,842 $58,001 $15,971
2023 $489,381 $495,440 $42,030 $-6,059
2022 $553,125 $561,524 $48,089 $-8,399
2021 $851,791 $829,654 $56,488 $22,137
2020 $501,879 $467,528 $34,351 $34,351
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