WellBeing & Equity Innovations Inc

EIN: 874062894 501(c)(3) Crime & Legal

Tallahassee, FL

Total Revenue
$1,367,651
Total Expenses
$797,869
Total Assets
$569,782
Net Assets
$569,782
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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
2021
Legal Domicile
FL
Principal Officer
CARRIE PETTUS
Phone
8503208359
Tax Period
2023-01-01 to 2023-12-31

WellBeing & Equity Innovations Inc, founded in 2021, is a community nonprofit in the Crime & Legal sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 38976% from the prior year, signaling strong growth momentum. The organization ran a surplus of $570K, a strong 42% operating margin.

Program Service Accomplishments

Program 1
Expenses: $662,322

The Organization focused on the behavioral health and stability of individuals and families, particularly those impacted by the criminal justice, legal, and justice systems through mental...

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The Organization focused on the behavioral health and stability of individuals and families, particularly those impacted by the criminal justice, legal, and justice systems through mental health,trauma recovery, and social support offerings. The Organization's programs aim to build resilient communities where families are supported, behavioral health needs are met, and individuals affected by the justice system can thrive.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,367,593
Program Service Revenue $0
Investment Income $58
Other Revenue $0
TOTAL REVENUE $1,367,651

Expense Breakdown

Grants Paid $0
Salaries & Benefits $569,815
Fundraising Expenses $55,593
Program Expenses $662,322
Other Expenses $228,054
TOTAL EXPENSES $797,869

Year-over-Year Comparison

2023 2022 Change
Revenue $1,367,651 $3,500 +389.8%
Expenses $797,869 $3,500 +227.0%
Net Income $569,782 N/A N/A
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
1
Employees
11
Volunteers
N/A

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
$153,162
Total Directors
3
$153,162
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE PETUS PresidentCEO 40.00
Officer Director
$121,635 $0 $121,635
KERENSA LOCKWOOD DirectorTreasurer 2.000
Officer Director
$0 $0 $0
SKYE HENNING DirectorSecretary 40.00
Officer Director
$31,527 $0 $31,527
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 No data No data No data No data
2023 $1,367,651 $797,869 $569,782 $569,782
2023 $1,367,651 $797,869 $569,782 $569,782
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