BETA

WELLS MOUNTAIN INITIATIVE INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WELLS MOUNTAIN INITIATIVE INC (EIN 20-3823604)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202203199349319610
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-15T14:48:54-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN202002973PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KRS CPAS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 ROUTE 4 EAST SUITE 370AddressLine1Txt
CityPARAMUSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07652ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203823604EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WELLS MOUNTAIN INITIATIVE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWELLBusinessNameControlTxt
Phone8024534065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125D MAIN STREETAddressLine1Txt
CityBRISTOLCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05443ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS M WELLSPersonNm
Person TitleDIRECTOR/CHAIRMANPersonTitleTxt
Phone8024534065PhoneNum
Signature2022-11-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTHOMASPersonFirstNm
Person LastWELLSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGERALD A SHANKERPreparerPersonNm
PTINP00009777PTIN
Phone2016557411PhoneNum
Preparation2022-11-02PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTHOMAS M WELLSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line119 MAIN STREETAddressLine1Txt
CityBRISTOLCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05443ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,082,586GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WELLSMOUNTAININITIATIVE.ORGWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscFOUNDATIONOtherOrganizationDsc
Formation2005FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionTO CREATE SOCIAL CHANGE THROUGH EDUCATION AND COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS AND SKILLS TRAINING, BUILDING A NETWORK OF GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI-$51,505TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,512,326PYContributionsGrantsAmt
CY Contributions Grants$571,063CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$88,518PYInvestmentIncomeAmt
CY Investment Income-$51,505CYInvestmentIncomeAmt
PY Other Revenue$15,894PYOtherRevenueAmt
CY Other Revenue$21,529CYOtherRevenueAmt
PY Total Revenue$2,616,738PYTotalRevenueAmt
CY Total Revenue$541,087CYTotalRevenueAmt
PY Grants And Similar Paid$468,367PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$453,963CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$283,603PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$247,416CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$94,653PYOtherExpensesAmt
CY Other Expenses$148,088CYOtherExpensesAmt
PY Total Expenses$846,623PYTotalExpensesAmt
CY Total Expenses$849,467CYTotalExpensesAmt
PY Revenues Less Expenses$1,770,115PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$308,380CYRevenuesLessExpensesAmt
Total Assets BOY$3,412,384TotalAssetsBOYAmt
Total Assets EOY$3,066,989TotalAssetsEOYAmt
Total Liabilities BOY$38,425TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,410TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,373,959NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,065,579NetAssetsOrFundBalancesEOYAmt
MissionTO CREATE SOCIAL CHANGE THROUGH EDUCATION AND COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS AND SKILLS TRAINING, BUILDING A NETWORK OF GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$633,427ExpenseAmt
Grant$453,963GrantAmt
Revenue$533,761RevenueAmt
DescPROVIDED PROGRAMMING AND FUNDING FOR YOUNG PEOPLE AND INITIATIVES IN THE DEVELOPING WORLD TO SUPPORT POST-SECONDARY EDUCATION, LEADERSHIP DEVELOPMENT AND COMMUNITY DEVELOPMENT.Desc
Total Program Service Expenses$633,427TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldVTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8024534065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125D MAIN STREETAddressLine1Txt
CityBRISTOLCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05443ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ROBERT DILL
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER LUTZ
DIRECTOR1.00Yes (X)$0$0$0
KENNETH FORESTER
DIRECTOR1.00Yes (X)$0$0$0
GWENAEL APOLLON
DIRECTOR1.00Yes (X)$0$0$0
DIDIER BLESIN
DIRECTOR1.00Yes (X)$0$0$0
GAIL NYSTROM
DIRECTOR1.00Yes (X)$0$0$0
RICK CLAYDON
DIRECTOR1.00Yes (X)$0$0$0
JAG DALAL
DIRECTOR1.00Yes (X)$0$0$0
THOMAS M WELLS
DIRECTOR/CHAIRMAN4.00$0$0$0Yes (X)
JORDYN WELLS
DIRECTOR/EXECUTIVE DIRECTOR40.00$96,163$0$8,496Yes (X)
RICK KUSHEL
DIRECTOR/TREASURER1.00$0$0$0Yes (X)
MARY CLARK ROMNEY
DIRECTOR/SECRETARY1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$96,163TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$8,496TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$37,302GovernmentGrantsAmt
All Other Contributions$533,761AllOtherContributionsAmt
Total Contributions$571,063TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$52,021TotalRevenueColumnAmt
Unrelated Business Revenue$52,021UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,437,973SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,541,499SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$103,526SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$103,526TotalRevenueColumnAmt
Unrelated Business Revenue-$103,526UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$21,529FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,529TotalRevenueColumnAmt
Exclusion$21,529ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$541,087TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$51,505UnrelatedBusinessRevenueAmt
Exclusion$21,529ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$100TotalAmt
Program Services$100ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$453,863TotalAmt
Program Services$453,863ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$216,959TotalAmt
Program Services$131,782ProgramServicesAmt
Management And General$85,177ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$13,850TotalAmt
Program Services$7,681ProgramServicesAmt
Management And General$6,169ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$16,607TotalAmt
Program Services$10,082ProgramServicesAmt
Management And General$6,525ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,252TotalAmt
Program Services$5,252ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$31,007TotalAmt
Management And General$31,007ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,410TotalAmt
Management And General$1,410ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,037TotalAmt
Program Services$1,658ProgramServicesAmt
Management And General$379ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$31,963TotalAmt
Program Services$12,185ProgramServicesAmt
Management And General$19,778ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,650TotalAmt
Program Services$1,650ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
OUTSIDE SERVICES$52,851$800$52,051
BANK & CREDIT CARD FEES$10,472$8,374$2,098
OTHER EXPENSE$4,508$4,508
PRINTING AND REPRODUCTI$3,881$3,881

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,057TotalAmt
Management And General$3,057ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$849,467TotalAmt
Program Services$633,427ProgramServicesAmt
Management And General$216,040ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,991,688BOYAmt
EOY$457,430EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,419,542BOYAmt
EOY$2,609,559EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,154BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,412,384BOYAmt
EOY$3,066,989EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,123BOYAmt
EOY$1,410EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$37,302BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$38,425BOYAmt
EOY$1,410EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$3,373,959BOYAmt
EOY$3,065,579EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,373,959BOYAmt
EOY$3,065,579EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,412,384BOYAmt
EOY$3,066,989EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$308,380ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,411,483CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$543,909CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$606,059CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,512,326CurrentTaxYearMinus1YearAmt
Current Tax Year$536,112CurrentTaxYearAmt
Total$5,609,889TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,411,483CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$543,909CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$606,059CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,512,326CurrentTaxYearMinus1YearAmt
Current Tax Year$536,112CurrentTaxYearAmt
Total$5,609,889TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$5,609,889PublicSupportTotal170Amt
Total Support$5,609,889TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,290,691BeginningYearBalanceAmt
Contributions$3,132ContributionsAmt
Investment Earnings Or Losses$1,424,480InvestmentEarningsOrLossesAmt
Administrative Expenses$31,872AdministrativeExpensesAmt
End Year Balance$2,686,431EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,355,032BeginningYearBalanceAmt
Contributions$25,190ContributionsAmt
Investment Earnings Or Losses-$52,096InvestmentEarningsOrLossesAmt
Administrative Expenses$37,435AdministrativeExpensesAmt
End Year Balance$1,290,691EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,163,668BeginningYearBalanceAmt
Investment Earnings Or Losses$256,364InvestmentEarningsOrLossesAmt
Administrative Expenses$65,000AdministrativeExpensesAmt
End Year Balance$1,355,032EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,361,386BeginningYearBalanceAmt
Investment Earnings Or Losses-$122,556InvestmentEarningsOrLossesAmt
Administrative Expenses$75,162AdministrativeExpensesAmt
End Year Balance$1,163,668EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$372,585BeginningYearBalanceAmt
Contributions$988,801ContributionsAmt
End Year Balance$1,361,386EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescMORGAN STANLEYDesc
Book Value$2,609,559BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$2,609,559TotalBookValueSecuritiesAmt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,SCHOLARSHIPS & GRANTS TO RECIPIENTS LOCATED IN REGION$4,080
MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,,SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION$2,250
SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION$750
SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,1.SCHOLARSHIPS & GRANTS TO RECIPIENTS LOCATED IN REGION 2. PROGRAMMING$290,184WE HAVE AN OFFICE IN NAIROBI, KENYA AND A COORDINATOR THAT PROVIDES BOTH REGIONAL AND GLOBAL PROGRAM SUPPORT.
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION$1,000
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION$1,130
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATESSCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION$24,734
EUROPESCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION$2,100
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$326,228SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$326,228TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,WMI SERVES AS A US FISCAL SPONSOR FOR YMCA D'HAITI & COMMUNITY PROGRAMMING. YMCA D'HATI IS COMMITTED TO EMPOWERING YOUTH AND STRENGTHENING COMMUNITIES. FOR MORE THAN 15 YEARS, THE YMCA D'HATI HAS BEEN HARD AT WORK ESTABLISHING COMMUNITY CENTERS AND IS CURRENTLY IMPLEMENTING PROGRAMS IN TEN COMMUNITIES.$110,000WIRE TRANSFER$0
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,WMI SERVES AS THE US FISCAL SPONSOR FOR THE COSTA RICAN HUMANITARIAN FOUNDATION (CRHF). CRHF IS A NON-PROFIT ORGANIZATION COMMITTED TO DEVELOPING CREATIVE AND ECONOMICAL SOLUTIONS TO A WIDE RANGE OF SOCIAL PROBLEMS IN COSTA RICA. THE CRHF PROVIDES OPPORTUNITIES TO EXCHANGE FRIENDSHIP, GOODS, SERVICES, AND FINANCIAL RESOURCES FOR CRITICAL NEEDS AMONG DIFFERENT CULTURES, SOCIO-ECONOMIC CLASSES, AND LANGUAGE GROUPS.$33,451WIRE TRANSFER$0

Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntManner Of Cash DisbursementMannerOfCashDisbursementTxt
SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGIONSCHOLARSHIPS TO RECIPIENTS LOCATED IN REGIONSUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO,457WIRE TRANSFER
SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGIONSOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,11WIRE TRANSFER
SCHOLARSHIP TO RECIPIENT LOCATED IN REGIONCENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,2WIRE TRANSFER
SCHOLARSHIP TO RECIPIENT LOCATED IN REGIONMIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,3WIRE TRANSFER
SCHOLARSHIP TO RECIPIENT LOCATED IN REGIONSOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,1WIRE TRANSFER
SCHOLARSHIP TO RECIPIENT LOCATED IN REGIONEAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,3WIRE TRANSFER
SCHOLARSHIP TO RECIPIENT LOCATED IN REGIONNORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES49WIRE TRANSFER
SCHOLARSHIP TO RECIPIENT LOCATED IN REGIONEUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU2WIRE TRANSFER
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:WMI SCHOLARS ARE SELECTED THROUGH THE SUBMISSION OF AN ONLINE APPLICATION AND UNDER GO A 5-STAGE REVIEW PROCESS. WMI ACCEPTS APPLICATION ONCE A YEAR AND SELECTS ONLY 3-5% OF OVER 1100 APPLICANTS. WMI STUDENT SCHOLARS (SCHOLARS CURRENTLY ENROLLED IN POST-SECONDARY SCHOOL) ARE REQUIRED TO SUBMIT TWO REPORTS A YEAR WITH GRADES, A FINANCIAL REPORT AND COMMUNITY SERVICE REPORT (WE REQUIRE 100 HOURS OF COMMUNITY SERVICE FOR ALL STUDENT SCHOLARS). WMI COMMUNITY DEVELOPMENT GRANTS ARE OPEN ONLY TO GRADUATE SCHOLARS (SCHOLARS WHO HAVE COMPLETED THEIR POST-SECONDARY EDUCATION) AND RANGE FROM 500-1000 USD. GRANTEES ARE ACCEPTED THROUGH A 3 STAGE APPLICATION PROCESS ARE AND REQUIRED TO PARTICIPATE IN 1:1 PROJECT DEVELOPMENT SESSIONS WITH PROGRAM STAFF AND PROVIDE 3 & 6 MONTH AND 1 YEAR FINANCIAL AND IMPACT UPDATES.
PART III ACCOUNTING METHOD:

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1AUCTIONEvent1Nm
Gross Receipts Event1$21,529GrossReceiptsEvent1Amt
Gross Revenue Event1$21,529GrossRevenueEvent1Amt
Gross Receipts Total$21,529GrossReceiptsTotalAmt
Gross Revenue Total Events$21,529GrossRevenueTotalEventsAmt
Net Income Summary$21,529NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2THOMAS WELLS, WHO IS THE BOARD CHAIR SITS ON THE BOARD WITH HIS DAUGHTER JORDYN WELLS.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS SENT TO CLIENT FOR REVIEW WHERE THEY DISTRIBUTE IT TO GOVERNING BOARD - REVIEW FROM AND ASK ACCOUNTANT QUESTIONS.
FORM 990, PART VI, SECTION C, LINE 19FORM 990 PART VI, SECTION C, LINE 19: THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, FINANCIAL INFORMATION AND TAX FILINGS AVAIABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETCTHOMAS M. WELLS - 25D MAIN STREET, BRISTOL, VT 05443. JORDYN WELLS - 416 STATE STREET, HUDSON, NY 12534. RICK KUSHEL - 24 LEIGH COURT, RANDOLPH, NJ 07869. MARY CLARK ROMNEY - 233 GLEN ROAD, WOODCLIFF LAKE, NJ 07677. ROBERT DILL - 101 WASHINGTON AVENUE, SPRING LAKE, NJ 07762. CHRISTOPHER LUTZ - 173 WOODLAND ROAD, MADISON, NJ 07940. KENNETH FORESTER - 300 PROSPECT AVE, APT. PHJ, HACKENSACK, NJ 07608. GWENAEL APOLLON - 6 RUE CARLSTROEM, PORT-AU-PRINCE, HAITI, HAITI. DIDIER BLESIN - AVENUE EDMOND PARMENTIER, 97, BRUSSELS, BELGIUM, BELGIUM 1150. GAIL NYSTROM - SANTA ANA CENTROAPARTADO 458, SANTA ANA, COSTA RICA, COSTA RICA. RICK CLAYDON - 111 NORTH PLEASANT AVENUE, RIDGEWOOD, NJ 07450. JAG DALAL - 9 LOFGREN RD., AVON, CT 06001.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.