Wells Of Hope is located in Tomball, TX. The organization was established in 2007. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wells Of Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Wells Of Hope generated $140.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $102.9k during the year ending 12/2022. While expenses have increased by 11.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WATER WELLS AND RELATED EXPENSES IN MEXICO $26,310 WATER WELLS AND RELATED EXPENSES IN TANZANIA $50,230.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Mulville President And Board Chair | 20 | $0 | |
Tom Basil Vice President | 20 | $0 | |
Emison Lewis Treasurer | 4 | $0 | |
Danny Roy Secretary | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $140,259 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $140,259 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $26,305 |
Total expenses | $102,877 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $116,857 |
Other assets | $0 |
Total assets | $117,480 |
Total liabilities | $0 |
Net assets or fund balances | $117,480 |
Over the last fiscal year, we have identified 1 grants that Wells Of Hope has recieved totaling $135.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $135 |
Organization Name | Assets | Revenue |
---|---|---|
Mercy Ships Lindale, TX | $171,351,006 | $110,683,026 |
Mercury One Inc Irving, TX | $26,900,316 | $58,076,637 |
Caris Foundation International Irving, TX | $3,266,033 | $33,910,538 |
Ahed International Inc Irving, TX | $2,773,148 | $33,249,497 |
Christian Relief Fund Amarillo, TX | $12,393,094 | $11,849,734 |
Focus Humanitarian Assistance U S A Sugar Land, TX | $10,443,894 | $8,688,144 |
A Glimmer Of Hope Foundation Austin, TX | $0 | $5,415,626 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |
Building Everyones Success Together In West Africa Grand Prairie, TX | $91,189 | $6,476,422 |
Dasra Houston, TX | $12,585,856 | $13,108,623 |
Mountain On Mastersroad Inc Manvel, TX | $56,044 | $5,994,766 |
4africa Fort Worth, TX | $780,808 | $4,207,403 |