Wellcore Inc
- Assets
- $126.9k
- Revenue
- $512.1k
- Investments
- $0.0
- Employees
- 33
- Location
- Blauvelt, NY
- Founding
- 01/2008
- Data as of
- 06/2022
- EIN
- 26-0311508
Organization Overview
Wellcore Inc is located in Blauvelt, NY. The organization was established in 2008. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2022, Wellcore Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellcore Inc 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 06/2022, Wellcore Inc generated $512.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $515.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE AWARENESS OF TEENAGE SUBSTANCE ABUSE AND TO DISSEMINATE INFORMATION ANDSUPPORT SERVICES NEEDED TO PREVENT AND DECREASE SUBSTANCE ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELLCORE, INC. (THE ORGANIZATION) ALSO OFFERS EDUCATIONAL SERVICES TO THE LOCALCOMMUNITIES IN THE FORM OF SEMINARS, ALTERNATIVE EVENTS, AND LITERATURES THAT SERVETO ADDRESS A VARIETY OF TOPICS SUCH AS SUBSTANCE ABUSE PREVENTION AND MENTAL HEALTH,TARGETING TEENAGERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Shaw President | Officer | 30 | $60,009 |
Christina Rosen Director | Trustee | 30 | $59,801 |
Lynn Gory Director | Trustee | 2 | $0 |
Kimberly Knight Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $512,037 |
| All other contributions, gifts, grants, and similar amounts not included above | $42 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $512,079 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $512,084 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,810 |
| Compensation of current officers, directors, key employees. | $81,956 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,748 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,305 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $48,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,937 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,400 |
| Travel | $1,416 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,053 |
| Insurance | $4,377 |
| All other expenses | $524 |
| Total functional expenses | $515,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,406 |
| Pledges and grants receivable | $105,232 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,400 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,900 |
| Total assets | $126,938 |
| Accounts payable and accrued expenses | $49,976 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,880 |
| Total liabilities | $52,856 |
| Net assets without donor restrictions | $74,082 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $126,938 |
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|---|---|---|
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Eastern Orthodox Management Corp Worcester, MA | $21,645,086 | $13,227,405 |
Global Kids Inc New York, NY | $4,141,577 | $7,282,340 |
South Ward Alliance Newark, NJ | $2,683,211 | $6,453,422 |
The Brotherhood Sister Sol Inc New York, NY | $20,180,841 | $12,284,943 |
Youth Improving Non-Profits For Children New York, NY | $6,056,525 | $7,304,563 |
Scan Harbor Inc New York, NY | $5,917,279 | $2,994,479 |
Waterbury Youth Services Inc Waterbury, CT | $1,999,942 | $2,776,043 |
Pittsburgh Botanic Garden Oakdale, PA | $22,430,298 | $2,972,831 |