The Wellhouse
- Assets
- $9.7m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 71
- Location
- Odenville, AL
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 27-2973046
Organization Overview
The Wellhouse is located in Odenville, AL. The organization was established in 2011. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Wellhouse employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellhouse 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 12/2023, Wellhouse generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 11.7% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING OUTREACH SERVICES TO VICTIMS OF HUMAN TRAFFICKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING OUTREACH SERVICES TO VICTIMS OF HUMAN TRAFFICKING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn A Potter Executive Di | Officer | 40 | $125,858 |
Holly M Bunn COO | Officer | 40 | $80,267 |
Jenny G Key Finance Dire | Officer | 40 | $33,252 |
Garry Ard Director | Trustee | 2 | $0 |
Karan Bailey Director | Trustee | 2 | $0 |
Kyle S Hewlett Vice Chairma | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,115,966 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,115,966 |
| Total Program Service Revenue | $0 |
| Investment income | $187,553 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $260,197 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,668,003 |
| 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. | $239,377 |
| Compensation of current officers, directors, key employees. | $35,907 |
| Compensation to disqualified persons | $54,798 |
| Other salaries and wages | $1,074,364 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $123,213 |
| Payroll taxes | $111,462 |
| Fees for services: Management | $48,445 |
| Fees for services: Legal | $2,725 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,042 |
| Advertising and promotion | $0 |
| Office expenses | $90,113 |
| Information technology | $35,427 |
| Royalties | $0 |
| Occupancy | $120,077 |
| Travel | $13,608 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,909 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,226 |
| Insurance | $61,761 |
| All other expenses | $20,244 |
| Total functional expenses | $2,380,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,257,172 |
| Savings and temporary cash investments | $4,001,467 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $177,686 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $113,176 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,941,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $252,038 |
| Total assets | $9,743,341 |
| Accounts payable and accrued expenses | $38,089 |
| 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 | $28,806 |
| Total liabilities | $66,895 |
| Net assets without donor restrictions | $9,627,734 |
| Net assets with donor restrictions | $48,712 |
| 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 | $9,743,341 |