Wells Of Life Inc
- Assets
- $3.9m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 9
- Location
- San Juan Capistrano, CA
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 45-1496631
Organization Overview
Wells Of Life Inc is located in San Juan Capistrano, CA. The organization was established in 2012. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Wells Of Life Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wells Of Life 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 12/2022, Wells Of Life Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 21.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WELLS OF LIFE IS NON-PROFIT CHRISTIAN WATER DEVELOPMENT ORGANIZATION WORKING IN RURAL UGANDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BY 2030, HALF OF THE GLOBAL POPULATION IS EXPECTED TO BE LIVING IN WATER-STRESSED CONDITIONS. COMPETITION FOR WATER RESOURCES WILL ONLY INTENSIFY WITH INCREASING URBANIZATION, POPULATION GROWTH AND THE THREAT OF CLIMATE CHANGE. AS A RESULT, WE CAN EXPECT MORE CONFLICT, DISPLACEMENT AND PUBLIC HEALTH EMERGENCIES. NO ONE STANDS TO SUFFER FROM THE CONSEQUENCES OF WATER INSECURITY MORE THAN CHILDREN.WELLS OF LIFE IS A 501(C)(3) NON-PROFIT CHRISTIAN ORGANIZATION WHOSE MISSION IS TO PROVIDE RURAL UGANDANS ACCESS TO SAFE, CLEAN WATER THROUGH THE INSTALLATION OR RESTORATION OF SUSTAINABLE BOREHOLE WATER WELLS AND WASH (WATER, SANITATION, AND HYGIENE) EDUCATIONAL PROGRAMS. BY COMMITTING YOUR SUPPORT FOR CLEAN WATER, YOU GIVE TIME, OPPORTUNITY, EDUCATION, AND EMPOWERMENT. WHEN A COMMUNITY RECEIVES CLEAN WATER, THEY ARE GIVEN THE RESOURCES OF HEALTH, HYGIENE, AND TIME TO CREATE A MORE SUSTAINABLE SOCIETY. WE CONTINUE TO WORK CLOSELY WITH THE KINGDOM OF BUGANDA AND THE PRIME MINISTER CHARLES PETER MAYIGA. THANKS TO OUR SUPPORTERS, OUR WELLS ARE COLLECTIVELY SERVING MORE THAN 1 MILLION PEOPLE.WE ARE TACKLING THE WORLDWIDE CRISIS OF THE SHORTAGE OF CLEAN DRINKING WATER IN THE SPIRIT OF MATTHEW 17:20, "IF YOU HAVE FAITH AS SMALL AS A MUSTARD SEED, YOU CAN MOVE MOUNTAINS." WE ARE A GROUP OF INDIVIDUALS, FAMILIES, SCHOOLS, CHURCHES, AND BUSINESSES THAT ARE COMMITTED TO FORMING IN AMERICA AN UNDERSTANDING OF THE DICTATES OF 1 JOHN 3:18, TO NOT LOVE WITH ONLY WORDS OR SPEECH, BUT WITH ACTIONS AND IN A SPECIFIC APPLICATION THAT IS CRITICALLY NEEDED, QUICKLY ACCOMPLISHED, IMMEDIATELY VERIFIABLE AND EFFECTIVE, AND EASILY REPLICATED TO SCALE. A CHILD DIES IN EAST AFRICA FROM THE ILL EFFECTS OF CONTAMINATED WATER EVERY 21 SECONDS. ONE CHILD IN FIVE DIES BEFORE REACHING THEIR FIFTH BIRTHDAY OF CAUSES DIRECTLY ATTRIBUTABLE TO INGESTING CONTAMINATED WATER, EVEN THOUGH GOD'S CLEAN, LIFE-SAVING, SIGHT-PRESERVING WATER IS ONLY A FEW DOZEN YARDS DIRECTLY UNDER THEIR FEET.
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 |
|---|---|---|---|
Mike Martin Board Member | Trustee | 3 | $0 |
Mike Raguse Treasurer | OfficerTrustee | 3 | $0 |
Michelle Yegsigian Secretary | OfficerTrustee | 15 | $0 |
Charlie Hedges Vice President | OfficerTrustee | 30 | $60,763 |
Peter Callahan President | OfficerTrustee | 15 | $0 |
Jacqueline Dupont Carlson Board Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wells Of Life Uganda Contract Services | 12/30/22 | $1,526,036 |
Npj Llc Management And Fundraising | 12/30/22 | $229,462 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,092,213 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,653,548 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,745,761 |
| Total Program Service Revenue | $0 |
| Investment income | $159 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,938 |
| Net Income from Fundraising Events | -$150,067 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,593,915 |
| 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. | $290,224 |
| Compensation of current officers, directors, key employees. | $18,764 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $376,921 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $43,697 |
| Fees for services: Management | $148,802 |
| Fees for services: Legal | $8,067 |
| Fees for services: Accounting | $88,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $95,933 |
| Office expenses | $84,531 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,858 |
| Travel | $36,246 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $988 |
| Payments to affiliates | $1,526,036 |
| Depreciation, depletion, and amortization | $4,054 |
| Insurance | $6,214 |
| All other expenses | $8,108 |
| Total functional expenses | $2,908,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,928 |
| Savings and temporary cash investments | $642,311 |
| Pledges and grants receivable | $2,463,578 |
| 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 | $1,689 |
| Net Land, buildings, and equipment | $14,542 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $131,225 |
| Total assets | $3,875,273 |
| Accounts payable and accrued expenses | $66,705 |
| 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 | $150,000 |
| Other liabilities | $129,084 |
| Total liabilities | $345,789 |
| Net assets without donor restrictions | $1,378,595 |
| Net assets with donor restrictions | $2,150,889 |
| 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 | $3,875,273 |