Wishing Well Foundation is located in Puyallup, WA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wishing Well Foundation 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 12/2021, Wishing Well Foundation generated $314.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $258.1k during the year ending 12/2021. While expenses have increased by 8.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CLOTHING, SUPPLIES AND EXPERIENCES UNAVAILABLE TO MOST FOSTER YOUTH AND TO RETAIN QUALITY FOSTER HOMES IN PIERCE COUNTY BY ADDRESSING FINANCIAL BARRIERS TO ACCEPTING FOSTER PLACEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE WISHING WELL FOUNDATION SERVED OVER 805 YOUTH. FOSTER PARENTS/CAREGIVERS RECEIVED EDUCATION, SUPPORT AND REFERRALS TO COMMUNITY RESOURCES THAT ALLOWED THEM TO CONTINUING FOSTERING CHILDREN. WE ASSISTED 167 HOUSEHOLDS WITH FURNITURE, PROVIDED 35 LAPTOPS FOR EDUCATION, ASSISTED 20 GRADUATING TEENS, HOSTED 400 DONATED EXPERIENCES AND HELD MONTHLY EVENTS ATTENDED BY 50-150 YOUTH FOR PIZZA, MOVIE NIGHT BASKETS AND ICE CREAM. 672 CHILDREN RECEIVED GIFTS, SUPPLIES AND JOY AT OUR HOLIDAY EVENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erika Thompson Executive Director | Officer | 40 | $35,000 |
Mart Mitchell President | OfficerTrustee | 5 | $0 |
Brent Thompson Treasurer | OfficerTrustee | 10 | $0 |
Leslie Campbell Secretary | OfficerTrustee | 4 | $0 |
Gerri Nelson Board Member | Trustee | 2 | $0 |
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 | $285,123 |
Noncash contributions included in lines 1a–1f | $89,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $285,123 |
Total Program Service Revenue | $29,475 |
Investment income | $23 |
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 | $314,621 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,306 |
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. | $35,000 |
Compensation of current officers, directors, key employees. | $35,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,388 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,109 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,968 |
Advertising and promotion | $0 |
Office expenses | $691 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,248 |
Travel | $2,525 |
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 | $3,577 |
Insurance | $500 |
All other expenses | $40 |
Total functional expenses | $258,058 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,912 |
Savings and temporary cash investments | $280,272 |
Pledges and grants receivable | $0 |
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 | $10,731 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $299,915 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $299,915 |
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 | $299,915 |
Over the last fiscal year, we have identified 1 grants that Wishing Well Foundation has recieved totaling $3,000.
Awarding Organization | Amount |
---|---|
Kawabe Memorial Fund Aka Harry S Kawabe Trust Dallas, TX PURPOSE: FOSTERING YOUTH INTO | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Pioneer Human Services Seattle, WA | $87,958,344 | $86,152,025 |
Hopelink Redmond, WA | $65,683,064 | $83,592,432 |
Opportunity Council Bellingham, WA | $28,866,104 | $56,313,907 |
Association Of Village Council Presidents Bethel, AK | $66,137,927 | $53,399,923 |
St Vincent De Paul Society Of Lane County Inc Eugene, OR | $108,438,554 | $48,527,173 |
Lutheran Community Services Northwest SeaTac, WA | $32,992,754 | $47,700,677 |
Community Action Council Of Lewis Mason And Thurston Counties Lacey, WA | $20,227,354 | $41,866,003 |
Northwest Center Services Renton, WA | $14,390,014 | $45,339,525 |
Kodiak Area Native Association Kodiak, AK | $96,479,777 | $48,228,696 |
Catholic Charities Of The Diocese Of Yakima Yakima, WA | $43,879,767 | $48,574,689 |
Asian Counseling And Referral Service Seattle, WA | $31,509,398 | $38,563,323 |
United Community Action Network Roseburg, OR | $19,756,217 | $31,545,773 |