Promoting Wellness Foundation
- Assets
- $1.6m
- Revenue
- $231.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 07/2012
- Data as of
- 12/2021
- EIN
- 45-4699381
Organization Overview
Promoting Wellness Foundation is located in Farmington Hills, MI. The organization was established in 2012. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promoting Wellness 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, Promoting Wellness Foundation generated $231.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $92.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Promoting Wellness Foundation has awarded 12 individual grants totaling $135,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING HEALTH AND WELLNESS THROUGH EDUCATION AND LIFESTYLE CHANGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE HEALTH AND WELLNESS AWARENESS THROUGH EDUCATION AND LIFESTYLE CHANGES.
PROMOTE HEALTH AND WELLNESS THROUGH SUPPORT OF ORGANZATIONS PROVIDING HEALTH AND WELLNESS SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mia Moyad Treasurer/se | Officer | 2 | $20,000 |
Mark Moyad President | OfficerTrustee | $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 | $127,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,000 |
| Total Program Service Revenue | $0 |
| Investment income | $36,728 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $67,786 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,514 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $20,000 |
| Other salaries and wages | $0 |
| 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 | $5,029 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,585 |
| Fees for services: Other | $320 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $92,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,195 |
| 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 | $0 |
| Investments—publicly traded securities | $1,572,974 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,640,169 |
| 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 | $1,640,169 |
| 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 | $1,640,169 |
Grants Awarded
Over the last fiscal year, Promoting Wellness Foundation has awarded $40,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Detroit, MI PURPOSE: PROM. LIFESTYLE CHG. | $20,000 |
Springfield, MO PURPOSE: MW TORNADO VICTIMS | $10,000 |
RIP MEDICAL DEBT PURPOSE: MEDICAL DEBT RELIEF | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Promoting Wellness Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graphic Media Alliance Inc Westerville, OH | $1,708,757 | $915,813 |
Naturist Society Foundation Inc Oshkosh, WI | $176,157 | $385,243 |
Ohio Alliance For Arts Education Columbus, OH | $500,048 | $419,501 |
Batesville Area Arts Council Inc Batesville, IN | $252,750 | $269,766 |
Herman Hesselschwardt 758 Marine Corps League Christmas For Kids Defiance, OH | $79,939 | $0 |
Ecliptic At Rosa Parks Circle Conservancy Grand Rapids, MI | $903,608 | $954,500 |
Cultural Advocacy Network Of Michigan Traverse City, MI | $15,527 | $0 |
Madison Area Arts Alliance Inc Madison, IN | $7,467 | $0 |
Promoting Wellness Foundation Farmington Hills, MI | $1,640,169 | $231,514 |
Cultural Awareness Corvette Weekend Indianapolis, IN | $37,185 | $116,294 |
Neighborhood Athletics Columbus, OH | $0 | $0 |
North American Folk Music And Dance Alliance Inc Milwaukee, WI | $8,989 | $0 |