The Well Of Lexington Inc is located in Lexington, KY. The organization was established in 2001. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Well Of Lexington Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Well Of Lexington 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 12/2023, Well Of Lexington Inc generated $391.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.1% each year . All expenses for the organization totaled $243.6k during the year ending 12/2023. 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
THE ORGANIZATION'S CURRENT MISSION IS TO (1) REDUCE CHILD TRAFFICKING BY PROVIDING EVIDENCE-BASED PROGRAMS THAT BUILD RESILIENCE AND EMPOWER CHILDREN, YOUTH, AND FAMILIES TO AVOID SEXUAL EXPLOITATION; AND (2) USE COMMUNITY OUTREACH TO INCREASE TRAFFICKING AWARENESS, REDUCE THE STIGMA OF TRAFFICKING, AND INCREASE VICTIM IDENTIFICATION AND OPPORTUNITIES FOR INTERVENTION. USING A COMMUNITY-BASED APPROACH, THE ORGANIZATION WORKS WITH PRESCHOOLS, CHILDCARE FACILITIES, COMMUNITY PARTNERS, AND PARENTS TO HELP AT-RISK CHILDREN AND YOUTH BUILD PROTECTIVE FACTORS AND HELP THEM IDENTIFY AND UTILIZE HEALTHY SYSTEMS TO BECOME MORE RESILIENT AND AVOID VICTIMIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WELL'S ONE-TO-TWO YEAR RESIDENTIAL RECOVERY PROGRAM PROVIDES ALL HOUSING AND BASIC NECESSITIES UNTIL THE RESIDENT IS SELF-SUFFICIENT AND ECONOMICALLY INDEPENDENT. THE PROGRAM IS MANAGED BY AN IN-HOUSE CASE MANAGER WHO WORKS WITH EACH WOMAN TO DEVELOP INDIVIDUALIZED RECOVERY PLANS INCLUDING MEDICAL AND DENTAL CARE, INTENSIVE OUTPATIENT DRUG/ALCOHOL REHABILITATION, ADDICTION RECOVERY SUPPORT, INDIVIDUAL THERAPY, LIFE SKILLS TRAINING, EDUCATION AND JOB TRAINING. THIS PROGRAM WAS DISCONTINED DURING 2023.
THE GOAL OF WELLSTART IS TO REDUCE THE VULNERABILITY TO SEXUAL EXPLOITATION AND TRAFFICKING OF CHILDREN IN THE MOST VULNERABLE POPULATIONS; I.E. CHILDREN IN FOSTER CARE, LOWER SOCIOECONOMIC CLASSES, AND CHILDREN OF COLOR. USING THE MINDUP AND NOT A NUMBER CURRICULUMS, THE ORGANIZATION CAN BUILD PROTECTIVE FACTORS INTO THE PROGRAMS SERVING CHILDREN AND YOUTH, AND HELP THEM IDENTIFY AND UTILIZE HEALTHY SYSTEMS TO DECREASE THEIR VULNERABILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Hicks President | OfficerTrustee | 2 | $0 |
Chance Hudnall Treasurer | OfficerTrustee | 3 | $0 |
Lindsay Hughes Thurston Secretary | OfficerTrustee | 2 | $0 |
Nanci House Director | Trustee | 2 | $0 |
Angi Marshall Director | Trustee | 2 | $0 |
Jay Oakley Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $11,277 |
Membership dues | $0 |
Fundraising events | $12,006 |
Related organizations | $0 |
Government grants | $201,094 |
All other contributions, gifts, grants, and similar amounts not included above | $61,235 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $285,612 |
Total Program Service Revenue | $0 |
Investment income | $76 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $95,172 |
Net Income from Fundraising Events | $9,698 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $391,225 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $94,500 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $9,121 |
Payroll taxes | $7,040 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $17,190 |
Advertising and promotion | $7,552 |
Office expenses | $3,150 |
Information technology | $3,163 |
Royalties | $0 |
Occupancy | $4,277 |
Travel | $1,462 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,411 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,824 |
Insurance | $8,440 |
All other expenses | $5,233 |
Total functional expenses | $243,576 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $293,831 |
Savings and temporary cash investments | $0 |
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 | $8,800 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $302,631 |
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 | $198,371 |
Net assets with donor restrictions | $104,260 |
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 | $302,631 |