Wells 20 Foundation Inc

Organization Overview

Wells 20 Foundation Inc is located in Holdrege, NE. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wells 20 Foundation 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, Wells 20 Foundation Inc generated $71.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $4.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND BENEVOLENT PURPOSES TO FURTHER CREATE THE FACILITIES AND INFRASTRUCTURE NECESSARY TO FOSTER, DEVELOP AND PROMOTE YOUTH SPORTS AND RELATED YOUTH ACTIVITIES IN AND AROUND HOLDREGE, NEBRASKA AND INCLUDING THE SOLICITATION AND ACCEPTANCE OF GIFTS, DEVISES AND BEQUESTS OF PROPERTY FOR THE FURTHERANCE OF SAID CHARITABLE PURPOSES ALL AS PROVIDED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO DEVELOP AND PROMOTE YOUTH SPORTS AND YOUTH ACTIVITIES IN AND AROUND HOLDREGE.


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)Compensation
Nicholas M Wells
Administrato
$0
Ryan D Wells
Secretary
$0
Ethan M Soneson
Director
$0
Brent G Soneson
Director
$0
Alexander R Wells
Director
$0
Canda R Wells
Treasurer
$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$88,668
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$88,668
Total Program Service Revenue$0
Investment income $0
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 -$17,438
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $71,230

Create an account to unlock the data you need.

or