Whosoever Better Life Fund -Wblf-Foundation
- Assets
- $9.5k
- Revenue
- $14.4k
- Investments
- $9.5k
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- Data as of
- 05/2023
- EIN
- 87-0878143
Organization Overview
Whosoever Better Life Fund -Wblf-Foundation is located in Montgomery, AL. According to its NTEE Classification (F21) the organization is classified as: Substance Abuse Prevention, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whosoever Better Life Fund -Wblf-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 05/2023, Whosoever Better Life Fund -Wblf-Foundation generated $14.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 48.1% each year . All expenses for the organization totaled $6.4k during the year ending 05/2023. While expenses have increased by 9.1% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORMATION PROJECTSTHE FOUNDATION CONNECTS WITH ORGANIZATIONS TO COLLECT INFO FOR PUBLIC DISTRIBUTION FROM PREVENTION TO TREATMENT TO RECOVERY THROUGH NEWSLETTERS AND OTHER PUBLICATIONS
EVENT PROJECTSTHE FOUNDATION ENGAGES WITH OTHER ORGANIZATIONS TO CONDUCT ACTIVITIES TO PROMOTE AWARENESS IN THE COMMUNITY
CONTRIBUTION PROJECTSTHE FOUNDATION WORKS WITH GRANTEES TO DEVELOP PROGRAMS AND PROJECTS TO PROMOTE HEALTH AND WELLNESS WHILE OFFERRING FINANCIAL RESOURCES TO BUILD AND SUSTAIN INITIATIVES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elbert Henry Lead Office | 1 | $0 | |
Annie B Henry Officer | 1 | $0 | |
Jennifer D Henry President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,305 |
| Interest on Savings | $0 |
| Dividends & Interest | $45 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $4,046 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,350 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $200 |
| Travel, conferences, and meetings | $654 |
| Printing and publications | $241 |
| Other expenses | $443 |
| Total operating and administrative expenses | $3,363 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $6,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,537 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Whosoever Better Life Fund -Wblf-Foundation has awarded $250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GREATER PLEASANT HILL AME ZION CHURCH PURPOSE: PROMOTE MENTAL HEALTH AWARENESS SEMINAR | $100 |
GREATER PLEASANT HILL AME ZION CHURCH PURPOSE: PROMOTE MENTAL HEALTH AWARENESS | $150 |