Terry Lee Wells Foundation
- Assets
- $1.2m
- Revenue
- $84.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- Data as of
- 12/2017
- EIN
- 88-0431758
Organization Overview
Terry Lee Wells Foundation is located in Reno, NV.
For the year ending 12/2017, Terry Lee Wells Foundation generated $84.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (35.6%) each year. All expenses for the organization totaled $982.4k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
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) | Role | Hours | Compensation |
|---|---|---|---|
Dawn E Wells President | 5 | $30,000 | |
Charlotte Mcconnell Treasurer | 10 | $13,500 | |
Eloise Esser Director | 5 | $7,200 | |
Lynn S Atcheson Secretary | 5 | $6,300 | |
Sherrie Cartinella Director | 5 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $25,166 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,893 |
| Capital Gain Net Income | $58,893 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $688 |
| Total Revenue | $84,756 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $63,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,656 |
| Total operating and administrative expenses | $79,997 |
| Contributions, gifts, grants paid | $902,429 |
| Total expenses and disbursements | $982,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,167,822 |
| 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 | $1,167,822 |
| 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, Terry Lee Wells Foundation has awarded $902,429 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
TERRY LEE WELLS NEVADA DISCOVERY MUSEUM PURPOSE: NEVADA LAND, NEVADA STORIES | $500,000 |
NEVADA DIABETES ASSOCIATION PURPOSE: FAMILY CAMP & FAMILY SUPPORT GROUP | $175,000 |
Virginia City, NV PURPOSE: COMMUNITY RESOURCE CENTER | $50,000 |
THE CHILDRENS CABINET PURPOSE: CENTER FOR ASPIRING YOUTH | $25,000 |
VOLUNTEERS OF AMERICA PURPOSE: RAPID RE-HOUSING FOR FAMILIESRAPID RE-HOUSING FOR FAMILIES | $24,000 |
EDDY HOUSE PURPOSE: GENERAL OPERATING | $24,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Terry Lee Wells Foundation has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Feeding Pets Of The Homeless Carson City, NV PURPOSE: VET CARE | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |