Wells Of Hope
- Assets
- $117.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tomball, TX
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 20-5674914
Organization Overview
Wells Of Hope is located in Tomball, TX. The organization was established in 2007. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wells Of Hope 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 12/2022, Wells Of Hope generated $140.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $102.9k during the year ending 12/2022. While expenses have increased by 14.2% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WATER WELLS AND RELATED EXPENSES IN MEXICO $26,310 WATER WELLS AND RELATED EXPENSES IN TANZANIA $50,230.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Mulville President And Board Chair | 20 | $0 | |
Tom Basil Vice President | 20 | $0 | |
Danny Roy Secretary | 20 | $0 | |
Emison Lewis Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,259 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,259 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,305 |
| Total expenses | $102,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,857 |
| Other assets | $0 |
| Total assets | $117,480 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,480 |