Well Of Life An Illinois Not Profit Corporation
- Assets
- $13.6k
- Revenue
- $20.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 38-3675919
Organization Overview
Well Of Life An Illinois Not Profit Corporation is located in Chicago, IL. The organization was established in 2003. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Well Of Life An Illinois Not Profit Corporation 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 Life An Illinois Not Profit Corporation generated $20.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $16.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Well Of Life An Illinois Not Profit Corporation has awarded 80 individual grants totaling $172,784. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT CHRISTIAN ACTIVITY IN THE MIDDLE EAST AND UNITED STATES THROUGH GRANTS TO CHRISTIAN MINISTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mashour Dukum Pres/dir | 1 | $0 | |
Hanan Dukum Treas/dir | 0 | $0 | |
Farhan Fakhoury Director | 0 | $0 | |
Dr Joseph Girgis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10 |
| Contributions, gifts, grants paid | $16,600 |
| Total expenses and disbursements | $16,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,623 |
| 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 | $13,623 |
| 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, Well Of Life An Illinois Not Profit Corporation has awarded $16,600 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD FOR THE POOR PURPOSE: CARE FOR THE HUNGRY | $500 |
LIFEGATE PURPOSE: CHRISTIAN MINISTRY | $2,000 |
VOICE OF THE TRUTH PURPOSE: CHRISTIAN EVANGELISM | $5,700 |
THE SALVATION ARMY PURPOSE: CHRISTIAN EVANGELISM | $600 |
SAMARITANS PURSE PURPOSE: GENERAL PURPOSE | $1,000 |
UNITED EVANGELICAL CHURCH PURPOSE: CHRISTIAN EVANGELISM | $300 |