Wellmed Charitable Foundation FY2022 filing

Tax-deductible

San Antonio, TX501(c)(3)Since 2006EducationEIN 20-5087010

Health education and charitable giving

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $170K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 10.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $743K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 6 voting members
Worth a look: 2 of 6 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
-27% vs prior year
Spent
$5.0M
To programs
89%
Net assets
$3.6M
By yearFY2020–FY2024
Revenue
$4.7M
FY2022▼ -27%
Revenue by fiscal year
FY2020$6.4M
FY2021$6.5M
FY2022$4.7M
FY2023$3.8M
FY2024$8.4M
Expenses
$5.0M
FY2022▼ -24%
Expenses by fiscal year
FY2020$6.2M
FY2021$6.6M
FY2022$5.0M
FY2023$4.0M
FY2024$7.3M
Net assets
$3.6M
FY2022▼ -6%
Net assets by fiscal year
FY2020$3.8M
FY2021$3.8M
FY2022$3.6M
FY2023$3.4M
FY2024$4.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $4.4M Management & general 11% · $572K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secr/Treas
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See Wellmed Charitable Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides health education and charitable giving to improve well-being.

Provided by the organization

This section is blank until Wellmed Charitable Foundation claims this page.

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2 program services account for $4.4M of program spending, described in the organization's own filed words · FY2022.
01

Wellmed charitable foundation contributes financial assistance to organizations and individuals in the community based on need.

$2.9Mprogram expense
02

Wellmed charitable foundation operates senior centers and provides classroom instruction and education for the benefit of the senior citizens.

$1.5Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$743K
See all 3 funders →
Grants paid · 229 grants · $10.9M · 2020–2024
Unitemized GrantFY2024$442,838
Lone Star Circle of CareTX · FY2024$300,000
Atascosa Health Center INCTX · FY2024$300,000
Unitemized GrantFY2024$90,177
El Pasoans Fighting HungerTX · FY2024$50,000
Meals on Wheels San AntonioTX · FY2024$35,000
Merced Housing TexasTX · FY2024$25,000
Senior Connection Center INCFL · FY2024$25,000
Metrocrest ServicesTX · FY2024$25,000
Family Counseling ServiceTX · FY2024$25,000
Texas Tech Foundation INCTX · FY2024$20,000
Special Olympics Texas INCTX · FY2024$20,000
Kings CompassionTX · FY2024$20,000
One World SurgeryAL · FY2024$20,000
See all 229 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Gifts and grantsLn 1h$4.7M
Other incomeLn 4–11$38K
Investment incomeLn 3$7K
Money outPt IX
$5.0M
Ln 25
Programscol B$4.4M
Managementcol C$572K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$4.5M
Total assetsLn 16$5.2M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.7M
Government grantsLn 1e$597K
Investment incomeLn 3$7K
Other incomeLn 4–11$38K
Gains on assetsLn 7$0
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
CashLn 1$4.5M
SavingsLn 2$0
Cash and savings togetherLn 1–2$4.5M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$5.2M
LiabilitiesLn 26$1.6M
Net assetsLn 32$3.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 61,477
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.4M$4.5M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$5.3M$5.2M
LiabilitiesLn 26$1.5M$1.6M
Net assetsLn 32$3.8M$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.9M$1.9M
Grants to domestic individualsLn 2$976K$976K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$317K$317K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$19K$19K
Payroll taxesLn 10$11K$11K
Management feesLn 11a$0
Legal feesLn 11b$44K$36K$8K
Accounting feesLn 11c$93K$93K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$321K$321K
Advertising and promotionLn 12$87K$87K
Office expensesLn 13$23K$23K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$520K$520K
TravelLn 17$3K$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$409K$388K$22K$0
All other expensesLn 24e$222K$222K
Total functional expensesLn 25$5.0M$4.4M$572K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.4M$7.3M$1.1M$4.5M 990 PDF
FY2023 $3.8M$4.0M−$122K$3.4M 990 PDF
FY2022 Viewing $4.7M$5.0M−$244K$3.6M 990 PDF
FY2021 $6.5M$6.6M−$25K$3.8M 990 PDF
FY2020 $6.4M$6.2M$190K$3.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $4,745,308 across 9 lines filed
VIII-1e Government grants$597,368
VIII-1f All other contributions, gifts and grants$4,102,850
VIII-1h Total contributions, gifts and grants$4,700,218
VIII-3 Investment income$7,363
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$37,727
VIII-12 Total revenue$4,745,308
Part IX · Statement of functional expenses $4,989,772 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $1,944,314$1,944,314
IX-2 Grants to domestic individualsPrograms $976,333$976,333
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $316,641$316,641
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $19,476$19,476
IX-10 Payroll taxesPrograms $10,742$10,742
IX-11a Management fees$0
IX-11b Legal feesPrograms $36,035 · Management $7,995$44,030
IX-11c Accounting feesPrograms $93,168$93,168
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $320,751$320,751
IX-12 Advertising and promotionPrograms $87,191$87,191
IX-13 Office expensesPrograms $22,843$22,843
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $519,611$519,611
IX-17 TravelPrograms $3,474$3,474
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $387,612 · Management $21,702 · Fundraising $0$409,314
IX-24e All other expensesManagement $221,884$221,884
IX-25 Total functional expensesPrograms $4,417,440 · Management $572,332 · Fundraising $0$4,989,772
Part X · Balance sheet $5,178,028 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $1,401,458$4,469,614
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $3,887,450$708,414
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $5,288,908$5,178,028
X-17 Accounts payable and accrued expensesStart of year $18,398$53,870
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $1,474,939$1,573,051
X-26 Total liabilitiesStart of year $1,493,337$1,626,921
X-32 Total net assets or fund balancesStart of year $3,795,571$3,551,107
X-33 Total liabilities and net assetsStart of year $5,288,908$5,178,028
Part XI · Reconciliation of net assets $3,551,107 net assets at year end
XI-1 Total revenue$4,745,308
XI-2 Total expenses$4,989,772
XI-3 Revenue less expenses−$244,464
XI-4 Net assets at start of year$3,795,571
XI-10 Net assets at end of year$3,551,107

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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