Healwell EIN 27-0743419 Form 990 (PDF) Claim this org

Healwell FY2020 filing

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Provides massage therapy to patients and trains professionals to improve healthcare. For fiscal year 2020 it reported $208K in revenue, $309K in expenses, and $-10K in net assets.Pt I

Founded
2009
Type
Public charity (501(c)(3)) · Health Care
Location
Arlington, VA
Website
www.healwell.org
Filings
6 on file (2020–2020)
Revenue
$208KFY2020
Expenses
$309K
Net assets
$-10K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-0743419 Public charity (501(c)(3)) Arlington, VA Founded 2009
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides massage therapy to patients and trains professionals to improve healthcare.
Leadership
Katherine Lavelle · Chairman
Money in and out
$208K revenue, $309K expenses
Bottom line
65% program efficiency
Where the money goes · FY2020
Total revenue
$208K
Pt VIII · Ln 12
Total expenses
$309K
Pt IX · Ln 25
Net assets
$-10K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$101K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.14 Fundraising $0.21
Program efficiency
65%
of spending reaches programs
Operating runway
1.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-49%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$208K
FY2020
Expenses
$309K
FY2020
Total assets
$53K
FY2020
Total liabilities
$63K
FY2020
Total revenue
$208K
Pt VIII · Ln 12
Total expenses
$309K
Pt IX · Ln 25
Net assets
$-10K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$101K
Total assetsPt X · Ln 16$53K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

2 program services account for $200K of program spending, described in the organization's own filed words · FY2020.
01

Service/Research

Healwell suspended service operations between march and october 2020 in response to the covid pandemic. We laid off our team of massage therapists in early may, but were able to bring many back to work, as hospitals were able to accommodate ppe needs for providers who were not on the front line.

$152Kprogram expense
02

Education; covid accelerated healwells efforts to focus on online education. Using our new online platform, we reached over 10,000 students all over the world during 2020. We collaborated with instructors at home and abroad to create relevant content to support practitioners in navigating the challenges of practicing during a pandemic in…

$49Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHealwell
EINHdr · item D27-0743419
Principal addressHdr · item CArlington, VA
WebsiteHdr · item Jwww.healwell.org
Year of formationHdr · item L2009
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E50)
Ruling yearIRS BMFJun 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Cal M Cates’s $79K as Executive Director is at the 64th percentile of top reported officer pay among 1965 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Program service revenue$130K · 62%
Contributions & grants$78K · 38%
Program service revenue62%$130K
Contributions & grants38%$78K
Investment income$113
Total revenueLn 12$208K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.14 Fundraising $0.21
Program services65%$200K
Management & general14%$45K
Fundraising21%$65K
Total functional expensesLn 25$309K

Balance Sheet

Part X · end of year
CashLn 1$47K
Total assetsLn 16$53K
Total liabilitiesLn 26$63K
Total net assetsLn 32$-10K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $47K · Operating expenses/yr $309K
1.8 months
Where the money goes
Program services
Program services $200K · Total expenses $309K
65%
Management & General
Management & general $45K · Total expenses $309K
14%
Fundraising
Fundraising $65K · Total expenses $309K
21%
Cost to raise $1
Fundraising expense $65K · Solicited contributions $78K
$0.83 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $78K · Total revenue $208K
38%
Government reliance
Government grants — · Total revenue $208K
Earned-income share
Program service revenue $130K · Total revenue $208K
62%
Investment reliance
Investment income $113 · Total revenue $208K
+0.05%
Program self-sufficiency
Program service revenue $130K · Total expenses $309K
42%
Growth & trend
Revenue growth (YoY)
This year $208K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $-10K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $208K · Expenses $309K
-49%
Liabilities-to-Assets
Total liabilities — · Total assets $53K
Net-asset ratio
Net assets $-10K · Total assets $53K
-19%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $53K
0%
People & payroll
Highest Reported Total Compensation
Individual Katherine Lavelle · Reported title Chairman · Highest reported compensation $0 · Total expenses $309K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $267K · Total expenses $309K
86%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 14%
Fundraising cost ratio 83%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$29K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$769K revenue · ⤓ 990 PDF
FY2024$769K revenue · ⤓ 990 PDF
FY2023$679K revenue · ⤓ 990 PDF
FY2022$503K revenue · ⤓ 990 PDF
FY2021$516K revenue · ⤓ 990 PDF
FY2020$208K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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