Well House FY2020 filing

Tax-deductible

Grand Rapids, MI501(c)(3)EIN 38-2779457

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Well House expands, provides and safeguards low-cost housing options for vulnerable populations.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
$81K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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 $77K a year · 11% 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
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$265K
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$476K
Spent
$505K
To programs
59%
Net assets
$769K
By yearFY2020–FY2024
Revenue
$476K
FY2020
Revenue by fiscal year
FY2020$476K
FY2021$619K
FY2022$555K
FY2023$408K
FY2024$1.4M
Expenses
$505K
FY2020
Expenses by fiscal year
FY2020$505K
FY2021$480K
FY2022$692K
FY2023$689K
FY2024$686K
Net assets
$769K
FY2020
Net assets by fiscal year
FY2020$769K
FY2021$908K
FY2022$960K
FY2023$680K
FY2024$1.4M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Nov 1988.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $296K Management & general 32% · $161K Fundraising 10% · $48K

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

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Who runs it and what they're paid

11 people listed on the 990; $81K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$80,885Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Glover$83,485$82,169$82,319$82,479$80,885

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Well House 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides and safeguards affordable housing for vulnerable people.

Provided by the organization

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1 program · $296K · in their own filed words · FY2020
01

Well house provides permanent housing for individuals and families who are experiencing chronic homelessness and who are no longer able to access housing through traditional markets. By prioritizing placements for those experiencing numerous barriers, we help our neighbors come in from the streets, emergency shelters and other unhealthy…

$296Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$476K
Ln 12
Gifts and grantsLn 1h$272K
Fees for servicesLn 2g$191K
Investment incomeLn 3$9K
Money outPt IX
$505K
Ln 25
Programscol B$296K
Managementcol C$161K
Fundraisingcol D$48K
Owns and owesPt X
$769K
net assets · Ln 32
Cash and savingsLn 1–2$159K
Total assetsLn 16$1.0M
LiabilitiesLn 26$265K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$272K
Government grantsLn 1e$45K
Noncash giftsLn 1g$15K
Fees for servicesLn 2g$191K
Investment incomeLn 3$9K
Other incomeLn 4–11$4K
Total revenueLn 12$476K
Assets in detailPt X, end of year
CashLn 1$60K
SavingsLn 2$99K
Cash and savings togetherLn 1–2$159K
Land, buildings, equipmentLn 10c$869K
Total assetsLn 16$1.0M
LiabilitiesLn 26$265K
Net assetsLn 32$769K
OperationsPt I, VI
EmployeesI 56
VolunteersI 673
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$110K$159K
Land, buildings, equipmentLn 10c$904K$869K
Total assetsLn 16$1.0M$1.0M
LiabilitiesLn 26$245K$265K
Net assetsLn 32$798K$769K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$81K$40K$16K$24K
Other salaries and wagesLn 7$76K$42K$29K$4K
Other employee benefitsLn 9$15K$8K$5K$2K
Payroll taxesLn 10$13K$7K$4K$2K
Legal feesLn 11b$762$762
Accounting feesLn 11c$52K$52K
Other fees for servicesLn 11g$27K$15K$9K$3K
Advertising and promotionLn 12$9K$3K$6K
Office expensesLn 13$44K$26K$13K$5K
OccupancyLn 16$109K$103K$6K
TravelLn 17$300$300
Conferences, conventions and meetingsLn 19$10K$10K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$48K$45K$2K
InsuranceLn 23$4K$2K$2K$557
Other expenses (24a–d)Ln 24$11K$7K$4K
All other expensesLn 24e$681$676$5
Total functional expensesLn 25$505K$296K$161K$48K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.4M$686K$691K$1.4M 990 PDF
FY2023 $408K$689K−$280K$680K 990 PDF
FY2022 $555K$692K−$137K$960K 990 PDF
FY2021 $619K$480K$139K$908K 990 PDF
FY2020 Viewing $476K$505K−$29K$769K 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 FY2020 990 (5 parts)
Part I · Summary $475,804 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $332,104$272,177
I-9 Program service revenuePrior year $134,833$190,902
I-10 Investment incomePrior year $927$9,183
I-11 Other revenuePrior year $8,230$3,542
I-12 Total revenuePrior year $476,094$475,804
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $233,095$184,616
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $315,614$320,326
I-18 Total expensesPrior year $548,709$504,942
I-19 Revenue less expensesPrior year −$72,615−$29,138
Part VIII · Statement of revenue $475,804 across 8 lines filed
VIII-1e Government grants$44,710
VIII-1f All other contributions, gifts and grants$227,467
VIII-1g Noncash contributions (included above)$14,944
VIII-1h Total contributions, gifts and grants$272,177
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $190,902$190,902
VIII-3 Investment incomeExcluded from tax $9,183$9,183
VIII-8 Net income from fundraising eventsExcluded from tax $3,542$3,542
VIII-12 Total revenueRelated to mission $190,902 · Unrelated business $0 · Excluded from tax $12,725$475,804
Part IX · Statement of functional expenses $504,942 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $40,308 · Management $16,122 · Fundraising $24,185$80,615
IX-7 Other salaries and wagesPrograms $42,413 · Management $29,395 · Fundraising $3,750$75,558
IX-9 Other employee benefitsPrograms $7,838 · Management $5,335 · Fundraising $2,121$15,294
IX-10 Payroll taxesPrograms $7,053 · Management $3,699 · Fundraising $2,397$13,149
IX-11b Legal feesPrograms $762$762
IX-11c Accounting feesManagement $51,947$51,947
IX-11g Other fees for servicesPrograms $14,735 · Management $8,826 · Fundraising $3,300$26,861
IX-12 Advertising and promotionManagement $2,665 · Fundraising $6,428$9,093
IX-13 Office expensesPrograms $26,015 · Management $12,990 · Fundraising $5,055$44,060
IX-16 OccupancyPrograms $102,976 · Management $5,917$108,893
IX-17 TravelFundraising $300$300
IX-19 Conferences, conventions and meetingsManagement $10,255$10,255
IX-20 InterestManagement $4,437$4,437
IX-22 Depreciation, depletion and amortizationPrograms $45,331 · Management $2,386$47,717
IX-23 InsurancePrograms $1,651 · Management $2,190 · Fundraising $557$4,398
IX-24 Other expenses (24a–d)Programs $7,096 · Management $3,826$10,922
IX-24e All other expensesManagement $676 · Fundraising $5$681
IX-25 Total functional expensesPrograms $296,178 · Management $160,666 · Fundraising $48,098$504,942
Part X · Balance sheet $1,033,772 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $15,284$59,902
X-2 Savings and temporary cash investmentsStart of year $94,277$98,883
X-3 Pledges and grants receivableStart of year $25,000$0
X-4 Accounts receivableStart of year $1,344$3,595
X-9 Prepaid expenses and deferred chargesStart of year $3,094$2,795
X-10c Land, buildings and equipment, netStart of year $903,678$868,597
X-16 Total assetsStart of year $1,042,677$1,033,772
X-17 Accounts payable and accrued expensesStart of year $27,996$10,429
X-19 Deferred revenueStart of year $103,698$89,549
X-25 Other liabilitiesStart of year $6,830$14,779
X-26 Total liabilitiesStart of year $244,524$264,757
X-27 Net assets without donor restrictionsStart of year $773,153$769,015
X-28 Net assets with donor restrictionsStart of year $25,000$0
X-32 Total net assets or fund balancesStart of year $798,153$769,015
X-33 Total liabilities and net assetsStart of year $1,042,677$1,033,772
Part XI · Reconciliation of net assets $769,015 net assets at year end
XI-1 Total revenue$475,804
XI-2 Total expenses$504,942
XI-3 Revenue less expenses−$29,138
XI-4 Net assets at start of year$798,153
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$769,015

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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