Wishing Well Foundation

Tax-deductible

Puyallup, WA501(c)(3)Since 2012Human ServicesEIN 45-4004786Revenue $226K in FY2025

On file with the IRSthewishingwellwa.org16524 89th Ave E, 98375-9654 · Puyallup, WATax-exempt since Jun 2012Publicly supported charity — 170(b)(1)(A)(vi)

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To provide the clothing, supplies and experiences unavailable to most foster youth and to retain quality foster homes in pierce county by addressing financial barriers to accepting foster placements.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$50K 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

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $16K a year · 6% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 22% of spending
Top officer’s pay lower than 63% of similar orgs
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
17 mo
of spending, in cash
Looks good: 16.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $102K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$226K
-6% vs prior year
Spent
$229K
To programs
77%
Net assets
$320K
By yearFY2020–FY2025
Revenue
$226K
FY2025▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$275K
FY2021$315K
FY2022$284K
FY2023$199K
FY2024$240K
FY2025$226K
Expenses
$229K
FY2025▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$255K
FY2021$258K
FY2022$215K
FY2023$247K
FY2024$238K
FY2025$229K
Net assets
$320K
FY2025▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$243K
FY2021$300K
FY2022$370K
FY2023$322K
FY2024$324K
FY2025$320K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2012.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $176K Management & general 23% · $54K

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

6 people listed on the 990; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$50,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Erika Thompson’s $50K as Executive Director is at the 37th percentile of top reported officer pay among 2168 $100K–1M human services 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.

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Erika Thompson$50,000$50,000$50,000$35,000$35,000$35,000

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.

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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 15aYes

Programs and updates

Supplies foster youth and families with needed items and experiences, removing financial barriers to care.

Questions for Wishing Well Foundation

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Provided by the organization

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1 program · $176K · in their own filed words · FY2025
01

In 2025, the wishing well foundation served over 1,000 youths. Foster PARENTS/CAREGIVERS received education, support and referrals to community resources that allowed them to continuing fostering children.

$176Kprogram expense

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 · FY2025
Total grants receivedfrom 1 funder$102K
Grants paid · 1 grant · $9K · 2022–2022
Unitemized GrantFY2022$9,299

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$226K
Ln 12
Gifts and grantsLn 1h$214K
Fees for servicesLn 2g$11K
Investment incomeLn 3$25
Money outPt IX
$229K
Ln 25
Programscol B$176K
Managementcol C$54K
Owns and owesPt X
$320K
net assets · Ln 32
Cash and savingsLn 1–2$320K
Total assetsLn 16$322K
LiabilitiesLn 26$2K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$214K
Fees for servicesLn 2g$11K
Investment incomeLn 3$25
Total revenueLn 12$226K
Assets in detailPt X, end of year
CashLn 1$21K
SavingsLn 2$299K
Cash and savings togetherLn 1–2$320K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$322K
LiabilitiesLn 26$2K
Net assetsLn 32$320K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$325K$320K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$325K$322K
LiabilitiesLn 26$2K$2K
Net assetsLn 32$324K$320K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$50K$50K
Other salaries and wagesLn 7$18K$18K
Payroll taxesLn 10$5K$1K$4K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$6K$6K
OccupancyLn 16$40K$40K
TravelLn 17$4K$4K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$97K$97K
All other expensesLn 24e$209$209
Total functional expensesLn 25$229K$176K$54K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $226K$229K−$4K$320K 990 PDF
FY2024 $240K$238K$2K$324K 990 PDF
FY2023 $199K$247K−$48K$322K 990 PDF
FY2022 $284K$215K$70K$370K 990 PDF
FY2021 $315K$258K$57K$300K 990 PDF
FY2020 $275K$255K$20K$243K 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 FY2025 990 (6 parts)
Part I · Summary $225,555 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $228,042$214,087
I-9 Program service revenuePrior year $12,383$11,443
I-10 Investment incomePrior year $25$25
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $240,450$225,555
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 $74,454$73,102
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $163,842$156,270
I-18 Total expensesPrior year $238,296$229,372
I-19 Revenue less expensesPrior year $2,154−$3,817
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $225,555 across 5 lines filed
VIII-1f All other contributions, gifts and grants$214,087
VIII-1h Total contributions, gifts and grants$214,087
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,443$11,443
VIII-3 Investment incomeExcluded from tax $25$25
VIII-12 Total revenueRelated to mission $11,443 · Unrelated business $0 · Excluded from tax $25$225,555
Part IX · Statement of functional expenses $229,372 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $50,000$50,000
IX-7 Other salaries and wagesPrograms $18,000$18,000
IX-10 Payroll taxesPrograms $1,327 · Management $3,775$5,102
IX-11c Accounting feesPrograms $6,234$6,234
IX-11g Other fees for servicesPrograms $1,870$1,870
IX-13 Office expensesPrograms $5,738$5,738
IX-16 OccupancyPrograms $39,701$39,701
IX-17 TravelPrograms $4,140$4,140
IX-23 InsurancePrograms $1,638$1,638
IX-24 Other expenses (24a–d)Programs $96,740$96,740
IX-24e All other expensesPrograms $209$209
IX-25 Total functional expensesPrograms $175,597 · Management $53,775 · Fundraising $0$229,372
Part X · Balance sheet $321,608 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $15,267$21,135
X-2 Savings and temporary cash investmentsStart of year $310,158$298,520
X-9 Prepaid expenses and deferred charges$1,953
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $325,425$321,608
X-17 Accounts payable and accrued expensesStart of year $1,591$1,591
X-26 Total liabilitiesStart of year $1,591$1,591
X-27 Net assets without donor restrictionsStart of year $323,834$320,017
X-32 Total net assets or fund balancesStart of year $323,834$320,017
X-33 Total liabilities and net assetsStart of year $325,425$321,608
Part XI · Reconciliation of net assets $320,017 net assets at year end
XI-1 Total revenue$225,555
XI-2 Total expenses$229,372
XI-3 Revenue less expenses−$3,817
XI-4 Net assets at start of year$323,834
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$320,017

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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