Davids Well Incorporated: FY2022 Nonprofit Profile & Form 990 (EIN 46-2178696)

Revenue by fiscal year
FY2020	$250K
FY2021	$281K
FY2022	$348K
FY2023	$271K
FY2024	$271K
FY2025	$276K

Expenses by fiscal year
FY2020	$257K
FY2021	$243K
FY2022	$269K
FY2023	$363K
FY2024	$308K
FY2025	$247K

Net assets by fiscal year
FY2020	$75K
FY2021	$113K
FY2022	$192K
FY2023	$101K
FY2024	$63K
FY2025	$92K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2014.

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

Where the money goes

98 cents of each dollar spent went to programs.

98%

Program services 98% · $264K Management & general 2% · $4K

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

Something off? Claim to add context

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation

Charles Goodrich

President and Chairman of the Board

$0Pt VII · Sec A

Marvin Raymond

Director

$0Pt VII · Sec A

Eric Perkins

Secretary/Treasurer

$0Pt VII · Sec A

Donald Barnett

Director

$0Pt VII · Sec A

David Craigie

Director

$0Pt VII · Sec A

James Friesen

Director

$0Pt VII · Sec A

Michael Goins

Vice Chairman

$0Pt VII · Sec A

Paul Kimmerle

Director

$0Pt VII · Sec A

See Davids Well Incorporated executive salaries →

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 15aNo

Programs and updates

Preaching the Bible, planting churches, and training leaders to serve people in Latin America.

Questions for Davids Well Incorporated

Tap to ask. Davids Well Incorporated sees how many people are interested.

Your first name shows with your question. Davids Well Incorporated answers here, for everyone.

2 programs · $264K · in their own filed words · FY2022

01

Preach the Bible, plant churches, train leaders and meet the physical needs of the poorest people in Panama and other Latin American countries.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-2178696) · Dispute this line

$262Kprogram expense

02

Disaster relief.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-2178696) · Dispute this line

$2Kprogram 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

Fidelity Investments Charitable Gift FundFY2024$18K

Morgan Stanley Global Impact Funding Trust INCFY2024$15K

Total grants receivedfrom 2 funders$33K

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$348K

Ln 12

Gifts and grantsLn 1h$348K

Money outPt IX

$269K

Ln 25

Programscol B$264K

Managementcol C$4K

Owns and owesPt X

$192K

net assets · Ln 32

Cash and savingsLn 1–2$193K

Total assetsLn 16$193K

LiabilitiesLn 26$495

PeoplePt VI, VII

12

listed · VII A

PaidVII A0

Voting boardVI 1a12

IndependentVI 1b0

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$348K

Government grantsLn 1e$0

Noncash giftsLn 1g$0

Fundraising eventsLn 1c$0

Total revenueLn 12$348K

Assets in detailPt X, end of year

CashLn 1$193K

Cash and savings togetherLn 1–2$193K

Total assetsLn 16$193K

LiabilitiesLn 26$495

Net assetsLn 32$192K

OperationsPt I, VI

EmployeesI 50

VolunteersI 650

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3More from this return

Abroad and in kindSch F, M

Grants to other countriesSch F Pt II–III$262K

4Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$122K	$193K
Total assetsLn 16	$122K	$193K
LiabilitiesLn 26	$9K	$495
Net assetsLn 32	$113K	$192K

5Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$2K	$2K
Grants and assistance to foreign recipientsLn 3	$262K	$262K
Office expensesLn 13	$4K		$4K
Conferences, conventions and meetingsLn 19	$495		$495
Total functional expensesLn 25	$269K	$264K	$4K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS Apr 11, 2026	$276K	$247K	$29K	$92K	990 PDF
FY2024Filed with the IRS Mar 14, 2025	$271K	$308K	−$38K	$63K	990 PDF
FY2023Filed with the IRS Mar 21, 2024	$271K	$363K	−$92K	$101K	990 PDF
FY2022 ViewingFiled with the IRS Mar 17, 2023	$348K	$269K	$79K	$192K	990 PDF
FY2021Filed with the IRS Mar 18, 2022	$281K	$243K	$38K	$113K	990 PDF
FY2020Filed with the IRS May 8, 2021	$250K	$257K	−$7K	$75K	990 PDF

Schedules filed Part IV

A · Public support F · Foreign I · Grants O · Explanations

See the full FY2022 990

Part I · Summary $347,815 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $281,101$347,815

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $281,101$347,815

I-13 Grants and similar amounts paidPrior year $233,060$264,374

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $10,015$4,175

I-18 Total expensesPrior year $243,075$268,549

I-19 Revenue less expensesPrior year $38,026$79,266

Part VI · Governance 0 of 12 board members independent, 3 to look at

VI-1a Voting members of the governing body12

VI-1b Independent voting members0

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $347,815 across 9 lines filed

VIII-1a Federated campaigns$0

VIII-1b Membership dues$0

VIII-1c Fundraising events$0

VIII-1d Related organizations$0

VIII-1e Government grants$0

VIII-1f All other contributions, gifts and grants$347,815

VIII-1g Noncash contributions (included above)$0

VIII-1h Total contributions, gifts and grants$347,815

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$347,815

Part IX · Statement of functional expenses $268,549 across 4 lines filed

IX-2 Grants to domestic individualsPrograms $2,000$2,000

IX-3 Grants and assistance to foreign recipientsPrograms $262,374$262,374

IX-13 Office expensesManagement $3,680$3,680

IX-19 Conferences, conventions and meetingsManagement $495$495

IX-25 Total functional expensesPrograms $264,374 · Management $4,175 · Fundraising $0$268,549

Part X · Balance sheet $192,816 assets, 8 lines filed

X-1 Cash, non-interest-bearingStart of year $122,060$192,816

X-16 Total assetsStart of year $122,060$192,816

X-24 Unsecured notes and loans payableStart of year $9,005$495

X-26 Total liabilitiesStart of year $9,005$495

X-27 Net assets without donor restrictionsStart of year $113,055$192,321

X-28 Net assets with donor restrictionsStart of year $0$0

X-32 Total net assets or fund balancesStart of year $113,055$192,321

X-33 Total liabilities and net assetsStart of year $122,060$192,816

Part XI · Reconciliation of net assets $192,321 net assets at year end

XI-1 Total revenue$347,815

XI-2 Total expenses$268,549

XI-3 Revenue less expenses$79,266

XI-4 Net assets at start of year$113,055

XI-5 Net unrealized gains (losses) on investments$0

XI-6 Donated services and use of facilities$0

XI-7 Investment expenses$0

XI-8 Prior period adjustments$0

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$192,321

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

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

Davids Well Incorporated FY2022 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Davids Well Incorporated

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV

Featured nonprofit jobs

Give to Davids Well Incorporated