Deep Well: FY2022 Nonprofit Profile & Form 990 (EIN 84-3741942)

Revenue by fiscal year
FY2022	$2.0M
FY2023	$2.1M
FY2024	$2.2M

Expenses by fiscal year
FY2022	$1.7M
FY2023	$2.1M
FY2024	$2.2M

Net assets by fiscal year
FY2022	$934K
FY2023	$970K
FY2024	$961K

Is it real?

Yes. Revoked May 2022, reinstated. IRS ruling Aug 2022, per the IRS master file. Latest filing on record: FY2024. IRS ruling in Aug 2022.

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

Where the money goes

91 cents of each dollar spent went to programs.

91%

Program services 91% · $1.6M Management & general 9% · $158K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation

Bryan Bartels

President/Director

$0Pt VII · Sec A

Dr Teri Lynn Schrag

Vice President/Director

$0Pt VII · Sec A

Dr Linda Burkle

Secretary/Director

$0Pt VII · Sec A

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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 15aNo

Programs and updates

Offers a facility for schools, a sports team, and churches to use.

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Provided by the organization

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1 program · $1.6M · in their own filed words · FY2022

01

To provide a physical facility for the occupancy of cornerstone christian school, omaha public schools and the fraternidad church, the supported organizations.

$1.6Mprogram 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 · FY2024

David W Ellis Family FoundationFY2024$3K

Total grants receivedfrom 1 funder$3K

Grants paid · 4 grants · $597K · 2022–2024

Cornerstone Cougars INCNE · FY2024$210,226

Cornerstone Christian SchoolsNE · FY2024$75,010

Cornerstone Cougars INCNE · FY2023$220,857

Cornerstone Cougars INCNE · FY2022$91,000

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$2.0M

Ln 12

Fees for servicesLn 2g$2.0M

Gifts and grantsLn 1h$2K

Investment incomeLn 3$1

Money outPt IX

$1.7M

Ln 25

Programscol B$1.6M

Managementcol C$158K

Owns and owesPt X

$934K

net assets · Ln 32

Cash and savingsLn 1–2$598K

Total assetsLn 16$4.4M

LiabilitiesLn 26$3.4M

PeoplePt VI, VII

3

listed · VII A

PaidVII A0

Voting boardVI 1a3

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$2K

Fees for servicesLn 2g$2.0M

Investment incomeLn 3$1

Gains on assetsLn 7−$5K

Total revenueLn 12$2.0M

Assets in detailPt X, end of year

CashLn 1$598K

SavingsLn 2$0

Cash and savings togetherLn 1–2$598K

Land, buildings, equipmentLn 10c$3.5M

Other assetsLn 15$208K

Total assetsLn 16$4.4M

LiabilitiesLn 26$3.4M

Net assetsLn 32$934K

OperationsPt I, VI

EmployeesI 512

VolunteersI 63

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

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$453K	$598K
Land, buildings, equipmentLn 10c	$2.6M	$3.5M
Total assetsLn 16	$3.3M	$4.4M
LiabilitiesLn 26	$2.6M	$3.4M
Net assetsLn 32	$642K	$934K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$96K	$96K
Grants to domestic individualsLn 2	$5K	$5K
Other salaries and wagesLn 7	$268K	$203K	$65K
Payroll taxesLn 10	$18K	$14K	$4K
Legal feesLn 11b	$74K		$74K
Accounting feesLn 11c	$14K		$14K
Other fees for servicesLn 11g	$1K	$1K
Advertising and promotionLn 12	$464	$464
Office expensesLn 13	$54K	$54K
Information technologyLn 14	$5K	$5K
OccupancyLn 16	$564K	$564K
TravelLn 17	$5K	$5K
InterestLn 20	$119K	$119K
Depreciation, depletion and amortizationLn 22	$83K	$83K
InsuranceLn 23	$216K	$216K
Other expenses (24a–d)Ln 24	$213K	$213K
All other expensesLn 24e	$5K	$5K
Total functional expensesLn 25	$1.7M	$1.6M	$158K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$2.2M	$2.2M	−$8K	$961K	990 PDF
FY2023	$2.1M	$2.1M	$36K	$970K	990 PDF
FY2022 Viewing	$2.0M	$1.7M	$292K	$934K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2022 990 (6 parts)

Part I · Summary $2,032,053 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $307,340$2,000

I-9 Program service revenuePrior year $1,844,957$2,034,777

I-10 Investment incomePrior year $124−$4,724

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $2,152,421$2,032,053

I-13 Grants and similar amounts paidPrior year $97,072$101,126

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

I-15 Salaries and benefitsPrior year $215,768$285,968

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

I-17 Other expensesPrior year $1,278,356$1,352,834

I-18 Total expensesPrior year $1,591,196$1,739,928

I-19 Revenue less expensesPrior year $561,225$292,125

Part VI · Governance 3 of 3 board members independent, 1 to look at

VI-1a Voting members of the governing body3

VI-1b Independent voting members3

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

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $2,032,053 across 6 lines filed

VIII-1f All other contributions, gifts and grants$2,000

VIII-1h Total contributions, gifts and grants$2,000

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,034,777$2,034,777

VIII-3 Investment incomeExcluded from tax $1$1

VIII-7 Net gain or loss on sales of assetsExcluded from tax −$4,725−$4,725

VIII-12 Total revenueRelated to mission $2,034,777 · Unrelated business $0 · Excluded from tax −$4,724$2,032,053

Part IX · Statement of functional expenses $1,739,928 across 17 lines filed

IX-1 Grants to domestic organizationsPrograms $96,126$96,126

IX-2 Grants to domestic individualsPrograms $5,000$5,000

IX-7 Other salaries and wagesPrograms $202,966 · Management $64,962$267,928

IX-10 Payroll taxesPrograms $13,666 · Management $4,374$18,040

IX-11b Legal feesManagement $74,221$74,221

IX-11c Accounting feesManagement $14,159$14,159

IX-11g Other fees for servicesPrograms $1,000$1,000

IX-12 Advertising and promotionPrograms $464$464

IX-13 Office expensesPrograms $54,153$54,153

IX-14 Information technologyPrograms $5,457$5,457

IX-16 OccupancyPrograms $563,795$563,795

IX-17 TravelPrograms $4,770$4,770

IX-20 InterestPrograms $118,832$118,832

IX-22 Depreciation, depletion and amortizationPrograms $82,646$82,646

IX-23 InsurancePrograms $215,510$215,510

IX-24 Other expenses (24a–d)Programs $212,686$212,686

IX-24e All other expensesPrograms $5,141$5,141

IX-25 Total functional expensesPrograms $1,582,212 · Management $157,716 · Fundraising $0$1,739,928

Part X · Balance sheet $4,357,637 assets, 13 lines filed

X-1 Cash, non-interest-bearingStart of year $450,297$597,686

X-2 Savings and temporary cash investmentsStart of year $2,874$0

X-9 Prepaid expenses and deferred chargesStart of year $1,071$38,166

X-10c Land, buildings and equipment, netStart of year $2,636,901$3,498,820

X-14 Intangible assetsStart of year $5,027$14,991

X-15 Other assetsStart of year $154,014$207,974

X-16 Total assetsStart of year $3,250,184$4,357,637

X-17 Accounts payable and accrued expensesStart of year $135,519$45,420

X-19 Deferred revenueStart of year $199$20,625

X-25 Other liabilitiesStart of year $97,197$97,697

X-26 Total liabilitiesStart of year $2,608,414$3,423,742

X-32 Total net assets or fund balancesStart of year $641,770$933,895

X-33 Total liabilities and net assetsStart of year $3,250,184$4,357,637

Part XI · Reconciliation of net assets $933,895 net assets at year end

XI-1 Total revenue$2,032,053

XI-2 Total expenses$1,739,928

XI-3 Revenue less expenses$292,125

XI-4 Net assets at start of year$641,770

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$933,895

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

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Deep Well 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 Deep Well

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV