Wello INC FY2023 filing

Tax-deductible

Green Bay, WI501(c)(3)Since 2020Health CareEIN 85-4126872Revenue $489K in FY2023

On file with the IRSwello.org2710 Executive Dr, 54304-5496 · Green Bay, WITax-exempt since Sep 2021Publicly supported charity — 170(b)(1)(A)(vi)

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Wello's purpose is to co-create community conditions that are fair and just to drive high levels of health and well-being for all.we believe that everyone should have the opportunity to be their best self and live their best lives. Together, we are building a legacy of well-being.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$92K 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

FY2023 · 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
3 of 5
filings with a surplus
Average surplus $128K a year · 18% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$92K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $188K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$23K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$489K
+36% vs prior year
Spent
$472K
To programs
75%
Net assets
$225K
By yearFY2021–FY2025
Revenue
$489K
FY2023▲ +36%
Tap a bar for its year
Revenue by fiscal year
FY2021$415K
FY2022$360K
FY2023$489K
FY2024$792K
FY2025$1.5M
Expenses
$472K
FY2023▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2021$154K
FY2022$414K
FY2023$472K
FY2024$803K
FY2025$1.1M
Net assets
$225K
FY2023▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2021$261K
FY2022$208K
FY2023$225K
FY2024$520K
FY2025$986K

From the FY2023 Form 990 (year ending September 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2021.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $354K Management & general 21% · $101K Fundraising 4% · $17K

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

12 people listed on the 990; $92K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$91,750Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Natalie Bombstad’s $100K as Executive Director is at the 22nd percentile of top reported officer pay among 3128 $1–10M 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.

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

NameFY2025FY2024FY2023FY2022FY2021
Natalie Bombstad$99,972$96,150$91,750$80,500$38,116

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 Wello INC 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

Builds fair and just community conditions for everyone's health and well-being.

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Provided by the organization

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3 programs · $354K · in their own filed words · FY2022
01

Farm to School

Brown county farm to school program servicing nine school districts. Major accomplishments include increasing the amount of local food procured to be served in school meals, updating farm to school lessons to include equity components, working through supply chain logistics to get food to schools, farmer biographies to connect local…

$209Kprogram expense
02

Double Your Bucks and Produce Boxes

Provides access to fresh fruits and vegetables to community members who utilize foodshare or ebt. Ensure the infrastructure necessary to process foodshare benefits at the markets, work with local farmers to accept benefits, secure funds to provide the double your bucks component which allows people to get an additional $10 to spend on…

$81Kprogram expense
03

Countywide Measurement

Bi-annual measure of health and well-being across brown county through a survey. Assess the needs of the community and focus on ensuring a demographically representative sample. Work with researchers from uw-green bay and ST. Norbert college along with project partners from brown county united way and brown county public health.

$64Kprogram 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
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$489K
Ln 12
Gifts and grantsLn 1h$489K
Money outPt IX
$472K
Ln 25
Programscol B$354K
Managementcol C$101K
Fundraisingcol D$17K
Owns and owesPt X
$225K
net assets · Ln 32
Cash and savingsLn 1–2$110K
Total assetsLn 16$248K
LiabilitiesLn 26$23K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$489K
Government grantsLn 1e$56K
Total revenueLn 12$489K
Assets in detailPt X, end of year
CashLn 1$110K
Cash and savings togetherLn 1–2$110K
Total assetsLn 16$248K
LiabilitiesLn 26$23K
Net assetsLn 32$225K
OperationsPt I, VI
EmployeesI 510
VolunteersI 677
Fiscal year endsHeaderSeptember
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 FY23End FY23
Cash and savingsLn 1–2$177K$110K
Total assetsLn 16$219K$248K
LiabilitiesLn 26$11K$23K
Net assetsLn 32$208K$225K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$92K$18K$60K$14K
Other salaries and wagesLn 7$187K$187K
Other employee benefitsLn 9$26K$19K$6K$1K
Payroll taxesLn 10$23K$17K$5K$1K
Accounting feesLn 11c$22K$22K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$2K$1K$333$77
Office expensesLn 13$5K$4K$1K$263
OccupancyLn 16$9K$7K$2K$444
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$5K$4K$1K$268
Other expenses (24a–d)Ln 24$94K$94K
Total functional expensesLn 25$472K$354K$101K$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.5M$1.1M$428K$986K 990 PDF
FY2024 $792K$803K−$11K$520K 990 PDF
FY2023 Viewing $489K$472K$17K$225K 990 PDF
FY2022 $360K$414K−$54K$208K 990 PDF
FY2021 $415K$154K$261K$261K 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 FY2023 990 (6 parts)
Part I · Summary $489,298 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $359,578$489,298
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $25$0
I-12 Total revenuePrior year $359,603$489,298
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 $245,731$327,966
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $167,827$144,028
I-18 Total expensesPrior year $413,558$471,994
I-19 Revenue less expensesPrior year −$53,955$17,304
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $489,298 across 4 lines filed
VIII-1e Government grants$55,753
VIII-1f All other contributions, gifts and grants$433,545
VIII-1h Total contributions, gifts and grants$489,298
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$489,298
Part IX · Statement of functional expenses $471,994 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $18,349 · Management $59,638 · Fundraising $13,763$91,750
IX-7 Other salaries and wagesPrograms $187,499$187,499
IX-9 Other employee benefitsPrograms $19,026 · Management $5,512 · Fundraising $1,272$25,810
IX-10 Payroll taxesPrograms $16,886 · Management $4,892 · Fundraising $1,129$22,907
IX-11c Accounting feesManagement $22,348$22,348
IX-11g Other fees for servicesManagement $4,000$4,000
IX-12 Advertising and promotionPrograms $1,150 · Management $333 · Fundraising $77$1,560
IX-13 Office expensesPrograms $4,020 · Management $1,179 · Fundraising $263$5,462
IX-16 OccupancyPrograms $6,634 · Management $1,922 · Fundraising $444$9,000
IX-17 TravelPrograms $2,723$2,723
IX-19 Conferences, conventions and meetingsPrograms $4,003 · Management $1,160 · Fundraising $268$5,431
IX-24 Other expenses (24a–d)Programs $93,504$93,504
IX-25 Total functional expensesPrograms $353,794 · Management $100,984 · Fundraising $17,216$471,994
Part X · Balance sheet $247,652 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $177,380$110,397
X-3 Pledges and grants receivableStart of year $41,217$136,505
X-9 Prepaid expenses and deferred charges$750
X-16 Total assetsStart of year $218,597$247,652
X-17 Accounts payable and accrued expensesStart of year $11,073$22,824
X-26 Total liabilitiesStart of year $11,073$22,824
X-27 Net assets without donor restrictionsStart of year $151,926$96,749
X-28 Net assets with donor restrictionsStart of year $55,598$128,079
X-32 Total net assets or fund balancesStart of year $207,524$224,828
X-33 Total liabilities and net assetsStart of year $218,597$247,652
Part XI · Reconciliation of net assets $224,828 net assets at year end
XI-1 Total revenue$489,298
XI-2 Total expenses$471,994
XI-3 Revenue less expenses$17,304
XI-4 Net assets at start of year$207,524
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$224,828

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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