Wello INC FY2024 filing

Tax-deductible

Green Bay, WI501(c)(3)Since 2020Health CareEIN 85-4126872Revenue $792K in FY2024

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.
88¢ of each $1 spent went to programs.
$96K 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

FY2024 · 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
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$96K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 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
$72K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$792K
+62% vs prior year
Spent
$803K
To programs
88%
Net assets
$520K
By yearFY2021–FY2025
Revenue
$792K
FY2024▲ +62%
Tap a bar for its year
Revenue by fiscal year
FY2021$415K
FY2022$360K
FY2023$489K
FY2024$792K
FY2025$1.5M
Expenses
$803K
FY2024▲ +70%
Tap a bar for its year
Expenses by fiscal year
FY2021$154K
FY2022$414K
FY2023$472K
FY2024$803K
FY2025$1.1M
Net assets
$520K
FY2024▲ +131%
Tap a bar for its year
Net assets by fiscal year
FY2021$261K
FY2022$208K
FY2023$225K
FY2024$520K
FY2025$986K

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

88 cents of each dollar spent went to programs.

Program services 88% · $707K Management & general 10% · $78K Fundraising 2% · $18K

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

15 people listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$96,150Pt 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
$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 · $707K · in their own filed words · FY2023
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…

$417Kprogram 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…

$163Kprogram 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.

$127Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$792K
Ln 12
Gifts and grantsLn 1h$792K
Money outPt IX
$803K
Ln 25
Programscol B$707K
Managementcol C$78K
Fundraisingcol D$18K
Owns and owesPt X
$520K
net assets · Ln 32
Cash and savingsLn 1–2$178K
Total assetsLn 16$592K
LiabilitiesLn 26$72K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$792K
Government grantsLn 1e$134K
Total revenueLn 12$792K
Assets in detailPt X, end of year
CashLn 1$178K
Cash and savings togetherLn 1–2$178K
Other assetsLn 15$168K
Total assetsLn 16$592K
LiabilitiesLn 26$72K
Net assetsLn 32$520K
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 FY24End FY24
Cash and savingsLn 1–2$110K$178K
Total assetsLn 16$248K$592K
LiabilitiesLn 26$23K$72K
Net assetsLn 32$225K$520K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$96K$34K$48K$14K
Other salaries and wagesLn 7$278K$278K
Other employee benefitsLn 9$33K$28K$4K$1K
Payroll taxesLn 10$31K$26K$4K$1K
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$1K$1K$174$52
Office expensesLn 13$11K$9K$2K$458
Information technologyLn 14$319$319
OccupancyLn 16$3K$3K
TravelLn 17$9K$9K
Conferences, conventions and meetingsLn 19$6K$5K$800$240
Other expenses (24a–d)Ln 24$310K$310K
Total functional expensesLn 25$803K$707K$78K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.5M$1.1M$428K$986K 990 PDF
FY2024 Viewing $792K$803K−$11K$520K 990 PDF
FY2023 $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 FY2024 990 (6 parts)
Part I · Summary $791,528 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $489,298$791,528
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 $489,298$791,528
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 $327,966$438,942
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $144,028$364,047
I-18 Total expensesPrior year $471,994$802,989
I-19 Revenue less expensesPrior year $17,304−$11,461
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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 $791,528 across 4 lines filed
VIII-1e Government grants$134,376
VIII-1f All other contributions, gifts and grants$657,152
VIII-1h Total contributions, gifts and grants$791,528
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$791,528
Part IX · Statement of functional expenses $802,989 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $33,652 · Management $48,075 · Fundraising $14,423$96,150
IX-7 Other salaries and wagesPrograms $278,265$278,265
IX-9 Other employee benefitsPrograms $27,574 · Management $4,250 · Fundraising $1,275$33,099
IX-10 Payroll taxesPrograms $26,182 · Management $4,035 · Fundraising $1,211$31,428
IX-11c Accounting feesManagement $18,946$18,946
IX-11g Other fees for servicesPrograms $4,560$4,560
IX-12 Advertising and promotionPrograms $1,133 · Management $174 · Fundraising $52$1,359
IX-13 Office expensesPrograms $8,626 · Management $1,527 · Fundraising $458$10,611
IX-14 Information technologyManagement $319$319
IX-16 OccupancyPrograms $3,309$3,309
IX-17 TravelPrograms $8,926$8,926
IX-19 Conferences, conventions and meetingsPrograms $5,189 · Management $800 · Fundraising $240$6,229
IX-24 Other expenses (24a–d)Programs $309,788$309,788
IX-25 Total functional expensesPrograms $707,204 · Management $78,126 · Fundraising $17,659$802,989
Part X · Balance sheet $591,878 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $110,397$178,014
X-3 Pledges and grants receivableStart of year $136,505$246,303
X-15 Other assetsStart of year $0$167,561
X-16 Total assetsStart of year $247,652$591,878
X-17 Accounts payable and accrued expensesStart of year $22,824$71,616
X-26 Total liabilitiesStart of year $22,824$71,616
X-27 Net assets without donor restrictionsStart of year $96,749$332,760
X-28 Net assets with donor restrictionsStart of year $128,079$187,502
X-32 Total net assets or fund balancesStart of year $224,828$520,262
X-33 Total liabilities and net assetsStart of year $247,652$591,878
Part XI · Reconciliation of net assets $520,262 net assets at year end
XI-1 Total revenue$791,528
XI-2 Total expenses$802,989
XI-3 Revenue less expenses−$11,461
XI-4 Net assets at start of year$224,828
XI-6 Donated services and use of facilities$160,871
XI-8 Prior period adjustments$146,024
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$520,262

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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