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WELLS MOUNTAIN INITIATIVE INC

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Public IRS 990 nonprofit record

WELLS MOUNTAIN INITIATIVE INC

EIN 20-3823604 · International, Foreign Affairs & National Security N.E.C. (Q99)

What they do

to CREATE SOCIAL CHANGE THROUGH EDUCATION and COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS and SKILLS TRAINING, BUILDING A NETWORK of GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $66.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.69%of revenue went to mission work66.0% of expenses · Program services
19.47%of revenue went to fundraising17.0% of expenses
$114.75spent for every $100 of revenueSpending was higher than revenue this year.
19.60%of revenue went to management and office costs17.1% of expenses
$1.88in assets for every $1 spent this yearSome assets cannot be spent right away.
90.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $141,139 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $168,208 for LISA MEADOWCROFT (EXECUTIVE DIRECTOR UNTIL OCTOBER 2024). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$956,818
Mission workProgram services$724,18975.69% of revenue66.0% of expenses
ManagementOffice and general costs$187,49819.60% of revenue17.1% of expenses
FundraisingAsking for donations$186,27019.47% of revenue17.0% of expenses
Total expenses$1,097,957114.75% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 66.0% mission · 17.1% management · 17.0% fundraisingTotal expenses: 114.75% of revenue
2023Expense mix: 75.4% mission · 14.2% management · 10.5% fundraisingTotal expenses: 123.80% of revenue
2022Expense mix: 74.7% mission · 25.3% management · 0.0% fundraisingTotal expenses: 1,197.48% of revenue
2021Expense mix: 74.6% mission · 25.4% management · 0.0% fundraisingTotal expenses: 156.99% of revenue
2020Expense mix: 88.0% mission · 12.0% management · 0.0% fundraisingTotal expenses: 32.35% of revenue
2019Expense mix: 82.5% mission · 17.5% management · 0.0% fundraisingTotal expenses: 85.66% of revenue

Money in and money out

Revenue$956,818
Expenses$1,097,957
Annual shortfall $141,139 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$724,189 · 66.0% of expenses
Management and office costs$187,498 · 17.1% of expenses
Fundraising$186,270 · 17.0% of expenses
See all reported dollar amounts
Revenue$956,818
Expenses$1,097,957
Assets$2,069,417
Income$2,063,820
Contributions$865,044
Mission work (program services)$724,189
Fundraising$186,270
Management and general$187,498
Stocks and bonds$1,759,857
Accounting fees$32,632
Investing fees$22,840
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LISA MEADOWCROFTEXECUTIVE DIRECTOR UNTIL OCTOBER 2024 · 40 hrs/week $168,208Base $148,374 · Other $19,834
NICOLE BAKEREXECUTIVE DIRECTOR - CURRENT · 40 hrs/week $114,662Base $106,258 · Other $8,404

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

LISA MEADOWCROFTEXECUTIVE DIRECTOR UNTIL OCTOBER 2024

NICOLE BAKEREXECUTIVE DIRECTOR - CURRENT

AFOLOBI OGUNNAIKEDIRECTOR

CHRISTOPHER LUTZDIRECTOR

DIDIER BLESINDIRECTOR

GAIL NYSTROMDIRECTOR

GWENAEL APOLLONDIRECTOR

JAG DALALDIRECTOR

KENNETH FORESTERDIRECTOR

MARGARET RUSHDIRECTOR

MARY CLARK ROMNEYSECRETARY

PAUL JERUCHIMOWITZDIRECTOR

RICK CLAYDONDIRECTOR

RICK KUSHELTREASURER

ROBERT DILLDIRECTOR

THOMAS M WELLSCHAIRMAN

About this charity

Recognized since
January 2006
Location
25D MAIN STREET, BRISTOL, VT 05443
County
Addison
In care of
NICOLE BAKER
Primary officer
NICOLE BAKER, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
TAIT WELLER & BAKER LLP
NTEE classification
International, Foreign Affairs & National Security N.E.C. (Q99)
IRS tax category
International, Foreign Affairs & National Security N.E.C.

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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