Totals
- Total revenue
- $4,323,351
- Total expenses
- $1,902,283
- Contributions and grants received
- $1,120,192
- Grants paid
- $1,543,877
- Program service revenue
- $0
- Investment income
- $3,106,837
- Other revenue
- $96,322
- Total assets, end of year
- $39,895,401
- Total liabilities, end of year
- $1,569,393
- Net assets or fund balances, end of year
- $38,326,008
- Program services expenses (Part IX)
- $1,623,991
- Management and general expenses
- $207,120
- Fundraising expenses
- $71,172
- Program service expenses (Part III)
- $1,623,991
Program services were 85.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,120,192
-
1g · Noncash contributions included above
$2,580
-
3 · Investment income
total $645,741 · excluded $645,741
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $16,448,857
-
7b · Less cost or other basis and sales expenses
securities $13,987,761
-
7c · Gain or loss
securities $2,461,096
-
7d · Net gain or loss
total $2,461,096 · related or exempt $2,461,096
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: CHANGE IN PERPETUAL TRUST
total $87,781 · related or exempt $87,781
-
11b · Other revenue: OPERATING FEES
total $8,541 · related or exempt $8,541
-
11e · Other revenue, total
$96,322
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,015,603 · program services $1,015,603
-
2 · Grants to domestic individuals
total $528,274 · program services $528,274
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $88,500 · program services $29,500 · management and general $29,500 · fundraising $29,500
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $106,574 · program services $37,526 · management and general $53,287 · fundraising $15,761
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $5,853 · program services $2,011 · management and general $2,484 · fundraising $1,358
-
10 · Payroll taxes
total $14,922 · program services $5,127 · management and general $6,333 · fundraising $3,462
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $52,299 · management and general $52,299
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $14,496 · management and general $14,496
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $5,814 · management and general $5,814
-
17 · Travel
total $301 · management and general $301
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $22,372 · management and general $22,372
-
23 · Insurance
total $6,626 · management and general $6,626
-
24a · Other expenses: DONOR DEVELOPMENT
total $16,237 · fundraising $16,237
-
24b · Other expenses: ADMINISTRATION FEES
total $5,950 · program services $5,950
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $4,886 · management and general $4,886
-
24d · Other expenses: AMORTIZATION
total $4,854 · fundraising $4,854
-
24e · All other expenses
total $8,722 · management and general $8,722
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $25 · end of year $25
-
2 · Savings and temporary cash investments
beginning of year $1,264,875 · end of year $1,797,941
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,594 · end of year $638
-
10a · Land, buildings and equipment: cost or other basis
$495,678
-
10b · Land, buildings and equipment: accumulated depreciation
$184,338
-
10c · Land, buildings and equipment, net
beginning of year $333,712 · end of year $311,340
-
11 · Investments: publicly traded securities
beginning of year $32,846,902 · end of year $36,984,400
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $733,661 · end of year $801,057
-
17 · Accounts payable and accrued expenses
beginning of year $5,805 · end of year $7,238
-
18 · Grants payable
beginning of year $229,682 · end of year $389,648
-
25 · Other liabilities
beginning of year $905,315 · end of year $1,172,507
-
27 · Net assets without donor restrictions
beginning of year $1,862,226 · end of year $2,074,519
-
28 · Net assets with donor restrictions
beginning of year $32,177,741 · end of year $36,251,489
Mission and programs · 2024
Mission
CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY.
-
PROVIDE BENEFITS AND DEVELOPMENT OF THE WELLS COUNTY COMMUNITY BY PROVIDING PROGRAM/PROJECT FUNDING FOR QUALIFIED CHARITABLE ORGANIZATIONS PURSUANT TO THE PURPOSE OF DONOR INTENTIONS AND BY FUNDING PROGRAMS OR PROJECTS THAT IMPROVE THE COMMUNITY.
Expenses $1,052,685 · Grants $1,015,603
-
AWARD SCHOLARSHIPS TO WELLS COUNTY RESIDENTS TO ASSIST IN PURSUING POST-SECONDARY EDUCATION. 162 STUDENTS RECEIVED SCHOLARSHIPS IN 2024.
Expenses $571,306 · Grants $528,274
As filed on the 2024 return.
Listed in Part VII
-
TAMMY SLATER
EXEC DIRECTOR
- Total calculated
- $88,500
- From this org
- $88,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
ALAN GUNKEL
Director
- Total calculated
- $0
- Hours/week
- 0
-
BRAD JOHNSON
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
JESSICA BRICKER
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
SARAH MCNEILL
President
- Total calculated
- $0
- Hours/week
- 0
-
RICK GENTIS
Director
- Total calculated
- $0
- Hours/week
- 0
-
KODY KUMFER
Director
- Total calculated
- $0
- Hours/week
- 0
-
STEPHEN PASTORE
Vice President
- Total calculated
- $0
- Hours/week
- 0
-
SETH WHICKER
Director
- Total calculated
- $0
- Hours/week
- 0
-
MICHAEL TOWNE
Director
- Total calculated
- $0
- Hours/week
- 0
-
LUANN GARTON
Director
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
WELLS COUNTY REVITALIZATION INC
$122,500
SUPPORT REVITALIZATION OF COMMUNITY
-
$114,817
VARIOUS ACTIVITIES AT LOCAL PARKS
-
$62,850
PROGRAMS FOR MENTALLY HANDICAPPED
-
$49,778
SUPPORT PROGRAMS FOR KIDS IN COMM
-
$34,251
FUNDING FOR FACILITY IMPROVEMENTS
-
$30,731
PROVIDE ART PROGRAMS TO COMMUNITY
-
$26,800
SUPPORT COMMUNITY PROGRAMS
-
$25,000
FUNDING FOR PROGRAMS & FACILITY
-
$25,000
MARKETING INITIATIVE
-
$24,950
VARIOUS FAMILY PROGRAMS
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
RENTAL OF OFFICE BUILDING TO THE FOUNDATION · IN · assets $295,567
Directly controlled by WELLS COUNTY FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513179349308401
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.