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Nonprofiteer
← WELLBEING FOUNDATION AMERICA INC

Form 990 for tax year 2022

Filed by WELLBEING FOUNDATION AMERICA INC.

Totals

Total revenue
$1,694,048
Total expenses
$1,449,884
Contributions and grants received
$1,674,975
Grants paid
$0
Program service revenue
$0
Investment income
$19,073
Other revenue
$0
Total assets, end of year
$5,338,890
Total liabilities, end of year
$3,345
Net assets or fund balances, end of year
$5,335,545
Program services expenses (Part IX)
$1,279,270
Management and general expenses
$121,614
Fundraising expenses
$49,000
Program service expenses (Part III)
$1,279,270

Program services were 88.2% 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

    $1,674,975

  • 3 · Investment income

    total $19,073 · related or exempt $19,073

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $15,505 · management and general $15,505

  • 11c · Fees: accounting

    total $14,775 · management and general $14,775

  • 11g · Fees: other

    total $512,667 · program services $414,667 · management and general $49,000 · fundraising $49,000

  • 16 · Occupancy

    total $55,426 · program services $54,662 · management and general $764

  • 17 · Travel

    total $134 · program services $134

  • 22 · Depreciation, depletion and amortization

    total $507 · management and general $507

  • 24a · Other expenses: PROJECT CONTRIBUTIONS

    total $787,841 · program services $787,841

  • 24b · Other expenses: PROFESSIONAL DEVELOPMENT

    total $51,066 · program services $21,966 · management and general $29,100

  • 24c · Other expenses: SUPPLIES

    total $6,000 · management and general $6,000

  • 24d · Other expenses: BANK CHARGES

    total $5,888 · management and general $5,888

  • 24e · All other expenses

    total $75 · management and general $75

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,801,888 · end of year $2,320,016

  • 3 · Pledges and grants receivable

    beginning of year $45,957 · end of year $135,833

  • 4 · Accounts receivable

    beginning of year $461,080 · end of year $77,117

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,512 · end of year $36,502

  • 11 · Investments: publicly traded securities

    beginning of year $3,091,623 · end of year $2,768,916

  • 14 · Intangible assets

    beginning of year $1,013 · end of year $506

  • 15 · Other assets

    beginning of year $24,415

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,015 · end of year $3,345

  • 27 · Net assets without donor restrictions

    beginning of year $2,247,871 · end of year $2,155,943

  • 28 · Net assets with donor restrictions

    beginning of year $3,179,602 · end of year $3,179,602

Mission and programs · 2022

Mission

TO PROMOTE THE MENTAL HEALTH AND WELL-BEING OF PEOPLE THROUGHOUT THE COUNTRY BY CONDUCTING AND FUNDING PROGRAMS TO EDUCATE AMERICANS ON MENTAL WELLNESS ISSUES. THE FOUNDATION WILL DESIGN AND HOLD A VARIETY OF PUBLIC EDUCATIONAL FORUMS, SEMINARS AND "SUMMITS" OPEN TO THE PUBLIC, WITHOUT CHARGE TO THE ATTENDEES, AT LOCATIONS ACROSS THE COUNTRY TO RPESNET LECTURES AND INFORMATION ON MENTAL WELLNESS ISSUES INCLUDING DISTRIBUTING PRINTED MATERIALS OR "KITS" OF INFORMATION AT THE PROGRAMS FOR PEOPLE TO TAKE HOME WITH THEM TO READ AND LEARN FROM.

  • PROMOTION OF MENTAL HEALTH AND WELL-BEING FOR PEOPLE THROUGHOUT THE COUNTRY BY CONDUCTING AND FUNDING PROGRAMS TO EDUCATE AMERICANS ON MENTAL WELLNESS ISSUES.

    Expenses $1,279,270 · Revenue $1,674,975

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAVID BAUM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JIMMIE WILLIAM PRICE III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BARBARA HOSKINS PHD

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • VICTOR LI

    CFO

    Total calculated
    $0
    Hours/week
    2

  • DALAL AL WAHEIDI

    CEO

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
7 August 2023
IRS schema version
2022v5.0
Source object
202332199349300243

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