Civic Intelligence

The Well

990 • Fiscal year 2022 • EIN 02-6017362

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 01, 2023

36 Well School RoadPeterborough, NH 03458

(603) 924-6908

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.49x

Higher debt load relative to assets than 84% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.74x

Higher debt load relative to revenue than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

40th percentile

2.2%

Higher net margin than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

46th percentile

-0.1%

Faster asset growth than 46% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

46th percentile

3.2%

Faster revenue growth than 46% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,513,503

Down $1,995 (-0.1%) from 2021

Net Assets

Up

$1,271,485

Up $33,079 (+2.7%) from 2021

Liabilities

Down

$1,242,018

Down $35,074 (-2.7%) from 2021

Revenue

Up

$1,671,636

Up $52,404 (+3.2%) from 2021

Expenses

Up

$1,635,502

Up $130,648 (+8.7%) from 2021

Net Income

Down

$36,134

Down $78,244 (-68%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,268,269Liabilities 2010: $1,699,114Net Assets 2010: $569,1552010Assets 2011: $2,337,613Liabilities 2011: $1,539,598Net Assets 2011: $798,0152011Assets 2012: $2,391,596Liabilities 2012: $1,401,995Net Assets 2012: $989,6012012Assets 2013: $2,440,506Liabilities 2013: $1,285,178Net Assets 2013: $1,155,3282013Assets 2014: $2,400,157Liabilities 2014: $1,216,309Net Assets 2014: $1,183,8482014Assets 2015: $2,256,845Liabilities 2015: $1,166,852Net Assets 2015: $1,089,9932015Assets 2016: $2,256,616Liabilities 2016: $1,191,383Net Assets 2016: $1,065,2332016Assets 2017: $2,289,193Liabilities 2017: $1,154,288Net Assets 2017: $1,134,9052017Assets 2018: $2,366,152Liabilities 2018: $1,163,599Net Assets 2018: $1,202,5532018Assets 2019: $2,376,084Liabilities 2019: $1,172,149Net Assets 2019: $1,203,9352019Assets 2020: $2,365,031Liabilities 2020: $1,241,587Net Assets 2020: $1,123,4442020Assets 2021: $2,515,498Liabilities 2021: $1,277,092Net Assets 2021: $1,238,4062021Assets 2022: $2,513,503Liabilities 2022: $1,242,018Net Assets 2022: $1,271,4852022Assets 2023: $2,510,912Liabilities 2023: $1,216,657Net Assets 2023: $1,294,2552023Assets 2024: $2,413,521Liabilities 2024: $1,245,241Net Assets 2024: $1,168,2802024

Highlighted filing

2022

Assets$2,513,503
Liabilities$1,242,018
Net Assets$1,271,485

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $956,2112010Expenses 2011: $1,044,2842011Expenses 2012: $983,0142012Revenue 2013: $1,215,805Expenses 2013: $1,050,078Net Income 2013: $165,7272013Revenue 2014: $1,011,158Expenses 2014: $982,638Net Income 2014: $28,5202014Revenue 2015: $968,005Expenses 2015: $1,061,860Net Income 2015: -$93,8552015Revenue 2016: $1,052,591Expenses 2016: $1,077,351Net Income 2016: -$24,7602016Revenue 2017: $1,238,755Expenses 2017: $1,169,083Net Income 2017: $69,6722017Revenue 2018: $1,400,080Expenses 2018: $1,332,432Net Income 2018: $67,6482018Revenue 2019: $1,397,467Expenses 2019: $1,389,472Net Income 2019: $7,9952019Revenue 2020: $1,441,175Expenses 2020: $1,516,666Net Income 2020: -$75,4912020Revenue 2021: $1,619,232Expenses 2021: $1,504,854Net Income 2021: $114,3782021Revenue 2022: $1,671,636Expenses 2022: $1,635,502Net Income 2022: $36,1342022Revenue 2023: $1,909,789Expenses 2023: $1,884,432Net Income 2023: $25,3572023Revenue 2024: $2,107,163Expenses 2024: $2,233,138Net Income 2024: -$125,9752024

Highlighted filing

2022

Revenue$1,671,636
Expenses$1,635,502
Net Income$36,134
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 1, 2023
Return Version
2021v4.0
Gross Receipts
$1,671,636
Mission and Program Overview

Mission

To support and guide students in developing responsibility, discipline, integrity, and consciousness.

The well school seeks to inspire confidence, passion, and a love of learning in every child.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,530,718$1,528,325▼ $2,393
Cash and Non-Interest-Bearing Accounts$764,482$771,586▲ $7,104
Savings and Temporary Cash Investments$157,279$157,745▲ $466
Accounts Receivable$4,471$23,820▲ $19,349
Prepaid Expenses and Deferred Charges$34,188$12,231▼ $21,957
Intangible Assets$8,672$8,160▼ $512
Investments Other Securities$9,688$5,636▼ $4,052
Total Assets$2,515,498$2,513,503▼ $1,995
Other Assets Total$6,000$6,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,055,702$1,020,983▼ $34,719
Deferred Revenue$160,123$184,654▲ $24,531
Accounts Payable and Accrued Expenses$61,267$36,381▼ $24,886
Total Liabilities$1,277,092$1,242,018▼ $35,074
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,237,386$1,257,849▲ $20,463
Net Assets With Donor Restrictions$1,020$13,636▲ $12,616
Total Net Assets Fund Balance$1,238,406$1,271,485▲ $33,079
Total Liabilities and Net Assets / Fund Balance$2,515,498$2,513,503▼ $1,995

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,123,401$498,534$1,621,935
Equipment$70,220$532,515$602,735
Land$334,704-$334,704
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nathaniel PeirceChair
Hillary IrwinVice Chair
Lisa BarnesTrustee
Steve HahnSecretary
David JohnstonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$80,370
Program Service Revenue
$1,590,481
Investment Income
$785
Other Revenue
$0
All Other Contributions
$77,998
Change in Net Assets
$36,134

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,671,636
Revenue Not Reported on Form 990
$-1,336
Total Revenue per Audited Statements
$1,670,300
Total Revenue per Form 990
$1,671,636
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,165,455
Other Expenses$470,047
Total Fundraising Expense$11,853
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$836,042$209,010-$1,045,052
Payroll Taxes$66,841$16,710-$83,551
Depreciation Depletion-$57,322-$57,322
Insurance-$52,090-$52,090
Interest-$48,818-$48,818
Other Employee Benefits$29,482$7,370-$36,852
Other Expenses$35,472$14,816-$35,472
All Other Expenses$11,772$10,277$11,853$33,902
Occupancy-$31,528-$31,528
Fees for Services Accounting$56$19,383-$19,439
Travel$13,182$3,419-$16,601
Advertising$8,034$8,034-$16,068
Office Expenses$1,374$7,722-$9,096
Total Functional Expenses$1,098,962$524,687$11,853$1,635,502

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,635,502
Total Expenses per Audited Statements$1,635,502
Total Expenses per Form 990$1,635,502
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Nathaniel peirce po box 136 hancock, nh 03449 david johnston 82 garland way peterborough, nh 03458 hillary irwin 21 chestnut hill road dublin, nh 03444 steve hahn 87 main street peterborough, nh 03458 lisa barnes 13 euclid avenue natick, ma 01760

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 is provided to the executive director & the treasurer for review, prior to filing.

Form 990, Page 6, Part VI, Line 19

The school makes its governing documents, conflict of interest policy, and financial statements available to the public at its office, upon request.

Filing and Contact Details

Filer

Filer Name
The Well
EIN
02-6017362
Phone
6039246908
Address
36 WELL SCHOOL ROAD, PETERBOROUGH, NH 03458

Signing Officer

Name
Nathaniel Peirce
Title
Chair
Phone
6039246908
Signed
2023-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathaniel Peirce
Voting Board Members
5
Independent Board Members
5
Employees
60

Preparer

Firm
Rust & Company Cpas
Address
217R OLD HOMESTEAD HWY, SWANZEY, NH 03446-2121
Preparer
Jonathan D Blais CPA
Phone
6033586565
Raw XML Appendix378 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0157279
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0157745
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01123401
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0498534
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01621935
IRS990ScheduleD/EquipmentGrp/BookValueAmt070220
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0532515
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0602735
IRS990ScheduleD/ExpensesSubtotalAmt01635502
IRS990ScheduleD/LandGrp/BookValueAmt0334704
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0334704
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1336
IRS990ScheduleD/RevenueNotReportedAmt0-1336
IRS990ScheduleD/RevenueSubtotalAmt01671636
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01528325
IRS990ScheduleD/TotalExpensesPerForm990Amt01635502
IRS990ScheduleD/TotalRevenuePerForm990Amt01671636
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01670300
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01635502
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE WELL MAINTAINS A RACIALLY NON-DISCRIMINATORY POLICY THAT IS POSTED ON THEIR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NATHANIEL PEIRCE PO BOX 136 HANCOCK, NH 03449 DAVID JOHNSTON 82 GARLAND WAY PETERBOROUGH, NH 03458 HILLARY IRWIN 21 CHESTNUT HILL ROAD DUBLIN, NH 03444 STEVE HAHN 87 MAIN STREET PETERBOROUGH, NH 03458 LISA BARNES 13 EUCLID AVENUE NATICK, MA 01760
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR & THE TREASURER FOR REVIEW, PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT ITS OFFICE, UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02515498
IRS990/TotalAssetsEOYAmt02513503
IRS990/TotalAssetsGrp/BOYAmt02515498
IRS990/TotalAssetsGrp/EOYAmt02513503
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt080370
IRS990/TotalEmployeeCnt060
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011853
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0524687
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01098962
IRS990/TotalFunctionalExpensesGrp/TotalAmt01635502
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01277092
IRS990/TotalLiabilitiesEOYAmt01242018
IRS990/TotalLiabilitiesGrp/BOYAmt01277092
IRS990/TotalLiabilitiesGrp/EOYAmt01242018
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01238406
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01271485
IRS990/TotalProgramServiceExpensesAmt01098962
IRS990/TotalProgramServiceRevenueAmt01590481
IRS990/TotalRevenueGrp/ExclusionAmt0785
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01590481
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01671636
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02515498
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02513503
IRS990/TravelGrp/ManagementAndGeneralAmt03419
IRS990/TravelGrp/ProgramServicesAmt013182
IRS990/TravelGrp/TotalAmt016601
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 136
IRS990/USAddress/CityNm0HANCOCK
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003449
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.WELLSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NATHANIEL PEIRCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06039246908
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WELL
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0026017362
ReturnHeader/Filer/PhoneNum06039246908
ReturnHeader/Filer/USAddress/AddressLine1Txt036 WELL SCHOOL ROAD
ReturnHeader/Filer/USAddress/CityNm0PETERBOROUGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003458
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873106059
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUST & COMPANY CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0217R OLD HOMESTEAD HWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SWANZEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0034462121
ReturnHeader/PreparerPersonGrp/PhoneNum06033586565
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN D BLAIS CPA
ReturnHeader/ReturnTs02023-02-15T21:34:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HENRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HARRIS
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.41$1.25$1.17$2.11$2.23$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.51$1.22$1.29$1.91$1.88$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.51$1.24$1.27$1.67$1.64$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$1.28$1.24$1.62$1.50$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$1.24$1.12$1.44$1.52$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.38$1.17$1.20$1.40$1.39$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.37$1.16$1.20$1.40$1.33$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$1.15$1.13$1.24$1.17$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.26$1.19$1.07$1.05$1.08$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$1.17$1.09$0.97$1.06$0.09
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.40$1.22$1.18$1.01$0.98$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$1.29$1.16$1.22$1.05$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$1.40$0.99$0.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$1.54$0.80$1.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$1.70$0.57$0.96