Civic Intelligence

African Well Fund Inc.

990EZ • Fiscal year 2020 • EIN 20-0034483

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 10, 2021

PO Box 9486Schenectady, NY 12309

(518) 423-8058

Siviq Scores

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

Liabilities / Assets

87th percentile

0.58x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.42x

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

2020 filings • NTEE P80 • <$500k nonprofits • Source year 2020

Net Margin

61st percentile

15%

Higher net margin than 61% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • NTEE P80 • <$500k nonprofits • Source year 2020

Asset Growth

83rd percentile

66%

Faster asset growth than 83% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-27%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$12,499

Up $4,992 (+66%) from 2019

Net Assets

Up

$5,239

Up $2,645 (+102%) from 2019

Liabilities

Up

$7,260

Up $2,347 (+48%) from 2019

Revenue

Down

$17,387

Down $6,377 (-27%) from 2019

Expenses

Down

$14,742

Down $9,851 (-40%) from 2019

Net Income

Up

$2,645

Up $3,474 (+419%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $7,701Liabilities 2010: $1,769Net Assets 2010: $5,9322010Assets 2011: $6,456Liabilities 2011: $1,566Net Assets 2011: $4,8902011Assets 2012: $7,334Liabilities 2012: $4,086Net Assets 2012: $3,2482012Assets 2013: $7,816Liabilities 2013: $480Net Assets 2013: $7,3362013Assets 2014: $15,305Liabilities 2014: $5,840Net Assets 2014: $9,4652014Assets 2015: $25,926Liabilities 2015: $15,427Net Assets 2015: $10,4992015Assets 2016: $47,506Liabilities 2016: $41,816Net Assets 2016: $5,6902016Assets 2017: $14,873Liabilities 2017: $10,798Net Assets 2017: $4,0752017Assets 2018: $8,203Liabilities 2018: $4,780Net Assets 2018: $3,4232018Assets 2019: $7,507Liabilities 2019: $4,913Net Assets 2019: $2,5942019Assets 2020: $12,499Liabilities 2020: $7,260Net Assets 2020: $5,2392020Assets 2021: $25,226Liabilities 2021: $0Net Assets 2021: $25,2262021Assets 2022: $32,582Liabilities 2022: $0Net Assets 2022: $32,5822022Assets 2023: $43,715Liabilities 2023: $0Net Assets 2023: $43,7152023Assets 2024: $38,186Liabilities 2024: $0Net Assets 2024: $38,1862024

Highlighted filing

2020

Assets$12,499
Liabilities$7,260
Net Assets$5,239

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2010: $57,754Expenses 2010: $58,183Net Income 2010: -$4292010Revenue 2011: $29,619Expenses 2011: $30,663Net Income 2011: -$1,0442011Revenue 2012: $23,040Expenses 2012: $24,680Net Income 2012: -$1,6402012Revenue 2013: $42,456Expenses 2013: $38,368Net Income 2013: $4,0882013Revenue 2014: $19,006Expenses 2014: $16,877Net Income 2014: $2,1292014Revenue 2015: $19,238Expenses 2015: $18,204Net Income 2015: $1,0342015Revenue 2016: $33,908Expenses 2016: $38,717Net Income 2016: -$4,8092016Revenue 2017: $29,799Expenses 2017: $31,414Net Income 2017: -$1,6152017Revenue 2018: $18,457Expenses 2018: $19,110Net Income 2018: -$6532018Revenue 2019: $23,764Expenses 2019: $24,593Net Income 2019: -$8292019Revenue 2020: $17,387Expenses 2020: $14,742Net Income 2020: $2,6452020Revenue 2021: $34,933Expenses 2021: $14,946Net Income 2021: $19,9872021Revenue 2022: $29,241Expenses 2022: $21,884Net Income 2022: $7,3572022Revenue 2023: $33,352Expenses 2023: $22,219Net Income 2023: $11,1332023Revenue 2024: $44,786Expenses 2024: $50,315Net Income 2024: -$5,5292024

Highlighted filing

2020

Revenue$17,387
Expenses$14,742
Net Income$2,645
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 10, 2021
Return Version
2020v4.0
Gross Receipts
$17,387
Mission and Program Overview

Mission

To build clean water projects in africa

Program Services

DescriptionGrantsExpenses
PROVIDED GRANTS TO THE OUTER LOOP THEATER EXPERIENCE FOR DESIGNATED WELL FUND$12,347$12,347
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROB TRIGALETChair-$0--
DIANE YODERVice-Chair/T-$0--
ANGELA MARTENSSecretary-$0--
ELIZABETH GIPSONBoard Mbr-$0--
LARA WINEMANBoard Mbr-$0--
AYESHA MARCELBoard Mbr-$0--
Filing and Contact Details

Filer

Filer Name
African Well Fund Inc
EIN
20-0034483
Phone
5184238058
Address
PO BOX 9486, SCHENECTADY, NY 12309

Signing Officer

Name
Rob Trigalet
Title
Chair
Phone
5184238058
Signed
2021-06-10
Discuss with paid preparer
Yes

Preparer

Firm
Wnc Cpas & Consultants LLC
Address
1360 RIDGE AVE, EPHRATA, PA 17522-9659
Preparer
Dean a Hoover CPA
Phone
7173363801
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: the outer loop theater experience address: p.o. Box 1646 fairport, ny 14450 cash contribution: 12,347

Form 990-ez, Part I, Line 16

Expenses marketing 99 po box rental 118 office expense 67 insurance 721 bank/ credit card fees 84 web site 120 transaction fees 287 donor database fees 614 total 2,110

Form 990-ez, Part II, Line 26

Uncommitted well project funds 4,913 7,260

Raw XML Appendix168 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3ELIZABETH GIPSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-CHAIR/T
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MBR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MBR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MBR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02110
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO BUILD CLEAN WATER PROJECTS IN AFRICA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED GRANTS TO THE OUTER LOOP THEATER EXPERIENCE FOR DESIGNATED WELL FUND
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt012347
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt021853
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0123465
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: THE OUTER LOOP THEATER EXPERIENCE ADDRESS: P.O. BOX 1646 FAIRPORT, NY 14450 CASH CONTRIBUTION: 12,347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES MARKETING 99 PO BOX RENTAL 118 OFFICE EXPENSE 67 INSURANCE 721 BANK/ CREDIT CARD FEES 84 WEB SITE 120 TRANSACTION FEES 287 DONOR DATABASE FEES 614 TOTAL 2,110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNCOMMITTED WELL PROJECT FUNDS 4,913 7,260
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROB TRIGALET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05184238058
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AFRICAN WELL FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0AFRI
ReturnHeader/Filer/EIN0200034483
ReturnHeader/Filer/PhoneNum05184238058
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 9486
ReturnHeader/Filer/USAddress/CityNm0SCHENECTADY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0231934726
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WNC CPAS & CONSULTANTS LLC
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ReturnHeader/PreparerPersonGrp/PhoneNum07173363801
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEAN A HOOVER CPA
ReturnHeader/ReturnTs02021-06-17T14:04:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROB
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TRIGALET
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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.$38.2$0.00$38.2$44.8$50.3$5.53
2023Detailed filing. Detailed filing data is available for this year.$43.7$0.00$43.7$33.4$22.2$11.1
2022Detailed filing. Detailed filing data is available for this year.$32.6$0.00$32.6$29.2$21.9$7.36
2021Detailed filing. Detailed filing data is available for this year.$25.2$0.00$25.2$34.9$14.9$20.0
2020Detailed filing. Detailed filing data is available for this year.$12.5$7.26$5.24$17.4$14.7$2.65
2019Detailed filing. Detailed filing data is available for this year.$7.51$4.91$2.59$23.8$24.6$0.83
2018Detailed filing. Detailed filing data is available for this year.$8.20$4.78$3.42$18.5$19.1$0.65
2017Detailed filing. Detailed filing data is available for this year.$14.9$10.8$4.08$29.8$31.4$1.62
2016Detailed filing. Detailed filing data is available for this year.$47.5$41.8$5.69$33.9$38.7$4.81
2015Detailed filing. Detailed filing data is available for this year.$25.9$15.4$10.5$19.2$18.2$1.03
2014Detailed filing. Detailed filing data is available for this year.$15.3$5.84$9.47$19.0$16.9$2.13
2013Detailed filing. Detailed filing data is available for this year.$7.82$0.48$7.34$42.5$38.4$4.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.33$4.09$3.25$23.0$24.7$1.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.46$1.57$4.89$29.6$30.7$1.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.70$1.77$5.93$57.8$58.2$0.43