Civic Intelligence

Wells Memorial Incorporated

990 • Fiscal year 2020 • EIN 41-0694711

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 18, 2020

Organization ProfileWELLSFOUND.ORG
519 Oak Grove StreetMinneapolis, MN 55403

(651) 260-6312

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

11th percentile

-31%

Higher net margin than 11% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

33rd percentile

0.2%

Faster asset growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-93%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$1,478,283

Up $3,546 (+0.2%) from 2019

Net Assets

Up

$1,478,283

Up $3,546 (+0.2%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin11th percentile

Revenue

Down

$89,895

Down $1,168,632 (-93%) from 2019

Expenses

Down

$117,702

Down $12,624 (-9.7%) from 2019

Net Income

Down

-$27,807

Down $1,156,008 (-102%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $113,244Liabilities 2011: $2,1092011Assets 2012: $134,869Liabilities 2012: $02012Assets 2013: $175,342Liabilities 2013: $02013Assets 2014: $203,776Liabilities 2014: $02014Assets 2015: $230,614Liabilities 2015: $02015Assets 2016: $239,357Liabilities 2016: $02016Assets 2017: $292,146Liabilities 2017: $0Net Assets 2017: $292,1462017Assets 2018: $289,128Liabilities 2018: $0Net Assets 2018: $289,1282018Assets 2019: $1,474,737Liabilities 2019: $0Net Assets 2019: $1,474,7372019Assets 2020: $1,478,283Liabilities 2020: $0Net Assets 2020: $1,478,2832020Assets 2021: $1,866,702Liabilities 2021: $60Net Assets 2021: $1,866,6422021Assets 2022: $1,551,221Liabilities 2022: $0Net Assets 2022: $1,551,2212022Assets 2023: $1,677,438Liabilities 2023: $0Net Assets 2023: $1,677,4382023Assets 2024: $1,865,025Liabilities 2024: $0Net Assets 2024: $1,865,0252024Assets 2025: $2,034,740Liabilities 2025: $0Net Assets 2025: $2,034,7402025

Highlighted filing

2020

Assets$1,478,283
Liabilities$0
Net Assets$1,478,283
Open 2020 Filing

Operations Trend

Revenue Growth1st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $123,282Expenses 2011: $59,989Net Income 2011: $63,2932011Revenue 2012: $116,050Expenses 2012: $92,316Net Income 2012: $23,7342012Revenue 2013: $105,847Expenses 2013: $65,374Net Income 2013: $40,4732013Revenue 2014: $103,921Expenses 2014: $75,487Net Income 2014: $28,4342014Revenue 2015: $113,716Expenses 2015: $86,878Net Income 2015: $26,8382015Revenue 2016: $116,491Expenses 2016: $107,748Net Income 2016: $8,7432016Revenue 2017: $158,176Expenses 2017: $105,387Net Income 2017: $52,7892017Revenue 2018: $103,281Expenses 2018: $106,299Net Income 2018: -$3,0182018Revenue 2019: $1,258,527Expenses 2019: $130,326Net Income 2019: $1,128,2012019Revenue 2020: $89,895Expenses 2020: $117,702Net Income 2020: -$27,8072020Revenue 2021: $110,074Expenses 2021: $124,171Net Income 2021: -$14,0972021Revenue 2022: $100,007Expenses 2022: $152,214Net Income 2022: -$52,2072022Revenue 2023: $104,133Expenses 2023: $127,304Net Income 2023: -$23,1712023Revenue 2024: $144,021Expenses 2024: $135,477Net Income 2024: $8,5442024Revenue 2025: $156,446Expenses 2025: $153,943Net Income 2025: $2,5032025

Highlighted filing

2020

Revenue$89,895
Expenses$117,702
Net Income-$27,807
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 18, 2020
Return Version
2019v5.0
Gross Receipts
$92,905
Mission and Program Overview

Mission

The wells foundation is a non-profit organization that supports fundamental societal change through innovative and entrepreneurial action. We offer funding for change agent organizations who combine a vision of social transformation with creative and practical solutions. These groups collectively received over $90,000 from the wells foundation in fiscal year 2018.

The wells foundation provides social service grants to nonprofits primarily in the area of homelessness, veterans and youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,438,187$1,424,541▼ $13,646
Savings and Temporary Cash Investments$20,533$53,742▲ $33,209
Cash and Non-Interest-Bearing Accounts$16,017--
Total Assets$1,474,737$1,478,283▲ $3,546
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,467,937$1,471,383▲ $3,446
Net Assets With Donor Restrictions$6,800$6,900▲ $100
Total Net Assets Fund Balance$1,474,737$1,478,283▲ $3,546
Total Liabilities and Net Assets / Fund Balance$1,474,737$1,478,283▲ $3,546

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,231,994$200,000▲ $49,827-$1,424,541
2018-$1,131,137▲ $105,043-$1,231,994
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Inez BergquistPresident
Barbara Knowles HansonBoard Member
David NickelBoard Member
John NuechterleinBoard Member
Lee BrantBoard Member
Rev Paul Lebens-englundBoard Member
Harriet McclearySecretary
Molly BottTreasurer
Bill NelsonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$55,265
Program Service Revenue
$0
Investment Income
$37,640
Other Revenue
$-3,010
All Other Contributions
$45,986
Change in Net Assets
$-27,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$95,350
Other Expenses$22,352
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$95,350--$95,350
Fees for Service Investment Mgmnt Fees-$13,166-$13,166
Fees for Services Accounting-$3,163-$3,163
Office Expenses-$2,305-$2,305
Information Technology-$1,665-$1,665
Fees for Services Management-$1,260-$1,260
Fees for Services Legal-$563-$563
Conferences and Meetings-$230-$230
Total Functional Expenses$95,350$22,352$0$117,702
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minnesota Assistance Council for VeMinneapolis, MN501c3See Part Iv$7,175
ST STEPHEN'S HUMAN SERVICESMinneapolis, MN501c3See Part Iv$7,175
The LinkMinneapolis, MN501c3See Part Iv$7,000
Ascension Place IncMinneapolis, MN501c3See Part Iv$6,000
The Lift GarageMinneapolis, MN501c3See Part Iv$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,010
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“The directors of wells foundation are elected by the executive committee of the cathedral church of st. Mark. The board of directors of wells foundation recommend a list of nominees.”

Form 990, Page 6, Part VI, Line 7B

“Amendments to the articles of wells foundation are subject to a two-thirds majority approval by the executive committee of the cathedral church of st. Mark.”

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

“A draft of the 990 return is reviewed by the finance committee and then submitted to the board of directors for approval. Once approved by the board of directors, the return is filed.”

Form 990, Page 6, Part VI, Line 12C

“On an annual basis, the board reviews the conflict of interest statements submitted by the board members.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and grants are available to the public on the foundation's website.”

Filing and Contact Details

Filer

Filer Name
Wells Memorial Inc
EIN
41-0694711
Phone
6512606312
Address
519 OAK GROVE STREET, MINNEAPOLIS, MN 55403
Doing Business As
Wells Foundation

Signing Officer

Name
Inez Bergquist
Title
President
Phone
6512606312
Signed
2020-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Inez Bergquist
Formed
1930
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
20

Preparer

Firm
Akins Henke and Company
Address
600 INWOOD AVENUE NORTH SUITE 160, OAKDALE, MN 55128
Preparer
Chris Henke
Phone
6516363806
Raw XML AppendixShowing 400 of 457 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE WELLS FOUNDATION PROVIDES SOCIAL SERVICE GRANTS TO NONPROFITS PRIMARILY IN THE AREA OF HOMELESSNESS, VETERANS AND YOUTH.
IRS990/AllOtherContributionsAmt045986
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LIN SHURTLEFF
IRS990/BooksInCareOfDetail/PhoneNum06512606312
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 651
IRS990/BooksInCareOfDetail/USAddress/CityNm0HUGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055038
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt016017
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0230
IRS990/ConferencesMeetingsGrp/TotalAmt0230
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt05232
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt055265
IRS990/CYGrantsAndSimilarPaidAmt095350
IRS990/CYInvestmentIncomeAmt037640
IRS990/CYOtherExpensesAmt022352
IRS990/CYOtherRevenueAmt0-3010
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-27807
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0117702
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt089895
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDED GRANTS TO SUPPORT SOLUTIONS TO HOMELESSNESS AND ITS ASSOCIATED ISSUES. THE FOUNDATION MADE GRANTS RANGING FROM 2,000 TO 7,175 TO 24 DIFFERENT ORGANIZATIONS SERVING HOMELESS YOUTH, VETERANS, CHILDREN AND FAMILIES AS WELL AS FORMERLY HOMELESS FAMILIES IN TRANSITIONAL HOUSING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0WELLS FOUNDATION
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt06800
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt06900
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt095350
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03163
IRS990/FeesForServicesAccountingGrp/TotalAmt03163
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0563
IRS990/FeesForServicesLegalGrp/TotalAmt0563
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01260
IRS990/FeesForServicesManagementGrp/TotalAmt01260
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt013166
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt013166
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt011.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0INEZ BERGQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm1BILL NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm2HARRIET MCCLEARY
IRS990/Form990PartVIISectionAGrp/PersonNm3MOLLY BOTT
IRS990/Form990PartVIISectionAGrp/PersonNm4LEE BRANT
IRS990/Form990PartVIISectionAGrp/PersonNm5BARBARA KNOWLES HANSON
IRS990/Form990PartVIISectionAGrp/PersonNm6REV PAUL LEBENS-ENGLUND
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID NICKEL
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN NUECHTERLEIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01930
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt05232
IRS990/FundraisingDirectExpensesAmt03010
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt095350
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt095350
IRS990/GrantsToDomesticOrgsGrp/TotalAmt095350
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt092905
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01665
IRS990/InformationTechnologyGrp/TotalAmt01665
IRS990/InvestmentIncomeGrp/ExclusionAmt037640
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037640
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01438187
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01424541
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE WELLS FOUNDATION PROVIDES SOCIAL SERVICE GRANTS TO NONPROFITS PRIMARILY IN THE AREA OF HOMELESSNESS, VETERANS AND YOUTH.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01474737
IRS990/NetAssetsOrFundBalancesEOYAmt01478283
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-3010
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3010
IRS990/NetUnrlzdGainsLossesInvstAmt031353
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01467937
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01471383
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02305
IRS990/OfficeExpensesGrp/TotalAmt02305
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0INEZ BERGQUIST
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01200897
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0106700
IRS990/PYInvestmentIncomeAmt061235
IRS990/PYOtherExpensesAmt023626
IRS990/PYOtherRevenueAmt0-3605
IRS990/PYRevenuesLessExpensesAmt01128201
IRS990/PYTotalExpensesAmt0130326
IRS990/PYTotalRevenueAmt01258527
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-27807
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt04047
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020533
IRS990/SavingsAndTempCashInvstGrp/EOYAmt053742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01200897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0104375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0153244
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0115639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01629420
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037640
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt045603
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02949
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06307
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02216
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094715
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85040
IRS990ScheduleA/PublicSupportPY170Pct00.87260
IRS990ScheduleA/PublicSupportTotal170Amt01466146
IRS990ScheduleA/SubstantialContributorsTotAmt0163274
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055265
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01200897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0104375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0153244
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0115639
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01629420
IRS990ScheduleA/TotalSupportAmt01724135
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01231994
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0200000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01424541
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt057280
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt049827
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt04186
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01131137
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01231994
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0105043
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt06000
IRS990ScheduleI/RecipientTable/CashGrantAmt17175
IRS990ScheduleI/RecipientTable/CashGrantAmt27175
IRS990ScheduleI/RecipientTable/CashGrantAmt36000
IRS990ScheduleI/RecipientTable/CashGrantAmt47000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SEE PART IV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SEE PART IV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SEE PART IV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SEE PART IV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SEE PART IV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ASCENSION PLACE INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MINNESOTA ASSISTANCE COUNCIL FOR VE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ST STEPHEN'S HUMAN SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE LIFT GARAGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4THE LINK
IRS990ScheduleI/RecipientTable/RecipientEIN0411396238
IRS990ScheduleI/RecipientTable/RecipientEIN1411694717
IRS990ScheduleI/RecipientTable/RecipientEIN2010639118
IRS990ScheduleI/RecipientTable/RecipientEIN3454444338
IRS990ScheduleI/RecipientTable/RecipientEIN4411920649
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01803 BRYANT AVENUE NORTH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12700 E LAKE STREET SUITE 3350
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22309 NICOLLET AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32401 E LAKE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41210 GLENWOOD AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm3MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm4MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055411
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd155406
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd255404
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd355406
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd455405
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION PERFORMS SITE VISITS AND PROCURES REPORTS OF GRANT MONEY USED FROM GRANTEES ON AN ANNUAL BASIS.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1FORM 990, SCHEDULE I - PURPOSE OF GRANTS: ASCENSION PLACE - SUPPORT THE EMERGENCY SHELTER PROGRAM FOR HOMELESS WOMEN-LED FAMILIES. MINNESOTA ASSISTANCE COUNCIL FOR VETERANS - PREVENT AND END VETERANS' HOMELESSNESS IN MINNESOTA. ST. STEPHEN'S HUMAN SERVCIES - SUPPORT STREET OUTREACH TEAM WORKING WITH PEOPLE EXPERIENCING HOMELESSNESS WITH SPECIAL EMPHASIS ON HOMELESS VETERANS. THE LIFT GARAGE - PROVIDE LOW-COST CAR REPAIRS FOR LOW-INCOME INDIVIDUALS AND HELP THEM RETAIN AND/OR RE-ESTABLISH STABILITY AND HOUSING. THE LINK - SUPPORT HOUSING AT LINDQUIST APARTMENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
IRS990ScheduleI/Total501c3OrgCnt05
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTORS OF WELLS FOUNDATION ARE ELECTED BY THE EXECUTIVE COMMITTEE OF THE CATHEDRAL CHURCH OF ST. MARK. THE BOARD OF DIRECTORS OF WELLS FOUNDATION RECOMMEND A LIST OF NOMINEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AMENDMENTS TO THE ARTICLES OF WELLS FOUNDATION ARE SUBJECT TO A TWO-THIRDS MAJORITY APPROVAL BY THE EXECUTIVE COMMITTEE OF THE CATHEDRAL CHURCH OF ST. MARK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE 990 RETURN IS REVIEWED BY THE FINANCE COMMITTEE AND THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. ONCE APPROVED BY THE BOARD OF DIRECTORS, THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ON AN ANNUAL BASIS, THE BOARD REVIEWS THE CONFLICT OF INTEREST STATEMENTS SUBMITTED BY THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND GRANTS ARE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1THE CATHED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE CATHEDRAL CHURCH OF ST MARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE FOUNDATION OF THE CATHEDRAL CHU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410693941
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1411775648
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RELIGIOUS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1INVESTMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0519 OAK GROVE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1519 OAK GROVE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1MINNEAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055403
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd155403
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01474737
IRS990/TotalAssetsEOYAmt01478283
IRS990/TotalAssetsGrp/BOYAmt01474737
IRS990/TotalAssetsGrp/EOYAmt01478283
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt055265
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022352
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt095350
IRS990/TotalFunctionalExpensesGrp/TotalAmt0117702
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,478,283
Liabilities
$0
Net assets
$1,478,283
Revenue
$89,895
Expenses
$117,702
Net income
-$27,807
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$0.16$0.15$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$0.14$0.14$0.01
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.00$1.68$0.10$0.13$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.00$1.55$0.10$0.15$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.00$1.87$0.11$0.12$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.09$0.12$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.00$1.47$1.26$0.13$1.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.10$0.11$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.16$0.11$0.05
2016Summary only. Only limited summary data is available for this year.$0.24$0.00$0.12$0.11$0.01
2015Summary only. Only limited summary data is available for this year.$0.23$0.00$0.11$0.09$0.03
2014Summary only. Only limited summary data is available for this year.$0.20$0.00$0.10$0.08$0.03
2013Summary only. Only limited summary data is available for this year.$0.18$0.00$0.11$0.07$0.04
2012Summary only. Only limited summary data is available for this year.$0.13$0.00$0.12$0.09$0.02
2011Summary only. Only limited summary data is available for this year.$0.11$0.00$0.12$0.06$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits