Civic Intelligence

The Well Training Ministry Inc

EIN 80-0153299 • 501(c)3 • Lutz, FL

Profile

The well bible study ministry, inc. (the well) is a 501(c)(3), is an inter-generational (ages 16+), inter-denominational women's training and discipleship ministry birthed from the conviction that there should be christian environments where women can be trained by other women in discipleship. We offer bible studies, trainings, events and conferences all aimed at helping women grow and contribute in the direction of their christian faith.

19301 Livingston AvenueLutz, FL 33559

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.21x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.68x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$3,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

57th percentile

5.9%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-0.9%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$666,394

Up $37,376 (+5.9%) from 2023

Liabilities

Down

$139,434

Down $35,061 (-20%) from 2023

Net Assets

Up

$526,960

Up $72,437 (+16%) from 2023

Revenue

Down

$205,668

Down $1,839 (-0.9%) from 2023

Expenses

Down

$131,503

Down $741 (-0.6%) from 2023

Net Income

Down

$74,165

Down $1,098 (-1.5%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2012: $5,075Liabilities 2012: $519Net Assets 2012: $4,5562012Assets 2013: $11,662Liabilities 2013: $1,144Net Assets 2013: $10,5182013Assets 2014: $29,791Liabilities 2014: $2,994Net Assets 2014: $26,7972014Assets 2015: $42,747Liabilities 2015: $2,563Net Assets 2015: $40,1842015Assets 2016: $66,198Liabilities 2016: $2,600Net Assets 2016: $63,5982016Assets 2017: $94,580Liabilities 2017: $5,120Net Assets 2017: $89,4602017Assets 2018: $133,519Liabilities 2018: $1,176Net Assets 2018: $132,3432018Assets 2019: $217,704Liabilities 2019: $4,036Net Assets 2019: $213,6682019Assets 2020: $546,497Liabilities 2020: $259,502Net Assets 2020: $286,9952020Assets 2021: $563,224Liabilities 2021: $237,515Net Assets 2021: $325,7092021Assets 2022: $599,655Liabilities 2022: $220,396Net Assets 2022: $379,2592022Assets 2023: $629,018Liabilities 2023: $174,495Net Assets 2023: $454,5232023Assets 2024: $666,394Liabilities 2024: $139,434Net Assets 2024: $526,9602024

Highlighted filing

2024

Assets$666,394
Liabilities$139,434
Net Assets$526,960

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $67,530Expenses 2012: $69,248Net Income 2012: -$1,7182012Revenue 2013: $92,397Expenses 2013: $86,435Net Income 2013: $5,9622013Revenue 2014: $117,597Expenses 2014: $101,317Net Income 2014: $16,2802014Revenue 2015: $153,397Expenses 2015: $140,010Net Income 2015: $13,3872015Revenue 2016: $190,594Expenses 2016: $167,180Net Income 2016: $23,4142016Revenue 2017: $146,345Expenses 2017: $120,483Net Income 2017: $25,8622017Revenue 2018: $84,404Expenses 2018: $41,521Net Income 2018: $42,8832018Revenue 2019: $135,130Expenses 2019: $53,805Net Income 2019: $81,3252019Revenue 2020: $156,889Expenses 2020: $83,562Net Income 2020: $73,3272020Revenue 2021: $169,151Expenses 2021: $130,437Net Income 2021: $38,7142021Revenue 2022: $145,503Expenses 2022: $91,942Net Income 2022: $53,5612022Revenue 2023: $207,507Expenses 2023: $132,244Net Income 2023: $75,2632023Revenue 2024: $205,668Expenses 2024: $131,503Net Income 2024: $74,1652024

Highlighted filing

2024

Revenue$205,668
Expenses$131,503
Net Income$74,165

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 7, 2025
Return Version
2024v5.2
Gross Receipts
$269,542
Mission and Program Overview

Mission

The well bible study ministry, inc. (the well) is a spiritual training ministry for women with a two-fold mission: to encourage maturity in the christian faith through bible study, prayer and accountability; and to help women develop in ministry and leadership, empowering them to serve in their churches and community more effectively. The well is an interdenominational and independent non-profit organization. Child watch is provided at meetings, and a weekly well e-mail is sent to members. Other activities include charitable outreach and conferences/retreats.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$541,868$528,811▼ $13,057
Cash and Non-Interest-Bearing Accounts$69,545$76,821▲ $7,276
Prepaid Expenses and Deferred Charges$17,605$60,762▲ $43,157
Total Assets$629,018$666,394▲ $37,376
Liabilities
Mortgage Notes Payable Secured by Investment Property$171,648$130,194▼ $41,454
Other Liabilities$2,847$9,240▲ $6,393
Total Liabilities$174,495$139,434▼ $35,061
Net Assets / Fund Balance
Total Net Assets Fund Balance$454,523$526,960▲ $72,437
Total Liabilities and Net Assets / Fund Balance$629,018$666,394▲ $37,376

Asset Categories

AssetBook ValueDepreciationBasis
Land$218,998-$218,998
Leasehold Improvements$147,292$29,916$177,208
Buildings$155,091$17,384$172,475
Equipment$5,094$13,286$18,380
Other Land Buildings$2,336$1,018$3,354
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ivy ReederBoard Member/Community AdminPT$3,000$3,000
Marisa GeorgeSecretaryPT$3,000$3,000
Nikki SomervilleBoard Member/Social MediaPT$3,000$3,000
Revenue and Support

Revenue Composition

Contributions and Grants
$192,850
Program Service Revenue
$0
Investment Income
$103
Other Revenue
$12,715
All Other Contributions
$116,261
Change in Net Assets
$74,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,621
Salaries, Compensation, and Employee Benefits$26,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,445--$24,445
Depreciation Depletion-$14,209-$14,209
All Other Expenses$3,552$7,320-$10,872
Fees for Services Legal$9,000--$9,000
Insurance$5,616--$8,904
Interest---$7,645
Fees for Services Management$7,500--$7,500
Other Expenses---$6,500
Office Expenses---$4,963
Fees for Services Accounting$3,000--$3,000
Payroll Taxes$2,437--$2,437
Occupancy$2,272--$2,272
Travel$1,866--$1,866
Fees for Services Other---$900
Advertising---$395
Total Functional Expenses$59,688$21,529$0$131,503
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,589
Fundraising Direct Expenses$63,874
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Events$76,589$76,589-$76,589
Total Events$76,589$76,589-$76,589
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$8,750
Credit card payable$485
Payroll tax payable$5
Sales tax payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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, Part VI, Line 11B

Organizations Process to Review Form 990 - An Enrolled Agent to practice before the IRS has been engaged to prepare the Form 990. Susan Walther acted as representative to review Form 990.

Form 990, Part VI, Line 12C

Enforcement of Conflicts Policy - The policy is enforced by a yearly review in which all staff and board members are evaluated and given Q A forms to update with any conflicts of interest. The forms are reviewed by the COI committee and recommendations are made if any conflicts are present.

Form 990, Part VI, Line 19

Governing Document Disclosure Explanation - All governing documents are made available to the purlic upon request.

Filing and Contact Details

Filer

Filer Name
The Well Training Ministry Inc
EIN
80-0153299
Phone
8139666205
Address
19301 Livingston Avenue, Lutz, FL 33559

Signing Officer

Name
Susan Walther
Title
President
Phone
8139666205
Signed
2025-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Walther
Formed
2008
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
0
Employees
10

Preparer

Firm
Betty L Adams
Address
15711 Crying Wind Drive, Tampa, FL 33624-1560
Preparer
Betty L Adams EA
Phone
8137858851
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Organization Mission - The Well Bible Study Ministry, Inc. The Well is a 503c3, is an inter-generational ages 16, inter-generational womens training and disciplineship ministry birthed from the conviction there should be Christian environments where women may be trained by other women in discipleship. We offer Bible studies, training, events, and conferences all aimed at helping women grow and contribute in the direction of their Christian faith.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0212151
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0184594
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0175558
IRS990ScheduleA/Total509Grp/TotalAmt01058572
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0269542
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0212253
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0184851
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0175908
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01059486
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0155091
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017384
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0172475
IRS990ScheduleD/EquipmentGrp/BookValueAmt05094
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013286
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018380
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0218998
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0218998
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Credit card payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Payroll tax payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Sales tax payable
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0528811
IRS990ScheduleD/TotalLiabilityAmt09240
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fundraising Events
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt076589
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt076589
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt076589
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt076589
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization Mission - The Well Bible Study Ministry, Inc. The Well is a 503c3, is an inter-generational ages 16, inter-generational womens training and disciplineship ministry birthed from the conviction there should be Christian environments where women may be trained by other women in discipleship. We offer Bible studies, training, events, and conferences all aimed at helping women grow and contribute in the direction of their Christian faith.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organizations Process to Review Form 990 - An Enrolled Agent to practice before the IRS has been engaged to prepare the Form 990. Susan Walther acted as representative to review Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Enforcement of Conflicts Policy - The policy is enforced by a yearly review in which all staff and board members are evaluated and given Q A forms to update with any conflicts of interest. The forms are reviewed by the COI committee and recommendations are made if any conflicts are present.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing Document Disclosure Explanation - All governing documents are made available to the purlic upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt059688
IRS990/TotalFunctionalExpensesGrp/TotalAmt0131503
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0174495
IRS990/TotalLiabilitiesEOYAmt0139434
IRS990/TotalLiabilitiesGrp/BOYAmt0174495
IRS990/TotalLiabilitiesGrp/EOYAmt0139434
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0526960
IRS990/TotalProgramServiceExpensesAmt059688
IRS990/TotalReportableCompFromOrgAmt09000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0205668
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0629018
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0666394
IRS990/TravelGrp/ProgramServicesAmt01866
IRS990/TravelGrp/TotalAmt01866
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03144 Lois Court
IRS990/USAddress/CityNm0Land O Lakes
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034639
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Susan Walther
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08139666205
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Well Training Ministry Inc
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0800153299
ReturnHeader/Filer/PhoneNum08139666205
ReturnHeader/Filer/USAddress/AddressLine1Txt019301 Livingston Avenue
ReturnHeader/Filer/USAddress/CityNm0Lutz
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033559
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510420833
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Betty L Adams
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015711 Crying Wind Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tampa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0336241560
ReturnHeader/PreparerPersonGrp/PhoneNum08137858851
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Betty L Adams EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-07T04:51:04-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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