Civic Intelligence

B Well Foundation Inc.

990EZ • Fiscal year 2021 • EIN 85-2167776

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 14, 2021

1810 6th AveDes Moines, IA 50314

(712) 210-4966

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

85th percentile

47%

Higher net margin than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$46,817

No earlier filing loaded for comparison.

Net Assets

$46,817

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$99,379

No earlier filing loaded for comparison.

Expenses

$52,562

No earlier filing loaded for comparison.

Net Income

$46,817

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2021: $46,817Net Assets 2021: $46,8172021Assets 2022: $46,225Net Assets 2022: $46,2252022Assets 2023: $30,063Net Assets 2023: $30,0632023Assets 2024: $14,985Liabilities 2024: $16Net Assets 2024: $14,9692024

Highlighted filing

2021

Assets$46,817
Liabilities-
Net Assets$46,817

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2021: $99,379Expenses 2021: $52,562Net Income 2021: $46,8172021Revenue 2022: $82,209Expenses 2022: $82,801Net Income 2022: -$5922022Revenue 2023: $123,652Expenses 2023: $139,815Net Income 2023: -$16,1632023Revenue 2024: $209,236Expenses 2024: $227,710Net Income 2024: -$18,4742024

Highlighted filing

2021

Revenue$99,379
Expenses$52,562
Net Income$46,817
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 14, 2021
Return Version
2020v4.0
Gross Receipts
$99,379
Mission and Program Overview

Mission

Develop and expand young minds by building character through mentorship and education.

Program Services

DescriptionGrantsExpenses
KNOWLEDGE IS POWER STRIVES TO OFFSET THE NEEDS OF 32,000+ DES MOINES PUBLIC SCHOOLS STUDENTS, STAFF, ADMINISTRATION AND TEACHERS BY OFFERING FINANCIAL SUPPORT TO PURCHASE BASIC NEEDS. THIS AUDIENCE CAN APPLY FOR FUNDS BY VISITING BWELLFOUNDATION.ORG/KNOWLEDGE-IS-POWER. THROUGH THESE FUNDS, FAMILIES HAVE BEEN ABLE TO AFFORD RENT, PAY MEDICAL BILLS AND BUY WINTER CLOTHING, JUST TO NAME A FEW. ACCESS TO THESE ESSENTIAL ITEMS ENSURE STUDENTS CAN CONTINUE ATTENDING SCHOOL AND RECEIVE A BETTER EDUCATION.$15,634$23,529
COLLABORATED WITH DES MOINES PUBLIC SCHOOLS SUCCESS CASE MANAGERS AND COMMUNITY COORDINATORS AT FIVE TITLE I SCHOOLS TO PROVIDE FINANCIAL SUPPORT TO APPROVED FAMILIES DURING THE HOLIDAY SEASON. WITHOUT THIS SUPPORT, THE FAMILIES WOULDNT HAVE BEEN ABLE TO PURCHASE GIFTS FOR THEIR CHILDREN OR PROVIDE FOOD WHILE SCHOOL WAS CLOSED FOR HOLIDAY VACATION.$19,200$19,200
IN OCTOBER 2020, THE FOUNDATION EXECUTED A 3-ON-3 TOURNAMENT TO SUPPORT BASKETBALL PROGRAMS AT THE FIVE DES MOINES PUBLIC SCHOOLS HIGH SCHOOLS AND FOR SPRING BOYS AND GIRLS BASKETBALL LEAGUES THROUGH A PARTNERSHIP WITH THE GRUBB YMCA. UNLIKE OTHER COMPETITIVE SPORTS THAT TYPICALLY REQUIRE A LARGE FINANCIAL COMMITMENT FOR FAMILIES, THIS EVENT BROUGHT MONEY.$5,000$8,745
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BECCA MATALONISecretary-$0--
KATELYN STESSMANTreasurer-$0--
TAYLOR ROGERSPresident-$0--
AUSTIN NEALVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
B Well Foundation Inc
EIN
85-2167776
Phone
7122104966
Address
1810 6TH AVE, DES MOINES, IA 50314

Signing Officer

Name
Becca Mataloni
Title
Secretary
Phone
7122104966
Signed
2021-11-14
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 15,634 cash contribution: 19,200

Form 990-ez, Part I, Line 16

Expenses advertising 1,324 office expenses 230 it expense 1,500 travel expenses 2,035 insurance expense 1,974 supplies 1,707 business meals 89 outside services 150 bank charges 27 legal and professional 1,500 fundraising supplies 592 total 11,128

Form 990-ez, Part III

Develop and expand young minds by building character through mentorship and education.

Form 990-ez, Part III, Line 28

Knowledge is power strives to offset the needs of 32,000+ des moines public schools students, staff, administration and teachers by offering financial support to purchase basic needs. This audience can apply for funds by visiting bwellfoundation.org/knowledge-is-power. Through these funds, families have been able to afford rent, pay medical bills and buy winter clothing, just to name a few. Access to these essential items ensure students can continue attending school and receive a better education.

Form 990-ez, Part III, Line 29

In october 2020, the foundation executed a 3-on-3 tournament to support basketball programs at the five des moines public schools high schools and for spring boys and girls basketball leagues through a partnership with the grubb ymca. Unlike other competitive sports that typically require a large financial commitment for families, this event brought money.

Form 990-ez, Part III, Line 30

Collaborated with des moines public schools success case managers and community coordinators at five title i schools to provide financial support to approved families during the holiday season. Without this support, the families wouldnt have been able to purchase gifts for their children or provide food while school was closed for holiday vacation.

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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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IRS990EZ/PrintingPublicationsPostageAmt01600
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KNOWLEDGE IS POWER STRIVES TO OFFSET THE NEEDS OF 32,000+ DES MOINES PUBLIC SCHOOLS STUDENTS, STAFF, ADMINISTRATION AND TEACHERS BY OFFERING FINANCIAL SUPPORT TO PURCHASE BASIC NEEDS. THIS AUDIENCE CAN APPLY FOR FUNDS BY VISITING BWELLFOUNDATION.ORG/KNOWLEDGE-IS-POWER. THROUGH THESE FUNDS, FAMILIES HAVE BEEN ABLE TO AFFORD RENT, PAY MEDICAL BILLS AND BUY WINTER CLOTHING, JUST TO NAME A FEW. ACCESS TO THESE ESSENTIAL ITEMS ENSURE STUDENTS CAN CONTINUE ATTENDING SCHOOL AND RECEIVE A BETTER EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1IN OCTOBER 2020, THE FOUNDATION EXECUTED A 3-ON-3 TOURNAMENT TO SUPPORT BASKETBALL PROGRAMS AT THE FIVE DES MOINES PUBLIC SCHOOLS HIGH SCHOOLS AND FOR SPRING BOYS AND GIRLS BASKETBALL LEAGUES THROUGH A PARTNERSHIP WITH THE GRUBB YMCA. UNLIKE OTHER COMPETITIVE SPORTS THAT TYPICALLY REQUIRE A LARGE FINANCIAL COMMITMENT FOR FAMILIES, THIS EVENT BROUGHT MONEY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2COLLABORATED WITH DES MOINES PUBLIC SCHOOLS SUCCESS CASE MANAGERS AND COMMUNITY COORDINATORS AT FIVE TITLE I SCHOOLS TO PROVIDE FINANCIAL SUPPORT TO APPROVED FAMILIES DURING THE HOLIDAY SEASON. WITHOUT THIS SUPPORT, THE FAMILIES WOULDNT HAVE BEEN ABLE TO PURCHASE GIFTS FOR THEIR CHILDREN OR PROVIDE FOOD WHILE SCHOOL WAS CLOSED FOR HOLIDAY VACATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 15,634 CASH CONTRIBUTION: 19,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,324 OFFICE EXPENSES 230 IT EXPENSE 1,500 TRAVEL EXPENSES 2,035 INSURANCE EXPENSE 1,974 SUPPLIES 1,707 BUSINESS MEALS 89 OUTSIDE SERVICES 150 BANK CHARGES 27 LEGAL AND PROFESSIONAL 1,500 FUNDRAISING SUPPLIES 592 TOTAL 11,128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEVELOP AND EXPAND YOUNG MINDS BY BUILDING CHARACTER THROUGH MENTORSHIP AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KNOWLEDGE IS POWER STRIVES TO OFFSET THE NEEDS OF 32,000+ DES MOINES PUBLIC SCHOOLS STUDENTS, STAFF, ADMINISTRATION AND TEACHERS BY OFFERING FINANCIAL SUPPORT TO PURCHASE BASIC NEEDS. THIS AUDIENCE CAN APPLY FOR FUNDS BY VISITING BWELLFOUNDATION.ORG/KNOWLEDGE-IS-POWER. THROUGH THESE FUNDS, FAMILIES HAVE BEEN ABLE TO AFFORD RENT, PAY MEDICAL BILLS AND BUY WINTER CLOTHING, JUST TO NAME A FEW. ACCESS TO THESE ESSENTIAL ITEMS ENSURE STUDENTS CAN CONTINUE ATTENDING SCHOOL AND RECEIVE A BETTER EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN OCTOBER 2020, THE FOUNDATION EXECUTED A 3-ON-3 TOURNAMENT TO SUPPORT BASKETBALL PROGRAMS AT THE FIVE DES MOINES PUBLIC SCHOOLS HIGH SCHOOLS AND FOR SPRING BOYS AND GIRLS BASKETBALL LEAGUES THROUGH A PARTNERSHIP WITH THE GRUBB YMCA. UNLIKE OTHER COMPETITIVE SPORTS THAT TYPICALLY REQUIRE A LARGE FINANCIAL COMMITMENT FOR FAMILIES, THIS EVENT BROUGHT MONEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COLLABORATED WITH DES MOINES PUBLIC SCHOOLS SUCCESS CASE MANAGERS AND COMMUNITY COORDINATORS AT FIVE TITLE I SCHOOLS TO PROVIDE FINANCIAL SUPPORT TO APPROVED FAMILIES DURING THE HOLIDAY SEASON. WITHOUT THIS SUPPORT, THE FAMILIES WOULDNT HAVE BEEN ABLE TO PURCHASE GIFTS FOR THEIR CHILDREN OR PROVIDE FOOD WHILE SCHOOL WAS CLOSED FOR HOLIDAY VACATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BECCA MATALONI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07122104966
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0B WELL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BWEL
ReturnHeader/Filer/EIN0852167776
ReturnHeader/Filer/PhoneNum07122104966
ReturnHeader/Filer/USAddress/AddressLine1Txt01810 6TH AVE
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050314
ReturnHeader/ReturnTs02021-11-15T11:23:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BECCA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MATALONI
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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