Civic Intelligence

B Well Foundation Inc.

990EZ • Fiscal year 2022 • EIN 85-2167776

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 15, 2022

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

38th percentile

-0.7%

Higher net margin than 38% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

44th percentile

-1.3%

Faster asset growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$46,225

Down $592 (-1.3%) from 2021

Net Assets

Down

$46,225

Down $592 (-1.3%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$82,209

Down $17,170 (-17%) from 2021

Expenses

Up

$82,801

Up $30,239 (+58%) from 2021

Net Income

Down

-$592

Down $47,409 (-101%) from 2021

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

2022

Assets$46,225
Liabilities-
Net Assets$46,225

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

2022

Revenue$82,209
Expenses$82,801
Net Income-$592
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$82,209
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 SCHOOL (DMPS) STUDENTS, STAFF, ADMINISTRATION AND TEACHERS BY OFFERING FINANCIAL SUPPORT TO PURCHASE BASIC NEEDS, PROGRAMMING OPPORTUNITIES FOR STUDENTS, AND SUPPLIES FOR SCHOOL STAFF. THROUGH KNOWLEDGE IS POWER, THE FOUNDATION PROVIDES ASSISTANCE WHERE OTHER SUPPORTS CANNOT OR HAVE NOT REACHED: CREATION OF STUDENT CALM DOWN ROOMS AND STUDENT LOUNGES; CULTURALLY INCLUSIVE SCHOOL COUNSELING LIBRARY AND TRAUMA-INFORMED CARE RESOURCES; FIELD TRIP AND CAMP FEES FOR STUDENTS; AND DOLLARS FOR PERSONAL AND FAMILY EMERGENCY NEEDS OF STUDENTS AND FAMILIES. THROUGH THESE FUNDS, FAMILIES HAVE BEEN ABLE TO AFFORD RENT, KEEP UTILITIES ON, PAY MEDICAL BILLS, BUY WINTER CLOTHING, AND HAVE FOOD AT HOME DURING HOLIDAY/WINTER SCHOOL BREAKS, AND MORE. ACCESS TO THESE ESSENTIAL ITEMS ENSURE STUDENTS CAN CONTINUE ATTENDING SCHOOL AND RECEIVE A BETTER EDUCATION.$20,437$36,417
COMMUNITY EVENTS - THE FOUNDATION HAS ORGANIZED OR TAKEN PART IN NUMEROUS COMMUNITY-DRIVEN EVENTS WITH WELL-RESPECTED ORGANIZATIONS TO HELP CREATE A SENSE OF BELONGING AND CONNECTION TO HELP THE DES MOINES YOUTH FIND PURPOSE, SET GOALS AND SUCCEED. THE FOUNDATION IS AN ACTIVE PARTNER, PARTICIPANT AND SPONSOR OF MANY LOCAL ACTIVITIES, INCLUDING ANNUAL BACK2SCHOOL BASHES, COMMUNITY DAY CELEBRATIONS AND BENEFIT CONCERTS. BEYOND SCHOOL-BASED EVENTS, THE FOUNDATION HOSTS A NUMBER OF BROADER-COMMUNITY EVENTS. ONE SUCH EVENT IS THE MOVE. THE MOVE GATHERS TALENTED CREATIVES FROM ALL OVER THE STATE OF IOWA SHOWCASING TALENT FROM ALL DIFFERENT REALMS. THE MOVE PROVIDES AN INCLUSIVE SPACE TO CONNECT ARTISANS OF ALL GENERATIONS, TO INSPIRE AND BE INSPIRED, TO FURTHER BUILD UP A SHARED COMMUNITY.$29,559$29,559
LONG SHOTS IS AN ANNUAL 3-ON-3 BASKETBALL TOURNAMENT THAT BRINGS TOGETHER COACHES, COMMUNITY MEMBERS AND ATHLETES FOR A COMPETITION WITHOUT FINANCIAL OBLIGATION. UNLIKE OTHER COMPETITIVE SPORTS THAT TYPICALLY REQUIRE A LARGE FINANCIAL COMMITMENT FOR FAMILIES, THIS EVENT BRINGS MONEY BACK IN TO THE COMMUNITY THROUGH INVOLVEMENT OF AREA SMALL BUSINESSES, OFTEN MINORITY- OWNED (IF NOT ALL), TO PROVIDE A CLOTHING MARKET, YOGA, FOOD, DRINKS, ETC. THE FULL- DAY EVENT FEATURES MUSIC, ART, FAMILY ACTIVITIES, COMPETITIVE BASKETBALL AND MORE. ANOTHER UNIQUE COMPONENT OF LONG SHOTS IS THE GIVE- BACK OPPORTUNITIES FOR STUDENT ATHLETES THROUGH THE PROVISION OF COMMUNITY GIVING GRANTS TO EACH SCHOOL PROGRAM. THESE SCHOOL PROGRAM AWARDS SUPPORT STUDENTS IN LEARNING VALUABLE LESSONS IN HOW TO SUPPORT AND CARE FOR THEIR OWN COMMUNITIES AS THEY BECOME ACTIVE CITIZENS IN THE YEARS TO COME, SHOWING ITS NEVER TOO EARLY TO BE THE DIFFERENCE IN THEIR COMMUNITIES.$5,000$12,873
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BECCA MATALONISecretary-$0--
KATELYN STESSMAN RESIGNED 51722TreasurerPT$0--
TAYLOR ROGERSPresidentPT$0--
AUSTIN NEALVice Preside-$0--
AUDRIANA LU-UHKLEN STARTED 53022Treasurer-$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
2022-11-15
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 20,437 cash contribution: 8,809

Form 990-ez, Part I, Line 10

Name: des moines north high school address: 501 holcomb avenue des moines, ia 50313 cash contribution: 11,250

Form 990-ez, Part I, Line 16

Expenses advertising 3,532 office expenses 1,863 it expense 699 travel expenses 784 insurance expense 2,075 supplies 648 business meals 211 outside services 1,050 bank charges 30 miscellaneous 250 event expenses 7,129 shipping 622 dues & subscriptions 90 merchandise purchases 8,736 taxes & licenses 86 total 27,805

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 school (dmps) students, staff, administration and teachers by offering financial support to purchase basic needs, programming opportunities for students, and supplies for school staff. Through knowledge is power, the foundation provides assistance where other supports cannot or have not reached: creation of student calm down rooms and student lounges; culturally inclusive school counseling library and trauma-informed care resources; field trip and camp fees for students; and dollars for personal and family emergency needs of students and families. Through these funds, families have been able to afford rent, keep utilities on, pay medical bills, buy winter clothing, and have food at home during holiday/winter school breaks, and more. Access to these essential items ensure students can continue attending school and receive a better education.

Form 990-ez, Part III, Line 29

Long shots is an annual 3-on-3 basketball tournament that brings together coaches, community members and athletes for a competition without financial obligation. Unlike other competitive sports that typically require a large financial commitment for families, this event brings money back in to the community through involvement of area small businesses, often minority- owned (if not all), to provide a clothing market, yoga, food, drinks, etc. The full- day event features music, art, family activities, competitive basketball and more. Another unique component of long shots is the give- back opportunities for student athletes through the provision of community giving grants to each school program. These school program awards support students in learning valuable lessons in how to support and care for their own communities as they become active citizens in the years to come, showing its never too early to be the difference in their communities.

Form 990-ez, Part III, Line 30

Community events - the foundation has organized or taken part in numerous community-driven events with well-respected organizations to help create a sense of belonging and connection to help the des moines youth find purpose, set goals and succeed. The foundation is an active partner, participant and sponsor of many local activities, including annual back2school bashes, community day celebrations and benefit concerts. Beyond school-based events, the foundation hosts a number of broader-community events. One such event is the move. The move gathers talented creatives from all over the state of iowa showcasing talent from all different realms. The move provides an inclusive space to connect artisans of all generations, to inspire and be inspired, to further build up a shared community.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 20,437 CASH CONTRIBUTION: 8,809
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: DES MOINES NORTH HIGH SCHOOL ADDRESS: 501 HOLCOMB AVENUE DES MOINES, IA 50313 CASH CONTRIBUTION: 11,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 3,532 OFFICE EXPENSES 1,863 IT EXPENSE 699 TRAVEL EXPENSES 784 INSURANCE EXPENSE 2,075 SUPPLIES 648 BUSINESS MEALS 211 OUTSIDE SERVICES 1,050 BANK CHARGES 30 MISCELLANEOUS 250 EVENT EXPENSES 7,129 SHIPPING 622 DUES & SUBSCRIPTIONS 90 MERCHANDISE PURCHASES 8,736 TAXES & LICENSES 86 TOTAL 27,805
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEVELOP AND EXPAND YOUNG MINDS BY BUILDING CHARACTER THROUGH MENTORSHIP AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KNOWLEDGE IS POWER STRIVES TO OFFSET THE NEEDS OF 32,000+ DES MOINES PUBLIC SCHOOL (DMPS) STUDENTS, STAFF, ADMINISTRATION AND TEACHERS BY OFFERING FINANCIAL SUPPORT TO PURCHASE BASIC NEEDS, PROGRAMMING OPPORTUNITIES FOR STUDENTS, AND SUPPLIES FOR SCHOOL STAFF. THROUGH KNOWLEDGE IS POWER, THE FOUNDATION PROVIDES ASSISTANCE WHERE OTHER SUPPORTS CANNOT OR HAVE NOT REACHED: CREATION OF STUDENT CALM DOWN ROOMS AND STUDENT LOUNGES; CULTURALLY INCLUSIVE SCHOOL COUNSELING LIBRARY AND TRAUMA-INFORMED CARE RESOURCES; FIELD TRIP AND CAMP FEES FOR STUDENTS; AND DOLLARS FOR PERSONAL AND FAMILY EMERGENCY NEEDS OF STUDENTS AND FAMILIES. THROUGH THESE FUNDS, FAMILIES HAVE BEEN ABLE TO AFFORD RENT, KEEP UTILITIES ON, PAY MEDICAL BILLS, BUY WINTER CLOTHING, AND HAVE FOOD AT HOME DURING HOLIDAY/WINTER SCHOOL BREAKS, AND MORE. ACCESS TO THESE ESSENTIAL ITEMS ENSURE STUDENTS CAN CONTINUE ATTENDING SCHOOL AND RECEIVE A BETTER EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LONG SHOTS IS AN ANNUAL 3-ON-3 BASKETBALL TOURNAMENT THAT BRINGS TOGETHER COACHES, COMMUNITY MEMBERS AND ATHLETES FOR A COMPETITION WITHOUT FINANCIAL OBLIGATION. UNLIKE OTHER COMPETITIVE SPORTS THAT TYPICALLY REQUIRE A LARGE FINANCIAL COMMITMENT FOR FAMILIES, THIS EVENT BRINGS MONEY BACK IN TO THE COMMUNITY THROUGH INVOLVEMENT OF AREA SMALL BUSINESSES, OFTEN MINORITY- OWNED (IF NOT ALL), TO PROVIDE A CLOTHING MARKET, YOGA, FOOD, DRINKS, ETC. THE FULL- DAY EVENT FEATURES MUSIC, ART, FAMILY ACTIVITIES, COMPETITIVE BASKETBALL AND MORE. ANOTHER UNIQUE COMPONENT OF LONG SHOTS IS THE GIVE- BACK OPPORTUNITIES FOR STUDENT ATHLETES THROUGH THE PROVISION OF COMMUNITY GIVING GRANTS TO EACH SCHOOL PROGRAM. THESE SCHOOL PROGRAM AWARDS SUPPORT STUDENTS IN LEARNING VALUABLE LESSONS IN HOW TO SUPPORT AND CARE FOR THEIR OWN COMMUNITIES AS THEY BECOME ACTIVE CITIZENS IN THE YEARS TO COME, SHOWING ITS NEVER TOO EARLY TO BE THE DIFFERENCE IN THEIR COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMMUNITY EVENTS - THE FOUNDATION HAS ORGANIZED OR TAKEN PART IN NUMEROUS COMMUNITY-DRIVEN EVENTS WITH WELL-RESPECTED ORGANIZATIONS TO HELP CREATE A SENSE OF BELONGING AND CONNECTION TO HELP THE DES MOINES YOUTH FIND PURPOSE, SET GOALS AND SUCCEED. THE FOUNDATION IS AN ACTIVE PARTNER, PARTICIPANT AND SPONSOR OF MANY LOCAL ACTIVITIES, INCLUDING ANNUAL BACK2SCHOOL BASHES, COMMUNITY DAY CELEBRATIONS AND BENEFIT CONCERTS. BEYOND SCHOOL-BASED EVENTS, THE FOUNDATION HOSTS A NUMBER OF BROADER-COMMUNITY EVENTS. ONE SUCH EVENT IS THE MOVE. THE MOVE GATHERS TALENTED CREATIVES FROM ALL OVER THE STATE OF IOWA SHOWCASING TALENT FROM ALL DIFFERENT REALMS. THE MOVE PROVIDES AN INCLUSIVE SPACE TO CONNECT ARTISANS OF ALL GENERATIONS, TO INSPIRE AND BE INSPIRED, TO FURTHER BUILD UP A SHARED COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 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/SignatureDt02022-11-15
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/ReturnTs02022-11-15T09:54:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BECCA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MATALONI
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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