Public Charity

WELLS MOUNTAIN INITIATIVE INC

WELLS MOUNTAIN INITIATIVE INC, of BRISTOL, VT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $957K in revenue, $1.1M in expenses, $2.1M in total assets. 35 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.

EIN: 203823604 BRISTOL, VT Latest filing: 2024
Total Revenue$957K
Total Expenses$1.1M
Total Assets$2.1M
Grant Records35
Funding Total$1.3M
Filing Years2019–2024

Mission

TO CREATE SOCIAL CHANGE THROUGH EDUCATION AND COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS AND SKILLS TRAINING, BUILDING A NETWORK OF GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION.

Officers & Directors

DIRECTOR Afolobi Ogunnaike
DIRECTOR Christopher Lutz
DIRECTOR Didier Blesin
DIRECTOR Gail Nystrom
DIRECTOR Gwenael Apollon
DIRECTOR Jag Dalal

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR RECIPIENT'S EXEMPT PURPOSE
$403,000 3 grants
INTERNATIONAL
$282,200 3 grants
For grant recipient's exempt purposes
$241,675 8 grants
For recipient's exempt purpose
$110,000 1 grant
UNRESTRICTED GENERAL SUPPORT
$79,981 8 grants

Financial Trends

Year Revenue Expenses Assets
2024 $957K $1.1M $2.1M
2023 $959K $1.2M $2.1M
2022 $84K $1.0M $2.1M
2020 $2.6M $847K $3.4M
2019 $766K $656K $1.6M

Between 2019 and 2024, reported annual revenue grew from $766K to $957K (+25%), with total assets most recently reported at $2.1M.

Interactive year-over-year charts and full filing details available with membership.

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