Drink at the Well Inc
Nonprofit profile at a glance
- EIN
- 900975599
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Curtis Bay, MD, USA
- Phone
- 4105896670
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $2,069,829
- Expenses
- $1,396,592
- Assets
- $1,746,793
- Liabilities
- $163,204
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- AMANDA MEMMEL (FOUNDER / EXECUTIVE DIRECTOR)
Highest reported compensation
- AMANDA MEMMEL (FOUNDER / EXECUTIVE DIRECTOR): $85,832 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The well is a community of women being transformed through long-term relationships, practical programs, and the healing power of love.
What it reported doing in 2024
COR (Community Opportunity Responsibility) Life Development- The Well journeys alongside women survivors as they build a plan to work toward their goals. The Well offers them the opportunity to learn life skills through workshops, counseling, life planning, resources, and mentorship. Outreach- The Well provides essential needs to the community through a drop-in center to provide food, clothing, casework, showers, and other resources. This is where trust and relationships are built. Childcare- This service is free to those in our programs or employed at Hons Honey. Reliable and safe child care empowers women to achieve their goals. Residential Development- The Well currently provides two housing units that can accommodate up to four women. Safe and affordable housing removes a barrier for women to achieve their goals. Hons Honey- A social enterprise where woman survivors in our COR Life Development Program can earn fair wages to learn to sustain themselves and become a part of a healing work community.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Accountability: 92
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.9%; rating input score 66
- Program expense ratio: 78.9%; rating input score 79
- Fundraising efficiency: $15.93 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 17th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 32.5%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 1.25; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 6.1%; rating input score 46; 46th percentile among comparable filings
Growth
- Program expense growth: 31.6% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 32% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 35.4% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 65.9% of revenue deployed · 78.9% of spending went to programs
- Governance: 6 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $86K · 7 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Moderate — Sustainability: Officer compensation ratio scored 46/100.