The Gathering Well
Nonprofit profile at a glance
- EIN
- 853298369
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Sioux Falls, SD, USA
- Phone
- 6052140364
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adoption
- Affiliation
- Christianity
Reported finances
- Revenue
- $130,486
- Expenses
- $48,874
- Assets
- $87,435
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- CARA DEHAAN (DIRECTOR)
- SHANNON BEHREND (DIRECTOR)
- ERIC DEHAAN (DIRECTOR/TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The gathering well supports, educates, and inspires adoptive and foster families with relevant connection opportunities and resources. We recognize jesus christ as the source of hope and healing and believe that no one should be on this journey alone. We are a board-run, 501(c)3 organization based in sioux falls, sd that exists to educate and create community among the courageous families and professionals who care for children from hard places.
What it reported doing in 2024
The gathering well supports, educates, and inspires adoptive and foster families with relevant connection opportunities and resources including monthly gatherings, related trainings and counseling, and programs to support those families. The gathering well served the following amount of people by program: halo program: 21monthly family gatherings: 764making sense of your worth: 95tbri training: 35
Operating model
- Revenue model
- Donor-supported. 93% 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.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 100
- Sustainability: 79
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 23.3%; rating input score 23
- Program expense ratio: 62.1%; rating input score 62
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 62.5%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 1.79; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 9.7%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 23.3% of revenue deployed · 62.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $30K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 23/100.
- High — Sustainability: Officer compensation ratio scored 21/100.