The Well Mental and Spiritual Care
Nonprofit profile at a glance
- EIN
- 932664234
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- Raleigh, NC, USA
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Mental Health Center
Reported finances
- Revenue
- $82,340
- Expenses
- $91,887
- Assets
- $17,757
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Beth Bordeaux (Officer)
- Elizabeth Watters (Officer)
- Sarah Capel (Officer)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A To qualify and maintain its status as a tax-exempt organization under Section 501c3 of the Federal Internal Revenue Code of 1986 or corresponding provisions of any subsequent Federal tax laws as being operated exclusively for charitable purposes; b To engage in providing mental and spiritual care services and related services; and c To have and exercise such powers as are authorized by the North Carolina Nonprofit Corporation Act including without limitation under Section 55A-3-02 of the General Statutes of North Carolina to the extent and in the manner necessary to carry out the stated purposes of the corporation or otherwise.
What it reported doing in 2025
Therapy & Coaching for Individuals Families or Couples - 150 individuals served
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program revenue.
- 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 program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.5%; rating input score 56
- Program expense ratio: 49.8%; rating input score 50
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -11.6%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 116.5% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 93.6% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 48.1% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 55.5% of revenue deployed · 49.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $46K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- 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: Mission deployment rate scored 56/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.