The Well of North Louisiana Inc
Nonprofit profile at a glance
- EIN
- 843634069
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Ruston, LA, USA
- Phone
- 3182322865
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $139,951
- Expenses
- $162,086
- Assets
- $139,533
- Liabilities
- $36
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JEREMY PENDERGRASS (PRESIDENT)
People named in this filing
- TARA STONE (EXECUTIVE DI)
- JEREMY PENDERGRASS (PRESIDENT)
- ELIZABETH TURPIN (SECRETARY/TR)
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 well of north Louisiana is a non-profit corporation organized and operated exclusively for charitable purposes, specifically to provide religious, charitable, and educational resources. We hope to be a resource and empowerment agency for individuals or families who are living in material poverty, caring for vulnerable children, or stuck in cycles of trauma. We do this through three main departments: advocacy, equipping, and empowerment.
What it reported doing in 2024
We seek to develop healthy, restorative relationships with the people in our city who need a community of support the most. The well hosts community building events designed to create sae places for people to connect with one another and have access to resources.
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
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: -15.8%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 30.1% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 12.5% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $162K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 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.
- High — Sustainability: Operating margin scored 10/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.