Wellbeing Initiative Inc
Nonprofit profile at a glance
- EIN
- 474853482
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019
- Location
- Lincoln, NE, USA
- Phone
- 5312545451
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Personal Social Services
Reported finances
- Revenue
- $2,659,268
- Expenses
- $2,608,679
- Assets
- $733,155
- Liabilities
- $225,903
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MIRANDA ROGERS (PRESIDENT)
People named in this filing
- MIRANDA ROGERS (PRESIDENT)
- MATTHEW BRASE (TREASURER)
- STACEY SEUFERER (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Wellbeing initiative, inc. Is dedicated to impacting the lives of those living with mental health challenges by providing a community that empowers members to reach their fullest potential.
What it reported doing in 2024
Wellbeing initiative, inc. Provides training and education for individuals with experience with mental health challenges. We strive to provide opportunities for success for these individuals through education and new skills taught. The training and education for providers, peer support specialists, and peers within our communities. Region v wellbeing initiative, inc. Serves as an advocate and liaison to consumers of behavioral health services, including consumers of services which are designed to lead toward wellness and recovery from mental health and substance use challenges. This includes, but is not limited to, meeting with consumers of all ages, their families, and support system throughout the region v geographic area. Kim foundation the whole health employment support and training (whest) program provides mentorship in the development of professional goals, discovery of personal strengths, and the continued building of leadership skills. Participants learn job readiness skills to support them in obtaining gainful employment.
Operating model
- Revenue model
- Grant-funded. 68% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 87% 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: 80
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.2%; rating input score 89
- Program expense ratio: 90.9%; rating input score 91
- Fundraising efficiency: Limited
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: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: 1.9%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 28.5% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 33% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 31.3% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 89.2% of revenue deployed · 90.9% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $2.4M in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.