Overview
What is Wellmed Charitable Foundation?
The Wellmed Charitable Foundation is a nonprofit organization that primarily focuses on health education and charitable giving. It generates a substantial annual revenue of $6,428,509, primarily utilized for its operations. The foundation engages in continuing education programs specifically designed for adults, contributing to the wellbeing and knowledge of its community.
Official website here: www.wellmedcharitablefoundation.org
What are the reviews and ratings of this charity?
87% rating from Charity Navigator indicates a solid performance by Wellmed Charitable Foundation, earning a Three-Star out of Four Star rating. This score reflects effective accountability and financial management, with high marks for audit oversight and absence of asset diversion. The charity demonstrates transparency with its conflict of interest and whistleblower policies, as well as proper documentation practices.
The foundation has a notable program expense ratio of 76.13%, which suggests it allocates a significant portion of its funds directly towards its programs and services. Additionally, the liabilities to assets ratio is reasonable at 31.41%, indicating a stable financial position. The organization also maintains a working capital ratio of 0.60 years, suggesting it has adequate resources to meet its short-term obligations.
However, the foundation's fundraising efficiency ratio is relatively low at $0.002, which may indicate challenges in raising funds effectively compared to its expenses. Overall, while Wellmed Charitable Foundation shows strong operational qualities, there may be room for improvement in its fundraising strategies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wellmed Charitable Foundation?
100% of 8 reviewers on Facebook recommend the Wellmed Charitable Foundation. Here is a summary of their reviews:
The nonprofit is praised as a valuable source of free information specifically beneficial for caregivers. Many users highlight the importance of the resources provided, indicating that they find the information helpful and supportive. This organization appears to actively meet the needs of caregivers, reinforcing its positive reputation in the community.
Overall, the sentiment surrounding Wellmed Charitable Foundation is very positive, with users expressing strong approval and appreciation for the services offered. It seems to effectively fulfill its mission, making a significant impact on those who rely on its resources.
This AI summary has been generated from reviews found on Facebook.
Is Wellmed Charitable Foundation legitimate?
Wellmed Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellmed Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,641
For more financial information, click here
Official website here: www.wellmedcharitablefoundation.org
What is the mission statement of Wellmed Charitable Foundation?
The Wellmed Charitable Foundation is centered around health education and charitable giving. Its primary mission is to provide ongoing learning opportunities for adults. This organization annually generates a substantial revenue of $6,428,509, primarily attributed to these educational endeavors. In essence, the foundation plays a significant role in promoting health awareness and contributing to charitable causes through its educational initiatives.
Official website here: www.wellmedcharitablefoundation.org
Who is the CEO of Wellmed Charitable Foundation?
George M Rapier Iii is the Chairman of Wellmed Charitable Foundation.
Official website here: www.wellmedcharitablefoundation.org
What is the revenue of Wellmed Charitable Foundation?
Wellmed Charitable Foundation's revenue in 2022 was $4,745,308.
Official website here: www.wellmedcharitablefoundation.org
Who are the executives of Wellmed Charitable Foundation and what are their salaries?
There 135 volunteers at Wellmed Charitable Foundation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wellmedcharitablefoundation.org
Where can I find the form 990 for Wellmed Charitable Foundation?
Wellmed Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellmedcharitablefoundation.org
Learn more at the official website: www.wellmedcharitablefoundation.org
Mission Statement of Wellmed Charitable Foundation
The Wellmed Charitable Foundation is an organization committed to delivering continuing education opportunities for adults. This nonprofit generates an annual revenue of $6,428,509 through its educational initiatives. Its primary focus lies in the realm of charitable giving and adult education, aiming to contribute positively to various sectors and communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Wellmed Charitable Foundation significantly contributes to health education by providing continuing education programs for adults. With an annual revenue of $6,428,509, it plays a vital role in enhancing community health literacy and awareness. Based in San Antonio, Texas, the foundation focuses on empowering individuals with knowledge that supports informed health choices. Through its educational initiatives, it fosters a culture of well-being and encourages proactive health management among participants.
This information is meant to be a general summary of Wellmed Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,363
- Gross Receipts: $4,851,583
Assets and Liabilities:
- Total Assets: $5,178,028
- Total Liabilities: $1,626,921
- Net Assets: $3,551,107
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2006
Phone
(210) 617-4219Principal Officer
George M Rapier Iii
Main Address
19500 IH 10 W BLDG 1 Mailstop 5132, San Antonio, TX, 78257
NTEE Category
Code: B60 - Education
If you are a representative of Wellmed Charitable Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.