Overview
What is Wellcore Inc?
Wellcore Inc, based in Blauvelt, New York, is a nonprofit organization that takes a proactive approach in addressing teenage substance abuse. They achieve this through a range of educational initiatives, including seminars, alternative events, and distributing relevant literature. Their mission is to raise awareness about this issue and provide the necessary information and support services to combat and reduce substance abuse among teenagers. With a team of 33 dedicated individuals, Wellcore Inc plays a significant role in its local community, working tirelessly to promote a healthier and safer future for its youth.
Official website here: www.wellcore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%
Wellcore Inc has achieved a strong rating of 92%, reflecting its robust performance in Accountability & Finance, which constitutes its overall score. The organization has successfully established an independent board, with 100% of board members being independent, ensuring effective governance and oversight. Financial management practices are commendable, with a program expense ratio of 83.27%, indicating that the majority of its resources are directed towards its charitable programs.
However, while Wellcore Inc has demonstrated strong financial practices and transparency, it lacks a whistleblower policy, which is a noted limitation in its governance framework. This could raise concerns about the mechanisms in place for reporting unethical behavior or misconduct within the organization. Despite this gap, most other accountability metrics are well addressed, showcasing a commitment to ethical operations and transparency.
Overall, Wellcore Inc exemplifies a nonprofit that prioritizes financial health and governance, but it could strengthen its policies further to enhance stakeholder trust and operational integrity. The organization’s high scores in various metrics suggest a promising capacity to effectively fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Wellcore Inc legitimate?
Wellcore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellcore Inc 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: $227,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $435,702
For more financial information, click here
Official website here: www.wellcore.org
What is the mission statement of Wellcore Inc?
Wellcore Inc, as an organization, is committed to increasing awareness about substance abuse among teenagers. Their mission is to disseminate necessary information and support services to prevent and decrease substance abuse. To accomplish this, Wellcore offers educational seminars, alternative events, and literature to local communities, addressing topics such as substance abuse prevention and mental health, specifically focusing on teenagers.
Official website here: www.wellcore.org
What is the revenue of Wellcore Inc?
Wellcore Inc's revenue in 2024 was $1,221,528.
Official website here: www.wellcore.org
Who are the executives of Wellcore Inc and what are their salaries?
The average compensation at Wellcore Inc during 2024 was $20,716. There are 32 employees and 4 volunteers at Wellcore Inc.
Here are 4 key members and their salaries:
- Compensation: $115,914
- Related: $0
- Other: $0
- Compensation: $78,750
- Related: $0
- Other: $0
- Compensation: $32,556
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wellcore.org
Where can I find the form 990 for Wellcore Inc?
Wellcore Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wellcore.org
Learn more at the official website: www.wellcore.org
Mission Statement of Wellcore Inc
Wellcore Inc, a nonprofit organization, is committed to raising awareness about teenage substance abuse and providing necessary information and support services to prevent and decrease its prevalence. The organization's primary mission is to disseminate knowledge and resources aimed at preventing substance abuse among teenagers. In pursuit of this goal, Wellcore Inc offers various educational services to the local communities, including seminars, alternative events, and literature. These resources address a range of topics, such as substance abuse prevention and mental health, with a focus on the teenage demographic. The organization's efforts are geared towards empowering communities and individuals to take proactive steps towards addressing and combating the issue of teenage substance abuse.
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Impact
July, 2024
Wellcore Inc's impact is focused on increasing awareness of teenage substance abuse and disseminating information and support services needed to prevent and decrease substance abuse among teenagers. Through educational services such as seminars, alternative events, and literature, Wellcore Inc targets local communities to address a variety of topics related to substance abuse prevention and mental health. Their mission is to empower teenagers with the knowledge and resources to make healthy choices, ultimately contributing to the well-being of youth development in the community.
This information is meant to be a general summary of Wellcore Inc. 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 2024.
- Investment Income: $5
- Gross Receipts: $1,221,528
Assets and Liabilities:
- Total Assets: $126,938
- Total Liabilities: $52,856
- Net Assets: $74,082
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Organization Details
Founding Year
2007
Principal Officer
Victoria Shaw
Website
www.wellcore.orgNTEE Category
Code: O99O - Youth development
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