Overview
What is The Well Coffeehouse?
The Well Coffeehouse is a compassionate nonprofit organization based in Nashville, Tennessee, with its address at 5000 Linbar St STE 285. Established in 2012, its primary purpose is to foster community locally and make a global impact by donating profits from its coffee sales to provide clean water. The coffeehouse is deeply committed to its mission of loving coffee and people, and it achieves this by serving high-quality coffee and creating a community atmosphere in its local coffeehouses. Additionally, the organization sources its coffee from around the world and prioritizes addressing safe water needs in these countries. Currently, The Well Coffeehouse employs 134 individuals.
Official website here: www.thewellcoffeehouse.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
The Well Coffeehouse has received an 81% rating from Charity Navigator, indicating a solid level of performance in accountability and finance. This score is derived entirely from their accountability measures, demonstrating a commitment to transparency and responsible financial management. The organization has successfully implemented policies and practices that ensure oversight and ethical governance.
One of the notable strengths of The Well Coffeehouse is its independent board, with 81% of its members being independent, which enhances decision-making and reduces potential conflicts of interest. The financial health of the organization appears robust as indicated by a very low program expense ratio of 96.31%, suggesting that the majority of funds are directed towards mission-related activities.
While the score reflects positive accountability measures, it is important for potential donors and supporters to consider that the rating is solely based on financial metrics. There may be additional aspects of operational performance and programmatic impact that are not captured within this score, which could be relevant for a comprehensive assessment of the nonprofit's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Well Coffeehouse legitimate?
The Well Coffeehouse is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Well Coffeehouse 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: $175,193
Professional Fundraising Fees: $0
Other Salaries and Wages: $941,780
For more financial information, click here
Official website here: www.thewellcoffeehouse.com
What is the mission statement of The Well Coffeehouse?
The Well Coffeehouse's mission is centered around its love for coffee and people, aiming to make a positive impact locally and globally. It achieves this by serving quality coffee and fostering a community, while donating its profits to provide clean water globally, prioritizing the necessity in coffee-producing countries. The coffeehouse's purpose is to turn every sip into a source of water, demonstrating its commitment to both coffee and humanity.
Official website here: www.thewellcoffeehouse.com
Who is the CEO of The Well Coffeehouse?
Michael Lenda is the Ceo of The Well Coffeehouse. The CEO's salary of The Well Coffeehouse is $110,787 and their total compensation is $120,497.
Official website here: www.thewellcoffeehouse.com
What is the revenue of The Well Coffeehouse?
The Well Coffeehouse's revenue in 2022 was $2,466,823.
Official website here: www.thewellcoffeehouse.com
Who are the executives of The Well Coffeehouse and what are their salaries?
The average compensation at The Well Coffeehouse during 2022 was $8,336. There are 134 employees and 7 volunteers at The Well Coffeehouse.
Here are 9 key members and their salaries (The Well Coffeehouse's CEO's salary is $110,787 and their total compensation is $120,497):
- Compensation: $110,787
- Related: $0
- Other: $9,710
- Compensation: $64,405
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thewellcoffeehouse.com
Where can I find the form 990 for The Well Coffeehouse?
The Well Coffeehouse's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thewellcoffeehouse.com
Learn more at the official website: www.thewellcoffeehouse.com
Mission Statement of The Well Coffeehouse
The Well Coffeehouse, a mission-driven establishment, is committed to expressing its love for coffee and people in a profound manner. It accomplishes this by making a difference locally and globally through the coffee it serves and the community it fosters. The coffeehouse donates its profits to provide clean water globally, prioritizing the water needs in countries that supply its high-quality coffee beans. The organization's purpose is described as a journey that began in 2012, with a goal to build a sense of community locally and make an impact globally by constructing water wells. At The Well Coffeehouse, the love for coffee and people goes beyond the cup; it's a full-circle experience, driven by the desire to contribute positively to the world.
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Impact
July, 2024
The Well Coffeehouse's impact extends far beyond just serving coffee. By prioritizing community building and global giving, The Well Coffeehouse is changing lives locally and globally. Through its unique approach of turning coffee into water, this establishment is making a meaningful difference in the world. The profits generated are donated to bring clean water to communities in need, prioritizing the essential need for safe water in the countries where they source their coffee beans. This dual focus on community improvement and global impact sets The Well Coffeehouse apart as a beacon of positive change, showing that a simple cup of coffee can have a profound impact on people's lives.
This information is meant to be a general summary of The Well Coffeehouse. 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.
- Gross Receipts: $3,301,533
Assets and Liabilities:
- Total Assets: $3,284,185
- Total Liabilities: $2,255,026
- Net Assets: $1,029,159
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Organization Details
Founding Year
2012
Phone
(615) 457-2684Principal Officer
Michael Lenda
Main Address
5000 LINBAR ST STE 285, NASHVILLE, TN, 37211
Website
www.thewellcoffeehouse.comNTEE Category
Code: S30 - Community improvement
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