Overview
What is Angie And Leo Wells Foundation Inc?
Angie And Leo Wells Foundation Inc, based in Peachtree Corners, Georgia, serves as a charitable organization that adheres to the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). Their primary mission is to provide financial support to various charities, contributing to their noble causes. By doing so, the foundation contributes to the betterment of society and aids in the fulfillment of the exempt purposes of NCCF. The foundation's location is at 5445 Triangle Parkway Suite 170, Peachtree Corners, GA 30092.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Angie And Leo Wells Foundation Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a high degree of accountability and financial health. The organization achieved an impressive score of 96% in the Accountability & Finance category, indicating strong governance practices and responsible financial management. This rating is based entirely on their accountability metrics, showcasing their commitment to transparency.
One of the key strengths highlighted is the foundation's independent board structure, with 60% of board members being independent, which is crucial for unbiased decision-making. Additionally, the organization has demonstrated exemplary financial management, with a program expense ratio of 99.86%, indicating that nearly all financial resources are directed towards their programs and mission. Furthermore, the lack of material diversion of assets and a perfect score in areas such as financial statements audit reinforces their operational integrity.
Despite the exceptional scores, the summary does not indicate any specific limitations or concerns. Nonetheless, maintaining high standards in governance and continuing to focus on their mission will be essential as they move forward. Overall, the Angie And Leo Wells Foundation Inc sets a strong example for accountability and financial stewardship in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Angie And Leo Wells Foundation Inc legitimate?
Angie And Leo Wells Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Angie And Leo Wells Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Angie And Leo Wells Foundation Inc?
The Angie and Leo Wells Foundation Inc. is committed to providing funding to charities, aligning with the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). Through this mission, the foundation aims to contribute to various charitable causes, furthering the objectives of the NCCF. The foundation's primary role is to dispense funds to eligible charities, thereby supporting their initiatives and making a positive impact in various communities. The foundation's contributions help these charities in carrying out their missions, ultimately benefiting those in need.
Who is the CEO of Angie And Leo Wells Foundation Inc?
Randy Simmons is the Director of Angie And Leo Wells Foundation Inc.
What is the revenue of Angie And Leo Wells Foundation Inc?
Angie And Leo Wells Foundation Inc's revenue in 2022 was $1,494,651.
Who are the executives of Angie And Leo Wells Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $276,953
- Other: $6,989
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- Other: $0
- Compensation: $0
- Related: $203,679
- Other: $16,896
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Angie And Leo Wells Foundation Inc?
Angie And Leo Wells Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Angie And Leo Wells Foundation Inc
Angie And Leo Wells Foundation Inc is committed to fulfilling the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF), by providing funding to various charities. This foundation serves as a conduit, channeling resources to organizations that align with its mission to support charitable causes. By providing financial assistance, Angie And Leo Wells Foundation Inc contributes to the wider charitable sector and helps to further the goals of the NCCF. The foundation's role is vital in supporting various charities, enabling them to carry out their respective missions and make a positive impact in their communities.
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Impact
July, 2024
The Angie And Leo Wells Foundation Inc has a significant impact on philanthropy by providing funding to charities in fulfillment of the exempt purposes of the National Christian Charitable Foundation, Inc. This support directly contributes to the betterment of communities and helps further the missions of various charitable organizations. Through their efforts, the foundation plays a vital role in promoting social welfare and making a positive difference in the lives of those in need.
This information is meant to be a general summary of Angie And Leo Wells Foundation 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 2022.
- Investment Income: $1,494,651
- Gross Receipts: $1,494,651
Assets and Liabilities:
- Total Assets: $18,592,416
- Total Liabilities: $139
- Net Assets: $18,592,277
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Organization Details
Founding Year
2013
Phone
(678) 892-1749Principal Officer
Randy Simmons
Main Address
5445 TRIANGLE PARKWAY SUITE 170, PEACHTREE CORNERS, GA, 30092
NTEE Category
Code: T30 - Philanthropy
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