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The Well Mission

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954751265 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Well Mission?

The Well Mission, located in Los Angeles, California, is a nonprofit organization that demonstrates a twofold commitment to serving the homeless community. They accomplish this by providing essential resources daily, catering to approximately 250 individuals each morning and 300 every Saturday. These resources include donated meals and clothing. In addition to their material support, The Well Mission also offers spiritual nourishment through Christian worship services. The organization's mission encompasses both the physical and spiritual well-being of the homeless population in their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 13%, Zero-Star out of Four Star rating. This low rating indicates significant concerns regarding the organization's accountability and financial practices. The score is based entirely on a singular beacon score, primarily focusing on governance and transparency issues, which have not met the expected standards.

The Well Mission has a complete lack of independent board members, which raises red flags about potential conflicts of interest and governance practices. Additionally, the absence of key policies, such as those regarding conflict of interest, whistleblowing, and document retention, highlights a troubling gap in oversight that could affect donor trust. While the organization has not diverted assets – a positive note – the overall governance structure appears weak.

Financially, the organization has a high liabilities-to-assets ratio at 1846.70%, indicating potential financial instability. Furthermore, a low program expense ratio of 42.34% suggests that a significant portion of funding may not be directed toward its mission-related activities. This combination of issues underscores the need for improvements in both governance and financial management to restore donor confidence.


This AI summary has been generated from information found on Charity Navigator.

Is The Well Mission legitimate?

The Well Mission is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Well Mission 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 The Well Mission?

The Well Mission is dedicated to serving the homeless community, offering them essential support and resources. Each morning, they serve approximately 250 homeless individuals with donated donuts, distribute donated clothes, and provide food for around 300 individuals every Saturday. Additionally, The Well Mission incorporates Christian worship services into their mission, aiming to uplift and provide spiritual support to those in need.

Who is the CEO of The Well Mission?

Rev Esther Joo-Ok Na is the Seceretary of The Well Mission.

What is the revenue of The Well Mission?

The Well Mission's revenue in 2022 was $122,102.

Who are the executives of The Well Mission and what are their salaries?


Here are 3 key members and their salaries:


Kiu S Bae (Seceretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Esther Joo-Ok Na (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
So Yun Bae (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Well Mission?

The Well Mission's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Well Mission

The Well Mission, a nonprofit organization, is dedicated to serving the homeless community and promoting Christian worship. It accomplishes this mission by providing essential services to approximately 250 homeless individuals every morning, amounting to around 90,000 individuals annually. The organization sources its donated donuts and clothing to distribute among these individuals. On Saturdays, The Well Mission extends its reach to an additional 300 homeless individuals, offering them food. Beyond these material provisions, The Well Mission also offers Christian worship services to its community.

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Impact




October, 2024

The Well Mission plays a crucial role in supporting the homeless population in Los Angeles by serving around 250 people each morning, totaling approximately 90,000 individuals annually. Through the distribution of donated donuts and clothes, the organization addresses immediate needs while also fostering a sense of community. Additionally, every Saturday, 300 homeless individuals receive nutritious meals, ensuring they have access to essential sustenance.

Beyond physical provisions, The Well Mission offers Christian worship services, creating a spiritual support system for those in need. This holistic approach not only alleviates hunger and provides clothing but also nurtures hope and connection among participants. Through these efforts, The Well Mission significantly impacts the lives of many, promoting dignity, faith, and community among some of society's most vulnerable members.




This information is meant to be a general summary of The Well Mission. 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.

Revenue
$122,102 (2022)
Expenses
$135,254 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $122,102

Assets and Liabilities:

  • Total Assets: $15,468
  • Total Liabilities: $285,649
  • Net Assets: -$270,181

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Organization Details

Founding Year

1999

Principal Officer

Rev Esther Joo-Ok Na

Main Address

2610 VINEYARD AVE, LOS ANGELES, CA, 90016

NTEE Category

Code: X20 - Religion related

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