Wells Mountain Initiative Inc.

Mission

WMI advances access to university education, predominantly in Africa, and continues lifelong investments in exceptional scholars and alumni through start-up funding and leadership development as they innovate and lead social change.

BRISTOL VT | EIN: 20-3823604

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

25 MAIN ST STE D,
BRISTOL VT 05443-1345

https://WWW.WELLSMOUNTAININITIATIVE.ORG

802-453-4065

Wells Mountain Initiative Inc.

Mission

BRISTOL VT | EIN: 20-3823604

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

25 MAIN ST STE D,
BRISTOL VT 05443-1345

https://WWW.WELLSMOUNTAININITIATIVE.ORG

802-453-4065

Beacon Report

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Good
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Not Scored
Additional Information

Program Expense Ratio:72.03% of total expenses

SCORE100%

Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit.

ExpensesFY2022

Administrative: 25.3%
Fundraising: 0.0%
Program: 74.7%

ExpensesFY2023

Administrative: 14.2%
Fundraising: 10.5%
Program: 75.4%

ExpensesFY2024

Administrative: 17.1%
Fundraising: 17.0%
Program: 66.0%

Administrative
Fundraising
Program

Source: Public data from IRS Form 990

Liabilities to Assets Ratio:1.39% of total assets

SCORE100%

Evaluation area metrics
Score	Metric
100%	Program Expense Ratio:72.03% of total expenses Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit. ExpensesFY2022 Administrative: 25.3% Fundraising: 0.0% Program: 74.7% ExpensesFY2023 Administrative: 14.2% Fundraising: 10.5% Program: 75.4% ExpensesFY2024 Administrative: 17.1% Fundraising: 17.0% Program: 66.0% Administrative Fundraising Program Source: Public data from IRS Form 990
100%	Liabilities to Assets Ratio:1.39% of total assets

Science behind the numbers

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Mission

Mission

Beacon Report