Skip to main content

Nonprofit · EIN 35-2088790

W MICHAEL & SUSAN WELLS FOUNDATION INC

Tax-exempt · NOBLESVILLE, IN 46062

Financials

$8K$14K2023$8K$12K2024$7K$16K2025
Revenue Expenses · by fiscal year end
Financials of W MICHAEL & SUSAN WELLS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$7,468$15,801-$8,333$167,925$0$167,925
December 31, 2024990-PF$8,347$12,448-$4,101$176,258$0$176,258
December 31, 2023990-PF$8,073$13,625-$5,552$180,359$0$180,359
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,200
Dividends
$6,268

Expenses

Grants and similar amounts paid
$14,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$15,700
Excise tax on investment income
$87

Balance sheet and other

Total assets, start of year
$176,258
Total assets, end of year
$167,925
Total liabilities, end of year
$0
Net assets, end of year
$167,925
Fair market value of assets
$307,502
Qualifying distributions
$15,700
Net investment income
$6,268

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
W MICHAEL WELLS
6238 EDERLINE LANE, NOBLESVILLE, IN 46062
PRESIDENT/DIRECTOR0.1$0
SUSAN L WELLS
6238 EDERLINE LANE, NOBLESVILLE, IN 46062
SECRETARY/TREASURER/DIRECTOR0.1$0
JEFFREY WELLS
6238 EDERLINE LANE, NOBLESVILLE, IN 46062
DIRECTOR0.1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
W MICHAEL WELLS
4829 DEER RIDGE DRIVE SOUTH, CARMEL, IN 46033
PRESIDENT/DIRECTOR0.1$0
SUSAN L WELLS
4829 DEER RIDGE DRIVE SOUTH, CARMEL, IN 46033
SECRETARY/TREASURER/DIRECTOR0.1$0
JEFFREY WELLS
4829 DEER RIDGE DRIVE SOUTH, CARMEL, IN 46033
DIRECTOR0.1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
W MICHAEL WELLS
4829 DEER RIDGE DRIVE SOUTH, CARMEL, IN 46033
PRESIDENT/DIRECTOR0.1$0
SUSAN L WELLS
4829 DEER RIDGE DRIVE SOUTH, CARMEL, IN 46033
SECRETARY/TREASURER/DIRECTOR0.1$0
JEFFREY WELLS
4829 DEER RIDGE DRIVE SOUTH, CARMEL, IN 46033
DIRECTOR0.1$0

Address and contacts

Address (IRS master file)
6238 EDERLINE LN, NOBLESVILLE, IN 46062-7730
Signed the 990-PF
W MICHAEL WELLS, DIRECTOR/PRESIDENT
Phone
(317) 817-5107
Return prepared by
KSM BUSINESS SERVICES INC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-2088790
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$167,925
Income (IRS master file)
$7,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$7,468$15,801$167,925IRS
990-PFDecember 2024$8,347$12,448$176,258IRS
990-PFDecember 2023$8,073$13,625$180,359XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2088790).

Questions about W MICHAEL & SUSAN WELLS FOUNDATION INC

What is the EIN of W MICHAEL & SUSAN WELLS FOUNDATION INC?
The employer identification number (EIN) of W MICHAEL & SUSAN WELLS FOUNDATION INC is 35-2088790.
Is W MICHAEL & SUSAN WELLS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to W MICHAEL & SUSAN WELLS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does W MICHAEL & SUSAN WELLS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of W MICHAEL & SUSAN WELLS FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did W MICHAEL & SUSAN WELLS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of W MICHAEL & SUSAN WELLS FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does W MICHAEL & SUSAN WELLS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $7,468, expenses of $15,801 and total assets of $167,925 at year end.

Other nonprofits in NOBLESVILLE

All nonprofits in NOBLESVILLE · Indiana · Philanthropy, voluntarism and grantmaking foundations