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Nonprofit · EIN 84-5192069

WELLCOME LEAP INC

Tax-exempt · SAN DIEGO, CA 92103

Financials

$3.1M$158.6M2022$800K$155.8M2023$623.7M$142.6M2024
Revenue Expenses · by fiscal year end
Financials of WELLCOME LEAP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$623,665,756$142,602,658$481,063,098$731,863,839$12,273,449$719,590,390
September 30, 2024990-PF$799,917$155,779,752-$154,979,835$252,214,540$13,687,248$238,527,292
September 30, 2023990-PF$3,075,446$158,613,185-$155,537,739$403,398,604$8,051,080$395,347,524
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$597,376,499
Dividends
$669,266
Other income
$25,619,991

Expenses

Grants and similar amounts paid
$118,806,783
Compensation of officers, directors and key employees
$1,895,803
Salaries, compensation and benefits (total)
$3,004,040
Disbursements for charitable purposes
$170,075,389
Excise tax on investment income
$9,157

Balance sheet and other

Total assets, start of year
$252,214,540
Total assets, end of year
$731,863,839
Total liabilities, end of year
$12,273,449
Net assets, end of year
$719,590,390
Fair market value of assets
$731,863,839
Qualifying distributions
$170,075,389
Net investment income
$669,266

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
REGINA DUGAN
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR, PRESIDENT & CEO40$1,071,380$48,707
RICHARD WOOLDRIDGE
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
COO40$711,923$67,972
PAULA FRENCH
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR, TRANSITION
Highest-paid employee
40$323,077$33,846
JANA L WELLING
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
SENIOR FINANCE DIREC
Highest-paid employee
40$289,229$76,202
KATIE WATSON
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
COMMUNICATIONS OFFIC
Highest-paid employee
40$253,846$26,360
TATIANA HERNANDEZ
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
EXECUTIVE ASSISTANT
Highest-paid employee
40$113,182$15,263
JAY FLATLEY
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR & CHAIR1$75,000$0
ELISE FELICETTA
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
EXECUTIVE ASSISTANT
Highest-paid employee
40$61,615$7,136
JUDITH SWAIN
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR1$37,500$0
RICHARD GILLINGWATER
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR1$0$0
JOHN-ARNE ROTTINGEN
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR1$0$0
FIONA POWRIE
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR1$0$0
990-PF for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
REGINA DUGAN
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR, PRESIDENT & CEO40$790,408$72,752
RICHARD WOOLDRIDGE
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
COO40$601,923$74,273
JANA L WELLING
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
COMPTROLLER & SR. DI
Highest-paid employee
40$266,957$62,877
RACHEL ROGERS
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
SECRETARY (THROUGH JULY 2024)40$163,450$43,902
TATIANA HERNANDEZ
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
EXECUTIVE ASSISTANT
Highest-paid employee
40$103,171$13,032
JAY FLATLEY
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR & CHAIR1$75,000$0
HO CHING
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR1$12,500$0
MICHAEL FERGUSON
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR1$0$0
JEREMY FARRAR
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR1$0$0
FIONA POWRIE
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103
DIRECTOR1$0$0
990-PF for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
REGINA DUGAN
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
DIRECTOR, PRESIDENT & CEO40$747,620$40,270
KAIGHAM GABRIEL
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
COO (THROUGH JULY 2023)40$605,769$39,210
JANA L WELLING
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
COMPTROLLER & SR. DI
Highest-paid employee
40$235,356$67,001
RACHEL ROGERS
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
SECRETARY40$208,850$51,395
JAY FLATLEY
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
DIRECTOR & CHAIR1$150,000$0
SARAH VON OLDENBURG
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
OPERATIONS AND DIGIT
Highest-paid employee
40$119,343$20,076
RICHARD WOOLDRIDGE
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
COO40$115,385$12,199
HO CHING
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
DIRECTOR1$50,000$0
MICHAEL FERGUSON
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
DIRECTOR1$0$0
JEREMY FARRAR
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
DIRECTOR1$0$0
FIONA POWRIE
9942 CULVER BLVD 1277, CULVER CITY, CA 90232
DIRECTOR1$0$0

Address and contacts

Address (IRS master file)
302 WASHINGTON STREET 150-1384, SAN DIEGO, CA 92103-2110
Signed the 990-PF
REGINA DUGAN, PRESIDENT & CEO
Phone
(916) 503-8105
Return prepared by
BAKER TILLY ADVISORY GROUP LP

California records

California keeps its own records of charities and corporations. Search them by EIN 84-5192069 or by the name WELLCOME LEAP INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-PF on file
2023September 30, 2024February 17, 2025990-PF on file

IRS record

EIN
84-5192069
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
2020
Accounting year ends
September
Files
Form 990-PF
Category (NTEE)
Medical research (H12)
Assets (IRS master file)
$731,863,839
Income (IRS master file)
$623,665,756

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$623,665,756$142,602,658$731,863,839XML
990-PFSeptember 2024$799,917$155,779,752$252,214,540XML
990-PFSeptember 2023$3,075,446$158,613,185$403,398,604XML
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––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 84-5192069).

Questions about WELLCOME LEAP INC

What is the EIN of WELLCOME LEAP INC?
The employer identification number (EIN) of WELLCOME LEAP INC is 84-5192069.
Is WELLCOME LEAP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to WELLCOME LEAP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WELLCOME LEAP INC file?
Form 990-PF. Private foundations file every year.
When is the next return of WELLCOME LEAP INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WELLCOME LEAP INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of WELLCOME LEAP INC?
The 990-PF for the year ended September 30, 2025 lists 12 people; 9 received compensation from the organization, the highest $1,071,380 (REGINA DUGAN, DIRECTOR, PRESIDENT & CEO).
How much revenue does WELLCOME LEAP INC have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $623,665,756, expenses of $142,602,658 and total assets of $731,863,839 at year end.

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