Nonprofit · EIN 88-3219923
WELL INCUBATOR
Also known as WELL MINORITY INCUBATOR
Tax-exempt · LOUISVILLE, KY 40222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $62,100 | $89,245 | -$27,145 | $53,687 | $61,961 | -$30,572 |
| December 31, 2023 | 990-EZ | $92,053 | $95,480 | -$3,427 | $93,565 | $96,992 | $39,024 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $59,700
- Program service revenue
- $2,400
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $8,086
- Professional fees and payments to contractors
- $12,300
- Occupancy
- $19,010
- Other expenses
- $49,849
Balance sheet and other
- Total assets, start of year
- $93,565
- Total assets, end of year
- $53,687
- Total liabilities, end of year
- $61,961
- Net assets, end of year
- -$30,572
- Cash, savings and investments
- $30,789
- Land and buildings
- $22,298
- Gross receipts
- $62,100
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENA J STITH | FOUNDER | 30 | $0 |
| NICOLE DOWNS | DIRECTOR | 5 | $0 |
| ALISA BRADY | TREASURER | 5 | $0 |
| TARA WOODS | DIRECTOR | 5 | $0 |
| JESSICA WOODS | SECRETARY | 5 | $0 |
| DR PAMELA MCDANIEL | DIRECTOR | 5 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENA J STITH | FOUNDER | 30 | $0 |
| NICOLE DOWNS | DIRECTOR | 10 | $0 |
| ALISA BRADY | TREASURER | 10 | $0 |
| TARA WOODS | DIRECTOR | 5 | $0 |
| JESSICA WOODS | SECRETARY | 5 | $0 |
| DR PAMELA MCDANIEL | DIRECTOR | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 812 LYNDON LN STE 210, LOUISVILLE, KY 40222-3836
- Signed the 990-EZ
- KENA SAMUELS STITH, CEO
- Phone
- (502) 425-5483
- Return prepared by
- SKS ACCOUNTING AND CONSULTING FIRM
Mission
DEDICATED TO CONNECTING, SUPPORTING AND GROWING LO
Program accomplishments
- PREP SCHOOL ACADEMY WHERE WE WORK WITH 12 ENTREPRENEURS TO ESTABLISH CORE BUSINESS COMPETENCIES TO STRENGHTHEN THEIR BUSINESS
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-3219923
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $53,687
- Income (IRS master file)
- $62,100
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $62,100 | $89,245 | $53,687 | IRS |
| 990-EZ | December 2023 | $92,053 | $95,480 | $93,565 | XML |
| 990-EZ | December 2022 | – | – | – | 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 88-3219923).
Questions about WELL INCUBATOR
- What is the EIN of WELL INCUBATOR?
- The employer identification number (EIN) of WELL INCUBATOR is 88-3219923.
- Is WELL INCUBATOR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to WELL INCUBATOR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WELL INCUBATOR file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WELL INCUBATOR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WELL INCUBATOR last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of WELL INCUBATOR?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does WELL INCUBATOR have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $62,100, expenses of $89,245 and total assets of $53,687 at year end.
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All nonprofits in LOUISVILLE · Kentucky · Community improvement and capacity building