Well Aware Inc
Well Aware Inc. shows consistent growth and no reported officer compensation over a decade.
EIN: 205025148 · Austin, TX · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| Net Assets | $444K |
| Transparency Score | 92/100 |
Is Well Aware Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Well Aware Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Well Aware Inc
Well Aware Inc (EIN: 205025148) is a nonprofit organization based in Austin, TX, classified under NTEE code Q33. The organization reported total revenue of $1.3M and total assets of $335K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Well Aware Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Well Aware Inc is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 28.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-895 |
| Total Assets | $522K |
| Total Liabilities | $78K |
| Net Assets | $444K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2022, Well Aware Inc reported a deficit of $895 with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Well Aware Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +30.5% | +46.1% | +5.9% |
| 2021 | +7.5% | +21.3% | +25.1% |
| 2020 | +0.5% | -22.9% | +165.1% |
| 2019 | +14.2% | +27.9% | -19.4% |
| 2018 | +87.2% | +50.0% | +144.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Well Aware Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Well Aware Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $895, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
Well Aware Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong volunteer-driven leadership or that compensation is covered by other means not reported as officer compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Well Aware Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in 2022 ($1,519,685 vs $1,518,790), though this is a minor deficit.
Strengths
The following positive indicators were identified for Well Aware Inc:
- Consistent revenue growth over a decade (from $273,688 in 2013 to $1,518,790 in 2022).
- 0% reported officer compensation across all filings, indicating high efficiency.
- Strong asset growth and relatively low liabilities, demonstrating financial stability.
- Consistent filing of IRS Form 990s, showing good transparency.
- Positive net assets trend, indicating financial health.
Frequently Asked Questions about Well Aware Inc
Is Well Aware Inc a legitimate charity?
Well Aware Inc (EIN: 205025148) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.3M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Well Aware Inc spend its money?
Well Aware Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Well Aware Inc tax-deductible?
Well Aware Inc is registered as a tax-exempt nonprofit (EIN: 205025148). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Well Aware Inc's spending goes to programs?
Well Aware Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Well Aware Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Well Aware Inc is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Well Aware Inc located?
Well Aware Inc is headquartered in Austin, Texas and files with the IRS under EIN 205025148. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Well Aware Inc have?
Well Aware Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Is Well Aware Inc. a good charity?
Based on its financial data, Well Aware Inc. appears to be a very good charity. It demonstrates strong financial growth, maintains low liabilities, and notably reports 0% officer compensation, suggesting a high dedication of funds to its mission.
How has Well Aware Inc.'s revenue changed over time?
Well Aware Inc. has shown significant revenue growth, increasing from $273,688 in 2013 to $1,518,790 in 2022, indicating a successful expansion of its operations and fundraising efforts.
What is Well Aware Inc.'s approach to executive compensation?
Well Aware Inc. reports 0% officer compensation in all available IRS 990 filings, which is an exceptional practice indicating that no salaries are paid to its officers, maximizing funds for programmatic use.
Are Well Aware Inc.'s assets growing?
Yes, Well Aware Inc.'s assets have grown substantially, from $128,058 in 2013 to $521,714 in 2022, demonstrating increasing financial stability and capacity.
Filing History
IRS 990 filing history for Well Aware Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Well Aware Inc's revenue has grown by 1404.7%, moving from $101K to $1.5M. Total assets increased by 3609% over the same period, from $14K to $522K. Total functional expenses rose by 1488.3%, from $96K to $1.5M. In its most recent filing year (2022), Well Aware Inc reported a deficit of $895, with expenses exceeding revenue. The organization holds $78K in liabilities against $522K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.5M | $1.5M | $522K | $78K | — | View 990 |
| 2021 | $1.2M | $1.0M | $492K | $47K | — | View 990 |
| 2020 | $1.1M | $857K | $394K | $73K | — | — |
| 2019 | $1.1M | $1.1M | $148K | $54K | — | View 990 |
| 2018 | $944K | $868K | $184K | $56K | — | View 990 |
| 2017 | $504K | $579K | $75K | $19K | — | View 990 |
| 2016 | $474K | $392K | $151K | $20K | — | View 990 |
| 2015 | $327K | $351K | $52K | $3K | — | View 990 |
| 2014 | $283K | $328K | $76K | $2K | — | View 990 |
| 2013 | $274K | $165K | $128K | $8K | — | View 990 |
| 2012 | $123K | $117K | $16K | $0 | — | View 990 |
| 2011 | $101K | $96K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $522K (revenue +30.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $492K (revenue +7.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $857K, and assets of $394K (revenue +0.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $148K (revenue +14.2% year-over-year).
- 2018: Revenue of $944K, expenses of $868K, and assets of $184K (revenue +87.2% year-over-year).
- 2017: Revenue of $504K, expenses of $579K, and assets of $75K (revenue +6.2% year-over-year).
- 2016: Revenue of $474K, expenses of $392K, and assets of $151K (revenue +45.2% year-over-year).
- 2015: Revenue of $327K, expenses of $351K, and assets of $52K (revenue +15.6% year-over-year).
- 2014: Revenue of $283K, expenses of $328K, and assets of $76K (revenue +3.3% year-over-year).
- 2013: Revenue of $274K, expenses of $165K, and assets of $128K (revenue +122.9% year-over-year).
- 2012: Revenue of $123K, expenses of $117K, and assets of $16K (revenue +21.6% year-over-year).
- 2011: Revenue of $101K, expenses of $96K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Well Aware Inc:
Data Sources and Methodology
This transparency report for Well Aware Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.