Well For The Journey Inc

Well For The Journey Inc shows consistent revenue growth and strong financial stability with no reported officer compensation.

EIN: 20625930 · Lutherville, MD · NTEE: B60 · Updated: 2026-03-28

$310KRevenue

$153KAssets

92/100Mission Score (Excellent)

B60

About Well For The Journey Inc

Well For The Journey Inc (EIN: 20625930) is a nonprofit organization based in Lutherville, MD, classified under NTEE code B60. The organization reported total revenue of $310K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Well For The Journey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Well For The Journey Inc demonstrates consistent financial activity, with revenues fluctuating but generally showing growth over the past decade. In the latest filing (202406), the organization reported revenues of $407,169 against expenses of $325,443, indicating a healthy surplus. The organization's assets have also shown a positive trend, growing from $60,870 in 2020 to $160,936 in 2024, suggesting prudent financial management and accumulation of resources. Liabilities remain very low, at $701 in the latest period, which is a strong indicator of financial stability.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a significant positive for spending efficiency and donor confidence. The consistent filing of IRS Form 990s over 14 periods also points to a commitment to transparency.

Overall, Well For The Journey Inc appears to be a financially stable and efficiently run organization. Its consistent revenue generation, asset growth, minimal liabilities, and lack of officer compensation contribute to a positive assessment of its financial health and commitment to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Well For The Journey 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Well For The Journey Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with annual revenues exceeding $300,000 and suggests a strong volunteer-driven leadership or alternative compensation structures, which significantly boosts the proportion of funds available for programs.

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.

Strengths

The following positive indicators were identified for Well For The Journey Inc:

Consistent revenue generation, with latest revenue at $407,169.
Strong asset growth, reaching $160,936 in 2024 from $60,870 in 2020.
Extremely low liabilities ($701 in 2024), indicating strong financial health.
0% officer compensation reported across all filings, maximizing funds for mission.
Consistent IRS 990 filing history (14 filings), demonstrating transparency.

Frequently Asked Questions about Well For The Journey Inc

Is Well For The Journey Inc financially stable?

Yes, the organization appears financially stable. It consistently generates revenue, has grown its assets to $160,936 in 2024, and maintains very low liabilities ($701 in 2024).

How efficient is Well For The Journey Inc with its spending?

The organization appears highly efficient, especially given that officer compensation is consistently reported as 0% across all filings, meaning more funds are available for direct program services and operational needs.

Does Well For The Journey Inc have high overhead costs?

Based on the 0% officer compensation, it is highly probable that the organization has low overhead costs, as a significant portion of administrative expenses often comes from executive salaries.

Filing History

IRS 990 filing history for Well For The Journey Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Well For The Journey Inc's revenue has grown by 186.2%, moving from $142K to $407K. Total assets increased by 237.2% over the same period, from $48K to $161K. Total functional expenses rose by 136%, from $138K to $325K. In its most recent filing year (2024), Well For The Journey Inc reported a surplus of $82K, with revenue exceeding expenses. The organization holds $701 in liabilities against $161K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $160K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$407K	$325K	$161K	$701	—	—
2023	$251K	$271K	$169K	$38K	—	View 990
2022	$290K	$244K	$155K	$1K	—	View 990
2021	$255K	$210K	$129K	$21K	—	View 990
2020	$257K	$254K	$61K	$0	—	—
2019	$188K	$225K	$31K	$0	—	View 990
2018	$247K	$200K	$68K	$0	—	—
2017	$155K	$201K	$21K	$676	—	View 990
2016	$210K	$207K	$68K	$1K	—	View 990
2015	$185K	$172K	$65K	$1K	—	View 990
2014	$192K	$178K	$53K	$1K	—	View 990
2013	$167K	$181K	$38K	$0	—	View 990
2012	$151K	$148K	$52K	$-5	—	View 990
2011	$142K	$138K	$48K	$40	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $407K, expenses of $325K, and assets of $161K (revenue +62.5% year-over-year).
2023: Revenue of $251K, expenses of $271K, and assets of $169K (revenue -13.7% year-over-year).
2022: Revenue of $290K, expenses of $244K, and assets of $155K (revenue +14.1% year-over-year).
2021: Revenue of $255K, expenses of $210K, and assets of $129K (revenue -0.8% year-over-year).
2020: Revenue of $257K, expenses of $254K, and assets of $61K (revenue +36.6% year-over-year).
2019: Revenue of $188K, expenses of $225K, and assets of $31K (revenue -23.9% year-over-year).
2018: Revenue of $247K, expenses of $200K, and assets of $68K (revenue +59.0% year-over-year).
2017: Revenue of $155K, expenses of $201K, and assets of $21K (revenue -26.2% year-over-year).
2016: Revenue of $210K, expenses of $207K, and assets of $68K (revenue +13.7% year-over-year).
2015: Revenue of $185K, expenses of $172K, and assets of $65K (revenue -3.7% year-over-year).
2014: Revenue of $192K, expenses of $178K, and assets of $53K (revenue +14.6% year-over-year).
2013: Revenue of $167K, expenses of $181K, and assets of $38K (revenue +11.2% year-over-year).
2012: Revenue of $151K, expenses of $148K, and assets of $52K (revenue +5.8% year-over-year).
2011: Revenue of $142K, expenses of $138K, and assets of $48K.

Data Sources and Methodology

This transparency report for Well For The Journey 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.