Cliff & Norma Wells Foundation is a 501(c)(3) organization based in Buchanan, Virginia, registered in 2001, with $214,299 in FY2022 revenue. CharityIndex grades it C.
Revenue (FY2022)
$214K
▲ 18.3% vs prior year
Religion median: $139K
Expenses (FY2022)
$217K
Net assets
$3.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cliff & Norma Wells Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cliff & Norma Wells Foundation: 196 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cliff & Norma Wells Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cliff & Norma Wells Foundation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue grew from $131K (FY2013) to $214K (FY2022) across 10 reported years.
Financial snapshot
Operating margin
-1.1%
Spent more than it raised in the latest fiscal year.
Total assets
$3.5M
Total liabilities
$0
Net assets
$3.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $214,299▲18.3% | $216,642▲3.6% | $3,534,114▼0.1% | $3,534,114▼0.1% | 990 |
| 2021 | $181,174▼39.2% | $209,103▲5.0% | $3,536,457▼0.8% | $3,536,457▼0.8% | 990 |
| 2020 | $297,812▲44.2% | $199,226▲4.1% | $3,564,386▲2.8% | $3,564,386▲2.8% | 990 |
| 2019 | $206,479▼25.8% | $191,462▲2.1% | $3,465,800▲0.4% | $3,465,800▲0.4% | 990 |
| 2018 | $278,236▲30.0% | $187,520▲15.0% | $3,451,395▲2.7% | $3,451,395▲2.7% | 990 |
| 2017 | $214,098▲65.1% | $163,046▲0.6% | $3,361,310▲1.5% | $3,361,310▲1.5% | 990 |
| 2016 | $129,717▲23.9% | $162,141▼21.9% | $3,311,448▼1.0% | $3,311,448▼1.0% | 990 |
| 2015 | $104,706▼17.9% | $207,532▲112% | $3,346,139▼3.0% | $3,346,139▼3.0% | 990 |
| 2014 | $127,549▼2.7% | $97,906▼13.3% | $3,450,368▲0.9% | $3,450,368▲0.9% | 990 |
| 2013 | $131,119 | $112,920▲24.1% | $3,420,725▲0.4% | $3,420,725▲0.4% | 990 |
| 2012 | — | $91,017 | $3,408,183 | $3,408,183 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Cliff & Norma Wells Foundation (EIN 31-1783158) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.